Current Ratio
since 2005
Calculation
McDonald’s Corp., current ratio, long-term trends, calculation
| Current ratio | = | Current assets1 | ÷ | Current liabilities1 | |
|---|---|---|---|---|---|
| Dec 31, 2023 | 1.16 | = | 7,986,400) | ÷ | 6,859,000) |
| Dec 31, 2022 | 1.43 | = | 5,424,200) | ÷ | 3,802,100) |
| Dec 31, 2021 | 1.78 | = | 7,148,500) | ÷ | 4,020,000) |
| Dec 31, 2020 | 1.01 | = | 6,243,200) | ÷ | 6,181,200) |
| Dec 31, 2019 | 0.98 | = | 3,557,900) | ÷ | 3,621,000) |
| Dec 31, 2018 | 1.36 | = | 4,053,200) | ÷ | 2,973,500) |
| Dec 31, 2017 | 1.84 | = | 5,327,200) | ÷ | 2,890,600) |
| Dec 31, 2016 | 1.40 | = | 4,848,600) | ÷ | 3,468,300) |
| Dec 31, 2015 | 3.27 | = | 9,643,000) | ÷ | 2,950,400) |
| Dec 31, 2014 | 1.52 | = | 4,185,500) | ÷ | 2,747,900) |
| Dec 31, 2013 | 1.59 | = | 5,050,100) | ÷ | 3,170,000) |
| Dec 31, 2012 | 1.45 | = | 4,922,100) | ÷ | 3,403,100) |
| Dec 31, 2011 | 1.25 | = | 4,403,000) | ÷ | 3,509,200) |
| Dec 31, 2010 | 1.49 | = | 4,368,500) | ÷ | 2,924,700) |
| Dec 31, 2009 | 1.14 | = | 3,416,300) | ÷ | 2,988,700) |
| Dec 31, 2008 | 1.39 | = | 3,517,600) | ÷ | 2,537,900) |
| Dec 31, 2007 | 0.80 | = | 3,581,900) | ÷ | 4,498,500) |
| Dec 31, 2006 | 1.21 | = | 3,625,300) | ÷ | 3,008,100) |
| Dec 31, 2005 | 1.45 | = | 5,849,700) | ÷ | 4,036,300) |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
1 US$ in thousands
Comparison to Competitors
McDonald’s Corp., current ratio, long-term trends, comparison to competitors
| McDonald’s Corp. | Airbnb Inc. | Booking Holdings Inc. | Chipotle Mexican Grill Inc. | Starbucks Corp. | |
|---|---|---|---|---|---|
| Dec 31, 2023 | 1.16 | 1.66 | 1.28 | 1.57 | 0.78 |
| Dec 31, 2022 | 1.43 | 1.86 | 1.86 | 1.28 | 0.77 |
| Dec 31, 2021 | 1.78 | 1.95 | 2.10 | 1.58 | 1.20 |
| Dec 31, 2020 | 1.01 | 1.73 | 3.56 | 1.73 | 1.06 |
| Dec 31, 2019 | 0.98 | — | 1.83 | 1.61 | 0.92 |
| Dec 31, 2018 | 1.36 | — | 2.36 | 1.81 | 2.20 |
| Dec 31, 2017 | 1.84 | — | 2.58 | 1.94 | 1.25 |
| Dec 31, 2016 | 1.40 | — | 1.89 | 1.85 | 1.05 |
| Dec 31, 2015 | 3.27 | — | 2.47 | 2.91 | 1.19 |
| Dec 31, 2014 | 1.52 | — | 3.82 | 3.58 | 1.37 |
| Dec 31, 2013 | 1.59 | — | 5.41 | 3.34 | 1.02 |
| Dec 31, 2012 | 1.45 | — | 3.89 | 2.93 | 1.90 |
| Dec 31, 2011 | 1.25 | — | 2.77 | 3.18 | 1.83 |
| Dec 31, 2010 | 1.49 | — | 4.15 | 3.30 | 1.55 |
| Dec 31, 2009 | 1.14 | — | 2.50 | 2.91 | 1.29 |
| Dec 31, 2008 | 1.39 | — | 1.14 | 2.75 | 0.80 |
| Dec 31, 2007 | 0.80 | — | 0.88 | 2.75 | 0.79 |
| Dec 31, 2006 | 1.21 | — | 5.00 | 2.92 | 0.79 |
| Dec 31, 2005 | 1.45 | — | 3.15 | 0.42 | 0.99 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Sector (Consumer Services)
McDonald’s Corp., current ratio, long-term trends, comparison to sector (consumer services)
| McDonald’s Corp. | Consumer Services | |
|---|---|---|
| Dec 31, 2023 | 1.16 | 1.25 |
| Dec 31, 2022 | 1.43 | 1.46 |
| Dec 31, 2021 | 1.78 | 1.71 |
| Dec 31, 2020 | 1.01 | 1.60 |
| Dec 31, 2019 | 0.98 | 1.27 |
| Dec 31, 2018 | 1.36 | 2.04 |
| Dec 31, 2017 | 1.84 | 1.85 |
| Dec 31, 2016 | 1.40 | 1.39 |
| Dec 31, 2015 | 3.27 | 2.21 |
| Dec 31, 2014 | 1.52 | 1.96 |
| Dec 31, 2013 | 1.59 | 1.84 |
| Dec 31, 2012 | 1.45 | 2.11 |
| Dec 31, 2011 | 1.25 | 1.72 |
| Dec 31, 2010 | 1.49 | 1.79 |
| Dec 31, 2009 | 1.14 | 1.33 |
| Dec 31, 2008 | 1.39 | 1.14 |
| Dec 31, 2007 | 0.80 | 0.82 |
| Dec 31, 2006 | 1.21 | 1.14 |
| Dec 31, 2005 | 1.45 | 1.36 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Industry (Consumer Discretionary)
McDonald’s Corp., current ratio, long-term trends, comparison to industry (consumer discretionary)
| McDonald’s Corp. | Consumer Discretionary | |
|---|---|---|
| Dec 31, 2023 | 1.16 | 1.20 |
| Dec 31, 2022 | 1.43 | 1.15 |
| Dec 31, 2021 | 1.78 | 1.25 |
| Dec 31, 2020 | 1.01 | 1.18 |
| Dec 31, 2019 | 0.98 | 1.10 |
| Dec 31, 2018 | 1.36 | 1.15 |
| Dec 31, 2017 | 1.84 | 1.15 |
| Dec 31, 2016 | 1.40 | 1.12 |
| Dec 31, 2015 | 3.27 | 1.25 |
| Dec 31, 2014 | 1.52 | 1.11 |
| Dec 31, 2013 | 1.59 | 1.15 |
| Dec 31, 2012 | 1.45 | 1.14 |
| Dec 31, 2011 | 1.25 | 1.31 |
| Dec 31, 2010 | 1.49 | 1.24 |
| Dec 31, 2009 | 1.14 | 1.25 |
| Dec 31, 2008 | 1.39 | 0.96 |
| Dec 31, 2007 | 0.80 | 1.21 |
| Dec 31, 2006 | 1.21 | 1.15 |
| Dec 31, 2005 | 1.45 | 1.10 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).