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McCormick & Company, Incorporated MKC Non-Controlling Interests

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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$14.24B-23.8%
Enterprise value$18.83B-15.4%
P/E8.8×-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:MinorityInterest.

The source filing: McCormick & Company, Incorporated’s 10-Q, filed June 25, 2026.

Filed
Jun 25, 2026, 4:37 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000063754-26-000274
Line itemMay 31,2026November 30,2025
Common stock585.1582.4
Common stock non-voting1,729.01,700.8
Retained earnings4,842.93,816.4
Accumulated other comprehensive loss(161.4)(363.1)
Total McCormick & Company shareholders’ equity6,995.65,736.5
Non-controlling interests577.731.6
Total shareholders’ equity7,573.35,768.1
Total liabilities and shareholders’ equity$16,477.1$13,200.4

Item 1F. FINANCIAL STATEMENTS

FAQ

What is McCormick & Company, Incorporated's non-controlling interests?
McCormick & Company, Incorporated (MKC) reported non-controlling interests of $577.7M in Q1 2026.
How has McCormick & Company, Incorporated's non-controlling interests changed year-over-year?
McCormick & Company, Incorporated's non-controlling interests increased by 1892.1% year-over-year, from $29M to $577.7M.
What is the long-term trend for McCormick & Company, Incorporated's non-controlling interests?
Over 5 years (2020 to 2025), McCormick & Company, Incorporated's non-controlling interests has grown at a 17.9% compound annual growth rate (CAGR), from $13.9M to $31.6M.
What does non-controlling interests mean?
Equity attributable to minority shareholders in subsidiaries not fully owned by the parent — their proportional claim on subsidiary net assets.

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