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McCormick WBAG:MKC Stock Report

Last Price

€75.60

Market Cap

€20.1b

7D

-2.0%

1Y

20.7%

Updated

20 Dec, 2024

Data

Company Financials +

McCormick & Company, Incorporated

WBAG:MKC Stock Report

Market Cap: €20.1b

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 Growth2/6
Past Performance4/6
Financial Health3/6
Dividends4/6

My Notes

Capture your thoughts, links and company narrative

McCormick & Company, Incorporated Competitors

Price History & Performance

Summary of share price highs, lows and changes for McCormick
Historical stock prices
Current Share PriceUS$75.60
52 Week HighUS$78.16
52 Week LowUS$59.12
Beta0.75
1 Month Change4.62%
3 Month Change1.45%
1 Year Change20.73%
3 Year Change-8.50%
5 Year Change-1.32%
Change since IPO11.38%

Recent News & Updates

Recent updates

Shareholder Returns

MKCAT FoodAT Market
7D-2.0%-2.2%-1.4%
1Y20.7%-11.7%-1.6%

Return vs Industry: MKC exceeded the Austrian Food industry which returned -11.3% over the past year.

Return vs Market: MKC exceeded the Austrian Market which returned -1.9% over the past year.

Price Volatility

Is MKC's price volatile compared to industry and market?
MKC volatility
MKC Average Weekly Movement2.5%
Food Industry Average Movement4.0%
Market Average Movement3.8%
10% most volatile stocks in AT Market6.2%
10% least volatile stocks in AT Market2.1%

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

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

About the Company

FoundedEmployeesCEOWebsite
188913,800Brendan 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 cap€20.13b
Earnings (TTM)€759.63m
Revenue (TTM)€6.40b

26.7x

P/E Ratio

3.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MKC income statement (TTM)
RevenueUS$6.68b
Cost of RevenueUS$4.11b
Gross ProfitUS$2.57b
Other ExpensesUS$1.78b
EarningsUS$792.60m

Last Reported Earnings

Aug 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)2.95
Gross Margin38.48%
Net Profit Margin11.87%
Debt/Equity Ratio84.8%

How did MKC perform over the long term?

See historical performance and comparison

Dividends

2.1%

Current Dividend Yield

56%

Payout Ratio

Does MKC pay a reliable dividends?

See MKC dividend history and benchmarks
When do you need to buy MKC by to receive an upcoming dividend?
McCormick dividend dates
Ex Dividend DateDec 30 2024
Dividend Pay DateJan 13 2025
Days until Ex dividend8 days
Days until Dividend pay date22 days

Does MKC pay a reliable dividends?

See MKC dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 17:23
End of Day Share Price 2024/12/20 00:00
Earnings2024/08/31
Annual Earnings2023/11/30

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 here.

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 .

Analyst Sources

McCormick & Company, Incorporated is covered by 32 analysts. 15 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
Ishan MajumdarBaptista Research
Andrew LazarBarclays