MCD (McDonald's) Debt-to-Asset : 0.91 (As of Mar. 2026)

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MCD McDonald's Corp MCD
72 GF Score
Price $275.04
GF Value $326.82
Valuation Modestly Undervalued
! 2 Warning Signs
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What is McDonald's Debt-to-Asset?

McDonald's MCD -0.44% 72 Debt-to-Asset is 0.91 as of Mar. 2026. GuruFocus rates MCD with a GF Score™ of 72/100 and a GF Value™ of $326.82 (Modestly Undervalued). The stock has 2 warning signs investors should review.

McDonald's's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $707 Mil. McDonald's's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $54,174 Mil. McDonald's's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2026 was $60,037 Mil. McDonald's's debt to asset for the quarter that ended in Mar. 2026 was 0.91.


McDonald's  (NYSE:MCD) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.


McDonald's Debt-to-Asset Related Terms


McDonald's Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for McDonald's's Debt-to-Asset 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.

McDonald's Debt-to-Asset Chart

McDonald's Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.92 0.97 0.95 0.94 0.92

McDonald's Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.94 0.92 0.92 0.91 0.00

MCD vs SBUX, YUM, CMG: Debt-to-Asset Comparison

For the Restaurants subindustry, McDonald's's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


McDonald's Debt-to-Asset vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, McDonald's's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where McDonald's's Debt-to-Asset falls into.


MCD
72GF Score
McDonald's Corp MCD
Debt-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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McDonald's Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

McDonald's's Debt-to-Asset for the fiscal year that ended in Dec. 2025 is calculated as

McDonald's's Debt-to-Asset for the quarter that ended in Mar. 2026 is calculated as

* 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.

Frequently Asked Questions Learn more about Debt-to-Asset →
What does a Debt-to-Asset of 0.91 mean?
McDonald's (MCD) has a Debt-to-Asset of 0.91 as of Mar. 2026. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on McDonald's and its competitors.
Is McDonald's' Debt-to-Asset too high?
McDonald's' current Debt-to-Asset is 0.91. Overall, McDonald's has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does McDonald's' Debt-to-Asset compare to SBUX and YUM?
McDonald's' Debt-to-Asset of 0.91 can be compared against companies in the Restaurants industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Asset for a Restaurants company?
A good Debt-to-Asset depends on the Restaurants industry context. However, Debt-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Asset mean?
A high Debt-to-Asset can signal that a stock is expensive relative to its fundamentals. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on McDonald's and its competitors. McDonald's's current Debt-to-Asset is 0.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is McDonald's stock overvalued right now?
Based on GuruFocus' analysis, McDonald's (MCD) is currently considered Modestly Undervalued. The stock's GF Value™ is $326.82, compared to a current price of $275.04 — trading 15.8% below its estimated fair value. The current Debt-to-Asset is 0.91. McDonald's' overall GF Score™ is 72/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Asset calculated?
Debt-to-Asset is calculated from a company's financial statements. For McDonald's (MCD), the current Debt-to-Asset is 0.91 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is McDonald's (MCD) Overvalued in 2026?

Based on GuruFocus' analysis, McDonald's stock appears to be undervalued. The current stock price of $275.04 is trading 15.8% below its estimated GF Value™ of $326.82. GuruFocus considers McDonald's to be Modestly Undervalued.

Key valuation signals for MCD:

  • Debt-to-Asset: 0.91
  • GF Value™: $326.82 vs. price of $275.04 (15.8% below fair value)
  • GF Score™: 72/100 with 2 warning signs

No single metric tells the full story. See the MCD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


McDonald's Business Description

Address 110 North Carpenter Street, Chicago, IL, USA, 60607
McDonald's is the world's largest restaurant brand, with nearly $139 billion in systemwide sales across more than 45,000 restaurants and over 100 markets. The quick-service chain built its early reputation on speed, consistency, and affordable hamburgers, and today its global menu spans burgers, chicken, breakfast, and beverages that have helped popularize American fast-food cuisine worldwide. The firm derives the bulk of its revenue from franchise royalties and rent (about 62%), with the remainder stemming from company-operated restaurants across three segments: the United States (39% of systemwide sales), international operated markets (35%), and international developmental/licensed markets (26%).
72GF Score

Get the complete analysis for MCD

Debt-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$275.04
Price
$326.82
GF Value