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 | 30.23 Bn | 27.54 Bn | 2.03 Bn | 0.32 |
| 2 | General Mills | 21.36 Bn | 20.90 Bn | 1.60 Bn | 0.59 |
| 3 | Mccormick | 14.89 Bn | 14.56 Bn | 778.20 Mn | 0.45 |
| 4 | Jbs | 14.54 Bn | 11.07 Bn | 4.91 Bn | 3.37 |
| 5 | Hormel Foods | 13.26 Bn | 12.40 Bn | 518.51 Mn | 0.92 |
| 6 | J M Smucker | 13.17 Bn | 13.11 Bn | 862.10 Mn | 0.56 |
| 7 | Magnum Ice Cream | 12.10 Bn | 11.38 Bn | - | - |
| 8 | Darling Ingredients | 10.78 Bn | 10.62 Bn | 503.37 Mn | 0.58 |
| 9 | Smithfield Foods | 8.77 Bn | 7.42 Bn | 478.00 Mn | 1.29 |
| 10 | Conagra Brands | 7.80 Bn | 7.58 Bn | 704.10 Mn | 0.62 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |