McDonald’s Corporation (MCD) — Cash Flow-to-Debt Ratio
McDonald’s Corporation (MCD) has a Cash Flow-to-Debt Ratio of 0.04x as of March 2026, meaning its operating cash flow of $2.41 Billion could theoretically repay 0% of its total liabilities ($61.32 Billion) in one year. Explore McDonald’s Corporation (MCD) long-term investment share to see how much of total assets are deployed in long-term investments.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
McDonald’s Corporation Cash Flow-to-Debt Ratio (1989–2025)
Historical debt coverage capacity for McDonald’s Corporation across 37 annual periods. Also explore McDonald’s Corporation balance sheet assets for the complete picture of this company's asset base.
Annual Cash Flow-to-Debt Ratio for McDonald’s Corporation (1989–2025)
Year-by-year debt coverage analysis for McDonald’s Corporation. For market capitalisation and broader financial context, see how much is McDonald’s Corporation worth.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.17x | $10.55 Billion | $61.30 Billion | ▲ +7.4% |
| 2024 | 0.16x | $9.45 Billion | $58.98 Billion | ▲ +1.4% |
| 2023 | 0.16x | $9.61 Billion | $60.85 Billion | ▲ +20.7% |
| 2022 | 0.13x | $7.39 Billion | $56.44 Billion | ▼ -16.3% |
| 2021 | 0.16x | $9.14 Billion | $58.46 Billion | ▲ +50.9% |
| 2020 | 0.10x | $6.27 Billion | $60.45 Billion | ▼ -28.9% |
| 2019 | 0.15x | $8.12 Billion | $55.72 Billion | ▼ -18.3% |
| 2018 | 0.18x | $6.97 Billion | $39.07 Billion | ▲ +19.1% |
| 2017 | 0.15x | $5.55 Billion | $37.07 Billion | ▼ -17.9% |
| 2016 | 0.18x | $6.06 Billion | $33.23 Billion | ▼ -14.0% |
| 2015 | 0.21x | $6.54 Billion | $30.85 Billion | ▼ -32.5% |
| 2014 | 0.31x | $6.73 Billion | $21.43 Billion | ▼ -9.1% |
| 2013 | 0.35x | $7.12 Billion | $20.62 Billion | ▼ -0.4% |
| 2012 | 0.35x | $6.97 Billion | $20.09 Billion | ▼ -9.8% |
| 2011 | 0.38x | $7.15 Billion | $18.60 Billion | ▲ +5.1% |
| 2010 | 0.37x | $6.34 Billion | $17.34 Billion | ▲ +3.0% |
| 2009 | 0.36x | $5.75 Billion | $16.19 Billion | ▼ -9.5% |
| 2008 | 0.39x | $5.92 Billion | $15.08 Billion | ▲ +13.6% |
| 2007 | 0.35x | $4.88 Billion | $14.11 Billion | ▲ +7.6% |
| 2006 | 0.32x | $4.34 Billion | $13.52 Billion | ▲ +9.9% |
| 2005 | 0.29x | $4.34 Billion | $14.84 Billion | ▲ +2.1% |
| 2004 | 0.29x | $3.90 Billion | $13.64 Billion | ▲ +21.3% |
| 2003 | 0.24x | $3.27 Billion | $13.86 Billion | ▲ +11.7% |
| 2002 | 0.21x | $2.89 Billion | $13.69 Billion | ▲ +2.5% |
| 2001 | 0.21x | $2.69 Billion | $13.05 Billion | ▼ -6.5% |
| 2000 | 0.22x | $2.75 Billion | $12.48 Billion | ▼ -16.9% |
| 1999 | 0.27x | $3.01 Billion | $11.34 Billion | ▼ -1.1% |
| 1998 | 0.27x | $2.77 Billion | $10.32 Billion | ▲ +3.1% |
| 1997 | 0.26x | $2.44 Billion | $9.39 Billion | ▼ -8.4% |
| 1996 | 0.28x | $2.46 Billion | $8.67 Billion | ▼ -14.8% |
| 1995 | 0.33x | $2.30 Billion | $6.89 Billion | ▲ +8.7% |
| 1994 | 0.31x | $1.93 Billion | $6.28 Billion | ▼ -1.0% |
| 1993 | 0.31x | $1.68 Billion | $5.43 Billion | ▲ +25.7% |
| 1992 | 0.25x | $1.43 Billion | $5.79 Billion | ▲ +12.7% |
| 1991 | 0.22x | $1.42 Billion | $6.51 Billion | ▲ +8.9% |
| 1990 | 0.20x | $1.30 Billion | $6.49 Billion | ▼ -9.4% |
| 1989 | 0.22x | $1.25 Billion | $5.62 Billion | — |