MKC 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 | 1/6 |
| Past Performance | 4/6 |
| Financial Health | 3/6 |
| Dividends | 5/6 |
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McCormick & Company, Incorporated Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$78.03 |
| 52 Week High | US$85.49 |
| 52 Week Low | US$63.88 |
| Beta | 0.75 |
| 1 Month Change | 0.58% |
| 3 Month Change | -6.42% |
| 1 Year Change | 14.48% |
| 3 Year Change | -17.83% |
| 5 Year Change | -8.05% |
| Change since IPO | 8,223.20% |
Recent News & Updates
Earnings Not Telling The Story For McCormick & Company, Incorporated (NYSE:MKC)
Dec 22
McCormick (NYSE:MKC) Has A Pretty Healthy Balance Sheet
Dec 07McCormick's (NYSE:MKC) Shareholders Will Receive A Bigger Dividend Than Last Year
Dec 07Recent updates
Earnings Not Telling The Story For McCormick & Company, Incorporated (NYSE:MKC)
Dec 22McCormick (NYSE:MKC) Has A Pretty Healthy Balance Sheet
Dec 07McCormick's (NYSE:MKC) Shareholders Will Receive A Bigger Dividend Than Last Year
Dec 07McCormick's (NYSE:MKC) Upcoming Dividend Will Be Larger Than Last Year's
Nov 23McCormick: Valuation Already Pricing In Normalized EPS Growth
Oct 03McCormick Q3 Earnings Preview: Why I Reiterate My Sell Rating
Sep 26McCormick & Company, Incorporated (NYSE:MKC) Shares Could Be 25% Below Their Intrinsic Value Estimate
Sep 16Is McCormick (NYSE:MKC) Using Too Much Debt?
Aug 30McCormick & Company, Incorporated's (NYSE:MKC) Share Price Could Signal Some Risk
Aug 16Here's What To Make Of McCormick's (NYSE:MKC) Decelerating Rates Of Return
Aug 01McCormick & Company, Incorporated Just Recorded A 15% EPS Beat: Here's What Analysts Are Forecasting Next
Jun 29McCormick (NYSE:MKC) Has A Pretty Healthy Balance Sheet
May 21McCormick & Company: Offers Consistency In Volatile Markets But Overvalued
May 03McCormick's (NYSE:MKC) Returns Have Hit A Wall
May 01McCormick & 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 31Down 40%, Dividend Aristocrat McCormick Offers Attractive Long-Term Value
Dec 07McCormick's Goodwill Has Started To Be Worrying
Nov 20Hold 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 30McCormick: A Dividend Gem Awaiting The Right Price
Aug 23McCormick: Raised FY23 Profit Outlook, But High Valuation
Jul 17McCormick: Valuation Dooms Stock Performance In The Mid Term
May 30McCormick 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 05McCormick: The Good, The Bad, And The (Somewhat) Ugly
Dec 16Shareholder Returns
| MKC | US Food | US Market | |
|---|---|---|---|
| 7D | -2.8% | -3.1% | -0.4% |
| 1Y | 14.5% | -5.4% | 24.8% |
Return vs Industry: MKC exceeded the US Food industry which returned -5.4% over the past year.
Return vs Market: MKC underperformed the US Market which returned 24.8% over the past year.
Price Volatility
| MKC volatility | |
|---|---|
| MKC Average Weekly Movement | 2.6% |
| Food Industry Average Movement | 5.1% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 17.0% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: MKC has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: MKC's weekly volatility (3%) 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$20.94b |
| Earnings (TTM) | US$792.60m |
| Revenue (TTM) | US$6.68b |
26.4x
P/E Ratio3.1x
P/S RatioIs MKC overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MKC income statement (TTM) | |
|---|---|
| Revenue | US$6.68b |
| Cost of Revenue | US$4.11b |
| Gross Profit | US$2.57b |
| Other Expenses | US$1.78b |
| Earnings | US$792.60m |
Last Reported Earnings
Aug 31, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 2.95 |
| Gross Margin | 38.48% |
| Net Profit Margin | 11.87% |
| Debt/Equity Ratio | 84.8% |
How did MKC perform over the long term?
See historical performance and comparisonDividends
2.2%
Current Dividend Yield56%
Payout RatioDoes MKC pay a reliable dividends?
See MKC dividend history and benchmarks| McCormick dividend dates | |
|---|---|
| Ex Dividend Date | Dec 30 2024 |
| Dividend Pay Date | Jan 13 2025 |
| Days until Ex dividend | 5 days |
| Days until Dividend pay date | 19 days |
Does MKC pay a reliable dividends?
See MKC dividend history and benchmarksCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 03:57 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/08/31 |
| Annual Earnings | 2023/11/30 |
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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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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. 15 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 |