Mccormick (MKC-V) Asset Utilization Ratio (2010 - 2026)
Mccormick (MKC-V) reported Asset Utilization Ratio of 0.48 for Q1 2026, down 7.11% on a YoY basis from 0.52 in Q1 2025, and down 6.98% quarter-over-quarter from 0.52 in Q4 2025.
Mccormick (MKC-V) Asset Utilization Ratio (2010 - 2026) Analysis & Trends
Mccormick has reported Asset Utilization Ratio for 17 years, with the latest figure at 0.48 in Q1 2026.
- For the quarter ending Q1 2026, Asset Utilization Ratio fell 7.11% year-over-year to 0.48; the trailing twelve-month figure through Feb 2026 stood at 0.48 (down 7.11% YoY), and the FY2025 full-year result was 0.52, changed 0.42% from the prior year.
- Asset Utilization Ratio for Q1 2026 stood at 0.48, down from 0.52 in the prior quarter.
- The five-year high for Asset Utilization Ratio was 0.52 in Q1 2024, with the low at 0.48 in Q1 2026.
- Historically, Asset Utilization Ratio has averaged 0.5 across 5 years, with a median of 0.51 in 2023.
- Annual changes were most pronounced in 2024 — Asset Utilization Ratio advanced 7.13% — and 2026, when it declined 7.11%.
- Mccormick's Asset Utilization Ratio stood at 0.49 in 2022, then climbed by 5.77% to 0.52 in 2023, then declined by 0.7% to 0.51 in 2024, then climbed by 1.07% to 0.52 in 2025, then decreased by 6.98% to 0.48 in 2026.
- The last three Asset Utilization Ratio figures came in at 0.48 (Q1 2026), 0.52 (Q4 2025), and 0.51 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Paranovus Entertainment Technology | 75,216.52 Bn | 75,216.52 Bn | - | - |
| 2 | Kraft Heinz | 26.76 Bn | 22.68 Bn | 2.22 Bn | 0.31 |
| 3 | General Mills | 17.79 Bn | 17.02 Bn | 1.37 Bn | 0.57 |
| 4 | Jbs | 13.93 Bn | 9.37 Bn | 2.32 Bn | - |
| 5 | Hormel Foods | 13.00 Bn | 12.16 Bn | 518.51 Mn | 0.92 |
| 6 | Mccormick | 12.70 Bn | 13.10 Bn | 708.90 Mn | 0.48 |
| 7 | Magnum Ice Cream | 12.17 Bn | 11.70 Bn | - | - |
| 8 | J M Smucker | 11.05 Bn | 10.99 Bn | 827.80 Mn | 0.53 |
| 9 | Smithfield Foods | 10.57 Bn | 9.49 Bn | 511.00 Mn | 1.29 |
| 10 | Mccormick | - | - | 708.90 Mn | 0.48 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Aug 31, 2021 | 0.48 |
| May 31, 2021 | 0.47 |