McDonald's (XSGO:MCD) Total Tax Payable : $973 Mil (As of Dec. 2023)

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What is McDonald's Total Tax Payable?

McDonald's's Total Tax Payable for the quarter that ended in Dec. 2023 was $973 Mil.

McDonald's's quarterly Total Tax Payable increased from Jun. 2023 ($630 Mil) to Sep. 2023 ($778 Mil) and increased from Sep. 2023 ($778 Mil) to Dec. 2023 ($973 Mil).

McDonald's's annual Total Tax Payable declined from Dec. 2021 ($597 Mil) to Dec. 2022 ($530 Mil) but then increased from Dec. 2022 ($530 Mil) to Dec. 2023 ($973 Mil).

McDonald's Total Tax Payable Historical Data

The historical data trend for McDonald's's Total Tax Payable 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 Total Tax Payable Chart

McDonald's Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Tax Payable

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579.20

968.10

597.40

530.00

973.10

McDonald's Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Tax Payable	Get a 7-Day Free Trial															1,068.80	630.40	777.50	973.10	-

McDonald's Total Tax Payable Calculation

Total Tax Payable is the taxes liability owed to federal, state, and local tax authorities. It is the carrying value as of the balance sheet date of obligations incurred and payable for statutory income, sales, use, payroll, excise, real, property and other taxes.

McDonald's Total Tax Payable 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 » Total Tax Payable

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.