Mcdonalds (MCD) Operating Leases (2019 - 2026)

Mcdonalds (MCD) reported Operating Leases of $14.1 billion for Q1 2026, up 6.79% on a YoY basis from $13.2 billion in Q1 2025, and down 0.55% quarter-over-quarter from $14.1 billion in Q4 2025.

Mcdonalds (MCD) Operating Leases (2019 - 2026) Analysis & Trends

Mcdonalds has reported Operating Leases for 8 years, with the latest figure at $14.1 billion in Q1 2026.

  • For the quarter ending Q1 2026, Operating Leases rose 6.79% year-over-year to $14.1 billion; the trailing twelve-month figure through Mar 2026 stood at $14.1 billion (up 6.79% YoY), and the FY2025 full-year result was $14.1 billion, up 9.77% from the prior year.
  • Operating Leases for Q1 2026 stood at $14.1 billion, down from $14.1 billion in the prior quarter.
  • The five-year high for Operating Leases was $14.1 billion in Q4 2025, with the low at $11.8 billion in Q3 2022.
  • Historically, Operating Leases has averaged $12.9 billion across 5 years, with a median of $12.9 billion in 2022.
  • Annual changes were most pronounced in 2022 — Operating Leases fell 9.39% — and 2024, when it grew 11.43%.
  • Mcdonalds' Operating Leases stood at $12.1 billion in 2022, then increased by 7.61% to $13.1 billion in 2023, then fell by 1.3% to $12.9 billion in 2024, then grew by 9.77% to $14.1 billion in 2025, then fell by 0.55% to $14.1 billion in 2026.
  • The last three Operating Leases figures came in at $14.1 billion (Q1 2026), $14.1 billion (Q4 2025), and $13.8 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Starbucks 114.58 Bn 112.88 Bn 9.40 Bn
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
4 Restaurant Brands International 25.46 Bn 25.99 Bn 2.14 Bn
5 Darden Restaurants 24.75 Bn 24.51 Bn 3.31 Bn
6 Yum China Holdings 15.17 Bn 13.74 Bn 3.24 Bn
7 Texas Roadhouse 11.72 Bn 11.53 Bn 1.40 Bn
8 Dominos Pizza 10.51 Bn 10.28 Bn 464.51 Mn
9 Cava 10.34 Bn 9.94 Bn 797.57 Mn
10 Mcdonalds 198,669.08 -1.17 Bn 5.84 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 14.07 Bn
Dec 31, 2025 14.15 Bn
Sep 30, 2025 13.84 Bn
Jun 30, 2025 13.78 Bn
Mar 31, 2025 13.18 Bn
Dec 31, 2024 12.89 Bn
Sep 30, 2024 13.16 Bn
Jun 30, 2024 12.82 Bn
Mar 31, 2024 12.83 Bn
Dec 31, 2023 13.06 Bn
Sep 30, 2023 11.81 Bn
Jun 30, 2023 12.07 Bn
Mar 31, 2023 12.12 Bn
Dec 31, 2022 12.13 Bn
Sep 30, 2022 11.77 Bn
Jun 30, 2022 12.32 Bn
Mar 31, 2022 12.87 Bn
Dec 31, 2021 13.02 Bn
Sep 30, 2021 12.99 Bn
Jun 30, 2021 13.12 Bn