MKCMcCormick & Company
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
What the 10-K filed 2026-01-22 says about risks that are not on the face of the balance sheet, from the notes to the financial statements, Legal Proceedings and the MD&A (and, for big customers and key suppliers, Business and Risk Factors). Tickdelta picks sentences with specifics (amounts, accruals, covenant ratios) and quotes them as filed. New marks a sentence with nothing like it in the 10-K filed 2025-01-23.
Big customers
Customers the company names as a large share of revenue or receivables (it must name any worth 10% of revenue).
“Sales to one of our Consumer segment customers, Wal-Mart Stores, Inc., accounted for approximately 12% of consolidated sales in 2025, 2024, and 2023.”
Read it in the 10-K ↗
“Sales to one of our Flavor Solutions segment customers, PepsiCo, Inc., accounted for approximately 12%, 13%, and 13% of consolidated sales in 2025, 2024, and 2023, respectively.”
Read it in the 10-K ↗
Key suppliers
Parts or manufacturing that depend on one or a few suppliers.
No specific sentence about this in the 10-K.
Lawsuits and legal claims
Pending cases, settlements and what the company has set aside for them.
No specific sentence about this in the 10-K.
Guarantees and indemnities
Promises to pay someone else's debts or losses if they cannot.
“The lease arrangement contains a residual value guarantee of 76.5% of the lessor’s total construction cost, which approximated $310 million.”
Read it in the 10-K ↗
Debt covenants
Conditions in loan agreements that, if broken, can make debt due early.
No specific sentence about this in the 10-K.
Commitments off the balance sheet
Contracts the company must pay for later: purchase obligations, take-or-pay deals.
No specific sentence about this in the 10-K.
Sentences are chosen by their words, not read by AI, so some can be off topic. Always check the filing. Open the 10-K ↗
Work on MKC in a spreadsheet:
Excel workbook (a sheet per section, ten years by column, charts, links to the filings) ·
CSV.
For a Google Sheet that stays up to date, paste =IMPORTDATA("https://tickdelta.com/company/MKC/export.csv") into a cell.