Mccormick (MKC) Debt Ratio (2009 - 2026)

Mccormick (MKC) posted Debt Ratio of 0.22 for Q2 2026, down 27.32% on a QoQ basis from 0.3 in Q1 2026, and down 21.92% year-over-year from 0.28 in Q2 2025.

Mccormick (MKC) Debt Ratio (2009 - 2026) Analysis & Trends

Mccormick's Debt Ratio history runs 18 years deep, the most recent figure standing at 0.22 for Q2 2026.

  • Quarterly Debt Ratio fell 21.92% year-over-year to 0.22 in Q2 2026, while the trailing twelve-month figure through May 2026 was 0.22 (down 21.92% YoY) and the FY2025 annual result came in at 0.26, down 10.52% from the prior year.
  • Debt Ratio was 0.22 for Q2 2026 at Mccormick, down from 0.3 in the prior quarter.
  • Across five years, Debt Ratio topped out at 0.41 in Q3 2022 and bottomed at 0.22 in Q2 2026.
  • A 5-year average of 0.33 and a median of 0.34 in 2025 frame the typical range for Debt Ratio.
  • Annual changes were most pronounced in 2022 — Debt Ratio tumbled 30.22% — and 2024, when it gained 17.97%.
  • Mccormick's Debt Ratio stood at 0.3 in 2022, then decreased by 5.8% to 0.28 in 2023, then gained by 5.13% to 0.3 in 2024, then fell by 10.52% to 0.26 in 2025, then slipped by 17.14% to 0.22 in 2026.
  • Business Quant data shows MKC's Debt Ratio at 0.22 in Q2 2026, 0.3 in Q1 2026, and 0.26 in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Kraft Heinz 30.05 Bn 26.07 Bn 2.22 Bn 0.26
2 General Mills 19.11 Bn 18.67 Bn 1.60 Bn 0.45
3 Hormel Foods 13.78 Bn 12.93 Bn 518.51 Mn 0.21
4 Mccormick 13.51 Bn 13.76 Bn 778.20 Mn 0.22
5 Magnum Ice Cream 10.87 Bn 10.35 Bn - 0.44
6 Smithfield Foods 10.26 Bn 8.88 Bn 511.00 Mn 0.17
7 Darling Ingredients 10.06 Bn 10.02 Bn 404.92 Mn 0.39
8 Conagra Brands 6.88 Bn 6.66 Bn 704.10 Mn 0.42
9 Lamb Weston Holdings 6.84 Bn 6.78 Bn 361.40 Mn 0.53
10 Pilgrims Pride 6.64 Bn 6.11 Bn 345.49 Mn 0.30

Historic Data

Download Data
DateValue
May 31, 2026 0.22
Feb 28, 2026 0.30
Nov 30, 2025 0.26
Aug 31, 2025 0.35
May 31, 2025 0.28
Feb 28, 2025 0.33
Nov 30, 2024 0.30
Aug 31, 2024 0.34
May 31, 2024 0.38
Feb 29, 2024 0.35
Nov 30, 2023 0.28
Aug 31, 2023 0.29
May 31, 2023 0.35
Feb 28, 2023 0.37
Nov 30, 2022 0.30
Aug 31, 2022 0.41
May 31, 2022 0.41
Feb 28, 2022 0.37
Nov 30, 2021 0.43
Aug 31, 2021 0.43