TTM
12.0%
YoY change
+1.20pp
Trough year (1995)
-1.2%
Peak year (2023)
14.6%
Latest annual
10.8%
FCF Margin history chart for McCormick & Company (MKC) from 1989 to 2025
Latest: 10.8%
FCF Margin change chart for McCormick & Company (MKC) from 1989 to 2025
Latest: +1.20pp
FCF Margin history table for McCormick & Company (MKC) from 1989 to 2025
| 2025 | 10.8% | +1.20pp | ||
| 2024 | 9.6% | -4.99pp | ||
| 2023 | 14.6% | +8.48pp | ||
| 2022 | 6.1% | -2.58pp | ||
| 2021 | 8.7% | -5.86pp | ||
| 2020 | 14.6% | +0.11pp | ||
| 2019 | 14.5% | +2.16pp | ||
| 2018 | 12.3% | -1.08pp | ||
| 2017 | 13.4% | +1.95pp | ||
| 2016 | 11.4% | +0.69pp | ||
| 2015 | 10.7% | +2.00pp | ||
| 2014 | 8.7% | -0.12pp | ||
| 2013 | 8.9% | +0.27pp | ||
| 2012 | 8.6% | +2.01pp | ||
| 2011 | 6.6% | -2.37pp | ||
| 2010 | 8.9% | -1.50pp | ||
| 2009 | 10.4% | +3.24pp | ||
| 2008 | 7.2% | +2.20pp | ||
| 2007 | 5.0% | -3.31pp | ||
| 2006 | 8.3% | -1.92pp | ||
| 2005 | 10.2% | -0.83pp | ||
| 2004 | 11.1% | +6.70pp | ||
| 2003 | 4.4% | -1.16pp | ||
| 2002 | 5.5% | +0.76pp | ||
| 2001 | 4.8% | -2.50pp | ||
| 2000 | 7.3% | -1.70pp | ||
| 1999 | 9.0% | +4.70pp | ||
| 1998 | 4.3% | -3.35pp | ||
| 1997 | 7.6% | +0.29pp | ||
| 1996 | 7.3% | +8.55pp | ||
| 1995 | -1.2% | -0.32pp | ||
| 1994 | -0.9% | -1.19pp | ||
| 1993 | 0.3% | -2.29pp | ||
| 1992 | 2.6% | +2.50pp | ||
| 1991 | 0.1% | -0.96pp | ||
| 1990 | 1.0% | +0.03pp | ||
| 1989 | 1.0% | — |
- 202510.8%+1.20pp
- 20249.6%-4.99pp
- 202314.6%+8.48pp
- 20226.1%-2.58pp
- 20218.7%-5.86pp
- 202014.6%+0.11pp
- 201914.5%+2.16pp
- 201812.3%-1.08pp
- 201713.4%+1.95pp
- 201611.4%+0.69pp
- 201510.7%+2.00pp
- 20148.7%-0.12pp
- 20138.9%+0.27pp
- 20128.6%+2.01pp
- 20116.6%-2.37pp
- 20108.9%-1.50pp
- 200910.4%+3.24pp
- 20087.2%+2.20pp
- 20075.0%-3.31pp
- 20068.3%-1.92pp
- 200510.2%-0.83pp
- 200411.1%+6.70pp
- 20034.4%-1.16pp
- 20025.5%+0.76pp
- 20014.8%-2.50pp
- 20007.3%-1.70pp
- 19999.0%+4.70pp
- 19984.3%-3.35pp
- 19977.6%+0.29pp
- 19967.3%+8.55pp
- 1995-1.2%-0.32pp
- 1994-0.9%-1.19pp
- 19930.3%-2.29pp
- 19922.6%+2.50pp
- 19910.1%-0.96pp
- 19901.0%+0.03pp
- 19891.0%—
FCF Margin values are taken from McCormick & Company's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About FCF Margin at McCormick & Company (MKC)
According to McCormick & Company's latest reported financial statements, the company's latest reported free cash flow margin is 12.0%. Free cash flow margin is free cash flow divided by revenue — the share of each sales dollar that converts into cash after capital expenditures. Because free cash flow cannot be inflated by non-cash accounting, FCF margin is a clean read on how efficiently a business turns revenue into deployable cash.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
2025's annual free cash flow margin for McCormick & Company (MKC) came in at 10.82% – expanded 1.2 percentage points year-over-year.
The highest annual free cash flow margin of 14.61% was reported in 2023. The lowest in the available history was -1.22% in 1995.
McCormick & Company FCF Margin by Year
McCormick & Company FCF Margin 2025: 10.8%
McCormick & Company posted free cash flow margin of 10.82% in 2025, expanded 1.2 percentage points from 2024.
McCormick & Company FCF Margin 2024: 9.6%
In 2024, McCormick & Company reported free cash flow margin of 9.62%, contracted 5.0 percentage points from 2023.
McCormick & Company FCF Margin 2023: 14.6%
McCormick & Company free cash flow margin in 2023 was 14.61%, expanded 8.5 percentage points from 2022. This figure represents the highest annual value in the available history.
McCormick & Company FCF Margin 2022: 6.1%
2022's free cash flow margin for McCormick & Company came in at 6.13%, contracted 2.6 percentage points from 2021.
McCormick & Company FCF Margin 2021: 8.7%
McCormick & Company free cash flow margin in 2021 was 8.71%.
See more financial history for McCormick & Company (MKC).
Sector peers by FCF Margin
Consumer Defensive peers of McCormick & Company (MKC), ranked by their latest free cash flow margin
| 39.5% | |
| 25.7% | |
| 25.5% | |
| 23.6% | |
| 17.3% | |
| 9.3% | |
| 3.0% | |
| 1.7% |
- 39.5%
- 25.5%
- 9.3%
- 3.0%
- 1.7%
Frequently asked questions
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