McCormick & Co Inc. financials

  1. Home
  2. Financials
  3. MKC
MKC CIK 0000063754

Source: EDGAR filings · Built 2026-06-02T03:33:36Z

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 732.00M 639.00M 965.80M 382.20M 543.20M 809.10M
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 0.70× 0.74× 0.65× 0.70× 0.68× 0.68×
Debt-to-Equity 0.82× 0.97× 0.99× 1.44× 1.38× 1.54×
Effective Tax Rate 21.45% 20.48% 21.85% 20.74% 21.51% 19.84%
Cash Conversion Ratio 1.22× 1.17× 1.82× 0.96× 1.10× 1.39×
Accruals Ratio -0.01× -0.01× -0.04× 0.00× -0.01× -0.02×
SBC % of Revenue 0.68% 0.70% 0.95% 0.95% 1.05% 0.82%
CapEx Coverage 4.18× 3.26× 4.56× 2.42× 2.91× 4.48×
Free Cash Flow Per Share $2.72 $2.37 $3.58 $1.41 $2.01 $3.01

Valuation Metrics

Concept FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
P/E Trailing (Diluted) 23.03× 26.85× 25.73× 33.80× 30.65× 33.63×
P/FCF 24.84× 33.08× 18.11× 60.22× 42.64× 31.09×
FCF Yield 4.03% 3.02% 5.52% 1.66% 2.35% 3.22%
EV / EBITDA 17.50× 20.57× 19.23× 27.64× 24.05× 48.05×
P/S 2.66× 3.14× 2.63× 3.62× 3.67× 8.98×
P/B 3.17× 4.00× 3.46× 4.92× 5.25× 12.82×

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.

Loading filing details…

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.

Related tickers

CALY

Callaway Golf Company

KLIC

KULICKE AND SOFFA INDUSTRIES, INC.

SN

SHARKNINJA, INC.