McCormick Future Growth
Future criteria checks 2/6
McCormick is forecast to grow earnings and revenue by 5.8% and 3.1% per annum respectively. EPS is expected to grow by 6.6% per annum. Return on equity is forecast to be 15.4% in 3 years.
Key information
5.8%
Earnings growth rate
6.6%
EPS growth rate
Food earnings growth | 10.1% |
Revenue growth rate | 3.1% |
Future return on equity | 15.4% |
Analyst coverage | Good |
Last updated | 25 Oct 2024 |
Recent future growth updates
Recent updates
Earnings and Revenue Growth Forecasts
Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
---|---|---|---|---|---|
11/30/2026 | 7,099 | 895 | 999 | 1,212 | 11 |
11/30/2025 | 6,877 | 833 | 933 | 1,149 | 15 |
11/30/2024 | 6,693 | 785 | 707 | 1,022 | 15 |
8/31/2024 | 6,679 | 793 | 774 | 1,040 | N/A |
5/31/2024 | 6,683 | 740 | 869 | 1,145 | N/A |
2/29/2024 | 6,699 | 708 | 1,008 | 1,272 | N/A |
11/30/2023 | 6,662 | 681 | 973 | 1,237 | N/A |
8/31/2023 | 6,605 | 647 | 779 | 1,062 | N/A |
5/31/2023 | 6,516 | 700 | 614 | 891 | N/A |
2/28/2023 | 6,394 | 666 | 471 | 737 | N/A |
11/30/2022 | 6,351 | 682 | 403 | 652 | N/A |
8/31/2022 | 6,385 | 694 | 464 | 706 | N/A |
5/31/2022 | 6,339 | 683 | 499 | 754 | N/A |
2/28/2022 | 6,359 | 748 | 605 | 878 | N/A |
11/30/2021 | 6,318 | 755 | 550 | 828 | N/A |
8/31/2021 | 6,146 | 759 | 518 | 788 | N/A |
5/31/2021 | 6,026 | 752 | 664 | 915 | N/A |
2/28/2021 | 5,871 | 765 | 729 | 964 | N/A |
11/30/2020 | 5,601 | 747 | 816 | 1,041 | N/A |
8/31/2020 | 5,528 | 760 | 867 | 1,079 | N/A |
5/31/2020 | 5,427 | 746 | 781 | 988 | N/A |
2/29/2020 | 5,328 | 699 | 701 | 888 | N/A |
11/30/2019 | 5,347 | 703 | 773 | 947 | N/A |
8/31/2019 | 5,331 | 703 | 763 | 927 | N/A |
5/31/2019 | 5,320 | 685 | 737 | 901 | N/A |
2/28/2019 | 5,319 | 659 | 782 | 945 | N/A |
11/30/2018 | 5,303 | 933 | 652 | 821 | N/A |
8/31/2018 | 5,326 | 895 | 715 | 901 | N/A |
5/31/2018 | 5,193 | 830 | N/A | 873 | N/A |
2/28/2018 | 5,006 | 807 | N/A | 751 | N/A |
11/30/2017 | 4,730 | 477 | N/A | 815 | N/A |
8/31/2017 | 4,570 | 459 | N/A | 639 | N/A |
5/31/2017 | 4,476 | 479 | N/A | 623 | N/A |
2/28/2017 | 4,425 | 472 | N/A | 624 | N/A |
11/30/2016 | 4,412 | 472 | N/A | 658 | N/A |
8/31/2016 | 4,386 | 464 | N/A | 596 | N/A |
5/31/2016 | 4,355 | 434 | N/A | 617 | N/A |
2/29/2016 | 4,316 | 425 | N/A | 573 | N/A |
11/30/2015 | 4,296 | 402 | N/A | 590 | N/A |
8/31/2015 | 4,268 | 400 | N/A | 544 | N/A |
5/31/2015 | 4,251 | 426 | N/A | 507 | N/A |
2/28/2015 | 4,260 | 426 | N/A | 523 | N/A |
11/30/2014 | 4,243 | 438 | N/A | 504 | N/A |
8/31/2014 | 4,240 | 420 | N/A | 514 | N/A |
5/31/2014 | 4,213 | 401 | N/A | 515 | N/A |
2/28/2014 | 4,182 | 396 | N/A | 510 | N/A |
11/30/2013 | 4,123 | 389 | N/A | 465 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MKC's forecast earnings growth (5.8% per year) is above the savings rate (1.4%).
Earnings vs Market: MKC's earnings (5.8% per year) are forecast to grow slower than the Austrian market (9.1% per year).
High Growth Earnings: MKC's earnings are forecast to grow, but not significantly.
Revenue vs Market: MKC's revenue (3.1% per year) is forecast to grow faster than the Austrian market (0.7% per year).
High Growth Revenue: MKC's revenue (3.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MKC's Return on Equity is forecast to be low in 3 years time (15.4%).