McCormick & Company, Incorporated (MKC.V)
NYSE: MKC.V · Real-Time Price · USD
78.13
+1.18 (1.53%)
Nov 21, 2024, 3:59 PM EST - Market closed

McCormick & Company Statistics

Total Valuation

MKC.V has a market cap or net worth of $20.92 billion. The enterprise value is $25.37 billion.

Market Cap 20.92B
Enterprise Value 25.37B

Important Dates

The last earnings date was Tuesday, October 1, 2024, before market open.

Earnings Date Oct 1, 2024
Ex-Dividend Date Oct 7, 2024

Share Statistics

MKC.V has 16.17 million shares outstanding. The number of shares has decreased by -0.04% in one year.

Current Share Class 16.17M
Shares Outstanding 16.17M
Shares Change (YoY) -0.04%
Shares Change (QoQ) n/a
Owned by Insiders (%) n/a
Owned by Institutions (%) n/a
Float 266.79M

Valuation Ratios

The trailing PE ratio is 26.40 and the forward PE ratio is 26.01.

PE Ratio 26.40
Forward PE 26.01
PS Ratio n/a
Forward PS 3.04
PB Ratio n/a
P/TBV Ratio n/a
P/FCF Ratio 27.02
P/OCF Ratio 20.11
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 19.98, with an EV/FCF ratio of 32.77.

EV / Earnings 32.01
EV / Sales 3.80
EV / EBITDA 19.98
EV / EBIT 23.45
EV / FCF 32.77

Financial Position

The company has a current ratio of 0.71, with a Debt / Equity ratio of 0.85.

Current Ratio 0.71
Quick Ratio 0.27
Debt / Equity 0.85
Debt / EBITDA 3.44
Debt / FCF 5.97
Interest Coverage 5.17

Financial Efficiency

Return on equity (ROE) is 15.07% and return on invested capital (ROIC) is 6.77%.

Return on Equity (ROE) 15.07%
Return on Assets (ROA) 5.16%
Return on Capital (ROIC) 6.77%
Revenue Per Employee $483,949
Profits Per Employee $57,435
Employee Count 13,800
Asset Turnover 0.51
Inventory Turnover 3.33

Taxes

In the past 12 months, MKC.V has paid $173.90 million in taxes.

Income Tax 173.90M
Effective Tax Rate 17.99%

Stock Price Statistics

The stock price has increased by +18.30% in the last 52 weeks. The beta is 0.76, so MKC.V's price volatility has been lower than the market average.

Beta (5Y) 0.76
52-Week Price Change +18.30%
50-Day Moving Average 79.69
200-Day Moving Average 74.72
Relative Strength Index (RSI) 49.12
Average Volume (20 Days) 4,828

Short Selling Information

The latest short interest is 242, so 0.00% of the outstanding shares have been sold short.

Short Interest 242
Short Previous Month 162
Short % of Shares Out 0.00%
Short % of Float 0.00%
Short Ratio (days to cover) 0.06

Income Statement

In the last 12 months, MKC.V had revenue of $6.68 billion and earned $792.60 million in profits. Earnings per share was $2.94.

Revenue 6.68B
Gross Profit 2.57B
Operating Income 1.08B
Pretax Income 845.00M
Net Income 792.60M
EBITDA 1.27B
EBIT 1.08B
Earnings Per Share (EPS) $2.94
Full Income Statement

Balance Sheet

The company has $200.80 million in cash and $4.62 billion in debt, giving a net cash position of -$4.42 billion or -$273.62 per share.

Cash & Cash Equivalents 200.80M
Total Debt 4.62B
Net Cash -4.42B
Net Cash Per Share -$273.62
Equity (Book Value) 5.45B
Book Value Per Share 20.20
Working Capital -900.00M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $1.04 billion and capital expenditures -$266.00 million, giving a free cash flow of $774.40 million.

Operating Cash Flow 1.04B
Capital Expenditures -266.00M
Free Cash Flow 774.40M
FCF Per Share $47.90
Full Cash Flow Statement

Margins

Gross margin is 38.48%, with operating and profit margins of 16.20% and 11.87%.

Gross Margin 38.48%
Operating Margin 16.20%
Pretax Margin 14.47%
Profit Margin 11.87%
EBITDA Margin 19.02%
EBIT Margin 16.20%
FCF Margin 13.00%

Dividends & Yields

This stock pays an annual dividend of $1.68, which amounts to a dividend yield of 2.15%.

Dividend Per Share $1.68
Dividend Yield 2.15%
Dividend Growth (YoY) 7.69%
Years of Dividend Growth 8
Payout Ratio 57.14%
Buyback Yield 0.04%
Shareholder Yield 2.22%
Earnings Yield 3.79%
FCF Yield 3.70%
Dividend Details

Analyst Forecast

The average price target for MKC.V is $78.50, which is 0.47% higher than the current price. The consensus rating is "Hold".

Price Target $78.50
Price Target Difference 0.47%
Analyst Consensus Hold
Analyst Count 9
Revenue Growth Forecast (5Y) 3.01%
EPS Growth Forecast (5Y) 9.71%
Stock Forecasts

Stock Splits

The last stock split was on December 1, 2020. It was a forward split with a ratio of 2:1.

Last Split Date Dec 1, 2020
Split Type Forward
Split Ratio 2:1

Scores

MKC.V has an Altman Z-Score of 2.54 and a Piotroski F-Score of 8. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 2.54
Piotroski F-Score 8