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McCormick & Company, Incorporated MKC Deferred Gain (Loss) on Discontinuation of Interest Rate Fair Value Hedge

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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$14.06B-24.6%
Enterprise value$18.65B-16.0%
P/E8.7×-15.3×
P/S1.9×-0.9×

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:DeferredGainLossOnDiscontinuationOfInterestRateFairValueHedge.

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
Foreign currency translation adjustment(1)$(100.7)$(269.9)
Unrealized net gain (loss) on cash flow hedges(2)30.6(3.2)
Unamortized value of settled interest rate swaps(1.0)(1.1)
Pension and other postretirement costs(90.3)(88.9)
Accumulated other comprehensive loss attributable to McCormick$(161.4)$(363.1)

Item 1F. FINANCIAL STATEMENTS

FAQ

What is McCormick & Company, Incorporated's deferred gain (loss) on discontinuation of interest rate fair value hedge?
McCormick & Company, Incorporated (MKC) reported deferred gain (loss) on discontinuation of interest rate fair value hedge of $1M in Q1 2026.
How has McCormick & Company, Incorporated's deferred gain (loss) on discontinuation of interest rate fair value hedge changed year-over-year?
McCormick & Company, Incorporated's deferred gain (loss) on discontinuation of interest rate fair value hedge decreased by 23.1% year-over-year, from $1.3M to $1M.
What is the long-term trend for McCormick & Company, Incorporated's deferred gain (loss) on discontinuation of interest rate fair value hedge?
Over 5 years (2020 to 2025), McCormick & Company, Incorporated's deferred gain (loss) on discontinuation of interest rate fair value hedge has grown at a 61.5% compound annual growth rate (CAGR), from $100K to $1.1M.

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