MKC Mccormick & Co Inc

Price (delayed)

$91.97

Market cap

$24.54B

P/E Ratio

32.16

Dividend/share

$1.61

EPS

$2.86

Enterprise value

$28.49B

Sector: Consumer Defensive
Industry: Packaged Foods

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 13% year-on-year and by 8% since the previous quarter
The debt has decreased by 10% YoY and by 2.8% QoQ
The quick ratio rose by 16% year-on-year but it has declined by 14% since the previous quarter
MKC's price to earnings (P/E) is 22% higher than its 5-year quarterly average of 26.4

Key stats

What are the main financial stats of MKC
Market
Shares outstanding
266.82M
Market cap
$24.54B
Enterprise value
$28.49B
Valuations
Price to earnings (P/E)
32.16
Price to book (P/B)
6.23
Price to sales (P/S)
4.44
EV/EBIT
27.29
EV/EBITDA
23.57
EV/Sales
5.15
Earnings
Revenue
$5.53B
EBIT
$1.04B
EBITDA
$1.21B
Free cash flow
$866.7M
Per share
EPS
$2.86
Free cash flow per share
$3.25
Book value per share
$14.76
Revenue per share
$20.74
TBVPS
$12.92
Balance sheet
Total assets
$10.86B
Total liabilities
$6.91B
Debt
$4.17B
Equity
$3.93B
Working capital
-$193.9M
Liquidity
Debt to equity
1.06
Current ratio
0.9
Quick ratio
0.37
Net debt/EBITDA
3.27
Margins
EBITDA margin
21.9%
Gross margin
41.1%
Net margin
13%
Operating margin
18.5%
Efficiency
Return on assets
6.8%
Return on equity
19.7%
Return on invested capital
19.3%
Return on capital employed
11.7%
Return on sales
18.9%
Dividend
Dividend yield
1.75%
DPS
$1.61
Payout ratio
56.3%

MKC stock price

How has the Mccormick stock price performed over time
Intraday
0.56%
1 week
-1.56%
1 month
-1.06%
1 year
6.61%
YTD
-3.8%
QTD
-3.8%

Financial performance

How have Mccormick's revenue and profit performed over time
Revenue
$5.53B
Gross profit
$2.27B
Operating income
$1.02B
Net income
$718.2M
Gross margin
41.1%
Net margin
13%
The company's net income rose by 8% YoY and by 2% QoQ
The operating income has grown by 8% year-on-year
The company's gross profit rose by 7% YoY and by 2.3% QoQ
The net margin has increased by 4.8% YoY

Growth

What is Mccormick's growth rate over time

Valuation

What is Mccormick stock price valuation
P/E
32.16
P/B
6.23
P/S
4.44
EV/EBIT
27.29
EV/EBITDA
23.57
EV/Sales
5.15
MKC's price to earnings (P/E) is 22% higher than its 5-year quarterly average of 26.4
The EPS has grown by 7% year-on-year
MKC's equity is up by 13% year-on-year and by 8% since the previous quarter
The price to book (P/B) is 2.1% more than the 5-year quarterly average of 6.1
The price to sales (P/S) is 35% more than the 5-year quarterly average of 3.3 and 3.3% more than the last 4 quarters average of 4.3
MKC's revenue is up by 3.7% YoY

Efficiency

How efficient is Mccormick business performance
Mccormick's return on invested capital has increased by 8% YoY
The return on assets rose by 4.6% year-on-year
The return on sales has grown by 2.7% year-on-year

Dividends

What is MKC's dividend history
DPS
$1.61
Dividend yield
1.75%
Payout ratio
56.3%
Recent dividends

Financial health

How did Mccormick financials performed over time
MKC's total assets is 57% greater than its total liabilities
The quick ratio rose by 16% year-on-year but it has declined by 14% since the previous quarter
MKC's current ratio is up by 15% year-on-year but it is down by 12% since the previous quarter
The debt is 6% higher than the equity
The debt to equity has declined by 21% year-on-year and by 9% since the previous quarter
MKC's equity is up by 13% year-on-year and by 8% since the previous quarter

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