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

Jacobs Solutions is the larger business by last-quarter revenue ($3.3B vs $1.9B, roughly 1.8× McCormick & Company). McCormick & Company runs the higher net margin — 12.2% vs 3.8%, a 8.4% gap on every dollar of revenue. On growth, Jacobs Solutions posted the faster year-over-year revenue change (12.3% vs 2.9%). Over the past eight quarters, McCormick & Company's revenue compounded faster (7.5% CAGR vs -12.2%).

Jacobs Solutions Inc. is an American international technical professional services firm based in Dallas. The company provides engineering, technical, professional, and construction services as well as scientific and specialty consulting for a broad range of clients globally, including companies, organizations, and government agencies. Jacobs has consistently ranked No.

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.

J vs MKC — Head-to-Head

Bigger by revenue
J
J
1.8× larger
J
$3.3B
$1.9B
MKC
Growing faster (revenue YoY)
J
J
+9.4% gap
J
12.3%
2.9%
MKC
Higher net margin
MKC
MKC
8.4% more per $
MKC
12.2%
3.8%
J
Faster 2-yr revenue CAGR
MKC
MKC
Annualised
MKC
7.5%
-12.2%
J

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
J
J
MKC
MKC
Revenue
$3.3B
$1.9B
Net Profit
$125.5M
$226.6M
Gross Margin
23.2%
38.9%
Operating Margin
7.1%
16.8%
Net Margin
3.8%
12.2%
Revenue YoY
12.3%
2.9%
Net Profit YoY
792.3%
5.3%
EPS (diluted)
$1.12
$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
J
J
MKC
MKC
Q4 25
$3.3B
$1.9B
Q3 25
$3.2B
$1.7B
Q2 25
$3.0B
$1.7B
Q1 25
$2.9B
$1.6B
Q4 24
$2.9B
$1.8B
Q3 24
$-1.2B
$1.7B
Q2 24
$4.2B
$1.6B
Q1 24
$4.3B
$1.6B
Net Profit
J
J
MKC
MKC
Q4 25
$125.5M
$226.6M
Q3 25
$122.2M
$225.5M
Q2 25
$179.6M
$175.0M
Q1 25
$5.6M
$162.3M
Q4 24
$-18.1M
$215.2M
Q3 24
$325.4M
$223.1M
Q2 24
$146.9M
$184.2M
Q1 24
$162.1M
$166.0M
Gross Margin
J
J
MKC
MKC
Q4 25
23.2%
38.9%
Q3 25
24.3%
37.4%
Q2 25
25.0%
37.5%
Q1 25
25.4%
37.6%
Q4 24
24.6%
40.2%
Q3 24
38.7%
Q2 24
21.7%
37.7%
Q1 24
21.2%
37.4%
Operating Margin
J
J
MKC
MKC
Q4 25
7.1%
16.8%
Q3 25
6.7%
16.7%
Q2 25
7.8%
14.8%
Q1 25
7.2%
14.0%
Q4 24
7.1%
17.0%
Q3 24
17.1%
Q2 24
6.2%
14.2%
Q1 24
6.6%
14.6%
Net Margin
J
J
MKC
MKC
Q4 25
3.8%
12.2%
Q3 25
3.9%
13.1%
Q2 25
5.9%
10.5%
Q1 25
0.2%
10.1%
Q4 24
-0.6%
12.0%
Q3 24
-28.1%
13.3%
Q2 24
3.5%
11.2%
Q1 24
3.8%
10.4%
EPS (diluted)
J
J
MKC
MKC
Q4 25
$1.12
$0.84
Q3 25
$0.88
$0.84
Q2 25
$1.55
$0.65
Q1 25
$0.06
$0.60
Q4 24
$-0.11
$0.79
Q3 24
$2.50
$0.83
Q2 24
$1.17
$0.68
Q1 24
$1.28
$0.62

Balance Sheet & Financial Strength

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

Metric
J
J
MKC
MKC
Cash + ST InvestmentsLiquidity on hand
$1.6B
$95.9M
Total DebtLower is stronger
$3.6B
Stockholders' EquityBook value
$3.4B
$5.7B
Total Assets
$11.6B
$13.2B
Debt / EquityLower = less leverage
0.63×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
J
J
MKC
MKC
Q4 25
$1.6B
$95.9M
Q3 25
$1.2B
$94.9M
Q2 25
$1.3B
$124.1M
Q1 25
$1.2B
$102.8M
Q4 24
$1.3B
$186.1M
Q3 24
$1.1B
$200.8M
Q2 24
$1.2B
$166.3M
Q1 24
$1.0B
$178.0M
Total Debt
J
J
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
J
J
MKC
MKC
Q4 25
$3.4B
$5.7B
Q3 25
$3.6B
$5.8B
Q2 25
$3.8B
$5.6B
Q1 25
$3.9B
$5.4B
Q4 24
$4.2B
$5.3B
Q3 24
$4.5B
$5.4B
Q2 24
$6.6B
$5.3B
Q1 24
$6.6B
$5.2B
Total Assets
J
J
MKC
MKC
Q4 25
$11.6B
$13.2B
Q3 25
$11.3B
$13.2B
Q2 25
$11.4B
$13.2B
Q1 25
$11.2B
$12.9B
Q4 24
$11.6B
$13.1B
Q3 24
$11.8B
$13.2B
Q2 24
$15.0B
$13.0B
Q1 24
$14.9B
$12.9B
Debt / Equity
J
J
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
J
J
MKC
MKC
Operating Cash FlowLast quarter
$380.8M
$542.0M
Free Cash FlowOCF − Capex
$364.9M
FCF MarginFCF / Revenue
11.1%
Capex IntensityCapex / Revenue
0.5%
Cash ConversionOCF / Net Profit
3.03×
2.39×
TTM Free Cash FlowTrailing 4 quarters
$875.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
J
J
MKC
MKC
Q4 25
$380.8M
$542.0M
Q3 25
$383.1M
$258.8M
Q2 25
$292.6M
$45.9M
Q1 25
$-96.4M
$115.5M
Q4 24
$107.5M
$458.7M
Q3 24
$196.5M
$161.7M
Q2 24
$482.6M
$163.1M
Q1 24
$-42.8M
$138.4M
Free Cash Flow
J
J
MKC
MKC
Q4 25
$364.9M
Q3 25
$353.5M
$206.1M
Q2 25
$270.5M
$-2.4M
Q1 25
$-113.7M
$78.4M
Q4 24
$97.1M
Q3 24
$158.2M
$102.7M
Q2 24
$444.9M
$94.8M
Q1 24
$-70.6M
$76.4M
FCF Margin
J
J
MKC
MKC
Q4 25
11.1%
Q3 25
11.2%
11.9%
Q2 25
8.9%
-0.1%
Q1 25
-3.9%
4.9%
Q4 24
3.3%
Q3 24
-13.6%
6.1%
Q2 24
10.5%
5.8%
Q1 24
-1.7%
4.8%
Capex Intensity
J
J
MKC
MKC
Q4 25
0.5%
Q3 25
0.9%
3.1%
Q2 25
0.7%
2.9%
Q1 25
0.6%
2.3%
Q4 24
0.4%
Q3 24
-3.3%
3.5%
Q2 24
0.9%
4.2%
Q1 24
0.7%
3.9%
Cash Conversion
J
J
MKC
MKC
Q4 25
3.03×
2.39×
Q3 25
3.13×
1.15×
Q2 25
1.63×
0.26×
Q1 25
-17.18×
0.71×
Q4 24
2.13×
Q3 24
0.60×
0.72×
Q2 24
3.28×
0.89×
Q1 24
-0.26×
0.83×

Financial Flow Comparison

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

Revenue Breakdown by Segment

J
J

Infrastructure Advanced Facilities$2.9B89%
PA Consulting$354.4M11%

MKC
MKC

Consumer$1.1B61%
Flavor Solutions$723.1M39%

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