McCormick Financial Statements From 2010 to 2025

MKC-V Stock  USD 76.69  0.76  0.98%   
McCormick Company financial statements provide useful quarterly and yearly information to potential McCormick Company Incorporated investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on McCormick Company financial statements helps investors assess McCormick Company's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting McCormick Company's valuation are summarized below:
Gross Profit
2.6 B
Profit Margin
0.1173
Market Capitalization
20.6 B
Enterprise Value Revenue
3.7115
Revenue
6.7 B
There are over one hundred nineteen available fundamental measures for McCormick Company, which can be analyzed over time and compared to other ratios. All traders should should check McCormick Company's latest fundamental trends against the trends from 2010 to 2025 to make sure the company is sustainable. Market Cap is likely to climb to about 16.4 B in 2025. Enterprise Value is likely to climb to about 20.6 B in 2025

McCormick Company Total Revenue

8.12 Billion

Check McCormick Company financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among McCormick Company's main balance sheet or income statement drivers, such as Depreciation And Amortization of 252.1 M, Interest Expense of 252.9 M or Total Revenue of 8.1 B, as well as many indicators such as Price To Sales Ratio of 1.45, Dividend Yield of 0.0035 or PTB Ratio of 3.69. McCormick financial statements analysis is a perfect complement when working with McCormick Company Valuation or Volatility modules.
  
Check out the analysis of McCormick Company Correlation against competitors.

McCormick Company Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets15.8 B15 B9.3 B
Slightly volatile
Short and Long Term Debt Total5.2 BB3.5 B
Slightly volatile
Other Current Liabilities1.1 BB668.9 M
Slightly volatile
Total Current Liabilities3.5 B3.3 B2.2 B
Slightly volatile
Total Stockholder Equity6.4 B6.1 B3.4 B
Slightly volatile
Property Plant And Equipment Net1.7 B1.6 B995.9 M
Slightly volatile
Net DebtB4.8 B3.3 B
Slightly volatile
Retained Earnings4.3 B4.1 B2.1 B
Slightly volatile
Cash224.7 M214 M174.5 M
Slightly volatile
Non Current Assets Total13.2 B12.6 B7.6 B
Slightly volatile
Non Currrent Assets Other1.2 B1.1 B334.3 M
Slightly volatile
Cash And Short Term Investments224.7 M214 M174.5 M
Slightly volatile
Net Receivables378.3 M675.5 M495.4 M
Slightly volatile
Common Stock Shares Outstanding233.4 M242.6 M270 M
Slightly volatile
Liabilities And Stockholders Equity15.8 B15 B9.3 B
Slightly volatile
Non Current Liabilities Total5.9 B5.6 B3.7 B
Slightly volatile
Inventory1.5 B1.4 B929.1 M
Slightly volatile
Other Current Assets151.7 M144.4 M105.9 M
Slightly volatile
Total Liabilities9.4 B8.9 B5.9 B
Slightly volatile
Total Current Assets2.6 B2.5 B1.7 B
Slightly volatile
Short Term Debt903.6 M860.5 M696.7 M
Slightly volatile
Intangible AssetsB3.8 B2.2 B
Slightly volatile
Accounts Payable1.5 B1.4 B800.9 M
Slightly volatile
Common Stock1.1 B675.7 M1.3 B
Slightly volatile
Good Will3.1 BB3.6 B
Slightly volatile
Common Stock Total Equity1.2 B2.5 B1.6 B
Slightly volatile
Property Plant And Equipment Gross3.6 B3.4 B1.6 B
Slightly volatile
Current Deferred Revenue196.5 M221 M241 M
Slightly volatile
Other Liabilities1.1 B1.4 B926.1 M
Slightly volatile
Other Assets334.4 M318.4 M167.8 M
Slightly volatile
Long Term Debt3.4 B4.1 B2.8 B
Slightly volatile
Long Term Investments378.3 M325.1 M330.9 M
Slightly volatile
Short and Long Term Debt831.1 M860.5 M625.4 M
Slightly volatile
Property Plant EquipmentB1.4 B926.4 M
Slightly volatile
Net Invested Capital9.7 B11.1 B8.6 B
Slightly volatile
Capital Stock2.2 B2.6 BB
Slightly volatile

McCormick Company Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization252.1 M240.1 M154.2 M
Slightly volatile
Interest Expense252.9 M240.8 M128.9 M
Slightly volatile
Total Revenue8.1 B7.7 B5.3 B
Slightly volatile
Gross Profit3.1 BB2.1 B
Slightly volatile
Other Operating Expenses6.8 B6.5 B4.5 B
Slightly volatile
Operating Income1.3 B1.2 B808.4 M
Slightly volatile
EBIT1.3 B1.3 B825.5 M
Slightly volatile
EBITDA1.6 B1.5 B967.3 M
Slightly volatile
Cost Of RevenueB4.8 B3.2 B
Slightly volatile
Total Operating Expenses1.8 B1.8 B1.3 B
Slightly volatile
Income Before Tax1.1 BB704.5 M
Slightly volatile
Net Income952.1 M906.8 M606.6 M
Slightly volatile
Selling General Administrative984.6 M1.7 B1.2 B
Slightly volatile
Selling And Marketing Expenses214.5 M222.4 M262.2 M
Slightly volatile
Research Development77.4 M109.1 M74 M
Slightly volatile
Net Income From Continuing Ops704.1 M906.8 M622.9 M
Slightly volatile
Net Income Applicable To Common Shares685.7 M784.3 M609.9 M
Slightly volatile
Minority Interest10.8 M12.5 M14 M
Slightly volatile
Reconciled Depreciation191.8 M240.1 M161.1 M
Slightly volatile
Interest Income55.4 M52.8 M18.5 M
Slightly volatile

McCormick Company Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Free Cash Flow1.1 B1.1 B621.4 M
Slightly volatile
Begin Period Cash Flow201.2 M191.6 M163.9 M
Slightly volatile
Depreciation252.1 M240.1 M153 M
Slightly volatile
Dividends Paid148.3 M76.8 M224.3 M
Pretty Stable
Capital Expenditures331.9 M316.1 M197.2 M
Slightly volatile
Total Cash From Operating Activities1.1 B1.1 B760.9 M
Slightly volatile
Net Income952.1 M906.8 M611.7 M
Slightly volatile
End Period Cash Flow224.7 M214 M177.6 M
Slightly volatile
Stock Based Compensation57.2 M54.5 M40.9 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.452.822.825
Slightly volatile
Dividend Yield0.00350.00360.0153
Slightly volatile
PTB Ratio3.693.585.2764
Slightly volatile
Days Sales Outstanding46.3136.6738.5058
Slightly volatile
Book Value Per Share18.7117.8212.1568
Slightly volatile
Free Cash Flow Yield0.02980.03940.0391
Slightly volatile
Operating Cash Flow Per Share3.243.092.7979
Slightly volatile
Stock Based Compensation To Revenue0.00480.00630.0063
Slightly volatile
Capex To Depreciation1.361.521.2609
Slightly volatile
PB Ratio3.693.585.2764
Slightly volatile
EV To Sales1.743.373.3824
Slightly volatile
Free Cash Flow Per Share3.243.092.2685
Slightly volatile
ROIC0.120.08870.098
Slightly volatile
Inventory Turnover4.183.833.675
Pretty Stable
Net Income Per Share2.782.642.2359
Slightly volatile
Days Of Inventory On Hand109126104
Slightly volatile
Payables Turnover7.273.844.9595
Slightly volatile
Sales General And Administrative To Revenue0.280.190.2332
Slightly volatile
Research And Ddevelopement To Revenue0.01520.01640.0141
Pretty Stable
Capex To Revenue0.03950.04560.0353
Slightly volatile
POCF Ratio14.6320.5520.4944
Slightly volatile
Interest Coverage9.065.827.831
Slightly volatile
Payout Ratio0.07240.07620.3894
Slightly volatile
Capex To Operating Cash Flow0.460.250.2588
Slightly volatile
PFCF Ratio24.9526.2627.5683
Slightly volatile
Days Payables Outstanding10398.4183.4325
Slightly volatile
Income Quality1.491.341.3119
Very volatile
ROE0.170.130.2111
Slightly volatile
EV To Operating Cash Flow17.5824.6124.4942
Slightly volatile
PE Ratio17.9224.0325.4525
Slightly volatile
Return On Tangible Assets0.10.160.1806
Pretty Stable
EV To Free Cash Flow29.8731.4532.9683
Slightly volatile
Earnings Yield0.05270.04310.0407
Slightly volatile
Intangibles To Total Assets0.620.590.5871
Slightly volatile
Net Debt To EBITDA1.82.843.0349
Slightly volatile
Current Ratio1.180.850.8836
Slightly volatile
Receivables Turnover7.110.39.6491
Slightly volatile
Graham Number34.132.4824.4649
Slightly volatile
Shareholders Equity Per Share18.6217.7412.0968
Slightly volatile
Debt To Equity0.770.741.0816
Pretty Stable
Capex Per Share0.930.880.704
Slightly volatile
Revenue Per Share23.6622.5419.548
Slightly volatile
Interest Debt Per Share16.0215.2613.1589
Slightly volatile
Debt To Assets0.260.30.3586
Very volatile
Enterprise Value Over EBITDA10.7817.2318.444
Slightly volatile
Short Term Coverage Ratios1.181.111.2267
Slightly volatile
Price Earnings Ratio17.9224.0325.4525
Slightly volatile
Operating Cycle155163142
Slightly volatile
Price Book Value Ratio3.693.585.2764
Slightly volatile
Days Of Payables Outstanding10398.4183.4325
Slightly volatile
Dividend Payout Ratio0.07240.07620.3894
Slightly volatile
Price To Operating Cash Flows Ratio14.6320.5520.4944
Slightly volatile
Price To Free Cash Flows Ratio24.9526.2627.5683
Slightly volatile
Pretax Profit Margin0.080.120.1265
Very volatile
Ebt Per Ebit0.670.760.8631
Slightly volatile
Operating Profit Margin0.0960.140.1441
Very volatile
Company Equity Multiplier2.292.222.8776
Slightly volatile
Long Term Debt To Capitalization0.320.360.4184
Pretty Stable
Total Debt To Capitalization0.380.410.4987
Pretty Stable
Return On Capital Employed0.20.120.15
Slightly volatile
Debt Equity Ratio0.770.741.0816
Pretty Stable
Ebit Per Revenue0.0960.140.1441
Very volatile
Quick Ratio0.570.360.4259
Slightly volatile
Dividend Paid And Capex Coverage Ratio13.0412.423.8332
Slightly volatile
Net Income Per E B T0.590.790.8243
Very volatile
Cash Ratio0.04460.05810.0734
Pretty Stable
Cash Conversion Cycle35.0136.8556.0111
Slightly volatile
Operating Cash Flow Sales Ratio0.0880.120.1361
Pretty Stable
Days Of Inventory Outstanding109126104
Slightly volatile
Days Of Sales Outstanding46.3136.6738.5058
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.460.710.7337
Slightly volatile
Cash Flow Coverage Ratios0.350.240.2772
Slightly volatile
Price To Book Ratio3.693.585.2764
Slightly volatile
Fixed Asset Turnover4.264.285.6384
Slightly volatile
Capital Expenditure Coverage Ratio2.624.224.1438
Pretty Stable
Price Cash Flow Ratio14.6320.5520.4944
Slightly volatile
Enterprise Value Multiple10.7817.2318.444
Slightly volatile
Debt Ratio0.260.30.3586
Very volatile
Cash Flow To Debt Ratio0.350.240.2772
Slightly volatile
Price Sales Ratio1.452.822.825
Slightly volatile
Return On Assets0.0590.05430.0726
Slightly volatile
Asset Turnover1.180.590.7358
Slightly volatile
Net Profit Margin0.0630.110.1077
Pretty Stable
Gross Profit Margin0.310.350.3899
Slightly volatile
Price Fair Value3.693.585.2764
Slightly volatile
Return On Equity0.170.130.2111
Slightly volatile

McCormick Company Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap16.4 B15.7 B16.2 B
Slightly volatile
Enterprise Value20.6 B19.6 B20.4 B
Slightly volatile

McCormick Fundamental Market Drivers

Forward Price Earnings24.2718
Cash And Short Term Investments186.1 M

About McCormick Company Financial Statements

McCormick Company investors use historical fundamental indicators, such as McCormick Company's revenue or net income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in McCormick Company. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue221 M196.5 M
Total Revenue7.7 B8.1 B
Cost Of Revenue4.8 BB
Sales General And Administrative To Revenue 0.19  0.28 
Research And Ddevelopement To Revenue 0.02  0.02 
Capex To Revenue 0.05  0.04 
Revenue Per Share 22.54  23.66 
Ebit Per Revenue 0.14  0.10 

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Additional Tools for McCormick Stock Analysis

When running McCormick Company's price analysis, check to measure McCormick Company's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy McCormick Company is operating at the current time. Most of McCormick Company's value examination focuses on studying past and present price action to predict the probability of McCormick Company's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move McCormick Company's price. Additionally, you may evaluate how the addition of McCormick Company to your portfolios can decrease your overall portfolio volatility.