Mccormick MKC
NYSE MKC
$51.50 -0.40 (-0.77%)
As of: Sep 9, 2026 · 3:59 PM EDT

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

Historic Data

Download Data
DateValue
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