MKC · Mccormick & Co Inc

$54.54 -0.56 (-1.02%) At close · Aug 27

Market Cap

$14.61B

268.85M

Income-statement, balance-sheet and cash-flow figures extracted from the company's SEC filings — 10-K annual and 10-Q quarterly reports — and standardised for comparison across periods.

Revenue

$6.84B +1.7%

FY2025

Net Income

$789.4M +0.1%

FY2025

Gross Margin

37.9% -0.6pp

FY2025

Operating Margin

15.65% -0.1pp

FY2025

Diluted EPS

$2.93 +0.3%

FY2025

Operating Cash Flow

$962.2M +4.4%

FY2025

Chart any reported metric, KPI or segment over time — the full statement history lives here

Income Statement Balance Sheet Cash Flow Adjusted All Metrics

Annual Quarterly

Line Item	3Y	5Y	10Y	FY2026 (G)	TTM	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011	FY2010	FY2009	FY2008
Revenue	+2.5%	+4.1%	+4.8%	—	$7.39B	$6.84B	$6.72B	$6.66B	$6.35B	$6.32B	$5.6B	$5.35B	$5.3B	$4.73B	$4.41B	$4.3B	$4.24B	$4.12B	$4.01B	$3.7B	$3.34B	$3.19B	$3.18B
Cost of Revenue	+1.4%	+5.2%	+5.2%	—	$4.53B	$4.25B	$4.13B	$4.16B	$4.08B	$3.82B	$3.3B	$3.2B	$3.21B	$2.94B	$2.58B	$2.56B	$2.51B	$2.46B	$2.4B	$2.18B	$1.92B	$1.86B	$1.89B
Gross Profit	+4.5%	+2.4%	+4.1%	—	$2.85B	$2.59B	$2.59B	$2.5B	$2.27B	$2.49B	$2.3B	$2.15B	$2.09B	$1.79B	$1.83B	$1.74B	$1.73B	$1.67B	$1.62B	$1.52B	$1.42B	$1.33B	$1.29B
Gross Margin	—	—	—	—	—	37.9%	38.54%	37.56%	35.82%	39.48%	41.07%	40.12%	39.48%	37.93%	41.52%	40.44%	40.78%	40.4%	40.3%	41.18%	42.49%	41.58%	40.55%
Research & Development	+6.6%	+9.1%	+5.7%	—	—	$106.1M	$102.9M	$94.9M	$87.5M	$87.3M	$68.6M	$67.3M	$69.4M	$66.1M	$61M	$60.8M	$62M	$61.3M	$57.8M	$58.1M	$52.7M	$48.9M	—
Selling, General & Administrative	+3.4%	+3.2%	+2.9%	—	$1.66B	$1.5B	$1.52B	$1.48B	$1.36B	$1.4B	$1.28B	$1.17B	$1.16B	$1.03B	$1.18B	$1.13B	$1.12B	$1.08B	$1.04B	$982.2M	$907.9M	$846.6M	$870.6M
Amortization of Intangibles	+0.1%	+11.7%	+17.0%	—	—	$35.2M	$35M	$34.9M	$35.1M	$35.6M	$20.2M	$20.3M	$20.6M	$16.3M	$11.3M	$7.3M	$5.6M	$5.2M	$4.3M	$3.3M	$3.5M	$1.3M	—
Depreciation & Amortization	+4.9%	+7.0%	+8.1%	—	—	$231.3M	$208.8M	$199.3M	$200.6M	$186.3M	$165M	$158.8M	$150.7M	$125.2M	$108.7M	$105.9M	$102.7M	$106M	$102.8M	$98.3M	$95.1M	$94.3M	$85.6M
Restructuring Charges	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	$16.2M	$12.1M
Operating Income	+7.4%	+1.4%	+6.9%	—	$1.1B	$1.07B	$1.06B	$963M	$863.6M	$1.02B	$999.5M	$957.7M	$891.1M	$699.8M	$641M	$548.4M	$603M	$550.5M	$578.3M	$540.3M	$509.8M	$466.9M	$376.5M
Operating Margin	—	—	—	—	—	15.65%	15.77%	14.45%	13.6%	16.07%	17.84%	17.91%	16.8%	14.79%	14.53%	12.76%	14.21%	13.35%	14.41%	14.61%	15.28%	14.63%	11.85%
EBITDA	+7.0%	+2.3%	+7.1%	—	—	$1.3B	$1.27B	$1.16B	$1.06B	$1.2B	$1.16B	$1.12B	$1.04B	$825M	$749.7M	$654.3M	$705.7M	$656.5M	$681.1M	$638.6M	$604.9M	$561.2M	$462.1M
Interest Expense	+9.6%	+7.7%	+13.9%	—	$206.7M	$196.2M	$209.4M	$208.2M	$149.1M	$136.6M	$135.6M	$165.2M	$174.6M	$95.7M	$56M	$53.3M	$49.7M	$53.3M	$54.6M	$51.2M	$49.3M	$52.8M	$56.7M
Other Non-Operating Income	-26.9%	+16.9%	+42.7%	—	$30.1M	$38.4M	$47.4M	$43.9M	$98.3M	$17.3M	$17.6M	$26.7M	$24.8M	$6.1M	$4.2M	$1.1M	$1.1M	$2.2M	$2.4M	$2.3M	$2.2M	$2.4M	$18M
Equity in Earnings of Unconsolidated Entities	+24.1%	+12.1%	+7.0%	—	$55.7M	$72.2M	$74.2M	$56.4M	$37.8M	$52.2M	$40.8M	$40.9M	$34.8M	$33.9M	$36.1M	$36.7M	$29.4M	$23.2M	$21.5M	$25.4M	$25.5M	$16.3M	$18.6M
Pretax Income	+4.0%	+0.7%	+6.3%	—	$927.1M	$913M	$898.3M	$798.7M	$812.8M	$895.8M	$881.5M	$819.2M	$741.3M	$594.8M	$589.2M	$496.2M	$554.4M	$499.4M	$526.1M	$491.4M	$462.7M	$416.5M	$337.8M
Income Tax	+5.1%	+2.3%	+4.1%	—	$217.1M	$195.8M	$184M	$174.5M	$168.6M	$192.7M	$174.9M	$157.4M	-$157.3M	$151.3M	$153M	$131.3M	$145.9M	$133.6M	$139.8M	$142.6M	$118M	$133M	$100.6M
Net Income	+5.0%	+1.1%	+7.0%	—	$1.62B	$789.4M	$788.5M	$680.6M	$682M	$755.3M	$747.4M	$702.7M	$933.4M	$477.4M	$472.3M	$401.6M	$437.9M	$389M	$407.8M	$374.2M	$370.2M	$299.8M	$255.8M
Net Margin	—	—	—	—	—	11.54%	11.73%	10.22%	10.74%	11.95%	13.34%	13.14%	17.6%	10.09%	10.71%	9.35%	10.32%	9.43%	10.16%	10.12%	11.09%	9.39%	8.05%
Net Income Attributable to Noncontrolling Interests	—	—	—	—	$8M	-$6.1M	-$7.5M	-$5.5M	-$6.2M	-$8M	-$4.3M	-$1.9M	-$3.3M	-$1.6M	$1.3M	-$500K	-$2.5M	-$1.3M	-$1.9M	-$800K	-$600K	-$600K	-$300K
Comprehensive Income	+13.5%	+3.5%	+17.7%	—	$1.86B	$923.3M	$688.9M	$776.7M	$632.1M	$800.2M	$778.2M	$563.6M	$874.6M	$713.5M	$360.9M	$181M	$254.2M	$547.1M	$307.9M	$315.4M	$258.1M	$362.2M	$41.2M
EPS (Basic) USD/shares	+5.0%	+1.0%	+6.5%	—	$6.03	$2.94	$2.94	$2.54	$2.54	$2.83	$2.80	$2.65	$3.55	$1.89	$1.87	$1.57	$1.69	$1.47	$1.54	$1.41	$1.40	$1.15	$0.99
EPS (Diluted) USD/shares	+5.2%	+1.1%	+6.5%	$3.05 – $3.13*	$6.01	$2.93^G	$2.92^G	$2.52^G	$2.52^G	$2.80	$2.78	$2.62	$3.50	$1.86	$1.85	$1.56	$1.67	$1.46	$1.52	$1.40	$1.38	$1.14	$0.97
Shares Outstanding (Basic Avg) shares	0.0%	+0.1%	+0.5%	—	—	268.5M	268.5M	268.4M	268.2M	267.3M	266.5M	265.1M	263.1M	253.6M	253.2M	256M	259.8M	264.2M	265.4M	265.4M	265.8M	261.6M	—
Shares Outstanding (Diluted Avg) shares	-0.1%	0.0%	+0.4%	—	—	269.4M	269.6M	269.8M	270.2M	269.9M	269.1M	268.1M	266.5M	256.8M	256M	258.4M	262M	267.2M	268.6M	268.6M	269.4M	264.6M	—

Italic rows are computed from reported lines — open a row's info icon for its formula. Values reflect the latest filing (restatements included); per-share figures on today's split basis. Click a value for its source filing. TTM: trailing twelve months through the latest reported quarter — flows sum the last four quarters, balances take the latest. 3Y/5Y/10Y columns are trailing CAGR from the newest fiscal year; blank where an endpoint is missing or negative. (G): the company's own guidance — a (G) column is a guided period not yet reported; a G marker shows how the reported figure landed against the guided range. Non-GAAP-basis guidance (*) is shown as stated and never judged against GAAP actuals.

Capital Returned to Shareholders

Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2008–FY2025: $1.64B in buybacks, $4.74B in dividends.

Price & Valuation

Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.

Valuation

EV/Revenue

2.42×

Peer median 1.53×

EV/EBIT

16.20×

Peer median 13.98×

P/E (TTM)

9.04×

Peer median 16.32×

Peer medians compare against the 18 similar-size Packaged Foods companies (of 73 listed).

Valuation over time computed as of each quarter's filing date

Revenue Breakdown

Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.

Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.

By Segment (USD)

Component	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Consumer	$3,950,300,000	$3,848,500,000	$3,807,300,000	$3,757,900,000	$3,937,500,000	$3,596,700,000	$3,269,800,000	$3,247,000,000
Flavor Solutions	$2,890,000,000	$2,875,200,000	$2,854,900,000	$2,592,600,000	$2,380,400,000	$2,004,600,000	$2,077,600,000	$2,055,800,000

By Geography (USD)

Component	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Americas	$4,867,800,000	$4,801,900,000	$4,756,900,000	$4,551,700,000	$4,396,100,000	$3,974,900,000	$3,711,300,000	$3,627,500,000
United States	$4,168,300,000	$4,103,900,000	$4,083,800,000	$3,921,300,000	$3,817,500,000	$3,445,900,000	$3,226,300,000	$3,145,000,000
Other Countries	$1,403,500,000	$1,380,500,000	$1,365,600,000	$1,312,800,000	$1,309,100,000	$1,108,700,000	$1,135,000,000	$1,136,700,000
Europe Middle East and Africa	$1,268,500,000	$1,239,300,000	$1,212,800,000	$1,116,400,000	$1,191,300,000	$1,046,700,000	$986,100,000	$1,021,100,000
Asia Pacific	$704,000,000	$682,500,000	$692,500,000	$682,400,000	$730,500,000	$579,700,000	$650,000,000	$654,200,000

By Product & Service (USD)

Component	FY2025	FY2024	FY2023	FY2022	FY2021
Spices and Seasoning	$1,707,600,000	$1,651,000,000	$1,578,300,000	$1,538,700,000	$1,680,800,000
Flavors	$1,619,900,000	$1,618,600,000	$1,585,700,000	$1,420,600,000	$1,262,700,000
Condiments and Sauces	$950,900,000	$936,600,000	$921,000,000	$858,200,000	$800,100,000
Regional Leaders	$852,700,000	$823,200,000	$877,500,000	$933,000,000	$1,023,400,000
Branded Foodservice	$614,100,000	$615,100,000	$598,400,000	$552,900,000	$490,800,000
Recipe Mixes	$439,100,000	$437,700,000	$430,500,000	$428,000,000	$433,200,000
Custom Condiments	$329,300,000	$336,800,000	$317,100,000	$280,800,000	$297,000,000
Coatings Bulk Spices and Herbs	$326,700,000	$304,700,000	$353,700,000	$338,300,000	$329,900,000

Segment Operating Income

Annual operating income by business segment, as tagged in the company's own XBRL filings. Segments need not sum to the consolidated figure — corporate costs and eliminations are typically unallocated.

By Segment (USD)

Component	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Consumer	$721,300,000	$736,900,000	$699,700,000	$686,800,000	$756,900,000	$767,900,000	$663,200,000	$612,100,000
Flavor Solutions	$349,500,000	$323,400,000	$263,300,000	$176,800,000	$258,200,000	$231,600,000	$294,500,000	$279,000,000

Operating Margin by Segment (%)

Component	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Consumer	18.3%	19.1%	18.4%	18.3%	19.2%	21.4%	20.3%	18.9%
Flavor Solutions	12.1%	11.2%	9.2%	6.8%	10.8%	11.6%	14.2%	13.6%

Key facts CIK 63754 CUSIP 579780206 13F (30d) 668 filings 665 filers Visit website Investor relations