MKC Mccormick & Co Inc

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

Price (delayed)

$87.84

Market cap

$23.55B

P/E Ratio

31.37

Dividend/share

$1.42

EPS

$2.8

Enterprise value

$28.58B

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 11% year-on-year and by 4.2% since the previous quarter
MKC's revenue is up by 8% YoY
MKC's price to earnings (P/E) is 10% higher than its 5-year quarterly average of 27.8 but 3.4% lower than its last 4 quarters average of 31.6
The quick ratio has declined by 13% year-on-year
The gross margin has declined by 4.9% year-on-year
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
268.08M
Market cap
$23.55B
Enterprise value
$28.58B
Valuations
Price to earnings (P/E)
31.37
Price to book (P/B)
5.11
Price to sales (P/S)
3.7
EV/EBIT
28.45
EV/EBITDA
23.98
EV/Sales
4.49
Earnings
Revenue
$6.36B
EBIT
$1B
EBITDA
$1.19B
Free cash flow
$605.3M
Per share
EPS
$2.8
Free cash flow per share
$2.26
Book value per share
$17.19
Revenue per share
$23.74
TBVPS
$15.55
Balance sheet
Total assets
$12.94B
Total liabilities
$8.33B
Debt
$5.37B
Equity
$4.6B
Working capital
-$837.7M
Liquidity
Debt to equity
1.17
Current ratio
0.73
Quick ratio
0.28
Net debt/EBITDA
4.22
Margins
EBITDA margin
18.7%
Gross margin
39%
Net margin
11%
Operating margin
15.5%
Efficiency
Return on assets
5.4%
Return on equity
15.8%
Return on invested capital
16.3%
Return on capital employed
10.2%
Return on sales
15.8%
Dividend
Dividend yield
1.62%
DPS
$1.42
Payout ratio
50.7%

MKC stock price

How has the Mccormick stock price performed over time
Intraday
2.74%
1 week
6.42%
1 month
-6.26%
1 year
1.81%
YTD
-9.08%
QTD
-11.98%

Financial performance

How have Mccormick's revenue and profit performed over time
Revenue
$6.36B
Gross profit
$2.48B
Operating income
$985.7M
Net income
$700.2M
Gross margin
39%
Net margin
11%
The operating margin has decreased by 12% YoY and by 3.7% QoQ
The net margin has decreased by 11% YoY
MKC's revenue is up by 8% YoY
The operating income has declined by 5% year-on-year and by 2.9% since the previous quarter

Growth

What is Mccormick's growth rate over time

Valuation

What is Mccormick stock price valuation
P/E
31.37
P/B
5.11
P/S
3.7
EV/EBIT
28.45
EV/EBITDA
23.98
EV/Sales
4.49
MKC's price to earnings (P/E) is 10% higher than its 5-year quarterly average of 27.8 but 3.4% lower than its last 4 quarters average of 31.6
The EPS has declined by 2.4% year-on-year
MKC's equity is up by 11% year-on-year and by 4.2% since the previous quarter
The price to book (P/B) is 11% less than the 5-year quarterly average of 5.6 and 8% less than the last 4 quarters average of 5.4
MKC's revenue is up by 8% YoY
The price to sales (P/S) is 5% less than the last 4 quarters average of 3.8 and 2.7% less than the 5-year quarterly average of 3.7

Efficiency

How efficient is Mccormick business performance
The ROE has contracted by 14% YoY and by 3.1% from the previous quarter
The return on assets has declined by 13% year-on-year
The return on sales has declined by 12% year-on-year and by 3.1% since the previous quarter
Mccormick's return on invested capital has decreased by 10% YoY

Dividends

What is MKC's dividend history
Dividend details
DPS
$1.42
Dividend yield
1.62%
Payout ratio
50.7%
Recent dividends

Financial health

How did Mccormick financials performed over time
MKC's total assets is 55% greater than its total liabilities
The quick ratio has declined by 13% year-on-year
MKC's current ratio is down by 10% year-on-year but it is up by 7% since the previous quarter
The debt is 17% higher than the equity
The debt to equity has declined by 13% year-on-year and by 2.5% since the previous quarter
MKC's equity is up by 11% year-on-year and by 4.2% since the previous quarter

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