McCormick & Company, Incorporated MKC Increase in unrecognized tax benefits

Increase in unrecognized tax benefits at other companies

Essential UtilitiesWTRG

-$78.75K-202%

Acuity BrandsAYI

-$1.2M-340%

Baxter InternationalBAX

$64.5M+5,060%

SBA CommunicationsSBAC

$89.75K+124%

PopularBPOP

——

PopularBPOP

——

Other financials

Income statement

See full

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

See full

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

See full

Operating cash flow$50.9M-55.9%

CapEx$32.5M-12.4%

Free cash flow$18.4M-76.5%

Valuation

See full

Market cap$12.54B-13.9%

Enterprise value$17.28B-7.0%

P/E7.6×-10.9×

P/S1.8×-0.4×

Profitability

See full

Gross margin37.9%-0.6pp

Operating margin15.1%-0.5pp

Net margin23.1%+11.4pp

FCF margin9.6%0.0pp

Returns & leverage

See full

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:UnrecognizedTaxBenefitsIncreasesResultingFromSettlementsWithTaxingAuthorities.

The official record: McCormick & Company, Incorporated’s 10-Q, filed March 31, 2026, on SEC EDGAR. View the filing →

Ask your AI about McCormick & Company, Incorporated's increase in unrecognized tax benefits.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is McCormick & Company, Incorporated's increase in unrecognized tax benefits?: McCormick & Company, Incorporated (MKC) reported increase in unrecognized tax benefits of $5M in Q4 2024.