Mcdonalds annual capital expenditures (capex)
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Mcdonalds Capital Expenditures (CapEx) Growth & History (MCD)
Mcdonalds's capital expenditures (capex) was $3.37B for fiscal 2025.
View full Mcdonalds company overviewMcdonalds annual capital expenditures (capex) history
| Fiscal year | Period ended | Capital expenditures (CapEx) | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $3.37B | $590.0M | +21.26% |
| 2024 | 2024-12-31 | $2.77B | $418.0M | +17.73% |
| 2023 | 2023-12-31 | $2.36B | $458.0M | +24.12% |
| 2022 | 2022-12-31 | $1.90B | −$141.0M | −6.91% |
| 2021 | 2021-12-31 | $2.04B | $399.2M | +24.33% |
| 2020 | 2020-12-31 | $1.64B | −$752.9M | −31.45% |
| 2019 | 2019-12-31 | $2.39B | −$348.0M | −12.69% |
| 2018 | 2018-12-31 | $2.74B | $888.0M | +47.90% |
| 2017 | 2017-12-31 | $1.85B | $32.6M | +1.79% |
| 2016 | 2016-12-31 | $1.82B | $7.2M | +0.40% |
| 2015 | 2015-12-31 | $1.81B | −$769.5M | −29.79% |
| 2014 | 2014-12-31 | $2.58B | −$241.3M | −8.54% |
| 2013 | 2013-12-31 | $2.82B | −$224.5M | −7.36% |
| 2012 | 2012-12-31 | $3.05B | $319.4M | +11.70% |
| 2011 | 2011-12-31 | $2.73B | $594.3M | +27.83% |
| 2010 | 2010-12-31 | $2.14B | $183.4M | +9.40% |
| 2009 | 2009-12-31 | $1.95B | −$183.6M | −8.60% |
| 2008 | 2008-12-31 | $2.14B | $189.1M | +9.71% |
| 2007 | 2007-12-31 | $1.95B | — | — |
Mcdonalds quarterly capital expenditures (capex)
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| Fiscal quarter | Period ended | Capital expenditures (CapEx) | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $831.0M | $87.0M | +11.69% |
| Q1 2026 | 2026-03-31 | $682.0M | $131.0M | +23.77% |
| Q4 2025 | 2025-12-31 | $1.06B | $253.0M | +31.39% |
| Q3 2025 | 2025-09-30 | $1.01B | $217.0M | +27.33% |
| Q2 2025 | 2025-06-30 | $744.0M | $116.0M | +18.47% |
| Q1 2025 | 2025-03-31 | $551.0M | $4.0M | +0.73% |
| Q4 2024 | 2024-12-31 | $806.0M | $48.0M | +6.33% |
| Q3 2024 | 2024-09-30 | $794.0M | $224.0M | +39.30% |
| Q2 2024 | 2024-06-30 | $628.0M | $102.0M | +19.39% |
| Q1 2024 | 2024-03-31 | $547.0M | $44.0M | +8.75% |
| Q4 2023 | 2023-12-31 | $758.0M | $229.3M | +43.37% |
| Q3 2023 | 2023-09-30 | $570.0M | $38.8M | +7.30% |
| Q2 2023 | 2023-06-30 | $526.0M | $88.1M | +20.12% |
| Q1 2023 | 2023-03-31 | $503.0M | $101.8M | +25.37% |
| Q4 2022 | 2022-12-31 | $528.7M | −$158.5M | −23.06% |
| Q3 2022 | 2022-09-30 | $531.2M | $29.7M | +5.92% |
| Q2 2022 | 2022-06-30 | $437.9M | −$44.7M | −9.26% |
| Q1 2022 | 2022-03-31 | $401.2M | $32.5M | +8.81% |
| Q4 2021 | 2021-12-31 | $687.2M | $224.1M | +48.39% |
| Q3 2021 | 2021-09-30 | $501.5M | $111.3M | +28.52% |
| Q2 2021 | 2021-06-30 | $482.6M | $177.6M | +58.23% |
| Q1 2021 | 2021-03-31 | $368.7M | −$113.8M | −23.59% |
| Q4 2020 | 2020-12-31 | $463.1M | −$268.8M | −36.73% |
| Q3 2020 | 2020-09-30 | $390.2M | −$158.5M | −28.89% |
| Q2 2020 | 2020-06-30 | $305.0M | −$292.8M | −48.98% |
| Q1 2020 | 2020-03-31 | $482.5M | −$32.8M | −6.37% |
| Q4 2019 | 2019-12-31 | $731.9M | −$141.9M | −16.24% |
| Q3 2019 | 2019-09-30 | $548.7M | −$155.1M | −22.04% |
| Q2 2019 | 2019-06-30 | $597.8M | −$13.5M | −2.21% |
| Q1 2019 | 2019-03-31 | $515.3M | −$37.5M | −6.78% |
| Q4 2018 | 2018-12-31 | $873.8M | $233.4M | +36.45% |
| Q3 2018 | 2018-09-30 | $703.8M | $286.9M | +68.82% |
| Q2 2018 | 2018-06-30 | $611.3M | $242.6M | +65.80% |
| Q1 2018 | 2018-03-31 | $552.8M | $125.1M | +29.25% |
| Q4 2017 | 2017-12-31 | $640.4M | −$31.1M | −4.63% |
| Q3 2017 | 2017-09-30 | $416.9M | $11.6M | +2.86% |
| Q2 2017 | 2017-06-30 | $368.7M | $16.2M | +4.60% |
| Q1 2017 | 2017-03-31 | $427.7M | $35.9M | +9.16% |
| Q4 2016 | 2016-12-31 | $671.5M | $78.8M | +13.30% |
| Q3 2016 | 2016-09-30 | $405.3M | −$7.4M | −1.79% |
| Q2 2016 | 2016-06-30 | $352.5M | −$63.4M | −15.24% |
| Q1 2016 | 2016-03-31 | $391.8M | −$800,000 | −0.20% |
| Q4 2015 | 2015-12-31 | $592.7M | −$173.4M | −22.63% |
| Q3 2015 | 2015-09-30 | $412.7M | −$246.2M | −37.37% |
| Q2 2015 | 2015-06-30 | $415.9M | −$173.7M | −29.46% |
| Q1 2015 | 2015-03-31 | $392.6M | −$176.2M | −30.98% |
| Q4 2014 | 2014-12-31 | $766.1M | −$137.9M | −15.25% |
| Q3 2014 | 2014-09-30 | $658.9M | −$28.2M | −4.10% |
| Q2 2014 | 2014-06-30 | $589.6M | −$9.8M | −1.63% |
| Q1 2014 | 2014-03-31 | $568.8M | −$65.4M | −10.31% |
| Q4 2013 | 2013-12-31 | $904.0M | −$91.6M | −9.20% |
| Q3 2013 | 2013-09-30 | $687.1M | −$66.1M | −8.78% |
| Q2 2013 | 2013-06-30 | $599.4M | −$112.6M | −15.81% |
| Q1 2013 | 2013-03-31 | $634.2M | $45.8M | +7.78% |
| Q4 2012 | 2012-12-31 | $995.6M | $57.2M | +6.10% |
| Q3 2012 | 2012-09-30 | $753.2M | $60.9M | +8.80% |
| Q2 2012 | 2012-06-30 | $712.0M | $121.6M | +20.60% |
| Q1 2012 | 2012-03-31 | $588.4M | $79.7M | +15.67% |
| Q4 2011 | 2011-12-31 | $938.4M | $122.3M | +14.99% |
| Q3 2011 | 2011-09-30 | $692.3M | $169.2M | +32.35% |
| Q2 2011 | 2011-06-30 | $590.4M | $195.9M | +49.66% |
| Q1 2011 | 2011-03-31 | $508.7M | $106.9M | +26.61% |
| Q4 2010 | 2010-12-31 | $816.1M | $182.9M | +28.89% |
| Q3 2010 | 2010-09-30 | $523.1M | $52.3M | +11.11% |
| Q2 2010 | 2010-06-30 | $394.5M | −$39.9M | −9.19% |
| Q1 2010 | 2010-03-31 | $401.8M | −$11.9M | −2.88% |
| Q4 2009 | 2009-12-31 | $633.2M | — | — |
| Q3 2009 | 2009-09-30 | $470.8M | −$64.1M | −11.98% |
| Q2 2009 | 2009-06-30 | $434.4M | −$47.6M | −9.88% |
| Q1 2009 | 2009-03-31 | $413.7M | — | — |
| Q3 2008 | 2008-09-30 | $534.9M | — | — |
| Q2 2008 | 2008-06-30 | $482.0M | — | — |
Mcdonalds capital expenditures (capex) trends
Over the last five fiscal years, Mcdonalds's capital expenditures (capex) increased from $1.64B to $3.37B, a change of $1.72B. The latest reported quarter, Q2 2026, shows $831.0M.
About the metric
What capital expenditures (CapEx) mean
Capital expenditures, commonly called CapEx, are cash investments in long-lived assets such as property, plants, equipment, infrastructure, and productive software. CapEx can support future growth or maintain existing operations, but it reduces current-period free cash flow.
Calculation and source
SEC-reported capital expenditures
TickerStat standardizes cash payments for property, plant, equipment, and other productive assets reported in company SEC filings. When a filer reports separate qualifying CapEx components instead of a total, those components are combined for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Mcdonalds source filings ↗