Is it safe?
Can MKC-V take a bad year?
McCormick & Company, Incorporated carries $4.60B of net debt at 3.38× EBITDA: a load its earnings can carry.
$4.60B
Net debt · as at Q2 2026 · between two and four years of EBITDA, normal for a stable business
- Net debt / EBITDA
- 3.38×
Net debt / EBITDA · 3.38× a year ago · the load is going up
- Altman Z-score
- 2.17
Altman Z-score · grey zone, between 1.8 and 3
- Interest cover
- 5.34×
Interest cover · operating profit covers the interest bill several times over
Details›
- Total debtQ2 2026
- $4.93B
- Cash and short-term investments
- $331M
- Net debt
- $4.60B
- EBITDA, trailing twelve months
- $1.36B
- Operating profit, trailing twelve months
- $1.10B
- Debt / equity
- 0.65×
- Total debt / EBITDA
- 3.63×
- Annualised volatilitytwo years of daily moves
- 27%
- Worst drawdown on file
- −52%
- Below its 52-week high
- −23%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.