A Business at a Glance
0 of 5 daily views used (5 remaining). Sign up free for 10 daily views, or try AAPL for a full preview.
McCormick is a global leader in flavor. We manufacture, market, and distribute herbs, spices, seasoning mixes, condiments, and other flavorful products to the entire food and beverage industry: retailers, food manufacturers, and foodservice businesses. We also are partners in a number of joint ventures that are involved in the manufacture and sale of flavorful products, the most significant of which is McCormick de Mexico. Our major sales, distribution, and production facilities are located in North America, Europe, and China. Additional facilities are based in Australia, Central America, Thailand, and South Africa. On January 2, 2026, we completed the purchase of an additional 25% ownership interest in McCormick de Mexico. The purchase price was $750 million, which increased our ownership to a 75% controlling interest. We believe the acquisition creates opportunities for further growth in the Mexican market and provides a strategic platform for further expansion in Latin America.
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 7.1B | 6.8B | 6.7B | 6.7B | 6.4B | 6.3B |
| Net Income | 1.6B | 789M | 789M | 681M | 682M | 755M |
| EPS | $6.10 | $2.93 | $2.92 | $2.52 | $2.52 | $2.80 |
| Free Cash Flow | 680M | 740M | 647M | 973M | 390M | 550M |
| ROIC | 8.1% | 7.6% | 9.1% | 7.0% | 7.5% | 7.6% |
| Gross Margin | 37.9% | 37.9% | 38.5% | 37.6% | 35.8% | 39.5% |
| Debt/Equity | 0.71 | 0.74 | 0.82 | 0.92 | 1.10 | 1.23 |
| Dividends/Share | $1.82 | $1.83 | $1.71 | $1.59 | $1.50 | $1.39 |
| Operating Income | 1.1B | 1.1B | 1.1B | 963M | 864M | 1.0B |
| Operating Margin | 15.1% | 15.7% | 15.8% | 14.5% | 13.6% | 16.1% |
| ROE | 23.5% | 14.3% | 14.9% | 14.0% | 14.6% | 18.1% |
| Shares Outstanding | 269M | 269M | 270M | 270M | 271M | 270M |
MCCORMICK & CO INC passes 4 of 9 quality checks, suggesting mixed fundamentals.
MCCORMICK & CO INC trades at 18.5x trailing earnings, compared to its 15-year median P/E of 25.1x, suggesting it is currently Cheap relative to its historical range. On a free-cash-flow basis, the stock trades at 1.1x vs a median of 26.2x. The company's 5-year average ROIC is 7.8% with a gross margin of 37.9%. Total shareholder yield (dividends + buybacks) is 3.6%. At current prices, the estimated annualized return to fair value is +71.2%.
MCCORMICK & CO INC (MKC) has a current P/E ratio of 18.5, compared to its historical median P/E of 25.1. The stock is currently considered Cheap based on its historical valuation range.
MCCORMICK & CO INC (MKC) has a 5-year average return on invested capital (ROIC) of 7.8%. This is below average and may indicate limited pricing power.
MCCORMICK & CO INC (MKC) has a market capitalization of $14.6B. It is classified as a large-cap stock.
Yes, MCCORMICK & CO INC (MKC) pays a dividend with a trailing twelve-month yield of 3.37%. The company also returns capital through share buybacks, with a buyback yield of 0.20%.
Based on historical P/E analysis, MCCORMICK & CO INC (MKC) appears cheap. The current P/E of 18.5 is 26% below its historical median of 25.1. The estimated fair value CAGR (P/E method) is -0.9%.
MCCORMICK & CO INC (MKC) operates in the Miscellaneous Food Preparations & Kindred Products industry, within the Consumer Defensive sector.
MCCORMICK & CO INC (MKC) reported annual revenue of $6.8 billion in its most recent fiscal year, based on SEC EDGAR filings.
MCCORMICK & CO INC (MKC) has a net profit margin of 11.5%. This is a healthy margin.
MCCORMICK & CO INC (MKC) generated $740 million in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
MCCORMICK & CO INC (MKC) has a debt-to-equity ratio of 0.74. This indicates moderate leverage.
MCCORMICK & CO INC (MKC) reported earnings per share (EPS) of $2.93 in its most recent fiscal year.
MCCORMICK & CO INC (MKC) has a return on equity (ROE) of 14.3%. This indicates moderate shareholder returns.
MCCORMICK & CO INC (MKC) has a 5-year average gross margin of 37.9%. This indicates decent pricing power.
The Ledger Terminal provides 18 years of financial data for MCCORMICK & CO INC (MKC), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
MCCORMICK & CO INC (MKC) has a book value per share of $21.29, based on its most recent annual SEC filing.
No recent press releases.