McCormick & Company, Incorporated (MKC)

Solvency & Capital Structure

Total Debt

$4.93B

Net Debt

$4.60B

McCormick & Company, Incorporated currently has $4.93B in total debt. Net debt is $4.60B after cash offsets.

Financial Fundamentals

MKC • Quarterly Data • 5Y View

Date	Total Debt ($B)	Cash & Inv. ($B)	Net Debt ($B)	Total Assets	Debt/Assets
2026-05-31	4.93	0.33	4.60	16.48	29.9%
2026-02-28	4.92	0.18	4.75	16.35	30.1%
2025-11-30	4.00	0.10	3.90	13.20	30.3%
2025-08-31	4.36	0.09	4.26	13.25	32.9%
2025-05-31	4.45	0.12	4.33	13.19	33.8%
2025-02-28	4.31	0.10	4.20	12.90	33.4%
2024-11-30	4.51	0.19	4.32	13.07	34.5%
2024-08-31	4.59	0.20	4.39	13.20	34.7%
2024-05-31	4.46	0.17	4.30	12.99	34.4%
2024-02-29	4.46	0.18	4.28	12.89	34.6%
2023-11-30	4.59	0.17	4.42	12.86	35.7%
2023-08-31	4.78	0.15	4.62	12.99	36.8%
2023-05-31	4.86	0.13	4.74	12.91	37.7%
2023-02-28	5.21	0.36	4.85	13.21	39.4%
2022-11-30	5.33	0.33	4.99	13.12	40.6%
2022-08-31	5.36	0.34	5.02	12.94	41.4%
2022-05-31	5.36	0.33	5.03	12.96	41.4%
2022-02-28	5.37	0.34	5.03	12.94	41.5%
2021-11-30	5.39	0.35	5.04	12.91	41.8%
2021-08-31	5.52	0.31	5.21	12.88	42.8%
2021-05-31	5.46	0.29	5.17	12.81	42.6%
2021-02-28	5.60	0.26	5.34	12.69	44.1%
2020-11-30	5.01	0.42	4.58	12.09	41.4%
2020-08-31	4.17	0.22	3.95	10.86	38.4%
2020-05-31	4.42	0.18	4.23	10.58	41.8%
2020-02-29	4.44	0.17	4.27	10.49	42.3%
2019-11-30	4.32	0.16	4.17	10.36	41.7%
2019-08-31	4.65	0.16	4.48	10.37	44.8%
2019-05-31	4.67	0.14	4.53	10.24	45.6%
2019-02-28	4.72	0.10	4.62	10.23	46.2%
2018-11-30	4.70	0.10	4.60	10.26	45.8%
2018-08-31	4.99	0.07	4.91	10.28	48.5%
2018-05-31	5.16	0.20	4.95	10.38	49.6%
2018-02-28	5.13	0.18	4.96	10.36	49.6%
2017-11-30	5.03	0.19	4.84	10.39	48.4%
2017-08-31	5.38	0.17	5.21	10.38	51.8%
2017-05-31	1.71	0.13	1.58	4.87	35.1%
2017-02-28	1.69	0.13	1.57	4.75	35.6%
2016-11-30	1.45	0.12	1.33	4.64	31.2%
2016-08-31	1.62	0.13	1.48	4.72	34.3%
2016-05-31	1.57	0.13	1.44	4.64	33.8%
2016-02-29	1.45	0.11	1.33	4.40	32.9%
2015-11-30	1.39	0.11	1.28	4.47	31.2%
2015-08-31	1.49	0.11	1.38	4.49	33.2%
2015-05-31	1.43	0.09	1.34	4.38	32.7%
2015-02-28	1.32	0.08	1.24	4.20	31.5%
2014-11-30	1.28	0.08	1.21	4.41	29.1%
2014-08-31	1.37	0.09	1.27	4.47	30.6%
2014-05-31	1.33	0.08	1.24	4.41	30.1%
2014-02-28	1.30	0.09	1.21	4.43	29.3%
2013-11-30	1.23	0.06	1.17	4.45	27.7%
2013-08-31	1.38	0.15	1.23	4.35	31.7%
2013-05-31	1.33	0.07	1.25	4.21	31.5%
2013-02-28	1.23	0.07	1.16	4.09	30.1%
2012-11-30	1.17	0.08	1.09	4.17	28.1%
2012-08-31	1.26	0.07	1.19	4.06	31.0%
2012-05-31	1.27	0.06	1.21	3.97	32.1%
2012-02-29	1.31	0.05	1.26	4.08	32.2%
2011-11-30	1.25	0.05	1.20	4.09	30.6%
2011-08-31	1.03	0.05	0.98	3.71	27.8%
2011-05-31	0.99	0.05	0.94	3.59	27.6%
2011-02-28	0.97	0.04	0.93	3.48	27.9%
2010-11-30	0.88	0.05	0.83	3.42	25.7%
2010-08-31	0.98	0.02	0.95	3.26	29.9%
2010-05-31	1.00	0.02	0.98	3.19	31.5%
2010-02-28	1.02	0.02	0.99	3.25	31.3%
2009-11-30	0.99	0.04	0.95	3.39	29.3%
2009-08-31	1.16	0.03	1.13	3.31	35.1%
2009-05-31	1.21	0.01	1.19	3.24	37.3%
2009-02-28	1.28	0.02	1.26	3.16	40.5%
2008-11-30	1.24	0.04	1.20	3.22	38.5%
2008-08-31	1.35	0.03	1.32	3.43	39.4%
2008-05-31	0.76	0.05	0.72	2.90	26.3%
2008-02-29	0.80	0.02	0.77	2.86	27.9%
2007-11-30	0.72	0.05	0.68	2.79	25.9%
2007-08-31	0.87	0.05	0.83	2.67	32.7%
2007-05-31	0.76	0.04	0.72	2.58	29.5%
2007-02-28	0.76	0.04	0.72	2.56	29.5%
2006-11-30	0.65	0.05	0.60	2.57	25.4%
2006-08-31	0.72	0.04	0.68	2.46	29.2%
2006-05-31	0.61	0.07	0.54	2.36	26.0%
2006-02-28	0.62	0.03	0.59	2.28	27.3%
2005-11-30	0.57	0.03	0.54	2.27	25.1%
2005-08-31	0.70	0.05	0.65	2.27	30.6%
2005-05-31	0.69	0.02	0.67	2.19	31.7%
2005-02-28	0.66	0.02	0.64	2.28	29.1%
2004-11-30	0.64	0.07	0.57	2.37	26.9%
2004-08-31	0.66	0.03	0.64	2.16	30.8%
2004-05-31	0.64	0.02	0.62	2.13	29.9%
2004-02-29	0.18	0.02	0.16	2.16	8.3%
2003-11-30	0.62	0.03	0.59	2.15	28.9%
2003-08-31	0.65	0.01	0.64	2.02	32.4%
2003-05-31	0.60	0.02	0.58	2.04	29.7%
2003-02-28	0.66	0.02	0.64	1.98	33.4%
2002-11-30	0.59	0.05	0.54	1.93	30.5%
2002-08-31	0.71	0.02	0.69	1.91	37.5%
2002-05-31	0.73	0.04	0.69	1.85	39.2%
2002-02-28	0.75	0.06	0.69	1.82	41.3%
2001-11-30	0.66	0.03	0.63	1.77	37.5%
2001-08-31	0.78	0.03	0.75	1.73	45.3%
2001-05-31	0.76	0.05	0.71	1.65	45.9%
2001-02-28	0.79	0.03	0.76	1.69	46.8%
2000-11-20	0.71	0.02	0.69	1.66	42.9%
2000-08-31	0.84	0.04	0.80	1.61	52.2%
2000-05-31	0.44	0.03	0.41	1.20	36.6%
2000-02-29	0.43	0.02	0.40	1.20	35.7%
1999-11-30	0.34	0.01	0.33	1.19	28.8%
1999-08-31	0.56	0.01	0.54	1.23	45.1%
1999-05-31	0.45	0.01	0.44	1.22	36.8%
1999-02-28	0.44	0.02	0.42	1.22	36.0%
1998-11-30	0.41	0.02	0.40	1.26	32.9%
1998-08-31	0.52	0.01	0.51	1.27	40.5%
1998-05-31	0.49	0.01	0.48	1.25	39.2%
1998-02-28	0.46	0.01	0.45	1.24	37.2%
1997-11-30	0.40	0.01	0.38	1.26	31.7%
1997-08-31	0.50	0.01	0.49	1.28	39.2%
1997-05-31	0.47	0.01	0.45	1.27	36.7%
1997-02-28	0.47	0.02	0.45	1.30	36.5%
1996-11-30	0.40	0.02	0.38	1.33	30.2%
1996-08-31	0.45	0.04	0.41	1.34	33.4%