McCormick & Company, Incorporated (MKC)
NYSE: MKC · Real-Time Price · USD
47.04
+0.34 (0.73%)
May 19, 2026, 3:14 PM EDT - Market open
McCormick & Company Income Statement
Financials in millions USD. Fiscal year is December - November.
Millions USD. Fiscal year is Dec - Nov.
Fiscal Quarter | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Feb '26 Feb 28, 2026 | Nov '25 Nov 30, 2025 | Aug '25 Aug 31, 2025 | May '25 May 31, 2025 | Feb '25 Feb 28, 2025 | Nov '24 Nov 30, 2024 | Aug '24 Aug 31, 2024 | May '24 May 31, 2024 | Feb '24 Feb 29, 2024 | Nov '23 Nov 30, 2023 | Aug '23 Aug 31, 2023 | May '23 May 31, 2023 | Feb '23 Feb 28, 2023 | Nov '22 Nov 30, 2022 | Aug '22 Aug 31, 2022 | May '22 May 31, 2022 | Feb '22 Feb 28, 2022 | Nov '21 Nov 30, 2021 | Aug '21 Aug 31, 2021 | May '21 May 31, 2021 |
| 1,874 | 1,850 | 1,725 | 1,660 | 1,606 | 1,798 | 1,680 | 1,643 | 1,603 | 1,753 | 1,685 | 1,659 | 1,566 | 1,696 | 1,596 | 1,537 | 1,522 | 1,730 | 1,549 | 1,557 | |
Revenue Growth (YoY) | 16.72% | 2.91% | 2.69% | 0.99% | 0.18% | 2.58% | -0.29% | -0.96% | 2.38% | 3.37% | 5.58% | 7.96% | 2.83% | -2.00% | 2.98% | -1.28% | 2.76% | 11.07% | 8.33% | 11.11% |
Cost of Revenue | 1,150 | 1,129 | 1,079 | 1,037 | 1,002 | 1,076 | 1,030 | 1,024 | 1,003 | 1,052 | 1,062 | 1,044 | 1,003 | 1,071 | 1,029 | 1,014 | 962 | 1,023 | 949.8 | 942.1 |
Gross Profit | 723.9 | 721.4 | 646.1 | 622.8 | 604 | 722.2 | 649.9 | 619.6 | 599.3 | 701.3 | 622.8 | 615.5 | 562.9 | 624.4 | 566.7 | 523 | 560.4 | 707.6 | 599.6 | 614.6 |
Selling, General & Admin | 455.1 | 297.4 | 351.3 | 363.1 | 377.6 | 309.3 | 359.6 | 381.4 | 359.6 | 292.5 | 369 | 377.7 | 333.5 | 256.9 | 325.7 | 346.6 | 330.8 | 309.9 | 325.8 | 355.2 |
Research & Development | - | 106.1 | - | - | - | 102.9 | - | - | - | 94.9 | - | - | - | 87.5 | - | - | - | 87.3 | - | - |
Operating Expenses | 455.1 | 403.5 | 351.3 | 363.1 | 377.6 | 412.2 | 359.6 | 381.4 | 359.6 | 387.4 | 369 | 377.7 | 333.5 | 344.4 | 325.7 | 346.6 | 330.8 | 397.2 | 325.8 | 355.2 |
Operating Income | 268.8 | 317.9 | 294.8 | 259.7 | 226.4 | 310 | 290.3 | 238.2 | 239.7 | 313.9 | 253.8 | 237.8 | 229.4 | 280 | 241 | 176.4 | 229.6 | 310.4 | 273.8 | 259.4 |
Interest Expense | -47.3 | -46.5 | -50.2 | -51 | -48.5 | -52.7 | -53.5 | -52.9 | -50.3 | -52.7 | -52.7 | -52.2 | -50.6 | -44.4 | -37.9 | -33.7 | -33.1 | -33.3 | -33.9 | -35.6 |
Interest & Investment Income | - | 40.1 | - | - | - | 45.9 | - | - | - | 36.6 | - | - | - | 6.1 | 4.8 | - | - | 2.8 | 2.4 | - |
Earnings From Equity Investments | 886 | 18.2 | 16.9 | 19.7 | 18.5 | 18.2 | 17.9 | 16.8 | 21.3 | 18.7 | 13.4 | 10.3 | 14 | 10.6 | 7.5 | 10.4 | 9.3 | 6.4 | 9.1 | 23.4 |
Currency Exchange Gain (Loss) | -0.8 | -1 | 0.8 | -17.4 | -1.2 | -1.3 | -0.9 | -3.8 | -1.5 | 0.4 | -2.4 | -6.5 | 0.9 | -0.5 | 0.4 | 7 | - | 0.2 | 0.2 | -9.7 |
Other Non Operating Income (Expenses) | 4.4 | -31 | 7.4 | 26.1 | 9.8 | -36.1 | 12.2 | 13.9 | 10.6 | -25.2 | 6.8 | 16.2 | 7.6 | -18 | 20.2 | -3.3 | 3.7 | 0.6 | -0.6 | 12.2 |
EBT Excluding Unusual Items | 1,111 | 297.7 | 269.7 | 237.1 | 205 | 284 | 266 | 212.2 | 219.8 | 291.7 | 218.9 | 205.6 | 201.3 | 233.8 | 236 | 156.8 | 209.5 | 287.1 | 251 | 249.7 |
Merger & Restructuring Charges | -39.1 | -2.2 | -4.9 | -12.2 | - | 5.2 | -1.9 | -1 | -4.2 | -14.1 | -6.1 | -13.2 | -27.8 | -13.6 | -3.4 | -16.6 | -19.2 | -32.5 | -7.1 | -20.6 |
Gain (Loss) on Sale of Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | 18.7 | - | - | - | - | - | - |
Gain (Loss) on Sale of Assets | - | - | - | - | - | - | - | - | - | -1.2 | - | - | - | - | 49.6 | - | - | - | - | - |
Other Unusual Items | -1 | -3.3 | - | -0.6 | - | -6.8 | - | -0.8 | - | - | - | - | - | - | - | - | -1 | - | - | - |
Pretax Income | 1,071 | 292.2 | 264.8 | 224.3 | 205 | 282.4 | 264.1 | 210.4 | 215.6 | 276.4 | 212.8 | 192.4 | 173.5 | 238.9 | 282.2 | 140.2 | 189.3 | 254.6 | 243.9 | 229.1 |
Income Tax Expense | 48.7 | 65.6 | 39.3 | 49.3 | 41.6 | 67.2 | 41 | 26.2 | 49.6 | 57.1 | 42.7 | 40.3 | 34.4 | 53.2 | 59.3 | 21.7 | 34.4 | 57.2 | 31.5 | 45.4 |
Earnings From Continuing Operations | 1,022 | 226.6 | 225.5 | 175 | 163.4 | 215.2 | 223.1 | 184.2 | 166 | 219.3 | 170.1 | 152.1 | 139.1 | 185.7 | 222.9 | 118.5 | 154.9 | 197.4 | 212.4 | 183.7 |
Minority Interest in Earnings | -6.1 | - | - | - | -1.1 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Net Income | 1,016 | 226.6 | 225.5 | 175 | 162.3 | 215.2 | 223.1 | 184.2 | 166 | 219.3 | 170.1 | 152.1 | 139.1 | 185.7 | 222.9 | 118.5 | 154.9 | 197.4 | 212.4 | 183.7 |
Net Income to Common | 1,016 | 226.6 | 225.5 | 175 | 162.3 | 215.2 | 223.1 | 184.2 | 166 | 219.3 | 170.1 | 152.1 | 139.1 | 185.7 | 222.9 | 118.5 | 154.9 | 197.4 | 212.4 | 183.7 |
Net Income Growth | 526.12% | 5.30% | 1.08% | -5.00% | -2.23% | -1.87% | 31.16% | 21.11% | 19.34% | 18.09% | -23.69% | 28.35% | -10.20% | -5.93% | 4.94% | -35.49% | -4.26% | -1.64% | 3.06% | -6.23% |
Shares Outstanding (Basic) | 269 | 269 | 269 | 269 | 268 | 268 | 269 | 269 | 268 | 268 | 268 | 268 | 268 | 268 | 268 | 268 | 268 | 267 | 267 | 267 |
Shares Outstanding (Diluted) | 269 | 269 | 269 | 269 | 270 | 270 | 270 | 270 | 270 | 270 | 270 | 270 | 270 | 270 | 270 | 271 | 271 | 270 | 270 | 270 |
Shares Change (YoY) | -0.04% | -0.15% | -0.15% | -0.11% | -0.04% | 0.04% | -0.15% | -0.04% | -0.07% | -0.11% | -0.04% | -0.26% | -0.26% | - | 0.07% | 0.18% | 0.22% | 0.07% | 0.15% | 0.56% |
EPS (Basic) | 3.78 | 0.84 | 0.84 | 0.65 | 0.60 | 0.80 | 0.83 | 0.69 | 0.62 | 0.82 | 0.63 | 0.57 | 0.52 | 0.69 | 0.83 | 0.44 | 0.58 | 0.74 | 0.79 | 0.69 |
EPS (Diluted) | 3.77 | 0.84 | 0.84 | 0.65 | 0.60 | 0.79 | 0.83 | 0.68 | 0.62 | 0.81 | 0.63 | 0.56 | 0.52 | 0.69 | 0.82 | 0.44 | 0.57 | 0.73 | 0.79 | 0.68 |
EPS Growth | 528.33% | 6.41% | 1.15% | -4.41% | -2.99% | -2.58% | 31.75% | 21.43% | 19.25% | 17.58% | -23.17% | 27.27% | -9.01% | -5.46% | 3.80% | -35.29% | -5.00% | -2.65% | 3.95% | -6.85% |
Free Cash Flow | 18.4 | 458.3 | 206.1 | -2.4 | 78.4 | 373.1 | 102.7 | 94.8 | 76.4 | 500.5 | 197.3 | 233.7 | 41.9 | 306.2 | 30.5 | 78.6 | -25.8 | 367.3 | 67.1 | 196.7 |
Free Cash Flow Per Share | 0.07 | 1.70 | 0.77 | -0.01 | 0.29 | 1.38 | 0.38 | 0.35 | 0.28 | 1.86 | 0.73 | 0.87 | 0.15 | 1.13 | 0.11 | 0.29 | -0.10 | 1.36 | 0.25 | 0.73 |
Dividend Per Share | 0.480 | 0.450 | 0.450 | 0.450 | 0.450 | 0.420 | 0.420 | 0.420 | 0.420 | 0.390 | 0.390 | 0.390 | 0.390 | 0.370 | 0.370 | 0.370 | 0.370 | 0.340 | 0.340 | 0.340 |
Dividend Growth | 6.67% | 7.14% | 7.14% | 7.14% | 7.14% | 7.69% | 7.69% | 7.69% | 7.69% | 5.41% | 5.41% | 5.41% | 5.41% | 8.82% | 8.82% | 8.82% | 8.82% | 9.68% | 9.68% | 9.68% |
Gross Margin | 38.63% | 38.99% | 37.46% | 37.53% | 37.62% | 40.17% | 38.69% | 37.71% | 37.39% | 40.01% | 36.97% | 37.10% | 35.96% | 36.82% | 35.52% | 34.03% | 36.81% | 40.89% | 38.70% | 39.48% |
Operating Margin | 14.34% | 17.18% | 17.09% | 15.65% | 14.10% | 17.24% | 17.28% | 14.50% | 14.96% | 17.91% | 15.07% | 14.33% | 14.65% | 16.51% | 15.10% | 11.48% | 15.08% | 17.94% | 17.67% | 16.66% |
Profit Margin | 54.23% | 12.25% | 13.07% | 10.54% | 10.11% | 11.97% | 13.28% | 11.21% | 10.36% | 12.51% | 10.10% | 9.17% | 8.88% | 10.95% | 13.97% | 7.71% | 10.17% | 11.41% | 13.71% | 11.80% |
Free Cash Flow Margin | 0.98% | 24.77% | 11.95% | -0.14% | 4.88% | 20.75% | 6.11% | 5.77% | 4.77% | 28.55% | 11.71% | 14.09% | 2.68% | 18.06% | 1.91% | 5.12% | -1.70% | 21.23% | 4.33% | 12.64% |
EBITDA | 331.8 | 352.8 | 356 | 316.8 | 280.2 | 339.4 | 344.9 | 295.3 | 285.5 | 343.3 | 307.2 | 286.2 | 276.8 | 316.8 | 290.4 | 224.3 | 277.2 | 345 | 321 | 303.2 |
EBITDA Margin | 17.71% | 19.07% | 20.64% | 19.09% | 17.45% | 18.88% | 20.53% | 17.97% | 17.81% | 19.59% | 18.23% | 17.25% | 17.68% | 18.68% | 18.20% | 14.59% | 18.21% | 19.94% | 20.72% | 19.48% |
D&A For EBITDA | 63 | 34.9 | 61.2 | 57.1 | 53.8 | 29.4 | 54.6 | 57.1 | 45.8 | 29.4 | 53.4 | 48.4 | 47.4 | 36.8 | 49.4 | 47.9 | 47.6 | 34.6 | 47.2 | 43.8 |
EBIT | 268.8 | 317.9 | 294.8 | 259.7 | 226.4 | 310 | 290.3 | 238.2 | 239.7 | 313.9 | 253.8 | 237.8 | 229.4 | 280 | 241 | 176.4 | 229.6 | 310.4 | 273.8 | 259.4 |
EBIT Margin | 14.34% | 17.18% | 17.09% | 15.65% | 14.10% | 17.24% | 17.28% | 14.50% | 14.96% | 17.91% | 15.07% | 14.33% | 14.65% | 16.51% | 15.10% | 11.48% | 15.08% | 17.94% | 17.67% | 16.66% |
Effective Tax Rate | 4.55% | 22.45% | 14.84% | 21.98% | 20.29% | 23.80% | 15.52% | 12.45% | 23.01% | 20.66% | 20.07% | 20.95% | 19.83% | 22.27% | 21.01% | 15.48% | 18.17% | 22.47% | 12.91% | 19.82% |
Source: S&P Global Market Intelligence. Standard template. Financial Sources.