McCormick & Company, Incorporated (MKC.V) Financial Ratios

For fiscal 2025 (fiscal year ended Nov 30, 2025), McCormick & Company, Incorporated had a P/E ratio of 22.94 (down from 26.67), return on equity of 14.2% (down from 15.2%), debt-to-equity of 0.73 (down from 0.86) and a current ratio of 0.70 (down from 0.74). A current ratio of 0.70 means current liabilities exceed current assets. Its dividend yield was 2.74% with a payout ratio of 61.2%.

McCormick & Company, Incorporated Financial Ratios Analysis

Valuation, profitability, leverage, and liquidity ratios

Income Statement Balance Sheet Cash Flow Ratios

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Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period ending	Nov 2025	Nov 2024	Nov 2023	Nov 2022	Nov 2021	Nov 2020
Valuation Ratios
P/E Ratio	22.94	26.67	25.55	33.47	30.39	33.34
P/S Ratio	2.65	3.13	2.61	3.59	3.63	4.45
P/B Ratio	3.14	3.96	3.42	4.86	5.19	6.32
Price/FCF	24.46	32.50	17.86	58.60	41.72	30.54
Price/OCF	18.82	22.81	14.05	35.03	27.71	23.93
Enterprise Value Ratios
EV/Revenue	3.27	3.79	3.32	4.39	4.46	5.18
EV/EBITDA	17.16	20.14	18.20	25.30	21.99	24.57
EV/EBIT	20.39	23.63	21.34	30.09	25.44	28.21
EV/FCF	30.26	39.38	22.69	71.61	51.21	35.57
Profitability & Returns
Return on Equity (ROE)	14.24%	15.16%	13.91%	14.95%	18.06%	20.21%
Return on Assets (ROA)	5.23%	5.20%	4.98%	4.45%	5.54%	5.73%
Return on Invested Capital (ROIC)	8.99%	9.08%	8.51%	7.71%	9.78%	7.67%
Return on Capital Employed (ROCE)	10.80%	10.60%	10.60%	9.60%	11.40%	11.40%
Leverage & Solvency Ratios
Debt/Equity	0.73	0.86	0.91	1.15	1.23	1.28
Debt/EBITDA	3.05	3.40	3.61	4.72	4.09	4.13
Debt/FCF	5.70	7.05	4.77	13.92	9.86	6.18
Liquidity Ratios
Current Ratio	0.70	0.74	0.65	0.69	0.68	0.68
Quick Ratio	0.24	0.27	0.24	0.26	0.28	0.31
Efficiency Ratios
Asset Turnover	0.52	0.52	0.51	0.49	0.51	0.50
Inventory Turnover	3.38	3.49	3.37	3.23	3.44	3.60
Yield & Distribution Ratios
Earnings Yield	4.36%	3.75%	3.91%	2.99%	3.29%	3.00%
FCF Yield	4.09%	3.08%	5.60%	1.71%	2.40%	3.28%
Dividend Yield	2.74%	2.28%	2.60%	1.93%	1.75%	1.50%
Payout Ratio	61.19%	57.20%	61.49%	58.17%	48.10%	44.17%
Buyback Yield	0.07%	0.07%	0.15%	-0.11%	-0.30%	-0.37%
Total Return	2.82%	2.35%	2.75%	1.82%	1.45%	1.13%

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 Financial Ratios

What is McCormick & Company, Incorporated's P/E ratio?

McCormick & Company, Incorporated's P/E ratio was 22.94 for fiscal 2025 (period ended Nov 30, 2025). It was 26.67 a year earlier.

What is McCormick & Company, Incorporated's return on equity?

McCormick & Company, Incorporated's return on equity (ROE) was 14.2% for fiscal 2025 (period ended Nov 30, 2025). It was 15.2% a year earlier.

What is McCormick & Company, Incorporated's debt-to-equity ratio?

McCormick & Company, Incorporated's debt-to-equity ratio was 0.73 for fiscal 2025 (period ended Nov 30, 2025). It was 0.86 a year earlier.

What is return on equity (ROE)?

Return on equity is net income divided by shareholders' equity. It measures how much profit a company generates from the capital its shareholders have invested. Full definition