Revenue
$6.84B
Fiscal year ended 2025-11-30Operating income
$1.07B
Fiscal year ended 2025-11-30Free cash flow
Unavailable
Fiscal year ended 2025-11-30MCCORMICK & CO INC (MKC) reported revenue of $6.84B and net income of $789.40M for the fiscal year ended 2025-11-30. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from MCCORMICK & CO INC’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Miscellaneous Food Preparations & Kindred Products.
Income
| Metric | 2025-11-30 | 2024-11-30 | 2023-11-30 | 2022-11-30 | 2021-11-30 | 2020-11-30 | 2019-11-30 | 2018-11-30 | 2017-11-30 | 2016-11-30 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $6.84B | $6.72B | $6.66B | $6.35B | $6.32B | $5.60B | $5.35B | $5.30B | $4.73B | $4.41B |
| Cost of revenue | $4.25B | $4.13B | $4.16B | $4.08B | $3.82B | $3.30B | $3.20B | $3.21B | $2.94B | $2.58B |
| Gross profit | $2.59B | $2.59B | $2.50B | $2.27B | $2.49B | $2.30B | $2.15B | $2.09B | $1.79B | $1.83B |
| Operating income | $1.07B | $1.06B | $963.00M | $863.60M | $1.02B | $999.50M | $957.70M | $891.10M | $699.80M | $641.00M |
| Net income | $789.40M | $788.50M | $680.60M | $682.00M | $755.30M | $747.40M | $702.70M | $933.40M | $477.40M | $472.30M |
| Research & development | $106.10M | $102.90M | $94.90M | $87.50M | $87.30M | $68.60M | $67.30M | $69.40M | $66.10M | $61.00M |
| Weighted-average diluted shares | shares 269.40M | shares 269.60M | shares 269.80M | shares 270.20M | shares 269.90M | shares 269.10M | shares 268.10M | shares 266.50M | shares 128.40M | shares 128.00M |
| Pretax income | $913.00M | $898.30M | $798.70M | $812.80M | $895.80M | $881.50M | $819.20M | $741.30M | $594.80M | $589.20M |
| Income tax expense | $195.80M | $184.00M | $174.50M | $168.60M | $192.70M | $174.90M | $157.40M | -$157.30M | $151.30M | $153.00M |
| Diluted EPS | $2.93 | $2.92 | $2.52 | $2.52 | $2.80 | $2.78 | $2.62 | $3.50 | $3.72 | $3.69 |
| Selling, general & administrative | $1.50B | $1.52B | $1.48B | $1.36B | $1.40B | $1.28B | $1.17B | $1.16B | $1.03B | $1.18B |
| General & administrative | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Selling & marketing | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Balance
| Metric | 2025-11-30 | 2024-11-30 | 2023-11-30 | 2022-11-30 | 2021-11-30 | 2020-11-30 | 2019-11-30 | 2018-11-30 | 2017-11-30 | 2016-11-30 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $95.90M | $186.10M | $166.60M | $334.00M | $351.70M | $423.60M | $155.40M | $96.60M | $186.80M | $118.40M |
| Total assets | $13.20B | $13.07B | $12.86B | $13.12B | $12.91B | $12.09B | $10.36B | $10.26B | $10.39B | $4.64B |
| Current assets | $2.14B | $2.14B | $2.00B | $2.39B | $2.20B | $2.08B | $1.55B | $1.48B | $1.62B | $1.42B |
| Total liabilities | $7.43B | $7.75B | $7.78B | $8.43B | $8.48B | $8.15B | $6.91B | $7.07B | $7.81B | $3.00B |
| Current liabilities | $3.06B | $2.88B | $3.10B | $3.43B | $3.22B | $3.05B | $2.15B | $2.00B | $1.95B | $1.42B |
| Total equity incl. NCI | $5.77B | $5.32B | $5.08B | $4.70B | $4.43B | $3.94B | $3.46B | $3.18B | $2.57B | $1.64B |
| Temporary (mezzanine) equity | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Inventory | $1.27B | $1.24B | $1.13B | $1.34B | $1.18B | $1.03B | $801.20M | $786.30M | $793.30M | $756.30M |
| Accounts receivable | $628.90M | $587.40M | $587.50M | $573.70M | $549.50M | $528.50M | $502.90M | $518.10M | $555.10M | $465.20M |
| Goodwill | $5.30B | $5.23B | $5.26B | $5.21B | $5.34B | $4.99B | $4.51B | $4.53B | $4.49B | $1.77B |
| Long-term debt | $3.11B | $3.59B | $3.34B | $3.64B | $3.97B | $3.75B | $3.63B | $4.05B | $4.44B | $1.05B |
| Accounts payable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Cash flow
| Metric | 2025-11-30 | 2024-11-30 | 2023-11-30 | 2022-11-30 | 2021-11-30 | 2020-11-30 | 2019-11-30 | 2018-11-30 | 2017-11-30 | 2016-11-30 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $962.20M | $921.90M | $1.24B | $651.50M | $828.30M | $1.04B | $946.80M | $821.20M | $815.30M | $658.10M |
| Capital expenditures | Unavailable | Unavailable | Unavailable | $262.00M | $278.00M | $225.30M | $173.70M | $169.10M | $182.40M | $153.80M |
| Investing cash flow | -$255.20M | -$269.00M | -$260.50M | -$146.40M | -$908.60M | -$1.03B | -$171.00M | -$158.50M | -$4.51B | -$267.10M |
| Financing cash flow | -$840.90M | -$583.10M | -$1.18B | -$487.20M | $22.00M | $220.90M | -$725.80M | -$751.10M | $3.76B | -$371.50M |
| Net change in cash | -$90.20M | $19.50M | -$167.40M | -$17.70M | -$71.90M | $268.20M | $58.80M | -$90.20M | $68.40M | $5.80M |
| Stock-based compensation | $46.20M | $47.40M | $63.40M | $60.30M | $66.60M | $46.00M | $37.20M | $25.60M | $23.90M | $25.60M |
| Common dividends paid | $483.00M | $451.00M | $418.50M | $396.70M | $363.30M | $330.10M | $302.20M | $273.40M | $237.60M | $217.80M |
| Common share repurchases | $34.80M | $53.10M | $35.70M | $38.80M | $8.60M | $47.30M | $95.10M | $62.30M | $137.80M | $242.70M |
| Depreciation & amortization | $231.30M | $208.80M | $199.30M | $200.60M | $186.30M | $165.00M | $158.80M | $150.70M | $125.20M | $108.70M |
Derived
| Metric | 2025-11-30 | 2024-11-30 | 2023-11-30 | 2022-11-30 | 2021-11-30 | 2020-11-30 | 2019-11-30 | 2018-11-30 | 2017-11-30 | 2016-11-30 |
|---|---|---|---|---|---|---|---|---|---|---|
| Free cash flow | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | $816.00M | $773.10M | $652.10M | $632.90M | $504.30M |
| Gross margin | 37.9% | 38.5% | 37.6% | 35.8% | 39.5% | 41.1% | 40.1% | 39.5% | 37.9% | 41.5% |
| Operating margin | 15.7% | 15.8% | 14.5% | 13.6% | 16.1% | 17.8% | 17.9% | 16.8% | 14.8% | 14.5% |
| FCF margin | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | 14.6% | 14.5% | 12.3% | 13.4% | 11.4% |
| SBC / revenue | 0.7% | 0.7% | 1.0% | 0.9% | 1.1% | 0.8% | 0.7% | 0.5% | 0.5% | 0.6% |
| Current ratio | 0.70x | 0.74x | 0.65x | 0.70x | 0.68x | 0.68x | 0.72x | 0.74x | 0.83x | 1.00x |
| Revenue YoY growth | 1.7% | 0.9% | 4.9% | 0.5% | 12.8% | 4.7% | 0.8% | 12.1% | 7.2% | Unavailable |
| Net margin | 11.5% | 11.7% | 10.2% | 10.7% | 12.0% | 13.3% | 13.1% | 17.6% | 10.1% | 10.7% |
| R&D / revenue | 1.6% | 1.5% | 1.4% | 1.4% | 1.4% | 1.2% | 1.3% | 1.3% | 1.4% | 1.4% |
| CapEx / revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | 4.0% | 3.2% | 3.2% | 3.9% | 3.5% |
| Long-term debt / equity | 0.54x | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Effective tax rate | 21.4% | 20.5% | 21.8% | 20.7% | 21.5% | 19.8% | 19.2% | -21.2% | 25.4% | 26.0% |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open MKC in the interactive workspace to inspect any figure back to its filing.
Source filings
10-Q · Filed 2026-06-25View SEC filing
10-Q · Filed 2026-03-31View SEC filing
10-K · Filed 2026-01-22View SEC filing
10-Q · Filed 2025-10-07View SEC filing
10-Q · Filed 2025-06-26View SEC filing
10-Q · Filed 2025-03-25View SEC filing
Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.