McCormick Future Growth
Future criteria checks 2/6
McCormick is forecast to grow earnings and revenue by 9.4% and 4% per annum respectively. EPS is expected to grow by 9.7% per annum. Return on equity is forecast to be 16% in 3 years.
Key information
9.4%
Earnings growth rate
9.7%
EPS growth rate
Food earnings growth | 1.2% |
Revenue growth rate | 4.0% |
Future return on equity | 16.0% |
Analyst coverage | Good |
Last updated | 12 Jun 2023 |
Recent future growth updates
Recent updates
Earnings and Revenue Growth Forecasts
Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
---|---|---|---|---|---|
11/30/2025 | 7,194 | 856 | 904 | 1,137 | 10 |
11/30/2024 | 6,982 | 785 | 870 | 1,122 | 12 |
11/30/2023 | 6,761 | 673 | 717 | 1,039 | 13 |
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 | 697 | 873 | N/A |
2/28/2018 | 5,006 | 807 | 566 | 751 | N/A |
11/30/2017 | 4,730 | 477 | 633 | 815 | N/A |
8/31/2017 | 4,570 | 459 | 464 | 639 | N/A |
5/31/2017 | 4,476 | 479 | 457 | 623 | N/A |
2/28/2017 | 4,425 | 472 | 463 | 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 |
8/31/2013 | 4,099 | 408 | N/A | 426 | N/A |
5/31/2013 | 4,060 | 408 | N/A | 443 | N/A |
2/28/2013 | 4,042 | 409 | N/A | 464 | N/A |
11/30/2012 | 4,014 | 408 | N/A | 455 | N/A |
8/31/2012 | 3,979 | 391 | N/A | 511 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MKCV *'s forecast earnings growth (9.4% per year) is above the savings rate (7.6%).
Earnings vs Market: MKCV *'s earnings (9.4% per year) are forecast to grow faster than the MX market (9.2% per year).
High Growth Earnings: MKCV *'s earnings are forecast to grow, but not significantly.
Revenue vs Market: MKCV *'s revenue (4% per year) is forecast to grow slower than the MX market (6.2% per year).
High Growth Revenue: MKCV *'s revenue (4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MKCV *'s Return on Equity is forecast to be low in 3 years time (16%).