McCormick & Company, Incorporated (MKC.V) Balance Sheet: Assets & Liabilities

McCormick & Company, Incorporated (MKC.V) Balance Sheet

As of Nov 30, 2025 (end of fiscal 2025), McCormick & Company, Incorporated reported total assets of $13.20B and total liabilities of $7.43B. Shareholders' equity was $5.74B, up 8.4% from $5.29B a year earlier. Total debt stood at $4.00B against $95.90M in cash and short-term investments, a net debt position of $3.90B. That puts debt-to-equity at 0.70, compared with 0.82 a year earlier.

McCormick & Company, Incorporated Balance Sheet Analysis

Values in billions USD

Income Statement Balance Sheet Cash Flow Ratios

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Balance sheet showing assets, liabilities, and shareholders' equity for McCormick & Company, Incorporated (MKC.V) - Annual data in billions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period ending	Nov 2025	Nov 2024	Nov 2023	Nov 2022	Nov 2021
Current Assets
Cash and Cash Equivalents	0.10	0.19	0.17	0.33	0.35
Cash & Short-Term Investments	0.10	0.19	0.17	0.33	0.35
Accounts Receivable	0.63	0.59	0.59	0.57	0.55
Inventory	1.27	1.24	1.13	1.34	1.18
Other Current Assets	0.09	0.07	0.12	0.14	0.11
Total Current Assets	2.14	2.14	2.00	2.39	2.20
Non-Current Assets
Property, Plant & Equipment (Net)	1.67	1.62	1.32	1.20	1.14
Long-Term Investments	0.17	0.15	0.26	0.28	0.30
Goodwill	5.30	5.23	5.26	5.21	5.34
Intangible Assets	3.50	3.50	3.52	3.55	3.59
Other Non-Current Assets	0.15	0.18	0.92	0.94	0.78
Total Non-Current Assets	11.06	10.93	10.86	10.74	-
Total Assets	13.20	13.07	12.86	13.12	12.91
Current Liabilities
Accounts Payable	1.26	1.24	1.12	1.17	1.06
Short-Term Debt	0.89	0.75	0.27	1.24	0.54
Current Portion of Long-Term Debt	0.51	0.27	0.80	0.27	0.77
Accrued Liabilities	0.78	0.78	0.91	0.75	0.85
Other Current Liabilities	0.18	0.15	0.13	0.11	0.11
Total Current Liabilities	3.06	2.88	3.10	3.43	3.22
Non-Current Liabilities
Long-Term Debt	3.11	3.59	3.34	3.64	3.97
Deferred Tax Liabilities	0.84	0.84	0.86	0.87	0.79
Other Non-Current Liabilities	0.14	0.15	1.34	1.35	1.28
Total Non-Current Liabilities	4.37	4.87	4.68	4.99	5.26
Total Liabilities	7.43	7.75	7.78	8.43	8.48
Stockholders' Equity
Common Stock	2.28	2.24	2.20	2.14	2.06
Retained Earnings	3.82	3.55	3.25	3.02	2.78
Accumulated Other Comprehensive Income	-0.36	-0.49	-0.39	-0.48	-0.43
Minority Interest	0.03	0.03	0.02	0.02	-
Shares Outstanding	0.27	0.27	0.27	0.27	-
Total Stockholders' Equity	5.74	5.29	5.08	4.70	4.43
Total Liabilities & Equity	13.20	13.07	12.86	13.12	-

Source: Company financial statements from annual and quarterly filings. Data as of Aug 31, 2026. Data sources and methodology

Frequently Asked Questions About McCormick & Company, Incorporated Balance Sheet

How much debt does McCormick & Company, Incorporated have?

McCormick & Company, Incorporated had total debt of $4.00B as of Nov 30, 2025, against $95.90M in cash and short-term investments. Its debt-to-equity ratio was 0.70. Total debt was $4.34B a year earlier.

What are McCormick & Company, Incorporated's total assets?

McCormick & Company, Incorporated reported total assets of $13.20B as of Nov 30, 2025, up 1.0% from $13.07B a year earlier. Total liabilities were $7.43B.

What is McCormick & Company, Incorporated's shareholders' equity?

McCormick & Company, Incorporated's shareholders' equity was $5.74B as of Nov 30, 2025, or about $21.37 of book value per share.

What is the debt-to-equity ratio?

The debt-to-equity ratio divides a company's total debt by its shareholders' equity. It shows how much of the business is financed with borrowed money; normal levels vary widely by industry. Full definition