Filing Flows › McCormick (MKC) › Q4 FY25
McCormick (MKC) Q4 FY25 earnings results (fourth quarter fiscal 2025)
10-K filed Jan 22, 2026
McCormick (MKC) reported revenue of $1.9B for the fourth quarter fiscal 2025 (Q4 FY25), +3% from a year earlier and +7% from the quarter before. Operating margin was 16.8%, net earnings $227M (12.2% of revenue).
McCormick, Q4 FY25: revenue $1.9B (+3% year over year), operating margin 16.8%, net earnings $227M, operating cash flow $542M. The chart follows the revenue to costs, profit and cash.
| Q4 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.9B | +7% | +3% |
| Gross profit | $720M | +12% | -0.3% |
| Operating profit | $311M | +8% | +2% |
| Net earnings | $227M | +0.5% | +5% |
| Operating cash flow | $542M | +109% | +18% |
| Free cash flow | $458M | +122% | +23% |
What changed
Revenue was $1.9B in Q4 FY25, up 3% year over year and up 7% from the previous quarter.
Gross margin was 38.9%, down 1.2 points from Q4 FY24. Operating profit was $0.31B, a 16.8% margin (down 0.2 points year over year). Of the extra revenue versus Q4 FY24, 9% reached operating profit, below the 17% margin then. Operating expenses fell 2% while revenue rose 3%. The fastest-growing cost line was Other operating costs (+175%). Net earnings were $0.23B, up 5% year over year ($0.22B including minority interests, which bore $0.01B of losses). The effective tax rate was 23.3%.
Operating cash flow was $0.54B (up 18% year over year), 251% of net income including minority interests. Non-cash charges added back $0.06B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items added $0.26B. Capital expenditures of $0.08B left free cash flow of $0.46B.
Questions
What was McCormick's revenue in the fourth quarter fiscal 2025?
McCormick (MKC) reported revenue of $1.9B for the fourth quarter fiscal 2025 (Q4 FY25), +3% from a year earlier and +7% from the quarter before.
Was McCormick profitable in the fourth quarter fiscal 2025?
Operating profit was $311M (16.8% of revenue) and net earnings $227M.
Source: McCormick 10-K on SEC EDGAR.