MKCMcCormick & Company

Consumer staples · Packaged Foods · NYSE

McCormick is a global leader in flavor. We manufacture, market, and distribute herbs, spices, seasoning mixes, condiments, and other flavorful products to the entire food and beverage industry: retailers, food manufacturers, and foodservice businesses. 10-K, Item 1

Employees: 14,100
Headquarters: Hunt Valley, MD
CEO: Brendan M. Foley
Next results: around Jan 21, 2027

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Key numbers

Latest fiscal year, with ten years behind each

RevenueFY2016–25 $6.8B+1.7% Highest in 10 years 10-K FY2025 · XBRL Net incomeFY2016–25 $789.4M+0.1% FY2024: $788.5M 10-K FY2025 · XBRL Free cash flowFY2016–25 $740.4M+14.4% FY2024: $647.0M 10-K FY2025 · XBRL Operating marginFY2016–25 15.7%−0.1 pts 14.5% in FY2016 10-K FY2025 · XBRL

What changed

10-K filed Jan 22, 2026 against Jan 23, 2025

Area	What changed	Source
Risk factors	5 new paragraphs, nothing like them in the previous 10-K	10-K Item 1A
Auditor change	8-K item 4.01 (change in certifying accountant) filed 2026-09-28	10-K · XBRL
Accounting checks	10 other checks clear, 1 worth a look	10-K · XBRL
Insiders	1 open-market buy in the last 90 days	Form 4
Filings	0 in the last 30 days	EDGAR

Each row opens the detail with the quote and the filing. A row is a change worth reading, not a verdict.

What's new, in their words

10-K filed Jan 22, 2026

Paragraphs in Risk Factors that were not in the 10-K filed 2025-01-23. Quoted as filed.

Changes in global trade policies, including tariffs, have caused inflationary pressures and higher costs on certain raw materials and imports. These actions have impacted our business through increased costs and uncertainty. If maintained, the tariffs, as well as related measures that have been taken and which could be taken by other…
10-K, Item 1A

All 5 new paragraphs →

Accounting checks

latest 10-K

10 of 11 clear 1 worth a look. Checks, not verdicts.

!
Auditor change8-K item 4.01 (change in certifying accountant) filed 2026-09-28
✓
Receivables +7.1% vs revenue +1.7% (+5.3 pts)
✓
Cash from operations $962.2M vs net income $789.4M (FY ending 2025-11-30)
✓
Inventory +2.6% vs revenue +1.7% (+0.9 pts)
✓
No statement of substantial doubt about going concern
✓
No 8-K item 4.02 in the last 2 years
✓
No NT 10-K or NT 10-Q in the last 2 years
✓
The same matters as last year: Valuation of Indefinite-lived Intangible Assets
✓
No sentence in the 10-K concludes that controls were not effective because of a material weakness
✓
No 8-K item 2.06 in the last 2 years
✓
No 8-K item 1.03 in the last 2 years

How each check works, with sources →

In the last 30 days

All filings →

Nothing new. The most recent filings:

Oct 5, 2026Buy Hattersley Gavin (Director) bought $45K open-market purchase on Oct 2, 2026
Oct 1, 20268-K Quarterly results 8-K item 2.02
Oct 1, 202610-Q Quarterly report (10-Q) period ended Aug 31, 2026
Sep 28, 2026Auditor Auditor change 8-K item 4.01

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