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. In the quarter to August 2026, revenue grew 17.4%, EPS fell 53.8%, free cash flow fell 45.6% and total debt fell 4.77%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years, revenue growth for ten; insiders bought in the last twelve months.

46.35 0.64 +1.40%
Market cap
$12.3B
P/E
8.3×
Fwd P/E
15.7×
Dividend yield
4.14%
F-score
6/9
Altman Z
2.57
Beneish M
−2.48
Dividend safety
59/100

McCormick & Company, Incorporated (MKC) Return on invested capital

Alert me on Return on invested capital

McCormick & Company, Incorporated's return on invested capital over the twelve months to 31 August 2026 was 5.90%, down 1.3 percentage points from fiscal 2025 (7.21%). Over the past ten years it has ranged from 6.11% (fiscal 2017) to 15.6% (fiscal 2016); the current reading is higher than 45% of that period. That is above the Packaged Foods industry median of 0.00% and above the Consumer Defensive sector median of 0.22%.

Return on invested capital, annual

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Annual newest first

Period Return on invested capital Change (points)
FY2025 7.21% (0.16)
FY2024 7.37% 0.72
FY2023 6.65% 0.13
FY2022 6.52% (0.68)
FY2021 7.20% (1.09)
FY2020 8.29% (0.23)
FY2019 8.52% 0.81
FY2018 7.71% 1.60
FY2017 6.11% (9.44)
FY2016 15.6% 3.44

Against its own ten years

Low 6.11% High 15.6%
Ten-year median 7.37%
Current reading's percentile 45

Return on invested capital against peers

Company Return on invested capital
SFD Smithfield Foods, Inc. compare 10.9%
JBS JBS N.V. compare 6.89%
DAR Darling Ingredients Inc. compare 6.55%
MKC McCormick & Company, Incorporated 5.90%
LW Lamb Weston compare 5.80%
SJM The J. M. Smucker Company compare 4.15%
HRL Hormel Foods Corporation compare 3.64%
MICC The Magnum Ice Cream Company N.V. compare 0.00%
GIS General Mills, Inc. compare −0.63%
Packaged Foods industry median 0.00%
Consumer Defensive sector median 0.22%
Market median 0.00%

What Return on invested capital is

Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.

TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)

The full definition of Return on invested capital →

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