MKC Stock Overview
McCormick & Company, Incorporated manufactures, markets, and distributes spices, seasoning mixes, condiments, and other flavorful products to the food industry.
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 1/6 |
| Past Performance | 3/6 |
| Financial Health | 3/6 |
| Dividends | 5/6 |
McCormick & Company, Incorporated Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$71.91 |
| 52 Week High | US$94.39 |
| 52 Week Low | US$59.13 |
| Beta | 0.73 |
| 1 Month Change | 5.49% |
| 3 Month Change | 10.33% |
| 1 Year Change | -15.91% |
| 3 Year Change | -19.07% |
| 5 Year Change | -5.80% |
| Change since IPO | 7,570.40% |
Recent News & Updates
McCormick & Company: Potential Recovery In Margins
Apr 07McCormick: Dividend Growth And Expenses Reduction Imply Undervaluation
Mar 29Results: McCormick & Company, Incorporated Exceeded Expectations And The Consensus Has Updated Its Estimates
Mar 28
Recent updates
McCormick & Company: Potential Recovery In Margins
Apr 07McCormick: Dividend Growth And Expenses Reduction Imply Undervaluation
Mar 29Results: McCormick & Company, Incorporated Exceeded Expectations And The Consensus Has Updated Its Estimates
Mar 28An Intrinsic Calculation For McCormick & Company, Incorporated (NYSE:MKC) Suggests It's 24% Undervalued
Mar 14McCormick & Company, Incorporated (NYSE:MKC) Annual Results: Here's What Analysts Are Forecasting For This Year
Jan 27McCormick Q4 Earnings Preview: Favorable Ingredients For A Rebound (Rating Upgrade)
Jan 23McCormick & Company: Transforming Into A Consumer Discretionary Firm Amid Supply Challenges
Jan 16Subdued Growth No Barrier To McCormick & Company, Incorporated's (NYSE:MKC) Price
Jan 15Here's Why McCormick (NYSE:MKC) Can Manage Its Debt Responsibly
Dec 31McCormick's (NYSE:MKC) Upcoming Dividend Will Be Larger Than Last Year's
Dec 13Down 40%, Dividend Aristocrat McCormick Offers Attractive Long-Term Value
Dec 07Is There An Opportunity With McCormick & Company, Incorporated's (NYSE:MKC) 42% Undervaluation?
Dec 04McCormick's Goodwill Has Started To Be Worrying
Nov 20McCormick (NYSE:MKC) Hasn't Managed To Accelerate Its Returns
Nov 19Hold McCormick To Spice Up A Dividend Portfolio, Until Profits Heat Up Again
Nov 07McCormick Q3 Earnings Preview: A Focus On Volume As Pricing Momentum Expected To Fade
Sep 30Does McCormick (NYSE:MKC) Have A Healthy Balance Sheet?
Sep 15McCormick: A Dividend Gem Awaiting The Right Price
Aug 23Calculating The Fair Value Of McCormick & Company, Incorporated (NYSE:MKC)
Aug 21The Returns At McCormick (NYSE:MKC) Aren't Growing
Aug 06McCormick: Raised FY23 Profit Outlook, But High Valuation
Jul 17Is McCormick (NYSE:MKC) A Risky Investment?
Jun 17McCormick: Valuation Dooms Stock Performance In The Mid Term
May 30McCormick & Company, Incorporated's (NYSE:MKC) Intrinsic Value Is Potentially 20% Below Its Share Price
May 18McCormick (NYSE:MKC) Hasn't Managed To Accelerate Its Returns
May 03McCormick (NYSE:MKC) Is Increasing Its Dividend To $0.39
Apr 05Most Shareholders Will Probably Agree With McCormick & Company, Incorporated's (NYSE:MKC) CEO Compensation
Mar 23We Think McCormick (NYSE:MKC) Is Taking Some Risk With Its Debt
Feb 24McCormick Non-GAAP EPS of $0.73 misses by $0.14, revenue of $1.69B misses by $80M
Jan 26McCormick: Too Spicy For Any Portfolio
Jan 05Estimating The Intrinsic Value Of McCormick & Company, Incorporated (NYSE:MKC)
Jan 02Returns Are Gaining Momentum At McCormick (NYSE:MKC)
Dec 20McCormick: The Good, The Bad, And The (Somewhat) Ugly
Dec 16Is McCormick (NYSE:MKC) Using Too Much Debt?
Oct 26McCormick & Company: Key Takeaways From The Latest Earnings
Oct 13McCormick Non-GAAP EPS of $0.69 misses by $0.03, revenue of $1.6B beats by $10M
Oct 06McCormick declares $0.37 dividend
Sep 29Calculating The Intrinsic Value Of McCormick & Company, Incorporated (NYSE:MKC)
Sep 12McCormick: Too Spicy For Me
Sep 11These 4 Measures Indicate That McCormick (NYSE:MKC) Is Using Debt Extensively
Jul 18McCormick Stock: Not The Most Flavorful Prospect Out There
Jul 08McCormick misses Q2 expectation, cuts FY2022 outlook
Jun 29Is There An Opportunity With McCormick & Company, Incorporated's (NYSE:MKC) 38% Undervaluation?
Jun 13Why McCormick Is Substantially Overvalued
May 16McCormick & Company, Incorporated (NYSE:MKC) Shares Could Be 28% Above Their Intrinsic Value Estimate
Mar 07Shareholder Returns
| MKC | US Food | US Market | |
|---|---|---|---|
| 7D | -4.9% | -3.3% | -3.1% |
| 1Y | -15.9% | -14.5% | 20.9% |
Return vs Industry: MKC underperformed the US Food industry which returned -14.5% over the past year.
Return vs Market: MKC underperformed the US Market which returned 20.9% over the past year.
Price Volatility
| MKC volatility | |
|---|---|
| MKC Average Weekly Movement | 4.4% |
| Food Industry Average Movement | 4.9% |
| Market Average Movement | 6.1% |
| 10% most volatile stocks in US Market | 16.7% |
| 10% least volatile stocks in US Market | 3.0% |
Stable Share Price: MKC has not had significant price volatility in the past 3 months.
Volatility Over Time: MKC's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1889 | 13,800 | 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
| MKC fundamental statistics | |
|---|---|
| Market cap | US$19.09b |
| Earnings (TTM) | US$707.50m |
| Revenue (TTM) | US$6.70b |
27.0x
P/E Ratio2.9x
P/S RatioIs MKC overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MKC income statement (TTM) | |
|---|---|
| Revenue | US$6.70b |
| Cost of Revenue | US$4.16b |
| Gross Profit | US$2.54b |
| Other Expenses | US$1.83b |
| Earnings | US$707.50m |
Last Reported Earnings
Feb 29, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 2.66 |
| Gross Margin | 37.90% |
| Net Profit Margin | 10.56% |
| Debt/Equity Ratio | 85.8% |
How did MKC perform over the long term?
See historical performance and comparison