McCormick & Company (MKC) Stock Buyback History
TTM buyback yield 0.27% · Shareholder yield (TTM) 0.27%.
TTM buyback yield
0.27%
Shareholder yield (TTM)
0.27%
5Y share count change
0.1%
TTM buyback spend
$52.30M
SBC coverage (TTM)
1.12x
YoY change in spend
-34.5%
5Y CAGR of spend
-6.0%
Peak year (2014)
$244.30M
Cumulative spend
$3.13B
TTM metrics calculated from the four most recent reported quarters, ending (reported ).
Key takeaways
- McCormick & Company (MKC) repurchased about $52.30M of stock over the trailing twelve months.
- Diluted share count is roughly flat (0.1%) over the last ~5 fiscal years — buybacks are offsetting dilution but not shrinking the float.
- TTM buyback ÷ stock-based-comp ratio of 1.12× — repurchases more than cover SBC dilution.
- Cash buyback spend has compounded at -6.0% per year over the latest 5-year window.
- TTM repurchases used about 11% of free cash flow remaining after dividends.
Buyback context per fiscal year
Annual repurchases alongside stock-based compensation, diluted share count and the year-over-year change — useful for SBC-coverage and dilution-offset reading at a glance.
| Year | Buybacks | SBC | Net | Shares (dil.) | YoY shares | Buyback yield |
|---|---|---|---|---|---|---|
| 2025 | $34.80M | $46.20M | −$11.40M | 0.27B | -0.1% | 0.20% |
| 2024 | $53.10M | $47.40M | $5.70M | 0.27B | -0.1% | 0.25% |
| 2023 | $35.70M | $63.40M | −$27.70M | 0.27B | -0.1% | 0.21% |
| 2022 | $38.80M | $60.30M | −$21.50M | 0.27B | 0.1% | 0.17% |
| 2021 | $8.60M | $66.60M | −$58.00M | 0.27B | 0.3% | 0.04% |
| 2020 | $47.30M | $46.00M | $1.30M | 0.27B | 0.3% | 0.19% |
| 2019 | $95.10M | $37.20M | $57.90M | 0.27B | 0.6% | 0.42% |
| 2018 | $62.30M | $25.60M | $36.70M | 0.27B | 3.8% | 0.31% |
| 2017 | $137.80M | $23.90M | $113.90M | 0.26B | 0.3% | 1.03% |
| 2016 | $242.70M | $25.60M | $217.10M | 0.26B | -0.9% | 2.12% |
| 2015 | $145.80M | $18.70M | $127.10M | 0.26B | -1.4% | 1.33% |
| 2014 | $244.30M | $18.20M | $226.10M | 0.26B | -1.9% | 2.57% |
| 2013 | $177.40M | $18.70M | $158.70M | 0.27B | -0.5% | 1.96% |
| 2012 | $132.20M | $20.20M | $112.00M | 0.27B | 0.0% | 1.55% |
| 2011 | $89.30M | $13.00M | $76.30M | 0.27B | -0.3% | 1.38% |
| 2010 | $82.50M | $11.90M | $70.60M | 0.27B | 1.8% | 1.41% |
| 2009 | $0.00 | $12.70M | −$12.70M | 0.26B | 0.4% | — |
| 2008 | $11.00M | $0.00 | $11.00M | 0.26B | -0.9% | 0.29% |
| 2007 | $157.00M | $0.00 | $157.00M | 0.27B | -1.3% | 3.22% |
| 2006 | $155.90M | $0.00 | $155.90M | 0.27B | -2.1% | 3.09% |
| 2005 | $185.60M | $0.00 | $185.60M | 0.28B | -2.4% | 4.48% |
| 2004 | $173.80M | $0.00 | $173.80M | 0.28B | -0.9% | 3.54% |
| 2003 | $120.60M | $0.00 | $120.60M | 0.28B | -0.2% | 3.03% |
| 2002 | $6.80M | $0.00 | $6.80M | 0.29B | 1.9% | 0.21% |
| 2001 | $11.90M | $0.00 | $11.90M | 0.28B | 0.8% | 0.40% |
| 2000 | $72.30M | $0.00 | $72.30M | 0.28B | -3.9% | — |
| 1999 | $81.00M | $0.00 | $81.00M | 0.29B | -1.9% | — |
| 1998 | $63.00M | $0.00 | $63.00M | 0.29B | 15.3% | — |
| 1997 | $111.20M | $0.00 | $111.20M | 0.26B | -18.4% | — |
| 1996 | $74.70M | $0.00 | $74.70M | 0.31B | — | — |
| 1995 | $16.30M | $0.00 | $16.30M | — | — | — |
| 1994 | $11.00M | $0.00 | $11.00M | — | — | — |
| 1993 | $26.40M | $0.00 | $26.40M | — | — | — |
| 1992 | $31.30M | $0.00 | $31.30M | — | — | — |
| 1991 | $57.70M | $0.00 | $57.70M | — | — | — |
| 1990 | $60.00M | $0.00 | $60.00M | — | — | — |
| 1989 | $77.20M | $0.00 | $77.20M | — | — | — |
Cash buyback spend (USD) — annual & quarterly history
Trailing-twelve-month and per-period cash repurchases for McCormick & Company (MKC) from the consolidated cash flow statement (line: common stock repurchased), in USD as filed.
Cash buyback spend over time for McCormick & Company (MKC)
Per-period cash repurchases
Cash buyback spend annual + quarterly history for McCormick & Company (MKC)
| Fiscal year | Period ended | Reported | Buyback Spend | YoY | YoY change |
|---|---|---|---|---|---|
| 2025 | $34.80M | -34.5% | -$18.30M | ||
| 2024 | $53.10M | +48.7% | +$17.40M | ||
| 2023 | $35.70M | -8.0% | -$3.10M | ||
| 2022 | $38.80M | +351.2% | +$30.20M | ||
| 2021 | $8.60M | -81.8% | -$38.70M | ||
| 2020 | $47.30M | -50.3% | -$47.80M | ||
| 2019 | $95.10M | +52.6% | +$32.80M | ||
| 2018 | $62.30M | -54.8% | -$75.50M | ||
| 2017 | $137.80M | -43.2% | -$104.90M | ||
| 2016 | $242.70M | +66.5% | +$96.90M | ||
| 2015 | $145.80M | -40.3% | -$98.50M | ||
| 2014 | $244.30M | +37.7% | +$66.90M | ||
| 2013 | $177.40M | +34.2% | +$45.20M | ||
| 2012 | $132.20M | +48.0% | +$42.90M | ||
| 2011 | $89.30M | +8.2% | +$6.80M | ||
| 2010 | $82.50M | — | +$82.50M | ||
| 2009 | $0 | -100.0% | -$11.00M | ||
| 2008 | $11.00M | -93.0% | -$146.00M | ||
| 2007 | $157.00M | +0.7% | +$1.10M | ||
| 2006 | $155.90M | -16.0% | -$29.70M | ||
| 2005 | $185.60M | +6.8% | +$11.80M | ||
| 2004 | $173.80M | +44.1% | +$53.20M | ||
| 2003 | $120.60M | +1673.5% | +$113.80M | ||
| 2002 | $6.80M | -42.9% | -$5.10M | ||
| 2001 | $11.90M | -83.5% | -$60.40M | ||
| 2000 | $72.30M | -10.7% | -$8.70M | ||
| 1999 | $81.00M | +28.6% | +$18.00M | ||
| 1998 | $63.00M | -43.3% | -$48.20M | ||
| 1997 | $111.20M | +48.9% | +$36.50M | ||
| 1996 | $74.70M | +358.3% | +$58.40M | ||
| 1995 | $16.30M | +48.2% | +$5.30M | ||
| 1994 | $11.00M | -58.3% | -$15.40M | ||
| 1993 | $26.40M | -15.7% | -$4.90M | ||
| 1992 | $31.30M | -45.8% | -$26.40M | ||
| 1991 | $57.70M | -3.8% | -$2.30M | ||
| 1990 | $60.00M | -22.3% | -$17.20M | ||
| 1989 | $77.20M | — | — |
McCormick & Company (MKC) most recent annual buyback spend stands at $34.80M (2025) – plunged 34.5% year-over-year.
McCormick & Company buyback spend compound annual growth for the 2020–2025 (5 years) window is -6.0%, with a net decline across the window.
Between 2014 and 2025, McCormick & Company buyback spend plunged 85.8%, falling from $244.30M to $34.80M.
$244.30M stands as the all-time-high annual buyback spend, posted in 2014, against a low of $0 during 2009.
Among 8 Consumer Defensive peers, McCormick & Company (MKC) ranks 8th; the peer median for buyback spend is $951.50M.
McCormick & Company Buyback Spend 2025: $34.80M
McCormick & Company buyback spend in 2025 was $34.80M, plunged 34.5% below 2024.
McCormick & Company Buyback Spend 2024: $53.10M
McCormick & Company buyback spend in 2024 was $53.10M, surged 48.7% from 2023.
McCormick & Company Buyback Spend 2023: $35.70M
McCormick & Company buyback spend in 2023 was $35.70M, declined 8.0% below 2022.
McCormick & Company Buyback Spend 2022: $38.80M
McCormick & Company buyback spend in 2022 was $38.80M, surged 351.2% from 2021.
McCormick & Company Buyback Spend 2021: $8.60M
McCormick & Company buyback spend in 2021 was $8.60M.
See more financial history for McCormick & Company (MKC).
Sector peers by buyback spend
Companies in the same sector as McCormick & Company, ranked by their latest buyback spend.
| Company | Buyback Spend | Sector |
|---|---|---|
| Walmart (WMT) | $8.09B | Consumer Defensive |
| Procter & Gamble (PG) | $6.50B | Consumer Defensive |
| PepsiCo (PEP) | $1.00B | Consumer Defensive |
| Altria Group (MO) | $1.00B | Consumer Defensive |
| Costco (COST) | $903.00M | Consumer Defensive |
| Coca-Cola (KO) | $746.00M | Consumer Defensive |
| Monster Beverage (MNST) | $103.65M | Consumer Defensive |
| Philip Morris International (PM) | $0 | Consumer Defensive |
Share count history
Diluted weighted-average shares drive the EPS denominator and per-share capital-return maths. A falling diluted share count means buybacks are outpacing dilution from stock-based compensation and option exercises.
Diluted vs basic shares (annual)
Year-over-year change in diluted shares
Green is fewer shares vs the prior fiscal year (net repurchase); red is growth (dilution). The earliest year shown has no prior year to compare.
Dividend & buyback yield over time
Stacked annual yields — buyback yield (TTM cash repurchases ÷ market cap) plus dividend yield from the same fiscal-year-end key-metrics period — show how total cash return per dollar of equity has evolved.
Buybacks vs stock-based compensation
Annual cash repurchases set against stock-based compensation. Coverage above 1× means buybacks fully offset the equity dilution from SBC. TTM coverage: 1.12×.
Capital allocation mix
How McCormick & Company splits cash returned to shareholders between dividends and buybacks, plus the headroom on free cash flow that's still available for additional repurchases.
Buybacks vs dividends (share of cash returned)
Buyback capacity (TTM)
Free cash flow minus dividends paid versus actual TTM repurchases — the headroom bar shows how much of post-dividend FCF is still being deployed elsewhere.
Headroom $474.80M (TTM FCF − TTM dividends, clamped at zero).
Data & methodology
Where do buyback, dividend and compensation figures come from?
Cash buyback spend (common stock repurchased), dividends paid and stock-based compensation come from McCormick & Company's consolidated cash flow statements — quarterly 10-Q and annual 10-K SEC filings, in USD as reported.
How are diluted shares and yields calculated?
Diluted weighted-average share counts come from the income statement (EPS denominator). Trailing twelve-month (TTM) aggregates sum the four most recent reported quarters. Buyback and dividend yields divide TTM cash flows by market capitalisation at the latest quarter-end.
How is buyback capacity defined?
Capacity compares TTM repurchases to free cash flow after dividends: operating cash flow minus capital expenditure, minus dividends paid, versus actual buybacks over the same trailing window.
Is this investment advice?
No. Figures are for informational and educational use only. Past buybacks and dividends do not predict future returns.
Frequently asked questions
Does McCormick & Company buy back its own stock?
Yes, McCormick & Company (MKC) has repurchased shares in recent periods. See the history table and charts on this page for amounts and trends.
How much does McCormick & Company spend on share buybacks?
Trailing twelve months (TTM) buyback spend is about $52.30M (sum of the last four quarterly cash-flow periods in our data). Figures are illustrative; verify in filings.
What is McCormick & Company's buyback yield?
TTM buyback yield is about 0.27% (TTM buyback spend divided by market cap at the latest quarter-end in our data).
What is McCormick & Company's shareholder yield?
Shareholder yield combines dividend yield and buyback yield. For the latest period we show approximately 0.27% combined (TTM-based where available).
Is McCormick & Company diluting shareholders?
Compare stock-based compensation (SBC) to buybacks in the chart above. Net effect varies by year; see annual buyback vs SBC bars and the history table.
How has McCormick & Company's share count changed?
Diluted weighted average shares changed by about 0.1% over roughly five fiscal years (annual income statement data).
What is McCormick & Company's buyback spend?
Latest reported buyback spend for McCormick & Company (MKC) is $52.30M (period ending February 28, 2026).
How has McCormick & Company buyback spend changed year-over-year?
McCormick & Company (MKC) buyback spend changed -34.5% year-over-year on the latest annual filing.
What is the long-term growth rate of McCormick & Company buyback spend?
McCormick & Company (MKC) buyback spend compound annual growth rate is -6.0% over the most recent 5 years available.
When did McCormick & Company buyback spend hit its highest annual value?
McCormick & Company buyback spend reached its highest annual value of $244.30M in 2014.
What was McCormick & Company buyback spend in 2024?
McCormick & Company (MKC) buyback spend in 2024 was $53.10M.
What was McCormick & Company buyback spend in 2025?
McCormick & Company (MKC) buyback spend in 2025 was $34.80M.
Explore more
MKC Overview
Company profile, financial tools, and key metrics
MKC Revenue Counter
Earns $225.42 every second. See per minute, hour, and day.
MKC Earnings Counter
Earns $52.11 per second net profit. See per minute, hour, and day.
MKC Economic Scale
Exceeds Maldives's GDP. Compare with world economies.
MKC What If Invested
What if you had invested $1,000? See historical returns from any date.
MKC How It Makes Money
Discover visual breakdown of $7.11B in revenue — where it comes from and where it goes.
MKC Stock Seasonality
Best and worst months to invest. Historical monthly returns heatmap.
MKC Price Target Scenarios
Model bear, base, and bull cases with EPS growth and exit P/E — pre-filled from analysts and history.
MKC Daily Price Character
Steady · 51.1% historical win rate (green days). Streaks & record days.
MKC Stock Split History
6 splits on record. Dates, ratios, and cumulative multiple.
MKC Dividend Profile
Yield: 3.98%. Safety: 7/8. See full history.
MKC Dividend Calculator
How much dividend income would $1,000 have earned? Calculate from any date.
MKC Dividend Forecast
Project future income with DRIP, growth assumptions, and optional monthly contributions.
MKC Dividend Capture
Historical pre-ex touch stats, gap distribution, after-tax calculator, and a backtest simulator (limit-order vs MOC exit).
MKC Financials
Revenue, EPS, EBITDA, market cap, debt and balance sheet history with annual and quarterly data.