McCormick Quarterly Balance Sheet
NYSE: MKCConsumer StaplesPackaged FoodsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
McCormick financial position
As of Aug 31, 2026, McCormick reported total assets of $16.65 billion, up 25.7% from a year earlier against total liabilities of $9.06 billion. Shareholders' equity stood at $7.00 billion, or 42.1% of assets. The company held $331.1 million in cash and equivalents against $5.02 billion of debt, a net debt position of $4.69 billion.
The current ratio (current assets divided by current liabilities) was 0.66, meaning short-term obligations exceed short-term assets. Debt-to-equity was 0.72.
Summary generated from market data by MetaCap's automated system. Methodology
McCormick balance sheet (quarterly)
| Quarter (USD) | Q3 20262026-08-31 | Q2 20262026-05-31 | Q1 20262026-02-28 | Q4 20252025-11-30 | Q3 20252025-08-31 | Q2 20252025-05-31 | Q1 20252025-02-28 | Q4 20242024-11-30 | Q3 20242024-08-31 | Q2 20242024-05-31 | Q1 20242024-02-29 | Q4 20232023-11-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 331.10M | 331.20M | 177.70M | 95.90M | 94.90M | 124.10M | 102.80M | 186.10M | 200.80M | 166.30M | 178.00M | 166.60M |
| Receivables | 831.50M | 709.40M | 829.20M | 628.90M | 668.70M | 584.50M | 516.90M | 587.40M | 660.90M | 598.50M | 567.50M | 587.50M |
| Inventory | 1.45B | 1.41B | 1.37B | 1.27B | 1.32B | 1.31B | 1.25B | 1.24B | 1.24B | 1.16B | 1.13B | 1.13B |
| Total Current Assets | 2.90B | 2.79B | 2.61B | 2.14B | 2.22B | 2.17B | 2.01B | 2.14B | 2.24B | 2.07B | 2.02B | 2.00B |
| Property, Plant & Equipment | 1.54B | 1.50B | 1.51B | 1.45B | 1.42B | 1.42B | 1.39B | 1.41B | 1.40B | 1.37B | 1.35B | 1.32B |
| Goodwill | 6.30B | 6.29B | 6.32B | 5.30B | 5.31B | 5.29B | 5.21B | 5.23B | 5.28B | 5.26B | 5.25B | 5.26B |
| Intangible Assets | 4.96B | 4.94B | 4.96B | 3.29B | 3.30B | 3.31B | 3.31B | 3.32B | 3.33B | 3.34B | 3.35B | 3.36B |
| Long-Term Investments | — | — | — | 132.90M | — | — | — | 130.50M | — | — | — | 115.00M |
| Total Assets | 16.65B | 16.48B | 16.35B | 13.20B | 13.25B | 13.19B | 12.90B | 13.07B | 13.20B | 12.99B | 12.89B | 12.86B |
| Accounts Payable | 1.48B | 1.52B | 1.39B | 1.26B | 1.20B | 1.18B | 1.16B | 1.24B | 1.23B | 1.21B | 1.13B | 1.12B |
| Short-Term Debt | 2.11B | 1.34B | 1.32B | 890.50M | 1.25B | 1.36B | 1.21B | 748.30M | 1.24B | 1.14B | 1.13B | 1.07B |
| Total Current Liabilities | 4.42B | 3.57B | 3.44B | 3.06B | 3.12B | 3.19B | 3.10B | 2.88B | 3.14B | 2.98B | 2.97B | 3.10B |
| Long-Term Debt | 2.91B | 3.60B | 3.60B | 3.11B | 3.10B | 3.10B | 3.10B | 3.59B | 3.34B | 3.33B | 3.33B | 3.34B |
| Total Liabilities | 9.06B | 8.90B | 8.79B | 7.43B | 7.46B | 7.56B | 7.45B | 7.75B | 7.75B | 7.63B | 7.63B | 7.78B |
| Shareholders' Equity | 7.00B | 7.00B | 6.98B | 5.74B | 5.75B | 5.60B | 5.42B | 5.29B | 5.42B | 5.33B | 5.23B | 5.06B |
| Retained Earnings | 4.81B | 4.84B | 4.82B | 3.82B | 3.84B | 3.74B | 3.69B | 3.54B | 3.58B | 3.48B | 3.41B | 3.25B |
| Total Debt | 5.02B | 4.93B | 4.92B | 4.00B | 4.36B | 4.45B | 4.31B | 4.34B | 4.59B | 4.46B | 4.46B | 4.41B |
| Net Cash (Debt) | -4.69B | -4.60B | -4.75B | -3.90B | -4.26B | -4.33B | -4.20B | -4.16B | -4.39B | -4.30B | -4.28B | -4.24B |
This table shows 12 quarterly periods of McCormick's balance sheet, from Q3 2026 back to Q4 2023, 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?