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McCormick & Company, Incorporated (MKC) Return on Invested Capital (ROIC): 7.93%

Is McCormick & Company, Incorporated’s return on invested capital (ROIC) high or low?

McCormick & Company, Incorporated's return on invested capital (ROIC) of 7.93% is in line with its 5-year average of 7.39%, near the high end of its 5-year range (6.18%–7.95%).

As of Thursday, June 11, 2026. 0.44% above its 12-month average of 7.89%.

MKC Return on Invested Capital (ROIC) Chart

MKC Return on Invested Capital (ROIC)
7.93%+0.89% 1Y
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MKC Average Return on Invested Capital (ROIC) Chart

MKC Current vs Average Return on Invested Capital (ROIC) Chart

MKC Return on Invested Capital (ROIC) Metrics

RETURN ON INVESTED CAPITAL (ROIC)

7.93%

RETURN ON INVESTED CAPITAL (ROIC) AVG TTM

7.89%

RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y

7.26%

RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y

7.39%

RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y

8.55%

RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y

9.80%

RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y

10.30%

CURRENT VS TTM AVG

+0.44%

CURRENT VS 3Y AVG

+9.23%

CURRENT VS 5Y AVG

+7.28%

CURRENT VS 10Y AVG

-7.21%

CURRENT VS 15Y AVG

-19.08%

CURRENT VS 20Y AVG

-22.99%

MKC Competitors' Return on Invested Capital (ROIC)

NAMEMARKET CAPRETURN ON INVESTED CAPITAL (ROIC)TTM3Y5Y
McCormick & Company, Incorporated (MKC)$13.22B7.93%7.89%7.26%7.39%
Hormel Foods Corporation (HRL)$13.53B4.31%5.60%6.70%7.53%
The J. M. Smucker Company (SJM)$12.46B2.53%-0.90%1.19%2.87%
The Clorox Company (CLX)$11.78B24.10%18.27%15.45%17.23%
General Mills, Inc. (GIS)$18.07B9.62%10.11%10.54%10.14%
Celsius Holdings, Inc. (CELH)$7.16B10.01%9.13%4.95%4.83%
Conagra Brands, Inc. (CAG)$6.45B7.37%5.00%4.81%5.50%
Dollar Tree, Inc. (DLTR)$21.42B10.69%9.93%9.09%8.59%
Church & Dwight Co., Inc. (CHD)$23.27B11.19%9.71%9.28%10.44%
Constellation Brands, Inc. (STZ)$24.40B10.48%8.66%6.61%5.88%

Capital Efficiency

ROIC

7.9%

ROE

23.5%

McCormick & Company, Incorporated Return on Invested Capital (ROIC) Formula & Definition

ROIC = NOPAT / Invested Capital

Return on invested capital measures the after-tax return a company earns on all capital (debt and equity) invested in the business.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

McCormick & Company, Incorporated Return on Invested Capital (ROIC) FAQ

What is the return on invested capital (ROIC) for McCormick & Company, Incorporated (MKC)?
The return on invested capital (ROIC) for MKC stock is 7.93%.
Is McCormick & Company, Incorporated's return on invested capital (ROIC) high or low?
McCormick & Company, Incorporated's return on invested capital (ROIC) of 7.93% is in line with its 5-year average of 7.39%, near the high end of its 5-year range (6.18%–7.95%).
What is the TTM average return on invested capital (ROIC) for McCormick & Company, Incorporated (MKC)?
The TTM average return on invested capital (ROIC) for MKC stock is 7.89%.
What is the 3Y average return on invested capital (ROIC) for McCormick & Company, Incorporated (MKC)?
The 3Y average return on invested capital (ROIC) for MKC stock is 7.26%.
What is the 5Y average return on invested capital (ROIC) for McCormick & Company, Incorporated (MKC)?
The 5Y average return on invested capital (ROIC) for MKC stock is 7.39%.
What is the 10Y average return on invested capital (ROIC) for McCormick & Company, Incorporated (MKC)?
The 10Y average return on invested capital (ROIC) for MKC stock is 8.55%.
What is the 15Y average return on invested capital (ROIC) for McCormick & Company, Incorporated (MKC)?
The 15Y average return on invested capital (ROIC) for MKC stock is 9.80%.
What is the 20Y average return on invested capital (ROIC) for McCormick & Company, Incorporated (MKC)?
The 20Y average return on invested capital (ROIC) for MKC stock is 10.30%.

McCormick & Company, Incorporated Return on Invested Capital (ROIC) History

DATERETURN ON INVESTED CAPITAL (ROIC)
2025-11-307.93%
2024-11-307.86%
2023-11-307.07%
2022-11-306.18%
2021-11-307.36%
2020-11-307.95%
2019-11-308.79%
2018-11-3010.01%
2017-11-305.89%
2016-11-3013.42%
2015-11-3011.55%
2014-11-3012.69%
2013-11-3011.38%
2012-11-3012.78%
2011-11-3011.79%
2010-11-3014.14%
2009-11-3011.83%
2008-11-3010.41%
2007-11-3012.18%
2006-11-3010.93%
2005-11-3014.10%
2004-11-3013.28%
2003-11-3012.97%
2002-11-3013.44%
2001-11-3012.22%
2000-11-3012.80%
1999-11-3015.05%
1998-11-3013.38%
1997-11-3012.38%
1996-11-3010.44%

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