Latest period
$54.9B
YoY change
+5.5%
5Y CAGR
+1.3%
Peak year (FY2025)
$54.8B
Latest annual
$54.8B
Total Debt history chart for McDonald's (MCD) from 2016 to 2025
Latest: $54.8B
Total Debt growth chart for McDonald's (MCD) from 2016 to 2025
Latest: +5.5%
Total Debt history table for McDonald's (MCD) from 1985 to 2025
| FY2025 | $54.8B | +5.5% | +$2.87B | ||
| FY2024 | $51.9B | -2.2% | -$1.14B | ||
| FY2023 | $53.1B | +9.0% | +$4.39B | ||
| FY2022 | $48.7B | -1.3% | -$650M | ||
| FY2021 | $49.3B | -4.1% | -$2.11B | ||
| FY2020 | $51.5B | +8.2% | +$3.91B | ||
| FY2019 | $47.6B | +53.0% | +$16.5B | ||
| FY2018 | $31.1B | +5.2% | +$1.54B | ||
| FY2017 | $29.5B | +13.8% | +$3.58B | ||
| FY2016 | $26B | +7.6% | +$1.83B | ||
| FY2015 | $24.1B | +61.5% | +$9.19B | ||
| FY2014 | $14.9B | +5.7% | +$806M | ||
| FY2013 | $14.1B | +3.6% | +$497M | ||
| FY2012 | $13.6B | +9.1% | +$1.13B | ||
| FY2011 | $12.5B | +8.6% | +$995M | ||
| FY2010 | $11.5B | +8.8% | +$927M | ||
| FY2009 | $10.6B | +3.5% | +$361M | ||
| FY2008 | $10.2B | +9.9% | +$917M | ||
| FY2007 | $9.3B | +10.6% | +$894M | ||
| FY2006 | $8.41B | -17.1% | -$1.73B | ||
| FY2005 | $10.1B | +9.9% | +$917M | ||
| FY2004 | $9.22B | -5.3% | -$511M | ||
| FY2003 | $9.73B | -2.5% | -$249M | ||
| FY2002 | $9.98B | +11.9% | +$1.06B | ||
| FY2001 | $8.92B | +5.2% | +$444M | ||
| FY2000 | $8.47B | +16.8% | +$1.22B | ||
| FY1999 | $7.25B | +3.0% | +$209M | ||
| FY1998 | $7.04B | +9.0% | +$580M | ||
| FY1997 | $6.46B | +17.0% | +$940M | ||
| FY1996 | $5.52B | +14.2% | +$687M | ||
| FY1995 | $4.84B | +21.4% | +$854M | ||
| FY1994 | $3.98B | +7.3% | +$270M | ||
| FY1993 | $3.71B | -3.7% | -$144M | ||
| FY1992 | $3.86B | -16.4% | -$758M | ||
| FY1991 | $4.61B | -3.7% | -$178M | ||
| FY1990 | $4.79B | +18.7% | +$756M | ||
| FY1989 | $4.04B | +23.5% | +$767M | ||
| FY1988 | $3.27B | +17.4% | +$484M | ||
| FY1987 | $2.78B | +20.0% | +$464M | ||
| FY1986 | $2.32B | +31.2% | +$552M | ||
| FY1985 | $1.77B | — | — |
- FY2025$54.8B+5.5%
- FY2024$51.9B-2.2%
- FY2023$53.1B+9.0%
- FY2022$48.7B-1.3%
- FY2021$49.3B-4.1%
- FY2020$51.5B+8.2%
- FY2019$47.6B+53.0%
- FY2018$31.1B+5.2%
- FY2017$29.5B+13.8%
- FY2016$26B+7.6%
- FY2015$24.1B+61.5%
- FY2014$14.9B+5.7%
- FY2013$14.1B+3.6%
- FY2012$13.6B+9.1%
- FY2011$12.5B+8.6%
- FY2010$11.5B+8.8%
- FY2009$10.6B+3.5%
- FY2008$10.2B+9.9%
- FY2007$9.3B+10.6%
- FY2006$8.41B-17.1%
- FY2005$10.1B+9.9%
- FY2004$9.22B-5.3%
- FY2003$9.73B-2.5%
- FY2002$9.98B+11.9%
- FY2001$8.92B+5.2%
- FY2000$8.47B+16.8%
- FY1999$7.25B+3.0%
- FY1998$7.04B+9.0%
- FY1997$6.46B+17.0%
- FY1996$5.52B+14.2%
- FY1995$4.84B+21.4%
- FY1994$3.98B+7.3%
- FY1993$3.71B-3.7%
- FY1992$3.86B-16.4%
- FY1991$4.61B-3.7%
- FY1990$4.79B+18.7%
- FY1989$4.04B+23.5%
- FY1988$3.27B+17.4%
- FY1987$2.78B+20.0%
- FY1986$2.32B+31.2%
- FY1985$1.77B—
Total Debt values are taken from McDonald's's reported balance sheets (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Total Debt at McDonald's (MCD)
According to McDonald's's latest reported financial statements, the company's latest reported total debt is $54.9B. Total debt is the sum of short-term and long-term interest-bearing borrowings on the balance sheet (notes, bonds, term loans, lease liabilities). Useful for leverage and refinancing risk — compare with cash on hand for net leverage, and total liabilities for the broader obligations picture.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
As of the 2025 fiscal year, McDonald's (MCD) reported total debt of $54.8B – grew 5.5% year-over-year.
Through 2020–2025 (5 years), McDonald's total debt delivered a +1.3% annualised rate; with mixed annual results across the window.
The record annual total debt stands at $54.8B, reached in 2025; the historical low of $1.77B was recorded in 1985.
McDonald's Total Debt by Year
McDonald's Total Debt 2025: $54.8B
In 2025, McDonald's reported total debt of $54.8B, grew 5.5% from 2024. This figure represents the highest annual value in the available history.
McDonald's Total Debt 2024: $51.9B
McDonald's total debt in 2024 was $51.9B, edged down 2.2% below 2023.
McDonald's Total Debt 2023: $53.1B
2023's total debt for McDonald's came in at $53.1B, grew 9.0% from 2022.
McDonald's Total Debt 2022: $48.7B
McDonald's posted total debt of $48.7B in 2022, edged down 1.3% below 2021.
McDonald's Total Debt 2021: $49.3B
McDonald's total debt in 2021 was $49.3B.
See more financial history for McDonald's (MCD).
Sector peers by Total Debt
Consumer Cyclical peers of McDonald's (MCD), ranked by their latest total debt
| $153B | |
| $65.4B | |
| $44.7B | |
| $37.6B | |
| $19.3B | |
| $13.5B | |
| $8.38B | |
| $770M |
- $153B
- $65.4B
- $44.7B
- $37.6B
- $19.3B
- $13.5B
- $8.38B
- $770M
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