McCormick & Company, Incorporated

McCormick & Company, Incorporated

MKCยทNYSE

$46.29

-0.62%
Consumer DefensivePackaged Foods

McCormick & Company, Incorporated manufactures, markets, and distributes spices, seasoning mixes, condiments, and other flavorful products to the food industry. It operates in two segments, Consumer and Flavor Solutions. The Consumer segment offers spices, herbs, and seasonings, as well as condiments and sauces, and desserts. This segment markets its products under the McCormick, French's, Frank's RedHot, Lawry's Cholula Hot Sauce, Gourmet Garden, Club House, and OLD BAY brands in the Americas; Ducros, Schwartz, Kamis, and Drogheria & Alimentari, and Vahinรฉ brands in Europe, the Middle East, and Africa; McCormick and DaQiao brands in China; and McCormick, Aeroplane, and Gourmet Garden brands in Australia, as well as markets regional and ethnic brands, such as Zatarain's, Stubb's, Thai Kitchen, and Simply Asia. It also supplies its products under the private labels. This segment serves retailers comprising grocery, mass merchandise, warehouse clubs, discount and drug stores, and e-commerce retailers directly and indirectly through distributors and wholesale foodservice suppliers. The Flavor Solutions segment offers seasoning blends, spices and herbs, condiments, coating systems, and compound flavors to multinational food manufacturers and foodservice customers. It serves foodservice customers directly and indirectly through distributors. The company was founded in 1889 and is headquartered in Hunt Valley, Maryland.

At a Glance

Live Snapshot
Market Cap$12.44B
EPS2.9400
P/E Ratio15.74
Earnings Date06/25/2026
3Y+48.0%
5Y-8.0%
10Y+46.0%
3Y+74.0%
5Y-75.0%
10Y-4.0%
3Y+73.0%
5Y-481.0%
10Y+126.0%
MKC

McCormick & Company, Incorporated Cash Conversion Engine

MKC ยท NYSE
Net Income789.40M
Depreciation & Amortization231.30M
Stock-Based Compensation46.20M
Change in Working Capital-83.70M
Others-14.50M
Capital Expenditures-221.80M
Free Cash Flow740.40M

Cash Flow Quality Analysis

FCF Conversion Rate

93.8%

Strong cash conversion. Most reported earnings translate into actual cash flow, suggesting solid fundamentals.

CapEx Intensity

23.1%

Moderate capital requirements typical of many stable businesses. Healthy balance between reinvestment and cash generation.

FCF Growth Trend

+14.4%

Steady FCF growth indicates consistent cash generation improvement. On a positive trajectory.

Working Capital Impact

-$83.70M

Minimal working capital impact on FCF. Changes in operating assets and liabilities well-managed.

Cash Flow Quality Insight

Asset-light with strong cash conversion: Low capital requirements combined with efficient cash generation creates significant shareholder value through dividends, buybacks, or strategic investments.

McCormick & Company, Incorporated Cash Flow Statement

MKC โ€ข NYSE

McCormick & Company, Incorporated Cash Flow StatementNov 2025Nov 2024Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018Nov 2017Nov 2016Nov 2015Nov 2014Nov 2013Nov 2012Nov 2011Nov 2010Nov 2009Nov 2008Nov 2007Nov 2006
OPERATING ACTIVITIES
789.4M
788.5M
680.6M
682M
755.3M
747.4M
702.7M
933.4M
477.4M
472.3M
401.6M
437.9M
389M
407.8M
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299.8M
255.8M
230.1M
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199.3M
200.6M
186.3M
165M
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125.2M
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105.9M
102.7M
106M
102.8M
98.3M
95.1M
94.3M
85.6M
82.6M
86.8M
-6.5M
-30.3M
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21.8M
36M
-11.2M
20.9M
-269.3M
24.1M
-40M
1M
6.1M
-15.3M
24.3M
38M
10.5M
24M
-8.8M
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46.2M
47.4M
63.4M
60.3M
66.6M
46M
37.2M
25.6M
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25.6M
18.7M
18.2M
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20.2M
13M
11.9M
12.7M
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30.1M
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28.1M
10M
27.2M
-7.1M
22M
-30.2M
-47.2M
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47.2M
21.4M
24.9M
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(0.0)
(0.0)
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(151M)
(111.5M)
(129M)
(106.3M)
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(0.0)
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(0.0)
(0.0)
-83.7M
-83M
269.3M
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102.6M
38M
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136.6M
81.5M
35.6M
-54.2M
-55.2M
-69.9M
-136.3M
-92.6M
14.1M
-37.1M
-96.5M
69.6M
962.2M
921.9M
1.2B
651.5M
828.3M
1B
946.8M
821.2M
815.3M
658.1M
590M
503.6M
465.2M
455M
340M
387.5M
415.8M
314.6M
224.5M
310.8M
INVESTING ACTIVITIES
-221.8M
-274.9M
-263.9M
-262M
-278M
-225.3M
-173.7M
-169.1M
-182.4M
-153.8M
-128.4M
-132.7M
-99.9M
-110.3M
-96.7M
-89M
-82.4M
-85.8M
-78.5M
-84.8M
-34.1M
(0.0)
(1M)
(95.2M)
-641M
-803M
(0.0)
-4.2M
-4.3B
-116.4M
-210.9M
(0.0)
-142.3M
(0.0)
-441.4M
-46.9M
(0.0)
-679.3M
-15.9M
-102.6M
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
9.2M
700K
5.9M
2.4M
20.4M
10.4M
2.7M
2.7M
14.8M
1.5M
3.1M
400K
1.1M
2.5M
1.3M
600K
6.2M
600K
18.1M
1.6M
6.1M
-255.2M
-269M
-260.5M
-146.4M
-908.6M
-1B
-171M
-158.5M
-4.5B
-267.1M
-338.9M
-131.6M
-239.7M
-109M
-537.5M
-129.7M
-81.8M
-747M
-92.8M
-172.1M
FINANCING ACTIVITIES
-34.8M
-53.1M
-35.7M
-38.8M
-8.6M
-47.3M
-95.1M
-62.3M
416.2M
-242.7M
-145.8M
-244.3M
-177.4M
-132.2M
-89.3M
-82.5M
0.0
-11M
-114M
-109.4M
-366.6M
-94.5M
-736.3M
-73.7M
397.7M
555.8M
-406.7M
-466.5M
3.6B
55.7M
118M
56.1M
66.7M
-80.5M
367.6M
-114M
-252.2M
509.1M
65.5M
77.2M
-483M
-451M
-418.5M
-396.7M
-363.3M
-330.1M
-302.2M
-273.4M
-237.6M
-217.8M
-204.9M
-192.4M
-179.9M
-164.7M
-148.5M
-138.2M
-125.4M
-113.5M
-103.6M
-95M
-34.8M
-53.1M
-35.7M
-38.8M
-8.6M
-47.3M
-95.1M
-62.3M
-137.8M
-242.7M
-145.8M
-244.3M
-177.4M
-132.2M
-89.3M
-82.5M
(0.0)
-11M
-157M
-155.9M
43.5M
15.5M
6.3M
22M
11.6M
55.5M
78.2M
51.1M
-4.9M
33.3M
0.0
31.7M
44.7M
0.0
58M
73.6M
35.8M
48.8M
0.0
0.0
-840.9M
-583.1M
-1.2B
-487.2M
22M
220.9M
-725.8M
-751.1M
3.8B
-371.5M
-199.6M
-348.9M
-245.9M
-324.3M
187.8M
-261.1M
-341.8M
433.4M
-152.1M
-127.2M
CASH FLOW SUMMARY
43.7M
-50.3M
40M
-35.6M
-13.6M
31.6M
8.8M
-1.8M
5.4M
-13.7M
-16.2M
-8.8M
4.4M
3.4M
12.8M
14.6M
8.4M
-8M
17.3M
7.2M
-90.2M
19.5M
-167.4M
-17.7M
-71.9M
268.2M
58.8M
-90.2M
68.4M
5.8M
35.3M
14.3M
-16M
25.1M
3.1M
11.3M
600K
-7M
-3.1M
18.7M
186.1M
166.6M
334M
351.7M
423.6M
155.4M
96.6M
186.8M
118.4M
112.6M
77.3M
63M
79M
53.9M
50.8M
39.5M
38.9M
45.9M
49M
30.3M
95.9M
186.1M
166.6M
334M
351.7M
423.6M
155.4M
96.6M
186.8M
118.4M
112.6M
77.3M
63M
79M
53.9M
50.8M
39.5M
38.9M
45.9M
49M
740.4M
647M
973.4M
389.5M
550.3M
816M
773.1M
652.1M
632.9M
504.3M
461.6M
370.9M
365.3M
344.7M
243.3M
298.5M
333.4M
228.8M
146M
226M

SEC Filings

MKC - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

May 26, 2026
May 19, 2026
2026
8-K

8-K 2026

N/A

May 01, 2026
April 28, 2026
2026
8-K

8-K 2026

N/A

April 17, 2026
April 15, 2026
2026
10-Q

10-Q 2026 Q1

Q1

March 31, 2026
February 28, 2026
2026
8-K

8-K 2026

N/A

March 31, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

March 26, 2026
March 26, 2026
2026
DEF 14A

DEF 14A 2025

N/A

February 18, 2026
November 30, 2025
2025
8-K

8-K 2026

N/A

February 05, 2026
February 03, 2026
2026
8-K

8-K 2026

N/A

January 21, 2026
January 19, 2026
2026
Showing 1 to 9 of 9 filings