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MKC

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

68.08USD+0.29 (+0.43%)Market Closed
Watchlist

Market Summary

USD68.08+0.29
Market Closed
0.43%

MKC Alerts

  • 1 major insider sales recently.

MKC Stock Price

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MKC RSI Chart

MKC Valuation

Market Cap

18.3B

Price/Earnings (Trailing)

26.85

Price/Sales (Trailing)

2.74

EV/EBITDA

17.78

Price/Free Cashflow

19.14

MKC Price/Sales (Trailing)

MKC Profitability

EBT Margin

11.99%

Return on Equity

13.45%

Return on Assets

5.29%

Free Cashflow Yield

5.23%

MKC Fundamentals

MKC Revenue

Revenue (TTM)

6.7B

Rev. Growth (Yr)

3.37%

Rev. Growth (Qtr)

4.04%

MKC Earnings

Earnings (TTM)

680.6M

Earnings Growth (Yr)

18.09%

Earnings Growth (Qtr)

28.92%

Breaking Down MKC Revenue

Last 7 days

2.3%

Last 30 days

-0.3%

Last 90 days

-0.3%

Trailing 12 Months

-11.2%

How does MKC drawdown profile look like?

MKC Financial Health

Current Ratio

0.65

Debt/Equity

0.66

Debt/Cashflow

0.37

MKC Investor Care

Dividend Yield

2.62%

Dividend/Share (TTM)

1.79

Shares Dilution (1Y)

0.11%

Diluted EPS (TTM)

2.52

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
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
20093.2B3.2B3.2B3.2B
20080003.2B

Tracking the Latest Insider Buys and Sells of McCormick & Co Inc-MD

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Feb 15, 2024
mangan michael d
acquired
177,750
35.55
5,000
-
Feb 15, 2024
jenkins katherine
sold (taxes)
-39,387
64.995
-606
chief growth officer
Feb 15, 2024
smith michael r
sold (taxes)
-556,227
64.995
-8,558
executive vp & cfo
Feb 15, 2024
kurzius lawrence erik
sold (taxes)
-1,673,230
64.995
-25,744
-
Feb 15, 2024
schwartz jeffery d
sold (taxes)
-349,218
64.995
-5,373
vice president, gen counsel
Feb 15, 2024
piper sarah
sold (taxes)
-28,012
64.995
-431
chief human relations officer
Feb 15, 2024
sanchez ana
sold (taxes)
-39,517
64.995
-608
president emea
Feb 15, 2024
foust andrew
sold (taxes)
-56,025
64.995
-862
president, americas
Feb 15, 2024
repas gregory
sold (taxes)
-24,438
64.995
-376
v.p. & controller
Feb 15, 2024
mangan michael d
sold
-325,996
65.1993
-5,000
-

1–10 of 50

Which funds bought or sold MKC recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Feb 21, 2024
SMITH SHELLNUT WILSON LLC /ADV
reduced
-23.31
-99,094
224,418
0.13%
Feb 21, 2024
Novak & Powell Financial Services, Inc.
new
-
286,872
286,872
0.19%
Feb 21, 2024
V-Square Quantitative Management LLC
added
69.04
195,450
564,876
0.10%
Feb 20, 2024
Aurora Investment Counsel
new
-
524,167
524,167
0.34%
Feb 20, 2024
Quarry LP
sold off
-100
-6,429
-
-%
Feb 16, 2024
PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO
added
2.81
-542,537
7,203,460
0.03%
Feb 16, 2024
Hobbs Group Advisors, LLC
new
-
6,158
6,158
-%
Feb 16, 2024
PRICE T ROWE ASSOCIATES INC /MD/
reduced
-3.37
-5,955,000
41,315,000
0.01%
Feb 16, 2024
Sanibel Captiva Trust Company, Inc.
new
-
297,024
297,024
0.01%
Feb 16, 2024
HARBOUR INVESTMENTS, INC.
added
24.19
2,005
18,268
-%

1–10 of 46

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

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
Feb 20, 2024
4
Insider Trading
Feb 20, 2024
4
Insider Trading
Feb 20, 2024
4
Insider Trading
Feb 20, 2024
4
Insider Trading
Feb 20, 2024
4
Insider Trading
Feb 20, 2024
4
Insider Trading
Feb 20, 2024
4
Insider Trading
Feb 20, 2024
4
Insider Trading
Feb 20, 2024
4
Insider Trading
Feb 20, 2024
4
Insider Trading

What is the Fair Value of MKC?

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Disclaimer: Conduct thorough research and seek guidance from a certified financial advisor prior to finalizing any investment choices.

Peers (Alternatives to McCormick & Co Inc-MD)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
28.5B
96.9B
-22.87% -34.64%
7.24
0.29
-1.83% -4.05%
13.6B
61.3B
-3.38% -6.71%
6.93
0.22
-8.91% 30.43%
12.7B
9.3B
-4.54% -19.41%
15.91
1.36
4.48% 0.25%
12.4B
77.6B
-4.98% 1.17%
8.22
0.16
8.02% -6.55%
MID-CAP
7.2B
1.7B
4.45% 86.56%
43.65
4.16
21.49% 39.64%
4.9B
5.1B
-0.66% -18.53%
39.38
0.95
5.93% -45.96%
4.4B
717.3M
5.00% 43.23%
-85.61
6.18
31.52% 21.30%
2.9B
3.3B
15.69% 28.06%
21.47
0.87
0.37% -0.15%
2.8B
2.7B
4.41% 6.92%
6.18
1.05
5.46% -4.50%
SMALL-CAP
1.8B
14.8B
3.30% 42.49%
17.64
0.12
-14.86% -22.80%
741.4M
2.1B
-2.18% -15.00%
-16.67
0.35
-0.20% -9.85%
504.1M
349.6M
-6.61% -55.78%
-2.02
1.44
-20.48% 34.17%
209.5M
43.2M
2.90% 9.11%
4.37
4.84
-50.41% 5930.90%
8.9M
2.4M
1.30% 161.80%
-0.35
3.75
-23.63% -13.75%

McCormick & Co Inc-MD News

Latest updates
Houston Chronicle 25 Jan 202408:00 am
LinkedIn9 years ago

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/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue4.0%1,7531,6851,6591,5661,6961,5961,5371,5221,7301,5491,5571,4821,5581,4301,4011,2121,4851,3291,3021,2321,468
Gross Profit12.6%701623616563624567523560703600615578661590580470630540509467605
  S&GA Expenses4.9%390372381336347328349333399327357321371317319275327279293268311
EBITDA Margin2.0%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*0.20*
Interest Expenses0%53.0053.0052.0051.0044.0038.0034.0033.0033.0034.0036.0034.0032.0034.0034.0035.0039.0041.0042.0043.0044.00
Income Taxes33.7%57.0043.0040.0034.0053.0059.0022.0034.0057.0032.0045.0059.0058.0047.0040.0030.0066.0037.0032.0022.0056.00
Earnings Before Taxes29.2%258199182160228275130180248235206207248243226164268219172160259
EBT Margin2.9%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*0.14*
Net Income28.9%219170152139186223119155197212184162201206196145213192149148214
Net Income Margin4.3%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*0.18*
Free Cashflow157.8%50919723442.0030631.0079.00-25.8036767.00197-80.803352132626.0038612718278.00376
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets-1.0%12,86212,99012,90813,20513,12512,94112,95812,94112,90612,88412,81112,68512,09010,86110,57610,49210,36210,36610,23710,22810,256
  Current Assets-5.9%2,0022,1282,1042,4112,3872,4132,3252,2394642,1612,0531,9554221,7601,6161,5244261,5891,4731,428342
    Cash Equivalents7.7%16715512735733434432633835231329225642422118517115516313910297.00
  Inventory-1,127---1,340---1,182---1,033---801---786
  Net PPE3.0%1,3251,2861,2501,2251,1981,1391,1361,1361,1401,1141,1131,0711,028961927936953910917935942
  Goodwill0.1%5,2605,2525,2355,2305,2135,2105,3005,3335,3365,3805,4295,3974,9864,5744,4844,4974,5054,4974,5114,5394,528
Liabilities-1.8%7,7797,9207,9518,3188,4268,3348,3438,3278,4808,4818,4708,5208,1506,9156,9146,9176,9056,8856,8546,8857,074
  Current Liabilities-2.3%3,0993,1712,4873,3213,4323,1403,1333,0772193,1612,3812,4241921,9541,5822,0722242,0301,8601,829172
  Short Term Borrowings-29.7%2723874601,3051,2371,43666763753976745759488716885.00725601684606603560
  Long Term Debt-1.3%3,3403,3854,1183,6203,6423,9053,9203,9653,9733,9854,7364,7393,7543,7384,1143,6283,6263,8433,9784,0344,053
    LT Debt, Current-20.5%7991,00528628127121.0077177177076926826626426489.0089.0098.0011988.0086.0084.00
    LT Debt, Non Current-1.3%3,3403,3854,1183,6203,6423,9053,9203,9653,9733,9854,7364,7393,7543,7384,1143,6283,6263,8433,9784,0344,053
Shareholder's Equity0.2%5,0615,0494,9574,8884,6814,6074,6154,6144,4264,4034,3414,1653,9403,9463,6623,5753,4573,4693,3833,3433,182
  Retained Earnings-0.1%3,2503,2523,1913,1553,0233,0482,9342,9222,7822,7802,6612,5742,4162,3912,2892,1802,0562,0201,9191,8781,760
Accumulated Depreciation-1,253---1,135---1,062---985---8671,1201,1031,116800
Shares Outstanding-100.0%-268268268-268268268-267267267-267266266-265265264-
Minority Interest9.6%23.0021.0020.0018.0019.0017.0017.0017.0015.0017.0016.0015.0014.0013.0012.0013.0013.0012.0012.0012.0011.00
Float---23,765---23,765---23,765---23,311---20,659--
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations117.1%577,200265,900290,800103,400401,40095,700136,50017,900455,400144,200260,900-32,200414,600271,200310,70044,800452,200180,400210,600103,600432,200
  Share Based Compensation-2.4%12,30012,60026,70011,80011,20012,20025,80011,10012,35011,60028,50014,2008,20010,70020,7006,4006,6007,80016,1006,7004,000
Cashflow From Investing-10.2%-75,700-68,700-54,600-61,500-90,90033,700-45,500-43,700-78,000-77,0001,600-755,200-882,300-58,100-46,900-38,300-66,500-50,500-28,700-25,300-45,100
Cashflow From Financing-163.8%-483,000-183,100-473,400-44,700-313,500-92,000-86,1004,400-325,000-30,900-234,800612,700653,600-202,200-237,6007,100-406,600-98,500-141,300-79,400-358,400
  Dividend Payments0.1%104,700104,600104,600104,60099,20099,30099,20099,00090,90090,80090,80090,80082,70082,50082,50082,40075,80075,60075,50075,30068,500
  Buy Backs-13.6%7,0008,10019,1003,5008,70013,70011,7008,7001,1002,9008,800100-3,55028,6007,20019,90012,55018,30039,40030,50014,950

MKC Income Statement

2023-11-30
Consolidated Income Statement - USD ($)
$ in Millions
12 Months Ended
Nov. 30, 2023
Nov. 30, 2022
Nov. 30, 2021
Income Statement [Abstract]   
Revenues$ 6,662.2$ 6,350.5$ 6,317.9
Cost of Goods and Services Sold4,159.74,076.03,823.3
Gross profit2,502.52,274.52,494.6
Selling, general and administrative expense1,478.31,357.11,404.1
Transaction and integration expenses0.02.229.0
Special charges61.251.646.4
Operating income963.0863.61,015.1
Interest expense208.2149.1136.6
Other income, net43.998.317.3
Income from consolidated operations before income taxes798.7812.8895.8
Income tax expense174.5168.6192.7
Net income from consolidated operations624.2644.2703.1
Income from unconsolidated operations56.437.852.2
Net income$ 680.6$ 682.0$ 755.3
Earnings per share–basic (usd per share)$ 2.54$ 2.54$ 2.83
Earnings per share–diluted (usd per share)$ 2.52$ 2.52$ 2.80

MKC Balance Sheet

2023-11-30
Consolidated Balance Sheet - USD ($)
$ in Millions
Nov. 30, 2023
Nov. 30, 2022
Assets  
Cash and cash equivalents$ 166.6$ 334.0
Trade accounts receivable, net of allowances587.5573.7
Inventories1,126.51,340.1
Prepaid expenses and other current assets121.0138.9
Total current assets2,001.62,386.7
Property, plant and equipment, net1,324.71,198.0
Goodwill5,260.15,212.9
Intangible assets, net3,356.73,387.9
Other long-term assets919.2939.4
Total assets12,862.313,124.9
Liabilities  
Short-term borrowings272.21,236.7
Current portion of long-term debt799.3270.6
Trade accounts payable1,119.31,171.0
Other accrued liabilities908.1754.1
Total current liabilities3,098.93,432.4
Long-term debt3,339.93,642.3
Deferred taxes861.2866.3
Other long-term liabilities478.8484.7
Total liabilities7,778.88,425.7
Shareholders’ equity  
Retained earnings3,249.73,022.5
Accumulated other comprehensive loss(388.6)(480.6)
Stockholders' Equity Attributable to Parent5,060.74,680.5
Non-controlling interests22.818.7
Total shareholders’ equity5,083.54,699.2
Total liabilities and shareholders’ equity12,862.313,124.9
Common Stock [Member]  
Shareholders’ equity  
Common stock597.1568.6
Common Stock Non-Voting [Member]  
Shareholders’ equity  
Common stock$ 1,602.5$ 1,570.0
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
 WEBSITEwww.mccormickcorporation.com
 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 Thu Feb 22 2024, market cap of McCormick & Co Inc-MD is 18.19 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 Thu Feb 22 2024, MKC's PE ratio (Price to Earnings) is 26.73 and Price to Sales (PS) ratio is 2.73. 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.