McCormick & Company, Incorporated
MKC Consumer Defensive Packaged Foods
McCormick & Company, Incorporated’s revenue for fiscal 2025 (year ended November 2025) was $6.8 billion, up 1.73% from fiscal 2024.
- Revenue
- +17.4%
- EPS
- −57.1%
- Free cash flow
- −45.6%
- Total debt
- −4.77%
Quarter to August 2026, against a year earlier
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McCormick & Company, Incorporated 10-Q filed Oct 7, 2025
What changed
Part I, Item 2, Management’s Discussion and Analysis, against the 10-Q filed Jun 26, 2025: 15 added · 9 removed · 46 modified; 11 with only figures updated
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Added · Recent Event
On August 21, 2025, we signed a definitive agreement, subject to customary closing and regulatory conditions, with Grupo Herdez to acquire an additional 25% ownership interest in McCormick de Mexico, for a purchase price of $750 million, which would increase our ownership in the joint venture to a controlling 75%. The transaction is expected to be completed early in the fiscal year ending November 30, 2026. We believe the acquisition creates opportunities for further growth in the Mexican market and provides a strategic platform for further expansion in Latin America. McCormick de Mexico is a prominent food company in Mexico, with a broad portfolio, including mayonnaise, spices, marmalades, mustard, hot sauce, and tea, sold under McCormick brands.