McCormick & Company, Incorporated
Profit after direct costs
Core business profitability
Bottom line profitability
Top line growth rate
Flow of revenue through cost categories to net income
| Item | Trend | 2021 | 2022 | 2023 | 2024 | 2025 | YoY Change |
|---|---|---|---|---|---|---|---|
Total Revenue | 6.32B | 6.35B | 6.66B | 6.72B | 6.84B | 1.7% | |
| Cost of Revenue | (3.82B) | (4.08B) | (4.16B) | (4.13B) | (4.25B) | 2.8% | |
Gross Profit | 2.49B | 2.27B | 2.50B | 2.59B | 2.59B | 0.0% | |
| Operating Expenses | |||||||
| Research & Development | (87.30M) | — | — | — | — | — | |
| Selling, General & Administrative | (1.40B) | (1.36B) | (1.48B) | (1.52B) | (1.50B) | -1.4% | |
| Depreciation & Amortization | (186.30M) | (200.60M) | (199.30M) | (208.80M) | (231.30M) | 10.8% | |
Operating Income (EBIT) | 1.02B | 863.60M | 963.00M | 1.06B | 1.09B | 3.0% | |
| Non-Operating Items | |||||||
| Interest Income | 9.30M | 17.80M | 36.60M | 45.90M | — | -100.0% | |
| Interest Expense | (136.60M) | (149.10M) | (208.20M) | (209.40M) | (196.20M) | -6.3% | |
| Other Income/Expenses (Net) | -67.10M | -13.00M | -107.90M | -87.80M | -106.70M | 21.5% | |
Income Before Tax | 948.00M | 850.60M | 855.10M | 972.50M | 985.20M | 1.3% | |
| Income Tax Expense | (192.70M) | (168.60M) | (174.50M) | (184.00M) | (195.80M) | 6.4% | |
Net Income | 755.30M | 682.00M | 680.60M | 788.50M | 789.40M | 0.1% | |
| Per Share Metrics | |||||||
| Earnings Per Share (Basic) | $3 | $3 | $3 | $3 | $3 | 0.0% | |
| Weighted Avg Shares Outstanding | 267.30M | 268.20M | 268.40M | 268.50M | 268.60M | 0.0% | |
| Weighted Avg Shares Outstanding (Diluted) | 269.90M | 270.20M | 269.80M | 269.60M | 269.30M | -0.1% | |
EBITDA | 1.22B | 1.16B | 1.21B | 1.32B | 1.34B | 1.8% |
Explore MKC
MKC in the Consumer Defensive
Large Cap