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Side-by-side financial comparison of AMDOCS LTD (DOX) and McCormick & Company (MKC). Click either name above to swap in a different company.

McCormick & Company is the larger business by last-quarter revenue ($1.9B vs $1.3B, roughly 1.5× AMDOCS LTD). McCormick & Company runs the higher net margin — 12.2% vs 11.2%, a 1.0% gap on every dollar of revenue. On growth, McCormick & Company posted the faster year-over-year revenue change (2.9% vs 1.1%). Over the past eight quarters, McCormick & Company's revenue compounded faster (7.5% CAGR vs 4.5%).

Amdocs Limited is a multinational telecommunications technology company headquartered in Chesterfield, Missouri. The company specializes in software and services for communications, media and financial services providers and digital enterprises. Amdocs was founded in 1982 and is publicly traded on the Nasdaq stock exchange.

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.

DOX vs MKC — Head-to-Head

Bigger by revenue
MKC
MKC
1.5× larger
MKC
$1.9B
$1.3B
DOX
Growing faster (revenue YoY)
MKC
MKC
+1.8% gap
MKC
2.9%
1.1%
DOX
Higher net margin
MKC
MKC
1.0% more per $
MKC
12.2%
11.2%
DOX
Faster 2-yr revenue CAGR
MKC
MKC
Annualised
MKC
7.5%
4.5%
DOX

Income Statement — Q3 FY2024 vs Q4 FY2025

Metric
DOX
DOX
MKC
MKC
Revenue
$1.3B
$1.9B
Net Profit
$140.3M
$226.6M
Gross Margin
38.9%
Operating Margin
14.1%
16.8%
Net Margin
11.2%
12.2%
Revenue YoY
1.1%
2.9%
Net Profit YoY
-12.0%
5.3%
EPS (diluted)
$1.21
$0.84

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
DOX
DOX
MKC
MKC
Q4 25
$1.9B
Q3 25
$1.7B
Q2 25
$1.7B
Q1 25
$1.6B
Q4 24
$1.8B
Q3 24
$1.7B
Q2 24
$1.3B
$1.6B
Q1 24
$1.2B
$1.6B
Net Profit
DOX
DOX
MKC
MKC
Q4 25
$226.6M
Q3 25
$225.5M
Q2 25
$175.0M
Q1 25
$162.3M
Q4 24
$215.2M
Q3 24
$223.1M
Q2 24
$140.3M
$184.2M
Q1 24
$118.5M
$166.0M
Gross Margin
DOX
DOX
MKC
MKC
Q4 25
38.9%
Q3 25
37.4%
Q2 25
37.5%
Q1 25
37.6%
Q4 24
40.2%
Q3 24
38.7%
Q2 24
37.7%
Q1 24
37.4%
Operating Margin
DOX
DOX
MKC
MKC
Q4 25
16.8%
Q3 25
16.7%
Q2 25
14.8%
Q1 25
14.0%
Q4 24
17.0%
Q3 24
17.1%
Q2 24
14.1%
14.2%
Q1 24
12.5%
14.6%
Net Margin
DOX
DOX
MKC
MKC
Q4 25
12.2%
Q3 25
13.1%
Q2 25
10.5%
Q1 25
10.1%
Q4 24
12.0%
Q3 24
13.3%
Q2 24
11.2%
11.2%
Q1 24
9.5%
10.4%
EPS (diluted)
DOX
DOX
MKC
MKC
Q4 25
$0.84
Q3 25
$0.84
Q2 25
$0.65
Q1 25
$0.60
Q4 24
$0.79
Q3 24
$0.83
Q2 24
$1.21
$0.68
Q1 24
$1.01
$0.62

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
DOX
DOX
MKC
MKC
Cash + ST InvestmentsLiquidity on hand
$95.9M
Total DebtLower is stronger
$3.6B
Stockholders' EquityBook value
$5.7B
Total Assets
$13.2B
Debt / EquityLower = less leverage
0.63×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DOX
DOX
MKC
MKC
Q4 25
$95.9M
Q3 25
$94.9M
Q2 25
$124.1M
Q1 25
$102.8M
Q4 24
$186.1M
Q3 24
$200.8M
Q2 24
$166.3M
Q1 24
$178.0M
Total Debt
DOX
DOX
MKC
MKC
Q4 25
$3.6B
Q3 25
$3.9B
Q2 25
$3.9B
Q1 25
$3.9B
Q4 24
$3.9B
Q3 24
$3.4B
Q2 24
$4.1B
Q1 24
$4.1B
Stockholders' Equity
DOX
DOX
MKC
MKC
Q4 25
$5.7B
Q3 25
$5.8B
Q2 25
$5.6B
Q1 25
$5.4B
Q4 24
$5.3B
Q3 24
$5.4B
Q2 24
$5.3B
Q1 24
$5.2B
Total Assets
DOX
DOX
MKC
MKC
Q4 25
$13.2B
Q3 25
$13.2B
Q2 25
$13.2B
Q1 25
$12.9B
Q4 24
$13.1B
Q3 24
$13.2B
Q2 24
$13.0B
Q1 24
$12.9B
Debt / Equity
DOX
DOX
MKC
MKC
Q4 25
0.63×
Q3 25
0.67×
Q2 25
0.69×
Q1 25
0.71×
Q4 24
0.73×
Q3 24
0.63×
Q2 24
0.77×
Q1 24
0.79×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
DOX
DOX
MKC
MKC
Operating Cash FlowLast quarter
$542.0M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
2.39×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DOX
DOX
MKC
MKC
Q4 25
$542.0M
Q3 25
$258.8M
Q2 25
$45.9M
Q1 25
$115.5M
Q4 24
$458.7M
Q3 24
$161.7M
Q2 24
$163.1M
Q1 24
$138.4M
Free Cash Flow
DOX
DOX
MKC
MKC
Q4 25
Q3 25
$206.1M
Q2 25
$-2.4M
Q1 25
$78.4M
Q4 24
Q3 24
$102.7M
Q2 24
$94.8M
Q1 24
$76.4M
FCF Margin
DOX
DOX
MKC
MKC
Q4 25
Q3 25
11.9%
Q2 25
-0.1%
Q1 25
4.9%
Q4 24
Q3 24
6.1%
Q2 24
5.8%
Q1 24
4.8%
Capex Intensity
DOX
DOX
MKC
MKC
Q4 25
Q3 25
3.1%
Q2 25
2.9%
Q1 25
2.3%
Q4 24
Q3 24
3.5%
Q2 24
4.2%
Q1 24
3.9%
Cash Conversion
DOX
DOX
MKC
MKC
Q4 25
2.39×
Q3 25
1.15×
Q2 25
0.26×
Q1 25
0.71×
Q4 24
2.13×
Q3 24
0.72×
Q2 24
0.89×
Q1 24
0.83×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

DOX
DOX

Segment breakdown not available.

MKC
MKC

Consumer$1.1B61%
Flavor Solutions$723.1M39%

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