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MKC

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

73.62USD-0.61 (-0.82%)Market Closed

Market Summary

MKC
USD73.62-0.61
Market Closed
-0.82%

MKC Alerts

  • 1 major insider sales recently.

MKC Stock Price

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MKC RSI Chart

MKC Valuation

Market Cap

19.8B

Price/Earnings (Trailing)

26.74

Price/Sales (Trailing)

2.96

EV/EBITDA

18.21

Price/Free Cashflow

22.25

MKC Price/Sales (Trailing)

MKC Profitability

EBT Margin

12.64%

Return on Equity

13.88%

Return on Assets

5.69%

Free Cashflow Yield

4.49%

MKC Fundamentals

MKC Revenue

Revenue (TTM)

6.7B

Rev. Growth (Yr)

-0.96%

Rev. Growth (Qtr)

2.53%

MKC Earnings

Earnings (TTM)

739.6M

Earnings Growth (Yr)

21.1%

Earnings Growth (Qtr)

10.96%

Breaking Down MKC Revenue

Last 7 days

3.0%

Last 30 days

7.3%

Last 90 days

-0.4%

Trailing 12 Months

-15.9%

How does MKC drawdown profile look like?

MKC Financial Health

Current Ratio

0.69

Debt/Equity

0.62

Debt/Cashflow

0.34

MKC Investor Care

Dividend Yield

2.51%

Dividend/Share (TTM)

1.85

Shares Dilution (1Y)

0.07%

Diluted EPS (TTM)

2.74

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20246.7B6.7B00
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
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Tracking the Latest Insider Buys and Sells of McCormick & Co Inc-MD

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Jul 17, 2024
kurzius lawrence erik
sold
-1,875,000
75.00
-25,000
-
Jul 10, 2024
kurzius lawrence erik
sold
-
-
-25,000
-
Jul 10, 2024
kurzius lawrence erik
acquired
-
-
25,000
-
Jun 03, 2024
sheppard valarie l
acquired
25,005
72.27
346
-
May 21, 2024
kurzius lawrence erik
acquired
3,051,600
38.145
80,000
-
May 21, 2024
kurzius lawrence erik
sold
-5,900,020
73.7503
-80,000
-
May 14, 2024
jenkins katherine
sold
-207,390
75.9115
-2,732
chief growth officer
Apr 22, 2024
foust andrew
acquired
2,195
75.1824
29.205
president, americas
Apr 22, 2024
foust andrew
acquired
133
75.1824
1.779
president, americas
Apr 22, 2024
jenkins katherine
sold
-41,368
74.9436
-552
chief growth officer

1–10 of 50

Which funds bought or sold MKC recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Jul 19, 2024
RAYMOND JAMES & ASSOCIATES
reduced
-2.31
-5,700,980
52,629,200
0.04%
Jul 19, 2024
Oakworth Capital, Inc.
unchanged
-
-787
9,506
-%
Jul 19, 2024
Sumitomo Mitsui Trust Holdings, Inc.
reduced
-8.06
-7,609,880
42,830,200
0.03%
Jul 19, 2024
SFG Wealth Management, LLC.
reduced
-3.98
-98,291
770,124
0.44%
Jul 19, 2024
SUMITOMO LIFE INSURANCE CO
reduced
-11.04
-144,208
664,140
0.01%
Jul 19, 2024
First Horizon Advisors, Inc.
added
1.78
-6,211
97,329
-%
Jul 19, 2024
PARSONS CAPITAL MANAGEMENT INC/RI
reduced
-10.34
-143,042
689,041
0.05%
Jul 19, 2024
Venturi Wealth Management, LLC
reduced
-94.81
-469,190
23,624
-%
Jul 19, 2024
RAYMOND JAMES & ASSOCIATES
added
57.64
186,024
645,357
-%
Jul 19, 2024
Boston Trust Walden Corp
added
1.05
-3,207,770
44,881,900
0.33%

1–10 of 49

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
Jul 17, 2024
144
Notice of Insider Sale Intent
Jul 17, 2024
4
Insider Trading
Jul 16, 2024
4
Insider Trading
Jul 16, 2024
4
Insider Trading
Jul 12, 2024
4
Insider Trading
Jul 05, 2024
4
Insider Trading
Jul 05, 2024
4
Insider Trading
Jun 27, 2024
10-Q
Quarterly Report
Jun 27, 2024
8-K
Current Report
Jun 26, 2024
8-K
Current Report

Peers (Alternatives to McCormick & Co Inc-MD)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
31.7B
91.7B
7.13% -22.33%
10.43
0.35
-10.07% -31.73%
15.0B
61.3B
9.25% 5.99%
7.7
0.25
-8.91% 30.43%
14.2B
12.1B
3.35% -10.48%
40.81
1.18
-1.84% -49.21%
13.9B
9.4B
3.20% -0.32%
18.75
1.47
1.46% -5.86%
11.5B
79.2B
0.35% -9.42%
8.91
0.15
2.05% -14.37%
MID-CAP
6.6B
1.8B
-9.01% 42.53%
34.51
3.59
23.06% 29.48%
5.8B
823.2M
-9.00% 83.44%
591.64
7.02
30.53% 114.65%
4.7B
5.1B
-0.22% -9.15%
37.65
0.92
4.66% -41.11%
3.2B
2.4B
10.67% 47.26%
11.53
1.34
-22.17% -63.60%
2.6B
3.3B
1.37% 24.81%
17.31
0.78
1.49% 31.18%
SMALL-CAP
1.8B
13.6B
6.12% 6.58%
14.43
0.13
-21.14% 9.65%
646.6M
2.0B
-2.39% -39.02%
-5.89
0.32
-5.45% -247.51%
397.1M
326.7M
-4.23% -60.41%
-1.19
1.22
-18.66% -2.70%
203.0M
98.6M
7.77% 3.18%
5.08
2.06
210.58% 236.17%
6.3M
2.6M
-2.40% 328.95%
-0.2
2.46
-0.77% -36.97%

McCormick & Co Inc-MD News

Latest updates
American Banking and Market News19 Jul 202403:51 pm
Investing.com India27 Jun 202407:00 am
GuruFocus.com2 months 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/Q2024Q22024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q2
Revenue2.5%1,6431,6031,7531,6851,6591,5661,6961,5961,5371,5221,7301,5491,5571,4821,5581,4301,4011,2121,4851,3291,302
Gross Profit3.4%620599701623616563624567523560703600615578661590580470630540509
  S&GA Expenses6.1%384362390372381336347328349333399327357321371317319275327279293
EBITDA Margin1.9%0.19*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*
Interest Expenses5.2%53.0050.0053.0053.0052.0051.0044.0038.0034.0033.0033.0034.0036.0034.0032.0034.0034.0035.0039.0041.0042.00
Income Taxes-47.2%26.0050.0057.0043.0040.0034.0053.0059.0022.0034.0057.0032.0045.0059.0058.0047.0040.0030.0066.0037.0032.00
Earnings Before Taxes-0.4%194194258199182160228275130180248235206207248243226164268219172
EBT Margin1.6%0.13*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*
Net Income11.0%184166219170152139186223119155197212184162201206196145213192149
Net Income Margin4.8%0.11*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*
Free Cashflow24.1%95.0076.0050919723442.0030631.0079.00-25.8036767.00197-80.803352132626.00386127182
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q22024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q2
Assets0.8%12,98812,89012,86212,99012,90813,20513,12512,94112,95812,94112,90612,88412,81112,68512,09010,86110,57610,49210,36210,36610,237
  Current Assets2.4%2,0692,0202,0022,1282,1042,4112,3872,4132,3252,2394642,1612,0531,9554221,7601,6161,5244261,5891,473
    Cash Equivalents-6.6%166178167155127357334344326338352313292256424221185171155163139
  Inventory---1,127---1,340---1,182---1,033---801--
  Net PPE0.9%1,3661,3551,3251,2861,2501,2251,1981,1391,1361,1361,1401,1141,1131,0711,028961927936953910917
  Goodwill0.1%5,2575,2545,2605,2525,2355,2305,2135,2105,3005,3335,3365,3805,4295,3974,9864,5744,4844,4974,5054,4974,511
Liabilities0.0%7,6337,6337,7797,9207,9518,3188,4268,3348,3438,3278,4808,4818,4708,5208,1506,9156,9146,9176,9056,8856,854
  Current Liabilities0.4%2,9842,9743,0993,1712,4873,3213,4323,1403,1333,0772193,1612,3812,4241921,9541,5822,0722242,0301,860
  Short Term Borrowings6.9%3523302723874601,3051,2371,43666763753976745759488716885.00725601684606
  Long Term Debt-0.1%3,3263,3293,3403,3854,1183,6203,6423,9053,9203,9653,9733,9854,7364,7393,7543,7384,1143,6283,6263,8433,978
    LT Debt, Current-1.5%7877987991,00528628127121.0077177177076926826626426489.0089.0098.0011988.00
    LT Debt, Non Current-0.1%3,3263,3293,3403,3854,1183,6203,6423,9053,9203,9653,9733,9854,7364,7393,7543,7384,1143,6283,6263,8433,978
Shareholder's Equity1.3%5,3275,2575,0615,0494,9574,8884,6994,6074,6154,6144,4264,4034,3414,1653,9403,9463,6623,5753,4573,4693,383
  Retained Earnings2.0%3,4803,4133,2503,2523,1913,1553,0233,0482,9342,9222,7822,7802,6612,5742,4162,3912,2892,1802,0562,0201,919
Accumulated Depreciation---1,253---1,135---1,062---985---8671,1201,103
Shares Outstanding0.1%269268-268268268-268268268-267267267-267266266-265265
Minority Interest7.6%27.0025.0023.0021.0020.0018.0019.0017.0017.0017.0015.0017.0016.0015.0014.0013.0012.0013.0013.0012.0012.00
Float-----23,765---23,765---23,765---23,311---20,659
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
Description(%) Q/Q2024Q22024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q2
Cashflow From Operations17.8%163,100138,400577,200265,900290,800103,400401,40095,700136,50017,900455,400144,200260,900-32,200414,600271,200310,70044,800452,200180,400210,600
  Share Based Compensation65.8%19,40011,70012,30012,60026,70011,80011,20012,20025,80011,10012,35011,60028,50014,2008,20010,70020,7006,4006,6007,80016,100
Cashflow From Investing-10.5%-68,300-61,800-75,700-68,700-54,600-61,500-90,90033,700-45,500-43,700-78,000-77,0001,600-755,200-882,300-58,100-46,900-38,300-66,500-50,500-28,700
Cashflow From Financing-54.4%-104,500-67,700-483,000-183,100-473,400-44,700-313,500-92,000-86,1004,400-325,000-30,900-234,800612,700653,600-202,200-237,6007,100-406,600-98,500-141,300
  Dividend Payments0.1%112,800112,700104,700104,600104,600104,60099,20099,30099,20099,00090,90090,80090,80090,80082,70082,50082,50082,40075,80075,60075,500
  Buy Backs2600.0%8,1003007,0008,10019,1003,5008,70013,70011,7008,7001,1002,9008,800100-3,55028,6007,20019,90012,55018,30039,400
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MKC Income Statement

2024-05-31
CONDENSED CONSOLIDATED INCOME STATEMENT (UNAUDITED) - USD ($)
shares in Millions, $ in Millions
3 Months Ended6 Months Ended
May 31, 2024
May 31, 2023
May 31, 2024
May 31, 2023
Net sales$ 1,643.2$ 1,659.2$ 3,245.9$ 3,224.7
Cost of goods sold1,023.61,043.72,027.02,046.3
Gross profit619.6615.51,218.91,178.4
Selling, general and administrative expense383.7380.5745.3716.6
Special charges1.813.26.041.0
Operating income234.1221.8467.6420.8
Interest expense52.952.2103.2102.8
Other income, net12.412.523.523.6
Income from consolidated operations before income taxes193.6182.1387.9341.6
Income tax expense26.240.375.874.7
Net income from consolidated operations167.4141.8312.1266.9
Income from unconsolidated operations16.810.338.124.3
Net income$ 184.2$ 152.1$ 350.2$ 291.2
Earnings per share - basic (usd per share)$ 0.69$ 0.57$ 1.30$ 1.09
Earnings per share - diluted (usd per share)$ 0.68$ 0.56$ 1.30$ 1.08
Average shares outstanding - basic (shares)268.6268.4268.5268.3
Average shares outstanding - diluted (shares)269.7269.8269.7269.8
Common stock    
Cash dividends paid per common share (usd per share)$ 0.42$ 0.39$ 0.84$ 0.78
Cash dividends declared per common share (usd per share)$ 0.42$ 0.39$ 0.42$ 0.39

MKC Balance Sheet

2024-05-31
CONDENSED CONSOLIDATED BALANCE SHEET - USD ($)
$ in Millions
May 31, 2024
Nov. 30, 2023
ASSETS  
Cash and cash equivalents$ 166.3$ 166.6
Trade accounts receivable, net of allowances598.5587.5
Inventories, net  
Finished products618.4570.0
Raw materials and work-in-process539.8556.5
Total inventory1,158.21,126.5
Prepaid expenses and other current assets146.4121.0
Total current assets2,069.42,001.6
Property, plant and equipment, net1,366.11,324.7
Goodwill5,257.25,260.1
Intangible assets, net3,338.93,356.7
Other long-term assets956.0919.2
Total assets12,987.612,862.3
LIABILITIES AND SHAREHOLDERS’ EQUITY  
Short-term borrowings352.4272.2
Current portion of long-term debt786.6799.3
Trade accounts payable1,210.31,119.3
Other accrued liabilities635.0908.1
Total current liabilities2,984.33,098.9
Long-term debt3,325.83,339.9
Deferred taxes851.0861.2
Other long-term liabilities472.3478.8
Total liabilities7,633.47,778.8
Shareholders’ equity  
Retained earnings3,480.33,249.7
Accumulated other comprehensive loss(387.6)(388.6)
Total McCormick shareholders' equity5,327.45,060.7
Non-controlling interests26.822.8
Total shareholders’ equity5,354.25,083.5
Total liabilities and shareholders’ equity12,987.612,862.3
Common stock  
Shareholders’ equity  
Common stock601.9597.1
Common stock non-voting  
Shareholders’ equity  
Common stock$ 1,632.8$ 1,602.5
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 Jul 19 2024, market cap of McCormick & Co Inc-MD is 19.77 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 Jul 19 2024, MKC's PE ratio (Price to Earnings) is 26.74 and Price to Sales (PS) ratio is 2.96. 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 0.093 (multiply by 100 for percentage) rate of return.