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    McCormick & Company Inc (MKC)

    Financials

    Updated Mar 25, 2025, 9:28 PM UTC
    Income Statement - MetricFY 2013Q1 2014Q2 2014Q3 2014Q4 2014FY 2014Q1 2015Q2 2015Q3 2015Q4 2015FY 2015Q1 2016Q2 2016Q3 2016Q4 2016FY 2016Q1 2017Q2 2017Q3 2017Q4 2017FY 2017Q1 2018Q2 2018Q3 2018Q4 2018FY 2018Q1 2019Q2 2019Q3 2019Q4 2019FY 2019Q1 2020Q2 2020Q3 2020Q4 2020FY 2020Q1 2021Q2 2021Q3 2021Q4 2021FY 2021Q1 2022Q2 2022Q3 2022Q4 2022FY 2022Q1 2023Q2 2023Q3 2023Q4 2023FY 2023Q1 2024Q2 2024Q3 2024Q4 2024FY 2024Q1 2025
    Net Sales (USD, millions)--1,602.71,643.201,679.801,798.006,723.71,605.5
    Cost of Goods Sold (USD, millions)--1,003.41,023.601,029.901,075.804,132.71,001.5
    Gross Profit (USD, millions)--599.3619.60649.90722.202,591.0604.0
    Selling, General and Administrative Expense (USD, millions)--361.6383.70361.50414.401,521.2378.8
    Special Charges (USD, millions)--4.21.801.901.609.5-
    Operating Income (USD, millions)--233.5234.10286.50306.201,060.3225.2
    Interest Expense (USD, millions)--50.352.9053.5052.70209.448.5
    Other Income, Net (USD, millions)--11.112.4013.2010.7047.49.8
    Income from Consolidated Operations Before Income Taxes (USD, millions)--194.3193.60246.20264.20898.3186.5
    Income Tax Expense (USD, millions)--49.626.2041.0067.20184.041.6
    Net Income from Consolidated Operations (USD, millions)--144.7167.40205.20197.00714.3144.9
    Income from Unconsolidated Operations (USD, millions)--21.316.8017.9018.2074.217.4
    Net Income (USD, millions)--166.0184.20223.10215.20788.5162.3
    Earnings per Share - Basic (USD)--0.620.680.830.812.940.60
    Earnings per Share - Diluted (USD)--0.620.680.830.792.920.60
    Balance Sheet - MetricFY 2013Q1 2014Q2 2014Q3 2014Q4 2014FY 2014Q1 2015Q2 2015Q3 2015Q4 2015FY 2015Q1 2016Q2 2016Q3 2016Q4 2016FY 2016Q1 2017Q2 2017Q3 2017Q4 2017FY 2017Q1 2018Q2 2018Q3 2018Q4 2018FY 2018Q1 2019Q2 2019Q3 2019Q4 2019FY 2019Q1 2020Q2 2020Q3 2020Q4 2020FY 2020Q1 2021Q2 2021Q3 2021Q4 2021FY 2021Q1 2022Q2 2022Q3 2022Q4 2022FY 2022Q1 2023Q2 2023Q3 2023Q4 2023FY 2023Q1 2024Q2 2024Q3 2024Q4 2024FY 2024Q1 2025
    Cash and cash equivalents (USD, millions)--178.0166.3200.8186.1186.1102.8
    Trade accounts receivable, net of allowances (USD, millions)--567.5598.5660.9587.4587.4516.9
    Inventories (USD, millions)--1,129.61,158.21,242.61,239.91,239.91,245.6
    Total current assets (USD, millions)--2,020.22,069.42,244.32,139.02,139.02,012.7
    Property, plant and equipment, net (USD, millions)--1,354.51,366.11,399.51,413.01,413.01,392.9
    Goodwill (USD, millions)--5,253.65,257.25,277.75,227.55,227.55,206.1
    Total assets (USD, millions)--12,890.112,987.613,204.913,070.313,070.312,899.8
    Short-term borrowings (USD, millions)--329.5352.41,180.7483.1483.1456.9
    Trade accounts payable (USD, millions)--1,133.31,210.31,227.81,238.11,238.11,161.9
    Other accrued liabilities (USD, millions)--712.6635.0671.6896.4896.4728.0
    Total current liabilities (USD, millions)--2,973.82,984.33,144.32,882.82,882.83,101.9
    Long-term debt (USD, millions)--3,329.13,325.83,343.13,593.63,593.63,095.7
    Total liabilities (USD, millions)--7,632.77,633.47,753.97,753.57,753.57,450.1
    Common stock (USD, millions)--594.1601.9594.4587.6587.6588.5
    Retained earnings (USD, millions)--3,412.83,480.33,577.23,545.03,545.03,694.3
    Total shareholders’ equity (USD, millions)--5,257.45,354.25,451.05,316.85,316.85,449.7
    Total liabilities and shareholders’ equity (USD, millions)--12,890.112,987.613,204.913,070.313,070.312,899.8
    Cash Flow - MetricFY 2013Q1 2014Q2 2014Q3 2014Q4 2014FY 2014Q1 2015Q2 2015Q3 2015Q4 2015FY 2015Q1 2016Q2 2016Q3 2016Q4 2016FY 2016Q1 2017Q2 2017Q3 2017Q4 2017FY 2017Q1 2018Q2 2018Q3 2018Q4 2018FY 2018Q1 2019Q2 2019Q3 2019Q4 2019FY 2019Q1 2020Q2 2020Q3 2020Q4 2020FY 2020Q1 2021Q2 2021Q3 2021Q4 2021FY 2021Q1 2022Q2 2022Q3 2022Q4 2022FY 2022Q1 2023Q2 2023Q3 2023Q4 2023FY 2023Q1 2024Q2 2024Q3 2024Q4 2024FY 2024Q1 2025
    Net cash provided by operating activities (USD, millions)577.201,237.3-----115.5
    Net cash used in investing activities (USD, millions)(75.70)(260.5)-----(37.1)
    Net cash (used in) provided by financing activities (USD, millions)(483.00)(1,184.2)-----(155.2)
    Increase (decrease) in cash and cash equivalents (USD, millions)-------(83.3)
    Cash and cash equivalents at beginning of year (USD, millions)334.0334.0-----186.1
    Cash and cash equivalents at end of year (USD, millions)166.6166.6-----102.8
    Revenue by Segment - in Millions of USDFY 2013Q1 2014Q2 2014Q3 2014Q4 2014FY 2014Q1 2015Q2 2015Q3 2015Q4 2015FY 2015Q1 2016Q2 2016Q3 2016Q4 2016FY 2016Q1 2017Q2 2017Q3 2017Q4 2017FY 2017Q1 2018Q2 2018Q3 2018Q4 2018FY 2018Q1 2019Q2 2019Q3 2019Q4 2019FY 2019Q1 2020Q2 2020Q3 2020Q4 2020FY 2020Q1 2021Q2 2021Q3 2021Q4 2021FY 2021Q1 2022Q2 2022Q3 2022Q4 2022FY 2022Q1 2023Q2 2023Q3 2023Q4 2023FY 2023Q1 2024Q2 2024Q3 2024Q4 2024FY 2024Q1 2025
    Consumer1,048.63,807.3921.5904.5937.4--919.2
    - Spices & Seasoning-1,578.3------
    - Recipe Mixes-430.5------
    - Condiments & Sauces-921.0------
    - Regional Leaders-877.5------
    Flavor Solutions704.22,854.9681.2738.7742.4--686.3
    - Flavors-1,585.7------
    - Branded Foodservice-598.4------
    - Custom Condiments-317.1------
    - Coatings, Bulk Spices & Herbs-353.7------
    Total Revenue1,752.86,662.21,602.71,643.21,679.8--1,605.5
    Revenue by Geography - in Millions of USDFY 2013Q1 2014Q2 2014Q3 2014Q4 2014FY 2014Q1 2015Q2 2015Q3 2015Q4 2015FY 2015Q1 2016Q2 2016Q3 2016Q4 2016FY 2016Q1 2017Q2 2017Q3 2017Q4 2017FY 2017Q1 2018Q2 2018Q3 2018Q4 2018FY 2018Q1 2019Q2 2019Q3 2019Q4 2019FY 2019Q1 2020Q2 2020Q3 2020Q4 2020FY 2020Q1 2021Q2 2021Q3 2021Q4 2021FY 2021Q1 2022Q2 2022Q3 2022Q4 2022FY 2022Q1 2023Q2 2023Q3 2023Q4 2023FY 2023Q1 2024Q2 2024Q3 2024Q4 2024FY 2024Q1 2025
    Americas1,2814,756.91,117.11,166.41,209.3--$1,118.3
    EMEA313.91,212.8306.7307.3295.4--$299.5
    APAC157.9692.5178.9169.5175.1--$187.7
    - United States-4,083.8------
    - Other Countries-1,365.6------
    - Americas (Consumer)--------
    - Americas (Industrial)--------
    Total Revenue1,752.86,662.21,602.71,643.21,679.8--$1,605.5