Last 47 quarters of trend data · Consumer Defensive · Packaged Foods
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
McCormick & Company, Incorporated's quarterly P/E stands at 4.7x, down 86.3% year-over-year — suggesting improving earnings relative to price. EV/EBITDA has compressed 18.0% YoY to 18.9x, reflecting multiple compression or accelerating EBITDA.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | 16.19 | 4.69 | 20.03 | 20.87 | 27.82 | 34.34 | 24.22 | 23.86 | 26.57 | 27.28 | 19.90 | 32.64 | 40.90 |
| — | -86.3% | -17.3% | -12.5% | +4.7% | +25.9% | +21.7% | -26.9% | -35.0% | -25.3% | -34.6% | +27.1% | -22.6% | |
| P/S Ratio | 1.86 | 2.54 | 2.45 | 2.74 | 2.94 | 3.46 | 2.91 | 3.18 | 2.97 | 2.84 | 2.48 | 3.30 | 3.52 |
| — | -26.4% | -15.7% | -13.9% | -1.0% | +21.6% | +17.2% | -3.6% | -15.9% | -13.1% | -25.9% | -7.5% | -13.8% | |
| P/B Ratio | 2.22 | 2.52 | 3.14 | 3.26 | 3.46 | 4.08 | 3.93 | 3.92 | 3.64 | 3.47 | 3.42 | 4.38 | 4.72 |
| — | -38.1% | -20.1% | -16.7% | -4.9% | +17.5% | +14.9% | -10.6% | -22.9% | -17.3% | -29.2% | -11.3% | -13.4% | |
| P/FCF | 17.22 | 259.15 | 9.89 | 13.72 | — | 70.82 | 8.06 | 52.00 | 51.40 | 59.68 | 8.68 | 28.15 | 25.02 |
| — | +265.9% | +22.6% | -73.6% | — | +18.7% | -7.2% | +84.7% | +105.4% | -51.2% | -53.1% | -84.9% | -68.7% | |
| EV / EBITDA | 12.58 | 18.86 | 14.07 | 16.00 | 19.66 | 22.99 | 17.64 | 18.87 | 20.42 | 20.16 | 15.75 | 22.45 | 25.99 |
| — | -18.0% | -20.2% | -15.2% | -3.7% | +14.1% | +11.9% | -16.0% | -21.4% | -21.5% | -27.9% | -7.8% | -28.9% | |
| EV / EBIT | 15.25 | 25.62 | 17.18 | 18.78 | 23.30 | 27.30 | 19.90 | 21.48 | 24.13 | 23.01 | 17.57 | 26.61 | 30.01 |
| — | -6.1% | -13.6% | -12.6% | -3.4% | +18.6% | +13.3% | -19.3% | -19.6% | -23.7% | -30.8% | +19.8% | -35.0% |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
McCormick & Company, Incorporated's operating margin was 13.5% in Q1 2026, down 4.5 pp QoQ and down 0.5 pp YoY. The trailing four-quarter average of 15.7% exceeds the current quarter, suggesting the latest result may reflect seasonal weakness or a one-off headwind.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 37.9% | 37.8% | 38.9% | 37.4% | 37.5% | 37.6% | 40.2% | 38.7% | 37.7% | 37.4% | 40.0% | 37.0% | 37.1% |
| — | +0.6% | -3.1% | -3.3% | -0.4% | +0.6% | +0.4% | +4.7% | +1.6% | +4.0% | +8.7% | +4.1% | +9.0% | |
| Operating Margin | 16.0% | 13.5% | 18.0% | 16.7% | 14.8% | 14.0% | 17.0% | 17.1% | 14.2% | 14.6% | 17.0% | 14.5% | 13.4% |
| — | -3.9% | +5.4% | -1.9% | +4.0% | -3.7% | +0.4% | +17.3% | +6.6% | +14.6% | +8.8% | -1.3% | +30.7% | |
| Net Margin | 11.5% | 54.6% | 12.2% | 13.1% | 10.5% | 10.1% | 12.0% | 13.3% | 11.2% | 10.4% | 12.5% | 10.1% | 9.2% |
| — | +439.7% | +2.3% | -1.6% | -5.9% | -2.4% | -4.3% | +31.5% | +22.3% | +16.6% | +14.2% | -27.7% | +18.9% |
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 14.2% | 15.3% | 3.9% | 4.0% | 3.2% | 3.0% | 4.0% | 4.1% | 3.5% | 3.2% | 4.3% | 3.4% | 3.1% |
| — | +409.0% | -1.8% | -4.3% | -9.0% | -6.1% | -7.5% | +21.7% | +12.4% | +10.6% | +8.2% | -29.8% | +20.3% | |
| ROA | 6.0% | 6.9% | 1.7% | 1.7% | 1.3% | 1.2% | 1.6% | 1.7% | 1.4% | 1.3% | 1.7% | 1.3% | 1.2% |
| — | +453.6% | +4.6% | +0.1% | -5.8% | -3.0% | -3.5% | +29.7% | +22.2% | +22.0% | +19.1% | -23.7% | +27.3% | |
| ROIC | 8.5% | 1.7% | 2.6% | 2.2% | 2.0% | 1.8% | 2.4% | 2.2% | 1.8% | 1.8% | 2.3% | 1.9% | 1.7% |
| — | -5.3% | +11.5% | +2.0% | +6.8% | -0.9% | +1.6% | +16.3% | +6.9% | +19.7% | +13.1% | +3.6% | +40.1% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
McCormick & Company, Incorporated's Debt/EBITDA ratio is 15.6x, up from 10.2x last quarter — elevated, raising questions about debt serviceability. The current ratio has improved 16.8% YoY to 0.76x, strengthening the short-term liquidity position.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.69 | 0.65 | 0.69 | 0.62 | 0.79 | 0.65 | 0.85 | 0.84 | 0.83 | 0.85 | 0.90 | 0.94 | 0.98 |
| — | -0.2% | -18.3% | -26.0% | -5.1% | -23.1% | -6.1% | -10.7% | -15.0% | -20.4% | -20.3% | -19.0% | -15.5% | |
| Debt / EBITDA | 3.02 | 15.57 | 10.21 | 10.29 | 14.71 | 12.73 | 12.61 | 13.45 | 15.33 | 15.96 | 13.27 | 15.99 | 17.97 |
| — | +22.3% | -19.0% | -23.5% | -4.1% | -20.2% | -4.9% | -15.9% | -14.7% | -24.3% | -21.1% | -15.0% | -30.8% | |
| Current Ratio | 0.70 | 0.76 | 0.70 | 0.71 | 0.68 | 0.65 | 0.74 | 0.71 | 0.69 | 0.68 | 0.65 | 0.67 | 0.85 |
| — | +16.8% | -5.9% | -0.1% | -1.9% | -4.5% | +14.9% | +6.4% | -18.0% | -6.4% | -7.1% | -12.7% | +14.0% | |
| Quick Ratio | 0.28 | 0.36 | 0.28 | 0.29 | 0.27 | 0.25 | 0.31 | 0.32 | 0.31 | 0.30 | 0.28 | 0.28 | 0.33 |
| — | +46.0% | -9.3% | -9.4% | -11.7% | -17.4% | +10.4% | +12.0% | -8.3% | -6.8% | -7.4% | -13.5% | +6.4% | |
| Interest Coverage | 5.65 | 4.91 | 6.89 | 5.94 | 5.01 | 4.85 | 6.01 | 5.60 | 4.66 | 4.86 | 5.89 | 4.78 | 4.49 |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 47 years · Updated daily
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Quick answers to the most common questions about buying MKC-V stock.
McCormick & Company, Incorporated's current P/E is 16.2x. The average P/E over the last 4 quarters is 18.4x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
McCormick & Company, Incorporated's current operating margin is 16.0%. Margins have been compressing over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking McCormick & Company, Incorporated's business trajectory between earnings reports.