For the quarter ending 2026-02-28, MKC-V had $81,800K increase in cash & cash equivalents over the period. $18,400K in free cash flow.
| Cash Flow | 2026-02-28 | 2025-11-30 | 2025-08-31 | 2025-05-31 |
|---|---|---|---|---|
| Net income | 1,022,300 | 226,600 | 225,500 | 337,300 |
| Depreciation and amortization | 63,000 | 59,200 | 61,200 | 57,100 |
| Stock-based compensation | 20,700 | 8,900 | 7,700 | 9,600 |
| Loss on the sale of a business | - | 0 | - | - |
| (gain) loss on sale of assets | - | 0 | - | - |
| Amortization of inventory fair value adjustments associated with acquisition | 15,000 | - | - | - |
| Deferred income tax benefit | -7,500 | 9,300 | -13,100 | -30,700 |
| Income from unconsolidated operations | 19,200 | 18,200 | 16,900 | 19,700 |
| Gain on remeasurement of previously held equity interest | 866,800 | - | - | - |
| Trade accounts receivable | -18,700 | -37,200 | 75,100 | 42,000 |
| Inventories | -35,100 | -49,900 | 6,900 | 7,400 |
| Trade accounts payable | -98,700 | 63,700 | 12,000 | -3,600 |
| Other assets and liabilities | 145,600 | -87,000 | -38,200 | 134,500 |
| Dividends from unconsolidated affiliates | 13,900 | 18,400 | 16,800 | 14,300 |
| Net cash flow provided by operating activities | 50,900 | 542,000 | 258,800 | 45,900 |
| Acquisition of business, net of cash acquired | 729,900 | 0 | 14,300 | 19,800 |
| Proceeds from sale of business | - | 0 | - | - |
| Capital expenditures (including software) | 32,500 | 83,700 | 52,700 | 85,400 |
| Other investing activities | - | 700 | 0 | 0 |
| Net cash flow used in investing activities | -762,400 | -83,000 | -67,000 | -68,100 |
| Short-term borrowings (repayments), net | 928,500 | -114,600 | -102,800 | 141,900 |
| Long-term debt borrowings (net of debt issuance costs of 0.5) | 497,400 | 300 | 1,500 | 900 |
| Payment of debt issuance costs | - | 0 | - | - |
| Long-term debt repayments | 502,200 | 252,200 | 2,100 | 2,100 |
| Proceeds from exercised stock options | 12,600 | 5,800 | 1,800 | 6,600 |
| Taxes withheld and paid on employee stock awards | 9,200 | 0 | 600 | 5,900 |
| Common stock acquired by purchase | 10,900 | 5,600 | 2,700 | 9,300 |
| Dividends paid | 128,900 | 120,800 | 120,700 | 120,800 |
| Other financing activities | -5,600 | 24,500 | -9,800 | 1,000 |
| Net cash flow provided by (used in) financing activities | 781,700 | -462,600 | -235,400 | 12,300 |
| Effect of exchange rate changes on cash and cash equivalents | 11,600 | 4,600 | 14,400 | 31,200 |
| Increase (decrease) in cash and cash equivalents | 81,800 | 1,000 | -29,200 | 21,300 |
| Cash and cash equivalents at beginning of period | 95,900 | 94,900 | 124,100 | 102,800 |
| Cash and cash equivalents at end of period | 177,700 | 95,900 | 94,900 | 124,100 |
MCCORMICK & CO INC (MKC-V)
MCCORMICK & CO INC (MKC-V)