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MKC

83.71USD-1.20(-1.41%)Market Closed

McCormick & Company Inc

Market Summary

USD83.71-1.20Market Closed
-1.41%

MKC Alerts

MKC Stock Price

RSI Chart

Valuation

Market Cap

21.2B

Price/Earnings

31.1

Price/Sales

3.35

Price/Cashflow

28.18

MarketCap/EBT

26.8

Price/Sales

Profitability

EBT Margin

12.51%

Return on Equity

14.86%

Return on Assets

5.27%

Fundamentals

Revenue

Revenue (TTM)

6.3B

Revenue Y/Y

-1.28%

Revenue Q/Q

0.95%

Earnings

Earnings (TTM)

683.2M

Earnings Y/Y

-35.49%

Earnings Q/Q

-23.5%

Price Action

52 Week Range

71.19107.35
(Low)(High)

Last 7 days

1.4%

Last 30 days

11.1%

Last 90 days

-1.5%

Trailing 12 Months

1.0%

Financial Health

Current Ratio

0.74

Debt/Equity

1.02

Debt/Cashflow

0.16

Investor Care

Dividend Yield

1.16%

Shares Dilution (1Y)

0.37%

Diluted EPS (TTM)

2.53

Peers (Alternatives to McCormick & Company)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
2.4T
394.3B
-0.67% -8.01%
23.66
5.99
7.79% 5.41%
1.8T
203.1B
7.29% -26.07%
25.2
8.66
15.22% 2.81%
1.3T
282.1B
2.93% -33.48%
18.7
4.44
17.94% -5.14%
952.9B
502.2B
-19.24% -47.82%
84.16
1.9
9.66% -56.89%
MID-CAP
2.5B
8.6B
6.97% -44.81%
-5.69
0.31
76.30% -20.89%
SMALL-CAP
1.9B
628.4M
4.90% -64.68%
-4.08
3.1
64.35% -18.14%
1.9B
1.6B
1.73% 6.73%
12.45
1.23
81.91% 208.48%
1.5B
-
15.46% -69.17%
-0.54
1.95
-4.11% -144.36%
1.4B
40.0M
-23.89% -77.58%
-1.84
34.64
34.91% -55.12%
1.0B
247.8M
5.73% -20.09%
-17.78
4.46
23.41% -194.70%
1.0B
412.4M
16.46% -28.89%
-153.63
2.47
51.09% -102.33%
988.1M
439.7M
-14.05% -83.16%
-2.97
2.13
-5.64% -199.38%
861.5M
1.2B
1.09% -47.19%
2.31
0.73
7.66% 583.60%
551.2M
2.2M
2.03% -70.95%
-1.55
343.43
-72.60% -50.32%

Financials for McCormick & Company

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q22022Q12021Q42021Q32021Q2
Revenue-0.3%6,3396,3596,3186,1466,026
Gross Profit-3.7%2,3862,4782,4952,4522,443
  S&GA Expenses-0.5%1,4091,4161,4041,3761,366
Earnings Before Taxes-8.7%793869896895904
Net Income-8.7%683748755759752
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q22022Q12021Q42021Q32021Q2
Assets0.1%12,95812,94112,90612,88412,811
  Current Assets3.8%2,3252,2392,1962,1612,053
    Cash Equivalents-3.7%326338352313292
  Inventory-1,182----
  Net PPE0.0%1,1361,1361,1401,1141,113
  Goodwill-0.6%5,3005,3335,3365,3805,429
Liabilities0.2%8,3438,3278,4808,4818,470
  Current Liabilities1.8%3,1333,0773,2243,1612,381
.    Short Term Borrowings4.8%667637539767457
  Long Term Debt-0.9%4,6914,7354,7444,7545,004
    LT Debt, Current0%771771770769268
    LT Debt, Non Current-1.1%3,9203,9653,9733,9854,736
Shareholder's Equity0.0%4,5984,5984,4114,3874,325
  Retained Earnings0.4%2,9342,9222,7822,7802,661
Shares Outstanding0.2%268268267267-
Minority Interest2.4%1717151716
Float-23,765----
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q22022Q12021Q42021Q32021Q2
Cashflow From Operations-14.2%754878828788915
  Share Based Compensation-4.2%6164676362
Cashflow From Investing-23.9%-244.20-197.10-908.60-1,712.90-1,694.00
Cashflow From Financing25.4%-437.60-586.30221,001829
  Dividend Payments2.3%380372363355347
  Buy Backs11.2%292691339

Risks

What is the probability of a big loss on MKC?

26.9%


Probability that McCormick & Company stock will be more than 20% underwater in next one year

3.5%


Probability that McCormick & Company stock will be more than 30% underwater in next one year.

0%


Probability that McCormick & Company stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does MKC drawdown profile look like?

Y-axis is the maximum loss one would have experienced if McCormick & Company was unfortunately bought at previous high price.

Returns

Cumulative Returns on MKC

12.1%


10-Year Cumulative Returns

12.1%


7-Year Cumulative Returns

13.2%


5-Year Cumulative Returns

1.8%


3-Year Cumulative Returns

What are the long-term rolling returns for MKC?

FIve years rolling returns for McCormick & Company.

Which funds bought or sold MKC recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-23
Eagle Bay Advisors LLC
UNCHANGED
-
-332
1,000
-%
2022-11-23
Toroso Investments, LLC
ADDED
5.14
-38,000
344,000
0.01%
2022-11-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
NEW
-
1,620,000
1,620,000
0.02%
2022-11-22
B. Riley Wealth Advisors, Inc.
ADDED
65.87
97,000
329,000
0.01%
2022-11-22
CVA Family Office, LLC
UNCHANGED
-
-
1,000
-%
2022-11-21
FourThought Financial, LLC
REDUCED
-37.03
-134,000
156,000
0.02%
2022-11-21
ST GERMAIN D J CO INC
UNCHANGED
-
-
524,000
0.04%
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
REDUCED
-2.67
-6,003,000
29,990,000
0.05%
2022-11-21
DEARBORN PARTNERS LLC
ADDED
0.38
-5,984,000
36,554,000
1.61%
2022-11-18
National Pension Service
ADDED
2.57
-2,578,000
24,758,000
0.05%

1–10 of 48

Latest Funds Activity

Are funds buying MKC calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own MKC

McCormick & Company News

Investing.com

13 dividend hikes to watch for this week: McCormick, Merck By Investing.com.27 hours ago

MKC Fair Value

McCormick & Company fair value in different scenarios

The table shows the Fair Value estimates for McCormick & Company for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

42.86

-48.80%

56.36

-32.67%

70.64

-15.61%

90.74

8.40%

117.33

40.16%

Current Inflation

39.14

-53.24%

50.41

-39.78%

61.82

-26.15%

78.64

-6.06%

100.61

20.19%

Very High Inflation

34.62

-58.64%

43.37

-48.19%

51.68

-38.26%

64.86

-22.52%

81.75

-2.34%

Historical McCormick & Company Fair Value Estimates


Recent SEC filings of McCormick & Company

View All Filings
Date Filed Form Type Document
Nov 22, 2022
4
Insider Trading
Nov 22, 2022
4
Insider Trading
Nov 15, 2022
4
Insider Trading
Nov 15, 2022
4
Insider Trading
Nov 15, 2022
4
Insider Trading
Nov 15, 2022
4
Insider Trading
Nov 14, 2022
4
Insider Trading
Nov 14, 2022
4
Insider Trading
Nov 09, 2022
4
Insider Trading
Nov 09, 2022
4
Insider Trading

Latest Insider Trading transactions for MKC

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-11-11
HRABOWSKI FREEMAN A III
GIFTED
-
-
-6,200
-
2022-11-10
MANGAN MICHAEL D
SOLD
-410,000
82
-5,000
-
2022-11-10
MANGAN MICHAEL D
ACQUIRED
179,000
35.8
5,000
-
2022-11-09
HRABOWSKI FREEMAN A III
SOLD
-
-
-6,200
-
2022-11-09
HRABOWSKI FREEMAN A III
ACQUIRED
-
-
6,200
-
2022-10-27
Smith Michael R
GIFTED
-
-
-1,200
Executive VP & CFO
2022-10-25
HRABOWSKI FREEMAN A III
ACQUIRED
22.3608
75.2889
0.297
-
2022-10-25
Swift Malcolm
ACQUIRED
25,224.2
75.2889
335.032
President, Global Flavor Sol
2022-10-25
PRESTON MARGARET M V
ACQUIRED
4,150.6
75.2889
55.129
-
2022-10-25
HRABOWSKI FREEMAN A III
ACQUIRED
22,026.7
75.2889
292.562
-

1–10 of 50

Lawrence E. Kurzius
14000
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 Drogheria & Alimentari, 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. The company was founded in 1889 and is headquartered in Hunt Valley, Maryland.

MKC Income Statement

2022-05-31
CONDENSED CONSOLIDATED INCOME STATEMENT (UNAUDITED) - USD ($)
shares in Millions, $ in Millions
3 Months Ended6 Months Ended
May 31, 2022
May 31, 2021
May 31, 2022
May 31, 2021
Net sales$ 1,536.8$ 1,556.7$ 3,059.2$ 3,038.2
Cost of goods sold1,013.8942.11,975.81,846.1
Gross profit523.0614.61,083.41,192.1
Selling, general and administrative expense349.2356.6682.5677.9
Transaction and integration expenses1.56.92.225.7
Special charges15.113.734.614.8
Operating income157.2237.4364.1473.7
Interest expense33.735.666.869.4
Other income, net6.33.912.58.5
Income from consolidated operations before income taxes129.8205.7309.8412.8
Income tax expense21.745.456.1104.0
Net income from consolidated operations108.1160.3253.7308.8
Income from unconsolidated operations10.423.419.736.7
Net income$ 118.5$ 183.7$ 273.4$ 345.5
Earnings per share - basic (usd per share)$ 0.44$ 0.69$ 1.02$ 1.29
Earnings per share - diluted (usd per share)$ 0.44$ 0.68$ 1.01$ 1.28
Average shares outstanding - basic (shares)268.3267.3268.1267.2
Average shares outstanding - diluted (shares)270.5270.0270.5270.0
Common stock    
Cash dividends paid per common share (usd per share)$ 0.37$ 0.34$ 0.74$ 0.68
Common Stock, Dividends, Per Share, Declared$ 0.37$ 0.34$ 0.37$ 0.34

MKC Balance Sheet

2022-05-31
CONDENSED CONSOLIDATED BALANCE SHEET - USD ($)
$ in Millions
May 31, 2022
Nov. 30, 2021
ASSETS  
Cash and cash equivalents$ 325.8$ 351.7
Trade accounts receivable, net of allowances493.1549.5
Inventories, net  
Finished products630.9556.2
Raw materials and work-in-process713.7626.1
Total inventory1,344.61,182.3
Prepaid expenses and other current assets161.2112.3
Total current assets2,324.72,195.8
Property, plant and equipment, net1,136.11,140.3
Goodwill5,300.25,335.8
Intangible assets, net3,419.73,452.5
Other long-term assets777.2781.4
Total assets12,957.912,905.8
LIABILITIES AND SHAREHOLDERS’ EQUITY  
Short-term borrowings667.0539.1
Current portion of long-term debt770.8770.3
Trade accounts payable1,126.41,064.2
Other accrued liabilities568.8850.2
Total current liabilities3,133.03,223.8
Long-term debt3,920.33,973.3
Deferred taxes811.0792.3
Other long-term liabilities478.5490.9
Total liabilities8,342.88,480.3
Shareholders’ Equity  
Retained earnings2,933.62,782.4
Accumulated other comprehensive loss(454.6)(426.5)
Total McCormick shareholders' equity4,598.24,411.0
Non-controlling interests16.914.5
Total shareholders’ equity4,615.14,425.5
Total liabilities and shareholders’ equity12,957.912,905.8
Common stock  
Shareholders’ Equity  
Common stock558.0530.0
Common stock non-voting  
Shareholders’ Equity  
Common stock$ 1,561.2$ 1,525.1