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McCormick & Company, Incorporated MKC Equity Method Investments

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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:LongTermInvestments.

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
$1,448.8$1,413.0
Other long-term assets
Investments in affiliates$167.8$152.2
Long-term investments132.9130.5
Right of use asset216.8211.0
Software, net of accumulated amortization of $307.1 for 2025 and $288.4 for 2024208.7179.1
Pension asset147.3122.4
Other145.6176.7

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

What is McCormick & Company, Incorporated's equity method investments?
McCormick & Company, Incorporated (MKC) reported equity method investments of $132.9M in Q3 2025.
How has McCormick & Company, Incorporated's equity method investments changed year-over-year?
McCormick & Company, Incorporated's equity method investments increased by 1.8% year-over-year, from $130.5M to $132.9M.
What is the long-term trend for McCormick & Company, Incorporated's equity method investments?
Over 5 years (2020 to 2025), McCormick & Company, Incorporated's equity method investments has grown at a 0.5% compound annual growth rate (CAGR), from $129.9M to $132.9M.
What does equity method investments mean?
Investments in unconsolidated affiliates and joint ventures where the company has significant influence (typically 20-50% ownership), carried at proportional book value.

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