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McCormick vs Top Wealth: revenue, profit, margins and growth compared

McCormick brought in $6.8B of revenue in fiscal 2025, Top Wealth $9.1M in fiscal 2025. Revenue changed by +1.7% at McCormick and +92.3% at Top Wealth on the year before, so Top Wealth grew faster. McCormick kept 11.5% of its revenue as net profit, Top Wealth 34.9%.

Side by side, latest fiscal year

MKCTWG
Fiscal year endedFY2025 (November 30, 2025)FY2025 (December 31, 2025)
Revenue$6.8B$9.1M
Revenue growth+1.7%+92.3%
Net income$789.4M$3.2M
Net margin11.5%34.9%
Free cash flow$740.4Mn/a
Free cash flow margin10.8%n/a
Earnings per share (diluted)$2.93$3.87
Cash$95.9M$2.4M
Debt$3.6Bn/a
Price to earnings16.4n/a
Market value$12.9B$10.3M
Dividend yield3.82%n/a
Rank by revenue in sector#32 of 93 · Consumer staples#88 of 93 · Consumer staples

Over the years

Revenue
MKC FY2018: $5.3BMKC FY2019: $5.3BMKC FY2020: $5.6BMKC FY2021: $6.3BMKC FY2022: $6.4BMKC FY2023: $6.7BMKC FY2024: $6.7BMKC FY2025: $6.8BTWG FY2021: $19.6KTWG FY2023: $8.5MTWG FY2023: $16.9MTWG FY2024: $4.7MTWG FY2025: $9.1MFY18FY19FY20FY21FY22FY23FY24FY25
MKC $6.8BTWG $9.1M
Net income
MKC FY2018: $933.4MMKC FY2019: $702.7MMKC FY2020: $747.4MMKC FY2021: $755.3MMKC FY2022: $682MMKC FY2023: $680.6MMKC FY2024: $788.5MMKC FY2025: $789.4MTWG FY2021: -$11KTWG FY2023: $1.9MTWG FY2023: $2.4MTWG FY2024: -$2MTWG FY2025: $3.2MFY18FY19FY20FY21FY22FY23FY24FY25
MKC $789.4MTWG $3.2M
Net margin
MKC FY2018: 17.6%MKC FY2019: 13.1%MKC FY2020: 13.3%MKC FY2021: 12.0%MKC FY2022: 10.7%MKC FY2023: 10.2%MKC FY2024: 11.7%MKC FY2025: 11.5%TWG FY2021: -56.1%TWG FY2023: 22.5%TWG FY2023: 14.4%TWG FY2024: -42.5%TWG FY2025: 34.9%FY18FY19FY20FY21FY22FY23FY24FY25
MKC 11.5%TWG 34.9%
Revenue growth
MKC FY2019: +0.8%MKC FY2020: +4.7%MKC FY2021: +12.8%MKC FY2022: +0.5%MKC FY2023: +4.9%MKC FY2024: +0.9%MKC FY2025: +1.7%TWG FY2023: +43,300.1%TWG FY2023: +99.0%TWG FY2024: -72.0%TWG FY2025: +92.3%FY19FY20FY21FY22FY23FY24FY25
MKC +1.7%TWG +92.3%
Free cash flow
MKC FY2018: $652.1MMKC FY2019: $773.1MMKC FY2020: $816MMKC FY2021: $550.3MMKC FY2022: $389.5MMKC FY2023: $973.4MMKC FY2024: $647MMKC FY2025: $740.4MTWG FY2021: $792TWG FY2023: -$360.9KFY18FY19FY20FY21FY22FY23FY24FY25
MKC $740.4MTWG -$360.9K

Fiscal years as each company reports them; the two may end in different months.

Questions about McCormick and Top Wealth

Which is bigger by revenue, McCormick or Top Wealth?

McCormick is bigger by revenue: $6.8B in fiscal 2025, against $9.1M for Top Wealth in fiscal 2025.

Which keeps more of its revenue as profit, McCormick or Top Wealth?

McCormick had a net margin of 11.5% in fiscal 2025; Top Wealth had 34.9% in fiscal 2025.

Which grew revenue faster, McCormick or Top Wealth?

In their latest fiscal years revenue changed by +1.7% at McCormick and +92.3% at Top Wealth.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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