Mccormick (MKC) Interest Coverage Ratio (2009 - 2026)
Mccormick's (MKC) quarterly Interest Coverage Ratio came in at 4.41 in Q2 2026, down 8.53% on a YoY basis from 4.82 in Q2 2025, and down 8.35% quarter-over-quarter from 4.81 in Q1 2026.
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Mccormick (MKC) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Mccormick (MKC) has reported Interest Coverage Ratio for 18 consecutive years, with 4.41 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Interest Coverage Ratio fell 8.53% year-over-year to 4.41; the trailing twelve-month figure through May 2026 stood at 5.34 (up 3.26% YoY), and the FY2025 full-year result was 5.46, up 7.78% from the prior year.
- Interest Coverage Ratio fell to 4.41 in Q2 2026 per MKC's latest filing, 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.
- Historically, Interest Coverage Ratio has averaged 5.16 across 5 years, with a median of 4.81 in 2025.
- The sharpest annual moves came in 2023 and 2024: Interest Coverage Ratio sank 37.08% in 2023, then climbed 18.04% in 2024.
- Over 5 years, Interest Coverage Ratio stood at 5.95 in 2022, then slipped by 5.26% to 5.64 in 2023, then rose by 3.03% to 5.81 in 2024, then grew by 15.15% to 6.69 in 2025, then slumped by 34.11% to 4.41 in 2026.
- According to Business Quant data, Interest Coverage Ratio over the past three periods registered 4.41, 4.81, and 6.69 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 29.47 Bn | 26.90 Bn | 2.03 Bn | -207.45 |
| 2 | General Mills | 20.43 Bn | 19.99 Bn | 1.60 Bn | - |
| 3 | Mccormick | 14.02 Bn | 14.26 Bn | 778.20 Mn | 4.41 |
| 4 | J M Smucker | 13.47 Bn | 13.43 Bn | 979.60 Mn | - |
| 5 | Hormel Foods | 11.85 Bn | 11.00 Bn | 471.52 Mn | 5.65 |
| 6 | Chewy | 9.70 Bn | 9.18 Bn | 1.01 Bn | - |
| 7 | Conagra Brands | 7.41 Bn | 7.19 Bn | 704.10 Mn | - |
| 8 | Lamb Weston Holdings | 6.86 Bn | 6.79 Bn | 361.40 Mn | - |
| 9 | Campbell'S | 6.38 Bn | 5.98 Bn | 650.00 Mn | 2.88 |
| 10 | Post Holdings | 3.72 Bn | 3.47 Bn | 566.30 Mn | 1.75 |
Historic Data
Download Data
Historic 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 | 5.81 |
| 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 |