McCormick & Company Incorporated (MKC)
Quick ratio
| Nov 30, 2025 | Aug 31, 2025 | May 31, 2025 | Feb 28, 2025 | Nov 30, 2024 | Aug 31, 2024 | May 31, 2024 | Feb 29, 2024 | Nov 30, 2023 | Aug 31, 2023 | May 31, 2023 | Feb 28, 2023 | Nov 30, 2022 | Aug 31, 2022 | May 31, 2022 | Feb 28, 2022 | Nov 30, 2021 | Aug 31, 2021 | May 31, 2021 | Feb 28, 2021 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash | US$ in thousands | 95,900 | 94,900 | 124,100 | 102,800 | 186,100 | 200,800 | 166,300 | 178,000 | 166,600 | 154,700 | 127,400 | 356,800 | 334,000 | 343,900 | 325,800 | 338,400 | 351,700 | 312,600 | 291,800 | 256,100 |
| Short-term investments | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Receivables | US$ in thousands | 628,900 | 668,700 | 584,500 | 516,900 | 587,400 | 660,900 | 598,500 | 567,500 | 587,500 | 624,500 | 557,200 | 571,000 | 573,700 | 565,800 | 493,100 | 516,700 | 549,500 | 541,000 | 500,400 | 515,900 |
| Total current liabilities | US$ in thousands | 3,062,200 | 3,120,000 | 3,185,700 | 3,101,900 | 2,882,800 | 3,144,300 | 2,984,300 | 2,973,800 | 3,098,900 | 3,171,000 | 2,487,100 | 3,321,000 | 3,432,400 | 3,140,400 | 3,133,000 | 3,076,700 | 3,223,800 | 3,161,300 | 2,381,200 | 2,423,700 |
| Quick ratio | 0.24 | 0.24 | 0.22 | 0.20 | 0.27 | 0.27 | 0.26 | 0.25 | 0.24 | 0.25 | 0.28 | 0.28 | 0.26 | 0.29 | 0.26 | 0.28 | 0.28 | 0.27 | 0.33 | 0.32 |
November 30, 2025 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($95,900K
+ $—K
+ $628,900K)
÷ $3,062,200K
= 0.24
Peer comparison
Nov 30, 2025
Company name
Symbol
Quick ratio
McCormick & Company Incorporated
MKC
0.24
Bellring Brands LLC
BRBR
1.04
Campbell’s Co
CPB
0.05
Central Garden & Pet Company
CENT
2.24
Central Garden & Pet Company A
CENTA
2.24
Hormel Foods Corporation
HRL
1.08
J & J Snack Foods Corp
JJSF
1.65
Post Holdings Inc
POST
0.75
Simply Good Foods Co
SMPL
2.11