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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.
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.
McDonald's Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Total Assets | Get a 7-Day Free Trial | 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 | 52,089.30 | 56,146.80 | 53,513.00 | 53,801.00 | 56,172.00 |
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.
Thank you for viewing the detailed overview of McDonald's's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
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 |
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