MCCORMICK & CO INC

MKC · Mid cap · 2 articles

Financial highlights

Metric	FY 11/30/25	FY 11/30/24	FY 11/30/23	FY 11/30/22	FY 11/30/21
Income Statement
Revenue	$6.8B	$6.7B	$6.7B	$6.4B	$6.3B
Cost of revenue	$4.2B	$4.1B	$4.2B	$4.1B	$3.8B
Gross profit	$2.6B	$2.6B	$2.5B	$2.3B	$2.5B
Selling, general & administrative	$1.5B	$1.5B	$1.5B	$1.4B	$1.4B
Research and development	$106.1M	$102.9M	$94.9M	$87.5M	$87.3M
Operating income	$1.1B	$1.1B	$963.0M	$863.6M	$1.0B
Interest expense	$196.2M	$209.4M	$208.2M	$149.1M	$136.6M
Pretax income	$913.0M	$898.3M	$798.7M	$812.8M	$895.8M
Income tax expense	$195.8M	$184.0M	$174.5M	$168.6M	$192.7M
Net income	$789.4M	$788.5M	$680.6M	$682.0M	$755.3M
Balance Sheet
Cash and equivalents	$95.9M	$186.1M	$166.6M	$334.0M	$351.7M
Current assets	$2.1B	$2.1B	$2.0B	$2.4B	$2.2B
Total assets	$13.2B	$13.1B	$12.9B	$13.1B	$12.9B
Current liabilities	$3.1B	$2.9B	$3.1B	$3.4B	$3.2B
Total liabilities	$7.4B	$7.8B	$7.8B	$8.4B	$8.5B
Stockholders' equity	$5.7B	$5.3B	$5.1B	$4.7B	$4.4B
Cash Flow Statement
Cash from operations	$962.2M	$921.9M	$1.2B	$651.5M	$828.3M
Depreciation and amortization	$231.3M	$208.8M	$199.3M	$200.6M	$186.3M
Stock-based compensation	$46.2M	$47.4M	$63.4M	$60.3M	$66.6M
Capital expenditure	$221.8M	$274.9M	$263.9M	$262.0M	$278.0M
Free cash flow	$740.4M	$647.0M	$973.4M	$389.5M	$550.3M
Dividends paid	$483.0M	$451.0M	$418.5M	$396.7M	$363.3M
Share repurchases	$34.8M	$53.1M	$35.7M	$38.8M	$8.6M
Impairments	—	$0	$0	$10.0M	$17.2M

Shares outstanding 268.7M · Free float 99.0%

Annual filing data through FY ended November 30, 2025; float as of July 8, 2026.