McCormick & Company Incorporated (MKC)

Return on total capital

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
Earnings before interest and tax (EBIT) (ttm) US$ in thousands 788,700 1,105,600 1,107,200 1,098,100 1,107,700 1,101,200 1,053,600 1,041,400 1,006,900 969,200 1,029,700 958,900 961,900 970,700 926,800 1,004,600 1,032,400 1,030,900 1,039,100 1,058,300
Long-term debt US$ in thousands — — — — — — — — — — — — — — — — — — — —
Total stockholders’ equity US$ in thousands 5,736,500 5,752,800 5,601,400 5,423,000 5,291,000 5,421,500 5,327,400 5,232,500 5,060,700 5,049,300 4,937,000 4,870,100 4,680,500 4,589,300 4,598,200 4,597,700 4,411,000 4,386,500 4,325,300 4,149,500
Return on total capital 13.75% 19.22% 19.77% 20.25% 20.94% 20.31% 19.78% 19.90% 19.90% 19.19% 20.86% 19.69% 20.55% 21.15% 20.16% 21.85% 23.41% 23.50% 24.02% 25.50%

November 30, 2025 calculation

Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $788,700K ÷ ($—K + $5,736,500K)
= 13.75%