McCormick & Company, Incorporated (MKC)

McCormick & Company Cash Flow Statement

Financials in millions USD. Fiscal year is December - November.

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 28, 2026	Nov 30, 2025	Aug 31, 2025	May 31, 2025	Feb 28, 2025	Nov 30, 2024	Aug 31, 2024	May 31, 2024	Feb 29, 2024	Nov 30, 2023	Aug 31, 2023	May 31, 2023	Feb 28, 2023	Nov 30, 2022	Aug 31, 2022	May 31, 2022	Feb 28, 2022	Nov 30, 2021	Aug 31, 2021	May 31, 2021
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
Depreciation & Amortization	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
Other Amortization	-	24.3	-	-	-	21.9	-	-	-	19.1	-	-	-	18.9	-	-	-	12.6	-	-
Loss (Gain) From Sale of Assets	-	-	-	-	-	-2.1	-	-	-	1.4	-	-	-	-0.5	-49.6	-13.6	-	0.2	-	-
Asset Writedown & Restructuring Costs	-	-	-	-	-	-	-	-	-	0.4	0.4	0.4	0.4	-3.3	0.6	11.3	1.4	10.7	-	6.5
Loss (Gain) From Sale of Investments	-866.8	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss (Gain) on Equity Investments	-19.2	-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
Stock-Based Compensation	20.7	8.9	7.7	9.6	20	7.5	8.8	19.4	11.7	12.3	12.6	26.7	11.8	11.2	12.2	25.8	11.1	12.4	11.6	28.4
Other Operating Activities	27.5	27.7	13.1	11.4	0.2	17.1	3	-7.2	23.6	27.5	18.1	20.2	13.9	28	9.2	9.4	9.2	49.6	1.8	13
Change in Accounts Receivable	18.7	37.2	-75.1	-42	65.2	51.7	-58.6	-30.1	16.5	26.3	-49.4	16.8	9.7	-2.2	-90.9	14.1	33.2	-23.9	-50.1	20.4
Change in Inventory	35.1	49.9	-6.9	-7.4	-11.7	-16.1	-80	-26.6	-2.3	85.3	68	71.9	-0.2	33.2	-78	-110.6	-49.9	2.8	-66.1	-68.9
Change in Accounts Payable	-98.7	63.7	12	-3.6	-70.9	22.8	21.6	76.3	14.4	22.3	-8.5	-27.1	-54.8	24.5	34.3	61.3	5.2	51.6	-8.3	65.2
Change in Other Net Operating Assets	-145.6	87	38.2	-134.5	-84.9	129.5	7.1	-93.2	-116	152.6	14.6	-8.3	-49.9	79.7	-6.9	-17.2	-185.5	113.8	4.8	-7.8
Operating Cash Flow	50.9	542	258.8	45.9	115.5	458.7	161.7	163.1	138.4	577.2	265.9	290.8	103.4	401.4	95.7	136.5	17.9	455.4	144.2	260.9
Operating Cash Flow Growth	-55.93%	18.16%	60.05%	-71.86%	-16.55%	-20.53%	-39.19%	-43.91%	33.85%	43.80%	177.85%	113.04%	477.65%	-11.86%	-33.63%	-47.68%	-	9.84%	-46.83%	-16.03%
Capital Expenditures	-32.5	-83.7	-52.7	-48.3	-37.1	-85.6	-59	-68.3	-62	-76.7	-68.6	-57.1	-61.5	-95.2	-65.2	-57.9	-43.7	-88.1	-77.1	-64.2
Cash Acquisitions	-729.9	-	-14.3	-19.8	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.2
Divestitures	-	-	-	-	-	-	-	-	-	1	-	-	-	-	95.2	-	-	-	-	-
Sale (Purchase) of Intangibles	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.5	12.1	-	-	-	-
Investment in Securities	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	65.4
Other Investing Activities	-	0.7	-	-	-	5.7	-	-	0.2	-	-0.1	2.5	-	4.3	2.2	0.3	-	10.1	0.1	0.2
Investing Cash Flow	-762.4	-83	-67	-68.1	-37.1	-79.9	-59	-68.3	-61.8	-75.7	-68.7	-54.6	-61.5	-90.9	33.7	-45.5	-43.7	-78	-77	1.6
Short-Term Debt Issued	928.5	-	-	-	-	-	-	-	57.3	-	-	-	67.9	-	-	-	97.3	-	-	-
Long-Term Debt Issued	497.4	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Debt Issued	1,426	-12.9	-101.3	116.9	-	-202	828.3	23	57.3	-	-	428.5	67.9	-199.8	770.1	30.7	97.3	-	-	1.1
Short-Term Debt Repaid	-	-	-	-	-25.9	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Long-Term Debt Repaid	-502.2	-	-	-	-11.5	-	-	-	-14.1	-	-	-	-3.6	-	-	-	-3.5	-	-	-
Total Debt Repaid	-502.2	-353.6	-2.1	23.8	-37.4	-48.3	-724.8	-13.9	-14.1	-370	-76.8	-782.3	-3.6	-3.3	-753.4	-11.8	-3.5	-229.6	58.7	-138.7
Net Debt Issued (Repaid)	923.7	-366.5	-103.4	140.7	-37.4	-250.3	103.5	9.1	43.2	-370	-76.8	-353.8	64.3	-203.1	16.7	18.9	93.8	-229.6	58.7	-137.6
Issuance of Common Stock	12.6	5.8	1.8	6.6	6.7	4.7	2.4	6	4.4	0.7	4.8	5.9	5.2	1.5	3.8	5.8	30.3	3	4.3	2.6
Repurchase of Common Stock	-20.1	-5.6	-3.3	-15.2	-23.9	-24.2	-24.5	-8.2	-5.2	-9	-8.1	-19.8	-9.6	-12.7	-13.2	-11.6	-20.7	-7.5	-3.1	-8.2
Common Dividends Paid	-128.9	-120.8	-120.7	-120.8	-120.7	-112.7	-112.8	-112.8	-112.7	-104.7	-104.6	-104.6	-104.6	-99.2	-99.3	-99.2	-99	-90.9	-90.8	-90.8
Other Financing Activities	-5.6	24.5	-9.8	1	20.1	5.3	-2.3	1.4	2.6	-	1.6	-1.1	-	-	-	-	-	-	-	-0.8
Financing Cash Flow	781.7	-462.6	-235.4	12.3	-155.2	-377.2	-33.7	-104.5	-67.7	-483	-183.1	-473.4	-44.7	-313.5	-92	-86.1	4.4	-325	-30.9	-234.8
Foreign Exchange Rate Adjustments	11.6	4.6	14.4	31.2	-6.5	-16.3	-34.5	-2	2.5	-6.6	13.2	7.8	25.6	-6.9	-19.3	-17.5	8.1	-13.3	-15.5	8
Net Cash Flow	81.8	1	-29.2	21.3	-83.3	-14.7	34.5	-11.7	11.4	11.9	27.3	-229.4	22.8	-9.9	18.1	-12.6	-13.3	39.1	20.8	35.7
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 Growth	-76.53%	22.84%	100.68%	-	2.62%	-25.45%	-47.95%	-59.44%	82.34%	63.45%	546.88%	197.33%	-	-16.63%	-54.55%	-60.04%	-	9.68%	-68.45%	-24.95%
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%
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
Cash Interest Paid	-	192.8	-	-	-	210.1	-	-	-	203.6	-	-	-	148.8	-	-	-	135.7	-	-
Cash Income Tax Paid	-	239.6	-	-	-	221	-	-	-	118.3	-	-	-	192.4	-	-	-	179.3	-	-
Levered Free Cash Flow	-189.76	487.13	118.68	-43.26	1.99	404.01	66.1	62.51	-21.53	480.05	164.89	218.1	14.35	280.05	43.04	44.79	-129.59	403.59	13.34	178.48
Unlevered Free Cash Flow	-160.2	516.19	150.05	-11.39	32.3	436.95	99.54	95.58	9.91	512.99	197.83	250.73	45.98	307.8	66.73	65.85	-108.9	424.4	34.53	200.73
Change in Working Capital	-190.5	237.8	-31.8	-187.5	-102.3	187.9	-109.9	-73.6	-87.4	286.5	24.7	53.3	-95.2	135.2	-141.5	-52.4	-197	144.3	-119.7	8.9

Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q