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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%
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$13B-33.7%
Enterprise value$17.59B-23.5%
P/E-17.6×
P/S1.8×-1.0×

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:NetIncomeLoss.

The official record: McCormick & Company, Incorporated’s 10-Q, filed June 25, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is McCormick & Company, Incorporated's net income?
McCormick & Company, Incorporated (MKC) reported net income of $150.1M in Q1 2026.
How has McCormick & Company, Incorporated's net income changed year-over-year?
McCormick & Company, Incorporated's net income decreased by 14.2% year-over-year, from $175M to $150.1M.
What is the long-term trend for McCormick & Company, Incorporated's net income?
Over 4 years (2021 to 2025), McCormick & Company, Incorporated's net income has grown at a 1.1% compound annual growth rate (CAGR), from $755.3M to $789.4M.
What does net income mean?
The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.