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McCormick & Company, Incorporated (MKC.V) Ratios
McCormick & Company, Incorporated Ratios
MKC.V's free cash flow for Q3 2026 was $112.10M. For the 2026 fiscal year, MKC.V's free cash flow was decreased by $-56.00M and operating cash flow was $168.10M. See a summary of the company’s cash flow.
| Ratios | Nov 25 | Nov 24 | Nov 23 | Nov 22 | Nov 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 0.70 | 0.74 | 0.65 | 0.70 | 0.68 |
| Quick Ratio | 0.28 | 0.31 | 0.28 | 0.30 | 0.31 |
| Cash Ratio | 0.03 | 0.06 | 0.05 | 0.10 | 0.11 |
| Solvency Ratio | 0.14 | 0.13 | 0.11 | 0.10 | 0.11 |
| Operating Cash Flow Ratio | 0.31 | 0.32 | 0.40 | 0.19 | 0.26 |
| Short-Term Operating Cash Flow Coverage | 1.08 | 1.23 | 1.15 | 0.43 | 0.63 |
| Net Current Asset Value | $ -5.29B | $ -5.61B | $ -5.78B | $ -6.04B | $ -6.28B |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.30 | 0.34 | 0.36 | 0.41 | 0.42 |
| Debt-to-Equity Ratio | 0.70 | 0.85 | 0.91 | 1.14 | 1.22 |
| Debt-to-Capital Ratio | 0.41 | 0.46 | 0.48 | 0.53 | 0.55 |
| Long-Term Debt-to-Capital Ratio | 0.35 | 0.40 | 0.39 | 0.44 | 0.47 |
| Financial Leverage Ratio | 2.30 | 2.47 | 2.54 | 2.80 | 2.93 |
| Debt Service Coverage Ratio | 1.05 | 1.18 | 0.81 | 0.60 | 0.71 |
| Interest Coverage Ratio | 5.46 | 5.06 | 4.63 | 5.79 | 7.43 |
| Debt to Market Cap | 0.22 | 0.21 | 0.25 | 0.23 | 0.23 |
| Interest Debt Per Share | 15.61 | 17.57 | 17.88 | 20.41 | 20.67 |
| Net Debt to EBITDA | 2.91 | 3.28 | 3.67 | 4.29 | 4.13 |
| Profitability Margins | |||||
| Gross Profit Margin | 37.90% | 38.54% | 37.56% | 35.82% | 39.48% |
| EBIT Margin | 16.22% | 16.47% | 15.11% | 15.15% | 16.34% |
| EBITDA Margin | 19.60% | 19.58% | 18.11% | 18.31% | 19.29% |
| Operating Profit Margin | 15.65% | 15.77% | 14.45% | 13.60% | 16.07% |
| Pretax Profit Margin | 13.35% | 14.46% | 12.84% | 13.39% | 15.00% |
| Net Profit Margin | 11.54% | 11.73% | 10.22% | 10.74% | 11.95% |
| Continuous Operations Profit Margin | 10.48% | 11.73% | 10.22% | 10.74% | 11.95% |
| Net Income Per EBT | 86.46% | 81.08% | 79.59% | 80.18% | 79.67% |
| EBT Per EBIT | 85.26% | 91.72% | 88.80% | 98.49% | 93.39% |
| Return on Assets (ROA) | 5.98% | 6.03% | 5.29% | 5.20% | 5.85% |
| Return on Equity (ROE) | 13.76% | 14.90% | 13.45% | 14.57% | 17.12% |
| Return on Capital Employed (ROCE) | 10.56% | 10.41% | 9.86% | 8.91% | 10.48% |
| Return on Invested Capital (ROIC) | 7.63% | 7.86% | 7.07% | 6.18% | 7.36% |
| Return on Tangible Assets | 17.14% | 18.15% | 16.66% | 15.63% | 18.99% |
| Earnings Yield | 4.43% | 3.79% | 3.93% | 3.03% | 3.26% |
| Efficiency Ratios | |||||
| Receivables Turnover | 10.88 | 11.45 | 11.34 | 11.07 | 11.50 |
| Payables Turnover | 3.37 | 3.34 | 3.72 | 3.48 | 3.59 |
| Inventory Turnover | 3.34 | 3.33 | 3.69 | 3.04 | 3.23 |
| Fixed Asset Turnover | 4.72 | 3.73 | 4.31 | 4.48 | 4.95 |
| Asset Turnover | 0.52 | 0.51 | 0.52 | 0.48 | 0.49 |
| Working Capital Turnover Ratio | -8.20 | -7.30 | -6.22 | -6.12 | -6.35 |
| Cash Conversion Cycle | 34.64 | 32.05 | 32.82 | 48.12 | 43.02 |
| Days of Sales Outstanding | 33.56 | 31.89 | 32.19 | 32.97 | 31.75 |
| Days of Inventory Outstanding | 109.29 | 109.51 | 98.85 | 120.00 | 112.87 |
| Days of Payables Outstanding | 108.21 | 109.35 | 98.21 | 104.86 | 101.60 |
| Operating Cycle | 142.85 | 141.40 | 131.03 | 152.98 | 144.62 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | 3.58 | 3.43 | 4.61 | 2.43 | 3.10 |
| Free Cash Flow Per Share | 2.76 | 2.41 | 3.63 | 1.45 | 2.06 |
| Dividend Paid and CapEx Coverage Ratio | 1.37 | 1.27 | 1.81 | 0.99 | 1.29 |
| Capital Expenditure Coverage Ratio | 4.34 | 3.35 | 4.69 | 2.49 | 2.98 |
| Operating Cash Flow Coverage Ratio | 0.24 | 0.20 | 0.27 | 0.12 | 0.15 |
| Operating Cash Flow to Sales Ratio | 0.14 | 0.14 | 0.19 | 0.10 | 0.13 |
| Free Cash Flow Yield | 4.15% | 3.11% | 5.62% | 1.73% | 2.38% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | 22.59 | 26.36 | 25.39 | 33.07 | 30.62 |
| Price-to-Sales (P/S) Ratio | 2.61 | 3.09 | 2.60 | 3.55 | 3.67 |
| Price-to-Book (P/B) Ratio | 3.11 | 3.93 | 3.42 | 4.81 | 5.25 |
| Price-to-Free Cash Flow (P/FCF) Ratio | 24.08 | 32.16 | 17.78 | 57.84 | 42.09 |
| Price-to-Operating Cash Flow Ratio | 18.53 | 22.57 | 13.99 | 34.58 | 27.96 |
| Price-to-Earnings Growth (PEG) Ratio | 0.00 | 1.67 | 0.00 | -3.23 | 28.58 |
| Enterprise Value Multiple | 16.21 | 19.09 | 18.02 | 23.67 | 23.14 |
| Enterprise Value | 21.73B | 25.13B | 21.73B | 27.52B | 28.20B |
| EV to EBITDA | 16.21 | 19.09 | 18.02 | 23.67 | 23.14 |
| EV to Sales | 3.18 | 3.74 | 3.26 | 4.33 | 4.46 |
| EV to Free Cash Flow | 29.35 | 38.84 | 22.33 | 70.66 | 51.24 |
| EV to Operating Cash Flow | 22.58 | 27.26 | 17.57 | 42.24 | 34.04 |
| Tangible Book Value Per Share | -10.53 | -12.70 | -13.76 | -15.15 | -16.85 |
| Shareholders’ Equity Per Share | 21.36 | 19.71 | 18.86 | 17.45 | 16.50 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | 0.21 | 0.19 | 0.20 | 0.20 | 0.20 |
| Revenue Per Share | 25.48 | 25.04 | 24.82 | 23.68 | 23.64 |
| Net Income Per Share | 2.94 | 2.94 | 2.54 | 2.54 | 2.83 |
| Tax Burden | 0.86 | 0.81 | 0.80 | 0.80 | 0.80 |
| Interest Burden | 0.82 | 0.88 | 0.85 | 0.88 | 0.92 |
| Research & Development to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 |
| SG&A to Revenue | 0.22 | 0.23 | 0.22 | 0.21 | 0.22 |
| Stock-Based Compensation to Revenue | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Income Quality | 1.22 | 1.17 | 1.82 | 0.96 | 1.10 |
Currency in USD
