McDonald’s Corporation (MCD) — Cash Flow Reinvestment Rate

Latest as of March 2026: 0.28x

McDonald’s Corporation (MCD) has a Cash Flow Reinvestment Rate of 0.28x as of March 2026, reinvesting $682.00 Million (capex $682.00 Million ) from operating cash flow of $2.41 Billion. Check MCD cash flow quality index to evaluate the quality of earnings relative to operating cash generation.

Reinvestment Rate

0.28x
(Capex + Investments) / Operating CF

Total Reinvested

$682.00 Million
Capex + Investments

Operating Cash Flow

$2.41 Billion
USD

Capital Expenditures

$682.00 Million
USD

McDonald’s Corporation Cash Flow Reinvestment Rate (1989–2025)

Historical reinvestment intensity for McDonald’s Corporation across 37 annual periods. Explore how much of McDonald’s Corporation's assets are long-term investments to see how much of total assets are deployed in long-term investments.

Annual Cash Flow Reinvestment Rate for McDonald’s Corporation (1989–2025)

Year-by-year capital reinvestment analysis for McDonald’s Corporation. For live market cap and broader valuation context, see McDonald’s Corporation (MCD) market capitalisation.

Year Reinvestment Rate Total Reinvested (USD) Operating CF Capex YoY Change
2025 0.32x $3.37 Billion $10.55 Billion $3.37 Billion ▼ -62.9%
2024 0.86x $8.12 Billion $9.45 Billion $2.77 Billion ▲ +43.1%
2023 0.60x $5.77 Billion $9.61 Billion $2.36 Billion ▼ -3.1%
2022 0.62x $4.58 Billion $7.39 Billion $1.90 Billion ▲ +34.7%
2021 0.46x $4.21 Billion $9.14 Billion $2.04 Billion ▼ -9.5%
2020 0.51x $3.19 Billion $6.27 Billion $1.64 Billion ▼ -24.4%
2019 0.67x $5.46 Billion $8.12 Billion $2.39 Billion ▼ -9.8%
2018 0.75x $5.20 Billion $6.97 Billion $2.74 Billion ▲ +71.4%
2017 0.44x $2.42 Billion $5.55 Billion $1.85 Billion ▼ -5.9%
2016 0.46x $2.80 Billion $6.06 Billion $1.82 Billion ▲ +66.7%
2015 0.28x $1.81 Billion $6.54 Billion $1.81 Billion ▼ -27.7%
2014 0.38x $2.58 Billion $6.73 Billion $2.58 Billion ▼ -3.2%
2013 0.40x $2.82 Billion $7.12 Billion $2.82 Billion ▼ -9.4%
2012 0.44x $3.05 Billion $6.97 Billion $3.05 Billion ▲ +14.7%
2011 0.38x $2.73 Billion $7.15 Billion $2.73 Billion ▲ +13.4%
2010 0.34x $2.14 Billion $6.34 Billion $2.14 Billion ▼ -7.6%
2009 0.36x $2.10 Billion $5.75 Billion $1.95 Billion ▲ +1.0%
2008 0.36x $2.14 Billion $5.92 Billion $2.14 Billion ▼ -9.6%
2007 0.40x $1.95 Billion $4.88 Billion $1.95 Billion ▼ -0.5%
2006 0.40x $1.74 Billion $4.34 Billion $1.74 Billion ▲ +8.3%
2005 0.37x $1.61 Billion $4.34 Billion $1.61 Billion ▼ -7.8%
2004 0.40x $1.57 Billion $3.90 Billion $1.57 Billion ▼ -21.9%
2003 0.51x $1.68 Billion $3.27 Billion $1.68 Billion ▼ -41.7%
2002 0.88x $2.55 Billion $2.89 Billion $2.55 Billion ▲ +6.1%
2001 0.83x $2.24 Billion $2.69 Billion $2.24 Billion ▼ -3.4%
2000 0.86x $2.37 Billion $2.75 Billion $2.37 Billion ▲ +17.4%
1999 0.73x $2.21 Billion $3.01 Billion $2.21 Billion ▲ +1.6%
1998 0.72x $2.00 Billion $2.77 Billion $2.00 Billion ▼ -20.7%
1997 0.91x $2.22 Billion $2.44 Billion $2.22 Billion ▼ -10.8%
1996 1.02x $2.51 Billion $2.46 Billion $2.51 Billion ▲ +13.6%
1995 0.90x $2.06 Billion $2.30 Billion $2.06 Billion ▲ +12.5%
1994 0.80x $1.54 Billion $1.93 Billion $1.54 Billion ▲ +1.9%
1993 0.78x $1.32 Billion $1.68 Billion $1.32 Billion ▼ -2.9%
1992 0.81x $1.15 Billion $1.43 Billion $1.15 Billion ▲ +1.8%
1991 0.79x $1.13 Billion $1.42 Billion $1.13 Billion ▼ -34.3%
1990 1.21x $1.57 Billion $1.30 Billion $1.57 Billion ▼ -3.3%
1989 1.25x $1.55 Billion $1.25 Billion $1.55 Billion
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow