McCormick & Co Inc. financials

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MKC CIK 0000063754

Source: EDGAR filings · raw companyfacts JSON · Built 2026-04-25T10:10:47Z

Key metrics by reporting period

Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.

Derived Metrics

Concept FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Free Cash Flow 740.40M 647.00M 973.40M 389.50M 550.30M 816.00M
EBITDA 1.30B 1.27B 1.16B 1.06B 1.20B 1.16B
Working Capital -924.10M -743.80M -1.10B -1.05B -1.03B -962.90M
Net Debt 4.60B 4.96B 4.86B 6.40B 5.74B 5.64B
Gross Margin 37.90% 38.54% 37.56% 35.82% 39.48% 41.07%
Operating Margin 15.65% 15.77% 14.45% 13.60% 16.07% 17.84%
Net Margin 11.54% 11.73% 10.22% 10.74% 11.95% 13.34%
Return on Equity (ROE) 13.76% 14.90% 13.45% 14.57% 17.12% 19.04%
Return on Assets (ROA) 5.98% 6.03% 5.29% 5.20% 5.85% 6.18%
Current Ratio 0.6982 0.742 0.6459 0.6953 0.6811 0.6839
Debt-to-Equity 0.8192 0.9735 0.9936 1.439 1.3802 1.5442
Effective Tax Rate 21.45% 20.48% 21.85% 20.74% 21.51% 19.84%
Cash Conversion Ratio 1.2189 1.1692 1.818 0.9553 1.0967 1.3932
Accruals Ratio -0.0131 -0.0102 -0.0433 0.0023 -0.0057 -0.0243
SBC % of Revenue 0.68% 0.70% 0.95% 0.95% 1.05% 0.82%
CapEx Coverage 4.3381 3.3536 4.6885 2.4866 2.9795 4.6218
Free Cash Flow Per Share $2.75 $2.40 $3.61 $1.44 $2.04 $3.03

Valuation Metrics

Concept FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
P/E Trailing (Diluted) 23.0307 26.8527 25.7262 33.8016 30.65 33.6295
P/FCF 24.5534 32.6722 17.9689 59.0912 42.0913 30.8314
FCF Yield 4.07% 3.06% 5.57% 1.69% 2.38% 3.24%
EV / EBITDA 17.4967 20.5688 19.2314 27.6421 24.0545 48.0511
P/S 2.6576 3.144 2.6254 3.6242 3.6662 8.983
P/B 3.169 3.9953 3.4563 4.9173 5.2511 12.8159

Income Statement

Concept FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Revenues 6.84B 6.72B 6.66B 6.35B 6.32B 5.60B
Cost of Goods and Services Sold 4.25B 4.13B 4.16B 4.08B 3.82B 3.30B
Gross Profit 2.59B 2.59B 2.50B 2.27B 2.49B 2.30B
Research and Development Expense 106.10M 102.90M 94.90M 87.50M 87.30M 68.60M
Selling, General and Administrative Expense 1.50B 1.52B 1.48B 1.36B 1.40B 1.28B
Operating Income (Loss) 1.07B 1.06B 963.00M 863.60M 1.02B 999.50M
Income Tax Expense (Benefit) 195.80M 184.00M 174.50M 168.60M 192.70M 174.90M
Net Income (Loss) Attributable to Parent 789.40M 788.50M 680.60M 682.00M 755.30M 747.40M
Earnings Per Share, Basic $2.94 $2.94 $2.54 $2.54 $2.83 $2.80
Weighted Average Number of Shares Outstanding, Basic 268.50M 268.50M 268.40M 268.20M 267.30M 266.50M
Earnings Per Share, Diluted $2.93 $2.92 $2.52 $2.52 $2.80 $2.78
Weighted Average Number of Shares Outstanding, Diluted 269.40M 269.60M 269.80M 270.20M 269.90M 269.10M

Balance Sheet

Concept FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Cash and Cash Equivalents, at Carrying Value 95.90M 186.10M 166.60M 334.00M 351.70M 423.60M
Assets, Current 2.14B 2.14B 2.00B 2.39B 2.20B 2.08B
Assets 13.20B 13.07B 12.86B 13.12B 12.91B 12.09B
Long-term Debt 3.61B 3.86B 4.14B 3.91B 4.74B 4.02B
Liabilities, Current 3.06B 2.88B 3.10B 3.43B 3.22B 3.05B
Long-term Debt, Excluding Current Maturities 3.11B 3.59B 3.34B 3.64B 3.97B 3.75B
Liabilities 7.43B 7.75B 7.78B 8.43B 8.48B 8.15B
Stockholders' Equity Attributable to Parent 5.74B 5.29B 5.06B 4.68B 4.41B 3.93B

Cash Flow Statement

Concept FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Net Cash Provided by (Used in) Operating Activities 962.20M 921.90M 1.24B 651.50M 828.30M 1.04B
Payments to Acquire Property, Plant, and Equipment — — — 262.00M 278.00M 225.30M
Net Cash Provided by (Used in) Investing Activities -255.20M -269.00M -260.50M -146.40M -908.60M -1.03B
Payments for Repurchase of Common Stock 34.80M 53.10M 35.70M 38.80M 8.60M 47.30M
Net Cash Provided by (Used in) Financing Activities -840.90M -583.10M -1.18B -487.20M 22.00M 220.90M

Raw XBRL tagging for a single filing

Every us-gaap and custom concept the filer tagged for one fiscal period, grouped by statement. Start here when a number in the trend table above surprises you and you want to see the exact tag behind it. Derived and valuation rows are omitted here because they already appear in the trend table.

Most recent filing shown by default.

Compare filings side-by-side

Diff any two filings with deltas and added / removed tags.

Immaterial rows are USD line items under 1% of the period's revenue — the noise floor below which a single tag rarely moves the investment thesis. Revenue is read from the filer's top-line concept (Revenues / RevenueFromContractWithCustomerExcludingAssessedTax, with a fallback chain). Non-USD rows, rows without a numeric value, and every row on a filing with no identifiable revenue anchor stay visible. Flip the switch off to see every tag the filer reported for the period.

Income Statement

23 concepts 3 units
Unit US$ · 16 concepts
Label Value Period
Interest Expense 47.30M 2025-12-01 → 2026-02-28
Revenues 1.87B 2025-12-01 → 2026-02-28
Cost of Goods and Services Sold 1.17B 2025-12-01 → 2026-02-28
Gross Profit 708.90M 2025-12-01 → 2026-02-28
Selling, General and Administrative Expense 456.30M 2025-12-01 → 2026-02-28
Gain (Loss) on Disposition of Business 866.80M 2025-12-01 → 2026-02-28
Operating Income (Loss) 227.50M 2025-12-01 → 2026-02-28
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net 19.10M 2025-12-01 → 2026-02-28
Other Nonoperating Income (Expense) 4.80M 2025-12-01 → 2026-02-28
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest 185.00M 2025-12-01 → 2026-02-28
Income (Loss) from Equity Method Investments 19.20M 2025-12-01 → 2026-02-28
Income Tax Expense (Benefit) 48.70M 2025-12-01 → 2026-02-28
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest 1.02B 2025-12-01 → 2026-02-28
Net Income (Loss) Attributable to Nonredeemable Noncontrolling Interest -1.02B 2025-12-01 → 2026-02-28
Net Income (Loss) Attributable to Noncontrolling Interest 6.10M 2025-12-01 → 2026-02-28
Net Income (Loss) Attributable to Parent 1.02B 2025-12-01 → 2026-02-28
Unit shares · 4 concepts
Label Value Period
Weighted Average Number of Shares Outstanding, Basic 268.80M 2025-12-01 → 2026-02-28
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount 3.90M 2025-12-01 → 2026-02-28
Weighted Average Number of Shares Outstanding, Diluted 269.40M 2025-12-01 → 2026-02-28
Weighted Average Number Diluted Shares Outstanding Adjustment 600,000 2025-12-01 → 2026-02-28
Unit US$ / share · 3 concepts
Label Value Period
Earnings Per Share, Basic $3.78 2025-12-01 → 2026-02-28
Earnings Per Share, Diluted $3.77 2025-12-01 → 2026-02-28
Common Stock, Dividends, Per Share, Cash Paid $0.48 2025-12-01 → 2026-02-28

Comprehensive Income

7 concepts 1 unit
Unit US$ · 7 concepts
Label Value Period
Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, before Tax 1.90M 2025-12-01 → 2026-02-28
Other Comprehensive Income (Loss), Tax, Portion Attributable to Parent 5.60M 2025-12-01 → 2026-02-28
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax 182.60M 2025-12-01 → 2026-02-28
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), after Reclassification and Tax, Parent 28.10M 2025-12-01 → 2026-02-28
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 1.23B 2025-12-01 → 2026-02-28
Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest -39.90M 2025-12-01 → 2026-02-28
Other Comprehensive Income (Loss), Net of Tax 248.00M 2025-12-01 → 2026-02-28

Balance Sheet

25 concepts 1 unit
Unit US$ · 25 concepts
Label Value Period
Cash and Cash Equivalents, at Carrying Value 177.70M as of 2026-02-28
Accounts Receivable, after Allowance for Credit Loss, Current 829.20M as of 2026-02-28
Inventory, Finished Goods, Gross 665.40M as of 2026-02-28
Assets, Current 2.61B as of 2026-02-28
Property, Plant and Equipment, Net 1.51B as of 2026-02-28
Goodwill 6.32B as of 2026-02-28
Intangible Assets, Net (Excluding Goodwill) 4.96B as of 2026-02-28
Investments and Other Noncurrent Assets 948.60M as of 2026-02-28
Assets 16.35B as of 2026-02-28
Long-term Debt 3.61B as of 2026-02-28
Short-term Debt 1.31B as of 2026-02-28
Long-term Debt, Current Maturities 9.40M as of 2026-02-28
Liabilities, Current 3.44B as of 2026-02-28
Long-term Debt, Excluding Current Maturities 3.60B as of 2026-02-28
Deferred Income Tax Liabilities, Net 1.32B as of 2026-02-28
Other Liabilities, Noncurrent 420.10M as of 2026-02-28
Liabilities 8.79B as of 2026-02-28
Accumulated Other Comprehensive Income (Loss), Foreign Currency Translation Adjustment, Net of Tax -73.50M as of 2026-02-28
Accumulated Other Comprehensive (Income) Loss, Defined Benefit Plan, after Tax 90.20M as of 2026-02-28
Accumulated Other Comprehensive Income (Loss), Net of Tax -148.90M as of 2026-02-28
Retained Earnings (Accumulated Deficit) 4.82B as of 2026-02-28
Stockholders' Equity Attributable to Parent 6.98B as of 2026-02-28
Stockholders' Equity Attributable to Noncontrolling Interest 575.80M as of 2026-02-28
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 7.56B as of 2026-02-28
Liabilities and Equity 16.35B as of 2026-02-28

Cash Flow Statement

25 concepts 1 unit
Unit US$ · 25 concepts
Label Value Period
Depreciation, Depletion and Amortization 63.00M 2025-12-01 → 2026-02-28
Payment for Pension Benefits 2.10M 2025-12-01 → 2026-02-28
Share-based Payment Arrangement, Noncash Expense 20.70M 2025-12-01 → 2026-02-28
Proceeds from Equity Method Investment, Distribution 13.90M 2025-12-01 → 2026-02-28
Deferred Income Taxes and Tax Credits -7.50M 2025-12-01 → 2026-02-28
Increase (Decrease) in Accounts Receivable -18.70M 2025-12-01 → 2026-02-28
Increase (Decrease) in Inventories -35.10M 2025-12-01 → 2026-02-28
Increase (Decrease) in Accounts Payable, Trade -98.70M 2025-12-01 → 2026-02-28
Increase (Decrease) in Other Operating Assets and Liabilities, Net 145.60M 2025-12-01 → 2026-02-28
Net Cash Provided by (Used in) Operating Activities 50.90M 2025-12-01 → 2026-02-28
Payments to Acquire Property, Plant, and Equipment 32.50M 2025-12-01 → 2026-02-28
Payments to Acquire Businesses, Gross 729.90M 2025-12-01 → 2026-02-28
Net Cash Provided by (Used in) Investing Activities -762.40M 2025-12-01 → 2026-02-28
Proceeds from (Repayments of) Short-term Debt 928.50M 2025-12-01 → 2026-02-28
Proceeds from Issuance of Long-term Debt 497.40M 2025-12-01 → 2026-02-28
Repayments of Long-term Debt 502.20M 2025-12-01 → 2026-02-28
Proceeds from Stock Options Exercised 12.60M 2025-12-01 → 2026-02-28
Payments for Repurchase of Common Stock 10.90M 2025-12-01 → 2026-02-28
Payments of Ordinary Dividends, Common Stock 128.90M 2025-12-01 → 2026-02-28
Payment, Tax Withholding, Share-based Payment Arrangement 9.20M 2025-12-01 → 2026-02-28
Proceeds from (Payments for) Other Financing Activities -5.60M 2025-12-01 → 2026-02-28
Net Cash Provided by (Used in) Financing Activities 781.70M 2025-12-01 → 2026-02-28
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 11.60M 2025-12-01 → 2026-02-28
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 81.80M 2025-12-01 → 2026-02-28
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 177.70M as of 2026-02-28

Stockholders' Equity

1 concepts 1 unit
Unit US$ · 1 concept
Label Value Period
Noncontrolling Interest, Increase from Sale of Parent Equity Interest 504.30M 2025-12-01 → 2026-02-28

Notes

20 concepts 2 units
Unit US$ · 18 concepts
Label Value Period
Accounts Payable, Trade, Current 1.39B as of 2026-02-28
Prepaid Expense and Other Assets, Current 235.90M as of 2026-02-28
Other Accrued Liabilities, Current 731.20M as of 2026-02-28
Inventory, Gross 1.37B as of 2026-02-28
Inventory, Work in Process and Raw Materials 701.10M as of 2026-02-28
Business Acquisition, Transaction Costs 7.90M as of 2026-02-28
Long-term Debt, Fair Value 3.54B as of 2026-02-28
Derivative, Notional Amount 1.12B as of 2026-02-28
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Intrinsic Value 22.80M as of 2026-02-28
Stock Issued During Period, Value, New Issues 14.00M 2025-12-01 → 2026-02-28
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period, Intrinsic Value 4.60M 2025-12-01 → 2026-02-28
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Intrinsic Value 22.20M as of 2026-02-28
Debt Issuance Costs, Net 500.00K as of 2026-02-28
Deferred Gain (Loss) on Discontinuation of Interest Rate Fair Value Hedge 1.10M as of 2026-02-28
Other Comprehensive Income, Other, Net of Tax 196.40M 2025-12-01 → 2026-02-28
Foreign Currency Cash Flow Hedge Gain (Loss) to be Reclassified During Next 12 Months -1.70M as of 2026-02-28
Derivative Liability, Fair Value, Gross Liability 62.40M as of 2026-02-28
Derivative Asset, Fair Value, Gross Asset 47.70M as of 2026-02-28
Unit segment · 2 concepts
Label Value Period
Number of Operating Segments 2 2025-12-01 → 2026-02-28
Number of Reportable Segments 2 2025-12-01 → 2026-02-28

Other

1 concepts 1 unit
Unit US$ · 1 concept
Label Value Period
Stock Repurchased and Retired During Period, Value 21.30M 2025-12-01 → 2026-02-28

Methodology

All facts on this page come straight from SEC EDGAR XBRL company-facts filings (MKC CIK 0000063754), grouped by financial statement using FASB's base us-gaap presentation taxonomy. Filers may re-parent concepts onto different statements in their own extension taxonomy, so a handful of rows can show up under a different statement than on the actual 10-K / 10-Q; custom concepts and any we couldn't map fall into Other. Hover a cell to see the fully-qualified concept name and the filer's description.

For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.