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McCormick & Company, Incorporated MKC Software amortization expense

Software amortization expense at other companies

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$14.5M-3.3%
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$6.76M-2.8%
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$5.62M+4.6%
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$6.43M+2.7%
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$6.86M+9.5%
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$6.83M+22.4%

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:CapitalizedComputerSoftwareAmortization1.

The official record: McCormick & Company, Incorporated’s 10-K, filed January 22, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is McCormick & Company, Incorporated's software amortization expense?
McCormick & Company, Incorporated (MKC) reported software amortization expense of $6.08M in Q3 2025.
How has McCormick & Company, Incorporated's software amortization expense changed year-over-year?
McCormick & Company, Incorporated's software amortization expense increased by 11.0% year-over-year, from $5.48M to $6.08M.
What is the long-term trend for McCormick & Company, Incorporated's software amortization expense?
Over 4 years (2021 to 2025), McCormick & Company, Incorporated's software amortization expense has grown at a 17.8% compound annual growth rate (CAGR), from $12.6M to $24.3M.
What does software amortization expense mean?
The annual cost of writing off investments in internal software systems.
How do you interpret software amortization expense?
Increasing amortization indicates higher historical investment in digital transformation, while stable levels suggest consistent IT infrastructure maintenance.
How does software amortization expense compare across companies?
Common in companies with significant investments in ERP and supply chain management software.