McCormick & Company Incorporated (MKC)

Financial leverage ratio

Nov 30, 2025 Nov 30, 2024 Nov 30, 2023 Nov 30, 2022 Nov 30, 2021
Total assets US$ in thousands 13,200,400 13,070,300 12,862,300 13,124,900 12,905,800
Total stockholders’ equity US$ in thousands 5,736,500 5,291,000 5,060,700 4,680,500 4,411,000
Financial leverage ratio 2.30 2.47 2.54 2.80 2.93

November 30, 2025 calculation

Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $13,200,400K ÷ $5,736,500K
= 2.30