Overview
McCormick & Company Financial Statements FY2021-FY2026Q3
McCormick's income statement and balance sheet, FY2021 through FY2026Q3, as a public, auditable plain-text Beancount ledger — reconstructed line by line from the company's own Form 10-K, 10-Q and 8-K filings and version-controlled in git… Ledger notes
Financial position
Net worth and the accounts that make it up
Money movement
Monthly income and spending by account category
Recent activity
Posting-aware activity from the journal
Income vs Expenses
Period data
| Period | Income | Expenses | Net Profit |
|---|---|---|---|
| 2021-11-30 | 6317.9 MUSD | 5570.6 MUSD | 747.2999999999993 MUSD |
| 2021-12-31 | 0 MUSD | 0 MUSD | 0 MUSD |
| 2022-01-31 | 0 MUSD | 0 MUSD | 0 MUSD |
| 2022-02-28 | 0 MUSD | 0 MUSD | 0 MUSD |
| 2022-03-31 | 0 MUSD | 0 MUSD | 0 MUSD |
| 2022-04-30 | 0 MUSD | 0 MUSD | 0 MUSD |
| 2022-05-31 | 0 MUSD | 0 MUSD | 0 MUSD |
| 2022-06-30 | 0 MUSD | 0 MUSD | 0 MUSD |
| 2022-07-31 | 0 MUSD | 0 MUSD | 0 MUSD |
| 2022-08-31 | 0 MUSD | 0 MUSD | 0 MUSD |
| 2022-09-30 | 0 MUSD | 0 MUSD | 0 MUSD |
| 2022-10-31 | 0 MUSD | 0 MUSD | 0 MUSD |
| 2022-11-30 | 6350.5 MUSD | 5674.7 MUSD | 675.8000000000002 MUSD |
| 2022-12-31 | 0 MUSD | 0 MUSD | 0 MUSD |
| 2023-01-31 | 0 MUSD | 0 MUSD | 0 MUSD |
| 2023-02-28 | 0 MUSD | 0 MUSD | 0 MUSD |
| 2023-03-31 | 0 MUSD | 0 MUSD | 0 MUSD |
| 2023-04-30 | 0 MUSD | 0 MUSD | 0 MUSD |
| 2023-05-31 | 0 MUSD | 0 MUSD | 0 MUSD |
| 2023-06-30 | 0 MUSD | 0 MUSD | 0 MUSD |
| 2023-07-31 | 0 MUSD | 0 MUSD | 0 MUSD |
| 2023-08-31 | 0 MUSD | 0 MUSD | 0 MUSD |
| 2023-09-30 | 0 MUSD | 0 MUSD | 0 MUSD |
| 2023-10-31 | 0 MUSD | 0 MUSD | 0 MUSD |
| 2023-11-30 | 6662.2 MUSD | 5987.1 MUSD | 675.0999999999995 MUSD |
| 2023-12-31 | 0 MUSD | 0 MUSD | 0 MUSD |
| 2024-01-31 | 0 MUSD | 0 MUSD | 0 MUSD |
| 2024-02-29 | 0 MUSD | 0 MUSD | 0 MUSD |
| 2024-03-31 | 0 MUSD | 0 MUSD | 0 MUSD |
| 2024-04-30 | 0 MUSD | 0 MUSD | 0 MUSD |
| 2024-05-31 | 0 MUSD | 0 MUSD | 0 MUSD |
| 2024-06-30 | 0 MUSD | 0 MUSD | 0 MUSD |
| 2024-07-31 | 0 MUSD | 0 MUSD | 0 MUSD |
| 2024-08-31 | 0 MUSD | 0 MUSD | 0 MUSD |
| 2024-09-30 | 0 MUSD | 0 MUSD | 0 MUSD |
| 2024-10-31 | 0 MUSD | 0 MUSD | 0 MUSD |
| 2024-11-30 | 6723.7 MUSD | 5942.7 MUSD | 781 MUSD |
| 2024-12-31 | 0 MUSD | 0 MUSD | 0 MUSD |
| 2025-01-31 | 0 MUSD | 0 MUSD | 0 MUSD |
| 2025-02-28 | 0 MUSD | 0 MUSD | 0 MUSD |
| 2025-03-31 | 0 MUSD | 0 MUSD | 0 MUSD |
| 2025-04-30 | 0 MUSD | 0 MUSD | 0 MUSD |
| 2025-05-31 | 0 MUSD | 0 MUSD | 0 MUSD |
| 2025-06-30 | 0 MUSD | 0 MUSD | 0 MUSD |
| 2025-07-31 | 0 MUSD | 0 MUSD | 0 MUSD |
| 2025-08-31 | 0 MUSD | 0 MUSD | 0 MUSD |
| 2025-09-30 | 0 MUSD | 0 MUSD | 0 MUSD |
| 2025-10-31 | 0 MUSD | 0 MUSD | 0 MUSD |
| 2025-11-30 | 6840.3 MUSD | 6057 MUSD | 783.3000000000002 MUSD |
| 2025-12-31 | 0 MUSD | 0 MUSD | 0 MUSD |
| 2026-01-31 | 0 MUSD | 0 MUSD | 0 MUSD |
| 2026-02-28 | 0 MUSD | 0 MUSD | 0 MUSD |
| 2026-03-31 | 0 MUSD | 0 MUSD | 0 MUSD |
| 2026-04-30 | 0 MUSD | 0 MUSD | 0 MUSD |
| 2026-05-31 | 0 MUSD | 0 MUSD | 0 MUSD |
| 2026-06-30 | 0 MUSD | 0 MUSD | 0 MUSD |
| 2026-07-31 | 0 MUSD | 0 MUSD | 0 MUSD |
| 2026-08-31 | 2024.8 MUSD | 1927.2 MUSD | 97.59999999999991 MUSD |
Balance Sheet
Breakdown
| Account | Amount | Share of total |
|---|---|---|
| Assets:NonCurrent:PropertyPlantEquipment | 1537.7 MUSD | 9.24% |
| Assets:NonCurrent:Other | 945.3 MUSD | 5.68% |
| Assets:NonCurrent:IntangibleAssets | 4958.9 MUSD | 29.78% |
| Assets:NonCurrent:Goodwill | 6303.9 MUSD | 37.86% |
| Assets:Current:Other | 296.1 MUSD | 1.78% |
| Assets:Current:Inventory | 1446.1 MUSD | 8.68% |
| Assets:Current:Cash | 331.1 MUSD | 1.99% |
| Assets:Current:AccountsReceivable | 831.5 MUSD | 4.99% |
Breakdown
| Account | Amount | Share of total |
|---|---|---|
| Liabilities:NonCurrent:Other | 1737.4 MUSD | 19.17% |
| Liabilities:NonCurrent:LongTermDebt | 2906.1 MUSD | 32.06% |
| Liabilities:Current:ShortTermDebt | 2112.1 MUSD | 23.3% |
| Liabilities:Current:Other | 826.6 MUSD | 9.12% |
| Liabilities:Current:AccountsPayable | 1481.3 MUSD | 16.34% |
Cash Flow
Loading account roles…
McCormick & Company, Incorporated (MKC) Financial Statements in Beancount — Open Ledger
McCormick's income statement and balance sheet, FY2021 through FY2026Q3, as a public, auditable plain-text Beancount ledger — reconstructed line by line from the company's own Form 10-K, 10-Q and 8-K filings and version-controlled in git. Part of the Open Ledger project on beancount.io.
Browse it live: beancount.io/ledger/open_ledger/mccormick
Latest analysis: McCormick Q3 FY2026: 17% Sales Growth, a $0.36 Quarter, and the $142M Between Them
Key Figures
| Period | Period end | Revenue | Net income |
|---|---|---|---|
| FY2021 | 2021-11-30 | 6,317.9 | 747.3 |
| FY2022 | 2022-11-30 | 6,350.5 | 675.8 |
| FY2023 | 2023-11-30 | 6,662.2 | 675.1 |
| FY2024 | 2024-11-30 | 6,723.7 | 781 |
| FY2025 | 2025-11-30 | 6,840.3 | 783.3 |
| FY2026Q3 | 2026-08-31 | 2,024.8 | 97.6 |
Amounts in MUSD (millions of US dollars), exactly as the ledger records them.
What's Inside
| Period | File | Source |
|---|---|---|
| FY2021 | FY2021/FY2021.bean | Form 10-K for the fiscal year ended November 30, 2021 (filed 2022-01-27) |
| FY2022 | FY2022/FY2022.bean | Form 10-K for the fiscal year ended November 30, 2022 (filed 2023-01-26) |
| FY2023 | FY2023/FY2023.bean | Form 10-K for the fiscal year ended November 30, 2023 (filed 2024-01-25) |
| FY2024 | FY2024/FY2024.bean | Form 10-K for the fiscal year ended November 30, 2024 (filed 2025-01-23) |
| FY2025 | FY2025/FY2025.bean | Form 10-K for the fiscal year ended November 30, 2025 (filed 2026-01-22) |
| FY2026Q3 | FY2026/FY2026Q3.bean | Form 10-Q for the quarter ended August 31, 2026 (filed 2026-10-01) |
Fiscal years end November 30 (SEC CIK 0000063754). FY2021–FY2025 come from Form 10-K filings, each year as filed; FY2026Q3 is the three months ended August 31, 2026 only — not year-to-date — from the Form 10-Q and its earnings release (8-K Exhibit 99.1). Figures are exact to the filing's tenths of a million, and Equity:CommonStockAndAPIC combines the voting and non-voting common stock classes.
Quick Start
uvx --from beancount bean-check main.bean
uvx --from beanquery bean-query main.bean \
"SELECT year, sum(position) WHERE account ~ '^Income:Revenue' GROUP BY year ORDER BY year"Zero output from bean-check means the ledger is internally consistent: every
income statement sums to zero and every balance-sheet snapshot reconciles to
the filed totals. The query prints revenue by calendar year; income is a
credit, so it shows as a negative number. Open main.bean in Fava
or import it into beancount.io to explore it visually.
Methodology
- Balance sheet —
pad/balancedirectives assert each period-end
figure against the filing named in that period file's source banner. - Income statement — one zero-sum transaction per period:
Income
negative (credit),Expensespositive (debit), with the arithmetic check in
a comment directly above it. - Unit —
MUSD;2,024.8 MUSDmeans 2,024.8 million US dollars. - Additional accounts —
Assets:Current:Inventory,
Equity:NoncontrollingInterests, opened beyond the standard chart (see each
account'sopenline inmain.bean).
Analysis
Corrections
Found a figure that does not match the filing? Email
[email protected] with the period, the account
and the filing page. Corrections are committed with the source cited.
About Open Ledger
Open Ledger is a growing library of public-company financial statements
published as plain-text accounting at
beancount.io/ledger — git-versioned, diffable
across companies, and auditable against primary filings. Read the analysis
behind the numbers on the beancount.io blog.
Disclaimer
This ledger is an independent reconstruction of McCormick & Company, Incorporated's publicly filed
financial statements, provided for educational and informational purposes
only. It is not investment, financial, legal, tax, or accounting advice, and
is not an offer or recommendation to buy or sell any security. Beancount.io is
not affiliated with, endorsed by, or sponsored by McCormick & Company, Incorporated; all trademarks
belong to their respective owners. Figures may contain errors, omissions, or
simplifications and may lag the latest filings — the company's own regulatory
filings are the authoritative source. Provided "as is" without warranty of any
kind; use at your own risk.