MKC
McCormick & Company Incorporated
NYSE: MKC · CONSUMER DEFENSIVE · PACKAGED FOODS
$50.54
-1.17% today
Updated 2026-04-29
Market cap
$13.59B
P/E ratio
8.29
P/S ratio
1.91x
EPS (TTM)
$6.10
Dividend yield
3.58%
52W range
$47 – $76
Volume
4.2M
McCormick & Company Incorporated (MKC) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.72B | $2.92B | $3.18B | $3.19B | $3.34B | $3.70B | $4.01B | $4.12B | $4.24B | $4.30B | $4.41B | $4.73B | $5.30B | $5.35B | $5.60B | $6.32B | $6.35B | $6.66B | $6.72B | $6.84B |
| Revenue growth (YoY) | — | +7.4% | +8.9% | +0.5% | +4.5% | +10.8% | +8.6% | +2.7% | +2.9% | +1.3% | +2.7% | +7.2% | +12.1% | +0.8% | +4.7% | +12.8% | +0.5% | +4.9% | +0.9% | +1.7% |
| Cost of revenue | $1.60B | $1.72B | $1.89B | $1.86B | $1.92B | $2.18B | $2.40B | $2.46B | $2.51B | $2.56B | $2.58B | $2.94B | $3.21B | $3.20B | $3.30B | $3.82B | $4.08B | $4.16B | $4.13B | $4.25B |
| Gross profit | $1.11B | $1.19B | $1.29B | $1.33B | $1.42B | $1.52B | $1.62B | $1.67B | $1.73B | $1.74B | $1.83B | $1.79B | $2.09B | $2.15B | $2.30B | $2.49B | $2.27B | $2.50B | $2.59B | $2.59B |
| Gross margin | 41.0% | 40.9% | 40.6% | 41.6% | 42.5% | 41.2% | 40.3% | 40.4% | 40.8% | 40.4% | 41.5% | 37.9% | 39.5% | 40.1% | 41.1% | 39.5% | 35.8% | 37.6% | 38.5% | 37.9% |
| R&D | $43.60M | $49.30M | $51.00M | $48.90M | $52.70M | $58.10M | $57.80M | $61.30M | $62.00M | $60.80M | $61.00M | $66.10M | $69.40M | $67.30M | $68.60M | $87.30M | $87.50M | $94.90M | $102.90M | — |
| SG&A | $772.60M | $806.90M | $870.60M | $846.60M | $907.90M | $982.20M | $1.04B | $1.09B | $1.12B | $1.13B | $770.60M | $790.00M | $863.10M | $867.20M | $972.70M | $1.07B | $1.02B | $1.48B | $1.14B | $1.50B |
| Operating income | $269.60M | $354.20M | $376.50M | $466.90M | $509.80M | $540.30M | $578.30M | $550.50M | $603.00M | $548.40M | $641.00M | $699.80M | $891.10M | $957.70M | $999.50M | $1.02B | $863.60M | $963.00M | $1.06B | $1.09B |
| Operating margin | 9.9% | 12.1% | 11.9% | 14.6% | 15.3% | 14.6% | 14.4% | 13.4% | 14.2% | 12.8% | 14.5% | 14.8% | 16.8% | 17.9% | 17.8% | 16.1% | 13.6% | 14.5% | 15.8% | 16.0% |
| EBITDA | $426.30M | $467.50M | $480.10M | $563.60M | $604.90M | $640.90M | $683.50M | $658.70M | $706.80M | $655.40M | $753.90M | $815.70M | $1.07B | $1.14B | $1.18B | $1.22B | $1.16B | $963.00M | $1.32B | $1.34B |
| EBITDA margin | 15.7% | 16.0% | 15.1% | 17.7% | 18.1% | 17.3% | 17.0% | 16.0% | 16.7% | 15.3% | 17.1% | 17.2% | 20.1% | 21.4% | 21.1% | 19.3% | 18.3% | 14.5% | 19.6% | 19.6% |
| EBIT | $342.00M | $384.90M | $394.50M | $469.30M | $509.80M | $542.60M | $580.70M | $552.70M | $604.10M | $549.50M | $645.20M | $690.50M | $915.90M | $984.40M | $1.02B | $1.03B | $961.90M | $963.00M | $1.11B | $1.11B |
| Interest expense | $53.70M | $59.50M | $56.70M | $52.80M | $49.30M | $51.20M | $54.60M | $53.30M | $49.70M | $53.30M | $56.00M | $96.20M | $174.60M | $165.20M | $135.60M | $136.60M | $149.10M | $208.20M | $209.40M | $196.20M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $202.20M | $230.10M | $255.80M | $299.80M | $370.20M | $374.20M | $407.80M | $389.00M | $437.90M | $401.60M | $472.30M | $477.40M | $933.40M | $702.70M | $747.40M | $755.30M | $682.00M | $624.20M | $788.50M | $789.40M |
| Net income growth (YoY) | — | +13.8% | +11.2% | +17.2% | +23.5% | +1.1% | +9.0% | -4.6% | +12.6% | -8.3% | +17.6% | +1.1% | +95.5% | -24.7% | +6.4% | +1.1% | -9.7% | -8.5% | +26.3% | +0.1% |
| Profit margin | 7.4% | 7.9% | 8.1% | 9.4% | 11.1% | 10.1% | 10.2% | 9.4% | 10.3% | 9.3% | 10.7% | 10.1% | 17.6% | 13.1% | 13.3% | 12.0% | 10.7% | 9.4% | 11.7% | 11.5% |