Mccormick MKC
NYSE MKC
$56.20 +0.98 (+1.77%)
As of: Aug 21, 2026 · 10:30 AM EDT

Mccormick (MKC) Asset Utilization Ratio (2010 - 2026)

Mccormick's (MKC) quarterly Asset Utilization Ratio came in at 0.45 in Q2 2026, down 12.93% YoY from 0.52 in Q2 2025, and down 6.47% on a QoQ basis from 0.48 in Q1 2026.

Mccormick (MKC) Asset Utilization Ratio (2010 - 2026) Analysis & Trends

Mccormick (MKC) has 17 years of Asset Utilization Ratio data on file, last reported at 0.45 in Q2 2026.

  • Quarterly Asset Utilization Ratio fell 12.93% year-over-year to 0.45 in Q2 2026, while the trailing twelve-month figure through May 2026 was 0.45 (down 12.93% YoY) and the FY2025 annual result came in at 0.52, changed 0.42% from the prior year.
  • Asset Utilization Ratio declined to 0.45 in Q2 2026, from 0.48 in the prior quarter.
  • In the past five years, Asset Utilization Ratio ranged from a high of 0.52 in Q1 2024 to a low of 0.45 in Q2 2026.
  • A 5-year average of 0.5 and a median of 0.51 in 2023 frame the typical range for Asset Utilization Ratio.
  • Annual changes were most pronounced in 2024 — Asset Utilization Ratio advanced 7.13% — and 2026, when it decreased 12.93%.
  • Tracing MKC's Asset Utilization Ratio over 5 years: 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 dropped by 13.0% to 0.45 in 2026.
  • The last three Asset Utilization Ratio figures came in at 0.45 (Q2 2026), 0.48 (Q1 2026), and 0.52 (Q4 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Kraft Heinz 30.42 Bn 27.74 Bn 2.03 Bn 0.32
2 General Mills 21.44 Bn 20.98 Bn 1.60 Bn 0.59
3 Mccormick 15.12 Bn 14.79 Bn 778.20 Mn 0.45
4 Jbs 14.74 Bn 11.27 Bn 4.91 Bn 3.37
5 J M Smucker 13.25 Bn 13.19 Bn 862.10 Mn 0.56
6 Hormel Foods 13.21 Bn 12.35 Bn 518.51 Mn 0.92
7 Magnum Ice Cream 12.18 Bn 11.46 Bn - -
8 Darling Ingredients 10.65 Bn 10.49 Bn 503.37 Mn 0.58
9 Smithfield Foods 8.72 Bn 7.37 Bn 478.00 Mn 1.29
10 Conagra Brands 7.83 Bn 7.61 Bn 704.10 Mn 0.62

Historic Data

Download Data
DateValue
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
Aug 31, 2021 0.48