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McCormick & Company, Incorporated MKC Foreign currency translation

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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 mkc:UnrecognizedTaxBenefitsChangesResultingFromEffectsOfForeignCurrencyTranslations.

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 foreign currency translation?
McCormick & Company, Incorporated (MKC) reported foreign currency translation of $25K in Q3 2025.
How has McCormick & Company, Incorporated's foreign currency translation changed year-over-year?
McCormick & Company, Incorporated's foreign currency translation increased by 200.0% year-over-year, from -$25K to $25K.
What is the long-term trend for McCormick & Company, Incorporated's foreign currency translation?
Over 4 years (2021 to 2025), McCormick & Company, Incorporated's foreign currency translation has grown at a -29.3% compound annual growth rate (CAGR), from $400K to $100K.
What does foreign currency translation mean?
Changes in the value of uncertain tax liabilities due to foreign currency exchange rate fluctuations.
How do you interpret foreign currency translation?
This is generally a mechanical adjustment and does not signal changes in tax strategy or risk profile.
How does foreign currency translation compare across companies?
Standard disclosure in the uncertain tax positions (UTP) rollforward table for multinational firms.