Mccormick (MKC) Interest Coverage Ratio (2009 - 2026)
Mccormick's Interest Coverage Ratio came in at 4.41 for fiscal Q2 2026 (quarter ended May 31, 2026), down 8.5% from 4.82 a year earlier and down 8.3% from the prior quarter.
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Analysis
Mccormick (MKC) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Over the trailing twelve months to May 31, 2026, Mccormick reported Interest Coverage Ratio of 5.34, up 3.3% year-over-year; for FY2025 (ended Nov 30, 2025), it was 5.46, up 7.8% from FY2024.
- Going back by fiscal year, Interest Coverage Ratio was 5.06 in FY2024 (+9.5%), 4.63 in FY2023 (-20.1%), 5.79 in FY2022 (-22.1%) and 7.43 in FY2021 (+0.8%).
- The fiscal Q2 2026 figure represents the lowest quarterly Interest Coverage Ratio since fiscal Q2 2023.
- Year-over-year, Interest Coverage Ratio increased in six of the last eight quarters, with growth averaging 5.6%.
- The fastest year-over-year change in Interest Coverage Ratio over five years came in fiscal Q1 2024 (growth of 18.0%), and the weakest in fiscal Q1 2023 (a decline of 37.1%).
- Business Quant data shows MKC's Interest Coverage Ratio at 4.81 (Q1 2026), 6.69 (Q4 2025) and 5.75 (Q3 2025) in the three fiscal quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Unilever | 133.59 Bn | 108.95 Bn | - | - |
| 2 | Mondelez International | 75.71 Bn | 69.03 Bn | 3.99 Bn | - |
| 3 | Hershey | 32.64 Bn | 28.88 Bn | 1.26 Bn | - |
| 4 | Kraft Heinz | 27.82 Bn | 14.35 Bn | 2.03 Bn | -207.45 |
| 5 | General Mills | 18.09 Bn | 15.75 Bn | 1.49 Bn | - |
| 6 | Mccormick | 13.03 Bn | 12.90 Bn | 778.20 Mn | 4.41 |
| 7 | J M Smucker | 12.89 Bn | 12.68 Bn | 979.60 Mn | - |
| 8 | Hormel Foods | 10.92 Bn | 7.61 Bn | 471.52 Mn | 5.65 |
| 9 | Chewy | 7.33 Bn | 4.62 Bn | 1.01 Bn | - |
| 10 | Conagra Brands | 6.75 Bn | 5.73 Bn | 704.10 Mn | - |
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 |
API Access
Mccormick Interest Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=MKC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "ticker": "MKC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=MKC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();