MKC: Mccormick & Co Inc Financial Statements
Balance sheet, income statement, and cash flow statements for Mccormick & Co Inc (MKC).
$21.04B Market Cap.
MKC Market Cap. (MRY)
MKC Shares Outstanding (MRY)
MKC Assets (MRY)
Total Assets
$13.07B
Total Liabilities
$7.75B
Total Investments
$0
MKC Income (MRY)
Revenue
$6.72B
Net Income
$714.30M
Operating Expense
$1.53B
MKC Cash Flow (MRY)
CF Operations
$921.90M
CF Investing
-$269.00M
CF Financing
-$583.10M
MKC Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total Assets | $13,070,300,000 (1.62%) | $12,862,300,000 (-2.00%) | $13,124,900,000 (1.70%) | $12,905,800,000 (6.75%) |
Assets Current | $2,139,000,000 (6.86%) | $2,001,600,000 (-16.14%) | $2,386,700,000 (8.69%) | $2,195,800,000 (5.38%) |
Assets Non-Current | $10,931,300,000 (0.65%) | $10,860,700,000 (1.14%) | $10,738,200,000 (0.26%) | $10,710,000,000 (7.03%) |
Goodwill & Intangible Assets | $8,546,400,000 (-0.82%) | $8,616,800,000 (0.19%) | $8,600,800,000 (-2.13%) | $8,788,300,000 (6.84%) |
Shareholders Equity | $5,291,000,000 (4.55%) | $5,060,700,000 (8.12%) | $4,680,500,000 (6.11%) | $4,411,000,000 (12.35%) |
Property Plant & Equipment Net | $1,413,000,000 (6.67%) | $1,324,700,000 (10.58%) | $1,198,000,000 (5.06%) | $1,140,300,000 (10.88%) |
Cash & Equivalents | $186,100,000 (11.70%) | $166,600,000 (-50.12%) | $334,000,000 (-5.03%) | $351,700,000 (-16.97%) |
Accumulated Other Comprehensive Income | -$491,200,000 (-26.40%) | -$388,600,000 (19.14%) | -$480,600,000 (-12.68%) | -$426,500,000 (9.41%) |
Deferred Revenue | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Investments | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Investments Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Investments Non-Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Inventory | $1,239,900,000 (10.07%) | $1,126,500,000 (-15.94%) | $1,340,100,000 (13.35%) | $1,182,300,000 (14.50%) |
Trade & Non-Trade Receivables | $587,400,000 (-0.02%) | $587,500,000 (2.41%) | $573,700,000 (4.40%) | $549,500,000 (3.97%) |
Trade & Non-Trade Payables | $1,238,100,000 (10.61%) | $1,119,300,000 (-4.42%) | $1,171,000,000 (10.04%) | $1,064,200,000 (3.09%) |
Accumulated Retained Earnings (Deficit) | $3,545,000,000 (9.09%) | $3,249,700,000 (7.52%) | $3,022,500,000 (8.63%) | $2,782,400,000 (15.18%) |
Tax Assets | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Tax Liabilities | $840,500,000 (-2.40%) | $861,200,000 (-0.59%) | $866,300,000 (9.34%) | $792,300,000 (8.95%) |
Total Debt | $4,341,900,000 (-1.58%) | $4,411,400,000 (-14.34%) | $5,149,600,000 (-2.52%) | $5,282,700,000 (7.71%) |
Debt Current | $748,300,000 (-30.16%) | $1,071,500,000 (-28.91%) | $1,507,300,000 (15.11%) | $1,309,400,000 (13.80%) |
Debt Non-Current | $3,593,600,000 (7.60%) | $3,339,900,000 (-8.30%) | $3,642,300,000 (-8.33%) | $3,973,300,000 (5.85%) |
Total Liabilities | $7,753,500,000 (-0.33%) | $7,778,800,000 (-7.68%) | $8,425,700,000 (-0.64%) | $8,480,300,000 (4.06%) |
Liabilities Current | $2,882,800,000 (-6.97%) | $3,098,900,000 (-9.72%) | $3,432,400,000 (6.47%) | $3,223,800,000 (5.82%) |
Liabilities Non-Current | $4,870,700,000 (4.08%) | $4,679,900,000 (-6.28%) | $4,993,300,000 (-5.01%) | $5,256,500,000 (3.00%) |
MKC Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | $6,723,700,000 (0.92%) | $6,662,200,000 (4.91%) | $6,350,500,000 (0.52%) | $6,317,900,000 (12.79%) |
Cost of Revenue | $4,132,700,000 (-0.65%) | $4,159,700,000 (2.05%) | $4,076,000,000 (6.61%) | $3,823,300,000 (15.83%) |
Selling General & Administrative Expense | $1,521,200,000 (2.90%) | $1,478,300,000 (8.93%) | $1,357,100,000 (-3.35%) | $1,404,100,000 (9.56%) |
Research & Development Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Operating Expenses | $1,530,700,000 (-0.57%) | $1,539,500,000 (9.11%) | $1,410,900,000 (-4.64%) | $1,479,500,000 (13.73%) |
Interest Expense | $209,400,000 (0.58%) | $208,200,000 (39.64%) | $149,100,000 (9.15%) | $136,600,000 (0.74%) |
Income Tax Expense | $184,000,000 (5.44%) | $174,500,000 (3.50%) | $168,600,000 (-12.51%) | $192,700,000 (10.18%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | $714,300,000 (14.43%) | $624,200,000 (-3.10%) | $644,200,000 (-8.38%) | $703,100,000 (-0.50%) |
Net Income to Non-Controlling Interests | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income | $714,300,000 (14.43%) | $624,200,000 (-3.10%) | $644,200,000 (-8.38%) | $703,100,000 (-0.50%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | $714,300,000 (14.43%) | $624,200,000 (-3.10%) | $644,200,000 (-8.38%) | $703,100,000 (-0.50%) |
Weighted Average Shares | $268,357,046 (0.01%) | $268,331,802 (0.05%) | $268,207,022 (0.33%) | $267,317,594 (0.19%) |
Weighted Average Shares Diluted | - | - | - | - |
Earning Before Interest & Taxes (EBIT) | $1,107,700,000 (10.01%) | $1,006,900,000 (4.68%) | $961,900,000 (-6.83%) | $1,032,400,000 (1.50%) |
Gross Profit | $2,591,000,000 (3.54%) | $2,502,500,000 (10.02%) | $2,274,500,000 (-8.82%) | $2,494,600,000 (8.44%) |
Operating Income | $1,060,300,000 (10.10%) | $963,000,000 (11.51%) | $863,600,000 (-14.92%) | $1,015,100,000 (1.56%) |
MKC Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Net Cash Flow from Investing | -$269,000,000 (-3.26%) | -$260,500,000 (-77.94%) | -$146,400,000 (83.89%) | -$908,600,000 (11.41%) |
Net Cash Flow from Financing | -$583,100,000 (50.76%) | -$1,184,200,000 (-143.06%) | -$487,200,000 (-2314.55%) | $22,000,000 (-90.04%) |
Net Cash Flow from Operations | $921,900,000 (-25.49%) | $1,237,300,000 (89.92%) | $651,500,000 (-21.34%) | $828,300,000 (-20.46%) |
Net Cash Flow / Change in Cash & Cash Equivalents | $19,500,000 (111.65%) | -$167,400,000 (-845.76%) | -$17,700,000 (75.38%) | -$71,900,000 (-126.81%) |
Net Cash Flow - Business Acquisitions and Disposals | $0 (0%) | $1,000,000 (-98.95%) | $95,200,000 (114.85%) | -$641,000,000 (20.17%) |
Net Cash Flow - Investment Acquisitions and Disposals | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Capital Expenditure | -$274,900,000 (-4.17%) | -$263,900,000 (-0.73%) | -$262,000,000 (5.76%) | -$278,000,000 (-23.39%) |
Issuance (Repayment) of Debt Securities | -$95,500,000 (87.05%) | -$737,400,000 (-900.54%) | -$73,700,000 (-118.62%) | $395,800,000 (-28.65%) |
Issuance (Purchase) of Equity Shares | -$35,600,000 (-86.39%) | -$19,100,000 (-834.62%) | $2,600,000 (-46.94%) | $4,900,000 (-47.31%) |
Payment of Dividends & Other Cash Distributions | -$451,000,000 (-7.77%) | -$418,500,000 (-5.50%) | -$396,700,000 (-9.19%) | -$363,300,000 (-10.06%) |
Effect of Exchange Rate Changes on Cash | -$50,300,000 (-225.75%) | $40,000,000 (212.36%) | -$35,600,000 (-161.76%) | -$13,600,000 (-143.04%) |
Share Based Compensation | $47,400,000 (-25.24%) | $63,400,000 (5.14%) | $60,300,000 (-9.46%) | $66,600,000 (44.78%) |
Depreciation Amortization & Accretion | $208,800,000 (4.77%) | $199,300,000 (-0.65%) | $200,600,000 (7.68%) | $186,300,000 (12.91%) |
MKC Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Gross Margin | 38.50% (2.39%) | 37.60% (5.03%) | 35.80% (-9.37%) | 39.50% (-3.89%) |
Profit Margin | 10.60% (12.77%) | 9.40% (-6.93%) | 10.10% (-9.01%) | 11.10% (-11.90%) |
EBITDA Margin | 19.60% (8.29%) | 18.10% (-1.09%) | 18.30% (-5.18%) | 19.30% (-8.53%) |
Return on Average Equity (ROAE) | 13.40% (7.20%) | 12.50% (-10.71%) | 14.00% (-14.11%) | 16.30% (-13.30%) |
Return on Average Assets (ROAA) | 5.50% (14.58%) | 4.80% (-4.00%) | 5.00% (-9.09%) | 5.50% (-14.06%) |
Return on Sales (ROS) | 16.50% (9.27%) | 15.10% (0.00%) | 15.10% (-7.36%) | 16.30% (-10.44%) |
Return on Invested Capital (ROIC) | 19.30% (14.20%) | 16.90% (6.96%) | 15.80% (-3.07%) | 16.30% (-12.37%) |
Dividend Yield | 2.10% (-12.50%) | 2.40% (41.18%) | 1.70% (6.25%) | 1.60% (23.08%) |
Price to Earnings Ratio (P/E) | 26.67 (4.49%) | 25.52 (-23.89%) | 33.53 (10.59%) | 30.32 (-9.18%) |
Price to Sales Ratio (P/S) | 3.13 (19.88%) | 2.61 (-27.41%) | 3.6 (-0.94%) | 3.63 (-18.46%) |
Price to Book Ratio (P/B) | 3.98 (15.71%) | 3.44 (-29.58%) | 4.88 (-6.15%) | 5.2 (-18.15%) |
Debt to Equity Ratio (D/E) | 1.47 (-4.68%) | 1.54 (-14.61%) | 1.8 (-6.40%) | 1.92 (-7.37%) |
Earnings Per Share (EPS) | 2.94 (15.75%) | 2.54 (0.00%) | 2.54 (-10.25%) | 2.83 (1.07%) |
Sales Per Share (SPS) | 25.05 (0.91%) | 24.83 (4.86%) | 23.68 (0.19%) | 23.63 (12.58%) |
Free Cash Flow Per Share (FCFPS) | 2.41 (-33.54%) | 3.63 (149.86%) | 1.45 (-29.48%) | 2.06 (-32.67%) |
Book Value Per Share (BVPS) | 19.72 (4.54%) | 18.86 (8.07%) | 17.45 (5.76%) | 16.5 (12.14%) |
Tangible Assets Book Value Per Share (TABVPS) | 16.86 (6.55%) | 15.82 (-6.20%) | 16.87 (9.51%) | 15.4 (6.36%) |
Enterprise Value Over EBIT (EV/EBIT) | 23 (4.55%) | 22 (-24.14%) | 29 (7.41%) | 27 (-3.57%) |
Enterprise Value Over EBITDA (EV/EBITDA) | 19.32 (5.82%) | 18.25 (-23.84%) | 23.97 (3.77%) | 23.1 (-5.50%) |
Asset Turnover | 0.52 (0.58%) | 0.51 (4.91%) | 0.49 (-0.81%) | 0.49 (-3.14%) |
Current Ratio | 0.74 (14.86%) | 0.65 (-7.05%) | 0.69 (2.06%) | 0.68 (-0.44%) |
Dividends | $1.68 (7.69%) | $1.56 (5.41%) | $1.48 (8.82%) | $1.36 (9.68%) |
Free Cash Flow (FCF) | $647,000,000 (-33.53%) | $973,400,000 (149.91%) | $389,500,000 (-29.22%) | $550,300,000 (-32.56%) |
Enterprise Value (EV) | $25,429,075,977 (15.49%) | $22,018,350,724 (-20.98%) | $27,863,774,134 (-1.02%) | $28,149,495,917 (-2.57%) |
Earnings Before Tax (EBT) | $898,300,000 (12.47%) | $798,700,000 (-1.73%) | $812,800,000 (-9.27%) | $895,800,000 (1.62%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | $1,316,500,000 (9.14%) | $1,206,200,000 (3.76%) | $1,162,500,000 (-4.61%) | $1,218,700,000 (3.10%) |
Invested Capital | $5,796,900,000 (7.52%) | $5,391,400,000 (-8.73%) | $5,907,300,000 (1.42%) | $5,824,700,000 (9.94%) |
Working Capital | -$743,800,000 (32.22%) | -$1,097,300,000 (-4.93%) | -$1,045,700,000 (-1.72%) | -$1,028,000,000 (-6.76%) |
Tangible Asset Value | $4,523,900,000 (6.56%) | $4,245,500,000 (-6.16%) | $4,524,100,000 (9.87%) | $4,117,500,000 (6.56%) |
Market Capitalization | $21,041,875,977 (20.96%) | $17,395,950,724 (-23.86%) | $22,845,874,134 (-0.42%) | $22,941,195,917 (-8.03%) |
Average Equity | $5,318,100,000 (6.80%) | $4,979,275,000 (7.86%) | $4,616,425,000 (6.91%) | $4,318,075,000 (14.61%) |
Average Assets | $13,038,225,000 (0.36%) | $12,991,500,000 (0.00%) | $12,991,150,000 (1.32%) | $12,821,450,000 (16.51%) |
Invested Capital Average | $5,733,725,000 (-3.99%) | $5,972,000,000 (-2.01%) | $6,094,350,000 (-3.57%) | $6,320,050,000 (15.61%) |
Shares | 268,357,046 (0.01%) | 268,331,802 (0.05%) | 268,207,022 (0.33%) | 267,317,594 (0.19%) |
