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Apr 3, 2026·SEC
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McCormick & Company, Incorporated(MKC)Earnings, Financials & Key Ratios
MKC•NYSE
15.9× P/E·Price updated Jun 19, 2026
AboutMcCormick & Company, Incorporated manufactures, markets, and distributes spices, seasoning mixes, condiments, and other flavorful products to the food industry. It operates in two segments, Consumer and Flavor Solutions. The Consumer segment offers spices, herbs, and seasonings, as well as condiments and sauces, and desserts. This segment markets its products under the McCormick, French's, Frank's RedHot, Lawry's Cholula Hot Sauce, Gourmet Garden, Club House, and OLD BAY brands in the Americas; Ducros, Schwartz, Kamis, and Drogheria & Alimentari, and Vahiné brands in Europe, the Middle East, and Africa; McCormick and DaQiao brands in China; and McCormick, Aeroplane, and Gourmet Garden brands in Australia, as well as markets regional and ethnic brands, such as Zatarain's, Stubb's, Thai Kitchen, and Simply Asia. It also supplies its products under the private labels. This segment serves retailers comprising grocery, mass merchandise, warehouse clubs, discount and drug stores, and e-commerce retailers directly and indirectly through distributors and wholesale foodservice suppliers. The Flavor Solutions segment offers seasoning blends, spices and herbs, condiments, coating systems, and compound flavors to multinational food manufacturers and foodservice customers. It serves foodservice customers directly and indirectly through distributors. The company was founded in 1889 and is headquartered in Hunt Valley, Maryland.Show more
- Revenue$6.84B+1.7%
- EBITDA$1.32B+4.3%
- Net Income$789M+0.1%
- EPS (Diluted)2.93+0.3%
- Gross Margin37.9%-1.7%
- EBITDA Margin19.34%+2.5%
- Operating Margin15.96%+1.2%
- Net Margin11.54%-1.6%
- ROE14.24%-6.1%
MKC Key Insights
McCormick & Company, Incorporated (MKC) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Dividend Aristocrat: 42 years of consecutive increases
- ✓High quality earnings: Operating CF exceeds net income
- ✓Healthy dividend yield of 3.8%
- ✓Healthy 5Y average net margin of 11.2%
✗Weaknesses
- ✗Weak momentum: RS Rating 19 (bottom 19%)
- ✗Trading more than 30% below 52-week high
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
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MKC Price & Volume
McCormick & Company, Incorporated (MKC) stock price & volume — 10-year historical chart
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MKC Growth Metrics
McCormick & Company, Incorporated (MKC) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years4.76%
5 Years4.08%
3 Years2.51%
TTM1.73%
Profit CAGR
10 Years6.99%
5 Years1.1%
3 Years5%
TTM0.11%
EPS CAGR
10 Years6.51%
5 Years1.06%
3 Years5.15%
TTM0%
Return on Capital
10 Years11.68%
5 Years10.21%
3 Years10.42%
Last Year10.74%
MKC Recent Earnings
McCormick & Company, Incorporated (MKC) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 9/12 qtrs (75%)●Beat Revenue 8/12 qtrs (67%)
Q2 2026Latest
Mar 31, 2026Metric
Actual
Est
EPS
$0.66+11.1%
$0.59
Rev
$1.9B+4.9%
$1.8B
Q1 2026
Jan 22, 2026Metric
Actual
Est
EPS
$0.86-1.8%
$0.88
Rev
$1.9B+0.3%
$1.8B
Q4 2025
Oct 7, 2025Metric
Actual
Est
EPS
$0.85+2.5%
$0.83
Rev
$1.7B+0.6%
$1.7B
Q3 2025
Jun 26, 2025Metric
Actual
Est
EPS
$0.69+6.2%
$0.65
Rev
$1.7B+0.1%
$1.7B
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Mar 31, 2026 | $0.66vs $0.59+11.1% | $1.9Bvs $1.8B+4.9% |
| Q1 2026 | Jan 22, 2026 | $0.86vs $0.88-1.8% | $1.9Bvs $1.8B+0.3% |
| Q4 2025 | Oct 7, 2025 | $0.85vs $0.83+2.5% | $1.7Bvs $1.7B+0.6% |
| Q3 2025 | Jun 26, 2025 | $0.69vs $0.65+6.2% | $1.7Bvs $1.7B+0.1% |
Based on last 12 quarters of dataView full earnings history →
MKC Peer Comparison
McCormick & Company, Incorporated (MKC) competitors in Condiments, sauces and seasonings — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 SJM | 11.82B | 110.86 | -85.28 | 3.72% | -1.53% | -2.44% | 1.28 | |
 CHD | 22.65B | 95.64 | 31.67 | 1.57% | 11.81% | 17.45% | 0.55 | |
 HRL | 13.3B | 24.16 | 27.77 | 1.55% | 3.82% | 5.85% | 0.36 | |
 THS | 1.46B | 24.43 | 47.90 | -2.26% | -7.25% | -19.15% | 1.01 | |
 KHC | 27.06B | 22.82 | -4.63 | -3.5% | -23.05% | -13.8% | 0.51 | |
 CPB | 6.31B | 21.15 | 10.52 | 6.4% | 6.12% | 15.3% | 1.85 | |
 CAG | 6.31B | 13.20 | 5.48 | 0.12% | 0.16% | 0.93 | ||
 GIS | 17.83B | 33.42 | 8.15 | -1.87% | 12.05% | 23.67% | 1.66 |
Compare MKC vs Peers
McCormick & Company, Incorporated (MKC) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
MKC Income Statement
McCormick & Company, Incorporated (MKC) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Metric | Nov'17 | Nov'18 | Nov'19 | Nov'20 | Nov'21 | Nov'22 | Nov'23 | Nov'24 | Nov'25 |
|---|---|---|---|---|---|---|---|---|---|
Sales/Revenue | 4.73B | 5.3B | 5.35B | 5.6B | 6.32B | 6.35B | 6.66B | 6.72B | 6.84B |
Revenue Growth % | 7.23% | 12.1% | 0.84% | 4.75% | 12.79% | 0.52% | 4.91% | 0.92% | 1.73% |
Cost of Goods Sold | 2.94B | 3.21B | 3.2B | 3.3B | 3.82B | 4.08B | 4.16B | 4.13B | 4.25B |
COGS % of Revenue | 62.07% | 60.52% | 59.88% | 58.93% | 60.52% | 64.18% | 62.44% | 61.46% | 62.1% |
Gross Profit | 1.79B▲ 0% | 2.09B▲ 16.7% | 2.15B▲ 2.5% | 2.3B▲ 7.2% | 2.49B▲ 8.4% | 2.27B▼ 8.8% | 2.5B▲ 10.0% | 2.59B▲ 3.5% | 2.59B▲ 0.0% |
Gross Margin % | 37.93% | 39.48% | 40.12% | 41.07% | 39.48% | 35.82% | 37.56% | 38.54% | 37.9% |
Gross Profit Growth % | -2.06% | 16.68% | 2.48% | 7.23% | 8.44% | -8.82% | 10.02% | 3.54% | 0.05% |
Operating Expenses | 1.09B | 1.2B | 1.19B | 1.3B | 1.48B | 1.41B | 1.54B | 1.53B | 1.5B |
OpEx % of Revenue | 23.13% | 22.67% | 22.21% | 23.23% | 23.42% | 22.22% | 23.11% | 22.77% | 21.93% |
Selling, General & Admin | 1.03B | 1.16B | 1.17B | 1.28B | 1.4B | 1.36B | 1.48B | 1.52B | 1.5B |
SG&A % of Revenue | 21.8% | 21.94% | 21.82% | 22.88% | 22.22% | 21.37% | 22.19% | 22.62% | 21.93% |
Research & Development | 0 | 0 | 0 | 0 | 87.3M | 0 | 0 | 0 | 0 |
R&D % of Revenue | - | - | - | - | 1.38% | - | - | - | - |
Other Operating Expenses | 63M | 38.8M | 20.8M | 19.3M | -11.9M | 53.8M | 61.2M | 9.5M | 0 |
Operating Income | 699.8M▲ 0% | 891.1M▲ 27.3% | 957.7M▲ 7.5% | 999.5M▲ 4.4% | 1.02B▲ 1.6% | 863.6M▼ 14.9% | 963M▲ 11.5% | 1.06B▲ 10.1% | 1.09B▲ 3.0% |
Operating Margin % | 14.79% | 16.8% | 17.91% | 17.84% | 16.07% | 13.6% | 14.45% | 15.77% | 15.96% |
Operating Income Growth % | 9.17% | 27.34% | 7.47% | 4.36% | 1.56% | -14.92% | 11.51% | 10.1% | 2.98% |
EBITDA | 825M | 1.04B | 1.12B | 1.16B | 1.2B | 1.06B | 1.16B | 1.27B | 1.32B |
EBITDA Margin % | 17.44% | 19.65% | 20.88% | 20.79% | 19.02% | 16.76% | 17.45% | 18.88% | 19.34% |
EBITDA Growth % | 10.04% | 26.28% | 7.17% | 4.3% | 3.17% | -11.42% | 9.22% | 9.19% | 4.26% |
D&A (Non-Cash Add-back) | 125.2M | 150.7M | 158.8M | 165M | 186.3M | 200.6M | 199.3M | 208.8M | 231.3M |
EBIT | 690.5M | 915.9M | 984.4M | 1.02B | 1.03B | 961.9M | 1.01B | 1.11B | 1.11B |
Net Interest Income | -96.2M | -167.5M | -155.1M | -127.8M | -127.3M | -131.3M | -171.6M | -163.5M | -196.2M |
Interest Income | 0 | 7.1M | 10.1M | 7.8M | 9.3M | 17.8M | 36.6M | 45.9M | 0 |
Interest Expense | 96.2M | 174.6M | 165.2M | 135.6M | 136.6M | 149.1M | 208.2M | 209.4M | 196.2M |
Other Income/Expense | -71.1M | -115M | -97.6M | -77.2M | -67.1M | -13M | -107.9M | -87.8M | -106.7M |
Pretax Income | 628.7M▲ 0% | 776.1M▲ 23.4% | 860.1M▲ 10.8% | 922.3M▲ 7.2% | 948M▲ 2.8% | 850.6M▼ 10.3% | 855.1M▲ 0.5% | 972.5M▲ 13.7% | 985.2M▲ 1.3% |
Pretax Margin % | 13.29% | 14.64% | 16.08% | 16.47% | 15% | 13.39% | 12.84% | 14.46% | 14.4% |
Income Tax | 151.3M | -157.3M | 157.4M | 174.9M | 192.7M | 168.6M | 174.5M | 184M | 195.8M |
Effective Tax Rate % | 24.07% | -20.27% | 18.3% | 18.96% | 20.33% | 19.82% | 20.41% | 18.92% | 19.87% |
Net Income | 477.4M▲ 0% | 933.4M▲ 95.5% | 702.7M▼ 24.7% | 747.4M▲ 6.4% | 755.3M▲ 1.1% | 682M▼ 9.7% | 680.6M▼ 0.2% | 788.5M▲ 15.9% | 789.4M▲ 0.1% |
Net Margin % | 10.09% | 17.6% | 13.14% | 13.34% | 11.95% | 10.74% | 10.22% | 11.73% | 11.54% |
Net Income Growth % | 1.08% | 95.52% | -24.72% | 6.36% | 1.06% | -9.7% | -0.21% | 15.85% | 0.11% |
Net Income (Continuing) | 477.4M | 933.4M | 702.7M | 747.4M | 755.3M | 682M | 680.6M | 788.5M | 789.4M |
Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Minority Interest | 11M | 11.3M | 12.5M | 13.9M | 14.5M | 18.7M | 22.8M | 25.8M | 31.6M |
EPS (Diluted) | 1.86▲ 0% | 3.50▲ 88.2% | 2.62▼ 25.1% | 2.78▲ 6.1% | 2.80▲ 0.7% | 2.52▼ 10.0% | 2.52▲ 0.0% | 2.92▲ 15.9% | 2.93▲ 0.3% |
EPS Growth % | 0.54% | 88.17% | -25.14% | 6.11% | 0.72% | -10% | 0% | 15.87% | 0.34% |
EPS (Basic) | 1.89 | 3.55 | 2.65 | 2.80 | 2.83 | 2.54 | 2.54 | 2.94 | 2.94 |
Diluted Shares Outstanding | 256.8M | 266.69M | 268.2M | 269.1M | 269.9M | 270.2M | 269.8M | 269.6M | 269.3M |
Basic Shares Outstanding | 253.6M | 262.93M | 265.2M | 266.5M | 267.3M | 268.2M | 268.4M | 268.5M | 268.6M |
Dividend Payout Ratio | 49.77% | 29.29% | 43.01% | 44.17% | 48.1% | 58.17% | 61.49% | 57.2% | 61.19% |
MKC Balance Sheet
McCormick & Company, Incorporated (MKC) balance sheet — assets, liabilities & shareholders' equity
| Metric | Nov'17 | Nov'18 | Nov'19 | Nov'20 | Nov'21 | Nov'22 | Nov'23 | Nov'24 | Nov'25 |
|---|---|---|---|---|---|---|---|---|---|
Total Current Assets | 1.62B | 1.48B | 1.55B | 2.08B | 2.2B | 2.39B | 2B | 2.14B | 2.14B |
Cash & Short-Term Investments | 186.8M | 96.6M | 155.4M | 423.6M | 351.7M | 334M | 166.6M | 186.1M | 95.9M |
Cash Only | 186.8M | 96.6M | 155.4M | 423.6M | 351.7M | 334M | 166.6M | 186.1M | 95.9M |
Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accounts Receivable | 555.1M | 518.1M | 502.9M | 528.5M | 549.5M | 573.7M | 587.5M | 587.4M | 628.9M |
Days Sales Outstanding | 42.83 | 35.66 | 34.33 | 34.44 | 31.75 | 32.97 | 32.19 | 31.89 | 33.56 |
Inventory | 793.3M | 786.3M | 801.2M | 1.03B | 1.18B | 1.34B | 1.13B | 1.24B | 1.27B |
Days Inventory Outstanding | 98.61 | 89.42 | 91.33 | 114.18 | 112.87 | 120 | 98.85 | 109.51 | 109.29 |
Other Current Assets | 49.4M | 51.7M | 54.7M | 60.9M | 70.6M | 77.2M | 73.4M | 74.1M | 141.3M |
Total Non-Current Assets | 8.77B | 8.78B | 8.81B | 10.01B | 10.71B | 10.74B | 10.86B | 10.93B | 11.06B |
Property, Plant & Equipment | 809.1M | 941.5M | 952.6M | 1.17B | 1.28B | 1.42B | 1.54B | 1.62B | 1.45B |
Fixed Asset Turnover | 5.85x | 5.63x | 5.61x | 4.81x | 4.95x | 4.48x | 4.31x | 4.14x | 4.72x |
Goodwill | 4.49B | 4.53B | 4.51B | 4.99B | 5.34B | 5.21B | 5.26B | 5.23B | 5.3B |
Intangible Assets | 3.07B | 2.92B | 2.92B | 3.36B | 3.59B | 3.55B | 3.52B | 3.5B | 3.29B |
Long-Term Investments | 290.6M | 288M | 310.4M | 322.9M | 301.3M | 283M | 264.1M | 282.7M | 0 |
Other Non-Current Assets | 107.9M | 102.2M | 120.3M | 176.3M | 202.2M | 276.9M | 275.2M | 299.1M | 1.02B |
Total Assets | 10.39B▲ 0% | 10.26B▼ 1.2% | 10.36B▲ 1.0% | 12.09B▲ 16.7% | 12.91B▲ 6.8% | 13.12B▲ 1.7% | 12.86B▼ 2.0% | 13.07B▲ 1.6% | 13.2B▲ 1.0% |
Asset Turnover | 0.46x | 0.52x | 0.52x | 0.46x | 0.49x | 0.48x | 0.52x | 0.51x | 0.52x |
Asset Growth % | 124.03% | -1.25% | 1.03% | 16.67% | 6.75% | 1.7% | -2% | 1.62% | 1% |
Total Current Liabilities | 1.95B | 2B | 2.15B | 3.05B | 3.22B | 3.43B | 3.1B | 2.88B | 3.06B |
Accounts Payable | 639.9M | 710M | 846.9M | 1.03B | 1.06B | 1.17B | 1.12B | 1.24B | 1.26B |
Days Payables Outstanding | 79.54 | 80.74 | 96.54 | 114.15 | 101.6 | 104.86 | 98.21 | 109.35 | 108.21 |
Short-Term Debt | 583.2M | 643.5M | 698.4M | 1.15B | 1.31B | 1.51B | 1.07B | 748.3M | 890.5M |
Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 912.3M |
Current Ratio | 0.83x | 0.74x | 0.72x | 0.68x | 0.68x | 0.70x | 0.65x | 0.74x | 0.70x |
Quick Ratio | 0.42x | 0.35x | 0.35x | 0.34x | 0.31x | 0.30x | 0.28x | 0.31x | 0.28x |
Cash Conversion Cycle | 61.9 | 44.34 | 29.12 | 34.47 | 43.02 | 48.12 | 32.82 | 32.05 | 34.64 |
Total Non-Current Liabilities | 5.87B | 5.07B | 4.75B | 5.1B | 5.26B | 4.99B | 4.68B | 4.87B | 4.37B |
Long-Term Debt | 4.44B | 4.05B | 3.63B | 3.75B | 3.97B | 3.64B | 3.34B | 3.59B | 3.11B |
Capital Lease Obligations | 0 | 0 | 0 | 103.5M | 106.1M | 176.1M | 179.9M | 166.6M | 0 |
Deferred Tax Liabilities | 1.09B | 706.5M | 697.6M | 727.2M | 792.3M | 866.3M | 861.2M | 840.5M | 835.8M |
Other Non-Current Liabilities | 329.2M | 313.1M | 427.6M | 518.7M | 384.8M | 308.6M | 298.9M | 270M | 428.5M |
Total Liabilities | 7.81B | 7.07B | 6.91B | 8.15B | 8.48B | 8.43B | 7.78B | 7.75B | 7.43B |
Total Debt | 5.03B | 4.7B | 4.32B | 5.01B | 5.39B | 5.33B | 4.59B | 4.51B | 4B |
Net Debt | 4.84B | 4.6B | 4.17B | 4.58B | 5.04B | 4.99B | 4.42B | 4.32B | 3.9B |
Debt / Equity | 1.96x | 1.48x | 1.25x | 1.27x | 1.22x | 1.13x | 0.90x | 0.85x | 0.69x |
Debt / EBITDA | 6.09x | 4.51x | 3.87x | 4.30x | 4.49x | 5.00x | 3.95x | 3.55x | 3.02x |
Net Debt / EBITDA | 5.87x | 4.42x | 3.73x | 3.94x | 4.19x | 4.69x | 3.81x | 3.41x | 2.95x |
Interest Coverage | 7.27x | 5.10x | 5.80x | 7.37x | 7.43x | 5.79x | 4.63x | 5.06x | 5.57x |
Total Equity | 2.57B▲ 0% | 3.18B▲ 23.8% | 3.46B▲ 8.6% | 3.94B▲ 14.0% | 4.43B▲ 12.3% | 4.7B▲ 6.2% | 5.08B▲ 8.2% | 5.32B▲ 4.6% | 5.77B▲ 8.5% |
Equity Growth % | 56.94% | 23.78% | 8.63% | 13.98% | 12.32% | 6.18% | 8.18% | 4.59% | 8.49% |
Book Value per Share | 10.01 | 11.93 | 12.89 | 14.64 | 16.40 | 17.39 | 18.84 | 19.72 | 21.42 |
Total Shareholders' Equity | 2.56B | 3.17B | 3.44B | 3.93B | 4.41B | 4.68B | 5.06B | 5.29B | 5.74B |
Common Stock | 1.67B | 1.77B | 1.89B | 1.98B | 2.06B | 2.14B | 2.2B | 2.24B | 582.4M |
Retained Earnings | 1.17B | 1.76B | 2.06B | 2.42B | 2.78B | 3.02B | 3.25B | 3.54B | 3.82B |
Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accumulated OCI | -279.5M | -359.9M | -500.2M | -470.8M | -426.5M | -480.6M | -388.6M | -491.2M | -363.1M |
Minority Interest | 11M | 11.3M | 12.5M | 13.9M | 14.5M | 18.7M | 22.8M | 25.8M | 31.6M |
MKC Cash Flow Statement
McCormick & Company, Incorporated (MKC) cash flow — operating, investing & free cash flow history
| Metric | Nov'17 | Nov'18 | Nov'19 | Nov'20 | Nov'21 | Nov'22 | Nov'23 | Nov'24 | Nov'25 |
|---|---|---|---|---|---|---|---|---|---|
Cash from Operations | 815.3M | 821.2M | 946.8M | 1.04B | 828.3M | 651.5M | 1.24B | 921.9M | 962.2M |
Operating CF Margin % | 17.24% | 15.49% | 17.71% | 18.59% | 13.11% | 10.26% | 18.57% | 13.71% | 14.07% |
Operating CF Growth % | 23.89% | 0.72% | 15.29% | 9.98% | -20.46% | -21.34% | 89.92% | -25.49% | 4.37% |
Net Income | 477.4M | 933.4M | 702.7M | 747.4M | 755.3M | 682M | 680.6M | 788.5M | 789.4M |
Depreciation & Amortization | 125.2M | 150.7M | 158.8M | 165M | 186.3M | 200.6M | 199.3M | 208.8M | 231.3M |
Stock-Based Compensation | 23.9M | 25.6M | 37.2M | 46M | 66.6M | 60.3M | 63.4M | 47.4M | 46.2M |
Deferred Taxes | 24.1M | -269.3M | 20.9M | -11.2M | 36M | 21.8M | -5.4M | -30.3M | -6.5M |
Other Non-Cash Items | 28.1M | -10M | -10.8M | -8.5M | 6.9M | -57.5M | 30.1M | -9.5M | -14.5M |
Working Capital Changes | 136.6M | -9.2M | 38M | 102.6M | -222.8M | -255.7M | 269.3M | -83M | -83.7M |
Change in Receivables | -13M | 19.8M | 12.2M | 4.8M | -22.6M | -45.8M | 3.4M | -20.5M | -14.7M |
Change in Inventory | 44.6M | -10M | -20.9M | -200.2M | -153.7M | -205.3M | 225M | -125M | 23.9M |
Change in Payables | 98.2M | 72.8M | 128.2M | 164.2M | 34.9M | 125.3M | -68.1M | 135.1M | 1.2M |
Cash from Investing | -4.51B | -158.5M | -171M | -1.03B | -908.6M | -146.4M | -260.5M | -269M | -255.2M |
Capital Expenditures | -182.4M | -169.1M | -173.7M | -225.3M | -278M | -262M | -263.9M | -274.9M | -221.8M |
CapEx % of Revenue | 3.86% | 3.19% | 3.25% | 4.02% | 4.4% | 4.13% | 3.96% | 4.09% | 3.24% |
Acquisitions | -4.33B | -4.2M | 0 | -803M | -641M | 95.2M | 1M | 0 | -34.1M |
Investments | - | - | - | - | - | - | - | - | - |
Other Investing | 1.5M | 14.8M | 2.7M | 2.7M | 10.4M | 20.4M | 2.4M | 5.9M | 700K |
Cash from Financing | 3.76B | -751.1M | -725.8M | 220.9M | 22M | -487.2M | -1.18B | -583.1M | -840.9M |
Debt Issued (Net) | 3.58B | -466.5M | -406.7M | 555.8M | 397.7M | -73.7M | -736.3M | -94.5M | -366.6M |
Equity Issued (Net) | 1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K |
Dividends Paid | -237.6M | -273.4M | -302.2M | -330.1M | -363.3M | -396.7M | -418.5M | -451M | -483M |
Share Repurchases | -137.8M | -62.3M | -95.1M | -47.3M | -8.6M | -38.8M | -35.7M | -53.1M | -34.8M |
Other Financing | -4.9M | 51.1M | 78.2M | 55.5M | 11.6M | 22M | 6.3M | 15.5M | 43.5M |
Net Change in Cash | 68.4M▲ 0% | -90.2M▼ 231.9% | 58.8M▲ 165.2% | 268.2M▲ 356.1% | -71.9M▼ 126.8% | -17.7M▲ 75.4% | -167.4M▼ 845.8% | 19.5M▲ 111.6% | -90.2M▼ 562.6% |
Free Cash Flow | 632.9M▲ 0% | 652.1M▲ 3.0% | 773.1M▲ 18.6% | 816M▲ 5.5% | 550.3M▼ 32.6% | 389.5M▼ 29.2% | 973.4M▲ 149.9% | 647M▼ 33.5% | 740.4M▲ 14.4% |
FCF Margin % | 13.38% | 12.3% | 14.46% | 14.57% | 8.71% | 6.13% | 14.61% | 9.62% | 10.82% |
FCF Growth % | 25.5% | 3.03% | 18.56% | 5.55% | -32.56% | -29.22% | 149.91% | -33.53% | 14.44% |
FCF per Share | 2.46 | 2.45 | 2.88 | 3.03 | 2.04 | 1.44 | 3.61 | 2.40 | 2.75 |
FCF Conversion (FCF/Net Income) | 1.71x | 0.88x | 1.35x | 1.39x | 1.10x | 0.96x | 1.82x | 1.17x | 1.22x |
Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
MKC Key Ratios
McCormick & Company, Incorporated (MKC) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
Return on Equity (ROE) | 28.41% | 22.68% | 32.45% | 21.17% | 20.21% | 18.06% | 14.95% | 13.91% | 15.16% | 14.24% |
Return on Invested Capital (ROIC) | 16.2% | 10.11% | 8.8% | 9.32% | 9.28% | 8.47% | 6.76% | 7.52% | 8.31% | 8.48% |
Gross Margin | 41.52% | 37.93% | 39.48% | 40.12% | 41.07% | 39.48% | 35.82% | 37.56% | 38.54% | 37.9% |
Net Margin | 10.71% | 10.09% | 17.6% | 13.14% | 13.34% | 11.95% | 10.74% | 10.22% | 11.73% | 11.54% |
Debt / Equity | 0.88x | 1.96x | 1.48x | 1.25x | 1.27x | 1.22x | 1.13x | 0.90x | 0.85x | 0.69x |
Interest Coverage | 11.45x | 7.27x | 5.10x | 5.80x | 7.37x | 7.43x | 5.79x | 4.63x | 5.06x | 5.57x |
FCF Conversion | 1.39x | 1.71x | 0.88x | 1.35x | 1.39x | 1.10x | 0.96x | 1.82x | 1.17x | 1.22x |
Revenue Growth | 2.68% | 7.23% | 12.1% | 0.84% | 4.75% | 12.79% | 0.52% | 4.91% | 0.92% | 1.73% |
Related:MKC Dividend History·MKC Revenue History·MKC Price History·MKC P/E History·MKC Financial Ratios·MKC Institutional Holders
MKC SEC Filings & Documents
McCormick & Company, Incorporated (MKC) SEC filings — annual & quarterly reports (10-K, 10-Q)
MKC Frequently Asked Questions
McCormick & Company, Incorporated (MKC) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
McCormick & Company, Incorporated (MKC) reported $6.84B in revenue for fiscal year 2025. This represents a 295% increase from $1.73B in 1996.
McCormick & Company, Incorporated (MKC) grew revenue by 1.7% over the past year. Growth has been modest.
Yes, McCormick & Company, Incorporated (MKC) is profitable, generating $789.4M in net income for fiscal year 2025 (11.5% net margin).
Dividend & Returns
Yes, McCormick & Company, Incorporated (MKC) pays a dividend with a yield of 3.85%. This makes it attractive for income-focused investors.
McCormick & Company, Incorporated (MKC) has a return on equity (ROE) of 14.2%. This is reasonable for most industries.
McCormick & Company, Incorporated (MKC) generated $878.5M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.