MCD · 8-K · 20260923PR000076
Franchisee Economics
MCDONALDS CORP · 2026-09-23 · Importance 40 · Surprise 42 · In source text
McDonald’s plans to provide approximately $8.5 billion of total NEXT partnering support through 2036, including approximately $5 billion through 2030. The support will combine rent relief and capital support to accelerate restaurant modernization, technology deployment and operational improvements. The targeted 250 basis points of gross restaurant-level efficiency is equivalent to roughly $100,000 in annual cash-flow benefits for the average U.S. restaurant. McDonald’s estimates franchisees will achieve an approximately four-year payback after partnering support.
Key facts
- McDonald’s plans to provide approximately $8.5 billion in total NEXT partnering support through 2036. source
- McDonald’s plans to provide approximately $5 billion in NEXT partnering support through 2030 (part of the $8.5 billion through 2036). source
- McDonald’s estimates NEXT investments will generate an approximately four-year payback for franchisees, after partnering. source
- The approximately 250 basis points of gross restaurant-level efficiency improvements is equivalent to roughly $100,000 in annual cash flow benefits for the average U.S. restaurant. source
- Approximately 95% of McDonald’s restaurants worldwide are owned and operated by independent local business owners. source
- McDonald’s defines Systemwide sales to include sales at all restaurants, whether owned and operated by the Company or by franchisees. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | negative | committed | -12.1% | McDonald’s plans to provide approximately $8.5 billion in total NEXT partnering support through 2036. |