Mccormick (MKC) Interest Coverage Ratio (2009 - 2026)
Mccormick (MKC) posted Interest Coverage Ratio of 4.41 for Q2 2026, down 8.35% on a QoQ basis from 4.81 in Q1 2026, and down 8.53% year-over-year from 4.82 in Q2 2025.
Mccormick (MKC) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Mccormick's Interest Coverage Ratio history runs 18 years deep, the most recent figure standing at 4.41 for Q2 2026.
- Quarterly Interest Coverage Ratio fell 8.53% year-over-year to 4.41 in Q2 2026, while the trailing twelve-month figure through May 2026 was 5.34 (up 3.61% YoY) and the FY2025 annual result came in at 5.46, up 8.15% from the prior year.
- Interest Coverage Ratio was 4.41 for Q2 2026 at Mccormick, down from 4.81 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 6.69 in Q4 2025 and bottomed at 3.93 in Q1 2023.
- A 5-year average of 5.16 and a median of 4.81 in 2025 frame the typical range for Interest Coverage Ratio.
- Annual changes were most pronounced in 2023 — Interest Coverage Ratio tumbled 37.08% — and 2024, when it increased 18.04%.
- Mccormick's Interest Coverage Ratio stood at 5.95 in 2022, then slipped by 5.26% to 5.64 in 2023, then grew by 1.68% to 5.73 in 2024, then increased by 16.68% to 6.69 in 2025, then slumped by 34.11% to 4.41 in 2026.
- Business Quant data shows MKC's Interest Coverage Ratio at 4.41 in Q2 2026, 4.81 in Q1 2026, and 6.69 in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 30.05 Bn | 26.07 Bn | 2.22 Bn | 4.85 |
| 2 | General Mills | 19.11 Bn | 18.67 Bn | 1.60 Bn | 8.92 |
| 3 | Hormel Foods | 13.78 Bn | 12.93 Bn | 518.51 Mn | 10.95 |
| 4 | Mccormick | 13.51 Bn | 13.76 Bn | 778.20 Mn | 4.41 |
| 5 | Magnum Ice Cream | 10.87 Bn | 10.35 Bn | - | - |
| 6 | Smithfield Foods | 10.26 Bn | 8.88 Bn | 511.00 Mn | 41.63 |
| 7 | Darling Ingredients | 10.06 Bn | 10.02 Bn | 404.92 Mn | 4.19 |
| 8 | Conagra Brands | 6.88 Bn | 6.66 Bn | 704.10 Mn | -4.79 |
| 9 | Lamb Weston Holdings | 6.84 Bn | 6.78 Bn | 361.40 Mn | -1.24 |
| 10 | Pilgrims Pride | 6.64 Bn | 6.11 Bn | 345.49 Mn | 4.30 |
Historic Data
Download Data| Date | Value |
|---|---|
| May 31, 2026 | 4.41 |
| Feb 28, 2026 | 4.81 |
| Nov 30, 2025 | 6.69 |
| Aug 31, 2025 | 5.75 |
| May 31, 2025 | 4.82 |
| Feb 28, 2025 | 4.64 |
| Nov 30, 2024 | 5.73 |
| Aug 31, 2024 | 5.36 |
| May 31, 2024 | 4.43 |
| Feb 29, 2024 | 4.64 |
| Nov 30, 2023 | 5.64 |
| Aug 31, 2023 | 4.65 |
| May 31, 2023 | 4.25 |
| Feb 28, 2023 | 3.93 |
| Nov 30, 2022 | 5.95 |
| Aug 31, 2022 | 6.21 |
| May 31, 2022 | 4.66 |
| Feb 28, 2022 | 6.25 |
| Nov 30, 2021 | 8.29 |
| Aug 31, 2021 | 7.82 |