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Contract Assets, Net at other companies

International Flavors & Fragrances logo
International Flavors & FragrancesIFF
$33M+13.8%
General Mills logo
General MillsGIS
$65.9M

Other financials

Income statement

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Revenue$1.9B+16.7%
Gross profit$708.9M+17.4%
Operating income$227.5M+1.0%
Net income$1.0B+526%
EPS (diluted)$3.77+528%

Balance sheet

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Cash & equivalents$177.7M+72.9%
Total debt$4.9B+38.3%
Total equity$7.0B+28.7%
Total assets$16.3B+26.7%

Cash flow

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Operating cash flow$50.9M-55.9%
CapEx$32.5M-12.4%
Free cash flow$18.4M-76.5%

Valuation

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Market cap$12.54B-13.9%
Enterprise value$17.28B-7.0%
P/E7.6×-10.9×
P/S1.8×-0.4×

Profitability

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Gross margin37.9%-0.6pp
Operating margin15.1%-0.5pp
Net margin23.1%+11.4pp
FCF margin9.6%0.0pp

Returns & leverage

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Return on equity26.5%+11.8pp
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:DeferredTaxAssetsInventory.

The official record: McCormick & Company, Incorporated’s 10-K, filed January 22, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is McCormick & Company, Incorporated's contract assets, net?
McCormick & Company, Incorporated (MKC) reported contract assets, net of $17.9M in Q3 2025.
How has McCormick & Company, Incorporated's contract assets, net changed year-over-year?
McCormick & Company, Incorporated's contract assets, net decreased by 2.2% year-over-year, from $18.3M to $17.9M.
What is the long-term trend for McCormick & Company, Incorporated's contract assets, net?
Over 5 years (2020 to 2025), McCormick & Company, Incorporated's contract assets, net has grown at a 11.0% compound annual growth rate (CAGR), from $10.6M to $17.9M.
What does contract assets, net mean?
The value of work performed or goods delivered for which the company has not yet billed the customer.
How do you interpret contract assets, net?
An increase may indicate strong sales growth or a shift in contract terms, while a decrease suggests faster conversion of contracts into billed receivables.
How does contract assets, net compare across companies?
Common in industries with long-term service or construction-type contracts; peers in manufacturing or B2B services often report this.