McDonald's CapEx Steps Higher: What's Supporting the ROI Case?

Key Takeaways MCD guided to $3.7-$3.9B in 2026 capital spending, up from about $3.4B in 2025.MCD opened roughly 2,275 restaurants in 2025 and plans about 2,600 gross openings in 2026.MCD expects 2026 net unit growth to add approximately 2.5% to systemwide sales growth.McDonald’s Corporation (MCD) exited 2025 with an acceleration in capital investment plans, as management outlined a higher level of spending tied primarily to unit growth and future development. The company guided to 2026 capital expenditures ...