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McCormick & Company, Inc. (MKC.V)

Voting Stock
Stock Price: $201.60 USD 2.96 (1.49%)
Updated Aug 7, 2020 4:00 PM EDT - Market closed

Stock Price Chart

Key Info

Market Cap 26.86B
Revenue (ttm) 5.43B
Net Income (ttm) 704.00M
Shares Out 9.28M
EPS (ttm) 5.56
PE Ratio 36.26
Forward PE 35.97
Dividend $2.48
Dividend Yield 1.23%

Stock Quote

Trading Day Aug 7, 2020
Last Price $201.60
Previous Close $198.64
Change ($) 2.96
Change (%) 1.49%
Day's Open 200.00
Day's Range 199.14 - 201.60
Day's Volume 1,130
52-Week Range 113.12 - 201.60

More Stats

Market Cap 26.86B
Enterprise Value 30.96B
Earnings Date (est) Oct 1, 2020
Ex-Dividend Date Jul 2, 2020
Shares Outstanding 9.28M
Float 130.91M
EPS (basic) 5.62
EPS (diluted) 5.56
FCF / Share 5.87
Dividend $2.48
Dividend Yield 1.23%
Earnings Yield 2.76%
FCF Yield 2.91%
Payout Ratio 42.30%
Shares Short 603
Short Ratio 0.46
Short % of Float 0.01%
Beta 0.39
PE Ratio 36.26
Forward PE 35.97
P/FCF Ratio 34.37
PS Ratio 4.95
PB Ratio 7.12
Revenue 5.43B
Operating Income 1.00B
Net Income 704.00M
Free Cash Flow 781.40M
Net Cash -4.10B
Net Cash / Share -30.79
Gross Margin 39.53%
Operating Margin 18.51%
Profit Margin 13.00%
FCF Margin 14.40%
ROA 6.21%
ROE 21.18%
ROIC 19.00%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (12)

Buy 2
Overweight 0
Hold 6
Underweight 1
Sell 3

Analyst Consensus: Hold

Price Target

(-15.63% downside)
Current: $201.60
Target: 170.09
*Average 12-month price target from 11 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Revenue Growth0.84%12.1%7.23%2.68%1.25%2.91%2.72%8.56%10.81%-
Gross Profit2,1452,0931,7941,8321,7371,7301,6661,6181,5231,418
Operating Income958891700641548603551578540510
Net Income662899444436365409366386349345
Shares Outstanding133132131126128129132133133133
Earnings Per Share5.247.003.723.693.113.342.913.042.792.75
EPS Growth-25.14%88.17%0.81%18.65%-6.89%14.78%-4.28%8.96%1.45%-
Dividend Per Share2.282.081.881.721.601.481.361.241.121.04
Dividend Growth9.62%10.64%9.3%7.5%8.11%8.82%9.68%10.71%7.69%-
Operating Cash Flow947821815658590504465455340388
Capital Expenditures-174-169-182-152-128-132-97.40-109-96.10-82.80
Free Cash Flow773652633506462372368346244305
Cash & Equivalents15596.6018711811377.3063.0079.0053.9050.80
Total Debt4,3244,6965,0271,4471,3941,2851,2331,1721,252880
Net Cash / Debt-4,169-4,600-4,840-1,329-1,282-1,208-1,170-1,093-1,198-830
Book Value3,4443,1712,5711,6381,6871,8091,9481,7001,6191,463
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name McCormick & Company, Inc.
Country United States
Employees 12,400
CEO Lawrence Erik Kurzius

Stock Information

Ticker Symbol MKC.V
Stock Exchange New York Stock Exchange
Share Class Voting Stock
Sector Consumer Defensive
Industry Packaged Foods
Unique Identifier NYSE: MKC.V


McCormick & Company, Incorporated manufactures, markets, and distributes spices, seasoning mixes, condiments, and other flavorful products to the food industry. The company operates in two segments, Consumer and Flavor Solutions. The Consumer segment offers spices, herbs, and seasonings, as well as desserts. This segment markets its products under the McCormick, French, Frank's RedHot, Lawry's, Gourmet Garden, Club House, and OLD BAY brands in the Americas; Ducros, Schwartz, Kamis, and Drogheria & Alimentari, and Vahiné brand names in Europe, the Middle East, and Africa; McCormick and DaQiao brands in China; and McCormick, Aeroplane, and Gourmet Garden brand names 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 or wholesalers. 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.