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Ticker
MKC

Price
76.49
Stock movement down
-0.37 (-0.48%)
Company name
McCormick & Company Incorporated
Exchange
(NYSE
,
Currency
USD
)
Sector
Consumer Defensive >
Packaged Foods
Market cap
19.29B
Ent value
26.84B
Price/Sales
2.89
Price/Book
3.54
Div yield
2.20%
Div growth
8.35%
Growth years
34
FCF payout
57.21%
Trailing P/E
24.34
Forward P/E
24.44
PEG
3.38
EPS growth
-7.95%
1 year return
10.92%
3 year return
-7.17%
5 year return
-2.13%
10 year return
7.17%
Last updated: 2025-01-03

DIVIDENDS

Dividend yield - 5y

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Dividend yield data
Dividend per share1.68
Dividend yield2.20%
Payout frequency-
Maximum yield2.62%
Average yield1.81%
Minimum yield1.18%
Discount to avg yield17.71%
Upside potential21.53%
Yield as % of max yield83.86%

Yield distribution (inverse percentile) - 5y

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Yield distribution data
Dividend yield2.20%
Current yield distribution16.90%
Yield at 100% (Min)1.18%
Yield at 90%1.44%
Yield at 80%1.50%
Yield at 50% (Median)1.74%
Yield at 20%2.15%
Yield at 10%2.40%
Yield at 0% (Max)2.62%

Dividend per share

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Dividend per share data
Years of growth34 years
CCC statusDividend Champion
Dividend per share1.68
Payout frequency-
Ex-div date30 Dec 2024
EPS (TTM)2.94
EPS (1y forward)3.13
EPS growth (5y)-7.95%
EPS growth (5y forward)7.20%

Dividend growth

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Dividend growth data
MKCS&P500
DGR MR7.69%12.57%
DGR TTM7.69%6.51%
DGR 3 years7.78%5.24%
DGR 5 years8.35%5.40%
DGR 10 years8.63%7.07%
DGR 15 years8.78%6.12%
Time since last change announced403 days
EPS growth (5y)-7.95%
EPS growth (5y forward)7.20%

Payout ratio

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Payout ratio data
EPS coverageFCF coverage
TTM55.89%57.21%
Average--
Forward53.68%-

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VALUATION

Valuation Ratios

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Valuation Ratios data
Trailing P/E24.34
Price to OCF18.54
Price to FCF24.91
Price to EBITDA18.98
EV to EBITDA26.42

Valuation (Sales/Book Value)

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Valuation (Sales/Book Value) data
Price to Sales2.89
Price to Book3.54
EV to Sales4.02

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FINANCIALS

Per share

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Per share data
Current share count252.19M
EPS (TTM)2.94
FCF per share (TTM)2.87

Income statement

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Income statement data
Revenue (TTM)6.68B
Gross profit (TTM)2.57B
Operating income (TTM)1.06B
Net income (TTM)792.60M
EPS (TTM)2.94
EPS (1y forward)3.13

Margins

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Margins data
Gross margin (TTM)38.46%
Operating margin (TTM)15.81%
Profit margin (TTM)11.87%

Balance Sheet

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Balance Sheet data
Cash200.80M
Net receivables660.90M
Total current assets2.24B
Goodwill5.28B
Intangible assets3.33B
Property, plant and equipment0.00
Total assets13.20B
Accounts payable1.23B
Short/Current long term debt4.59B
Total current liabilities3.14B
Total liabilities7.75B
Shareholder's equity5.45B
Net tangible assets0.00

Cash flow

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Cash flow data
Operating cash flow (TTM)1.04B
Capital expenditures (TTM)266.00M
Free cash flow (TTM)774.40M
Dividends paid (TTM)443.00M

Financial returns

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Financial returns data
Return on Equity14.54%
Return on Assets6.00%
Return on Invested Capital7.90%
Cash Return on Invested Capital7.71%

STOCK INFORMATION

Stock chart

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Stock price data
Open75.70
Daily high76.52
Daily low75.37
Daily Volume109K
All-time high104.89
1y analyst estimate84.91
Beta0.76
EPS (TTM)2.94
Dividend per share1.68
Ex-div date30 Dec 2024
Next earnings date23 Jan 2025

Downside potential

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Downside potential data
MKCS&P500
Current price drop from All-time high-27.08%-2.61%
Highest price drop-43.22%-56.47%
Date of highest drop12 Oct 20239 Mar 2009
Avg drop from high-11.74%-11.12%
Avg time to new high21 days12 days
Max time to new high1314 days1805 days

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COMPANY DETAILS
MKC (McCormick & Company Incorporated) company logo
Marketcap
19.29B
Marketcap category
Large-cap
Description
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, LA Drogheria, and Vahiné brands in Europe, the Middle East, and Africa; McCormick and DaQiao brands in the Asia/Pacific; McCormick, Aeroplane, and Gourmet Garden brands in China; and the McCormick brand and other 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.
Employees
13800
Investor relations
SEC filings
CEO
Lawrence Kurzius
Country
USA
City
Hunt Valley
Stock type
Common stock
CCC status
Dividend Champion
Dividend Frequency
-
EVENTS AND PRESENTATIONS
EventsPresentations
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UNDERSTAND THE BUSINESS
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