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MKC

MKC - McCormick & Co Inc-MD Stock Price, Fair Value and News

74.01USD-0.47 (-0.63%)Market Closed

Market Summary

MKC
USD74.01-0.47
Market Closed
-0.63%

MKC Alerts

  • 1 major insider sales recently.

MKC Stock Price

View Fullscreen

MKC RSI Chart

MKC Valuation

Market Cap

19.9B

Price/Earnings (Trailing)

28.08

Price/Sales (Trailing)

2.97

EV/EBITDA

18.58

Price/Free Cashflow

19.42

MKC Price/Sales (Trailing)

MKC Profitability

EBT Margin

12.44%

Return on Equity

13.52%

Return on Assets

5.49%

Free Cashflow Yield

5.15%

MKC Fundamentals

MKC Revenue

Revenue (TTM)

6.7B

Rev. Growth (Yr)

2.38%

Rev. Growth (Qtr)

-8.56%

MKC Earnings

Earnings (TTM)

707.5M

Earnings Growth (Yr)

19.34%

Earnings Growth (Qtr)

-24.3%

Breaking Down MKC Revenue

Last 7 days

-2.8%

Last 30 days

2.4%

Last 90 days

11.9%

Trailing 12 Months

-16.4%

How does MKC drawdown profile look like?

MKC Financial Health

Current Ratio

0.68

Debt/Equity

0.64

Debt/Cashflow

0.38

MKC Investor Care

Dividend Yield

2.45%

Dividend/Share (TTM)

1.82

Shares Dilution (1Y)

0.07%

Diluted EPS (TTM)

2.62

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20246.7B000
20236.4B6.5B6.6B6.7B
20226.4B6.3B6.4B6.4B
20215.9B6.0B6.1B6.3B
20205.3B5.4B5.5B5.6B
20195.3B5.3B5.3B5.3B
20185.0B5.2B5.3B5.3B
20174.4B4.5B4.6B4.8B
20164.3B4.4B4.4B4.4B
20154.3B4.3B4.3B4.3B
20144.2B4.2B4.2B4.2B
20134.0B4.1B4.1B4.1B
20123.8B3.9B4.0B4.0B
20113.4B3.4B3.6B3.7B
20103.2B3.3B3.3B3.3B
2009003.2B3.2B
20080003.2B
Get all data in R, Python etc through our Historical Stock Data APIs
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Tracking the Latest Insider Buys and Sells of McCormick & Co Inc-MD

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
May 14, 2024
jenkins katherine
sold
-207,390
75.9115
-2,732
chief growth officer
Apr 22, 2024
foley brendan m
acquired
171
75.1824
2.279
president & ceo
Apr 22, 2024
jenkins katherine
sold
-41,368
74.9436
-552
chief growth officer
Apr 22, 2024
foust andrew
acquired
133
75.1824
1.779
president, americas
Apr 22, 2024
foust andrew
acquired
2,195
75.1824
29.205
president, americas
Apr 22, 2024
preston margaret m v
acquired
36,750
75.1824
488
-
Apr 22, 2024
preston margaret m v
acquired
4,859
75.1824
64.63
-
Apr 22, 2024
bramman anne l
acquired
1,019
75.1824
13.561
-
Apr 22, 2024
foley brendan m
acquired
3,372
75.1824
44.859
president & ceo
Apr 22, 2024
sanchez ana
acquired
1,518
75.1824
20.204
president emea

1–10 of 50

Which funds bought or sold MKC recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 16, 2024
Arete Wealth Advisors, LLC
sold off
-100
-324,965
-
 -%
May 16, 2024
Colony Group, LLC
added
68.79
4,705,000
9,963,000
 0.08%
May 16, 2024
JANE STREET GROUP, LLC
reduced
-5.76
640,620
11,685,800
 -%
May 16, 2024
Colony Group, LLC
unchanged
-
1,339,000
11,006,000
 0.09%
May 16, 2024
Motley Fool Asset Management LLC
reduced
-4.15
22,661
320,835
 0.02%
May 16, 2024
Clear Point Advisors Inc.
unchanged
-
1,359
12,443
 0.01%
May 16, 2024
HANCOCK WHITNEY CORP
reduced
-2.55
88,311
1,027,720
 0.04%
May 16, 2024
B. Riley Wealth Advisors, Inc.
added
9.98
60,206
349,116
 0.01%
May 16, 2024
Garner Asset Management Corp
reduced
-5.42
80,826
809,000
 0.40%
May 16, 2024
Ancora Advisors LLC
unchanged
-
6,804
62,293
 -%

1–10 of 39

Are Funds Buying or Selling MKC?

Are funds buying MKC calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own MKC
No. of Funds

MKC Alerts

Unveiling McCormick & Co Inc-MD's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2024
fundsmith llp
7.60%
19,165,971
SC 13G/A
Feb 13, 2024
vanguard group inc
12.03%
30,233,164
SC 13G/A
Feb 12, 2024
state farm mutual automobile insurance co
3.69%
9,267,439
SC 13G/A
Jan 29, 2024
state street corp
6.03%
15,160,352
SC 13G/A
Jan 11, 2024
kurzius lawrence erik
11.9%
2,214,345
SC 13D/A
Apr 20, 2023
kurzius lawrence erik
10.4%
1,967,254
SC 13D/A
Feb 14, 2023
fundsmith llp
7.81%
19,568,672
SC 13G
Feb 10, 2023
kurzius lawrence erik
9.4%
1,766,182
SC 13D/A
Feb 09, 2023
vanguard group inc
12.04%
30,176,662
SC 13G/A
Feb 08, 2023
state street corp
5.76%
14,433,529
SC 13G/A

Recent SEC filings of McCormick & Co Inc-MD

View All Filings
Date Filed Form Type Document
May 17, 2024
144
Notice of Insider Sale Intent
May 17, 2024
4
Insider Trading
May 14, 2024
4
Insider Trading
May 08, 2024
4
Insider Trading
May 08, 2024
4
Insider Trading
May 08, 2024
4
Insider Trading
May 08, 2024
4
Insider Trading
May 08, 2024
4
Insider Trading
May 08, 2024
4
Insider Trading
Apr 23, 2024
4
Insider Trading

Peers (Alternatives to McCormick & Co Inc-MD)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
ADM
30.5B
91.7B
 1.99% -15.35%
10.02
0.33
 -10.07% -31.73%
BG
15.0B
61.3B
 -2.21% 16.07%
7.7
0.25
 -8.91% 30.43%
CAG
14.7B
12.1B
 1.62% -14.16%
15.43
1.21
 -0.78% 18.26%
CPB
13.8B
9.3B
 7.27% -12.09%
18.08
1.49
 1.02% -5.78%
ACI
11.9B
79.2B
 0.88% 1.68%
9.19
0.15
 2.05% -14.37%
MID-CAP
BRBR
7.5B
1.8B
 5.71% 59.23%
39.11
4.06
 23.06% 29.48%
FRPT
6.1B
823.2M
 20.41% 92.18%
627.36
7.45
 30.53% 114.65%
FLO
5.2B
5.1B
 4.80% -15.22%
41.05
1.01
 4.66% -41.11%
CENT
3.0B
3.3B
 17.04% 57.25%
20.35
0.91
 1.49% 31.18%
CALM
2.8B
2.4B
 -3.61% 21.31%
10.29
1.19
 -22.17% -63.60%
SMALL-CAP
ANDE
1.8B
13.6B
 -9.19% 34.04%
14.42
0.13
 -21.14% 9.65%
BGS
743.1M
2.0B
 -11.49% -26.60%
-6.76
0.37
 -5.45% -247.51%
BYND
467.2M
326.7M
 11.98% -36.95%
-1.4
1.43
 -18.66% -2.70%
ALCO
208.0M
103.1M
 2.36% 17.74%
5.21
2.02
 56.46% 236.17%
AQB
7.1M
2.6M
 5.71% 277.55%
-0.22
2.8
 -0.77% -36.97%

McCormick & Co Inc-MD News

Latest updates
Defense World • 16 May 2024 • 12:24 pm
Workhorse Group (NASDAQ:WKHS) Stock Price Passes Above 50 Day Moving Average of $0.21
Defense World • 16 May 2024 • 05:58 am
Doximity, Inc. (NASDAQ:DOCS) Given Average Recommendation of “Hold” by Analysts
Investors • 3 months ago
McCormick Appoints Terry Thomas to Board of Directors
CNN • 4 months ago
MKC Stock Quote Price and Forecast
Yahoo Finance • 11 months ago
Is Invesco S&P 500 Equal Weight ETF (RSP) a Strong ETF Right Now?
InvestorPlace • 11 months ago
MKC Stock Alert: BofA Double-Upgrades McCormick Shares
PR Newswire • 11 months ago
McCormick Appoints Ana Sanchez, Andrew Foust, and Kasey Jenkins to the Company's Management Committee
Markets Insider • 3 years ago
McCormick to Acquire Cholula Hot Sauce | Markets Insider
GuruFocus.com • 5 years ago
McCormick & Co Inc (MKC) Stock Price, Trades & News
Investors • 5 years ago
McCormick & Company Acquires Botanical Food Company, a Global Leader in Chilled Convenient Herbs

McCormick & Co Inc-MD Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue-8.6%1,6031,7531,6851,6591,5661,6961,5961,5371,5221,7301,5491,5571,4821,5581,4301,4011,2121,4851,3291,3021,232
Gross Profit-14.5%599701623616563624567523560703600615578661590580470630540509467
  S&GA Expenses-7.3%362390372381336347328349333399327357321371317319275327279293268
EBITDA Margin2.1%0.18*0.18*0.18*0.19*0.18*0.18*0.18*0.18*0.19*0.19*0.20*0.20*0.21*0.21*0.22*0.22*0.21*0.21*0.21*0.21*0.20*
Interest Expenses-4.6%50.0053.0053.0052.0051.0044.0038.0034.0033.0033.0034.0036.0034.0032.0034.0034.0035.0039.0041.0042.0043.00
Income Taxes-13.1%50.0057.0043.0040.0034.0053.0059.0022.0034.0057.0032.0045.0059.0058.0047.0040.0030.0066.0037.0032.0022.00
Earnings Before Taxes-24.6%194258199182160228275130180248235206207248243226164268219172160
EBT Margin3.8%0.12*0.12*0.12*0.13*0.12*0.13*0.13*0.13*0.14*0.14*0.15*0.15*0.16*0.16*0.16*0.16*0.15*0.15*0.15*0.15*0.14*
Net Income-24.3%166219170152139186223119155197212184162201206196145213192149148
Net Income Margin3.4%0.11*0.10*0.10*0.11*0.10*0.11*0.11*0.11*0.12*0.12*0.12*0.12*0.13*0.13*0.14*0.14*0.13*0.13*0.13*0.13*0.12*
Free Cashflow-76.00-19723442.0030631.0079.00-25.8036767.00197-80.803352132626.0038612718278.00
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets0.2%12,89012,86212,99012,90813,20513,12512,94112,95812,94112,90612,88412,81112,68512,09010,86110,57610,49210,36210,36610,23710,228
  Current Assets0.9%2,0202,0022,1282,1042,4112,3872,4132,3252,2394642,1612,0531,9554221,7601,6161,5244261,5891,4731,428
    Cash Equivalents6.8%178167155127357334344326338352313292256424221185171155163139102
  Inventory-100.0%-1,127---1,340---1,182---1,033---801---
  Net PPE2.2%1,3551,3251,2861,2501,2251,1981,1391,1361,1361,1401,1141,1131,0711,028961927936953910917935
  Goodwill-0.1%5,2545,2605,2525,2355,2305,2135,2105,3005,3335,3365,3805,4295,3974,9864,5744,4844,4974,5054,4974,5114,539
Liabilities-1.9%7,6337,7797,9207,9518,3188,4268,3348,3438,3278,4808,4818,4708,5208,1506,9156,9146,9176,9056,8856,8546,885
  Current Liabilities-4.0%2,9743,0993,1712,4873,3213,4323,1403,1333,0772193,1612,3812,4241921,9541,5822,0722242,0301,8601,829
  Short Term Borrowings21.1%3302723874601,3051,2371,43666763753976745759488716885.00725601684606603
  Long Term Debt-0.3%3,3293,3403,3854,1183,6203,6423,9053,9203,9653,9733,9854,7364,7393,7543,7384,1143,6283,6263,8433,9784,034
    LT Debt, Current-0.1%7987991,00528628127121.0077177177076926826626426489.0089.0098.0011988.0086.00
    LT Debt, Non Current-0.3%3,3293,3403,3854,1183,6203,6423,9053,9203,9653,9733,9854,7364,7393,7543,7384,1143,6283,6263,8433,9784,034
Shareholder's Equity3.4%5,2335,0615,0494,9574,8884,6994,6074,6154,6144,4264,4034,3414,1653,9403,9463,6623,5753,4573,4693,3833,343
  Retained Earnings5.0%3,4133,2503,2523,1913,1553,0233,0482,9342,9222,7822,7802,6612,5742,4162,3912,2892,1802,0562,0201,9191,878
Accumulated Depreciation-100.0%-1,253---1,135---1,062---985---8671,1201,1031,116
Shares Outstanding-268-268268268-268268268-267267267-267266266-265265264
Minority Interest9.2%25.0023.0021.0020.0018.0019.0017.0017.0017.0015.0017.0016.0015.0014.0013.0012.0013.0013.0012.0012.0012.00
Float----23,765---23,765---23,765---23,311---20,659-
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-76.0%138,400577,200265,900290,800103,400401,40095,700136,50017,900455,400144,200260,900-32,200414,600271,200310,70044,800452,200180,400210,600103,600
  Share Based Compensation-4.9%11,70012,30012,60026,70011,80011,20012,20025,80011,10012,35011,60028,50014,2008,20010,70020,7006,4006,6007,80016,1006,700
Cashflow From Investing18.4%-61,800-75,700-68,700-54,600-61,500-90,90033,700-45,500-43,700-78,000-77,0001,600-755,200-882,300-58,100-46,900-38,300-66,500-50,500-28,700-25,300
Cashflow From Financing86.0%-67,700-483,000-183,100-473,400-44,700-313,500-92,000-86,1004,400-325,000-30,900-234,800612,700653,600-202,200-237,6007,100-406,600-98,500-141,300-79,400
  Dividend Payments7.6%112,700104,700104,600104,600104,60099,20099,30099,20099,00090,90090,80090,80090,80082,70082,50082,50082,40075,80075,60075,50075,300
  Buy Backs-95.7%3007,0008,10019,1003,5008,70013,70011,7008,7001,1002,9008,800100-3,55028,6007,20019,90012,55018,30039,40030,500
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MKC Income Statement

2024-02-29
CONDENSED CONSOLIDATED INCOME STATEMENT (UNAUDITED) - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Feb. 29, 2024
Feb. 28, 2023
Net sales$ 1,602.7$ 1,565.5
Cost of goods sold1,003.41,002.6
Gross profit599.3562.9
Selling, general and administrative expense361.6336.1
Special charges4.227.8
Operating income233.5199.0
Interest expense50.350.6
Other income, net11.111.1
Income from consolidated operations before income taxes194.3159.5
Income tax expense49.634.4
Net income from consolidated operations144.7125.1
Income from unconsolidated operations21.314.0
Net income$ 166.0$ 139.1
Earnings per share - basic (usd per share)$ 0.62$ 0.52
Earnings per share - diluted (usd per share)$ 0.62$ 0.52
Average shares outstanding - basic (shares)268.4268.2
Average shares outstanding - diluted (shares)269.6269.8
Common stock  
Cash dividends paid per common share (usd per share)$ 0.42$ 0.39

MKC Balance Sheet

2024-02-29
CONDENSED CONSOLIDATED BALANCE SHEET - USD ($)
$ in Millions
Feb. 29, 2024
Nov. 30, 2023
ASSETS  
Cash and cash equivalents$ 178.0$ 166.6
Trade accounts receivable, net of allowances567.5587.5
Inventories, net  
Finished products574.3570.0
Raw materials and work-in-process555.3556.5
Total inventory1,129.61,126.5
Prepaid expenses and other current assets145.1121.0
Total current assets2,020.22,001.6
Property, plant and equipment, net1,354.51,324.7
Goodwill5,253.65,260.1
Intangible assets, net3,346.83,356.7
Other long-term assets915.0919.2
Total assets12,890.112,862.3
LIABILITIES AND SHAREHOLDERS’ EQUITY  
Short-term borrowings329.5272.2
Current portion of long-term debt798.4799.3
Trade accounts payable1,133.31,119.3
Other accrued liabilities712.6908.1
Total current liabilities2,973.83,098.9
Long-term debt3,329.13,339.9
Deferred taxes858.3861.2
Other long-term liabilities471.5478.8
Total liabilities7,632.77,778.8
Shareholders’ equity  
Retained earnings3,412.83,249.7
Accumulated other comprehensive loss(393.7)(388.6)
Total McCormick shareholders' equity5,232.55,060.7
Non-controlling interests24.922.8
Total shareholders’ equity5,257.45,083.5
Total liabilities and shareholders’ equity12,890.112,862.3
Common stock  
Shareholders’ equity  
Common stock594.1597.1
Common stock non-voting  
Shareholders’ equity  
Common stock$ 1,619.3$ 1,602.5

About McCormick & Co Inc-MD

MKC
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. This segment markets its products under the McCormick, French's, Frank's RedHot, Lawry's, Cholula Hot Sauce, Gourmet Garden, Club House, and OLD BAY brands in the Americas; Ducros, Schwartz, Kamis, and LA Drogheria, and Vahiné brands in Europe, the Middle East, and Africa; McCormick and DaQiao brands in China; and McCormick, Aeroplane, and Gourmet Garden brands in Australia, as well as markets regional and ethnic brands, such as Zatarain's, Stubb's, Thai Kitchen, and Simply Asia. It also supplies its products under the private labels. This segment serves retailers comprising grocery, mass merchandise, warehouse clubs, discount and drug stores, and e-commerce retailers directly and indirectly through distributors and wholesale foodservice suppliers. The Flavor Solutions segment offers seasoning blends, spices and herbs, condiments, coating systems, and compound flavors to multinational food manufacturers and foodservice customers. It serves foodservice customers directly and indirectly through distributors. McCormick & Company, Incorporated was founded in 1889 and is headquartered in Hunt Valley, Maryland.
 CEO
 WEBSITEmccormickcorporation.com
 INDUSTRYPackaged Foods
 EMPLOYEES14200

McCormick & Co Inc-MD Frequently Asked Questions

What is the ticker symbol for McCormick & Co Inc-MD? What does MKC stand for in stocks?

MKC is the stock ticker symbol of McCormick & Co Inc-MD. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of McCormick & Co Inc-MD (MKC)?

As of Fri May 17 2024, market cap of McCormick & Co Inc-MD is 19.86 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of MKC stock?

You can check MKC's fair value in chart for subscribers.

What is the fair value of MKC stock?

You can check MKC's fair value in chart for subscribers. The fair value of McCormick & Co Inc-MD is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of McCormick & Co Inc-MD is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for MKC so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is McCormick & Co Inc-MD a good stock to buy?

The fair value guage provides a quick view whether MKC is over valued or under valued. Whether McCormick & Co Inc-MD is cheap or expensive depends on the assumptions which impact McCormick & Co Inc-MD's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for MKC.

What is McCormick & Co Inc-MD's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, MKC's PE ratio (Price to Earnings) is 28.08 and Price to Sales (PS) ratio is 2.97. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. MKC PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on McCormick & Co Inc-MD's stock?

In the past 10 years, McCormick & Co Inc-MD has provided 0.094 (multiply by 100 for percentage) rate of return.