McCormick & Company Statistics
Total Valuation
MKC.V has a market cap or net worth of $20.31 billion. The enterprise value is $24.59 billion.
| Market Cap | 20.31B |
| Enterprise Value | 24.59B |
Important Dates
The last earnings date was Tuesday, March 26, 2024, before market open.
| Earnings Date | Mar 26, 2024 |
| Ex-Dividend Date | Apr 5, 2024 |
Share Statistics
MKC.V has 267.41 million shares outstanding. The number of shares has increased by 0.07% in one year.
| Shares Outstanding | 267.41M |
| Shares Change (YoY) | +0.07% |
| Shares Change (QoQ) | n/a |
| Owned by Insiders (%) | 19.97% |
| Owned by Institutions (%) | 8.25% |
| Float | 266.64M |
Valuation Ratios
The trailing PE ratio is 28.99 and the forward PE ratio is 26.75. MKC.V's PEG ratio is 2.49.
| PE Ratio | 28.99 |
| Forward PE | 26.75 |
| PS Ratio | 3.03 |
| Forward PS | 3.03 |
| PB Ratio | 3.88 |
| P/FCF Ratio | 20.15 |
| PEG Ratio | 2.49 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 19.85, with an EV/FCF ratio of 24.40.
| EV / Earnings | 38.19 |
| EV / Sales | 3.67 |
| EV / EBITDA | 19.85 |
| EV / EBIT | 23.61 |
| EV / FCF | 24.40 |
Financial Position
The company has a current ratio of 0.68, with a Debt / Equity ratio of 0.85.
| Current Ratio | 0.68 |
| Quick Ratio | 0.25 |
| Debt / Equity | 0.85 |
| Debt / EBITDA | 3.60 |
| Debt / FCF | 4.42 |
| Interest Coverage | 5.01 |
Financial Efficiency
Return on equity (ROE) is 12.70% and return on invested capital (ROIC) is 7.95%.
| Return on Equity (ROE) | 12.70% |
| Return on Assets (ROA) | 5.00% |
| Return on Capital (ROIC) | 7.95% |
| Revenue Per Employee | $485,464 |
| Profits Per Employee | $46,652 |
| Employee Count | 13,800 |
| Asset Turnover | 0.52 |
| Inventory Turnover | 3.36 |
Taxes
In the past 12 months, MKC.V has paid $189.70 million in taxes.
| Income Tax | 189.70M |
| Effective Tax Rate | 22.76% |
Stock Price Statistics
The stock price has decreased by -11.33% in the last 52 weeks. The beta is 0.73, so MKC.V's price volatility has been lower than the market average.
| Beta (1Y) | 0.73 |
| 52-Week Price Change | -11.33% |
| 50-Day Moving Average | 70.88 |
| 200-Day Moving Average | 72.52 |
| Relative Strength Index (RSI) | 57.32 |
| Average Volume (30 Days) | 2,733 |
Short Selling Information
The latest short interest is 3,067, so 0.00% of the outstanding shares have been sold short.
| Short Interest | 3,067 |
| Short Previous Month | 31 |
| Short % of Shares Out | 0.00% |
| Short % of Float | 0.00% |
| Short Ratio (days to cover) | 1.16 |
Income Statement
In the last 12 months, MKC.V had revenue of $6.70 billion and earned $643.80 million in profits. Earnings per share was $2.62.
| Revenue | 6.70B |
| Gross Profit | 2.54B |
| Operating Income | 997.50M |
| Pretax Income | 833.50M |
| Net Income | 643.80M |
| EBITDA | 1.24B |
| EBIT | 1.04B |
| Earnings Per Share (EPS) | $2.62 |
Balance Sheet
The company has $178.00 million in cash and $4.46 billion in debt, giving a net cash position of -$4.28 billion or -$16.00 per share.
| Cash & Cash Equivalents | 178.00M |
| Total Debt | 4.46B |
| Net Cash | -4.28B |
| Net Cash Per Share | -$16.00 |
| Equity / Book Value | 5.23B |
| Book Value Per Share | 19.57 |
| Working Capital | -953.60M |
Cash Flow
In the last 12 months, operating cash flow was $1.27 billion and capital expenditures -$264.40 million, giving a free cash flow of $1.01 billion.
| Operating Cash Flow | 1.27B |
| Capital Expenditures | -264.40M |
| Free Cash Flow | 1.01B |
| FCF Per Share | $3.76 |
Margins
Gross margin is 37.90%, with operating and profit margins of 14.89% and 9.61%.
| Gross Margin | 37.90% |
| Operating Margin | 14.89% |
| Pretax Margin | 12.44% |
| Profit Margin | 9.61% |
| EBITDA Margin | 18.49% |
| EBIT Margin | 15.54% |
| FCF Margin | 15.04% |
Dividends & Yields
This stock pays an annual dividend of $1.68, which amounts to a dividend yield of 2.21%.
| Dividend Per Share | $1.68 |
| Dividend Yield | 2.21% |
| Dividend Growth (YoY) | 6.58% |
| Years of Dividend Growth | 23 |
| Payout Ratio | 64.12% |
| Buyback Yield | -0.07% |
| Shareholder Yield | 2.14% |
| Earnings Yield | 3.17% |
| FCF Yield | 4.96% |
Analyst Forecast
The average price target for MKC.V is $77.11, which is 1.53% higher than the current price. The consensus rating is "Hold".
| Price Target | $77.11 |
| Price Target Difference | 1.53% |
| Analyst Consensus | Hold |
| Analyst Count | 10 |
| Revenue Growth Forecast (5Y) | 3.75% |
| EPS Growth Forecast (5Y) | 11.03% |
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 2.66 and a Piotroski F-Score of 7. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 2.66 |
| Piotroski F-Score | 7 |