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Segments

By geography

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United States$8.02B+0.9%

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$14.13B-24.2%
Enterprise value$18.72B-15.7%
P/E8.7×-15.3×
P/S1.9×-0.8×

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:PropertyPlantAndEquipmentNet.

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
1,408.61,272.0
Prepaid expenses and other current assets339.6141.3
Total current assets2,788.82,138.1
Property, plant and equipment, net1,504.21,448.8
Goodwill6,291.95,301.3
Intangible assets, net4,937.53,293.1
Other long-term assets954.71,019.1
Total assets$16,477.1$13,200.4

Item 1F. FINANCIAL STATEMENTS

FAQ

What is McCormick & Company, Incorporated's PP&E (net)?
McCormick & Company, Incorporated (MKC) reported PP&E (net) of $1.5B in Q1 2026.
How has McCormick & Company, Incorporated's PP&E (net) changed year-over-year?
McCormick & Company, Incorporated's PP&E (net) increased by 6.1% year-over-year, from $1.42B to $1.5B.
What is the long-term trend for McCormick & Company, Incorporated's PP&E (net)?
Over 5 years (2020 to 2025), McCormick & Company, Incorporated's PP&E (net) has grown at a 7.1% compound annual growth rate (CAGR), from $1.03B to $1.45B.
What does PP&E (net) mean?
Total property, plant, and equipment minus accumulated depreciation — the net book value of all tangible long-lived assets.

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