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McCormick & Company, Incorporated MKC Branded foodservice — Net Sales

Other product segments

Spices & seasoning
$1.71B+3.4%
Flavors
$1.62B+0.1%
Condiments & sauces
$950.9M+1.5%
Regional leaders
$852.7M+3.6%
Recipe mixes
$439.1M+0.3%
Custom condiments
$329.3M-2.2%
Coatings, bulk spices & herbs
$326.7M+7.2%

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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:Revenues.

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
for the year ended November 30 (millions except per share data)202520242023
Net sales$6,840.3$6,723.7$6,662.2
Cost of goods sold4,248.14,132.74,159.7
Gross profit2,592.22,591.02,502.5
Selling, general and administrative expense1,500.31,521.21,478.3
Special charges21.19.561.2
Operating income1,070.81,060.3963.0
Interest expense196.2209.4208.2
Other income, net38.447.443.9

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

What is McCormick & Company, Incorporated's branded foodservice — net sales?
McCormick & Company, Incorporated (MKC) reported branded foodservice — net sales of $153.53M in Q3 2025.
How has McCormick & Company, Incorporated's branded foodservice — net sales changed year-over-year?
McCormick & Company, Incorporated's branded foodservice — net sales decreased by 0.2% year-over-year, from $153.78M to $153.53M.
What is the long-term trend for McCormick & Company, Incorporated's branded foodservice — net sales?
Over 4 years (2021 to 2025), McCormick & Company, Incorporated's branded foodservice — net sales has grown at a 5.8% compound annual growth rate (CAGR), from $490.8M to $614.1M.
What does branded foodservice — net sales mean?
This metric represents the total revenue generated from the sale of branded flavor solutions, spices, and seasonings specifically to the foodservice industry, including quick-service restaurants and institutional food providers. It reflects the company's ability to capture market share within the professional culinary sector by leveraging its established brand equity. This revenue stream is a key indicator of the company's penetration into out-of-home dining channels.

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