Price (delayed)
$82.88
Market cap
$22.26B
P/E Ratio
30.03
Dividend/share
$1.65
EPS
$2.76
Enterprise value
$26.56B
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
The debt has decreased by 8% YoY
MKC's equity is up by 8% year-on-year
The quick ratio has declined by 7% year-on-year but it rose by 4% since the previous quarter
MKC's price to earnings (P/E) is 7% higher than its last 4 quarters average of 28.0 but 3.8% lower than its 5-year quarterly average of 31.2
Key stats
What are the main financial stats of MKC
Market
Valuations
Earnings
Shares outstanding
268.63M
Market cap
$22.26B
Enterprise value
$26.56B
Price to earnings (P/E)
30.03
Price to book (P/B)
4.18
Price to sales (P/S)
3.33
EV/EBIT
25.21
EV/EBITDA
21.09
EV/Sales
3.97
Revenue
$6.68B
EBIT
$1.05B
EBITDA
$1.26B
Free cash flow
$869M
Per share
Balance sheet
Liquidity
EPS
$2.76
Free cash flow per share
$3.24
Book value per share
$19.85
Revenue per share
$24.88
TBVPS
$16.35
Total assets
$12.99B
Total liabilities
$7.63B
Debt
$4.46B
Equity
$5.33B
Working capital
-$914.9M
Debt to equity
0.84
Current ratio
0.69
Quick ratio
0.26
Net debt/EBITDA
3.41
Margins
Efficiency
Dividend
EBITDA margin
18.8%
Gross margin
38%
Net margin
10%
Operating margin
15.1%
Return on assets
5.2%
Return on equity
13%
Return on invested capital
18.7%
Return on capital employed
10.5%
Return on sales
15.8%
Dividend yield
1.99%
DPS
$1.65
Payout ratio
59.8%
MKC stock price
How has the Mccormick stock price performed over time
Intraday
-0.19%
1 week
3.56%
1 month
7.79%
1 year
3.47%
YTD
21.13%
QTD
16.83%
Financial performance
How have Mccormick's revenue and profit performed over time
Revenue
$6.68B
Gross profit
$2.54B
Operating income
$1.01B
Net income
$669.4M
Gross margin
38%
Net margin
10%
The operating income has grown by 10% year-on-year
The company's gross profit rose by 7% YoY
The operating margin has increased by 7% YoY
The net margin has increased by 4.2% QoQ
Growth
What is Mccormick's growth rate over time
Valuation
What is Mccormick stock price valuation
P/E
30.03
P/B
4.18
P/S
3.33
EV/EBIT
25.21
EV/EBITDA
21.09
EV/Sales
3.97
MKC's price to earnings (P/E) is 7% higher than its last 4 quarters average of 28.0 but 3.8% lower than its 5-year quarterly average of 31.2
The EPS has grown by 6% year-on-year and by 4.5% since the previous quarter
The price to book (P/B) is 18% less than the 5-year quarterly average of 5.1 but 13% more than the last 4 quarters average of 3.7
MKC's equity is up by 8% year-on-year
The price to sales (P/S) is 15% more than the last 4 quarters average of 2.9 but 10% less than the 5-year quarterly average of 3.7
MKC's revenue is up by 2.6% YoY
Efficiency
How efficient is Mccormick business performance
Mccormick's return on invested capital has increased by 13% YoY and by 5% QoQ
The ROE has contracted by 6% YoY but it has grown by 2.4% from the previous quarter
The return on assets rose by 4% since the previous quarter and by 4% year-on-year
Dividends
What is MKC's dividend history
DPS
$1.65
Dividend yield
1.99%
Payout ratio
59.8%
Recent dividends
Special dividends are included in TTM DPS and yield
Financial health
How did Mccormick financials performed over time
MKC's total assets is 70% greater than its total liabilities
MKC's current ratio is down by 19% year-on-year
The quick ratio has declined by 7% year-on-year but it rose by 4% since the previous quarter
The debt is 16% lower than the equity
The debt to equity has declined by 15% year-on-year
The debt has decreased by 8% YoY
All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise
specified. Data from 
and Sharadar.