Mccormick (MKC) Debt Ratio (2009 - 2026)
Mccormick's (MKC) quarterly Debt Ratio came in at 0.38 in Q2 2026, down 3.84% on a YoY basis from 0.4 in Q2 2025, and little changed quarter-over-quarter from 0.38 in Q1 2026.
Analysis
Mccormick (MKC) Debt Ratio (2009 - 2026) Analysis & Trends
Mccormick (MKC) has reported Debt Ratio for 18 consecutive years, with 0.38 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Debt Ratio fell 3.84% year-over-year to 0.38; the trailing twelve-month figure through May 2026 stood at 0.38 (down 3.84% YoY), and the FY2025 full-year result was 0.34, down 7.54% from the prior year.
- Debt Ratio was little changed at 0.38 in Q2 2026 per MKC's latest filing, from 0.38 in the prior quarter.
- Across five years, Debt Ratio topped out at 0.53 in Q3 2022 and bottomed at 0.34 in Q4 2025.
- Historically, Debt Ratio has averaged 0.42 across 5 years, with a median of 0.41 in 2024.
- The sharpest annual moves came in 2022 and 2024: Debt Ratio rose 7.62% in 2022, then fell 17.3% in 2024.
- Over 5 years, Debt Ratio stood at 0.49 in 2022, then dropped by 16.74% to 0.41 in 2023, then slipped by 8.88% to 0.37 in 2024, then slipped by 7.54% to 0.34 in 2025, then grew by 11.32% to 0.38 in 2026.
- According to Business Quant data, Debt Ratio over the past three periods registered 0.38, 0.38, and 0.34 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 29.47 Bn | 26.90 Bn | 2.03 Bn | 0.26 |
| 2 | General Mills | 20.43 Bn | 19.99 Bn | 1.60 Bn | 0.49 |
| 3 | Mccormick | 14.02 Bn | 14.26 Bn | 778.20 Mn | 0.38 |
| 4 | J M Smucker | 13.47 Bn | 13.43 Bn | 979.60 Mn | 0.43 |
| 5 | Hormel Foods | 11.85 Bn | 11.00 Bn | 471.52 Mn | 0.21 |
| 6 | Chewy | 9.70 Bn | 9.18 Bn | 1.01 Bn | - |
| 7 | Conagra Brands | 7.41 Bn | 7.19 Bn | 704.10 Mn | 0.47 |
| 8 | Lamb Weston Holdings | 6.86 Bn | 6.79 Bn | 361.40 Mn | 0.57 |
| 9 | Campbell'S | 6.38 Bn | 5.98 Bn | 650.00 Mn | 0.46 |
| 10 | Post Holdings | 3.72 Bn | 3.47 Bn | 566.30 Mn | 0.59 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 0.38 |
| Feb 28, 2026 | 0.38 |
| Nov 30, 2025 | 0.34 |
| Aug 31, 2025 | 0.39 |
| May 31, 2025 | 0.40 |
| Feb 28, 2025 | 0.39 |
| Nov 30, 2024 | 0.37 |
| Aug 31, 2024 | 0.44 |
| May 31, 2024 | 0.40 |
| Feb 29, 2024 | 0.41 |
| Nov 30, 2023 | 0.41 |
| Aug 31, 2023 | 0.45 |
| May 31, 2023 | 0.41 |
| Feb 28, 2023 | 0.49 |
| Nov 30, 2022 | 0.49 |
| Aug 31, 2022 | 0.53 |
| May 31, 2022 | 0.47 |
| Feb 28, 2022 | 0.47 |
| Nov 30, 2021 | 0.47 |
| Aug 31, 2021 | 0.49 |