McCormick & Company (MKC) Financials: History & Chart

McCormick & Company, Incorporated (MKC)MKCMcCormick & Company, Incorporated

About McCormick & Company, Incorporated

McCormick & Company, Incorporated is a global leader in the manufacture, marketing, and distribution of a wide array of flavorful products, including spices, seasoning mixes, and condiments, to the food industry. Its operations are divided into two primary segments: Consumer and Flavor Solutions. The Consumer segment provides an extensive range of items such as spices, herbs, seasonings, sauces, and desserts. These are sold under numerous prominent brands across various regions: McCormick, French's, Frank's RedHot, Lawry's Cholula Hot Sauce, Gourmet Garden, Club House, and OLD BAY in the Americas; Ducros, Schwartz, Kamis, Drogheria & Alimentari, and Vahiné throughout Europe, the Middle East, and Africa (EMEA); McCormick and DaQiao in China; and McCormick, Aeroplane, and Gourmet Garden in Australia. In addition, it offers specialized regional and ethnic brands like Zatarain's, Stubb's, Thai Kitchen, and Simply Asia, and also produces goods for private labels. Its customer base encompasses a broad spectrum of retailers, including grocery stores, mass merchandisers, warehouse clubs, discount and drug stores, and e-commerce platforms. Distribution to these outlets occurs both directly and indirectly via distributors and wholesale foodservice providers. The Flavor Solutions segment caters to large-scale food manufacturers and the wider foodservice industry. It supplies essential ingredients such as seasoning blends, spices, herbs, condiments, coating systems, and complex flavor formulations. These products are delivered directly to clients or through a network of distributors. Founded in 1889, the company maintains its headquarters in Hunt Valley, Maryland.

Hunt Valley, MD

14,100 employees

www.mccormickcorporation.com

Consumer Defensive / Packaged Foods

Sector: Consumer Defensive
Industry: Packaged Foods
CEO: Brendan Foley

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Financials

SEC Filings

Quarterly Income Statement (USD)

Swipe horizontally to review earlier periods. The line-item column stays pinned.

Quarterly Report	TTM	Quarter ended May 2026	Quarter ended Feb 2026	Quarter ended Nov 2025	Quarter ended Aug 2025	Quarter ended May 2025	Quarter ended Feb 2025	Quarter ended Nov 2024	Quarter ended Aug 2024
Revenue	7.39B	1.94B	1.87B	1.85B	1.72B	1.66B	1.61B	1.80B	1.68B
Cost of Goods Sold	4.53B	1.16B	1.17B	1.13B	1.08B	1.04B	1.00B	1.08B	1.03B
Gross Profit	2.85B	778.20M	708.90M	720.30M	645.10M	622.80M	604.00M	722.20M	649.90M
Gross Profit Margin	38.6%	40.2%	37.8%	38.9%	37.4%	37.5%	37.6%	40.2%	38.7%
Total Operating Expenses	1.72B	501.80M	456.30M	404.80M	356.40M	377.00M	378.80M	416.00M	363.40M
Research & Development	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Selling, General & Administrative	1.66B	441.80M	456.30M	404.80M	352.50M	364.20M	378.80M	414.40M	361.50M
Operating Income (EBIT)	1.13B	276.40M	252.60M	315.50M	288.70M	245.80M	225.20M	306.20M	286.50M
Operating Margin	15.3%	14.3%	13.5%	17.1%	16.7%	14.8%	14.0%	17.0%	17.1%
Income Before Tax (EBT)	962.20M	220.20M	185.00M	292.20M	264.80M	224.30M	203.90M	282.40M	264.10M
Interest Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	45.90M	N/A
Interest Expense	206.70M	62.70M	47.30M	46.50M	50.20M	51.00M	48.50M	52.70M	53.50M
Other Income/Expense	-171.00M	-56.20M	-67.60M	-23.30M	-23.90M	-21.50M	-21.30M	-23.80M	-22.40M
Net Income	1.63B	160.20M	1.02B	226.60M	225.50M	175.00M	162.30M	215.20M	223.10M
Income Tax Expense	217.10M	63.50M	48.70M	65.60M	39.30M	49.30M	41.60M	67.20M	41.00M
Net Profit Margin	22.0%	8.3%	54.2%	12.2%	13.1%	10.5%	10.1%	12.0%	13.3%
EBITDA	1.32B	276.40M	315.60M	374.70M	349.90M	302.90M	279.00M	357.50M	341.10M
EBITDA Margin	17.8%	14.3%	16.8%	20.2%	20.3%	18.3%	17.4%	19.9%	20.3%
Depreciation & Amortization	183.40M	0.00	63.00M	59.20M	61.20M	57.10M	53.80M	51.30M	54.60M
EPS Basic	6.02	0.56	3.78	0.84	0.84	0.65	0.60	0.80	0.83
EPS Diluted	6.01	0.56	3.77	0.84	0.84	0.65	0.60	0.80	0.83
Shares Outstanding	269.20M	269.20M	268.80M	268.60M	268.60M	268.60M	268.30M	268.40M	268.60M
Diluted Shares Outstanding	269.20M	269.20M	269.40M	269.30M	269.30M	269.40M	269.50M	269.70M	269.70M

Annual Income Statement (USD)

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Annual Report	11/30/2025	11/30/2024	11/30/2023	11/30/2022	11/30/2021	11/30/2020	11/30/2019	11/30/2018
Revenue	6.84B	6.72B	6.66B	6.35B	6.32B	5.60B	5.35B	5.30B
Cost of Goods Sold	4.25B	4.13B	4.16B	4.08B	3.82B	3.30B	3.20B	3.21B
Gross Profit	2.59B	2.59B	2.50B	2.27B	2.49B	2.30B	2.15B	2.09B
Gross Profit Margin	37.9%	38.5%	37.6%	35.8%	39.5%	41.1%	40.1%	39.5%
Total Operating Expenses	1.50B	1.53B	1.54B	1.41B	1.48B	1.30B	1.19B	1.20B
Research & Development	N/A	N/A	N/A	N/A	87.30M	N/A	N/A	N/A
Selling, General & Administrative	1.50B	1.52B	1.48B	1.36B	1.40B	1.28B	1.17B	1.16B
Operating Income (EBIT)	1.09B	1.06B	963.00M	863.60M	1.02B	999.50M	957.70M	891.10M
Operating Margin	16.0%	15.8%	14.5%	13.6%	16.1%	17.8%	17.9%	16.8%
Income Before Tax (EBT)	985.20M	972.50M	855.10M	850.60M	948.00M	922.30M	860.10M	776.10M
Interest Income	N/A	45.90M	36.60M	17.80M	9.30M	7.80M	10.10M	7.10M
Interest Expense	196.20M	209.40M	208.20M	149.10M	136.60M	135.60M	165.20M	174.60M
Other Income/Expense	-106.70M	-87.80M	-107.90M	-13.00M	-67.10M	-77.20M	-97.60M	-115.00M
Net Income	789.40M	788.50M	680.60M	682.00M	755.30M	747.40M	702.70M	933.40M
Income Tax Expense	195.80M	184.00M	174.50M	168.60M	192.70M	174.90M	157.40M	-157.30M
Net Profit Margin	11.5%	11.7%	10.2%	10.7%	12.0%	13.3%	13.1%	17.6%
EBITDA	1.32B	1.27B	1.16B	1.06B	1.20B	1.16B	1.12B	1.04B
EBITDA Margin	19.3%	18.9%	17.4%	16.8%	19.0%	20.8%	20.9%	19.6%
Depreciation & Amortization	231.30M	208.80M	199.30M	200.60M	186.30M	165.00M	158.80M	150.70M
EPS Basic	2.94	2.94	2.54	2.54	2.83	2.80	2.65	3.55
EPS Diluted	2.93	2.92	2.52	2.52	2.80	2.78	2.62	3.50
Shares Outstanding	268.60M	268.50M	268.40M	268.20M	267.30M	266.50M	265.20M	262.93M
Diluted Shares Outstanding	269.30M	269.60M	269.80M	270.20M	269.90M	269.10M	268.20M	266.69M

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.