MKC Mccormick & Co Inc

  1. Stocks
  2. Consumer Defensive
  3. NYSE: MKC

Price (delayed)

$88.28

Market cap

$23.57B

P/E Ratio

30.76

Dividend/share

$1.64

EPS

$2.87

Enterprise value

$28.92B

McCormick & Company is a global food company that manufactures, markets, and distributes spices, seasoning mixes, condiments, and other flavoring products for the industrial, restaurant, institutional, and home markets. A ...

Highlights
MKC's equity is up by 16% year-on-year and by 6% since the previous quarter
The quick ratio rose by 14% year-on-year and by 3.2% since the previous quarter
MKC's price to earnings (P/E) is 16% higher than its 5-year quarterly average of 26.7 but 4.8% lower than its last 4 quarters average of 32.5
The debt has increased by 26% YoY and by 14% QoQ
Sector: Consumer Defensive
Industry: Packaged Foods
Website: https://www.mccormick.com/
Peers: THS CAG HAIN PEP

Key stats

What are the main financial stats of MKC
Market
Shares outstanding
267.04M
Market cap
$23.57B
Enterprise value
$28.92B
Valuations
Price to earnings (P/E)
30.76
Price to book (P/B)
5.68
Price to sales (P/S)
4.02
EV/EBIT
27.32
EV/EBITDA
23.52
EV/Sales
4.93
Earnings
Revenue
$5.87B
EBIT
$1.06B
EBITDA
$1.23B
Free cash flow
$728.9M
Per share
EPS
$2.87
Free cash flow per share
$2.73
Book value per share
$15.54
Revenue per share
$21.98
TBVPS
$14.18
Balance sheet
Total assets
$12.69B
Total liabilities
$8.52B
Debt
$5.6B
Equity
$4.15B
Working capital
-$469M
Liquidity
Debt to equity
1.35
Current ratio
0.81
Quick ratio
0.32
Net debt/EBITDA
4.35
Margins
EBITDA margin
20.9%
Gross margin
41%
Net margin
12.3%
Operating margin
17.7%
Efficiency
Return on assets
6.2%
Return on equity
18.4%
Return on invested capital
18.2%
Return on capital employed
10.3%
Return on sales
18%
Dividend
Dividend yield
1.86%
DPS
$1.64
Payout ratio
57.1%

MKC stock price

How has the Mccormick stock price performed over time
Intraday
-0.55%
1 week
0.17%
1 month
-1.43%
1 year
2.07%
YTD
-7.66%
QTD
-0.99%

Financial performance

How have Mccormick's revenue and profit performed over time
Revenue
$5.87B
Gross profit
$2.41B
Operating income
$1.04B
Net income
$720.8M
Gross margin
41%
Net margin
12.3%
The company's gross profit rose by 12% YoY and by 4.7% QoQ
The company's net income rose by 10% YoY and by 2% QoQ
MKC's revenue is up by 10% YoY and by 4.8% QoQ
The operating income has grown by 9% year-on-year and by 4.2% since the previous quarter

Growth

What is Mccormick's growth rate over time

Valuation

What is Mccormick stock price valuation
P/E
30.76
P/B
5.68
P/S
4.02
EV/EBIT
27.32
EV/EBITDA
23.52
EV/Sales
4.93
MKC's price to earnings (P/E) is 16% higher than its 5-year quarterly average of 26.7 but 4.8% lower than its last 4 quarters average of 32.5
The EPS has grown by 9% year-on-year and by 2.5% since the previous quarter
MKC's equity is up by 16% year-on-year and by 6% since the previous quarter
The price to book (P/B) is 9% less than the last 4 quarters average of 6.3 and 4.8% less than the 5-year quarterly average of 6.0
The price to sales (P/S) is 15% more than the 5-year quarterly average of 3.5 but 8% less than the last 4 quarters average of 4.4
MKC's revenue is up by 10% YoY and by 4.8% QoQ

Efficiency

How efficient is Mccormick business performance
The ROE has contracted by 3.2% YoY and by 2.1% from the previous quarter
The return on assets has declined by 3.1% since the previous quarter and by 3.1% year-on-year
Mccormick's return on invested capital has decreased by 2.2% QoQ
The return on sales has declined by 2.2% year-on-year

Dividends

What is MKC's dividend history
DPS
$1.64
Dividend yield
1.86%
Payout ratio
57.1%
Recent dividends

Financial health

How did Mccormick financials performed over time
MKC's total assets is 49% greater than its total liabilities
The total liabilities has increased by 23% YoY and by 4.5% QoQ
MKC's total assets is up by 21% year-on-year and by 4.9% since the previous quarter
The debt is 35% higher than the equity
The debt has increased by 26% YoY and by 14% QoQ
MKC's equity is up by 16% year-on-year and by 6% since the previous quarter

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.