Mccormick & Co
Mccormick & Co returns on capital
Annual and trailing 12-month returns on invested capital, equity and assets.
ROIC
% · Annual / TTM
ROCE
% · Annual / TTM
ROIIC
% · Annual / TTM
ROE
% · Annual / TTM
ROA
% · Annual / TTM
ROIC − WACC
Percentage points · Scenario
Quarterly data
| Fiscal period | Ended | ROIC% | ROCE% | ROIIC% | ROE% | ROA% | ROIC − WACCPercentage points |
|---|---|---|---|---|---|---|---|
| FY 2026 Q2 | May 31, 2026 | 7.64% | 9.64% | 0.74% | 25.7% | 10.91% | -0.1 pp |
| FY 2026 Q1 | Feb 28, 2026 | 7.6% | 9.45% | -0.37% | 26.5% | 11.24% | -0.1 pp |
| FY 2025 Q4 | Nov 30, 2025 | 8.79% | 10.54% | -1% | 14.32% | 6.01% | 1.1 pp |
| FY 2025 Q3 | Aug 31, 2025 | 8.38% | 10.56% | -6.4% | 13.92% | 5.88% | 0.7 pp |
| FY 2025 Q2 | May 31, 2025 | 8.45% | 10.63% | 9.34% | 14.19% | 5.93% | 0.8 pp |
| FY 2025 Q1 | Feb 28, 2025 | 8.8% | 10.67% | 62.27% | 14.73% | 6.09% | 1.1 pp |
| FY 2024 Q4 | Nov 30, 2024 | 8.97% | 10.63% | 62.73% | 15.23% | 6.08% | 1.3 pp |
| FY 2024 Q3 | Aug 31, 2024 | 8.67% | 10.58% | 84.05% | 15.14% | 6.05% | 1 pp |
| FY 2024 Q2 | May 31, 2024 | 8.27% | 9.89% | — | 14.41% | 5.71% | 0.6 pp |
| FY 2024 Q1 | Feb 29, 2024 | 8% | 10.08% | — | 14.01% | 5.42% | 0.3 pp |
| FY 2023 Q4 | Nov 30, 2023 | 7.99% | 9.9% | — | 13.97% | 5.24% | 0.3 pp |
| FY 2023 Q3 | Aug 31, 2023 | 7.49% | 9.48% | 43.91% | 13.43% | 4.99% | -0.2 pp |
| FY 2023 Q2 | May 31, 2023 | 7.41% | 9.09% | -52.18% | 14.68% | 5.41% | -0.3 pp |
| FY 2023 Q1 | Feb 28, 2023 | 6.95% | 8.67% | -135.99% | 14.07% | 5.1% | -0.8 pp |
| FY 2022 Q4 | Nov 30, 2022 | 7.25% | 8.91% | -70.93% | 15% | 5.24% | -0.4 pp |
| FY 2022 Q3 | Aug 31, 2022 | 7.22% | 8.97% | -766.68% | 15.46% | 5.37% | -0.5 pp |
| FY 2022 Q2 | May 31, 2022 | 7.73% | 8.94% | -33.4% | 15.31% | 5.3% | 0 pp |
| FY 2022 Q1 | Feb 28, 2022 | 8.3% | 9.8% | -12.77% | 17.11% | 5.84% | 0.6 pp |
| FY 2021 Q4 | Nov 30, 2021 | 8.96% | 10.84% | -0.48% | 18.12% | 6.04% | 1.3 pp |
| FY 2021 Q3 | Aug 31, 2021 | 9.09% | 10.88% | -1.16% | 18.24% | 6.39% | 1.4 pp |
| FY 2021 Q2 | May 31, 2021 | 9.1% | 10.52% | -1.12% | 18.87% | 6.43% | 1.4 pp |
| FY 2021 Q1 | Feb 28, 2021 | 9.36% | 11.15% | 2.96% | 19.83% | 6.6% | 1.7 pp |
| FY 2020 Q4 | Nov 30, 2020 | 9.99% | 11.59% | 3.46% | 20.28% | 6.66% | 2.3 pp |
| FY 2020 Q3 | Aug 31, 2020 | 10.28% | 11.88% | — | 20.54% | 7.16% | 2.6 pp |
| FY 2020 Q2 | May 31, 2020 | 10.28% | 11.56% | — | 21.25% | 7.17% | 2.6 pp |
| FY 2020 Q1 | Feb 29, 2020 | 9.66% | 11.36% | — | 20.29% | 6.75% | 2 pp |
| FY 2019 Q4 | Nov 30, 2019 | 10.04% | 11.63% | — | 21.25% | 6.82% | 2.3 pp |
| FY 2019 Q3 | Aug 31, 2019 | 9.77% | 11.38% | — | — | 6.81% | 2.1 pp |
| FY 2019 Q2 | May 31, 2019 | 9.7% | 11.03% | — | — | 6.64% | 2 pp |
| FY 2019 Q1 | Feb 28, 2019 | 9.41% | 10.85% | — | — | 6.4% | 1.7 pp |
| FY 2018 Q4 | Nov 30, 2018 | — | 10.82% | — | — | 9.04% | — |
| FY 2018 Q3 | Aug 31, 2018 | — | 10.26% | — | — | 8.67% | — |
| FY 2018 Q2 | May 31, 2018 | — | 13.97% | — | — | 10.88% | — |
| FY 2018 Q1 | Feb 28, 2018 | — | 13.07% | — | — | 10.67% | — |
| FY 2017 Q4 | Nov 30, 2017 | 10.09% | 12.06% | 1.11% | — | 6.36% | 2.4 pp |
| FY 2017 Q3 | Aug 31, 2017 | 8.71% | 10.89% | 0.22% | — | 6.08% | 1 pp |
| FY 2017 Q2 | May 31, 2017 | 14.64% | 20.29% | 26.07% | — | 10.06% | 6.9 pp |
| FY 2017 Q1 | Feb 28, 2017 | 15% | 20.44% | 21% | — | 10.32% | 7.3 pp |
| FY 2016 Q4 | Nov 30, 2016 | 15.99% | 19.78% | — | — | 10.33% | 8.3 pp |
| FY 2016 Q3 | Aug 31, 2016 | 14.66% | 19.63% | 59.63% | — | 10.08% | 7 pp |
| FY 2016 Q2 | May 31, 2016 | 13.88% | 18.87% | 5.66% | — | 9.62% | 6.2 pp |
| FY 2016 Q1 | Feb 29, 2016 | 14.23% | 18.58% | -1.3% | — | 9.87% | 6.5 pp |
| FY 2015 Q4 | Nov 30, 2015 | 13.47% | 16.72% | — | — | 9% | 5.8 pp |
| FY 2015 Q3 | Aug 31, 2015 | 12.6% | 16.53% | — | — | 8.93% | 4.9 pp |
| FY 2015 Q2 | May 31, 2015 | 13.61% | 17.19% | — | — | 9.69% | 5.9 pp |
| FY 2015 Q1 | Feb 28, 2015 | 13.96% | 17.89% | — | — | 9.87% | 6.3 pp |
| FY 2014 Q4 | Nov 30, 2014 | 14.48% | 18.06% | — | — | 9.88% | 6.8 pp |
| FY 2014 Q3 | Aug 31, 2014 | 13.66% | 17.26% | 2.78% | — | 9.51% | 6 pp |
| FY 2014 Q2 | May 31, 2014 | 13.34% | 17.81% | -2.9% | — | 9.31% | 5.6 pp |
| FY 2014 Q1 | Feb 28, 2014 | 13.45% | 17.63% | -5.48% | — | 9.29% | 5.7 pp |
| FY 2013 Q4 | Nov 30, 2013 | 13.64% | 17.3% | -6.59% | — | 9.03% | 5.9 pp |
| FY 2013 Q3 | Aug 31, 2013 | 14.23% | 17.87% | 9.92% | — | 9.69% | 6.5 pp |
| FY 2013 Q2 | May 31, 2013 | 14.43% | 18.93% | 17.87% | — | 9.97% | 6.7 pp |
| FY 2013 Q1 | Feb 28, 2013 | 14.6% | 18.97% | — | — | 10.02% | 6.9 pp |
| FY 2012 Q4 | Nov 30, 2012 | 15.14% | 19.05% | — | — | 9.88% | 7.4 pp |
| FY 2012 Q3 | Aug 31, 2012 | 14.64% | 18.3% | 13.47% | — | 10.06% | 6.9 pp |
| FY 2012 Q2 | May 31, 2012 | 14.59% | 19.08% | 0.86% | — | 10.02% | 6.9 pp |
| FY 2012 Q1 | Feb 29, 2012 | 14.12% | 18.73% | — | — | 9.84% | 6.4 pp |
| FY 2011 Q4 | Nov 30, 2011 | 15.01% | 19.03% | 0.71% | — | 9.97% | 7.3 pp |
| FY 2011 Q3 | Aug 31, 2011 | 15.19% | 19.26% | — | — | 10.77% | 7.5 pp |
| FY 2011 Q2 | May 31, 2011 | — | — | — | — | — | — |
| FY 2011 Q1 | Feb 28, 2011 | — | — | — | — | — | — |
| FY 2010 Q4 | Nov 30, 2010 | — | — | — | — | — | — |
| FY 2010 Q3 | Aug 31, 2010 | — | — | — | — | — | — |
Sources and calculations
Financial inputs from company filings. Last checked Oct 18, 2026. A dash means missing inputs or an undefined calculation.
Period changes use the preceding fiscal quarter or year. Percentage changes divide by the absolute prior value; a zero or missing baseline has no percentage change. Percentage metrics show changes in percentage points.
Quarterly returns use trailing 12-month earnings and period-end balances averaged with the same fiscal quarter one year earlier. NOPAT uses the reported effective tax rate only when pretax profit is positive and the rate is between 0 and 100%. WACC starts at 7.7%, rounded from the US nonfinancial market · generic proxy benchmark in NYU Stern · January 2026. It is an editable US sector proxy applied across history, not a company estimate; foreign reporting currencies also need a currency-specific assessment.
Market prices: Yahoo Finance · MKC, USD. Latest completed close Sep 25, 2026. Price data retrieved Sep 28, 2026.
- ROIC
- NOPAT / average invested capital × 100. NOPAT = operating income × (1 − effective tax rate). Invested capital = equity including noncontrolling interests + debt − cash and equivalents. Average uses period end and one year earlier.
- ROCE
- Operating income / average (assets − current liabilities) × 100, using period end and one year earlier.
- ROIIC
- Year-over-year change in annual/TTM NOPAT / positive year-over-year change in invested capital × 100. Capital reductions and missing inputs yield unavailable values.
- ROE
- Earnings attributable to owners / average equity attributable to owners × 100, using period end and one year earlier.
- ROA
- Net income / average total assets × 100, using period end and one year earlier.
- ROIC − WACC
- ROIC less your WACC assumption, in percentage points. The same scenario rate is applied across history; it is not a reported or historical company WACC.