McCormick & Company Incorporated (MKC)

Return on total capital

Nov 30, 2025 Nov 30, 2024 Nov 30, 2023 Nov 30, 2022 Nov 30, 2021
Earnings before interest and tax (EBIT) US$ in thousands 1,109,200 1,107,700 963,000 961,900 1,032,400
Long-term debt US$ in thousands — — — — —
Total stockholders’ equity US$ in thousands 5,736,500 5,291,000 5,060,700 4,680,500 4,411,000
Return on total capital 19.34% 20.94% 19.03% 20.55% 23.41%

November 30, 2025 calculation

Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $1,109,200K ÷ ($—K + $5,736,500K)
= 19.34%