MKC Mccormick & Co Inc

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

Price (delayed)

$65.99

Market cap

$17.71B

P/E Ratio

27.38

Dividend/share

$1.56

EPS

$2.41

Enterprise value

$22.33B

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 price to earnings (P/E) is 17% lower than its last 4 quarters average of 32.6 and 15% lower than its 5-year quarterly average of 31.7
The debt has decreased by 11% YoY
The quick ratio has declined by 14% year-on-year and by 11% since the previous quarter
The company's net income fell by 9% YoY and by 9% 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
268.33M
Market cap
$17.71B
Enterprise value
$22.33B
Valuations
Price to earnings (P/E)
27.38
Price to book (P/B)
3.51
Price to sales (P/S)
2.68
EV/EBIT
23.04
EV/EBITDA
19.05
EV/Sales
3.38
Earnings
Revenue
$6.61B
EBIT
$969.2M
EBITDA
$1.17B
Free cash flow
$779.1M
Per share
EPS
$2.41
Free cash flow per share
$2.9
Book value per share
$18.82
Revenue per share
$24.61
TBVPS
$16.29
Balance sheet
Total assets
$12.99B
Total liabilities
$7.92B
Debt
$4.78B
Equity
$5.05B
Working capital
-$1.04B
Liquidity
Debt to equity
0.95
Current ratio
0.67
Quick ratio
0.25
Net debt/EBITDA
3.94
Margins
EBITDA margin
17.7%
Gross margin
36.7%
Net margin
9.1%
Operating margin
14.1%
Efficiency
Return on assets
4.6%
Return on equity
12.3%
Return on invested capital
15.9%
Return on capital employed
9.9%
Return on sales
14.7%
Dividend
Dividend yield
2.36%
DPS
$1.56
Payout ratio
64.7%

MKC stock price

How has the Mccormick stock price performed over time
Intraday
1.79%
1 week
-0.68%
1 month
2.93%
1 year
-23.03%
YTD
-20.39%
QTD
-12.76%

Financial performance

How have Mccormick's revenue and profit performed over time
Revenue
$6.61B
Gross profit
$2.43B
Operating income
$930.1M
Net income
$598.7M
Gross margin
36.7%
Net margin
9.1%
The net margin has decreased by 12% YoY and by 10% QoQ
The company's net income fell by 9% YoY and by 9% QoQ
The operating income has grown by 6% year-on-year
MKC's revenue is up by 3.4% YoY

Growth

What is Mccormick's growth rate over time

Valuation

What is Mccormick stock price valuation
MKC P/E details
P/E
27.38
P/B
3.51
P/S
2.68
EV/EBIT
23.04
EV/EBITDA
19.05
EV/Sales
3.38
MKC's price to earnings (P/E) is 17% lower than its last 4 quarters average of 32.6 and 15% lower than its 5-year quarterly average of 31.7
The EPS has declined by 8% since the previous quarter and by 7% year-on-year
The price to book (P/B) is 37% less than the 5-year quarterly average of 5.5 and 23% less than the last 4 quarters average of 4.5
MKC's equity is up by 10% year-on-year and by 2.3% since the previous quarter
The price to sales (P/S) is 31% less than the 5-year quarterly average of 3.8 and 23% less than the last 4 quarters average of 3.4
MKC's revenue is up by 3.4% YoY

Efficiency

How efficient is Mccormick business performance
The ROE has contracted by 15% YoY and by 11% from the previous quarter
The return on assets has declined by 10% year-on-year and by 8% since the previous quarter
The return on sales has declined by 7% since the previous quarter and by 3.3% year-on-year
Mccormick's return on invested capital has decreased by 4.2% QoQ

Dividends

What is MKC's dividend history
Dividend details
DPS
$1.56
Dividend yield
2.36%
Payout ratio
64.7%
Recent dividends

Financial health

How did Mccormick financials performed over time
MKC's total assets is 64% greater than its total liabilities
MKC's current ratio is down by 21% since the previous quarter and by 13% year-on-year
The quick ratio has declined by 14% year-on-year and by 11% since the previous quarter
The debt is 5% lower than the equity
The debt to equity has declined by 19% year-on-year and by 4% since the previous quarter
The debt has decreased by 11% YoY

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