Mccormick (MKC) Debt Ratio (2009 - 2026)
Mccormick's (MKC) quarterly Debt Ratio came in at 0.22 in Q2 2026, down 21.92% YoY from 0.28 in Q2 2025, and down 27.32% on a QoQ basis from 0.3 in Q1 2026.
Mccormick (MKC) Debt Ratio (2009 - 2026) Analysis & Trends
Mccormick (MKC) has 18 years of Debt Ratio data on file, last reported at 0.22 in 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 eased to 0.22 in Q2 2026, from 0.3 in the prior quarter.
- In the past five years, Debt Ratio ranged from a high of 0.41 in Q3 2022 to a low of 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 plunged 30.22% — and 2024, when it grew 17.97%.
- Tracing MKC's Debt Ratio over 5 years: stood at 0.3 in 2022, then fell by 5.8% to 0.28 in 2023, then increased by 5.13% to 0.3 in 2024, then dropped by 10.52% to 0.26 in 2025, then retreated by 17.14% to 0.22 in 2026.
- The last three Debt Ratio figures came in at 0.22 (Q2 2026), 0.3 (Q1 2026), and 0.26 (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 30.23 Bn | 27.54 Bn | 2.03 Bn | 0.26 |
| 2 | General Mills | 21.36 Bn | 20.90 Bn | 1.60 Bn | 0.48 |
| 3 | Mccormick | 14.89 Bn | 14.56 Bn | 778.20 Mn | 0.30 |
| 4 | Jbs | 14.54 Bn | 11.07 Bn | 4.91 Bn | 0.49 |
| 5 | Hormel Foods | 13.26 Bn | 12.40 Bn | 518.51 Mn | 0.21 |
| 6 | J M Smucker | 13.17 Bn | 13.11 Bn | 862.10 Mn | 0.43 |
| 7 | Magnum Ice Cream | 12.10 Bn | 11.38 Bn | - | 0.35 |
| 8 | Darling Ingredients | 10.78 Bn | 10.62 Bn | 503.37 Mn | 0.36 |
| 9 | Smithfield Foods | 8.77 Bn | 7.42 Bn | 478.00 Mn | 0.17 |
| 10 | Conagra Brands | 7.80 Bn | 7.58 Bn | 704.10 Mn | 0.46 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |