McCormick & Company, Incorporated

BOVESPA:M1KC34 Stock Report

Market Cap: R$126.7b

McCormick Past Earnings Performance

Past criteria checks 3/6

McCormick's earnings have been declining at an average annual rate of -0.6%, while the Food industry saw earnings growing at 9.4% annually. Revenues have been growing at an average rate of 5.1% per year. McCormick's return on equity is 14.5%, and it has net margins of 11.9%.

Key information

-0.6%

Earnings growth rate

-0.9%

EPS growth rate

Food Industry Growth26.9%
Revenue growth rate5.1%
Return on equity14.5%
Net Margin11.9%
Last Earnings Update31 Aug 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How McCormick makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

BOVESPA:M1KC34 Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Aug 246,6797931,39395
31 May 246,6837401,40395
29 Feb 246,6997081,39995
30 Nov 236,6626811,37395
31 Aug 236,6056471,33788
31 May 236,5167001,29488
28 Feb 236,3946661,26388
30 Nov 226,3516821,26088
31 Aug 226,3856941,31387
31 May 226,3396831,31387
28 Feb 226,3597481,32287
30 Nov 216,3187551,31087
31 Aug 216,1467591,30069
31 May 216,0267521,28969
28 Feb 215,8717651,25169
30 Nov 205,6017471,20369
31 Aug 205,5287601,15967
31 May 205,4277461,11867
29 Feb 205,3286991,09067
30 Nov 195,3477031,08267
31 Aug 195,3317031,06569
31 May 195,3206851,07169
28 Feb 195,3196591,08069
30 Nov 185,3039331,08269
31 Aug 185,3268951,15666
31 May 185,1938301,16266
28 Feb 185,0068071,17166
30 Nov 174,73047796366
31 Aug 174,5704591,12861
31 May 174,4764791,11161
28 Feb 174,4254721,10761
30 Nov 164,4124721,11461
31 Aug 164,3864641,09061
31 May 164,3554341,09261
29 Feb 164,3164251,07061
30 Nov 154,2964021,06361
31 Aug 154,2684001,06262
31 May 154,2514261,05162
28 Feb 154,2604261,06162
30 Nov 144,2434381,06062
31 Aug 144,2404201,04561
31 May 144,2134011,04361
28 Feb 144,1823961,02761

Quality Earnings: M1KC34 has high quality earnings.

Growing Profit Margin: M1KC34's current net profit margins (11.9%) are higher than last year (9.8%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: M1KC34's earnings have declined by 0.6% per year over the past 5 years.

Accelerating Growth: M1KC34's earnings growth over the past year (22.5%) exceeds its 5-year average (-0.6% per year).

Earnings vs Industry: M1KC34 earnings growth over the past year (22.5%) did not outperform the Food industry 27%.


Return on Equity

High ROE: M1KC34's Return on Equity (14.5%) is considered low.


Return on Assets


Return on Capital Employed


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