McCormick & Company, Incorporated (MKC) — Financial statements
Income statement, balance sheet, and cash flow for McCormick & Company, Incorporated — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 6,840↑1.7% | 6,724↑0.9% | 6,662↑4.9% | 6,351↑0.5% | 6,318 | |
| Cost of Revenue | 4,248↑2.8% | 4,133↓0.6% | 4,160↑2.1% | 4,076↑6.6% | 3,823 | |
| Gross Profit | 2,592↑0.0% | 2,591↑3.5% | 2,503↑10.0% | 2,275↓8.8% | 2,495 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00↓100.0% | 87 | |
| General & Administrative Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 1,500↓1.4% | 1,521↑2.9% | 1,478↑8.9% | 1,357↓3.3% | 1,404 | |
| Other Expenses | 0.00↓100.0% | 10↓84.5% | 61↑13.8% | 54↑552.1% | -12 | |
| Operating Expenses | 1,500↓2.0% | 1,531↓0.6% | 1,540↑9.1% | 1,411↓4.6% | 1,480 | |
| Total Costs & Expenses | 5,748↑1.5% | 5,663↓0.6% | 5,699↑3.9% | 5,487↑3.5% | 5,303 | |
| Operating Results | ||||||
| Operating Income | 1,092↑3.0% | 1,060↑10.1% | 963↑11.5% | 864↓14.9% | 1,015 | |
| Depreciation & Amortization | 231↑10.8% | 209↑4.8% | 199↓0.6% | 201↑7.7% | 186 | |
| EBITDA | 1,341↑1.8% | 1,317↑9.1% | 1,206↑3.8% | 1,163↓4.6% | 1,219 | |
| EBIT | 1,109↑0.1% | 1,108↑10.0% | 1,007↑4.7% | 962↓6.8% | 1,032 | |
| Interest & Other Income | ||||||
| Net Interest Income | -196↓20.0% | -164↑4.7% | -172↓30.7% | -131↓3.1% | -127 | |
| Interest Income | 0.00↓100.0% | 46↑25.4% | 37↑105.6% | 18↑91.4% | 9 | |
| Interest Expense | 196↓6.3% | 209↑0.6% | 208↑39.6% | 149↑9.2% | 137 | |
| Non-Operating Income | -17↑63.5% | -47↓8.0% | -44↑55.3% | -98↓468.2% | -17 | |
| Other Income / Expenses | -107↓21.5% | -88↑18.6% | -108↓730.0% | -13↑80.6% | -67 | |
| Income Before Tax | 985↑1.3% | 973↑13.7% | 855↑0.5% | 851↓10.3% | 948 | |
| Income Tax Expense | 196↑6.4% | 184↑5.4% | 175↑3.5% | 169↓12.5% | 193 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 789↑0.1% | 789↑15.9% | 681↓0.2% | 682↓9.7% | 755 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 789↑0.1% | 789↑15.9% | 681↓0.2% | 682↓9.7% | 755 | |
| Bottom-Line Net Income | 789↑0.1% | 789↑15.9% | 681↓0.2% | 682↓9.7% | 755 | |
| EPS (Basic) | 2.94↑0.0% | 2.94↑15.7% | 2.54↑0.0% | 2.54↓10.2% | 2.83 | |
| EPS (Diluted) | 2.93↑0.3% | 2.92↑15.9% | 2.52↑0.0% | 2.52↓10.0% | 2.80 | |
| Weighted Average Shares | 269↑0.0% | 269↑0.0% | 268↑0.1% | 268↑0.3% | 267 | |
| Weighted Average Diluted Shares | 269↓0.1% | 270↓0.1% | 270↓0.1% | 270↑0.1% | 270 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.