MKC Mccormick & Co Inc

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

Price (delayed)

$86.71

Market cap

$23.17B

P/E Ratio

30.75

Dividend/share

$1.67

EPS

$2.82

Enterprise value

$28.34B

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 19% year-on-year and by 4.2% since the previous quarter
MKC's revenue is up by 11% YoY and by 2.7% QoQ
The debt has increased by 27% YoY but it has decreased by 2.5% QoQ
The quick ratio has declined by 23% year-on-year but it rose by 3.1% since the previous quarter
The company's net income fell by 3.5% 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
267.27M
Market cap
$23.17B
Enterprise value
$28.34B
Valuations
Price to earnings (P/E)
30.75
Price to book (P/B)
5.35
Price to sales (P/S)
3.85
EV/EBIT
27.28
EV/EBITDA
23.34
EV/Sales
4.7
Earnings
Revenue
$6.03B
EBIT
$1.04B
EBITDA
$1.21B
Free cash flow
$663.5M
Per share
EPS
$2.82
Free cash flow per share
$2.48
Book value per share
$16.2
Revenue per share
$22.55
TBVPS
$14.54
Balance sheet
Total assets
$12.81B
Total liabilities
$8.47B
Debt
$5.46B
Equity
$4.33B
Working capital
-$328.6M
Liquidity
Debt to equity
1.26
Current ratio
0.86
Quick ratio
0.33
Net debt/EBITDA
4.26
Margins
EBITDA margin
20.2%
Gross margin
40.5%
Net margin
11.5%
Operating margin
17%
Efficiency
Return on assets
5.7%
Return on equity
17%
Return on invested capital
17.2%
Return on capital employed
10%
Return on sales
17.2%
Dividend
Dividend yield
1.93%
DPS
$1.67
Payout ratio
59.2%

MKC stock price

How has the Mccormick stock price performed over time
Intraday
0.7%
1 week
1.36%
1 month
-1.29%
1 year
-10.02%
YTD
-9.3%
QTD
-1.82%

Financial performance

How have Mccormick's revenue and profit performed over time
Revenue
$6.03B
Gross profit
$2.44B
Operating income
$1.02B
Net income
$695.4M
Gross margin
40.5%
Net margin
11.5%
The net margin has decreased by 12% YoY and by 7% QoQ
MKC's revenue is up by 11% YoY and by 2.7% QoQ
The company's gross profit rose by 10% YoY
The operating margin has decreased by 8% YoY and by 4% QoQ

Growth

What is Mccormick's growth rate over time

Valuation

What is Mccormick stock price valuation
P/E
30.75
P/B
5.35
P/S
3.85
EV/EBIT
27.28
EV/EBITDA
23.34
EV/Sales
4.7
MKC's price to earnings (P/E) is 14% higher than its 5-year quarterly average of 26.9 but 6% lower than its last 4 quarters average of 32.6
MKC's equity is up by 19% year-on-year and by 4.2% since the previous quarter
The price to book (P/B) is 13% less than the last 4 quarters average of 6.1 and 10% less than the 5-year quarterly average of 5.9
The price to sales (P/S) is 11% less than the last 4 quarters average of 4.3 but 9% more than the 5-year quarterly average of 3.5
MKC's revenue is up by 11% YoY and by 2.7% QoQ

Efficiency

How efficient is Mccormick business performance
The return on assets has declined by 15% year-on-year and by 8% since the previous quarter
The ROE has contracted by 15% YoY and by 8% from the previous quarter
The return on sales has declined by 9% year-on-year and by 4.4% since the previous quarter
Mccormick's return on invested capital has decreased by 9% YoY and by 5% QoQ

Dividends

What is MKC's dividend history
DPS
$1.67
Dividend yield
1.93%
Payout ratio
59.2%
Recent dividends

Financial health

How did Mccormick financials performed over time
MKC's total assets is 51% greater than its total liabilities
The quick ratio has declined by 23% year-on-year but it rose by 3.1% since the previous quarter
The total liabilities has increased by 23% YoY
The debt is 26% higher than the equity
The debt has increased by 27% YoY but it has decreased by 2.5% QoQ
MKC's equity is up by 19% 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.