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MCD (McDonald's) Total Assets : $56,172 Mil (As of Sep. 2024)


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What is McDonald's Total Assets?

McDonald's's Total Assets for the quarter that ended in Sep. 2024 was $56,172 Mil.

Warning Sign:

If a company builds assets at 7.3% a year, faster than its revenue growth rate of 5.2% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, McDonald's's average Total Assets Growth Rate was 13.10% per year. During the past 3 years, the average Total Assets Growth Rate was 1.60% per year. During the past 5 years, the average Total Assets Growth Rate was 7.30% per year. During the past 10 years, the average Total Assets Growth Rate was 6.10% per year.

During the past 13 years, McDonald's's highest 3-Year average Total Assets Growth Rate was 17.80%. The lowest was -4.10%. And the median was 5.10%.

Total Assets is connected with ROA %. McDonald's's annualized ROA % for the quarter that ended in Sep. 2024 was 16.40%. Total Assets is also linked to Revenue through Asset Turnover. McDonald's's Asset Turnover for the quarter that ended in Sep. 2024 was 0.13.


McDonald's Total Assets Historical Data

The historical data trend for McDonald's's Total Assets 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.

* Premium members only.

McDonald's Total Assets Chart

McDonald's Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 47,510.80 52,626.80 53,854.30 50,435.60 56,146.80

McDonald's Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Total Assets 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 52,089.30 56,146.80 53,513.00 53,801.00 56,172.00

McDonald's Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

McDonald's's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (A: Dec. 2023 )+Total Liabilities (A: Dec. 2023 )
=-4706.7+60853.5
=56,147

McDonald's's Total Assets for the quarter that ended in Sep. 2024 is calculated as

Total Assets=Total Equity (Q: Sep. 2024 )+Total Liabilities (Q: Sep. 2024 )
=-5177+61349
=56,172

* 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  (NYSE:MCD) Total Assets Explanation

Total Assets is connected with ROA %.

McDonald's's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %=Net Income (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=9020/( (53801+56172)/ 2 )
=9020/54986.5
=16.40 %

Note: The Net Income data used here is four times the quarterly (Sep. 2024) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

McDonald's's Asset Turnover for the quarter that ended in Sep. 2024 is

Asset Turnover
=Revenue (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=6874/( (53801+56172)/ 2 )
=6874/54986.5
=0.13

* 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.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

McDonald's Total Assets Related Terms

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McDonald's Business Description

Address
110 North Carpenter Street, Chicago, IL, USA, 60607
McDonald's is the largest restaurant owner-operator in the world, with 2023 system sales of $130 billion across nearly than 42,000 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.
Executives
Joseph M. Erlinger officer: President, McDonald's USA MCDONALD'S CORPORATION, 110 NORTH CARPENTER STREET, CHICAGO IL 60607
Marion K. Gross officer: EVP-Chief Supply Chain Officer MCDONALD'S CORPORATION, 110 NORTH CARPENTER STREET, CHICAGO IL 60607
Edith Morgan Flatley officer: EVP - Global CMO MCDONALD'S CORPORATION, 110 NORTH CARPENTER STREET, CHICAGO IL 60607
Christopher J Kempczinski director, officer: President and CEO THREE LAKES DRIVE, NORTHFIELD IL 60093
Ian Frederick Borden officer: EVP & CFO MCDONALD'S CORPORATION, 110 NORTH CARPENTER STREET, CHICAGO IL 60607
Jonathan Banner officer: EVP - Chief Impact Officer MCDONALD'S CORPORATION, 110 NORTH CARPENTER STREET, CHICAGO IL 60607
Catherine A. Hoovel officer: SVP - Corporate Controller MCDONALD'S CORPORATION, 110 NORTH CARPENTER STREET, CHICAGO IL 60607
Heidi B Capozzi officer: EVP - Chief People Officer C/O THE BOEING COMPANY, 100 RIVERSIDE PLAZA, CHICAGO IL 60606-1596
Brian S Rice officer: EVP-Global Chief Info. Officer 7000 CARDINAL PLACE, DUBLIN OH 43017
Enrique Jr Hernandez director, other: Non-Exec Chairman of the Board INTER-CON SECURITY SYSTEMS, INC., 210 SOUTH DELACEY AVENUE, PASADENA CA 91105
Desiree Ralls-morrison officer: EVP, Chief Legal Off. and Sec. C/O BOSTON SCIENTIFIC CORPORATION, 300 BOSTON SCIENTIFIC WAY, MARLBOROUGH MA 01752
Manuel Jm Steijaert officer: EVP - Chief Customer Officer 110 NORTH CARPENTER STREET, CHICAGO IL 60607
Jo Sempels officer: President, IDL MCDONALD'S CORPORATION, 110 NORTH CARPENTER STREET, CHICAGO IL 60607
Catherine M. Engelbert director 110 NORTH CARPENTER STREET, CHICAGO IL 60607
Rogers John W Jr director ARIEL CAPITAL MANAGEMENT, INC., 200 EAST RANDOLPH DRIVE, SUITE 2900, CHICAGO IL 60601