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McCormick & Company, Incorporated MKC Allowance for Doubtful Accounts Receivable (Current)

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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$14.28B-23.6%
Enterprise value$18.88B-15.2%
P/E8.8×-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:AllowanceForDoubtfulAccountsReceivableCurrent.

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
Trade accounts receivable allowance for doubtful accounts$4.1$4.7
Inventories
Finished products$629.1$618.3
Raw materials and work-in-process642.9621.6
$1,272.0$1,239.9
Prepaid expenses$53.2$51.5
Other current assets88.174.1
$141.3$125.6

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

What is McCormick & Company, Incorporated's allowance for doubtful accounts receivable (current)?
McCormick & Company, Incorporated (MKC) reported allowance for doubtful accounts receivable (current) of $4.1M in Q3 2025.
How has McCormick & Company, Incorporated's allowance for doubtful accounts receivable (current) changed year-over-year?
McCormick & Company, Incorporated's allowance for doubtful accounts receivable (current) decreased by 12.8% year-over-year, from $4.7M to $4.1M.
What is the long-term trend for McCormick & Company, Incorporated's allowance for doubtful accounts receivable (current)?
Over 5 years (2020 to 2025), McCormick & Company, Incorporated's allowance for doubtful accounts receivable (current) has grown at a -4.6% compound annual growth rate (CAGR), from $5.2M to $4.1M.
What does allowance for doubtful accounts receivable (current) mean?
This is the valuation allowance for current receivables that are considered uncollectible due to disputes, bankruptcy, or other non-payment issues. It serves as a buffer against potential losses from customer defaults. It is a critical indicator of the health of the company's accounts receivable portfolio.

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