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McCormick & Company, Incorporated MKC Accrued Manufacturing Costs

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Other financials

Income statement

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Revenue$1.9B+16.7%
Gross profit$778.2M+25.0%
Operating income$276.4M+12.4%
Net income$150.1M-14.2%
EPS (diluted)$0.56-13.8%

Balance sheet

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Cash & equivalents$331.2M+167%
Total debt$4.9B+33.1%
Total equity$7.0B+24.9%
Total assets$16.5B+24.9%

Cash flow

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Operating cash flow$379.8M+727%
CapEx$42.7M-11.6%
Free cash flow$337.1M

Valuation

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Market cap$14.13B-24.2%
Enterprise value$18.72B-15.7%
P/E8.7×-15.3×
P/S1.9×-0.8×

Profitability

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Gross margin38.6%+0.1pp
Operating margin14.9%-0.8pp
Net margin21.9%+10.4pp
FCF margin13.8%+5.6pp

Returns & leverage

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Return on equity25.7%+11.5pp
Debt / equity0.7×0.0×
Current ratio0.8×+0.1×

Where this comes from

Reported directly by McCormick & Company, Incorporated in its filing.

Tagged under the XBRL concept us-gaap:EmployeeRelatedLiabilitiesCurrent.

The source filing: McCormick & Company, Incorporated’s 10-K, filed January 22, 2026.

Filed
Jan 22, 2026, 4:30 PM EST
Fiscal year
FY2025
Accession
0000063754-26-000037
At November 30 (millions)20252024
Other145.6176.7
$1,019.1$971.9
Other accrued liabilities
Payroll and employee benefits$168.2$192.8
Sales allowances228.8206.4
Dividends payable128.9120.7
Other386.4376.5
$912.3$896.4

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

What is McCormick & Company, Incorporated's accrued manufacturing costs?
McCormick & Company, Incorporated (MKC) reported accrued manufacturing costs of $168.2M in Q3 2025.
How has McCormick & Company, Incorporated's accrued manufacturing costs changed year-over-year?
McCormick & Company, Incorporated's accrued manufacturing costs decreased by 12.8% year-over-year, from $192.8M to $168.2M.
What is the long-term trend for McCormick & Company, Incorporated's accrued manufacturing costs?
Over 5 years (2020 to 2025), McCormick & Company, Incorporated's accrued manufacturing costs has grown at a -8.4% compound annual growth rate (CAGR), from $260.7M to $168.2M.

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