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McCormick & Company, Incorporated

MKC and MKC.V

McCormick & Company is a global leader in the flavor industry, specializing in the manufacturing, marketing, and distribution of a diverse range of flavorful products.

Market cap
$12.59B-27.3%
Revenue$7.7B+13.2%
Net income$1.5B+91.6%
Free cash flow$925.9M+41.3%
EPS (diluted)$5.53+92.0%
Trailing twelve months · change vs. prior year

Earnings

Next report

Jan 28, 2027 (in 3 months)
Revenue estimate$2.1B
EPS estimate$0.77

Financials

Q3 2026

Income statement

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Revenue$2.0B+17.4%
Gross profit$794.9M+23.2%
Operating income$217.0M-24.8%
Net income$97.6M-56.7%
EPS (diluted)$0.36-57.1%

Balance sheet

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Cash & equivalents$331.1M+249%
Total debt$4.3B+20.0%
Total equity$7.0B+21.7%
Total assets$16.7B+25.7%

Cash flow

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Operating cash flow$168.1M-35.0%
CapEx$56.0M+6.3%
Free cash flow$112.1M-45.6%

Valuation & ratios

Valuation

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Market cap$12.59B-27.3%
Enterprise value$16.58B-19.9%
P/E8.5×-13.7×
P/S1.6×-0.9×

Profitability

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Gross margin39.1%+0.8pp
Operating margin13.4%-2.3pp
Net margin19.4%+7.9pp
FCF margin6.1%—

Returns & leverage

See full
Return on equity23.4%+9.4pp
Debt / equity0.6×0.0×
Current ratio0.7×-0.1×

Segments

By geography

See full
Americas$1.5B+21.7%
EMEA$326.9M+3.5%
APAC$203.1M+12.3%

By segment

See full
Consumer$1.2B+24.9%
Flavor Solutions$809.4M+7.7%

Competitors

Profile

McCormick & Company is a global leader in the flavor industry, specializing in the manufacturing, marketing, and distribution of a diverse range of flavorful products. The company serves the entire food and beverage ecosystem, providing essential ingredients and seasoning solutions to retail consumers, commercial food manufacturers, and foodservice providers worldwide.

Competitive position

A global leader in flavor with a dominant market share in spices and seasonings across both retail and industrial channels.

GeographiesNorth America, Europe, China, Australia, Central America, Thailand, South Africa, Mexico
Customer segmentsRetail Consumers, Industrial Food Processors, Foodservice Operators
Business modelManufacturing, Wholesale Distribution, B2B Ingredient Supply
SuppliersAgricultural Producers, Spice Growers, Raw Material Suppliers, Packaging Manufacturers
CustomersSupermarket Chains, Industrial Food Processors, Restaurant Groups, Catering Services
Listed1972
Employees13.8K
CEOBrendan Foley
FilingsSEC EDGAR

FAQ

What is McCormick & Company, Incorporated's market cap?
McCormick & Company, Incorporated (MKC) has a market capitalization of $12.6B and trades on NYSE.
What is McCormick & Company, Incorporated's revenue and profitability?
McCormick & Company, Incorporated generated $7.7B in trailing twelve-month revenue with net income of $1.5B, representing a net margin of 19.4%. Gross margin stands at 39.1%, with free cash flow of $925.9M. The latest reported period is Q3 2026.
Who are McCormick & Company, Incorporated's competitors?
McCormick & Company, Incorporated's key competitors include The Kraft Heinz Company, Conagra Brands, International Flavors & Fragrances, and others. These companies compete in similar markets and product categories.
What subsidiaries does McCormick & Company, Incorporated have?
McCormick & Company, Incorporated's subsidiaries include McCormick de Mexico.
Where is McCormick & Company, Incorporated headquartered?
McCormick & Company, Incorporated is headquartered in United States of America and employs approximately 13,800 people. It has been publicly traded since 1972.