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McCormick & Company, Incorporated MKC Net Periodic Defined Benefits Expense Reversal Of Expense Excluding Service Cost Component

Net Periodic Defined Benefits Expense Reversal Of Expense Excluding Service Cost Component at other companies

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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:NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent.

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 net periodic defined benefits expense reversal of expense excluding service cost component?
McCormick & Company, Incorporated (MKC) reported net periodic defined benefits expense reversal of expense excluding service cost component of $1.2M in Q3 2025.
How has McCormick & Company, Incorporated's net periodic defined benefits expense reversal of expense excluding service cost component changed year-over-year?
McCormick & Company, Incorporated's net periodic defined benefits expense reversal of expense excluding service cost component decreased by 42.9% year-over-year, from $2.1M to $1.2M.
What is the long-term trend for McCormick & Company, Incorporated's net periodic defined benefits expense reversal of expense excluding service cost component?
Over 4 years (2021 to 2025), McCormick & Company, Incorporated's net periodic defined benefits expense reversal of expense excluding service cost component has grown at a -6.9% compound annual growth rate (CAGR), from $6.4M to $4.8M.
What does net periodic defined benefits expense reversal of expense excluding service cost component mean?
The financial impact of pension and benefit plan adjustments excluding current service costs.
How do you interpret net periodic defined benefits expense reversal of expense excluding service cost component?
A reversal (income) improves net income, while an expense reduces it; trends reflect the health and funding status of benefit plans.
How does net periodic defined benefits expense reversal of expense excluding service cost component compare across companies?
Standard disclosure for mature companies with legacy defined benefit pension obligations.