McCormick & Company Incorporated (MKC) - Total Liabilities
Based on the latest financial reports, McCormick & Company Incorporated (MKC) has total liabilities worth $8.79 Billion USD as of February 2026. Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities. Also explore net asset growth rate of McCormick & Company Incorporated to track the company's year-over-year net asset growth rate.
McCormick & Company Incorporated - Total Liabilities Trend (1985–2025)
This chart illustrates how McCormick & Company Incorporated's total liabilities have evolved over time, based on quarterly financial data. See McCormick & Company Incorporated free cash flow ratio to measure how efficiently the company converts operating cash flow to free cash.
McCormick & Company Incorporated Competitors by Total Liabilities
The table below lists competitors of McCormick & Company Incorporated ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Yunnan Baiyao Group Co Ltd
SHE:000538
|
China | CN¥13.53 Billion |
|
ZTO Express (Cayman) Inc
NYSE:ZTO
|
USA | $23.90 Billion |
|
Straumann Holding AG
SW:STMN
|
Switzerland | CHF1.65 Billion |
|
SK Holdings 1p Pref
KO:03473K
|
Korea | ₩127.83 Trillion |
|
Guangdong Wens Foodstuff Group Co Ltd
SHE:300498
|
China | CN¥48.97 Billion |
|
The Siam Commercial Bank Public Company Limited
BK:SCB-R
|
Thailand | ฿3.02 Trillion |
|
NAT.B.GR. SPONS.ADR/1
F:NAG
|
Germany | €69.80 Billion |
|
CNPC Capital Co Ltd
SHE:000617
|
China | CN¥925.27 Billion |
Liability Composition Analysis (1985–2025)
This chart breaks down McCormick & Company Incorporated's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted. For the full company profile including market capitalisation, see MKC market cap.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 0.76 | Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities) |
| Quick Ratio | N/A | More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities) |
| Cash Ratio | 0.05 | Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities) |
| Debt to Equity | 1.26 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.54 | Portion of assets financed with debt (Total Liabilities ÷ Total Assets) |
Liability Trends Comparison
This chart compares key liability metrics across different time periods, showing how McCormick & Company Incorporated's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for McCormick & Company Incorporated (1985–2025)
The table below shows the annual total liabilities of McCormick & Company Incorporated from 1985 to 2025.
| Year | Total Liabilities | Change |
|---|---|---|
| 2025-11-30 | $7.43 Billion | -4.14% |
| 2024-11-30 | $7.75 Billion | -0.33% |
| 2023-11-30 | $7.78 Billion | -7.68% |
| 2022-11-30 | $8.43 Billion | -0.64% |
| 2021-11-30 | $8.48 Billion | +4.06% |
| 2020-11-30 | $8.15 Billion | +18.02% |
| 2019-11-30 | $6.91 Billion | -2.39% |
| 2018-11-30 | $7.07 Billion | -9.48% |
| 2017-11-30 | $7.81 Billion | +160.69% |
| 2016-11-30 | $3.00 Billion | +7.61% |
| 2015-11-30 | $2.79 Billion | +6.94% |
| 2014-11-30 | $2.60 Billion | +4.11% |
| 2013-11-30 | $2.50 Billion | +1.49% |
| 2012-11-30 | $2.47 Billion | -0.17% |
| 2011-11-30 | $2.47 Billion | +26.18% |
| 2010-11-30 | $1.96 Billion | -4.27% |
| 2009-11-30 | $2.04 Billion | -5.58% |
| 2008-11-30 | $2.17 Billion | +27.17% |
| 2007-11-30 | $1.70 Billion | +4.37% |
| 2006-11-30 | $1.63 Billion | +12.99% |
| 2005-11-30 | $1.44 Billion | -0.37% |
| 2004-11-30 | $1.45 Billion | +5.91% |
| 2003-11-30 | $1.37 Billion | +2.21% |
| 2002-11-30 | $1.34 Billion | +2.26% |
| 2001-11-30 | $1.31 Billion | +0.64% |
| 2000-11-30 | $1.30 Billion | +61.28% |
| 1999-11-30 | $806.40 Million | -7.42% |
| 1998-11-30 | $871.00 Million | +0.92% |
| 1997-11-30 | $863.10 Million | -1.54% |
| 1996-11-30 | $876.60 Million | -19.95% |
| 1995-11-30 | $1.09 Billion | +1.51% |
| 1994-11-30 | $1.08 Billion | +27.45% |
| 1993-11-30 | $846.40 Million | +22.14% |
| 1992-11-30 | $693.00 Million | +7.81% |
| 1991-11-30 | $642.80 Million | +10.35% |
| 1990-11-30 | $582.50 Million | +12.39% |
| 1989-11-30 | $518.30 Million | +8.84% |
| 1988-11-30 | $476.20 Million | +8.80% |
| 1987-11-30 | $437.70 Million | +22.40% |
| 1986-11-30 | $357.60 Million | +11.23% |
| 1985-11-30 | $321.50 Million | -- |
About McCormick & Company Incorporated
McCormick & Company, Incorporated manufactures, markets, and distributes herbs, spices, seasoning mixes, condiments, and other flavorful products to the food industry. It operates in two segments, Consumer and Flavor Solutions. The Consumer segment offers spices, herbs, and seasonings, as well as condiments and sauces, and desserts. This segment markets its products under the McCormick, French's,… Read more