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 | 30.29 Bn | 26.20 Bn | 2.22 Bn | 0.26 |
| 2 | General Mills | 19.35 Bn | 18.90 Bn | 1.60 Bn | 0.45 |
| 3 | Hormel Foods | 13.90 Bn | 13.04 Bn | 518.51 Mn | 0.21 |
| 4 | Mccormick | 13.45 Bn | 13.12 Bn | 778.20 Mn | 0.22 |
| 5 | Magnum Ice Cream | 10.95 Bn | 10.43 Bn | - | 0.44 |
| 6 | Smithfield Foods | 10.34 Bn | 8.95 Bn | 511.00 Mn | 0.17 |
| 7 | Darling Ingredients | 9.92 Bn | 9.80 Bn | 404.92 Mn | 0.39 |
| 8 | Oatly Group AB | 8.23 Bn | 8.23 Bn | 76.34 Mn | 0.45 |
| 9 | Conagra Brands | 7.07 Bn | 6.85 Bn | 704.10 Mn | 0.42 |
| 10 | Lamb Weston Holdings | 6.87 Bn | 6.81 Bn | 331.60 Mn | 0.53 |
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 |