Mccormick (MKC) Asset Utilization Ratio (2010 - 2026)
Mccormick's Asset Utilization Ratio was 0.45 in fiscal Q2 2026 (quarter ended May 31, 2026), down 12.9% from 0.52 a year earlier and down 6.5% from the prior quarter.
Powered by 
Analysis
Mccormick (MKC) Asset Utilization Ratio (2010 - 2026) Analysis & Trends
For FY2025 (ended Nov 30, 2025), Asset Utilization Ratio at Mccormick came in at 0.52, up 0.4% from FY2024.
- Asset Utilization Ratio has now increased for three consecutive fiscal years.
- In earlier fiscal years, 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%).
- The fiscal Q2 2026 figure marks the lowest quarterly Asset Utilization Ratio in data going back to fiscal Q2 2010.
- Compared with a year earlier, Asset Utilization Ratio was higher in three of the last eight quarters, with an average decline of 2.4%.
- The best year-over-year quarter for Asset Utilization Ratio over five years was fiscal Q1 2024 (growth of 7.1%); the worst was fiscal Q2 2026 (a decline of 12.9%).
- Per Business Quant data, MKC's Asset Utilization Ratio in the three fiscal quarters before Q2 2026 was 0.48 (Q1 2026), 0.52 (Q4 2025) and 0.51 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Unilever | 133.59 Bn | 108.95 Bn | - | 0.75 |
| 2 | Mondelez International | 75.71 Bn | 69.03 Bn | 3.99 Bn | 0.56 |
| 3 | Hershey | 32.64 Bn | 28.88 Bn | 1.26 Bn | 0.87 |
| 4 | Kraft Heinz | 27.82 Bn | 14.35 Bn | 2.03 Bn | 0.32 |
| 5 | General Mills | 18.09 Bn | 15.75 Bn | 1.49 Bn | 0.61 |
| 6 | Mccormick | 13.03 Bn | 12.90 Bn | 778.20 Mn | 0.45 |
| 7 | J M Smucker | 12.89 Bn | 12.68 Bn | 979.60 Mn | 0.56 |
| 8 | Hormel Foods | 10.92 Bn | 7.61 Bn | 471.52 Mn | 0.91 |
| 9 | Chewy | 7.33 Bn | 4.62 Bn | 1.01 Bn | 3.71 |
| 10 | Conagra Brands | 6.75 Bn | 5.73 Bn | 704.10 Mn | 0.62 |
Historic Data
Download Data
Historic 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 |
API Access
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&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "MKC", "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&period=max&api_key=YOUR_API_KEY");
const data = await res.json();