Net Income for McCormick & Company (MKC)
According to McCormick & Company's latest reported financial statements, the company's current net income (TTM) is $1.64B USD. Net income is the bottom-line profit after all expenses — cost of goods sold, operating expenses, interest, and taxes — are subtracted from revenue. It is the figure used to compute earnings per share (EPS) and is the residual available to shareholders.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Currently viewingNet IncomeSwitch metric
TTM (last 4 quarters)
$1.64B
YoY change
+0.1%
5Y CAGR
+1.1%
Peak year (2018)
$933.40M
Cumulative net income
$12.50B
Net Income history chart for McCormick & Company (MKC) from 1985 to 2025
Net Income history table for McCormick & Company (MKC) from 1985 to 2025
| Fiscal year | Period ended | Reported | Net Income | YoY |
|---|---|---|---|---|
| 2025 | $789.40M | +0.1% | ||
| 2024 | $788.50M | +15.9% | ||
| 2023 | $680.60M | -0.2% | ||
| 2022 | $682.00M | -9.7% | ||
| 2021 | $755.30M | +1.1% | ||
| 2020 | $747.40M | +6.4% | ||
| 2019 | $702.70M | -24.7% | ||
| 2018 | $933.40M | +95.5% | ||
| 2017 | $477.40M | +1.1% | ||
| 2016 | $472.30M | +17.6% | ||
| 2015 | $401.60M | -8.3% | ||
| 2014 | $437.90M | +12.6% | ||
| 2013 | $389.00M | -4.6% | ||
| 2012 | $407.80M | +9.0% | ||
| 2011 | $374.20M | +1.1% | ||
| 2010 | $370.20M | +23.5% | ||
| 2009 | $299.80M | +17.2% | ||
| 2008 | $255.80M | +11.2% | ||
| 2007 | $230.10M | +13.8% | ||
| 2006 | $202.20M | -5.9% | ||
| 2005 | $214.90M | +0.2% | ||
| 2004 | $214.50M | +1.8% | ||
| 2003 | $210.80M | +17.2% | ||
| 2002 | $179.80M | +22.6% | ||
| 2001 | $146.60M | +6.6% | ||
| 2000 | $137.50M | +33.1% | ||
| 1999 | $103.30M | -0.5% | ||
| 1998 | $103.80M | +5.5% | ||
| 1997 | $98.40M | +134.8% | ||
| 1996 | $41.90M | -57.1% | ||
| 1995 | $97.60M | +59.7% | ||
| 1994 | $61.10M | -16.4% | ||
| 1993 | $73.10M | -23.2% | ||
| 1992 | $95.20M | +17.7% | ||
| 1991 | $80.90M | +16.6% | ||
| 1990 | $69.40M | +32.2% | ||
| 1989 | $52.50M | +44.6% | ||
| 1988 | $36.30M | +18.6% | ||
| 1987 | $30.60M | +3.0% | ||
| 1986 | $29.70M | +6.8% | ||
| 1985 | $27.80M | — |
Net Income values are taken from McCormick & Company's reported income 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
As of the 2025 fiscal year, McCormick & Company (MKC) reported net income of $789.40M – edged up 0.1% year-over-year.
Looking at the 2020–2025 (5 years) stretch, McCormick & Company net income compounded at +1.1% per year, sustaining 2 straight years of year-over-year growth.
Between 2018 and 2025, McCormick & Company net income declined 15.4%, falling from $933.40M to $789.40M.
2018 marks the peak net income at $933.40M, with the historical low of $27.80M recorded in 1985.
Among 8 Consumer Defensive peers, McCormick & Company (MKC) ranks 9th; the peer median for net income is $9.79B.
McCormick & Company Net Income by Year
McCormick & Company Net Income 2025: $789.40M
McCormick & Company net income in 2025 was $789.40M, edged up 0.1% from 2024.
McCormick & Company Net Income 2024: $788.50M
McCormick & Company net income in 2024 was $788.50M, grew 15.9% from 2023.
McCormick & Company Net Income 2023: $680.60M
McCormick & Company net income in 2023 was $680.60M, edged down 0.2% below 2022.
McCormick & Company Net Income 2022: $682.00M
McCormick & Company net income in 2022 was $682.00M, declined 9.7% below 2021.
McCormick & Company Net Income 2021: $755.30M
McCormick & Company net income in 2021 was $755.30M.
See more financial history for McCormick & Company (MKC).
Sector peers — Net Income
Companies in the same sector as McCormick & Company, ranked by their latest net income.
| Company | Net Income | Sector |
|---|---|---|
| Walmart Inc. (WMT) | $21.89B | Consumer Defensive |
| The Procter & Gamble Company (PG) | $15.97B | Consumer Defensive |
| The Coca-Cola Company (KO) | $13.11B | Consumer Defensive |
| Philip Morris International Inc. (PM) | $11.35B | Consumer Defensive |
| PepsiCo, Inc. (PEP) | $8.24B | Consumer Defensive |
| Costco Wholesale Corporation (COST) | $8.10B | Consumer Defensive |
| Altria Group, Inc. (MO) | $6.95B | Consumer Defensive |
| Monster Beverage Corporation (MNST) | $1.91B | Consumer Defensive |
Frequently asked questions
What is McCormick & Company's net income?
- Latest reported net income for McCormick & Company (MKC) is $1.64B (period ending February 28, 2026).
How has McCormick & Company net income changed year-over-year?
- McCormick & Company (MKC) net income changed +0.1% year-over-year on the latest annual filing.
What is the long-term growth rate of McCormick & Company net income?
- McCormick & Company (MKC) net income compound annual growth rate is +1.1% over the most recent 5 years available.
When did McCormick & Company net income hit its highest annual value?
- McCormick & Company net income reached its highest annual value of $933.40M in 2018.
What was McCormick & Company net income in 2024?
- McCormick & Company (MKC) net income in 2024 was $788.50M.
What was McCormick & Company net income in 2025?
- McCormick & Company (MKC) net income in 2025 was $789.40M.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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