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McCormick & Company, Incorporated MKC Hedge Accounting Fair Value Adjustments

Hedge Accounting Fair Value Adjustments at other companies

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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:DeferredGainLossOnDiscontinuationOfInterestRateFairValueHedge.

The official record: McCormick & Company, Incorporated’s 10-Q, filed March 31, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is McCormick & Company, Incorporated's hedge accounting fair value adjustments?
McCormick & Company, Incorporated (MKC) reported hedge accounting fair value adjustments of $1.1M in Q4 2025.
How has McCormick & Company, Incorporated's hedge accounting fair value adjustments changed year-over-year?
McCormick & Company, Incorporated's hedge accounting fair value adjustments decreased by 21.4% year-over-year, from $1.4M to $1.1M.
What is the long-term trend for McCormick & Company, Incorporated's hedge accounting fair value adjustments?
Over 5 years (2020 to 2025), McCormick & Company, Incorporated's hedge accounting fair value adjustments has grown at a 61.5% compound annual growth rate (CAGR), from $100K to $1.1M.
What does hedge accounting fair value adjustments mean?
The accounting adjustments applied to hedged items to reflect their fair value changes due to risk management activities.
How do you interpret hedge accounting fair value adjustments?
Adjustments indicate the degree to which market risks are being actively managed and reflected in the balance sheet.
How does hedge accounting fair value adjustments compare across companies?
Standard for companies with significant fair value hedge programs, such as those hedging interest rate risk on debt.