
McCormick & Company, Incorporated
MKCFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
11/30/2024
Revenue
6,724
Cost of Revenue
4,133
Gross Profit
2,591
Gross Margin
38.5%
Operating Income
1,060
Operating Margin
15.8%
Net Income
789
Net Margin
11.7%
EPS (Basic)
$2.94
EPS (Diluted)
$2.92
EBITDA
1,317
EBITDA Margin
19.6%
2023
11/30/2023
Revenue
6,662
Cost of Revenue
4,160
Gross Profit
2,503
Gross Margin
37.6%
Operating Income
963
Operating Margin
14.5%
Net Income
681
Net Margin
10.2%
EPS (Basic)
$2.54
EPS (Diluted)
$2.52
EBITDA
1,206
EBITDA Margin
18.1%
2022
11/30/2022
Revenue
6,351
Cost of Revenue
4,076
Gross Profit
2,275
Gross Margin
35.8%
Operating Income
864
Operating Margin
13.6%
Net Income
682
Net Margin
10.7%
EPS (Basic)
$2.54
EPS (Diluted)
$2.52
EBITDA
1,163
EBITDA Margin
18.3%
2021
11/30/2021
Revenue
6,318
Cost of Revenue
3,823
Gross Profit
2,495
Gross Margin
39.5%
Operating Income
1,015
Operating Margin
16.1%
Net Income
755
Net Margin
12.0%
EPS (Basic)
$2.83
EPS (Diluted)
$2.80
EBITDA
1,219
EBITDA Margin
19.3%
2020
11/30/2020
Revenue
5,601
Cost of Revenue
3,301
Gross Profit
2,300
Gross Margin
41.1%
Operating Income
1,000
Operating Margin
17.8%
Net Income
747
Net Margin
13.3%
EPS (Basic)
$2.80
EPS (Diluted)
$2.78
EBITDA
1,182
EBITDA Margin
21.1%