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McCormick & Company, Incorporated MKC Effective Income Tax Rate Reconciliation, Percent

Effective Income Tax Rate Reconciliation, Percent at other companies

Caterpillar logo
CaterpillarCAT
1.8%+0.5pp
RBC Bearings logo
RBC BearingsRBC
0%
RBC Bearings logo
RBC BearingsRBC
$0
SBA Communications logo
SBA CommunicationsSBAC
2.2%
SBA Communications logo
SBA CommunicationsSBAC
1.5%
RBC Bearings logo
RBC BearingsRBC
-$250K

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:EffectiveIncomeTaxRateContinuingOperations.

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 effective income tax rate reconciliation, percent?
McCormick & Company, Incorporated (MKC) reported effective income tax rate reconciliation, percent of $0.21 in Q3 2025.
How has McCormick & Company, Incorporated's effective income tax rate reconciliation, percent changed year-over-year?
McCormick & Company, Incorporated's effective income tax rate reconciliation, percent increased by 4.4% year-over-year, from $0.21 to $0.21.
What is the long-term trend for McCormick & Company, Incorporated's effective income tax rate reconciliation, percent?
Over 4 years (2021 to 2025), McCormick & Company, Incorporated's effective income tax rate reconciliation, percent has grown at a -0.1% compound annual growth rate (CAGR), from $0.38 to $0.37.
What does effective income tax rate reconciliation, percent mean?
The actual percentage of pre-tax income paid as income tax from continuing operations.
How do you interpret effective income tax rate reconciliation, percent?
Lower rates generally indicate higher tax efficiency, though they must be evaluated against statutory requirements.
How does effective income tax rate reconciliation, percent compare across companies?
Standard financial metric reported by all public companies to show tax burden relative to earnings.