McCormick (MKC) financial statements
+115.3%since 2008
- FY2025 revenue
- $6.8B▲ +1.7%
- FY2025 net income
- $789M▲ +0.1%
- FY2025 diluted EPS
- $2.93▲ +0.3%
- FY2025 free cash flow
- $740M▲ +14.4%
McCormick income statement
| USD millions | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Period ended | 30 Nov 2025 | 30 Nov 2024 | 30 Nov 2023 |
| Revenue | 6,840 | 6,724 | 6,662 |
| Gross profit | 2,592 | 2,591 | 2,503 |
| Operating income | 1,071 | 1,060 | 963 |
| Pretax income | 913 | 898 | 799 |
| Net income | 789 | 789 | 681 |
| Diluted earnings per share | 2.93 | 2.92 | 2.52 |
McCormick balance sheet
| USD millions | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Period ended | 30 Nov 2025 | 30 Nov 2024 | 30 Nov 2023 |
| Cash and cash equivalents | 96 | 186 | 167 |
| Total assets | 13,200 | 13,070 | 12,862 |
| Total liabilities | 7,432 | 7,754 | 7,779 |
| Total equity | 5,768 | 5,317 | 5,084 |
| Long-term debt | 3,106 | 3,594 | 3,340 |
McCormick cash flow statement
| USD millions | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Period ended | 30 Nov 2025 | 30 Nov 2024 | 30 Nov 2023 |
| Operating cash flow | 962 | 922 | 1,237 |
| Capital expenditure | -222 | -275 | -264 |
| Free cash flow (derived) | 740 | 647 | 973 |
| Dividends paid | -483 | -451 | -418 |
| Share repurchases | -35 | -53 | -36 |
Quarterly highlights
| USD millions | Q3 FY2026 | Q2 FY2026 | Q1 FY2026 | Q4 FY2025 |
|---|---|---|---|---|
| Period ended | 31 Aug 2026 | 31 May 2026 | 28 Feb 2026 | 30 Nov 2025 |
| Revenue (derived) | 2,025 | 1,937 | 1,874 | 1,850 |
| Operating income (derived) | 217 | 276 | 228 | 311 |
| Net income (derived) | 98 | 150 | 1,016 | 227 |
| Diluted earnings per share | 0.36 | 0.56 | 3.77 | n/a |
| Operating cash flow (derived) | 168 | 380 | 51 | 542 |
| Total assets | 16,651 | 16,477 | 16,346 | 13,200 |
McCormick major shareholders
| Holder | Share of class | Shares | Filed |
|---|---|---|---|
| Lawrence E. Kurzius | 9.9% | 1,590,319 | 12 August 2026 |
| Vanguard Capital Management | 7.5% | 19,099,707 | 30 April 2026 |
| Vanguard Portfolio Management | 5.5% | 13,895,266 | 29 April 2026 |
| Brendan M. Foley | 5.1% | 790,496 | 13 February 2026 |
McCormick 10-K and SEC filings
| Filed | Form | Type | Description |
|---|---|---|---|
| 1 October 2026 | 10-Q | Quarterly report | Quarterly report |
| 1 October 2026 | 8-K | Current report | Current report |
| 28 September 2026 | 8-K | Current report | Current report |
| 28 August 2026 | 8-K | Current report | Current report |
| 25 June 2026 | 10-Q | Quarterly report | Quarterly report |
| 25 June 2026 | 8-K | Current report | Current report |
| 26 May 2026 | 8-K | Current report | Current report |
| 1 May 2026 | 8-K | Current report | CURRENT REPORT |
Common questions
What was McCormick's revenue in fiscal 2025?
McCormick reported $6.8 billion in revenue for fiscal 2025, the year ended 30 November 2025, up 1.7% from fiscal 2024.
What was McCormick's net income in fiscal 2025?
McCormick reported net income of $789 million for fiscal 2025, the year ended 30 November 2025, up 0.1% from fiscal 2024. Diluted earnings per share were $2.93.
What was McCormick's free cash flow in fiscal 2025?
McCormick had $740 million in free cash flow in fiscal 2025. Operating cash flow was $962 million and capital expenditure was $222 million.
What were McCormick's total assets at the end of fiscal 2025?
McCormick reported total assets of $13.2 billion at the end of fiscal 2025, the year ended 30 November 2025.
How much McCormick history do I get?
Every account gets the full history, annual and quarterly, with first reported values and as of dates.
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