Mccormick & Co IncMccormick & Co Inc
Mccormick & Co Inc

Mccormick & Co Inc

MKC
Consumer Staples·Food Products

McCormick & Co., Inc. engages in the manufacturing, marketing, and distribution of spices, seasoning mixes, condiments, and other flavorful products to retail outlets, food manufacturers, and foodservice businesses. The firm offers the Aeroplane, Billy Bee, Cattlemen's BBQ Sauce, Cholula, Club House, Club House for Chefs, Drogheria & Alimentari, Ducros, El Guapo, FONA, Frank's RedHot, French's, and other related brands. It operates through the Consumer and Flavor Solutions segments. The Consumer segment sells spices, seasonings, condiments, and sauces. The Flavor Solutions segment includes seasoning blends, spices and herbs, condiments, coating systems, and compound flavors. The company was founded by Willoughby M. McCormick in 1889 and is headquartered in Baltimore, MD.

Maryland; U.S.A
Market cap
No dataNo data
Revenue
$6.8B+1.7% YoY
Net income
$789.4M+0.1% YoY
Free cash flow
$740.4M+14.4% YoY

Market

Listed stock
Tokenized stocks
MKCPriceNYSE
Loading…Loading…1Y

Financial performance

Revenue
$6.8B+1.7% YoY
Operating income
$1.1B+1.0% YoY
Net income
$789.4M+0.1% YoY
Free cash flow
$740.4M+14.4% YoY

Revenue, profit & cash trend

Revenue
Operating income
Net income
Free cash flow
Reference
Revenue: 2021 $6.3B, 2022 $6.4B, 2023 $6.7B, 2024 $6.7B, 2025 $6.8B. Operating income: 2021 $1B, 2022 $863.6M, 2023 $963M, 2024 $1.1B, 2025 $1.1B. Net income: 2021 $755.3M, 2022 $682M, 2023 $680.6M, 2024 $788.5M, 2025 $789.4M. Free cash flow: 2021 $550.3M, 2022 $389.5M, 2023 $973.4M, 2024 $647M, 2025 $740.4M. Reference line: Reference at $0.

Growth & profitability

Revenue growth
1.7%+81 bps YoY
Gross margin
No dataNo data
Operating margin
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FCF margin
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Earnings power over time

Operating income
Net income
Free cash flow
Operating income: 2021-11-30 $1B, 2022-11-30 $863.6M, 2023-11-30 $963M, 2024-11-30 $1.1B, 2025-11-30 $1.1B. Net income: 2021-11-30 $755.3M, 2022-11-30 $682M, 2023-11-30 $680.6M, 2024-11-30 $788.5M, 2025-11-30 $789.4M. Free cash flow: 2021-11-30 $550.3M, 2022-11-30 $389.5M, 2023-11-30 $973.4M, 2024-11-30 $647M, 2025-11-30 $740.4M

Growth heatmap

2022202320242025CAGR
Revenue
+0.5%
+4.9%
+0.9%
+1.7%
+2.0%
Gross profit
-8.8%
+10.0%
+3.5%
+0.0%
+1.0%
Operating income
-14.9%
+11.5%
+10.1%
+1.0%
+1.3%
Free cash flow
-29.2%
+149.9%
-33.5%
+14.4%
+7.7%

Earnings quality

Operating cash flow
$962.2M+4.4% YoY
Net income
$789.4M+0.1% YoY
Free cash flow
$740.4M+14.4% YoY
Diluted EPS
No dataNo data

Cash conversion quality

Operating cash flow
Free cash flow
Net income = 100%
Operating cash flow: 2025-11-30 122%, 2024-11-30 117%, 2023-11-30 182%, 2022-11-30 96%, 2021-11-30 110%. Free cash flow: 2025-11-30 94%, 2024-11-30 82%, 2023-11-30 143%, 2022-11-30 57%, 2021-11-30 73%. Reference line: Net income = 100% at 100%.

Per-share economics

Diluted EPS
Latest
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FCF / share
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Diluted shares
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Financial flexibility

Cash & equivalents
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Total debt
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Net debt
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Current ratio
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Cash Coverage of Debt

Cash / Total debt
No data

Returns

Return on equity
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Return on assets
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Return on invested capital
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Asset turnover
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Return on capital

No data

Valuation

Price to earnings
No dataNo data
Price to sales
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EV / EBITDA
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Free cash flow yield
No dataNo data

Valuation vs its own 5Y history

Metric
Own five-year range
Current
Own 5Y median
Position in own range
Price to earnings
No data
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Price to sales
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EV / EBITDA
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Free cash flow yield
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