McCormick Balance Sheet
NYSE: MKCConsumer StaplesPackaged FoodsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
McCormick financial position
At the end of fiscal 2025, McCormick reported total assets of $13.20 billion, up 1.0% from a year earlier against total liabilities of $7.43 billion. Shareholders' equity stood at $5.74 billion, or 43.5% of assets. The company held $95.9 million in cash and equivalents against $4.00 billion of debt, a net debt position of $3.90 billion.
The current ratio (current assets divided by current liabilities) was 0.70, meaning short-term obligations exceed short-term assets. Debt-to-equity was 0.70.
Summary generated from market data by MetaCap's automated system. Methodology
McCormick balance sheet (annual)
| Fiscal year (USD) | FY 20252025-11-30 | FY 20242024-11-30 | FY 20232023-11-30 | FY 20222022-11-30 | FY 20212021-11-30 | FY 20202020-11-30 | FY 20192019-11-30 | FY 20182018-11-30 | FY 20172017-11-30 | FY 20162016-11-30 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 95.90M | 186.10M | 166.60M | 334.00M | 351.70M | 423.60M | 155.40M | 96.60M | 186.80M | 118.40M |
| Receivables | 628.90M | 587.40M | 587.50M | 573.70M | 549.50M | 528.50M | 502.90M | 518.10M | 555.10M | 465.20M |
| Inventory | 1.27B | 1.24B | 1.13B | 1.34B | 1.18B | 1.03B | 801.20M | 786.30M | 793.30M | 756.30M |
| Total Current Assets | 2.14B | 2.14B | 2.00B | 2.39B | 2.20B | 2.08B | 1.55B | 1.48B | 1.62B | 1.42B |
| Property, Plant & Equipment | 1.45B | 1.41B | 1.32B | 1.20B | 1.14B | 1.03B | 952.60M | 941.50M | 809.10M | 669.40M |
| Goodwill | 5.30B | 5.23B | 5.26B | 5.21B | 5.34B | 4.99B | 4.51B | 4.53B | 4.49B | 1.77B |
| Intangible Assets | 3.29B | 3.32B | 3.36B | 3.39B | 3.45B | 3.24B | 2.85B | 2.87B | 3.07B | 424.90M |
| Long-Term Investments | 132.90M | 130.50M | 115.00M | 115.10M | 137.30M | 129.90M | 124.40M | 120.80M | 127.00M | 116.20M |
| Total Assets | 13.20B | 13.07B | 12.86B | 13.12B | 12.91B | 12.09B | 10.36B | 10.26B | 10.39B | 4.64B |
| Accounts Payable | 1.26B | 1.24B | 1.12B | 1.17B | 1.06B | 1.03B | 846.90M | 710.00M | 639.90M | 450.80M |
| Short-Term Debt | 890.50M | 748.30M | 1.07B | 1.51B | 1.31B | 1.15B | 698.40M | 643.50M | 583.20M | 393.20M |
| Total Current Liabilities | 3.06B | 2.88B | 3.10B | 3.43B | 3.22B | 3.05B | 2.15B | 2.00B | 1.95B | 1.42B |
| Long-Term Debt | 3.11B | 3.59B | 3.34B | 3.64B | 3.97B | 3.75B | 3.63B | 4.05B | 4.44B | 1.05B |
| Total Liabilities | 7.43B | 7.75B | 7.78B | 8.43B | 8.48B | 8.15B | 6.91B | 7.07B | 7.81B | 3.00B |
| Shareholders' Equity | 5.74B | 5.29B | 5.06B | 4.68B | 4.41B | 3.93B | 3.44B | 3.17B | 2.57B | 1.64B |
| Retained Earnings | 3.82B | 3.54B | 3.25B | 3.02B | 2.78B | 2.42B | 2.06B | 1.76B | 1.17B | 1.06B |
| Total Debt | 4.00B | 4.34B | 4.41B | 5.15B | 5.28B | 4.90B | 4.32B | 4.70B | 5.03B | 1.45B |
| Net Cash (Debt) | -3.90B | -4.16B | -4.24B | -4.82B | -4.93B | -4.48B | -4.17B | -4.60B | -4.84B | -1.33B |
This table shows 10 annual periods of McCormick's balance sheet, from FY 2025 back to FY 2016, across 18 line items including cash & equivalents, receivables, inventory. Values in USD; B = billions, M = millions. Fiscal periods follow MKC's reporting calendar. What is a balance sheet?