Mcdonalds (MCD) Debt to Equity (2009 - 2026)

Mcdonalds (MCD) reported Debt to Equity of -$31.19 for Q1 2026, down 176.73% on a YoY basis from $40.65 in Q1 2025, and down 39.73% quarter-over-quarter from -$22.32 in Q4 2025.

Mcdonalds (MCD) Debt to Equity (2009 - 2026) Analysis & Trends

Mcdonalds has reported Debt to Equity for 18 years, with the latest figure at -$31.19 in Q1 2026.

  • For the quarter ending Q1 2026, Debt to Equity fell 176.73% year-over-year to -$31.19; the trailing twelve-month figure through Mar 2026 stood at -$31.19 (down 176.73% YoY), and the FY2025 full-year result was -$22.32, down 120.55% from the prior year.
  • Debt to Equity for Q1 2026 stood at -$31.19, down from -$22.32 in the prior quarter.
  • The five-year high for Debt to Equity was -$5.31 in Q3 2022, with the low at -$31.19 in Q1 2026.
  • Historically, Debt to Equity has averaged -$10.84 across 5 years, with a median of -$7.73 in 2024.
  • Annual changes were most pronounced in 2022 — Debt to Equity advanced 22.75% — and 2026, when it plunged 176.73%.
  • Mcdonalds' Debt to Equity stood at -$5.98 in 2022, then plunged by 39.76% to -$8.36 in 2023, then decreased by 21.06% to -$10.12 in 2024, then sank by 120.55% to -$22.32 in 2025, then plunged by 39.73% to -$31.19 in 2026.
  • The last three Debt to Equity figures came in at -$31.19 (Q1 2026), -$22.32 (Q4 2025), and -$19.09 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Starbucks 114.58 Bn 112.88 Bn 9.40 Bn -1.78
2 Chipotle Mexican Grill 42.15 Bn 41.28 Bn 2.61 Bn -
3 Yum Brands 42.13 Bn 41.44 Bn 1.38 Bn -1.64
4 Restaurant Brands International 25.46 Bn 25.99 Bn 2.14 Bn 2.51
5 Darden Restaurants 24.75 Bn 24.51 Bn 3.31 Bn 0.14
6 Yum China Holdings 15.17 Bn 13.74 Bn 3.24 Bn 0.00
7 Texas Roadhouse 11.72 Bn 11.53 Bn 1.40 Bn 0.03
8 Dominos Pizza 10.51 Bn 10.28 Bn 464.51 Mn -1.25
9 Cava 10.34 Bn 9.94 Bn 797.57 Mn -
10 Mcdonalds 198,669.08 -1.17 Bn 5.84 Bn -31.19

Historic Data

Download Data
DateValue
Mar 31, 2026 -31.19
Dec 31, 2025 -22.32
Sep 30, 2025 -19.09
Jun 30, 2025 -15.00
Mar 31, 2025 -11.27
Dec 31, 2024 -10.12
Sep 30, 2024 -7.65
Jun 30, 2024 -7.99
Mar 31, 2024 -7.73
Dec 31, 2023 -8.36
Sep 30, 2023 -7.68
Jun 30, 2023 -7.14
Mar 31, 2023 -6.43
Dec 31, 2022 -5.98
Sep 30, 2022 -5.31
Jun 30, 2022 -5.43
Mar 31, 2022 -5.67
Dec 31, 2021 -7.74
Sep 30, 2021 -6.19
Jun 30, 2021 -6.10