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McCormick & Company, Incorporated MKC Coatings, bulk spices & herbs — 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%
Branded foodservice
$614.1M-0.2%
Recipe mixes
$439.1M+0.3%
Custom condiments
$329.3M-2.2%

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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 coatings, bulk spices & herbs — net sales?
McCormick & Company, Incorporated (MKC) reported coatings, bulk spices & herbs — net sales of $81.68M in Q3 2025.
How has McCormick & Company, Incorporated's coatings, bulk spices & herbs — net sales changed year-over-year?
McCormick & Company, Incorporated's coatings, bulk spices & herbs — net sales increased by 7.2% year-over-year, from $76.18M to $81.68M.
What is the long-term trend for McCormick & Company, Incorporated's coatings, bulk spices & herbs — net sales?
Over 4 years (2021 to 2025), McCormick & Company, Incorporated's coatings, bulk spices & herbs — net sales has grown at a -0.2% compound annual growth rate (CAGR), from $329.9M to $326.7M.
What does coatings, bulk spices & herbs — net sales mean?
This metric represents the total revenue generated from the sale of specialized food coatings, bulk spices, and herbs to industrial and commercial customers. It reflects the company's performance in the B2B flavor solutions market, capturing demand from food manufacturers and foodservice providers. Fluctuations in this figure indicate shifts in industrial ingredient procurement trends and the company's competitive standing in the bulk flavor supply chain.

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