McCormick & Company, Incorporated MKC

47.94 0.12 0.25% as of 25 Sep
Market cap
$12.9B
P/E
8.0×
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McCormick & Company, Incorporated (MKC) Current ratio

McCormick & Company, Incorporated's current ratio at the end of the quarter to 31 May 2026 was 0.8×, up 0.1× from fiscal 2025 (0.7×). Over the past ten years it has ranged from 0.6× (fiscal 2023) to 1.1× (fiscal 2015); the current reading is higher than 45% of that period. That is below the Packaged Foods industry median of 1.6× and below the Consumer Defensive sector median of 1.4×.

Current ratio, annual

Annual

Period Current ratio Change
FY2025 0.7× (5.90%)
FY2024 0.7× 14.88%
FY2023 0.6× (7.10%)
FY2022 0.7× 2.08%
FY2021 0.7× (0.41%)
FY2020 0.7× (4.96%)
FY2019 0.7× (2.66%)
FY2018 0.7× (10.97%)
FY2017 0.8× (16.91%)
FY2016 1.0× (8.81%)

Quarterly

Period Current ratio Change
May 2026 0.8× 2.99%
Feb 2026 0.8× 8.58%
Nov 2025 0.7× (2.05%)
Aug 2025 0.7× 4.82%
42 more quarters

Against its own ten years

Low 0.6× High 1.1×
Ten-year median 0.7×
Current reading's percentile 45

Current ratio against peers

Company Current ratio
SFD Smithfield Foods, Inc. compare 2.6×
HRL Hormel Foods Corporation compare 1.9×
DAR Darling Ingredients Inc. compare 1.6×
JBS JBS N.V. compare 1.5×
MICC The Magnum Ice Cream Company N.V. compare 1.0×
CAG Conagra Brands compare 0.9×
SJM The J. M. Smucker Company compare 0.9×
MKC McCormick & Company, Incorporated 0.8×
GIS General Mills, Inc. compare 0.7×
Packaged Foods industry median 1.6×
Consumer Defensive sector median 1.4×
Market median 1.6×

What Current ratio is

Current Ratio shows whether a company’s short-term assets are enough to cover the bills and debts it must pay within the next year.

Current Assets (Total) ÷ Current Liabilities (Total)

The full definition of Current ratio →

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