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

Roper Technologies is the larger business by last-quarter revenue ($2.1B vs $1.9B, roughly 1.1× McCormick & Company). Roper Technologies runs the higher net margin — 15.8% vs 12.2%, a 3.6% gap on every dollar of revenue. On growth, Roper Technologies posted the faster year-over-year revenue change (11.3% vs 2.9%). Over the past eight quarters, Roper Technologies's revenue compounded faster (10.5% 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.

MKC vs ROP — Head-to-Head

Bigger by revenue
ROP
ROP
1.1× larger
ROP
$2.1B
$1.9B
MKC
Growing faster (revenue YoY)
ROP
ROP
+8.4% gap
ROP
11.3%
2.9%
MKC
Higher net margin
ROP
ROP
3.6% more per $
ROP
15.8%
12.2%
MKC
Faster 2-yr revenue CAGR
ROP
ROP
Annualised
ROP
10.5%
7.5%
MKC

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
MKC
MKC
ROP
ROP
Revenue
$1.9B
$2.1B
Net Profit
$226.6M
$331.0M
Gross Margin
38.9%
69.4%
Operating Margin
16.8%
27.2%
Net Margin
12.2%
15.8%
Revenue YoY
2.9%
11.3%
Net Profit YoY
5.3%
842.6%
EPS (diluted)
$0.84
$4.87

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
ROP
ROP
Q1 26
$2.1B
Q4 25
$1.9B
$2.1B
Q3 25
$1.7B
$2.0B
Q2 25
$1.7B
$1.9B
Q1 25
$1.6B
$1.9B
Q4 24
$1.8B
$1.9B
Q3 24
$1.7B
$1.8B
Q2 24
$1.6B
$1.7B
Net Profit
MKC
MKC
ROP
ROP
Q1 26
$331.0M
Q4 25
$226.6M
$428.4M
Q3 25
$225.5M
$398.5M
Q2 25
$175.0M
$378.3M
Q1 25
$162.3M
$331.1M
Q4 24
$215.2M
$462.3M
Q3 24
$223.1M
$367.9M
Q2 24
$184.2M
$337.1M
Gross Margin
MKC
MKC
ROP
ROP
Q1 26
69.4%
Q4 25
38.9%
69.5%
Q3 25
37.4%
69.5%
Q2 25
37.5%
69.2%
Q1 25
37.6%
68.7%
Q4 24
40.2%
68.3%
Q3 24
38.7%
69.2%
Q2 24
37.7%
69.5%
Operating Margin
MKC
MKC
ROP
ROP
Q1 26
27.2%
Q4 25
16.8%
28.6%
Q3 25
16.7%
28.4%
Q2 25
14.8%
28.2%
Q1 25
14.0%
27.9%
Q4 24
17.0%
28.0%
Q3 24
17.1%
28.1%
Q2 24
14.2%
28.8%
Net Margin
MKC
MKC
ROP
ROP
Q1 26
15.8%
Q4 25
12.2%
20.8%
Q3 25
13.1%
19.8%
Q2 25
10.5%
19.5%
Q1 25
10.1%
17.6%
Q4 24
12.0%
24.6%
Q3 24
13.3%
20.8%
Q2 24
11.2%
19.6%
EPS (diluted)
MKC
MKC
ROP
ROP
Q1 26
$4.87
Q4 25
$0.84
$3.97
Q3 25
$0.84
$3.68
Q2 25
$0.65
$3.49
Q1 25
$0.60
$3.06
Q4 24
$0.79
$4.29
Q3 24
$0.83
$3.40
Q2 24
$0.68
$3.12

Balance Sheet & Financial Strength

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

Metric
MKC
MKC
ROP
ROP
Cash + ST InvestmentsLiquidity on hand
$95.9M
$382.9M
Total DebtLower is stronger
$3.6B
$9.7B
Stockholders' EquityBook value
$5.7B
$18.8B
Total Assets
$13.2B
$34.6B
Debt / EquityLower = less leverage
0.63×
0.52×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MKC
MKC
ROP
ROP
Q1 26
$382.9M
Q4 25
$95.9M
$297.4M
Q3 25
$94.9M
$320.0M
Q2 25
$124.1M
$242.4M
Q1 25
$102.8M
$372.8M
Q4 24
$186.1M
$188.2M
Q3 24
$200.8M
$269.6M
Q2 24
$166.3M
$251.5M
Total Debt
MKC
MKC
ROP
ROP
Q1 26
$9.7B
Q4 25
$3.6B
$9.3B
Q3 25
$3.9B
Q2 25
$3.9B
Q1 25
$3.9B
Q4 24
$3.9B
$7.6B
Q3 24
$3.4B
Q2 24
$4.1B
Stockholders' Equity
MKC
MKC
ROP
ROP
Q1 26
$18.8B
Q4 25
$5.7B
$19.9B
Q3 25
$5.8B
$20.0B
Q2 25
$5.6B
$19.6B
Q1 25
$5.4B
$19.2B
Q4 24
$5.3B
$18.9B
Q3 24
$5.4B
$18.5B
Q2 24
$5.3B
$18.1B
Total Assets
MKC
MKC
ROP
ROP
Q1 26
$34.6B
Q4 25
$13.2B
$34.6B
Q3 25
$13.2B
$34.6B
Q2 25
$13.2B
$33.2B
Q1 25
$12.9B
$31.4B
Q4 24
$13.1B
$31.3B
Q3 24
$13.2B
$31.6B
Q2 24
$13.0B
$29.8B
Debt / Equity
MKC
MKC
ROP
ROP
Q1 26
0.52×
Q4 25
0.63×
0.47×
Q3 25
0.67×
Q2 25
0.69×
Q1 25
0.71×
Q4 24
0.73×
0.40×
Q3 24
0.63×
Q2 24
0.77×

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
ROP
ROP
Operating Cash FlowLast quarter
$542.0M
Free Cash FlowOCF − Capex
$507.0M
FCF MarginFCF / Revenue
24.2%
Capex IntensityCapex / Revenue
0.5%
Cash ConversionOCF / Net Profit
2.39×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MKC
MKC
ROP
ROP
Q1 26
Q4 25
$542.0M
$738.0M
Q3 25
$258.8M
$869.5M
Q2 25
$45.9M
$404.1M
Q1 25
$115.5M
$528.7M
Q4 24
$458.7M
$722.2M
Q3 24
$161.7M
$755.4M
Q2 24
$163.1M
$384.1M
Free Cash Flow
MKC
MKC
ROP
ROP
Q1 26
$507.0M
Q4 25
Q3 25
$206.1M
Q2 25
$-2.4M
Q1 25
$78.4M
Q4 24
Q3 24
$102.7M
Q2 24
$94.8M
FCF Margin
MKC
MKC
ROP
ROP
Q1 26
24.2%
Q4 25
Q3 25
11.9%
Q2 25
-0.1%
Q1 25
4.9%
Q4 24
Q3 24
6.1%
Q2 24
5.8%
Capex Intensity
MKC
MKC
ROP
ROP
Q1 26
0.5%
Q4 25
Q3 25
3.1%
Q2 25
2.9%
Q1 25
2.3%
Q4 24
Q3 24
3.5%
Q2 24
4.2%
Cash Conversion
MKC
MKC
ROP
ROP
Q1 26
Q4 25
2.39×
1.72×
Q3 25
1.15×
2.18×
Q2 25
0.26×
1.07×
Q1 25
0.71×
1.60×
Q4 24
2.13×
1.56×
Q3 24
0.72×
2.05×
Q2 24
0.89×
1.14×

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%

ROP
ROP

Segment breakdown not available.

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