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MKC

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

71.92USD+0.16 (+0.22%)Market Closed

Market Summary

MKC
USD71.92+0.16
Market Closed
0.22%

MKC Alerts

  • 2 major insider sales recently.

MKC Stock Price

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MKC RSI Chart

MKC Valuation

Market Cap

20.7B

Price/Earnings (Trailing)

29.32

Price/Sales (Trailing)

3.1

EV/EBITDA

19.3

Price/Free Cashflow

20.96

MKC Price/Sales (Trailing)

MKC Profitability

EBT Margin

12.44%

Return on Equity

13.46%

Return on Assets

5.49%

Free Cashflow Yield

4.77%

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

-4.9%

Last 30 days

5.5%

Last 90 days

10.3%

Trailing 12 Months

-15.4%

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

2.48%

Dividend/Share (TTM)

1.79

Shares Dilution (1Y)

0.04%

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
Apr 02, 2024
schwartz jeffery d
gifted
-
-
-160
vice president, gen counsel
Apr 01, 2024
little patricia a
acquired
881,050
44.0525
20,000
-
Apr 01, 2024
little patricia a
sold
-1,511,440
75.5723
-20,000
-
Mar 28, 2024
montiel maritza gomez
acquired
349,720
49.96
7,000
-
Mar 28, 2024
montiel maritza gomez
sold
-538,986
76.998
-7,000
-
Mar 15, 2024
jenkins katherine
acquired
-
-
802
chief growth officer
Mar 15, 2024
bramman anne l
acquired
-
-
1,255
-
Mar 15, 2024
tapiero jacques
acquired
-
-
1,255
-
Mar 15, 2024
hrabowski freeman a iii
acquired
-
-
1,255
-
Mar 15, 2024
piper sarah
acquired
-
-
367
chief human relations officer

1–10 of 50

Which funds bought or sold MKC recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 12, 2024
Dynamic Advisor Solutions LLC
added
6.71
160,485
893,568
 0.03%
Apr 12, 2024
BALDWIN BROTHERS LLC/MA
reduced
-8.34
93,858
3,329,700
 0.25%
Apr 12, 2024
Westend Capital Management, LLC
new
-
272,828
272,828
 0.11%
Apr 12, 2024
DLK Investment Management, LLC
added
14.12
1,168,860
5,326,310
 2.26%
Apr 12, 2024
AdvisorNet Financial, Inc
unchanged
-
6,402
58,606
 0.01%
Apr 12, 2024
HARBOR INVESTMENT ADVISORY, LLC
unchanged
-
1,583
13,007
 -%
Apr 12, 2024
JACOBS & CO/CA
added
5.25
1,776,000
11,556,000
 1.22%
Apr 12, 2024
FIRST FINANCIAL CORP /IN/
reduced
-85.37
-38,314
7,527
 -%
Apr 12, 2024
GATEWAY INVESTMENT ADVISERS LLC
sold off
-100
-206,714
-
 -%
Apr 12, 2024
DNB Asset Management AS
added
5.03
517,386
3,406,830
 0.02%

1–10 of 48

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
Apr 09, 2024
4
Insider Trading
Apr 09, 2024
4
Insider Trading
Apr 03, 2024
4
Insider Trading
Apr 02, 2024
4
Insider Trading
Apr 01, 2024
8-K
Current Report
Mar 29, 2024
4
Insider Trading
Mar 29, 2024
4
Insider Trading
Mar 29, 2024
4
Insider Trading
Mar 29, 2024
4
Insider Trading
Mar 29, 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
30.9B
93.9B
 2.06% -25.99%
8.86
0.33
 -7.50% -19.75%
BG
15.1B
61.3B
 8.77% 10.11%
7.69
0.25
 -8.91% 30.43%
CAG
14.2B
12.1B
 6.06% -19.48%
14.95
1.17
 -0.78% 18.26%
CPB
12.7B
9.3B
 0.02% -22.02%
16.63
1.37
 1.02% -5.78%
ACI
11.7B
79.2B
 -2.69% -2.17%
8.59
0.15
 3.12% -18.15%
MID-CAP
BRBR
7.1B
1.7B
 -9.12% 59.88%
43.23
4.12
 21.49% 39.64%
FRPT
5.1B
766.9M
 -3.53% 62.07%
-151.81
6.65
 28.82% 43.50%
FLO
4.8B
5.1B
 0.97% -14.70%
39.11
0.95
 5.93% -45.96%
CALM
2.9B
2.4B
 1.55% 8.98%
10.66
1.24
 -22.17% -63.60%
CENT
2.6B
3.3B
 -6.68% 27.03%
19.64
0.8
 0.37% -0.15%
SMALL-CAP
ANDE
1.9B
14.8B
 7.53% 38.35%
19.19
0.13
 -14.86% -22.80%
BGS
838.1M
2.1B
 -0.84% -28.06%
-12.66
0.41
 -4.65% -482.22%
BYND
419.8M
343.4M
 -23.65% -56.21%
-1.24
1.22
 -18.04% 7.65%
ALCO
205.8M
106.3M
 -4.36% 11.94%
4.29
1.94
 34.67% 5930.90%
AQB
6.8M
2.5M
 -18.98% 201.72%
-0.24
2.73
 -21.18% -24.37%

McCormick & Co Inc-MD News

Latest updates
Defense World • 12 Apr 2024 • 09:19 am
Arizona State Retirement System Purchases 1591 Shares of Voya Financial, Inc. (NYSE:VOYA)
Yahoo Lifestyle Australia • 07 Apr 2024 • 08:14 am
Should You Invest in the Invesco S&P 500 Equal Weight Consumer Staples ETF (RSPS)?
InvestorPlace • 26 Mar 2024 • 07:00 am
MKC Stock Earnings: McCormick & Co Beats EPS, Beats Revenue for Q1 2024
The Globe and Mail • 26 Mar 2024 • 07:00 am
Stocks Push Higher on Economic Optimism
Investors • 2 months ago
McCormick Appoints Terry Thomas to Board of Directors
CNN • 3 months ago
MKC Stock Quote Price and Forecast
Benzinga • 5 months ago
McCormick, CME Group And 2 Other Stocks Insiders Are Selling - CME Gr (NASDAQ:CME), Airbnb (NASDAQ:ABNB)
Yahoo Finance • 7 months ago
Medifast (MED) Gains on OPTAVIA Lifestyle Solution Strength
PR Newswire • 10 months ago
McCormick Appoints Ana Sanchez, Andrew Foust, and Kasey Jenkins to the Company's Management Committee
GuruFocus.com • 5 years ago
McCormick & Co Inc (MKC) Stock Price, Trades & News

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-76.0%13857719723442.0030631.0079.00-25.8036767.00197-80.803352132626.0038612718278.00
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-100.0%-3,3403,3854,1183,6203,6423,9053,9203,9653,9733,9854,7364,7393,7543,7384,1143,6283,6263,8433,9784,034
    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 Equity3.9%5,2575,0615,0494,9574,8884,6814,6074,6154,6144,4264,4034,3414,1653,9403,9463,6623,5753,4573,4693,3833,343
  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---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

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 Mon Apr 15 2024, market cap of McCormick & Co Inc-MD is 20.75 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 Mon Apr 15 2024, MKC's PE ratio (Price to Earnings) is 29.32 and Price to Sales (PS) ratio is 3.1. 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 0.089 (multiply by 100 for percentage) rate of return.