McCormick & Company (MKC) Debt/Equity Ratio: History & Chart

McCormick & Company, Incorporated(MKC)

Packaged Foods · Hunt Valley, MD

$51.90-0.18 (-0.35%)

Delayed quote: Sep 8, 2026, 4:00 PM EDT

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.

Hunt Valley, MD

14,100 employees

www.mccormickcorporation.com

Consumer Defensive / Packaged Foods

Sector: Consumer Defensive
Industry: Packaged Foods
CEO: Brendan Foley

View full financials

MKC Debt to Equity Ratio Metrics

DEBT TO EQUITY RATIO

0.71

DEBT TO EQUITY RATIO AVG TTM

0.73

DEBT TO EQUITY RATIO AVG 3Y

0.82

DEBT TO EQUITY RATIO AVG 5Y

0.96

DEBT TO EQUITY RATIO AVG 10Y

1.10

DEBT TO EQUITY RATIO AVG 15Y

0.98

DEBT TO EQUITY RATIO AVG 20Y

0.93

CURRENT VS TTM AVG

-3.66%

CURRENT VS 3Y AVG

-14.17%

CURRENT VS 5Y AVG

-26.44%

CURRENT VS 10Y AVG

-35.71%

CURRENT VS 15Y AVG

-27.74%

CURRENT VS 20Y AVG

-24.36%

SECTOR MEDIAN · CONSUMER DEFENSIVE

1.05

median of 49 covered companies

CURRENT VS SECTOR MEDIAN

-32.84%

vs the sector median at left

NAME	MARKET CAP	DEBT TO EQUITY RATIO	TTM	3Y	5Y
McCormick & Company, Incorporated (MKC)	$13.95B	0.71	0.73	0.82	0.96
The J. M. Smucker Company (SJM)vs ›	$13.32B	1.20	1.28	1.07	0.91
Brown-Forman Corporation (BF-B)vs ›	$12.31B	0.62	0.61	0.75	0.80
Hormel Foods Corporation (HRL)vs ›	$11.68B	0.36	0.36	0.40	0.38
The Clorox Company (CLX)vs ›	$11.08B	61.33	35.15	23.11	17.62
Tyson Foods, Inc. (TSN)vs ›	$18.53B	0.44	0.51	0.49	0.54
Smithfield Foods, Inc. (SFD)vs ›	$8.66B	0.34	0.38	0.35	0.35
General Mills, Inc. (GIS)vs ›	$20.12B	1.84	1.84	1.64	1.44
Celsius Holdings, Inc. (CELH)vs ›	$7.56B	0.23	0.13	0.06	0.05
Conagra Brands, Inc. (CAG)vs ›	$7.31B	1.14	1.14	1.02	1.04

NAME

MARKET CAP

DEBT TO EQUITY RATIO

TTM

McCormick & Company, Incorporated (MKC)

$13.95B

0.71

0.73

0.82

0.96

The J. M. Smucker Company (SJM)vs ›

$13.32B

1.20

1.28

1.07

0.91

Brown-Forman Corporation (BF-B)vs ›

$12.31B

0.62

0.61

0.75

0.80

Hormel Foods Corporation (HRL)vs ›

$11.68B

0.36

0.40

0.38

The Clorox Company (CLX)vs ›

$11.08B

61.33

35.15

23.11

17.62

Tyson Foods, Inc. (TSN)vs ›

$18.53B

0.44

0.51

0.49

0.54

Smithfield Foods, Inc. (SFD)vs ›

$8.66B

0.34

0.38

0.35

General Mills, Inc. (GIS)vs ›

$20.12B

1.84

1.64

1.44

Celsius Holdings, Inc. (CELH)vs ›

$7.56B

0.23

0.13

0.06

0.05

Conagra Brands, Inc. (CAG)vs ›

$7.31B

1.14

1.02

1.04

Debt to Equity Ratio FAQ

What is the debt to equity ratio for McCormick & Company, Incorporated (MKC)?

The debt to equity ratio for MKC stock is 0.71.

Is McCormick & Company, Incorporated's debt to equity ratio high or low?

The debt to equity ratio of 0.71 is 26% below its 5-year average of 0.96, near the low end of its 5-year range (0.70–1.26).

What is the TTM average debt to equity ratio for McCormick & Company, Incorporated (MKC)?

The TTM average debt to equity ratio for MKC stock is 0.73.

What is the 3Y average debt to equity ratio for McCormick & Company, Incorporated (MKC)?

The 3Y average debt to equity ratio for MKC stock is 0.82.

What is the 5Y average debt to equity ratio for McCormick & Company, Incorporated (MKC)?

The 5Y average debt to equity ratio for MKC stock is 0.96.

What is the 10Y average debt to equity ratio for McCormick & Company, Incorporated (MKC)?

The 10Y average debt to equity ratio for MKC stock is 1.10.

What is the 15Y average debt to equity ratio for McCormick & Company, Incorporated (MKC)?

The 15Y average debt to equity ratio for MKC stock is 0.98.

What is the 20Y average debt to equity ratio for McCormick & Company, Incorporated (MKC)?

The 20Y average debt to equity ratio for MKC stock is 0.93.

DATE	DEBT TO EQUITY RATIO
2026-05-31	0.71
2026-02-28	0.71
2025-11-30	0.70
2025-08-31	0.76
2025-05-31	0.80
2025-02-28	0.79
2024-11-30	0.85
2024-08-31	0.85
2024-05-31	0.84
2024-02-29	0.85
2023-11-30	0.91
2023-08-31	0.95
2023-05-31	0.99
2023-02-28	1.07
2022-11-30	1.14
2022-08-31	1.17
2022-05-31	1.17
2022-02-28	1.17
2021-11-30	1.22
2021-08-31	1.26
2021-05-31	1.26
2021-02-28	1.35
2020-11-30	1.28
2020-08-31	1.06
2020-05-31	1.21
2020-02-29	1.25
2019-11-30	1.26
2019-08-31	1.34
2019-05-31	1.39
2019-02-28	1.42
2018-11-30	1.48
2018-08-31	1.61
2018-05-31	1.70
2018-02-28	1.68
2017-11-30	1.96
2017-08-31	2.13
2017-05-31	0.95
2017-02-28	0.98
2016-11-30	0.89
2016-08-31	0.92
2016-05-31	0.89
2016-02-29	0.85
2015-11-30	0.83
2015-08-31	0.85
2015-05-31	0.83
2015-02-28	0.79
2014-11-30	0.72
2014-08-31	0.70
2014-05-31	0.68
2014-02-28	0.66
2013-11-30	0.64
2013-08-31	0.77
2013-05-31	0.77
2013-02-28	0.72
2012-11-30	0.70
2012-08-31	0.74
2012-05-31	0.78
2012-02-29	0.78
2011-11-30	0.78
2011-08-31	0.60
2011-05-31	0.61
2011-02-28	0.62
2010-11-30	0.61
2010-08-31	0.71
2010-05-31	0.79
2010-02-28	0.77
2009-11-30	0.74
2009-08-31	0.87
2009-05-31	0.96
2009-02-28	1.17
2008-11-30	1.17
2008-08-31	1.11
2008-05-31	0.62
2008-02-29	0.69
2007-11-30	0.67
2007-08-31	0.90
2007-05-31	0.76
2007-02-28	0.76
2006-11-30	0.70
2006-08-31	0.78
2006-05-31	0.67
2006-02-28	0.75
2005-11-30	0.71
2005-08-31	0.84
2005-05-31	0.86
2005-02-28	0.73
2004-11-30	0.72
2004-08-31	0.82
2004-05-31	0.80
2004-02-29	0.21
2003-11-30	0.82
2003-08-31	0.91
2003-05-31	0.84
2003-02-28	1.04
2002-11-30	0.99
2002-08-31	1.22

DATE

DEBT TO EQUITY RATIO

2026-05-31

0.71

2026-02-28

0.71

2025-11-30

0.70

2025-08-31

0.76

2025-05-31

0.80

2025-02-28

0.79

2024-11-30

0.85

2024-08-31

0.85

2024-05-31

0.84

2024-02-29

0.85

2023-11-30

0.91

2023-08-31

0.95

2023-05-31

0.99

2023-02-28

1.07

2022-11-30

1.14

2022-08-31

1.17

2022-05-31

1.17

2022-02-28

1.17

2021-11-30

1.22

2021-08-31

1.26

2021-05-31

1.26

2021-02-28

1.35

2020-11-30

1.28

2020-08-31

1.06

2020-05-31

1.21

2020-02-29

1.25

2019-11-30

1.26

2019-08-31

1.34

2019-05-31

1.39

2019-02-28

1.42

2018-11-30

1.48

2018-08-31

1.61

2018-05-31

1.70

2018-02-28

1.68

2017-11-30

1.96

2017-08-31

2.13

2017-05-31

0.95

2017-02-28

0.98

2016-11-30

0.89

2016-08-31

0.92

2016-05-31

0.89

2016-02-29

0.85

2015-11-30

0.83

2015-08-31

0.85

2015-05-31

0.83

2015-02-28

0.79

2014-11-30

0.72

2014-08-31

0.70

2014-05-31

0.68

2014-02-28

0.66

2013-11-30

0.64

2013-08-31

0.77

2013-05-31

0.77

2013-02-28

0.72

2012-11-30

0.70

2012-08-31

0.74

2012-05-31

0.78

2012-02-29

0.78

2011-11-30

0.78

2011-08-31

0.60

2011-05-31

0.61

2011-02-28

0.62

2010-11-30

0.61

2010-08-31

0.71

2010-05-31

0.79

2010-02-28

0.77

2009-11-30

0.74

2009-08-31

0.87

2009-05-31

0.96

2009-02-28

1.17

2008-11-30

1.17

2008-08-31

1.11

2008-05-31

0.62

2008-02-29

0.69

2007-11-30

0.67

2007-08-31

0.90

2007-05-31

0.76

2007-02-28

0.76

2006-11-30

0.70

2006-08-31

0.78

2006-05-31

0.67

2006-02-28

0.75

2005-11-30

0.71

2005-08-31

0.84

2005-05-31

0.86

2005-02-28

0.73

2004-11-30

0.72

2004-08-31

0.82

2004-05-31

0.80

2004-02-29

0.21

2003-11-30

0.82

2003-08-31

0.91

2003-05-31

0.84

2003-02-28

1.04

2002-11-30

0.99

2002-08-31

1.22

Debt to Equity Ratio: 0.71

MKC Debt to Equity Ratio

MKC Average Debt to Equity Ratio Chart

MKC Current vs Average Debt to Equity Ratio Chart

MKC Debt to Equity Ratio Metrics

MKC Competitors' Debt to Equity Ratio

Financial Health

Debt to Equity Ratio Formula & Definition

Debt to Equity Ratio FAQ

MKC Debt to Equity Ratio History

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