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% YoY from 4.82 in Q2 2025, and down 8.35% on a QoQ basis from 4.81 in Q1 2026.
Mccormick (MKC) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Mccormick (MKC) has 18 years of Interest Coverage Ratio data on file, last reported at 4.41 in 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 3.26% YoY) and the FY2025 annual result came in at 5.46, up 8.15% from the prior year.
- Interest Coverage Ratio slipped to 4.41 in Q2 2026, from 4.81 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 6.69 in Q4 2025 to a low of 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 plunged 37.08% — and 2024, when it advanced 18.04%.
- Tracing MKC's Interest Coverage Ratio over 5 years: stood at 5.95 in 2022, then retreated by 5.26% to 5.64 in 2023, then grew by 3.03% to 5.81 in 2024, then advanced by 15.15% to 6.69 in 2025, then plunged by 34.11% to 4.41 in 2026.
- The last three Interest Coverage Ratio figures came in at 4.41 (Q2 2026), 4.81 (Q1 2026), and 6.69 (Q4 2025), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 30.23 Bn | 27.54 Bn | 2.03 Bn | 207.45 |
| 2 | General Mills | 21.36 Bn | 20.90 Bn | 1.60 Bn | - |
| 3 | Mccormick | 14.89 Bn | 14.56 Bn | 778.20 Mn | 4.41 |
| 4 | Jbs | 14.54 Bn | 11.07 Bn | 4.91 Bn | 0.82 |
| 5 | Hormel Foods | 13.26 Bn | 12.40 Bn | 518.51 Mn | 10.95 |
| 6 | J M Smucker | 13.17 Bn | 13.11 Bn | 862.10 Mn | - |
| 7 | Magnum Ice Cream | 12.10 Bn | 11.38 Bn | - | - |
| 8 | Darling Ingredients | 10.78 Bn | 10.62 Bn | 503.37 Mn | 10.00 |
| 9 | Smithfield Foods | 8.77 Bn | 7.42 Bn | 478.00 Mn | 36.25 |
| 10 | Conagra Brands | 7.80 Bn | 7.58 Bn | 704.10 Mn | - |
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 | 5.81 |
| 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 |