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McCormick & Company, IncorporatedNYSE:MKC Stock Report

Market Cap US$18.9b
Share Price
US$70.56
My Fair Value
US$83
15.1% undervalued intrinsic discount
1Y-11.0%
7D2.2%
Portfolio Value
View

McCormick & Company, Incorporated

NYSE:MKC Stock Report

Market Cap: US$18.9b

McCormick (MKC) Stock Overview

Manufactures, markets, and distributes spices, seasoning mixes, condiments, and other flavorful products to the food industry. More details

MKC fundamental analysis
Snowflake Score
Valuation2/6
Future Growth1/6
Past Performance5/6
Financial Health2/6
Dividends5/6

MKC Community Fair Values

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See what 28 others think this stock is worth. Follow their fair value or set your own to get alerts.

McCormick & Company, Incorporated Competitors

Price History & Performance

Summary of share price highs, lows and changes for McCormick
Historical stock prices
Current Share PriceUS$70.56
52 Week HighUS$86.24
52 Week LowUS$68.23
Beta0.66
1 Month Change-1.41%
3 Month Change-1.15%
1 Year Change-10.98%
3 Year Change-16.76%
5 Year Change-31.47%
Change since IPO7,426.40%

Recent News & Updates

Return Trends At McCormick (NYSE:MKC) Aren't Appealing

Aug 12
Return Trends At McCormick (NYSE:MKC) Aren't Appealing

McCormick: Spice Up Your Port, We See It Heading Higher

Jun 26

Recent updates

Return Trends At McCormick (NYSE:MKC) Aren't Appealing

Aug 12
Return Trends At McCormick (NYSE:MKC) Aren't Appealing

McCormick: Spice Up Your Port, We See It Heading Higher

Jun 26

McCormick (NYSE:MKC) Has A Pretty Healthy Balance Sheet

May 09
McCormick (NYSE:MKC) Has A Pretty Healthy Balance Sheet

McCormick: Slow And Steady

Mar 25

McCormick Q1 Preview: Expanding Flavor Solutions Margin, Initiating With 'Buy'

Mar 18

Returns At McCormick (NYSE:MKC) Appear To Be Weighed Down

Feb 22
Returns At McCormick (NYSE:MKC) Appear To Be Weighed Down

Here's Why We Think McCormick (NYSE:MKC) Might Deserve Your Attention Today

Feb 10
Here's Why We Think McCormick (NYSE:MKC) Might Deserve Your Attention Today

McCormick: Visible Neat-Term Headwinds Prevent Me From Upgrading To Buy

Jan 25

Are Investors Undervaluing McCormick & Company, Incorporated (NYSE:MKC) By 43%?

Jan 06
Are Investors Undervaluing McCormick & Company, Incorporated (NYSE:MKC) By 43%?

Earnings Not Telling The Story For McCormick & Company, Incorporated (NYSE:MKC)

Dec 22
Earnings Not Telling The Story For McCormick & Company, Incorporated (NYSE:MKC)

McCormick (NYSE:MKC) Has A Pretty Healthy Balance Sheet

Dec 07
McCormick (NYSE:MKC) Has A Pretty Healthy Balance Sheet

McCormick's (NYSE:MKC) Shareholders Will Receive A Bigger Dividend Than Last Year

Dec 07
McCormick's (NYSE:MKC) Shareholders Will Receive A Bigger Dividend Than Last Year

McCormick's (NYSE:MKC) Upcoming Dividend Will Be Larger Than Last Year's

Nov 23
McCormick's (NYSE:MKC) Upcoming Dividend Will Be Larger Than Last Year's

McCormick: Valuation Already Pricing In Normalized EPS Growth

Oct 03

McCormick Q3 Earnings Preview: Why I Reiterate My Sell Rating

Sep 26

McCormick & Company, Incorporated (NYSE:MKC) Shares Could Be 25% Below Their Intrinsic Value Estimate

Sep 16
McCormick & Company, Incorporated (NYSE:MKC) Shares Could Be 25% Below Their Intrinsic Value Estimate

Is McCormick (NYSE:MKC) Using Too Much Debt?

Aug 30
Is McCormick (NYSE:MKC) Using Too Much Debt?

McCormick & Company: Offers Consistency In Volatile Markets But Overvalued

May 03

McCormick & Company: Potential Recovery In Margins

Apr 07

McCormick: Dividend Growth And Expenses Reduction Imply Undervaluation

Mar 29

McCormick Q4 Earnings Preview: Favorable Ingredients For A Rebound (Rating Upgrade)

Jan 23

McCormick & Company: Transforming Into A Consumer Discretionary Firm Amid Supply Challenges

Jan 16

Down 40%, Dividend Aristocrat McCormick Offers Attractive Long-Term Value

Dec 07

McCormick's Goodwill Has Started To Be Worrying

Nov 20

Hold McCormick To Spice Up A Dividend Portfolio, Until Profits Heat Up Again

Nov 07

McCormick Q3 Earnings Preview: A Focus On Volume As Pricing Momentum Expected To Fade

Sep 30

McCormick: A Dividend Gem Awaiting The Right Price

Aug 23

McCormick: Raised FY23 Profit Outlook, But High Valuation

Jul 17

Shareholder Returns

MKCUS FoodUS Market
7D2.2%1.8%0.2%
1Y-11.0%-13.0%15.5%

Return vs Industry: MKC matched the US Food industry which returned -11.9% over the past year.

Return vs Market: MKC underperformed the US Market which returned 15.9% over the past year.

Price Volatility

Is MKC's price volatile compared to industry and market?
MKC volatility
MKC Average Weekly Movement3.1%
Food Industry Average Movement4.7%
Market Average Movement6.5%
10% most volatile stocks in US Market17.4%
10% least volatile stocks in US Market3.0%

Stable Share Price: MKC has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: MKC's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
188914,100Brendan Foleywww.mccormickcorporation.com

McCormick & Company, Incorporated manufactures, markets, and distributes spices, seasoning mixes, condiments, and other flavorful products to the food industry. It operates in two segments, Consumer and Flavor Solutions. The Consumer segment offers spices, herbs, and seasonings, as well as condiments and sauces, and desserts.

McCormick & Company, Incorporated Fundamentals Summary

How do McCormick's earnings and revenue compare to its market cap?
MKC fundamental statistics
Market capUS$18.94b
Earnings (TTM)US$775.60m
Revenue (TTM)US$6.74b
24.4x
P/E Ratio
2.8x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MKC income statement (TTM)
RevenueUS$6.74b
Cost of RevenueUS$4.14b
Gross ProfitUS$2.60b
Other ExpensesUS$1.82b
EarningsUS$775.60m

Last Reported Earnings

May 31, 2025

Next Earnings Date

n/a

Earnings per share (EPS)2.89
Gross Margin38.54%
Net Profit Margin11.50%
Debt/Equity Ratio79.1%

How did MKC perform over the long term?

See historical performance and comparison

Dividends

2.6%
Current Dividend Yield
60%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/08/26 07:38
End of Day Share Price 2025/08/25 00:00
Earnings2025/05/31
Annual Earnings2024/11/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

McCormick & Company, Incorporated is covered by 36 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
John StaszakArgus Research Company
Andrew LazarBarclays
Brett HundleyBB&T Capital Markets