McCormick & Company, Incorporated MKC
- Market cap
- $12.9B
- P/E
- 8.0×
Follow MKC
McCormick & Company, Incorporated (MKC) Free cash flow margin
McCormick & Company, Incorporated's free cash flow margin over the twelve months to 31 May 2026 was 13.8%, up 3.0 percentage points from fiscal 2025 (10.8%). Over the past ten years it has ranged from 6.35% (fiscal 2022) to 14.6% (fiscal 2023); the current reading is higher than 45% of that period. That is above the Packaged Foods industry median of 2.56% and above the Consumer Defensive sector median of 1.66%.
Free cash flow margin, annual
Annual
| Period | Free cash flow margin | Change (points) |
|---|---|---|
| FY2025 | 10.8% | 1.20 |
| FY2024 | 9.62% | (4.99) |
| FY2023 | 14.6% | 8.26 |
| FY2022 | 6.35% | (2.36) |
| FY2021 | 8.71% | (5.86) |
| FY2020 | 14.6% | 0.11 |
| FY2019 | 14.5% | 2.16 |
| FY2018 | 12.3% | (1.08) |
| FY2017 | 13.4% | 1.91 |
| FY2016 | 11.5% | 0.72 |
Against its own ten years
Free cash flow margin against peers
| Company | Free cash flow margin |
|---|---|
| SJM The J. M. Smucker Company compare | 17.4% |
| MKC McCormick & Company, Incorporated | 13.8% |
| DAR Darling Ingredients Inc. compare | 13.7% |
| CAG Conagra Brands compare | 9.02% |
| GIS General Mills, Inc. compare | 8.46% |
| HRL Hormel Foods Corporation compare | 6.45% |
| SFD Smithfield Foods, Inc. compare | 5.31% |
| JBS JBS N.V. compare | 0.60% |
| MICC The Magnum Ice Cream Company N.V. compare | — |
| Packaged Foods industry median | 2.56% |
| Consumer Defensive sector median | 1.66% |
| Market median | 0.00% |
What Free cash flow margin is
Free Cash Flow Margin tells an investor how much of each sale turns into cash the company keeps after paying for investment in its assets.
(Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)) ÷ Revenue
More on MKC
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement