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Side-by-side financial comparison of McCormick & Company (MKC) and Rocket Companies, Inc. (RKT). Click either name above to swap in a different company.

Rocket Companies, Inc. is the larger business by last-quarter revenue ($2.7B vs $1.9B, roughly 1.5× McCormick & Company). McCormick & Company runs the higher net margin — 12.2% vs 2.5%, a 9.7% gap on every dollar of revenue. On growth, Rocket Companies, Inc. posted the faster year-over-year revenue change (52.2% vs 2.9%). Over the past eight quarters, Rocket Companies, Inc.'s revenue compounded faster (39.5% CAGR vs 7.5%).

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.

Rocket Companies, Inc., is an American fintech and homeownership services company. Founded by Dan Gilbert and based in Downtown Detroit, Michigan, the company is one of the largest mortgage lenders in the United States through its flagship subsidiary Rocket Mortgage. Its subsidiaries include Redfin, Forsalebyowner.com, and Rocket Money.

MKC vs RKT — Head-to-Head

Bigger by revenue
RKT
RKT
1.5× larger
RKT
$2.7B
$1.9B
MKC
Growing faster (revenue YoY)
RKT
RKT
+49.2% gap
RKT
52.2%
2.9%
MKC
Higher net margin
MKC
MKC
9.7% more per $
MKC
12.2%
2.5%
RKT
Faster 2-yr revenue CAGR
RKT
RKT
Annualised
RKT
39.5%
7.5%
MKC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
MKC
MKC
RKT
RKT
Revenue
$1.9B
$2.7B
Net Profit
$226.6M
$68.0M
Gross Margin
38.9%
Operating Margin
16.8%
6.3%
Net Margin
12.2%
2.5%
Revenue YoY
2.9%
52.2%
Net Profit YoY
5.3%
100.8%
EPS (diluted)
$0.84
$0.10

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
MKC
MKC
RKT
RKT
Q4 25
$1.9B
$2.7B
Q3 25
$1.7B
$1.6B
Q2 25
$1.7B
$1.4B
Q1 25
$1.6B
$1.0B
Q4 24
$1.8B
$1.8B
Q3 24
$1.7B
$646.9M
Q2 24
$1.6B
$1.3B
Q1 24
$1.6B
$1.4B
Net Profit
MKC
MKC
RKT
RKT
Q4 25
$226.6M
$68.0M
Q3 25
$225.5M
$-123.9M
Q2 25
$175.0M
$-1.8M
Q1 25
$162.3M
$-10.4M
Q4 24
$215.2M
$33.9M
Q3 24
$223.1M
$-22.0M
Q2 24
$184.2M
$1.3M
Q1 24
$166.0M
$16.2M
Gross Margin
MKC
MKC
RKT
RKT
Q4 25
38.9%
Q3 25
37.4%
Q2 25
37.5%
Q1 25
37.6%
Q4 24
40.2%
58.9%
Q3 24
38.7%
-8.4%
Q2 24
37.7%
47.4%
Q1 24
37.4%
51.2%
Operating Margin
MKC
MKC
RKT
RKT
Q4 25
16.8%
6.3%
Q3 25
16.7%
-11.5%
Q2 25
14.8%
1.8%
Q1 25
14.0%
-21.5%
Q4 24
17.0%
38.1%
Q3 24
17.1%
-76.9%
Q2 24
14.2%
14.8%
Q1 24
14.6%
21.6%
Net Margin
MKC
MKC
RKT
RKT
Q4 25
12.2%
2.5%
Q3 25
13.1%
-7.7%
Q2 25
10.5%
-0.1%
Q1 25
10.1%
-1.0%
Q4 24
12.0%
1.9%
Q3 24
13.3%
-3.4%
Q2 24
11.2%
0.1%
Q1 24
10.4%
1.2%
EPS (diluted)
MKC
MKC
RKT
RKT
Q4 25
$0.84
$0.10
Q3 25
$0.84
$-0.06
Q2 25
$0.65
$-0.01
Q1 25
$0.60
$-0.08
Q4 24
$0.79
$0.28
Q3 24
$0.83
$-0.19
Q2 24
$0.68
$0.01
Q1 24
$0.62
$0.11

Balance Sheet & Financial Strength

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

Metric
MKC
MKC
RKT
RKT
Cash + ST InvestmentsLiquidity on hand
$95.9M
$2.7B
Total DebtLower is stronger
$3.6B
Stockholders' EquityBook value
$5.7B
$22.9B
Total Assets
$13.2B
$60.7B
Debt / EquityLower = less leverage
0.63×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MKC
MKC
RKT
RKT
Q4 25
$95.9M
$2.7B
Q3 25
$94.9M
$5.8B
Q2 25
$124.1M
$5.1B
Q1 25
$102.8M
$1.4B
Q4 24
$186.1M
$1.3B
Q3 24
$200.8M
$1.2B
Q2 24
$166.3M
$1.3B
Q1 24
$178.0M
$861.4M
Total Debt
MKC
MKC
RKT
RKT
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
MKC
MKC
RKT
RKT
Q4 25
$5.7B
$22.9B
Q3 25
$5.8B
$8.9B
Q2 25
$5.6B
$7.4B
Q1 25
$5.4B
$8.6B
Q4 24
$5.3B
$9.0B
Q3 24
$5.4B
$8.4B
Q2 24
$5.3B
$8.8B
Q1 24
$5.2B
$8.6B
Total Assets
MKC
MKC
RKT
RKT
Q4 25
$13.2B
$60.7B
Q3 25
$13.2B
$33.6B
Q2 25
$13.2B
$30.4B
Q1 25
$12.9B
$25.3B
Q4 24
$13.1B
$24.5B
Q3 24
$13.2B
$25.1B
Q2 24
$13.0B
$23.6B
Q1 24
$12.9B
$22.2B
Debt / Equity
MKC
MKC
RKT
RKT
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
MKC
MKC
RKT
RKT
Operating Cash FlowLast quarter
$542.0M
$-1.2B
Free Cash FlowOCF − Capex
$-1.3B
FCF MarginFCF / Revenue
-47.2%
Capex IntensityCapex / Revenue
1.5%
Cash ConversionOCF / Net Profit
2.39×
-18.08×
TTM Free Cash FlowTrailing 4 quarters
$-4.0B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MKC
MKC
RKT
RKT
Q4 25
$542.0M
$-1.2B
Q3 25
$258.8M
$-50.3M
Q2 25
$45.9M
$-1.9B
Q1 25
$115.5M
$-797.0M
Q4 24
$458.7M
$1.8B
Q3 24
$161.7M
$-1.3B
Q2 24
$163.1M
$-122.3M
Q1 24
$138.4M
$-3.0B
Free Cash Flow
MKC
MKC
RKT
RKT
Q4 25
$-1.3B
Q3 25
$206.1M
$-71.8M
Q2 25
$-2.4M
$-1.9B
Q1 25
$78.4M
$-811.0M
Q4 24
$1.8B
Q3 24
$102.7M
$-1.4B
Q2 24
$94.8M
$-138.3M
Q1 24
$76.4M
$-3.0B
FCF Margin
MKC
MKC
RKT
RKT
Q4 25
-47.2%
Q3 25
11.9%
-4.5%
Q2 25
-0.1%
-137.2%
Q1 25
4.9%
-78.2%
Q4 24
103.1%
Q3 24
6.1%
-209.6%
Q2 24
5.8%
-10.6%
Q1 24
4.8%
-218.7%
Capex Intensity
MKC
MKC
RKT
RKT
Q4 25
1.5%
Q3 25
3.1%
1.3%
Q2 25
2.9%
1.1%
Q1 25
2.3%
1.4%
Q4 24
1.1%
Q3 24
3.5%
2.9%
Q2 24
4.2%
1.2%
Q1 24
3.9%
1.0%
Cash Conversion
MKC
MKC
RKT
RKT
Q4 25
2.39×
-18.08×
Q3 25
1.15×
Q2 25
0.26×
Q1 25
0.71×
Q4 24
2.13×
54.42×
Q3 24
0.72×
Q2 24
0.89×
-94.46×
Q1 24
0.83×
-185.80×

Financial Flow Comparison

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

Revenue Breakdown by Segment

MKC
MKC

Consumer$1.1B61%
Flavor Solutions$723.1M39%

RKT
RKT

Other$1.4B51%
Direct To Customer Segment$945.8M35%
Partner Network Segment$216.7M8%
Subscription Revenue$91.3M3%
Closing Fees$47.1M2%
Appraisal Revenue$10.7M0%

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