Mccormick & annual debt-to-equity ratio
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2025
Mccormick & Debt-to-Equity Ratio Growth & History (MKC)
Mccormick &'s debt-to-equity ratio was 0.75 for fiscal 2025.
View full Mccormick & company overviewMccormick & annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-11-30 | 0.75 | −0.13 | −14.67% |
| 2024 | 2024-11-30 | 0.88 | −0.06 | −6.13% |
| 2023 | 2023-11-30 | 0.94 | −0.23 | −20.00% |
| 2022 | 2022-11-30 | 1.17 | −0.08 | −6.61% |
| 2021 | 2021-11-30 | 1.26 | −0.06 | −4.58% |
| 2020 | 2020-11-30 | 1.32 | 0.02 | +1.72% |
| 2019 | 2019-11-30 | 1.30 | −0.18 | −12.49% |
| 2018 | 2018-11-30 | 1.48 | −0.47 | −24.26% |
| 2017 | 2017-11-30 | 1.96 | 1.07 | +121.33% |
| 2016 | 2016-11-30 | 0.88 | 0.06 | +6.88% |
| 2015 | 2015-11-30 | 0.83 | 0.12 | +16.40% |
| 2014 | 2014-11-30 | 0.71 | 0.08 | +12.17% |
| 2013 | 2013-11-30 | 0.63 | −0.06 | −8.14% |
| 2012 | 2012-11-30 | 0.69 | −0.08 | −10.91% |
| 2011 | 2011-11-30 | 0.77 | 0.17 | +28.54% |
| 2010 | 2010-11-30 | 0.60 | −0.14 | −18.42% |
| 2009 | 2009-11-30 | 0.74 | — | — |
Mccormick & quarterly debt-to-equity ratio
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| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-05-31 | 0.71 | −0.09 | −11.33% |
| Q1 2026 | 2026-02-28 | 0.71 | −0.09 | −11.21% |
| Q4 2025 | 2025-11-30 | 0.75 | −0.13 | −14.67% |
| Q3 2025 | 2025-08-31 | 0.76 | −0.09 | −10.48% |
| Q2 2025 | 2025-05-31 | 0.80 | −0.04 | −5.10% |
| Q1 2025 | 2025-02-28 | 0.79 | −0.06 | −6.74% |
| Q4 2024 | 2024-11-30 | 0.88 | −0.06 | −6.13% |
| Q3 2024 | 2024-08-31 | 0.85 | −0.10 | −10.55% |
| Q2 2024 | 2024-05-31 | 0.84 | −0.15 | −14.93% |
| Q1 2024 | 2024-02-29 | 0.85 | −0.22 | −20.31% |
| Q4 2023 | 2023-11-30 | 0.94 | −0.23 | −20.00% |
| Q3 2023 | 2023-08-31 | 0.95 | −0.22 | −19.02% |
| Q2 2023 | 2023-05-31 | 0.99 | −0.18 | −15.46% |
| Q1 2023 | 2023-02-28 | 1.07 | −0.10 | −8.51% |
| Q4 2022 | 2022-11-30 | 1.17 | −0.08 | −6.61% |
| Q3 2022 | 2022-08-31 | 1.17 | −0.09 | −7.17% |
| Q2 2022 | 2022-05-31 | 1.17 | −0.10 | −7.71% |
| Q1 2022 | 2022-02-28 | 1.17 | −0.18 | −13.41% |
| Q4 2021 | 2021-11-30 | 1.26 | −0.06 | −4.58% |
| Q3 2021 | 2021-08-31 | 1.26 | 0.13 | +11.77% |
| Q2 2021 | 2021-05-31 | 1.26 | 0.01 | +1.20% |
| Q1 2021 | 2021-02-28 | 1.35 | 0.03 | +2.01% |
| Q4 2020 | 2020-11-30 | 1.32 | 0.02 | +1.72% |
| Q3 2020 | 2020-08-31 | 1.13 | −0.21 | −15.93% |
| Q2 2020 | 2020-05-31 | 1.25 | −0.14 | −9.96% |
| Q1 2020 | 2020-02-29 | 1.32 | −0.10 | −6.71% |
| Q4 2019 | 2019-11-30 | 1.30 | −0.18 | −12.49% |
| Q3 2019 | 2019-08-31 | 1.34 | −0.26 | −16.39% |
| Q2 2019 | 2019-05-31 | 1.39 | −0.31 | −18.28% |
| Q1 2019 | 2019-02-28 | 1.42 | −0.25 | −15.16% |
| Q4 2018 | 2018-11-30 | 1.48 | −0.47 | −24.26% |
| Q3 2018 | 2018-08-31 | 1.60 | −0.52 | −24.53% |
| Q2 2018 | 2018-05-31 | 1.70 | 0.75 | +79.30% |
| Q1 2018 | 2018-02-28 | 1.67 | 0.69 | +70.93% |
| Q4 2017 | 2017-11-30 | 1.96 | 1.07 | +121.33% |
| Q3 2017 | 2017-08-31 | 2.12 | 1.21 | +133.00% |
| Q2 2017 | 2017-05-31 | 0.95 | 0.06 | +6.98% |
| Q1 2017 | 2017-02-28 | 0.98 | 0.14 | +16.84% |
| Q4 2016 | 2016-11-30 | 0.88 | 0.06 | +6.88% |
| Q3 2016 | 2016-08-31 | 0.91 | 0.06 | +7.59% |
| Q2 2016 | 2016-05-31 | 0.88 | 0.06 | +7.23% |
| Q1 2016 | 2016-02-29 | 0.84 | 0.06 | +7.78% |
| Q4 2015 | 2015-11-30 | 0.83 | 0.12 | +16.40% |
| Q3 2015 | 2015-08-31 | 0.85 | 0.15 | +21.95% |
| Q2 2015 | 2015-05-31 | 0.82 | 0.16 | +23.16% |
| Q1 2015 | 2015-02-28 | 0.78 | 0.12 | +18.83% |
| Q4 2014 | 2014-11-30 | 0.71 | 0.08 | +12.17% |
| Q3 2014 | 2014-08-31 | 0.69 | −0.07 | −9.48% |
| Q2 2014 | 2014-05-31 | 0.67 | −0.10 | −12.51% |
| Q1 2014 | 2014-02-28 | 0.65 | — | — |
| Q4 2013 | 2013-11-30 | 0.63 | −0.06 | −8.14% |
| Q3 2013 | 2013-08-31 | 0.77 | 0.04 | +5.15% |
| Q2 2013 | 2013-05-31 | 0.77 | −0.01 | −1.44% |
| Q4 2012 | 2012-11-30 | 0.69 | −0.08 | −10.91% |
| Q3 2012 | 2012-08-31 | 0.73 | 0.13 | +21.60% |
| Q2 2012 | 2012-05-31 | 0.78 | 0.17 | +28.78% |
| Q1 2012 | 2012-02-29 | 0.78 | 0.16 | +25.93% |
| Q4 2011 | 2011-11-30 | 0.77 | 0.17 | +28.54% |
| Q3 2011 | 2011-08-31 | 0.60 | −0.11 | −15.18% |
| Q2 2011 | 2011-05-31 | 0.60 | — | — |
| Q1 2011 | 2011-02-28 | 0.62 | — | — |
| Q4 2010 | 2010-11-30 | 0.60 | −0.14 | −18.42% |
| Q3 2010 | 2010-08-31 | 0.71 | — | — |
| Q4 2009 | 2009-11-30 | 0.74 | — | — |
Mccormick & debt-to-equity ratio trends
Over the last five fiscal years, Mccormick &'s debt-to-equity ratio decreased from 1.32 to 0.75, a change of −0.57. The latest reported quarter, Q2 2026, shows 0.71.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Mccormick & source filings ↗