Stock Analysis on Net

McDonald’s Corp. (NYSE:MCD)

$24.99

Analysis of Inventory

Microsoft Excel

Paying user area

The data is hidden behind: . Unhide it.

This is a one-time payment. There is no automatic renewal.


We accept:

Visa Mastercard American Express Maestro Discover JCB PayPal Google Pay
Visa Secure Mastercard Identity Check American Express SafeKey

Inventory Disclosure

McDonald’s Corp., balance sheet: inventory

US$ in millions

Microsoft Excel
Dec 31, 2025 Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021
Inventories, at cost, not in excess of market

Based on: 10-K (reporting date: 2025-12-31), 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31).


The reported inventories, at cost, not in excess of market, demonstrate a generally stable pattern with a slight upward trend over the five-year period. Initial observation reveals a minor decrease followed by incremental increases.

Overall Trend
From 2021 to 2025, inventories fluctuated within a relatively narrow range. A slight decline is noted from 2021 to 2022, followed by a period of modest growth.
Year-over-Year Changes
A decrease of 4 US$ million, or approximately 7.1%, occurred between 2021 and 2022. Subsequently, inventories increased by 1 US$ million (approximately 1.9%) from 2022 to 2023. Further increases were observed from 2023 to 2024, with a 3 US$ million (approximately 5.7%) rise, and from 2024 to 2025, with a 5 US$ million (approximately 8.9%) increase.
Magnitude of Change
The largest year-over-year increase in reported inventory value occurred between 2024 and 2025, suggesting a potential shift in inventory management practices or increased demand during that period. The decrease between 2021 and 2022 was the most significant reduction in value during the observed timeframe.

The consistent reporting that inventories are not in excess of market suggests a conservative valuation approach and mitigates concerns regarding potential write-downs. The overall trend indicates a controlled inventory level, with recent increases warranting further investigation into the underlying drivers.