InsiderClue
Stocks · Consumer staples · Miscellaneous Food Preparations & Kindred Products

McCormick & Company

MKC Clue Score52
United States Fiscal year ends November CIK 0000063754
$44.81 -2.46% Close, 9 Oct 2026
Alert on the numbers Alert on insider trades
Price $44.81 −42.86% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2016Revenue4.41Operating income0.64Net income0.47EPS, diluted3.69Fiscal year 2017Revenue4.73 +7.2%Operating income0.70Net income0.48 +1.1%EPS, diluted3.72Fiscal year 2018Revenue5.30 +12.1%Operating income0.89Net income0.93 +95.5%EPS, diluted3.50Fiscal year 2019Revenue5.35 +0.8%Operating income0.96Net income0.70 −24.7%EPS, diluted2.62Fiscal year 2020Revenue5.60 +4.7%Operating income1.00Net income0.75 +6.4%EPS, diluted2.78Fiscal year 2021Revenue6.32 +12.8%Operating income1.02Net income0.76 +1.1%EPS, diluted2.80Fiscal year 2022Revenue6.35 +0.5%Operating income0.86Net income0.68 −9.7%EPS, diluted2.52Fiscal year 2023Revenue6.66 +4.9%Operating income0.96Net income0.68 −0.2%EPS, diluted2.52Fiscal year 2024Revenue6.72 +0.9%Operating income1.06Net income0.79 +15.9%EPS, diluted2.92Fiscal year 2025Revenue6.84 +1.7%Operating income1.07Net income0.79 +0.1%EPS, diluted2.93
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 4.41 4.73 5.30 5.35 5.60 6.32 6.35 6.66 6.72 6.84
Growth +7.2% +12.1% +0.8% +4.7% +12.8% +0.5% +4.9% +0.9% +1.7%
Operating income 0.64 0.70 0.89 0.96 1.00 1.02 0.86 0.96 1.06 1.07
Net income 0.47 0.48 0.93 0.70 0.75 0.76 0.68 0.68 0.79 0.79
Growth +1.1% +95.5% −24.7% +6.4% +1.1% −9.7% −0.2% +15.9% +0.1%
EPS, diluted 3.69 3.72 3.50 2.62 2.78 2.80 2.52 2.52 2.92 2.93

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2016Gross margin41.5%Operating margin14.5%Net margin10.7%Free cash flow margin11.4%Fiscal year 2017Gross margin37.9%Operating margin14.8%Net margin10.1%Free cash flow margin13.4%Fiscal year 2018Gross margin39.5%Operating margin16.8%Net margin17.6%Free cash flow margin12.3%Fiscal year 2019Gross margin40.1%Operating margin17.9%Net margin13.1%Free cash flow margin14.5%Fiscal year 2020Gross margin41.1%Operating margin17.8%Net margin13.3%Free cash flow margin14.6%Fiscal year 2021Gross margin39.5%Operating margin16.1%Net margin12.0%Free cash flow margin8.7%Fiscal year 2022Gross margin35.8%Operating margin13.6%Net margin10.7%Free cash flow margin6.1%Fiscal year 2023Gross margin37.6%Operating margin14.5%Net margin10.2%Free cash flow margin14.6%Fiscal year 2024Gross margin38.5%Operating margin15.8%Net margin11.7%Free cash flow margin9.6%Fiscal year 2025Gross margin37.9%Operating margin15.7%Net margin11.5%Free cash flow margin10.8%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Gross margin 41.5% 37.9% 39.5% 40.1% 41.1% 39.5% 35.8% 37.6% 38.5% 37.9%
Operating margin 14.5% 14.8% 16.8% 17.9% 17.8% 16.1% 13.6% 14.5% 15.8% 15.7%
Net margin 10.7% 10.1% 17.6% 13.1% 13.3% 12.0% 10.7% 10.2% 11.7% 11.5%
Free cash flow margin 11.4% 13.4% 12.3% 14.5% 14.6% 8.7% 6.1% 14.6% 9.6% 10.8%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow0.66Capital expenditure−0.15Free cash flow0.50Buybacks−0.24Dividends paid−0.22Fiscal year 2017Operating cash flow0.82Capital expenditure−0.18Free cash flow0.63 +25.5%Buybacks−0.14Dividends paid−0.24Fiscal year 2018Operating cash flow0.82Capital expenditure−0.17Free cash flow0.65 +3.0%Buybacks−0.06Dividends paid−0.27Fiscal year 2019Operating cash flow0.95Capital expenditure−0.17Free cash flow0.77 +18.6%Buybacks−0.10Dividends paid−0.30Fiscal year 2020Operating cash flow1.04Capital expenditure−0.23Free cash flow0.82 +5.5%Buybacks−0.05Dividends paid−0.33Fiscal year 2021Operating cash flow0.83Capital expenditure−0.28Free cash flow0.55 −32.6%Buybacks−0.01Dividends paid−0.36Fiscal year 2022Operating cash flow0.65Capital expenditure−0.26Free cash flow0.39 −29.2%Buybacks−0.04Dividends paid−0.40Fiscal year 2023Operating cash flow1.24Capital expenditure−0.26Free cash flow0.97 +149.9%Buybacks−0.04Dividends paid−0.42Fiscal year 2024Operating cash flow0.92Capital expenditure−0.27Free cash flow0.65 −33.5%Buybacks−0.05Dividends paid−0.45Fiscal year 2025Operating cash flow0.96Capital expenditure−0.22Free cash flow0.74 +14.4%Buybacks−0.03Dividends paid−0.48
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 0.66 0.82 0.82 0.95 1.04 0.83 0.65 1.24 0.92 0.96
Capital expenditure −0.15 −0.18 −0.17 −0.17 −0.23 −0.28 −0.26 −0.26 −0.27 −0.22
Free cash flow 0.50 0.63 0.65 0.77 0.82 0.55 0.39 0.97 0.65 0.74
Growth +25.5% +3.0% +18.6% +5.5% −32.6% −29.2% +149.9% −33.5% +14.4%
Buybacks −0.24 −0.14 −0.06 −0.10 −0.05 −0.01 −0.04 −0.04 −0.05 −0.03
Dividends paid −0.22 −0.24 −0.27 −0.30 −0.33 −0.36 −0.40 −0.42 −0.45 −0.48

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2016Cash0.12Total debt1.06Net cash (debt)−0.94Shareholders’ equity1.64Debt to equity0.65Fiscal year 2017Cash0.19Total debt4.77Net cash (debt)−4.58Shareholders’ equity2.57Debt to equity1.86Fiscal year 2018Cash0.10Total debt4.14Net cash (debt)−4.04Shareholders’ equity3.17Debt to equity1.30Fiscal year 2019Cash0.16Total debt3.72Net cash (debt)−3.57Shareholders’ equity3.44Debt to equity1.08Fiscal year 2020Cash0.42Total debt4.02Net cash (debt)−3.59Shareholders’ equity3.93Debt to equity1.02Fiscal year 2021Cash0.35Total debt4.74Net cash (debt)−4.39Shareholders’ equity4.41Debt to equity1.08Fiscal year 2022Cash0.33Total debt3.91Net cash (debt)−3.58Shareholders’ equity4.68Debt to equity0.84Fiscal year 2023Cash0.17Total debt4.14Net cash (debt)−3.97Shareholders’ equity5.06Debt to equity0.82Fiscal year 2024Cash0.19Total debt3.86Net cash (debt)−3.67Shareholders’ equity5.29Debt to equity0.73Fiscal year 2025Cash0.10Total debt3.61Net cash (debt)−3.52Shareholders’ equity5.74Debt to equity0.63
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 0.12 0.19 0.10 0.16 0.42 0.35 0.33 0.17 0.19 0.10
Total debt 1.06 4.77 4.14 3.72 4.02 4.74 3.91 4.14 3.86 3.61
Net cash (debt) −0.94 −4.58 −4.04 −3.57 −3.59 −4.39 −3.58 −3.97 −3.67 −3.52
Shareholders’ equity 1.64 2.57 3.17 3.44 3.93 4.41 4.68 5.06 5.29 5.74
Debt to equity 0.65 1.86 1.30 1.08 1.02 1.08 0.84 0.82 0.73 0.63

In billions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Balance sheet

In billions of USD, except per-share figures; shares in millions. Fiscal years ending November, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 30 Nov 2016 FY2017 30 Nov 2017 FY2018 30 Nov 2018 FY2019 30 Nov 2019 FY2020 30 Nov 2020 FY2021 30 Nov 2021 FY2022 30 Nov 2022 FY2023 30 Nov 2023 FY2024 30 Nov 2024 FY2025 30 Nov 2025
Assets
0.12 0.19 0.10 0.16 0.42 0.35 0.33 0.17 0.19 0.10
0.47 0.56 0.52 0.50 0.53 0.55 0.57 0.59 0.59 0.63
0.76 0.79 0.79 0.80 1.03 1.18 1.34 1.13 1.24 1.27
0.67 0.81 0.94 0.95 1.03 1.14 1.20 1.32 1.41 1.45
1.77 4.49 4.53 4.51 4.99 5.34 5.21 5.26 5.23 5.30
4.64 10.39 10.26 10.36 12.09 12.91 13.12 12.86 13.07 13.20
Growth +124.0% −1.2% +1.0% +16.7% +6.8% +1.7% −2.0% +1.6% +1.0%
Liabilities
0.00 0.33 0.08 0.10 0.26 0.77 0.27 0.80 0.27 0.51
1.05 4.44 4.05 3.63 3.75 3.97 3.64 3.34 3.59 3.11
calc 1.06 4.77 4.14 3.72 4.02 4.74 3.91 4.14 3.86 3.61
3.00 7.81 7.07 6.91 8.15 8.48 8.43 7.78 7.75 7.43
Equity
1.06 1.17 1.76 2.06 2.42 2.78 3.02 3.25 3.55 3.82
1.64 2.57 3.17 3.44 3.93 4.41 4.68 5.06 5.29 5.74
Growth +56.9% +23.3% +8.6% +14.0% +12.4% +6.1% +8.1% +4.6% +8.4%
Per share and net cash
calc −0.94 −4.58 −4.04 −3.57 −3.59 −4.39 −3.58 −3.97 −3.67 −3.52

Lines marked calc are worked out here from filed figures; point at one for how.