Mccormick (MKC-V) Asset Utilization Ratio (2010 - 2026)
Mccormick's (MKC-V) Asset Utilization Ratio came in at 0.46 for fiscal Q3 2026 (quarter ended Aug 31, 2026), down 9.6% from 0.51 a year earlier but up 3.1% from the prior quarter.
Mccormick (MKC-V) Asset Utilization Ratio (2010 - 2026) Analysis & Trends
For FY2025 (ended Nov 30, 2025), Mccormick's Asset Utilization Ratio stood at 0.52, up 0.4% from FY2024.
- Annual Asset Utilization Ratio has increased for three consecutive fiscal years.
- In prior fiscal years, Mccormick's Asset Utilization Ratio was 0.52 in FY2024 (+1.1%), 0.51 in FY2023 (+5.1%), 0.49 in FY2022 (-3.5%) and 0.51 in FY2021 (+1.3%).
- Quarterly Asset Utilization Ratio has run from a low of 0.45 in fiscal Q2 2026 to a high of 0.52 in fiscal Q1 2024 over five years.
- On a year-over-year basis, Asset Utilization Ratio has declined in each of the last three quarters, with an average decline of 3.6% over the last eight quarters.
- The strongest year-over-year quarter for Asset Utilization Ratio in the past five years was fiscal Q1 2024, with growth of 7.1%; the weakest was fiscal Q2 2026, with a decline of 12.9%.
- According to Business Quant data, Asset Utilization Ratio for the three prior fiscal quarters was 0.45 (Q2 2026), 0.48 (Q1 2026) and 0.52 (Q4 2025).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2026 | 0.46 |
| May 31, 2026 | 0.45 |
| Feb 28, 2026 | 0.48 |
| Nov 30, 2025 | 0.52 |
| Aug 31, 2025 | 0.51 |
| May 31, 2025 | 0.52 |
| Feb 28, 2025 | 0.52 |
| Nov 30, 2024 | 0.51 |
| Aug 31, 2024 | 0.51 |
| May 31, 2024 | 0.52 |
| Feb 29, 2024 | 0.52 |
| Nov 30, 2023 | 0.52 |
| Aug 31, 2023 | 0.51 |
| May 31, 2023 | 0.50 |
| Feb 28, 2023 | 0.49 |
| Nov 30, 2022 | 0.49 |
| Aug 31, 2022 | 0.49 |
| May 31, 2022 | 0.49 |
| Feb 28, 2022 | 0.49 |
| Nov 30, 2021 | 0.49 |
Mccormick Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=MKC-V&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "MKC-V", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=MKC-V&period=max&api_key=YOUR_API_KEY");
const data = await res.json();