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10-K

Annual Report

McDONALD’S CORPORATION MCD

0000063908-26-000035

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Filed
Feb 24, 2026 12:00 AM ET
Period of report
Restated figures. One or more values in this filing restate previously reported amounts.

On SEC.gov

Financials in this filing

Metric Period Value
Shares Outstanding FY 2025 · Jan 31, 2026 710.4M sh
Shares Diluted FY 2025 · Dec 31, 2025 716.4 sh
Shares Diluted FY 2025 · Dec 31, 2024 721.9 sh
Shares Diluted FY 2025 · Dec 31, 2023 732.3 sh
Stock Repurchased FY 2025 · Dec 31, 2025 $2.06B
Stock Repurchased FY 2025 · Dec 31, 2024 $2.82B
Stock Repurchased restated FY 2025 · Dec 31, 2023 $3.05B
Dividends Paid FY 2025 · Dec 31, 2025 $5.12B
Dividends Paid FY 2025 · Dec 31, 2024 $4.87B
Dividends Paid restated FY 2025 · Dec 31, 2023 $4.53B
Capex FY 2025 · Dec 31, 2025 $3.37B
Capex FY 2025 · Dec 31, 2024 $2.78B
Capex restated FY 2025 · Dec 31, 2023 $2.36B
Operating Cash Flow FY 2025 · Dec 31, 2025 $10.55B
Operating Cash Flow FY 2025 · Dec 31, 2024 $9.45B
Operating Cash Flow restated FY 2025 · Dec 31, 2023 $9.61B
Long Term Debt FY 2025 · Dec 31, 2025 $39.97B
Long Term Debt FY 2025 · Dec 31, 2024 $38.42B
Cash And Equivalents FY 2025 · Dec 31, 2025 $774M
Cash And Equivalents FY 2025 · Dec 31, 2024 $1.09B
Stockholders Equity FY 2025 · Dec 31, 2025 −$1.79B
Stockholders Equity FY 2025 · Dec 31, 2024 −$3.8B
Stockholders Equity restated FY 2025 · Dec 31, 2023 −$4.71B
Stockholders Equity restated FY 2025 · Dec 31, 2022 −$6B
Current Liabilities FY 2025 · Dec 31, 2025 $4.36B
Current Liabilities FY 2025 · Dec 31, 2024 $3.86B
Current Assets FY 2025 · Dec 31, 2025 $4.16B
Current Assets FY 2025 · Dec 31, 2024 $4.6B
Total Assets FY 2025 · Dec 31, 2025 $59.52B
Total Assets FY 2025 · Dec 31, 2024 $55.18B
Total Assets restated FY 2025 · Dec 31, 2023 $56.15B
Eps Diluted FY 2025 · Dec 31, 2025 $11.95
Eps Diluted FY 2025 · Dec 31, 2024 $11.39
Eps Diluted FY 2025 · Dec 31, 2023 $11.56
Eps Basic FY 2025 · Dec 31, 2025 $12.00
Eps Basic FY 2025 · Dec 31, 2024 $11.45
Eps Basic FY 2025 · Dec 31, 2023 $11.63
Sga Expense FY 2025 · Dec 31, 2025 $3.04B
Sga Expense FY 2025 · Dec 31, 2024 $2.86B
Sga Expense FY 2025 · Dec 31, 2023 $2.82B
Net Income FY 2025 · Dec 31, 2025 $8.56B
Net Income FY 2025 · Dec 31, 2024 $8.22B
Net Income restated FY 2025 · Dec 31, 2023 $8.47B
Operating Income FY 2025 · Dec 31, 2025 $12.39B
Operating Income FY 2025 · Dec 31, 2024 $11.71B
Operating Income restated FY 2025 · Dec 31, 2023 $11.65B
Revenue FY 2025 · Dec 31, 2025 $26.89B
Revenue FY 2025 · Dec 31, 2024 $25.92B
Revenue restated FY 2025 · Dec 31, 2023 $25.49B