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McCormick NYSE:MKC Stock Report

Last Price

US$72.21

Market Cap

US$19.2b

7D

-2.8%

1Y

-16.9%

Updated

27 May, 2024

Data

Company Financials +

McCormick & Company, Incorporated

NYSE:MKC Stock Report

Market Cap: US$19.2b

MKC Stock Overview

Manufactures, markets, and distributes spices, seasoning mixes, condiments, and other flavorful products to the food industry.

MKC fundamental analysis
Snowflake Score
Valuation2/6
Future Growth1/6
Past Performance3/6
Financial Health3/6
Dividends5/6

McCormick & Company, Incorporated Competitors

Price History & Performance

Summary of all time highs, changes and price drops for McCormick
Historical stock prices
Current Share PriceUS$72.21
52 Week HighUS$94.39
52 Week LowUS$59.13
Beta0.72
1 Month Change-4.65%
3 Month Change6.44%
1 Year Change-16.93%
3 Year Change-18.92%
5 Year Change-8.07%
Change since IPO7,602.40%

Recent News & Updates

Recent updates

McCormick (NYSE:MKC) Has A Pretty Healthy Balance Sheet

May 21
McCormick (NYSE:MKC) Has A Pretty Healthy Balance Sheet

McCormick & Company: Offers Consistency In Volatile Markets But Overvalued

May 03

McCormick's (NYSE:MKC) Returns Have Hit A Wall

May 01
McCormick's (NYSE:MKC) Returns Have Hit A Wall

McCormick & Company: Potential Recovery In Margins

Apr 07

McCormick: Dividend Growth And Expenses Reduction Imply Undervaluation

Mar 29

Results: McCormick & Company, Incorporated Exceeded Expectations And The Consensus Has Updated Its Estimates

Mar 28
Results: McCormick & Company, Incorporated Exceeded Expectations And The Consensus Has Updated Its Estimates

An Intrinsic Calculation For McCormick & Company, Incorporated (NYSE:MKC) Suggests It's 24% Undervalued

Mar 14
An Intrinsic Calculation For McCormick & Company, Incorporated (NYSE:MKC) Suggests It's 24% Undervalued

McCormick & Company, Incorporated (NYSE:MKC) Annual Results: Here's What Analysts Are Forecasting For This Year

Jan 27
McCormick & Company, Incorporated (NYSE:MKC) Annual Results: Here's What Analysts Are Forecasting For This Year

McCormick Q4 Earnings Preview: Favorable Ingredients For A Rebound (Rating Upgrade)

Jan 23

McCormick & Company: Transforming Into A Consumer Discretionary Firm Amid Supply Challenges

Jan 16

Subdued Growth No Barrier To McCormick & Company, Incorporated's (NYSE:MKC) Price

Jan 15
Subdued Growth No Barrier To McCormick & Company, Incorporated's (NYSE:MKC) Price

Here's Why McCormick (NYSE:MKC) Can Manage Its Debt Responsibly

Dec 31
Here's Why McCormick (NYSE:MKC) Can Manage Its Debt Responsibly

McCormick's (NYSE:MKC) Upcoming Dividend Will Be Larger Than Last Year's

Dec 13
McCormick's (NYSE:MKC) Upcoming Dividend Will Be Larger Than Last Year's

Down 40%, Dividend Aristocrat McCormick Offers Attractive Long-Term Value

Dec 07

Is There An Opportunity With McCormick & Company, Incorporated's (NYSE:MKC) 42% Undervaluation?

Dec 04
Is There An Opportunity With McCormick & Company, Incorporated's (NYSE:MKC) 42% Undervaluation?

McCormick's Goodwill Has Started To Be Worrying

Nov 20

McCormick (NYSE:MKC) Hasn't Managed To Accelerate Its Returns

Nov 19
McCormick (NYSE:MKC) Hasn't Managed To Accelerate Its Returns

Hold McCormick To Spice Up A Dividend Portfolio, Until Profits Heat Up Again

Nov 07

McCormick Q3 Earnings Preview: A Focus On Volume As Pricing Momentum Expected To Fade

Sep 30

Does McCormick (NYSE:MKC) Have A Healthy Balance Sheet?

Sep 15
Does McCormick (NYSE:MKC) Have A Healthy Balance Sheet?

McCormick: A Dividend Gem Awaiting The Right Price

Aug 23

Calculating The Fair Value Of McCormick & Company, Incorporated (NYSE:MKC)

Aug 21
Calculating The Fair Value Of McCormick & Company, Incorporated (NYSE:MKC)

The Returns At McCormick (NYSE:MKC) Aren't Growing

Aug 06
The Returns At McCormick (NYSE:MKC) Aren't Growing

McCormick: Raised FY23 Profit Outlook, But High Valuation

Jul 17

Is McCormick (NYSE:MKC) A Risky Investment?

Jun 17
Is McCormick (NYSE:MKC) A Risky Investment?

McCormick: Valuation Dooms Stock Performance In The Mid Term

May 30

McCormick & Company, Incorporated's (NYSE:MKC) Intrinsic Value Is Potentially 20% Below Its Share Price

May 18
McCormick & Company, Incorporated's (NYSE:MKC) Intrinsic Value Is Potentially 20% Below Its Share Price

McCormick (NYSE:MKC) Hasn't Managed To Accelerate Its Returns

May 03
McCormick (NYSE:MKC) Hasn't Managed To Accelerate Its Returns

McCormick (NYSE:MKC) Is Increasing Its Dividend To $0.39

Apr 05
McCormick (NYSE:MKC) Is Increasing Its Dividend To $0.39

Most Shareholders Will Probably Agree With McCormick & Company, Incorporated's (NYSE:MKC) CEO Compensation

Mar 23
Most Shareholders Will Probably Agree With McCormick & Company, Incorporated's (NYSE:MKC) CEO Compensation

We Think McCormick (NYSE:MKC) Is Taking Some Risk With Its Debt

Feb 24
We Think McCormick (NYSE:MKC) Is Taking Some Risk With Its Debt

McCormick Non-GAAP EPS of $0.73 misses by $0.14, revenue of $1.69B misses by $80M

Jan 26

McCormick: Too Spicy For Any Portfolio

Jan 05

Estimating The Intrinsic Value Of McCormick & Company, Incorporated (NYSE:MKC)

Jan 02
Estimating The Intrinsic Value Of McCormick & Company, Incorporated (NYSE:MKC)

Returns Are Gaining Momentum At McCormick (NYSE:MKC)

Dec 20
Returns Are Gaining Momentum At McCormick (NYSE:MKC)

McCormick: The Good, The Bad, And The (Somewhat) Ugly

Dec 16

Is McCormick (NYSE:MKC) Using Too Much Debt?

Oct 26
Is McCormick (NYSE:MKC) Using Too Much Debt?

McCormick & Company: Key Takeaways From The Latest Earnings

Oct 13

McCormick Non-GAAP EPS of $0.69 misses by $0.03, revenue of $1.6B beats by $10M

Oct 06

McCormick declares $0.37 dividend

Sep 29

Calculating The Intrinsic Value Of McCormick & Company, Incorporated (NYSE:MKC)

Sep 12
Calculating The Intrinsic Value Of McCormick & Company, Incorporated (NYSE:MKC)

McCormick: Too Spicy For Me

Sep 11

These 4 Measures Indicate That McCormick (NYSE:MKC) Is Using Debt Extensively

Jul 18
These 4 Measures Indicate That McCormick (NYSE:MKC) Is Using Debt Extensively

McCormick Stock: Not The Most Flavorful Prospect Out There

Jul 08

McCormick misses Q2 expectation, cuts FY2022 outlook

Jun 29

Is There An Opportunity With McCormick & Company, Incorporated's (NYSE:MKC) 38% Undervaluation?

Jun 13
Is There An Opportunity With McCormick & Company, Incorporated's (NYSE:MKC) 38% Undervaluation?

Why McCormick Is Substantially Overvalued

May 16

Shareholder Returns

MKCUS FoodUS Market
7D-2.8%-2.2%-0.3%
1Y-16.9%-9.8%25.6%

Return vs Industry: MKC underperformed the US Food industry which returned -9.8% over the past year.

Return vs Market: MKC underperformed the US Market which returned 25.6% over the past year.

Price Volatility

Is MKC's price volatile compared to industry and market?
MKC volatility
MKC Average Weekly Movement3.8%
Food Industry Average Movement4.4%
Market Average Movement5.9%
10% most volatile stocks in US Market16.0%
10% least volatile stocks in US Market2.8%

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

FoundedEmployeesCEOWebsite
188913,800Brendan Foleywww.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

How do McCormick's earnings and revenue compare to its market cap?
MKC fundamental statistics
Market capUS$19.23b
Earnings (TTM)US$707.50m
Revenue (TTM)US$6.70b

27.2x

P/E Ratio

2.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MKC income statement (TTM)
RevenueUS$6.70b
Cost of RevenueUS$4.16b
Gross ProfitUS$2.54b
Other ExpensesUS$1.83b
EarningsUS$707.50m

Last Reported Earnings

Feb 29, 2024

Next Earnings Date

n/a

Earnings per share (EPS)2.66
Gross Margin37.90%
Net Profit Margin10.56%
Debt/Equity Ratio85.8%

How did MKC perform over the long term?

See historical performance and comparison

Dividends

2.3%

Current Dividend Yield

60%

Payout Ratio
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