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Side-by-side financial comparison of McCormick & Company (MKC) and Western Union CO (WU). Click either name above to swap in a different company.

McCormick & Company is the larger business by last-quarter revenue ($1.9B vs $982.7M, roughly 1.9× Western Union CO). McCormick & Company runs the higher net margin — 12.2% vs 6.6%, a 5.7% gap on every dollar of revenue. On growth, McCormick & Company posted the faster year-over-year revenue change (2.9% vs 0.0%). Over the past eight quarters, McCormick & Company's revenue compounded faster (7.5% CAGR vs -1.9%).

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.

The Western Union Company is an American multinational financial services corporation headquartered in Denver, Colorado.

MKC vs WU — Head-to-Head

Bigger by revenue
MKC
MKC
1.9× larger
MKC
$1.9B
$982.7M
WU
Growing faster (revenue YoY)
MKC
MKC
+2.9% gap
MKC
2.9%
0.0%
WU
Higher net margin
MKC
MKC
5.7% more per $
MKC
12.2%
6.6%
WU
Faster 2-yr revenue CAGR
MKC
MKC
Annualised
MKC
7.5%
-1.9%
WU

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
MKC
MKC
WU
WU
Revenue
$1.9B
$982.7M
Net Profit
$226.6M
$64.7M
Gross Margin
38.9%
Operating Margin
16.8%
12.5%
Net Margin
12.2%
6.6%
Revenue YoY
2.9%
0.0%
Net Profit YoY
5.3%
-47.6%
EPS (diluted)
$0.84
$0.41

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
WU
WU
Q1 26
$982.7M
Q4 25
$1.9B
$972.0M
Q3 25
$1.7B
$985.3M
Q2 25
$1.7B
$983.6M
Q1 25
$1.6B
$938.7M
Q4 24
$1.8B
$1.0B
Q3 24
$1.7B
$993.4M
Q2 24
$1.6B
$1.0B
Net Profit
MKC
MKC
WU
WU
Q1 26
$64.7M
Q4 25
$226.6M
$114.4M
Q3 25
$225.5M
$139.6M
Q2 25
$175.0M
$122.1M
Q1 25
$162.3M
$123.5M
Q4 24
$215.2M
$385.7M
Q3 24
$223.1M
$264.8M
Q2 24
$184.2M
$141.0M
Gross Margin
MKC
MKC
WU
WU
Q1 26
Q4 25
38.9%
33.6%
Q3 25
37.4%
34.7%
Q2 25
37.5%
34.6%
Q1 25
37.6%
34.0%
Q4 24
40.2%
35.0%
Q3 24
38.7%
34.2%
Q2 24
37.7%
35.0%
Operating Margin
MKC
MKC
WU
WU
Q1 26
12.5%
Q4 25
16.8%
19.1%
Q3 25
16.7%
20.5%
Q2 25
14.8%
19.6%
Q1 25
14.0%
18.9%
Q4 24
17.0%
17.5%
Q3 24
17.1%
16.6%
Q2 24
14.2%
18.7%
Net Margin
MKC
MKC
WU
WU
Q1 26
6.6%
Q4 25
12.2%
11.8%
Q3 25
13.1%
14.2%
Q2 25
10.5%
12.4%
Q1 25
10.1%
13.2%
Q4 24
12.0%
37.9%
Q3 24
13.3%
26.7%
Q2 24
11.2%
13.8%
EPS (diluted)
MKC
MKC
WU
WU
Q1 26
$0.41
Q4 25
$0.84
$0.36
Q3 25
$0.84
$0.43
Q2 25
$0.65
$0.37
Q1 25
$0.60
$0.36
Q4 24
$0.79
$1.14
Q3 24
$0.83
$0.78
Q2 24
$0.68
$0.41

Balance Sheet & Financial Strength

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

Metric
MKC
MKC
WU
WU
Cash + ST InvestmentsLiquidity on hand
$95.9M
$909.2M
Total DebtLower is stronger
$3.6B
Stockholders' EquityBook value
$5.7B
$910.5M
Total Assets
$13.2B
$8.1B
Debt / EquityLower = less leverage
0.63×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MKC
MKC
WU
WU
Q1 26
$909.2M
Q4 25
$95.9M
$1.2B
Q3 25
$94.9M
$947.8M
Q2 25
$124.1M
$1.0B
Q1 25
$102.8M
$1.3B
Q4 24
$186.1M
$1.5B
Q3 24
$200.8M
$1.1B
Q2 24
$166.3M
$1.0B
Total Debt
MKC
MKC
WU
WU
Q1 26
Q4 25
$3.6B
$2.9B
Q3 25
$3.9B
$2.5B
Q2 25
$3.9B
$2.5B
Q1 25
$3.9B
$2.5B
Q4 24
$3.9B
$3.0B
Q3 24
$3.4B
$2.1B
Q2 24
$4.1B
$2.1B
Stockholders' Equity
MKC
MKC
WU
WU
Q1 26
$910.5M
Q4 25
$5.7B
$957.8M
Q3 25
$5.8B
$925.4M
Q2 25
$5.6B
$883.6M
Q1 25
$5.4B
$939.4M
Q4 24
$5.3B
$968.9M
Q3 24
$5.4B
$652.7M
Q2 24
$5.3B
$440.8M
Total Assets
MKC
MKC
WU
WU
Q1 26
$8.1B
Q4 25
$13.2B
$8.3B
Q3 25
$13.2B
$7.8B
Q2 25
$13.2B
$8.0B
Q1 25
$12.9B
$8.3B
Q4 24
$13.1B
$8.4B
Q3 24
$13.2B
$7.7B
Q2 24
$13.0B
$8.0B
Debt / Equity
MKC
MKC
WU
WU
Q1 26
Q4 25
0.63×
3.01×
Q3 25
0.67×
2.70×
Q2 25
0.69×
2.83×
Q1 25
0.71×
2.61×
Q4 24
0.73×
3.04×
Q3 24
0.63×
3.29×
Q2 24
0.77×
4.88×

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
WU
WU
Operating Cash FlowLast quarter
$542.0M
$109.0M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
4.8%
Cash ConversionOCF / Net Profit
2.39×
1.68×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MKC
MKC
WU
WU
Q1 26
$109.0M
Q4 25
$542.0M
$135.4M
Q3 25
$258.8M
$260.4M
Q2 25
$45.9M
$-300.0K
Q1 25
$115.5M
$148.2M
Q4 24
$458.7M
$134.0M
Q3 24
$161.7M
$212.1M
Q2 24
$163.1M
$-33.8M
Free Cash Flow
MKC
MKC
WU
WU
Q1 26
Q4 25
$115.5M
Q3 25
$206.1M
$252.7M
Q2 25
$-2.4M
$-7.8M
Q1 25
$78.4M
$144.8M
Q4 24
$119.7M
Q3 24
$102.7M
$205.1M
Q2 24
$94.8M
$-38.9M
FCF Margin
MKC
MKC
WU
WU
Q1 26
Q4 25
11.9%
Q3 25
11.9%
25.6%
Q2 25
-0.1%
-0.8%
Q1 25
4.9%
15.4%
Q4 24
11.8%
Q3 24
6.1%
20.6%
Q2 24
5.8%
-3.8%
Capex Intensity
MKC
MKC
WU
WU
Q1 26
4.8%
Q4 25
2.0%
Q3 25
3.1%
0.8%
Q2 25
2.9%
0.8%
Q1 25
2.3%
0.4%
Q4 24
1.4%
Q3 24
3.5%
0.7%
Q2 24
4.2%
0.5%
Cash Conversion
MKC
MKC
WU
WU
Q1 26
1.68×
Q4 25
2.39×
1.18×
Q3 25
1.15×
1.87×
Q2 25
0.26×
-0.00×
Q1 25
0.71×
1.20×
Q4 24
2.13×
0.35×
Q3 24
0.72×
0.80×
Q2 24
0.89×
-0.24×

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%

WU
WU

Segment breakdown not available.

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