McCormick & Company, Incorporated (MKC-V) quarterly cash flow statement — complete operating, investing & financing history
McCormick & Company, Incorporated (MKC-V) cash flow statement — 30-year operating, investing & financing cash flows
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Cash from Operations | 168.1M | 379.8M | 50.9M | 542M | 258.8M | 45.9M | 115.5M | 458.7M | 161.7M | 163.1M | 138.4M | 577.2M | 265.9M | 290.8M | 103.4M | 401.4M | 95.7M | 136.5M | 17.9M | 455.4M |
| Operating CF Margin % | 8.3% | 19.61% | 2.72% | 29.29% | 15% | 2.77% | 7.19% | 25.51% | 9.63% | 9.93% | 8.64% | 32.93% | 15.78% | 17.53% | 6.6% | 23.67% | 6% | 8.88% | 1.18% | 26.32% |
| Operating CF Growth % | -35.05% | 727.45% | -55.93% | 18.16% | 60.05% | -71.86% | -16.55% | -20.53% | -39.19% | -43.91% | 33.85% | 43.8% | 177.85% | 113.04% | 477.65% | -11.86% | -33.63% | -47.68% | 155.59% | 9.84% |
| Net Income | 107.6M | 166.3M | 1.02B | 226.6M | 225.5M | 175M | 162.3M | 215.2M | 223.1M | 184.2M | 166M | 219.3M | 170.1M | 152.1M | 139.1M | 185.7M | 222.9M | 118.5M | 154.9M | 197.4M |
| Depreciation & Amortization | 76.6M | 73.5M | 63M | 59.2M | 61.2M | 57.1M | 53.8M | 51.3M | 54.6M | 57.1M | 45.8M | 48.9M | 53.8M | 48.8M | 47.8M | 52.4M | 50M | 49.2M | 49M | 47.2M |
| Stock-Based Compensation | 5.2M | 8.6M | 20.7M | 8.9M | 7.7M | 9.6M | 20M | 7.5M | 8.8M | 19.4M | 11.7M | 12.3M | 12.6M | 26.7M | 11.8M | 11.2M | 12.2M | 25.8M | 11.1M | 12.4M |
| Deferred Taxes | -10.5M | -3.8M | -7.5M | 9.3M | -3.7M | -2.9M | -9.2M | 6.9M | -9.4M | -27.8M | 90.2M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 36M |
| Other Non-Cash Items | 42.4M | 90.3M | -857.1M | 100K | -100K | -5.4M | -9.1M | -10.1M | -5.5M | 1M | -85.1M | 11.9M | 1.8M | 11.1M | -100K | 16.9M | -47.9M | -4.6M | -100K | 18.1M |
| Working Capital Changes | -53.2M | 44.9M | -190.5M | 237.9M | -31.8M | -187.5M | -102.3M | 187.9M | -109.9M | -70.8M | -90.2M | 284.8M | 27.6M | 52.1M | -95.2M | 135.2M | -141.5M | -52.4M | -197M | 144.3M |
| Change in Receivables | -119.2M | 110.7M | 18.7M | 37.2M | -75.1M | -42M | 65.2M | 51.7M | -58.6M | -30.1M | 16.5M | 26.3M | -49.4M | 16.8M | 9.7M | -2.2M | -90.9M | 14.1M | 33.2M | -23.9M |
| Change in Inventory | -38.3M | -41.4M | 35.1M | 49.9M | -6.9M | -7.4M | -11.7M | -16.1M | -80M | -26.6M | -2.3M | 85.3M | 68M | 71.9M | -200K | 33.2M | -78M | -110.6M | -49.9M | 2.8M |
| Change in Payables | -40M | 128.9M | -98.7M | 63.7M | 12M | -3.6M | -70.9M | 22.8M | 21.6M | 76.3M | 14.4M | 22.3M | -8.5M | -27.1M | -54.8M | 24.5M | 34.3M | 61.3M | 5.2M | 51.6M |
| Cash from Investing | -56M | -42.7M | -762.4M | -83M | -67M | -68.1M | -37.1M | -79.9M | -59M | -68.3M | -61.8M | -75.7M | -68.7M | -54.6M | -61.5M | -90.9M | 33.7M | -45.5M | -43.7M | -78M |
| Capital Expenditures | -56M | 32.5M | -32.5M | -83.7M | 48.3M | -48.3M | -37.1M | 189.3M | -59M | -68.3M | -62M | -76.7M | -68.6M | -57.1M | -61.5M | -95.2M | -65.2M | -57.9M | -43.7M | -88.1M |
| CapEx % of Revenue | 2.77% | 1.68% | 1.73% | 4.52% | 2.8% | 2.91% | 2.31% | 10.53% | 3.51% | 4.16% | 3.87% | 4.38% | 4.07% | 3.44% | 3.93% | 5.61% | 4.09% | 3.77% | 2.87% | 5.09% |
| Acquisitions | 0 | 0 | -729.9M | 0 | -14.3M | -19.8M | 0 | 0 | 0 | 0 | 0 | 1M | 0 | 0 | 0 | 0 | 95.2M | 12.1M | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | -75.2M | 0 | 700K | -101M | 0 | 0 | -269.2M | 0 | 0 | 200K | 0 | -100K | 2.5M | 0 | 4.3M | 3.7M | 300K | 0 | 10.1M |
| Cash from Financing | -112.4M | -179M | 781.7M | -462.6M | -235.4M | 12.3M | -155.2M | -377.2M | -33.7M | -104.5M | -67.7M | -483M | -183.1M | -473.4M | -44.7M | -313.5M | -92M | -86.1M | 4.4M | -325M |
| Debt Issued (Net) | 11.9M | 0 | 923.7M | 100K | -103.4M | 140.7M | -37.4M | -251.3M | 103.5M | 9.1M | 43.2M | -370M | -76.8M | -354.9M | 64.3M | -203.1M | 16.7M | 18.9M | 93.8M | -229.6M |
| Equity Issued (Net) | 10.3M | 0 | 1.7M | 27.4M | -900K | -9.3M | -17.2M | -19.4M | -24.5M | 1.8M | -300K | -9M | -8.1M | -9.2M | -3.5M | -12.7M | -13.2M | -4.2M | -20.7M | -5.4M |
| Dividends Paid | -129.1M | -114.4M | -128.9M | -120.8M | -120.7M | -120.8M | -120.7M | -112.7M | -112.8M | -112.8M | -112.7M | -104.7M | -104.6M | -104.6M | -104.6M | -99.2M | -99.3M | -99.2M | -99M | -90.9M |
| Share Repurchases | 0 | 0 | -10.9M | -5.6M | -2.7M | -9.3M | -17.2M | -24.1M | -24.5M | -4.2M | -300K | -9M | -8.1M | -15.1M | -3.5M | -12.7M | -13.2M | -4.2M | -8.7M | -5.4M |
| Other Financing | -5.5M | -64.6M | -14.8M | -369.3M | -10.4M | 1.7M | 20.1M | 6.2M | 100K | -2.6M | 2.1M | 700K | 6.4M | -4.7M | -900K | 1.5M | 3.8M | -1.6M | 30.3M | 900K |
| Net Change in Cash | -100K | 153.5M | 81.8M | 1M | -29.2M | 21.3M | -83.3M | -14.7M | 34.5M | -11.7M | 11.4M | 11.9M | 27.3M | -229.4M | 22.8M | -9.9M | 18.1M | -12.6M | -13.3M | 39.1M |
| Free Cash Flow | 112.1M | 412.3M | 18.4M | 458.3M | 344.2M | -2.4M | 78.4M | 648M | 102.7M | 94.8M | 76.4M | 500.5M | 197.3M | 233.7M | 41.9M | 306.2M | 30.5M | 78.6M | -25.8M | 367.3M |
| FCF Margin % | 5.54% | 21.29% | 0.98% | 24.77% | 19.95% | -0.14% | 4.88% | 36.04% | 6.11% | 5.77% | 4.77% | 28.55% | 11.71% | 14.09% | 2.68% | 18.06% | 1.91% | 5.11% | -1.69% | 21.23% |
| FCF Growth % | -67.43% | 17279.17% | -76.53% | -29.27% | 235.15% | -102.53% | 2.62% | 29.47% | -47.95% | -59.44% | 82.34% | 63.46% | 546.89% | 197.33% | 262.4% | -16.63% | -54.55% | -60.04% | 68.07% | 9.67% |
| FCF per Share | 0.42 | 1.53 | 0.07 | 1.70 | 1.28 | -0.01 | 0.29 | 2.40 | 0.38 | 0.35 | 0.28 | 1.86 | 0.73 | 0.87 | 0.16 | 1.13 | 0.11 | 0.29 | -0.10 | 1.37 |
| FCF Conversion (FCF/Net Income) | 1.72x | 2.53x | 0.05x | 2.39x | 1.15x | 0.26x | 0.71x | 2.13x | 0.72x | 0.89x | 0.83x | 2.63x | 1.56x | 1.91x | 0.74x | 2.16x | 0.43x | 1.15x | 0.12x | 2.31x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |