Earnings summary

Mccormick & Co Inc Q4 2025 results

Reported 2026-01-22Full transcript →

Snapshot

Mccormick & Co Inc reported $1.85B of revenue in Q4 2025, up 2.9% year over year, with diluted EPS of $0.84 and an operating margin of 16.8%.

Revenue
$1.85B
YoY growth
+2.9%
Diluted EPS
$0.84
Operating margin
16.8%
$1.85B
Revenue
+2.9%
YoY growth
$0.84
Diluted EPS
16.8%
Operating margin
01 Key takeaways

What management said

  • We delivered differentiated, volume-led organic growth and share gains, powered by sustained momentum from investing in our brands, expanding distribution, and driving innovation across our business.
  • As a result, we realized operating income, growth, and margin expansion for the full year, all while continuing to invest to drive future growth.
  • In the fourth quarter, total organic sales increased by 2%, supported by growth in both consumer and flavor solutions.
  • In global consumer, organic sales growth was driven by volume, which grew for the seventh consecutive quarter, as well as price contributions.
  • In the Americas region, we delivered volume growth, even as pricing actions took effect, with elasticities coming in broadly in line with our expectations.
  • In Asia Pacific, organic growth was supported by strong and continued momentum in Australia and our China retail business.
  • Importantly, we achieved the gradual full-year recovery in China consumer for the year as planned.
  • These headwinds were mostly offset, with growth from high-growth innovators, private label customers, and QSRs across the Americas and Asia Pacific.
  • Turning to profitability, fourth quarter gross margin was pressured by higher-than-expected inflation across our diverse basket of commodities, and we recognized more tariff costs than previously planned.
  • In addition, as expected, we continue to invest in the business, advancing our supply chain capabilities, innovation, and growth platforms.
  • Across the global consumer segment, we have held or improved share across many core categories in key markets for the last six quarters.
  • McCormick-branded volume consumption growth continues to outpace the broader edible category in the U.S.
Read the full Q4 2025 transcript
SourcesCompany financials · earnings call Last updated

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