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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US$84.78
FV
8.2% undervalued intrinsic discount3.18%
Revenue growth p.a.
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McCormick & Company, Incorporated Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$77.79 |
| 52 Week High | US$85.49 |
| 52 Week Low | US$63.67 |
| Beta | 0.76 |
| 11 Month Change | -0.69% |
| 3 Month Change | -1.57% |
| 1 Year Change | 21.02% |
| 33 Year Change | -10.12% |
| 5 Year Change | -9.21% |
| Change since IPO | 8,197.60% |
Recent News & Updates
McCormick's (NYSE:MKC) Upcoming Dividend Will Be Larger Than Last Year's
Nov 23
McCormick: Valuation Already Pricing In Normalized EPS Growth
Oct 03Recent updates
McCormick'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 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 13Shareholder Returns
| MKC | US Food | US Market | |
|---|---|---|---|
| 7D | 0.9% | 2.8% | 2.0% |
| 1Y | 21.0% | 2.6% | 32.4% |
Return vs Industry: MKC exceeded the US Food industry which returned 2.6% over the past year.
Return vs Market: MKC underperformed the US Market which returned 32.4% over the past year.
Price Volatility
| MKC volatility | |
|---|---|
| MKC Average Weekly Movement | 2.4% |
| Food Industry Average Movement | 5.0% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 15.9% |
| 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 (2%) 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$20.87b |
| Earnings (TTM) | US$792.60m |
| Revenue (TTM) | US$6.68b |
26.3x
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 | 32 days |
| Days until Dividend pay date | 46 days |
Does MKC pay a reliable dividends?
See MKC dividend history and benchmarks