McDonald's (XSGO:MCD) Deferred Tax : $-686 Mil (TTM As of Dec. 2023)

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What is McDonald's Deferred Tax?

Change In Deferred Tax represents future tax liability or asset, resulting from temporary differences between book (accounting) value of assets and liabilities, and their tax value. This arises due to differences between financial accounting for shareholders and tax accounting.

McDonald's's change in deferred tax for the three months ended in Dec. 2023 was $-272 Mil. Its change in deferred tax for the trailing twelve months (TTM) ended in Dec. 2023 was $-686 Mil.

McDonald's Deferred Tax Historical Data

The historical data trend for McDonald's's Deferred Tax can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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McDonald's Deferred Tax Chart

McDonald's Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Deferred Tax

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149.70

6.40

-428.30

-345.70

-686.40

McDonald's Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Deferred Tax	Get a 7-Day Free Trial															-86.10	-152.50	-176.20	-271.60	-

McDonald's Deferred Tax Calculation

Deferred Tax for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-686 Mil.

McDonald's Deferred Tax Related Terms

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McDonald's (XSGO:MCD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » McDonald's Corp (XSGO:MCD) » Definitions » Deferred Tax

Comparable Companies

Traded in Other Exchanges

MCD:USA MCD:Mexico 1MCD:Italy MDOd:UK 0R16:UK MDO:Germany MCDS:Canada MCDC34:Brazil MCD:Austria MCD:Argentina

Address

110 North Carpenter Street, Chicago, IL, USA, 60607

Website

https://www.investor.mcdonalds.com

McDonald's is the largest restaurant owner-operator in the world, with 2022 system sales of $116 billion across more than 40,000 stores and 115 markets. McDonald's pioneered the franchise model, building its footprint through partnerships with independent restaurant franchisees and master franchise partners around the globe. The firm earns roughly 60% of its revenue from franchise royalty fees and lease payments, with most of the remainder coming from company-operated stores across its three core segments: the United States, internationally operated markets, and international developmental/licensed markets.