McDonald’s Corporation (MCD)

Debt-to-equity ratio

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Long-term debt	US$ in thousands	38,424,000	37,153,000	35,903,500	35,622,700	35,196,800
Total stockholders’ equity	US$ in thousands	-3,797,000	-4,707,000	-6,003,000	-4,601,000	-7,824,900
Debt-to-equity ratio		—	—	—	—	—

December 31, 2024 calculation

Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $38,424,000K ÷ $-3,797,000K
= —

Based on the provided data, McDonald’s Corporation did not report any specific figures for the debt-to-equity ratio for the years ending December 31, from 2020 to 2024. This lack of data makes it challenging to assess the company's leverage position and its reliance on debt financing relative to shareholders' equity over the specified years. As the debt-to-equity ratio is a crucial indicator of a company's financial health and risk management, the absence of this information limits our ability to evaluate McDonald’s Corporation's capital structure and leverage levels during this period. Further insight into the company's debt levels and how they are being balanced with equity would be required to provide a comprehensive analysis of its financial leverage.