McCormick & CompanyMKCEarnings & Financial Report
McCormick & Company, Incorporated is an American food company that manufactures, markets, and distributes spices, seasoning mixes, condiments, and other flavoring products to retail outlets, food manufacturers, and food service businesses.
Revenue
$1.8B
Gross Profit
$701.3M
Operating Profit
$297.2M
Net Profit
$219.3M
Gross Margin
40.0%
Operating Margin
17.0%
Net Margin
12.5%
YoY Growth
3.4%
EPS
$0.81
Financial Flow
McCormick & Company Q4 2023 Financial Summary
McCormick & Company reported revenue of $1.8B for Q4 2023, with a net profit of $219.3M (12.5% margin). Cost of goods sold was $1.1B, operating expenses totaled $404.1M.
Key Financial Metrics
| Total Revenue | $1.8B |
|---|---|
| Net Profit | $219.3M |
| Gross Margin | 40.0% |
| Operating Margin | 17.0% |
| Report Period | Q4 2023 |
McCormick & Company Annual Revenue by Year
McCormick & Company annual revenue history includes year-by-year totals (for example, 2025 revenue was $6.8B).
| Year | Annual Revenue |
|---|---|
| 2025 | $6.8B |
| 2024 | $6.7B |
| 2023 | $6.7B |
| 2022 | $6.4B |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.60B | $1.64B | $1.68B | $1.80B | $1.61B | $1.66B | $1.72B | $1.85B |
| YoY Growth | 2.4% | -1.0% | -0.3% | 2.6% | 0.2% | 1.0% | 2.7% | 2.9% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $12.89B | $12.99B | $13.20B | $13.07B | $12.90B | $13.19B | $13.25B | $13.20B |
| Liabilities | $7.63B | $7.63B | $7.75B | $7.75B | $7.45B | $7.56B | $7.46B | $7.43B |
| Equity | $5.23B | $5.33B | $5.42B | $5.29B | $5.42B | $5.60B | $5.75B | $5.74B |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $138.4M | $163.1M | $161.7M | $458.7M | $115.5M | $45.9M | $258.8M | $542.0M |
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