McCormick & Co Inc (MKC.V) bonds
MKC.VNYSEMiscellaneous Food Preparations & Kindred ProductsFiscal year ends November 30Also trades as MKC
Financials through Q3 FY2026, quarter ended Aug 31, 2026Last filing: 10-Q on Oct 1, 2026Score 21/3047% below fair value
$46.94+0.89 (+1.93%)
Close on Oct 29, 2026Market cap $12.61BP/E 8.5Yield 3.84%
Debt
Borrowings on the balance sheet, Aug 31, 2026
Total debt
$5.02B
$2.11B due within a year
Net debt
$4.69B
After $331.10M of cash
Implied interest rate
4.71%
FY2025 interest ÷ average debt
Interest coverage
5.5×
FY2025 operating income ÷ interest
Total debt by fiscal year
Long-term plus current debt, USD
Notes and loans outstanding
As tagged in McCormick's 10-Q for the period ended May 31, 2026
| Issue | Coupon | Matures | Amount issued |
|---|---|---|---|
| 0.90% Notes due Feb 2026 | 0.90% | 2026 | – |
| 1.85% Notes due Feb 2031 | 1.85% | 2031 | – |
| 2.50% notes due 4/15/2030(2) | 2.50% | – | – |
| 3.40% notes due 8/15/2027(1) | 3.40% | – | – |
| 4.20% notes due 8/15/2047 | 4.20% | – | – |
| 4.95% notes due 4/15/2033 | 4.95% | – | – |
| Senior Unsecured Notes | 4.15% | – | $500.00M |
Companies tag their debt differently: some list every note, others group notes by issuance year or by type, so the list may not add up to total debt. Notes that matured before today are hidden. Source: 10-Q.
Credit facilities
Revolving credit lines and other committed borrowing capacity
| Facility | Size |
|---|---|
| Bridge Commitment Letter | $15.70B |
| Five Year Credit Facility | $2.00B |
| Revolving Credit Facility | $2.00B |
| Revolving Credit Facility Expiring June 2026 | $1.50B |
| Term Loan Agreement | $2.00B |
| The Credit Facility | $500.00M |