MARKETS / NYSE / MKC
NYSE · MISCELLANEOUS FOOD PREPARATIONS & KINDRED PRODUCTS · LARGE CAP

McCORMICK & Company, Incorporated MKC

18 fiscal years on record · USD · FY2025 reported
SEC FILINGS ONLY7 YEARS OF DIVIDEND GROWTH
Revenue · FY2025
$6.8B
▲ 1.7% vs FY2024
Dividend streak
7 yrs
Raised every year since 2019
EPS · FY25
Dividend / sh · FY25
$1.83
Payout · FY25
61%
ROE · FY25
14.3%
Net margin · FY25
11.5%
Dividend coverage
1.6×
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Result
USD 6.8B
Revenue, FY2025 · full 18-year series below
Revenue Net income
24686.80.82008201120142017202020232025
24686.80.82016201920222025

12 cents of every revenue dollar became profit this year.

Per share
Diluted EPS, FY2025
EPS Dividend
0.81.62.41.832008201120142017202020232025
0.81.62.41.832016201920222025

Earnings covered the dividend 1.6 times — the rest stayed in the company.

Profitability
14.3%
Return on equity, FY2025
ROE
816243214.3%2008201120142017202020232025
816243214.3%2016201920222025
Operating margin15.7%
Net margin11.5%
Return on assets6.0%

Each USD of equity produced 14 cents of profit this year.

Returned to shareholders
USD 496.9M
returned in FY2025 · dividends + net buybacks
Dividends paidUSD 483.0M
Net buybacksUSD 13.9M
Share of profit62.9%
Consecutive raises7 years

USD 483.0M in dividends and USD 13.9M in buybacks — 63% of the year's profit went back to shareholders.

Growth
+4.1% a year
revenue, compounded over five years
CAGR
3 yrs
5 yrs
10 yrs
15 yrs
Revenue
+2.5%
+4.1%
+4.8%
+4.9%
Net income
+5.0%
+1.1%
+7.0%
+5.2%
EPS, diluted
+5.2%
+1.1%
Dividend / share
+6.9%
+7.6%
Returned to shareholders
+7.8%
+8.5%
+3.5%
+8.5%

Compound annual rates per period — left blank where the series crosses a loss.

Share base
Shares outstanding, FY2025
Change, 5 years
Change, 10 years

A share split breaks the comparison across the period, so we leave it out.

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Balance sheet
USD 13.2B
total assets, end of FY2025
Total assetsUSD 13.2B
EquityUSD 5.7B
CashUSD 95.9M
Gross debtUSD 3.6B
Net debtUSD 3.5B
Current ratio0.70×

Net debt stands at 61% of equity.

History
18 fiscal years
Every figure from documents filed with the SEC · USD
Metric
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
2011
2010
2009
2008
Revenue $B
6.8
6.7
6.7
6.4
6.3
5.6
5.3
5.3
4.7
4.4
4.3
4.2
4.1
4.0
3.7
3.3
3.2
3.2
Operating income $B
1.1
1.1
1.0
0.9
1.0
1.0
1.0
0.9
0.7
0.6
0.5
0.6
0.6
0.6
0.5
0.5
0.5
0.4
EBITDA $B
1.3
1.3
1.2
1.1
1.2
1.2
1.1
1.0
0.8
0.7
0.7
0.7
0.7
0.7
0.6
0.6
0.6
0.5
Income tax $B
0.2
0.2
0.2
0.2
0.2
0.2
0.2
−0.2
0.2
0.2
0.1
0.1
0.1
0.1
0.1
0.1
0.1
0.1
Net income $B
0.8
0.8
0.7
0.7
0.8
0.7
0.7
0.9
0.5
0.5
0.4
0.4
0.4
0.4
0.4
0.4
0.3
0.3
EPS, diluted $
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
Dividend / sh $
1.83
1.71
1.59
1.50
1.39
1.27
1.17
1.07
1.93
1.76
1.63
1.51
1.39
1.24
1.12
1.04
0.96
·
Payout %
61
57
61
58
48
44
43
29
50
46
51
44
46
40
40
37
42
44
ROE %
14.3
15.2
14.0
15.0
18.1
20.3
21.2
29.4
·
·
·
·
·
·
·
·
·
·
Shares out B
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·

Slide the table for earlier years · "·" marks figures not disclosed in the filing for that year.

How we verifyAUDITED
69 of 69
checks passed before publication
EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidity

Every figure was compared against the original statement: 0 failures and 0 presentation gaps.

What we don’t show

We’d rather say what’s missing than fill the gap with an estimate.

P/E rationeeds a market quote — not yet licensed
Market capitalizationneeds a market quote — not yet licensed
Dividend yieldneeds a market quote — not yet licensed
Price-to-bookneeds a market quote — not yet licensed