McCormick & Company, Incorporated (MKC) Current Ratio: 0.70
Is McCormick & Company, Incorporated’s current ratio high or low?
McCormick & Company, Incorporated's current ratio of 0.70 is in line with its 5-year average of 0.69, around the middle of its 5-year range (0.65–0.74).
The current ratio for McCormick & Company, Incorporated (MKC) is 0.70 as of Wednesday, June 10, 2026. It is below its 12-month average by 2.78% (0.72).
MKC Current Ratio Chart
MKC Average Current Ratio Chart
MKC Current vs Average Current Ratio Chart
MKC Current Ratio Metrics
CURRENT RATIO
0.70
CURRENT RATIO AVG TTM
0.72
CURRENT RATIO AVG 3Y
0.70
CURRENT RATIO AVG 5Y
0.69
CURRENT RATIO AVG 10Y
0.78
CURRENT RATIO AVG 15Y
0.91
CURRENT RATIO AVG 20Y
0.96
CURRENT VS TTM AVG
-2.78%
CURRENT VS 3Y AVG
+0.36%
CURRENT VS 5Y AVG
+1.20%
CURRENT VS 10Y AVG
-9.84%
CURRENT VS 15Y AVG
-23.39%
CURRENT VS 20Y AVG
-27.16%
MKC Competitors' Current Ratio
| NAME | MARKET CAP | CURRENT RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| McCormick & Company, Incorporated (MKC) | $13.25B | 0.70 | 0.72 | 0.70 | 0.69 |
| Hormel Foods Corporation (HRL) | $13.38B | 2.47 | 2.40 | 2.17 | 2.19 |
| The J. M. Smucker Company (SJM) | $12.45B | 0.78 | 0.80 | 0.89 | 0.88 |
| The Clorox Company (CLX) | $12.08B | 0.84 | 0.94 | 0.95 | 1.02 |
| General Mills, Inc. (GIS) | $18.02B | 0.67 | 0.66 | 0.66 | 0.67 |
| Celsius Holdings, Inc. (CELH) | $7.43B | 1.68 | 2.65 | 3.84 | 3.62 |
| Conagra Brands, Inc. (CAG) | $6.37B | 0.71 | 0.84 | 0.82 | 0.83 |
| Dollar Tree, Inc. (DLTR) | $21.29B | 1.07 | 1.06 | 1.15 | 1.26 |
| Church & Dwight Co., Inc. (CHD) | $23.34B | 1.07 | 1.39 | 1.26 | 1.07 |
| Dollar General Corporation (DG) | $24.02B | 1.13 | 1.16 | 1.20 | 1.17 |
Liquidity Analysis
Current Ratio
0.70
Quick Ratio
0.28
McCormick & Company, Incorporated Current Ratio Formula & Definition
Current Ratio = Current Assets / Current Liabilities
The current ratio measures short-term liquidity — a company's ability to cover current liabilities with current assets. Above 1.0 indicates positive working capital.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
McCormick & Company, Incorporated Current Ratio FAQ
- What is the current ratio for McCormick & Company, Incorporated (MKC)?
- The current ratio for MKC stock is 0.70.
- Is McCormick & Company, Incorporated's current ratio high or low?
- McCormick & Company, Incorporated's current ratio of 0.70 is in line with its 5-year average of 0.69, around the middle of its 5-year range (0.65–0.74).
- What is the TTM average current ratio for McCormick & Company, Incorporated (MKC)?
- The TTM average current ratio for MKC stock is 0.72.
- What is the 3Y average current ratio for McCormick & Company, Incorporated (MKC)?
- The 3Y average current ratio for MKC stock is 0.70.
- What is the 5Y average current ratio for McCormick & Company, Incorporated (MKC)?
- The 5Y average current ratio for MKC stock is 0.69.
- What is the 10Y average current ratio for McCormick & Company, Incorporated (MKC)?
- The 10Y average current ratio for MKC stock is 0.78.
- What is the 15Y average current ratio for McCormick & Company, Incorporated (MKC)?
- The 15Y average current ratio for MKC stock is 0.91.
- What is the 20Y average current ratio for McCormick & Company, Incorporated (MKC)?
- The 20Y average current ratio for MKC stock is 0.96.
McCormick & Company, Incorporated Current Ratio History
| DATE | CURRENT RATIO |
|---|---|
| 2025-11-30 | 0.70 |
| 2024-11-30 | 0.74 |
| 2023-11-30 | 0.65 |
| 2022-11-30 | 0.70 |
| 2021-11-30 | 0.68 |
| 2020-11-30 | 0.68 |
| 2019-11-30 | 0.72 |
| 2018-11-30 | 0.74 |
| 2017-11-30 | 0.83 |
| 2016-11-30 | 1.00 |
| 2015-11-30 | 1.10 |
| 2014-11-30 | 1.26 |
| 2013-11-30 | 1.29 |
| 2012-11-30 | 1.08 |
| 2011-11-30 | 1.23 |
| 2010-11-30 | 1.22 |
| 2009-11-30 | 1.19 |
| 2008-11-30 | 0.94 |
| 2007-11-30 | 1.14 |
| 2006-11-30 | 1.15 |
| 2005-11-30 | 1.14 |
| 2004-11-30 | 1.12 |
| 2003-11-30 | 1.07 |
| 2002-11-30 | 1.08 |
| 2001-11-30 | 0.89 |
| 2000-11-30 | 0.60 |
| 1999-11-30 | 1.04 |
| 1998-11-30 | 0.97 |
| 1997-11-30 | 1.02 |
| 1996-11-30 | 1.07 |
Related Metrics
About McCormick & Company, Incorporated
McCormick & Company, Incorporated is a global leader in the manufacture, marketing, and distribution of a wide array of flavorful products, including spices, seasoning mixes, and condiments, to the food industry. Its operations are divided into two primary segments: Consumer and Flavor Solutions. The Consumer segment provides an extensive range of items such as spices, herbs, seasonings, sauces, and desserts. These are sold under numerous prominent brands across various regions: McCormick, French's, Frank's RedHot, Lawry's Cholula Hot Sauce, Gourmet Garden, Club House, and OLD BAY in the Americas; Ducros, Schwartz, Kamis, Drogheria & Alimentari, and Vahiné throughout Europe, the Middle East, and Africa (EMEA); McCormick and DaQiao in China; and McCormick, Aeroplane, and Gourmet Garden in Australia. In addition, it offers specialized regional and ethnic brands like Zatarain's, Stubb's, Thai Kitchen, and Simply Asia, and also produces goods for private labels. Its customer base encompasses a broad spectrum of retailers, including grocery stores, mass merchandisers, warehouse clubs, discount and drug stores, and e-commerce platforms. Distribution to these outlets occurs both directly and indirectly via distributors and wholesale foodservice providers. The Flavor Solutions segment caters to large-scale food manufacturers and the wider foodservice industry. It supplies essential ingredients such as seasoning blends, spices, herbs, condiments, coating systems, and complex flavor formulations. These products are delivered directly to clients or through a network of distributors. Founded in 1889, the company maintains its headquarters in Hunt Valley, Maryland.
- Sector
- Consumer Defensive
- Industry
- Packaged Foods
- CEO
- Brendan Foley