McCormick & Company balance sheet

At the end of fiscal 2025, McCormick & Company had total assets of $13.20bn, total liabilities of $7.43bn and shareholders' equity of $5.74bn. It held $95.9m in cash against $4.00bn of debt: net debt of $3.90bn.

Balance sheet

US$ billions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

McCormick & Company: balance sheet, annual
Fiscal year	2009Nov 2009	2010Nov 2010	2011Nov 2011	2012Nov 2012	2013Nov 2013	2014Nov 2014	2015Nov 2015	2016Nov 2016	2017Nov 2017	2018Nov 2018	2019Nov 2019	2020Nov 2020	2021Nov 2021	2022Nov 2022	2023Nov 2023	2024Nov 2024	2025Nov 2025	LTMAug 2026
Cash and equivalents	0.0	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.2	0.1	0.2	0.4	0.4	0.3	0.2	0.2	0.1	0.3
Receivables	0.4	0.4	0.4	0.5	0.5	0.5	0.5	0.5	0.6	0.5	0.5	0.5	0.5	0.6	0.6	0.6	0.6	0.8
Inventory	—	—	—	—	—	—	—	0.8	0.8	0.8	0.8	1.0	1.2	1.3	1.1	1.2	1.3	—
Total current assets	1.0	1.0	1.2	1.3	1.4	1.4	1.4	1.4	1.6	1.5	1.6	2.1	2.2	2.4	2.0	2.1	2.1	2.9
Goodwill	1.5	1.4	1.7	1.7	1.8	1.7	1.8	1.8	4.5	4.5	4.5	5.0	5.3	5.2	5.3	5.2	5.3	6.3
Total assets	3.4	3.4	4.1	4.2	4.4	4.4	4.5	4.6	10.4	10.3	10.4	12.1	12.9	13.1	12.9	13.1	13.2	16.7
Total current liabilities	0.8	0.8	1.0	1.2	1.1	1.1	1.2	1.4	1.9	2.0	2.2	3.0	3.2	3.4	3.1	2.9	3.1	4.4
Short-term debt	0.0	0.1	0.0	0.3	0.0	0.0	0.2	0.0	0.3	0.1	0.1	0.3	0.8	0.3	0.8	0.3	0.5	0.8
Long-term debt	0.9	0.8	1.0	0.8	1.0	1.0	1.1	1.1	4.4	4.1	3.6	3.8	4.0	3.6	3.3	3.6	3.1	2.9
Total debt	1.0	0.9	1.3	1.2	1.2	1.3	1.4	1.4	5.0	4.7	4.3	4.9	5.3	5.1	4.4	4.3	4.0	5.0
Total liabilities	2.0	2.0	2.5	2.5	2.5	2.6	2.8	3.0	7.8	7.1	6.9	8.1	8.5	8.4	7.8	7.8	7.4	9.1
Shareholders' equity	1.3	1.5	1.6	1.7	1.9	1.8	1.7	1.6	2.6	3.2	3.4	3.9	4.4	4.7	5.1	5.3	5.7	7.0
Non-controlling interests and other (assets − liabilities − equity)	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	0.6
Net debt (negative = net cash)	1.0	0.8	1.2	1.1	1.2	1.2	1.3	1.3	4.8	4.6	4.2	4.5	4.9	4.8	4.2	4.2	3.9	4.7

US$ billions unless shown otherwise. Fiscal quarters.

McCormick & Company: balance sheet, quarterly
Quarter	2024 Q4Nov 2024	2025 Q1Feb 2025	2025 Q2May 2025	2025 Q3Aug 2025	2025 Q4Nov 2025	2026 Q1Feb 2026	2026 Q2May 2026	2026 Q3Aug 2026
Receivables	0.6	0.5	0.6	0.7	0.6	0.8	0.7	0.8
Inventory	1.2	—	—	—	1.3	—	—	—
Total current assets	2.1	2.0	2.2	2.2	2.1	2.6	2.8	2.9
Goodwill	5.2	5.2	5.3	5.3	5.3	6.3	6.3	6.3
Total assets	13.1	12.9	13.2	13.2	13.2	16.3	16.5	16.7
Total current liabilities	2.9	3.1	3.2	3.1	3.1	3.4	3.6	4.4
Short-term debt	0.3	0.8	0.8	0.8	0.5	0.0	0.0	0.8
Long-term debt	3.6	3.1	3.1	3.1	3.1	3.6	3.6	2.9
Total debt	3.9	3.9	3.9	3.9	3.6	3.6	3.6	3.7
Total liabilities	7.8	7.5	7.6	7.5	7.4	8.8	8.9	9.1
Shareholders' equity	5.3	5.4	5.6	5.8	5.7	7.0	7.0	7.0
Non-controlling interests and other (assets − liabilities − equity)	—	—	—	—	—	0.6	0.6	0.6

Balances at each fiscal year end (quarter end in the quarterly view). Total debt is short- plus long-term borrowings, including lease debt where the company reports it within debt. Where assets do not equal liabilities plus shareholders' equity, the difference (non-controlling interests, redeemable preferred shares) is shown on its own line.

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Figures from McCormick & Company's SEC filings (10-K and 10-Q), retrieved October 20, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to McCormick & Company.