MCX Stock Overview
Manufactures, markets, and distributes spices, seasoning mixes, condiments, and other flavorful products to the food industry. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 2/6 |
| Past Performance | 1/6 |
| Financial Health | 3/6 |
| Dividends | 5/6 |
My Notes
Capture your thoughts, links and company narrative
McCormick & Company, Incorporated Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$77.16 |
| 52 Week High | US$77.72 |
| 52 Week Low | US$77.16 |
| Beta | 0.69 |
| 1 Month Change | 0% |
| 3 Month Change | -1.59% |
| 1 Year Change | -4.22% |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | -2.83% |
Recent News & Updates
Recent updates
Shareholder Returns
| MCX | BG Food | BG Market | |
|---|---|---|---|
| 7D | 0% | -0.3% | 0.5% |
| 1Y | -4.2% | -11.5% | 12.5% |
Return vs Industry: MCX underperformed the BG Food industry which returned -2.1% over the past year.
Return vs Market: MCX underperformed the BG Market which returned 10.8% over the past year.
Price Volatility
| MCX volatility | |
|---|---|
| MCX Average Weekly Movement | n/a |
| Food Industry Average Movement | 4.0% |
| Market Average Movement | 4.2% |
| 10% most volatile stocks in BG Market | 7.6% |
| 10% least volatile stocks in BG Market | 2.5% |
Stable Share Price: MCX has not had significant price volatility in the past 3 months.
Volatility Over Time: Insufficient data to determine MCX's volatility change over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1889 | 14,200 | Brendan Foley | www.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
| MCX fundamental statistics | |
|---|---|
| Market cap | €16.34b |
| Earnings (TTM) | €593.17m |
| Revenue (TTM) | €6.06b |
27.5x
P/E Ratio2.7x
P/S RatioIs MCX overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MCX income statement (TTM) | |
|---|---|
| Revenue | US$6.61b |
| Cost of Revenue | US$4.18b |
| Gross Profit | US$2.43b |
| Other Expenses | US$1.78b |
| Earnings | US$647.00m |
Last Reported Earnings
Aug 31, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | 2.41 |
| Gross Margin | 36.72% |
| Net Profit Margin | 9.80% |
| Debt/Equity Ratio | 95.3% |
How did MCX perform over the long term?
See historical performance and comparisonDividends
2.4%
Current Dividend Yield64%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/11/18 10:38 |
| End of Day Share Price | 2023/08/21 00:00 |
| Earnings | 2023/08/31 |
| Annual Earnings | 2022/11/30 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| John Staszak | Argus Research Company |
| Ishan Majumdar | Baptista Research |
| Andrew Lazar | Barclays |