McDonald’s Corporation Capital Reinvestment Ratio
McDonald’s Corporation capital reinvestment ratio. McDonald’s Corporation (MCD) has a Capital Reinvestment Ratio of 0.28x as of March 2026, meaning it reinvests 0% of its operating cash flow ($2.41 Billion) in capital expenditures ($682.00 Million). Check cash flow reinvestment rate of McDonald’s Corporation to assess the company's total reinvestment commitment from operating cash flow.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Capital Reinvestment Ratio of McDonald’s Corporation (1989–2025)
Capital reinvestment ratio of McDonald’s Corporation from 1989 to 2025. This chart tracks McDonald’s Corporation's Capital Reinvestment Ratio across 37 annual periods. Also explore MCD net assets growth trend to track the company's year-over-year net asset growth rate.
McDonald’s Corporation Capital Reinvestment Ratio by Year (1989–2025)
McDonald’s Corporation capital reinvestment ratio by year from 1989 to 2025. For the full cash flow conversion analysis, see McDonald’s Corporation cash flow conversion.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.32x | $10.55 Billion | $3.37 Billion | ▲ +8.6% |
| 2024 | 0.29x | $9.45 Billion | $2.77 Billion | ▲ +19.8% |
| 2023 | 0.25x | $9.61 Billion | $2.36 Billion | ▼ -4.6% |
| 2022 | 0.26x | $7.39 Billion | $1.90 Billion | ▲ +15.2% |
| 2021 | 0.22x | $9.14 Billion | $2.04 Billion | ▼ -14.8% |
| 2020 | 0.26x | $6.27 Billion | $1.64 Billion | ▼ -11.1% |
| 2019 | 0.29x | $8.12 Billion | $2.39 Billion | ▼ -25.1% |
| 2018 | 0.39x | $6.97 Billion | $2.74 Billion | ▲ +17.9% |
| 2017 | 0.33x | $5.55 Billion | $1.85 Billion | ▲ +11.1% |
| 2016 | 0.30x | $6.06 Billion | $1.82 Billion | ▲ +8.3% |
| 2015 | 0.28x | $6.54 Billion | $1.81 Billion | ▼ -27.7% |
| 2014 | 0.38x | $6.73 Billion | $2.58 Billion | ▼ -3.2% |
| 2013 | 0.40x | $7.12 Billion | $2.82 Billion | ▼ -9.4% |
| 2012 | 0.44x | $6.97 Billion | $3.05 Billion | ▲ +14.7% |
| 2011 | 0.38x | $7.15 Billion | $2.73 Billion | ▲ +13.4% |
| 2010 | 0.34x | $6.34 Billion | $2.14 Billion | ▼ -0.8% |
| 2009 | 0.34x | $5.75 Billion | $1.95 Billion | ▼ -6.0% |
| 2008 | 0.36x | $5.92 Billion | $2.14 Billion | ▼ -9.6% |
| 2007 | 0.40x | $4.88 Billion | $1.95 Billion | ▼ -0.5% |
| 2006 | 0.40x | $4.34 Billion | $1.74 Billion | ▲ +8.3% |
| 2005 | 0.37x | $4.34 Billion | $1.61 Billion | ▼ -7.8% |
| 2004 | 0.40x | $3.90 Billion | $1.57 Billion | ▼ -21.9% |
| 2003 | 0.51x | $3.27 Billion | $1.68 Billion | ▼ -41.7% |
| 2002 | 0.88x | $2.89 Billion | $2.55 Billion | ▲ +6.1% |
| 2001 | 0.83x | $2.69 Billion | $2.24 Billion | ▼ -3.4% |
| 2000 | 0.86x | $2.75 Billion | $2.37 Billion | ▲ +17.4% |
| 1999 | 0.73x | $3.01 Billion | $2.21 Billion | ▲ +1.6% |
| 1998 | 0.72x | $2.77 Billion | $2.00 Billion | ▼ -20.7% |
| 1997 | 0.91x | $2.44 Billion | $2.22 Billion | ▼ -10.8% |
| 1996 | 1.02x | $2.46 Billion | $2.51 Billion | ▲ +13.6% |
| 1995 | 0.90x | $2.30 Billion | $2.06 Billion | ▲ +12.5% |
| 1994 | 0.80x | $1.93 Billion | $1.54 Billion | ▲ +1.9% |
| 1993 | 0.78x | $1.68 Billion | $1.32 Billion | ▼ -2.9% |
| 1992 | 0.81x | $1.43 Billion | $1.15 Billion | ▲ +1.8% |
| 1991 | 0.79x | $1.42 Billion | $1.13 Billion | ▼ -34.3% |
| 1990 | 1.21x | $1.30 Billion | $1.57 Billion | ▼ -3.3% |
| 1989 | 1.25x | $1.25 Billion | $1.55 Billion | — |