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To view the full list of supported financial metrics please see Complete Metrics Listing.
Metrics similar to Debt / Equity in the popular category include:
A ratio that measures the level of the debt relative to the book value of common equity.
Debt / Equity is defined as:
Total Debt
(/) Total Common Equity
(=) Debt / Equity
Debt / Equity for McCormick is calculated as follows:
Total Debt [ 4.349 B]
(/) Total Common Equity [ 5 B ]
(=) Debt / Equity [ 87.0% ]
The tables below summarizes the trend in McCormick’s Debt / Equity over the last five years:
| Fiscal Year | Total Debt | Total Common Equity | Debt / Equity |
|---|---|---|---|
| 2020-11-30 | 4.228 B | 3.29 B | 128.5% |
| 2021-11-30 | 4.785 B | 3.892 B | 122.9% |
| 2022-11-30 | 5.205 B | 4.492 B | 115.9% |
| 2023-11-30 | 4.316 B | 4.65 B | 92.8% |
| 2024-11-30 | 4.349 B | 5 B | 87.0% |
The tables below summarizes the trend in McCormick’s Debt / Equity over the last four quarters:
| Fiscal Quarter | Total Debt | Total Common Equity | Debt / Equity |
|---|---|---|---|
| 2024-02-29 | 4.172 B | 4.841 B | 86.2% |
| 2024-05-31 | 4.12 B | 4.911 B | 83.9% |
| 2024-08-31 | 4.184 B | 4.905 B | 85.3% |
| 2024-11-30 | 4.349 B | 5 B | 87.0% |
The higher the ratio, the more debt the company has in its capital structure.
Read More on HBR: Debt / Equity Ratio
The chart above depicts the distribution of Debt / Equity for companies operating in the Consumer Staples Sector in the Developed economic region. Over 1,070 companies were considered in this analysis, and 1,035 had meaningful values. The average Debt / Equity of companies in the Sector is 58.7% with a standard deviation of 99.5%. Please note that Sector and Industry values may differ from other sources, as no adjustments have been made.
McCormick & Company Inc's Debt / Equity of 87.0% ranks in the 75.2% percentile for the Sector. The following table provides additional summary stats:
| Economic Risk Region | Developed |
| Total Constituents | 1,079 |
| Included Constituents | 1,035 |
| Min | -212.0% |
| Max | 679.8% |
| Median | 34.7% |
| Mean | 58.7% |
| Standard Deviation | 99.5% |
You can find companies with similar Debt / Equity using this stock screener.
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