← MCCORMICK & CO INC
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $4.4b |
$4.8b
+9.58%
|
$5.4b
+11.89%
|
$5.3b
-1.14%
|
$5.6b
+4.75%
|
$6.3b
+12.79%
|
$6.4b
+0.52%
|
$6.7b
+4.91%
|
$6.7b
+0.92%
|
$6.8b
+1.73%
|
$7.4b
+7.97%
|
|
| Cost of Revenue | $2.6b |
$2.8b
+9.46%
|
$3.0b
+7.56%
|
$3.2b
+5.43%
|
$3.3b
+3.09%
|
$3.8b
+15.83%
|
$4.1b
+6.61%
|
$4.2b
+2.05%
|
$4.1b
-0.65%
|
$4.2b
+2.79%
|
$4.5b
+6.71%
|
|
| Gross Profit | $1.8b |
$2.0b
+9.75%
|
$2.4b
+17.98%
|
$2.1b
-9.54%
|
$2.3b
+7.23%
|
$2.5b
+8.44%
|
$2.3b
-8.82%
|
$2.5b
+10.02%
|
$2.6b
+3.54%
|
$2.6b
+0.05%
|
$2.9b
+10.04%
|
|
| Research and Development Expense | $61.0m | $66.1m | $69.4m | $67.3m | $68.6m | $87.3m | $87.5m | $94.9m | $102.9m | $106.1m | — | |
| Selling, General and Administrative Expense | $1.2b | $1.2b | $1.4b | $1.2b | $1.3b | $1.4b | $1.4b | $1.5b | $1.5b | $1.5b | $1.7b | |
| Marketing and Advertising Expense | — | — | $324.8m | $214.6m | $230.3m | $237.8m | $240.4m | $247.1m | $265.0m | $276.7m | — | |
| Amortization of Intangible Assets | $11.3m | $16.3m | $20.6m | $20.3m | $20.2m | $35.6m | $35.1m | $34.9m | $35.0m | $35.2m | — | |
| Operating Income (Loss) | $641.0m |
$702.4m
+9.58%
|
$903.3m
+28.60%
|
$957.7m
+6.02%
|
$999.5m
+4.36%
|
$1.0b
+1.56%
|
$863.6m
-14.92%
|
$963.0m
+11.51%
|
$1.1b
+10.10%
|
$1.1b
+0.99%
|
$1.2b
+11.79%
|
|
| Interest Expense | $56.0m | $95.7m | $174.6m | $165.2m | $135.6m | $136.6m | $149.1m | $208.2m | $209.4m | $196.2m | $206.7m | |
| Interest Income, Other | — | — | — | $10.1m | $7.8m | $9.3m | $17.8m | $36.6m | $45.9m | $40.1m | $40.1m | |
| Foreign Currency Transaction Gain (Loss), before Tax | $0 | $1.7m | — | — | — | — | — | — | — | — | — | |
| Other Nonoperating Income (Expense) | $4.2m | $3.5m | $12.6m | $26.7m | $17.6m | $17.3m | $98.3m | $43.9m | $47.4m | $38.4m | — | |
| Income (Loss) from Equity Method Investments | $36.1m | $33.9m | $34.8m | $40.9m | $40.8m | $52.2m | $37.8m | $56.4m | $74.2m | $72.2m | — | |
| Other Income | — | — | — | ($1.1m) | ($200k) | $1.6m | $2.6m | ($2.2m) | ($6.9m) | ($6.5m) | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | $383.3m | $382.1m | $492.2m | $569.0m | $624.3m | $588.1m | $600.7m | $569.6m | $634.8m | $620.4m | $927.1m | |
| Current Income Tax Expense (Benefit) | $193.0m | $127.2m | $182.6m | $136.5m | $186.1m | $156.7m | $146.8m | $179.9m | $214.3m | $202.3m | $217.1m | |
| Income Tax Expense (Benefit) | $153.0m | $151.3m | ($157.3m) | $157.4m | $174.9m | $192.7m | $168.6m | $174.5m | $184.0m | $195.8m | $217.1m | |
| Net Income (Loss) Attributable to Parent | $472.3m |
$477.4m
+1.08%
|
$933.4m
+95.52%
|
$702.7m
-24.72%
|
$747.4m
+6.36%
|
$755.3m
+1.06%
|
$682.0m
-9.70%
|
$680.6m
-0.21%
|
$788.5m
+15.85%
|
$789.4m
+0.11%
|
$1.6b
+105.02%
|
|
| Net Income (Loss) Attributable to Noncontrolling Interest | $1.3m | ($1.6m) | ($3.3m) | ($1.9m) | ($4.3m) | ($8.0m) | ($6.2m) | ($5.5m) | ($7.5m) | ($6.1m) | $1.6b | |
| Earnings Per Share, Basic | $1.86 | $1.89 | $3.55 | $2.65 | $2.80 | $2.83 | $2.54 | $2.54 | $2.94 | $2.94 | $6.02 | |
| Earnings Per Share, Diluted | $1.84 | $1.86 | $3.50 | $2.62 | $2.78 | $2.80 | $2.52 | $2.52 | $2.92 | $2.93 | $6.01 | |
| Common Stock, Dividends, Per Share, Declared | $0.88 | $0.96 | $1.06 | $1.17 | $1.27 | $1.39 | $1.50 | $1.59 | $1.71 | $1.83 | — | |
| Weighted Average Number of Shares Outstanding, Basic | 253.2m | 253.6m | 263.0m | 265.2m | 266.5m | 267.3m | 268.2m | 268.4m | 268.5m | 268.5m | 268.8m | |
| Weighted Average Number of Shares Outstanding, Diluted | 256.0m | 256.8m | 266.4m | 268.2m | 269.1m | 269.9m | 270.2m | 269.8m | 269.6m | 269.4m | 269.3m | |
| Additional Financial Items | ||||||||||||
| Business Combination, Acquisition Related Costs | — | $40.8m | $22.5m | $0 | $12.4m | $29.0m | $2.2m | $0 | $0 | — | — | |
| Capitalized Computer Software, Amortization | $17.1m | $14.5m | $14.0m | $13.7m | $12.4m | $12.6m | $18.9m | $19.1m | $21.9m | $24.3m | — | |
| Net Periodic Defined Benefits Expense (Reversal of Expense), Excluding Service Cost Component | — | — | — | — | — | $6.4m | $9.6m | $10.7m | $8.4m | $4.8m | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.