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

McCormick & Company is the larger business by last-quarter revenue ($1.9B vs $1.2B, roughly 1.6× Sunrun Inc.). McCormick & Company runs the higher net margin — 12.2% vs 8.9%, a 3.3% gap on every dollar of revenue. On growth, Sunrun Inc. posted the faster year-over-year revenue change (123.5% vs 2.9%). Over the past eight quarters, Sunrun Inc.'s revenue compounded faster (59.0% 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.

Sunrun Inc. is an American provider of photovoltaic systems and battery energy storage products, primarily for residential customers. The company was established in 2007 and is headquartered in San Francisco, California.

MKC vs RUN — Head-to-Head

Bigger by revenue
MKC
MKC
1.6× larger
MKC
$1.9B
$1.2B
RUN
Growing faster (revenue YoY)
RUN
RUN
+120.6% gap
RUN
123.5%
2.9%
MKC
Higher net margin
MKC
MKC
3.3% more per $
MKC
12.2%
8.9%
RUN
Faster 2-yr revenue CAGR
RUN
RUN
Annualised
RUN
59.0%
7.5%
MKC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
MKC
MKC
RUN
RUN
Revenue
$1.9B
$1.2B
Net Profit
$226.6M
$103.6M
Gross Margin
38.9%
Operating Margin
16.8%
8.4%
Net Margin
12.2%
8.9%
Revenue YoY
2.9%
123.5%
Net Profit YoY
5.3%
103.7%
EPS (diluted)
$0.84
$0.38

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
RUN
RUN
Q4 25
$1.9B
$1.2B
Q3 25
$1.7B
$724.6M
Q2 25
$1.7B
$569.3M
Q1 25
$1.6B
$504.3M
Q4 24
$1.8B
$518.5M
Q3 24
$1.7B
$537.2M
Q2 24
$1.6B
$523.9M
Q1 24
$1.6B
$458.2M
Net Profit
MKC
MKC
RUN
RUN
Q4 25
$226.6M
$103.6M
Q3 25
$225.5M
$16.6M
Q2 25
$175.0M
$279.8M
Q1 25
$162.3M
$50.0M
Q4 24
$215.2M
$-2.8B
Q3 24
$223.1M
$-83.8M
Q2 24
$184.2M
$139.1M
Q1 24
$166.0M
$-87.8M
Gross Margin
MKC
MKC
RUN
RUN
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
MKC
MKC
RUN
RUN
Q4 25
16.8%
8.4%
Q3 25
16.7%
0.5%
Q2 25
14.8%
-19.7%
Q1 25
14.0%
-22.8%
Q4 24
17.0%
-628.0%
Q3 24
17.1%
-23.8%
Q2 24
14.2%
-24.4%
Q1 24
14.6%
-40.0%
Net Margin
MKC
MKC
RUN
RUN
Q4 25
12.2%
8.9%
Q3 25
13.1%
2.3%
Q2 25
10.5%
49.1%
Q1 25
10.1%
9.9%
Q4 24
12.0%
-542.7%
Q3 24
13.3%
-15.6%
Q2 24
11.2%
26.5%
Q1 24
10.4%
-19.2%
EPS (diluted)
MKC
MKC
RUN
RUN
Q4 25
$0.84
$0.38
Q3 25
$0.84
$0.06
Q2 25
$0.65
$1.07
Q1 25
$0.60
$0.20
Q4 24
$0.79
$-12.59
Q3 24
$0.83
$-0.37
Q2 24
$0.68
$0.55
Q1 24
$0.62
$-0.40

Balance Sheet & Financial Strength

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

Metric
MKC
MKC
RUN
RUN
Cash + ST InvestmentsLiquidity on hand
$95.9M
Total DebtLower is stronger
$3.6B
$14.7B
Stockholders' EquityBook value
$5.7B
$3.1B
Total Assets
$13.2B
$22.6B
Debt / EquityLower = less leverage
0.63×
4.69×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MKC
MKC
RUN
RUN
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
MKC
MKC
RUN
RUN
Q4 25
$3.6B
$14.7B
Q3 25
$3.9B
$14.6B
Q2 25
$3.9B
$14.0B
Q1 25
$3.9B
$13.6B
Q4 24
$3.9B
$12.9B
Q3 24
$3.4B
$12.5B
Q2 24
$4.1B
$12.0B
Q1 24
$4.1B
$11.1B
Stockholders' Equity
MKC
MKC
RUN
RUN
Q4 25
$5.7B
$3.1B
Q3 25
$5.8B
$3.0B
Q2 25
$5.6B
$2.9B
Q1 25
$5.4B
$2.6B
Q4 24
$5.3B
$2.6B
Q3 24
$5.4B
$5.3B
Q2 24
$5.3B
$5.4B
Q1 24
$5.2B
$5.2B
Total Assets
MKC
MKC
RUN
RUN
Q4 25
$13.2B
$22.6B
Q3 25
$13.2B
$22.2B
Q2 25
$13.2B
$21.2B
Q1 25
$12.9B
$20.4B
Q4 24
$13.1B
$19.9B
Q3 24
$13.2B
$22.1B
Q2 24
$13.0B
$21.4B
Q1 24
$12.9B
$20.8B
Debt / Equity
MKC
MKC
RUN
RUN
Q4 25
0.63×
4.69×
Q3 25
0.67×
4.90×
Q2 25
0.69×
4.80×
Q1 25
0.71×
5.19×
Q4 24
0.73×
5.05×
Q3 24
0.63×
2.36×
Q2 24
0.77×
2.23×
Q1 24
0.79×
2.15×

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
RUN
RUN
Operating Cash FlowLast quarter
$542.0M
$96.9M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
2.39×
0.94×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MKC
MKC
RUN
RUN
Q4 25
$542.0M
$96.9M
Q3 25
$258.8M
$-121.5M
Q2 25
$45.9M
$-292.7M
Q1 25
$115.5M
$-104.2M
Q4 24
$458.7M
$-258.4M
Q3 24
$161.7M
$-156.2M
Q2 24
$163.1M
$-208.5M
Q1 24
$138.4M
$-143.1M
Free Cash Flow
MKC
MKC
RUN
RUN
Q4 25
Q3 25
$206.1M
Q2 25
$-2.4M
Q1 25
$78.4M
Q4 24
Q3 24
$102.7M
$-156.4M
Q2 24
$94.8M
Q1 24
$76.4M
FCF Margin
MKC
MKC
RUN
RUN
Q4 25
Q3 25
11.9%
Q2 25
-0.1%
Q1 25
4.9%
Q4 24
Q3 24
6.1%
-29.1%
Q2 24
5.8%
Q1 24
4.8%
Capex Intensity
MKC
MKC
RUN
RUN
Q4 25
Q3 25
3.1%
Q2 25
2.9%
Q1 25
2.3%
Q4 24
Q3 24
3.5%
0.0%
Q2 24
4.2%
Q1 24
3.9%
Cash Conversion
MKC
MKC
RUN
RUN
Q4 25
2.39×
0.94×
Q3 25
1.15×
-7.33×
Q2 25
0.26×
-1.05×
Q1 25
0.71×
-2.08×
Q4 24
2.13×
Q3 24
0.72×
Q2 24
0.89×
-1.50×
Q1 24
0.83×

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%

RUN
RUN

Products$692.3M60%
Customer Agreements$435.2M38%
Manufactured Product Other$56.7M5%
Incentives$31.3M3%

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