McCormick & Co Inc (MKC.V) income statement

MKC.VNYSEMiscellaneous Food Preparations & Kindred ProductsFiscal year ends November 30Also trades as MKC

Financials through Q3 FY2026, quarter ended Aug 31, 2026Last filing: 10-Q on Oct 1, 2026Score 21/3047% below fair value

$46.94+0.89 (+1.93%)

Close on Oct 29, 2026Market cap $12.61BP/E 8.5Yield 3.84%

McCormick & Co Inc income statement

Millions of USD, except per-share data. Shares in millions.

Line item	FY 2025 2025-11-30	FY 2024 2024-11-30	FY 2023 2023-11-30	FY 2022 2022-11-30	FY 2021 2021-11-30	FY 2020 2020-11-30	FY 2019 2019-11-30	FY 2018 2018-11-30	FY 2017 2017-11-30	FY 2016 2016-11-30	FY 2015 2015-11-30	FY 2014 2014-11-30	FY 2013 2013-11-30	FY 2012 2012-11-30	FY 2011 2011-11-30	FY 2010 2010-11-30	FY 2009 2009-11-30	FY 2008 2008-11-30
Revenue	6,840	6,724	6,662	6,351	6,318	5,601	5,347	5,303	4,730	4,412	4,296	4,243	4,123	4,014	3,698	3,337	3,192	3,177
Cost of Revenue	4,248	4,133	4,160	4,076	3,823	3,301	3,202	3,210	2,936	2,580	2,559	2,513	2,458	2,396	2,175	1,919	1,865	1,888
Gross Profit	2,592	2,591	2,503	2,275	2,495	2,300	2,145	2,093	1,794	1,832	1,737	1,730	1,666	1,618	1,523	1,418	1,327	1,288
Research & Development	106	103	95	88	87	69	67	69	66	61	61	62	61	58	58	53	49	–
Selling, General & Admin	1,500	1,521	1,478	1,357	1,404	1,282	1,167	1,163	1,031	1,175	1,127	1,122	1,075	1,040	982	908	847	871
Advertising Expenses	225	219	198	187	183	175	151	147	118	103	107	100	85	86	77	72	64	–
Operating Income	1,071	1,060	963	864	1,015	1,000	958	891	700	641	548	603	551	578	540	510	467	377
Interest Expense	196	209	208	149	137	136	165	175	96	56	53	50	53	55	51	49	53	57
Interest & Investment Income	40	46	37	18	9.30	7.80	10	7.10	5.70	–	–	–	–	–	–	–	–	–
Income from Equity Investments	72	74	56	38	52	41	41	35	34	36	37	29	23	22	25	26	16	19
Other Non-Operating Income	38	47	44	98	17	18	27	25	6.10	4.20	1.10	1.10	2.20	2.40	2.30	2.20	2.40	18
Merger & Restructuring Charges	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	16	12
Asset Impairment Charges	–	0	0	10	17	0	0	–	0	0	9.60	0	6.40	–	–	–	5.50	–
Gain (Loss) on Sale of Assets	0	2.10	-0.20	0.50	-0.20	-3.00	1.60	5.40	-1.30	-1.50	-0.60	-1.30	-0.30	-0.80	-0.80	0.10	0.30	23
Pretax Income	913	898	799	813	896	882	819	741	595	589	496	554	499	526	491	463	417	338
Income Tax Expense	196	184	175	169	193	175	157	-157	151	153	131	146	134	140	143	118	133	101
Minority Interest in Earnings	-6.10	-7.50	-5.50	-6.20	-8.00	-4.30	-1.90	-3.30	-1.60	1.30	-0.50	-2.50	-1.30	-1.90	-0.80	-0.60	-0.60	-0.30
Net Income	789	789	681	682	755	747	703	933	477	472	402	438	389	408	374	370	300	256
EPS (Basic)(per share)	2.94	2.94	2.54	2.54	2.83	2.80	2.65	3.55	1.89	1.87	1.57	1.69	1.47	1.54	1.41	1.40	1.15	0.99
EPS (Diluted)(per share)	2.93	2.92	2.52	2.52	2.80	2.78	2.62	3.50	1.86	1.85	1.56	1.67	1.46	1.52	1.40	1.38	1.14	0.97
Shares Outstanding (Basic, Weighted)(shares)	269	269	268	268	267	267	265	263	254	253	256	260	264	265	265	266	262	–
Shares Outstanding (Diluted, Weighted)(shares)	269	270	270	270	270	269	268	267	257	256	258	262	267	269	269	269	265	–
Dividend per Share(per share)	1.80	1.68	1.56	1.48	1.36	1.24	1.14	1.04	0.94	0.86	0.80	0.74	0.68	0.62	0.56	0.52	0.48	–
EBITDA	1,302	1,269	1,162	1,064	1,201	1,165	1,117	1,042	825	750	654	706	657	681	639	605	561	462

Italic numbers are calculated by StockData (for example Q4 = full year − nine months). Per-share data and share counts are adjusted for stock splits. Hover a number for its source; click it to open the filing on SEC.gov. Click a row to chart it.

Ratios

Latest available, balances at Aug 31, 2026

Profitability, TTM

Gross margin: 39.1%
Operating margin: 13.4%
Net margin: 19.4%
Return on equity, FY2025: 14.3%

Financial strength

Current ratio: 0.66
Debt to equity: 0.72
Debt to assets: 30.1%
Cash to current liabilities: 7.5%

Valuation

P/E ratio: 8.5
Price to sales: 1.64
Price to book: 1.80
Dividend yield: 3.84%