Mccormick (MKC-V) Debt Ratio (2009 - 2026)
Mccormick (MKC-V) reported Debt Ratio of 0.3 for Q1 2026, up 9.16% on a YoY basis from 0.28 in Q1 2025, and up 9.78% quarter-over-quarter from 0.27 in Q4 2025.
Mccormick (MKC-V) Debt Ratio (2009 - 2026) Analysis & Trends
Mccormick has reported Debt Ratio for 18 years, with the latest figure at 0.3 in Q1 2026.
- For the quarter ending Q1 2026, Debt Ratio rose 9.16% year-over-year to 0.3; the trailing twelve-month figure through Feb 2026 stood at 0.3 (up 9.16% YoY), and the FY2025 full-year result was 0.27, down 12.2% from the prior year.
- Debt Ratio for Q1 2026 stood at 0.3, up from 0.27 in the prior quarter.
- The five-year high for Debt Ratio was 0.37 in Q1 2023, with the low at 0.27 in Q4 2025.
- Historically, Debt Ratio has averaged 0.32 across 5 years, with a median of 0.32 in 2024.
- Annual changes were most pronounced in 2023 — Debt Ratio advanced 11.42% — and 2024, when it fell 23.89%.
- Mccormick's Debt Ratio stood at 0.37 in 2022, then dropped by 13.43% to 0.32 in 2023, then declined by 3.08% to 0.31 in 2024, then fell by 12.2% to 0.27 in 2025, then grew by 9.78% to 0.3 in 2026.
- The last three Debt Ratio figures came in at 0.3 (Q1 2026), 0.27 (Q4 2025), and 0.29 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (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 | 0.26 |
| 3 | General Mills | 17.79 Bn | 17.02 Bn | 1.37 Bn | 0.37 |
| 4 | Jbs | 13.93 Bn | 9.37 Bn | 2.32 Bn | 0.45 |
| 5 | Hormel Foods | 13.00 Bn | 12.16 Bn | 518.51 Mn | 0.21 |
| 6 | Mccormick | 12.70 Bn | 13.10 Bn | 708.90 Mn | 0.30 |
| 7 | Magnum Ice Cream | 12.17 Bn | 11.70 Bn | - | 0.44 |
| 8 | J M Smucker | 11.05 Bn | 10.99 Bn | 827.80 Mn | 0.45 |
| 9 | Smithfield Foods | 10.57 Bn | 9.49 Bn | 511.00 Mn | 0.17 |
| 10 | Mccormick | - | - | 708.90 Mn | 0.30 |
Historic Data
Download Data| Date | Value |
|---|---|
| Feb 28, 2026 | 0.30 |
| Nov 30, 2025 | 0.27 |
| Aug 31, 2025 | 0.29 |
| May 31, 2025 | 0.29 |
| Feb 28, 2025 | 0.28 |
| Nov 30, 2024 | 0.31 |
| Aug 31, 2024 | 0.34 |
| May 31, 2024 | 0.32 |
| Feb 29, 2024 | 0.28 |
| Nov 30, 2023 | 0.32 |
| Aug 31, 2023 | 0.34 |
| May 31, 2023 | 0.34 |
| Feb 28, 2023 | 0.37 |
| Nov 30, 2022 | 0.37 |
| Aug 31, 2022 | 0.30 |
| May 31, 2022 | 0.36 |
| Feb 28, 2022 | 0.36 |
| Nov 30, 2021 | 0.37 |
| Aug 31, 2021 | 0.37 |
| May 31, 2021 | 0.41 |