McDonald's Corporation balance sheet
At the end of its fiscal year on Dec 31, 2025, McDonald's Corporation reported total assets of $59.52B and shareholders' equity of −$1.79B. That works out to a current ratio of 0.95 (current assets ÷ current liabilities). Equity is negative, which typically reflects accumulated buybacks or losses exceeding contributed capital; see the filing for details.
Balance sheet at each fiscal year end
| Fiscal year ended | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $31.02B | $33.80B | $32.81B | $47.51B | $52.63B | $53.85B | $50.44B | $56.15B | $55.18B | $59.52B |
| Current assets | $4.85B | $5.33B | $4.05B | $3.56B | $6.24B | $7.15B | $5.42B | $7.99B | $4.60B | $4.16B |
| Cash & equivalents | $1.22B | $2.46B | $866.00M | $898.50M | $3.45B | $4.71B | $2.58B | $4.58B | $1.08B | $774.00M |
| Current liabilities | $3.47B | $2.89B | $2.97B | $3.62B | $6.18B | $4.02B | $3.80B | $6.86B | $3.86B | $4.36B |
| Long-term debt | $25.88B | $29.54B | $31.08B | $34.12B | $35.20B | $35.62B | $35.90B | $37.15B | $38.42B | $39.97B |
| Shareholders' equity | −$2.20B | −$3.27B | −$6.26B | −$8.21B | −$7.82B | −$4.60B | −$6.00B | −$4.71B | −$3.80B | −$1.79B |
| Reported in | 10-K 2019 | 10-K 2020 | 10-K 2021 | 10-K 2022 | 10-K 2023 | 10-K 2024 | 10-K 2025 | 10-K 2026 | 10-K 2026 | 10-K 2026 |
Balance-sheet figures are point-in-time values on the last day of each fiscal year. Some companies (for example banks and insurers) do not present current assets and liabilities; those cells show —.
Source: SEC EDGAR XBRL company facts for CIK 63908 (raw data). Most recent filing in this dataset: 10-Q filed Aug 7, 2026. SEC data file dated Nov 3, 2026; page built Nov 5, 2026. Figures are as most recently reported, including restatements. How we select figures.