Here are the 10-K annual reports from McCormick & Company, Incorporated Voting CS (MKC.V) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-K covers the audited annual report, with the full financial statements, so if you follow MKC.V and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full MKC.V filings page.
McCormick & Company describes a global flavor business built around two segments: Consumer (about 58% of 2025 net sales and 67% of operating income) and Flavor Solutions (42% of net sales and 33% of operating income). The company sells herbs, spices, seasonings, condiments and sauces in roughly 150 countries, with major brands including McCormick, French’s, Frank’s RedHot, Cholula and OLD BAY.
On January 2, 2026, McCormick completed the $750 million purchase of an additional 25% stake in McCormick de Mexico, bringing its ownership to a 75% controlling interest to support growth in Mexico and Latin America. Non‑U.S. operations generated about 39% of 2025 sales. Customer concentration is meaningful: one Consumer customer (Wal‑Mart) and one Flavor Solutions customer (PepsiCo) each represented roughly 12% of consolidated sales.
The filing highlights key risks, including inflation and commodity volatility, supply chain and transportation constraints, labor shortages, climate and sustainability pressures, cybersecurity threats, shifting consumer preferences, regulatory changes and a substantial debt load of about $4.0 billion. McCormick employed approximately 14,100 full‑time employees as of November 30, 2025.