Capital Expenditures for McCormick & Company (MKC)
According to McCormick & Company's latest reported financial statements, the company's current capital expenditures (TTM) is $217.40M USD. Capital expenditures (CapEx) are cash outlays for property, plant, and equipment and other long-lived productive assets — reported on the cash flow statement under investing activities. CapEx funds future capacity (factories, data centers, software, machinery), so rising spend can signal investment in growth, while heavy CapEx reduces free cash flow available to shareholders. We display CapEx as a positive amount (the absolute cash outflow); compare with revenue to gauge capital intensity and with total assets for the asset-base context.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Currently viewingCapital ExpendituresSwitch metric
Latest period
$217.40M
YoY change
-19.3%
5Y CAGR
-0.3%
Peak year (2021)
$278.00M
Cumulative capital expenditures
$4.45B
CapEx history chart for McCormick & Company (MKC) from 1989 to 2025
CapEx history table for McCormick & Company (MKC) from 1989 to 2025
| Fiscal year | Period ended | Reported | Capital Expenditures | YoY |
|---|---|---|---|---|
| 2025 | $221.80M | -19.3% | ||
| 2024 | $274.90M | +4.2% | ||
| 2023 | $263.90M | +0.7% | ||
| 2022 | $262.00M | -5.8% | ||
| 2021 | $278.00M | +23.4% | ||
| 2020 | $225.30M | +29.7% | ||
| 2019 | $173.70M | +2.7% | ||
| 2018 | $169.10M | -7.3% | ||
| 2017 | $182.40M | +18.6% | ||
| 2016 | $153.80M | +19.8% | ||
| 2015 | $128.40M | -3.2% | ||
| 2014 | $132.70M | +32.8% | ||
| 2013 | $99.90M | -9.4% | ||
| 2012 | $110.30M | +14.1% | ||
| 2011 | $96.70M | +8.7% | ||
| 2010 | $89.00M | +8.0% | ||
| 2009 | $82.40M | -4.0% | ||
| 2008 | $85.80M | +9.3% | ||
| 2007 | $78.50M | -7.4% | ||
| 2006 | $84.80M | +14.9% | ||
| 2005 | $73.80M | +5.7% | ||
| 2004 | $69.80M | -23.8% | ||
| 2003 | $91.60M | -17.3% | ||
| 2002 | $110.70M | -1.2% | ||
| 2001 | $112.10M | +109.1% | ||
| 2000 | $53.60M | +8.7% | ||
| 1999 | $49.30M | -22.6% | ||
| 1998 | $63.70M | +45.1% | ||
| 1997 | $43.90M | -41.2% | ||
| 1996 | $74.70M | -9.0% | ||
| 1995 | $82.10M | -6.4% | ||
| 1994 | $87.70M | +15.2% | ||
| 1993 | $76.10M | -4.0% | ||
| 1992 | $79.30M | +8.3% | ||
| 1991 | $73.20M | +25.3% | ||
| 1990 | $58.40M | +9.4% | ||
| 1989 | $53.40M | — |
CapEx values are taken from McCormick & Company's reported cash flow statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
McCormick & Company (MKC) most recent annual capital expenditures stands at $221.80M (2025) – declined 19.3% year-over-year.
Through 2020–2025 (5 years), McCormick & Company capital expenditures delivered a -0.3% annualised rate; with a net decline across the window.
McCormick & Company capital expenditures declined from $278.00M in 2021 to $221.80M in 2025, a 20.2% drawdown.
Across the available history, capital expenditures reached its high of $278.00M in 2021 and its low of $43.90M in 1997.
McCormick & Company (MKC) sits 7th of 8 Consumer Defensive peers we track on this metric, against a peer median of $2.94B.
McCormick & Company Capital Expenditures by Year
McCormick & Company Capital Expenditures 2025: $221.80M
McCormick & Company capital expenditures in 2025 was $221.80M, declined 19.3% below 2024.
McCormick & Company Capital Expenditures 2024: $274.90M
McCormick & Company capital expenditures in 2024 was $274.90M, edged up 4.2% from 2023.
McCormick & Company Capital Expenditures 2023: $263.90M
McCormick & Company capital expenditures in 2023 was $263.90M, edged up 0.7% from 2022.
McCormick & Company Capital Expenditures 2022: $262.00M
McCormick & Company capital expenditures in 2022 was $262.00M, declined 5.8% below 2021.
McCormick & Company Capital Expenditures 2021: $278.00M
McCormick & Company capital expenditures in 2021 was $278.00M.
See more financial history for McCormick & Company (MKC).
Sector peers — CapEx
Companies in the same sector as McCormick & Company, ranked by their latest capital expenditures.
| Company | Capital Expenditures | Sector |
|---|---|---|
| Walmart Inc. (WMT) | $26.64B | Consumer Defensive |
| Costco Wholesale Corporation (COST) | $5.50B | Consumer Defensive |
| PepsiCo, Inc. (PEP) | $4.42B | Consumer Defensive |
| The Procter & Gamble Company (PG) | $3.77B | Consumer Defensive |
| The Coca-Cola Company (KO) | $2.11B | Consumer Defensive |
| Philip Morris International Inc. (PM) | $1.57B | Consumer Defensive |
| Altria Group, Inc. (MO) | $216.00M | Consumer Defensive |
| Monster Beverage Corporation (MNST) | $132.28M | Consumer Defensive |
Frequently asked questions
What is McCormick & Company's capital expenditures?
- Latest reported capital expenditures for McCormick & Company (MKC) is $217.40M (period ending February 28, 2026).
How has McCormick & Company capital expenditures changed year-over-year?
- McCormick & Company (MKC) capital expenditures changed -19.3% year-over-year on the latest annual filing.
What is the long-term growth rate of McCormick & Company capital expenditures?
- McCormick & Company (MKC) capital expenditures compound annual growth rate is -0.3% over the most recent 5 years available.
When did McCormick & Company capital expenditures hit its highest annual value?
- McCormick & Company capital expenditures reached its highest annual value of $278.00M in 2021.
What was McCormick & Company capital expenditures in 2024?
- McCormick & Company (MKC) capital expenditures in 2024 was $274.90M.
What was McCormick & Company capital expenditures in 2025?
- McCormick & Company (MKC) capital expenditures in 2025 was $221.80M.
Metrics overview
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