McCormick Financial Ratios
NYSE: MKCConsumer StaplesPackaged FoodsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
McCormick ratio analysis
McCormick earned a net margin of 11.5% in FY 2025, down from 11.7% a year earlier. Gross margin was 37.9% compared with a median of 39.5% over the prior 9 years. Return on equity reached 13.8%, meaning McCormick generated 0.14 dollars of profit for every dollar of shareholders' equity.
Debt-to-equity stood at 0.70 versus 0.82 the year before, and the current ratio was 0.70. At the end of FY 2025, MKC traded at 23.0 times earnings; across the 10 fiscal years shown, its year-end P/E ranged from 12.1 to 34.3, with a median of 26.5. Valuation ratios use the closing share price on each fiscal year-end date and diluted shares from the income statement; profitability and leverage ratios use reported annual figures. Current valuation multiples are on the statistics page.
Summary generated from market data by MetaCap's automated system. Methodology
McCormick financial ratios (annual)
| Ratio | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| P/E ratio (at fiscal year end) | 23.03 | 26.85 | 26.19 | 34.28 | 31.62 | 33.79 | 32.30 | 21.43 | 13.82 | 12.07 |
| Price / sales | 2.65 | 3.13 | 2.66 | 3.65 | 3.75 | 4.47 | 4.20 | 3.72 | 1.38 | 1.28 |
| Price / book | 3.16 | 3.98 | 3.50 | 4.95 | 5.37 | 6.38 | 6.51 | 6.22 | 2.54 | 3.44 |
| Gross margin | 37.9% | 38.5% | 37.6% | 35.8% | 39.5% | 41.1% | 40.1% | 39.5% | 37.9% | 41.5% |
| Operating margin | 15.7% | 15.8% | 14.5% | 13.6% | 16.1% | 17.8% | 17.9% | 16.8% | 14.8% | 14.5% |
| Net margin | 11.5% | 11.7% | 10.2% | 10.7% | 12.0% | 13.3% | 13.1% | 17.6% | 10.1% | 10.7% |
| Free cash flow margin | 10.8% | 9.6% | 14.6% | 6.1% | 8.7% | 14.6% | 14.5% | 12.3% | 13.4% | 11.4% |
| Return on equity (ROE) | 13.8% | 14.9% | 13.4% | 14.6% | 17.1% | 19.0% | 20.4% | 29.4% | 18.6% | 28.8% |
| Return on assets (ROA) | 6.0% | 6.0% | 5.3% | 5.2% | 5.9% | 6.2% | 6.8% | 9.1% | 4.6% | 10.2% |
| Debt / equity | 0.70 | 0.82 | 0.87 | 1.10 | 1.20 | 1.25 | 1.26 | 1.48 | 1.96 | 0.88 |
| Current ratio | 0.70 | 0.74 | 0.65 | 0.70 | 0.68 | 0.68 | 0.72 | 0.74 | 0.83 | 1.00 |
| Revenue growth | 1.7% | 0.9% | 4.9% | 0.5% | 12.8% | 4.7% | 0.8% | 12.1% | 7.2% | 2.7% |
| EPS growth | 0.3% | 15.9% | 0.0% | -10.0% | 0.7% | 6.1% | -25.1% | -5.9% | 0.8% | 18.6% |