Latest period
$4.91B
YoY change
-11.4%
5Y CAGR
-4.4%
Peak year (2021)
$5.39B
Latest annual
$4.00B
Total Debt history chart for McCormick & Company (MKC) from 1985 to 2025
Latest: $4.00B
Total Debt growth chart for McCormick & Company (MKC) from 1985 to 2025
Latest: -11.4%
Total Debt history table for McCormick & Company (MKC) from 1985 to 2025
| 2025 | $4.00B | -11.4% | −$512.20M | ||
| 2024 | $4.51B | -1.8% | −$82.80M | ||
| 2023 | $4.59B | -13.8% | −$734.40M | ||
| 2022 | $5.33B | -1.2% | −$63.10M | ||
| 2021 | $5.39B | +7.6% | +$380.90M | ||
| 2020 | $5.01B | +15.8% | +$683.70M | ||
| 2019 | $4.32B | -7.9% | −$372.20M | ||
| 2018 | $4.70B | -6.6% | −$330.70M | ||
| 2017 | $5.03B | +247.4% | +$3.58B | ||
| 2016 | $1.45B | +3.8% | +$52.80M | ||
| 2015 | $1.39B | +8.5% | +$109.50M | ||
| 2014 | $1.28B | +4.2% | +$51.80M | ||
| 2013 | $1.23B | +5.2% | +$61.30M | ||
| 2012 | $1.17B | -6.4% | −$80.30M | ||
| 2011 | $1.25B | +42.2% | +$371.80M | ||
| 2010 | $880.30M | -11.2% | −$110.80M | ||
| 2009 | $991.10M | -20.0% | −$248.10M | ||
| 2008 | $1.24B | +71.4% | +$516.10M | ||
| 2007 | $723.10M | +11.1% | +$72.10M | ||
| 2006 | $651.00M | +14.2% | +$81.00M | ||
| 2005 | $570.00M | -10.7% | −$68.14M | ||
| 2004 | $638.14M | +3.0% | +$18.48M | ||
| 2003 | $619.66M | +5.4% | +$31.52M | ||
| 2002 | $588.14M | -11.5% | −$76.76M | ||
| 2001 | $664.90M | -6.6% | −$47.20M | ||
| 2000 | $712.10M | +108.2% | +$370.10M | ||
| 1999 | $342.00M | -17.4% | −$72.00M | ||
| 1998 | $414.00M | +4.1% | +$16.20M | ||
| 1997 | $397.80M | -0.6% | −$2.40M | ||
| 1996 | $400.20M | -39.0% | −$256.20M | ||
| 1995 | $656.40M | +8.3% | +$50.10M | ||
| 1994 | $606.30M | +32.8% | +$149.80M | ||
| 1993 | $456.50M | +31.3% | +$108.80M | ||
| 1992 | $347.70M | +8.7% | +$27.70M | ||
| 1991 | $320.00M | +16.9% | +$46.20M | ||
| 1990 | $273.80M | +4.9% | +$12.80M | ||
| 1989 | $261.00M | +10.2% | +$24.20M | ||
| 1988 | $236.80M | +9.8% | +$21.20M | ||
| 1987 | $215.60M | +39.9% | +$61.50M | ||
| 1986 | $154.10M | +1.9% | +$2.80M | ||
| 1985 | $151.30M | — | — |
- 2025$4.00B-11.4%
- 2024$4.51B-1.8%
- 2023$4.59B-13.8%
- 2022$5.33B-1.2%
- 2021$5.39B+7.6%
- 2020$5.01B+15.8%
- 2019$4.32B-7.9%
- 2018$4.70B-6.6%
- 2017$5.03B+247.4%
- 2016$1.45B+3.8%
- 2015$1.39B+8.5%
- 2014$1.28B+4.2%
- 2013$1.23B+5.2%
- 2012$1.17B-6.4%
- 2011$1.25B+42.2%
- 2010$880.30M-11.2%
- 2009$991.10M-20.0%
- 2008$1.24B+71.4%
- 2007$723.10M+11.1%
- 2006$651.00M+14.2%
- 2005$570.00M-10.7%
- 2004$638.14M+3.0%
- 2003$619.66M+5.4%
- 2002$588.14M-11.5%
- 2001$664.90M-6.6%
- 2000$712.10M+108.2%
- 1999$342.00M-17.4%
- 1998$414.00M+4.1%
- 1997$397.80M-0.6%
- 1996$400.20M-39.0%
- 1995$656.40M+8.3%
- 1994$606.30M+32.8%
- 1993$456.50M+31.3%
- 1992$347.70M+8.7%
- 1991$320.00M+16.9%
- 1990$273.80M+4.9%
- 1989$261.00M+10.2%
- 1988$236.80M+9.8%
- 1987$215.60M+39.9%
- 1986$154.10M+1.9%
- 1985$151.30M—
Total Debt values are taken from McCormick & Company's reported balance sheets (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Total Debt at McCormick & Company (MKC)
According to McCormick & Company's latest reported financial statements, the company's latest reported total debt is $4.91B. Total debt is the sum of short-term and long-term interest-bearing borrowings on the balance sheet (notes, bonds, term loans, lease liabilities). Useful for leverage and refinancing risk — compare with cash on hand for net leverage, and total liabilities for the broader obligations picture.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
The 2025 reading of McCormick & Company (MKC) total debt is $4.00B – declined 11.4% year-over-year.
Across 2020–2025 (5 years), McCormick & Company total debt produced a CAGR of -4.4% – with a net decline across the window.
The highest annual total debt of $5.39B was reported in 2021. The lowest in the available history was $151.30M in 1985.
McCormick & Company Total Debt by Year
McCormick & Company Total Debt 2025: $4.00B
McCormick & Company total debt in 2025 was $4.00B, declined 11.4% below 2024.
McCormick & Company Total Debt 2024: $4.51B
2024's total debt for McCormick & Company came in at $4.51B, edged down 1.8% below 2023.
McCormick & Company Total Debt 2023: $4.59B
McCormick & Company posted total debt of $4.59B in 2023, declined 13.8% below 2022.
McCormick & Company Total Debt 2022: $5.33B
In 2022, McCormick & Company reported total debt of $5.33B, edged down 1.2% below 2021.
McCormick & Company Total Debt 2021: $5.39B
McCormick & Company total debt in 2021 was $5.39B.
See more financial history for McCormick & Company (MKC).
Sector peers by Total Debt
Consumer Defensive peers of McCormick & Company (MKC), ranked by their latest total debt
| $67.09B | |
| $49.90B | |
| $48.84B | |
| $45.49B | |
| $35.46B | |
| $25.71B | |
| $8.17B | |
| $0.00 |
- $67.09B
- $49.90B
- $45.49B
- $35.46B
- $25.71B
- $8.17B
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