MKC Mccormick & Co Inc

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

Price (delayed)

$72.62

Market cap

$19.47B

P/E Ratio

28.59

Dividend/share

$1.5

EPS

$2.54

Enterprise value

$24.29B

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 16% lower than its last 4 quarters average of 34.1 and 3.1% lower than its 5-year quarterly average of 29.5
MKC's equity is up by 6% year-on-year
The EPS has declined by 10% year-on-year
The quick ratio has declined by 10% since the previous quarter and by 7% 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
268.1M
Market cap
$19.47B
Enterprise value
$24.29B
Valuations
Price to earnings (P/E)
28.59
Price to book (P/B)
4.16
Price to sales (P/S)
3.07
EV/EBIT
25.25
EV/EBITDA
20.89
EV/Sales
3.82
Earnings
Revenue
$6.35B
EBIT
$961.9M
EBITDA
$1.16B
Free cash flow
$389.5M
Per share
EPS
$2.54
Free cash flow per share
$1.45
Book value per share
$17.45
Revenue per share
$23.68
TBVPS
$16.87
Balance sheet
Total assets
$13.12B
Total liabilities
$8.43B
Debt
$5.15B
Equity
$4.68B
Working capital
-$1.05B
Liquidity
Debt to equity
1.1
Current ratio
0.7
Quick ratio
0.26
Net debt/EBITDA
4.14
Margins
EBITDA margin
18.3%
Gross margin
35.8%
Net margin
10.1%
Operating margin
13.6%
Efficiency
Return on assets
5%
Return on equity
14%
Return on invested capital
15.8%
Return on capital employed
9.9%
Return on sales
15.1%
Dividend
Dividend yield
2.07%
DPS
$1.5
Payout ratio
59.1%

MKC stock price

How has the Mccormick stock price performed over time
Intraday
-0.86%
1 week
2.35%
1 month
-4.13%
1 year
-25.05%
YTD
-12.39%
QTD
-12.39%

Financial performance

How have Mccormick's revenue and profit performed over time
Revenue
$6.35B
Gross profit
$2.27B
Operating income
$863.6M
Net income
$644.2M
Gross margin
35.8%
Net margin
10.1%
The operating margin has decreased by 16% YoY
The operating income has declined by 15% year-on-year
The gross margin has declined by 9% year-on-year and by 3% since the previous quarter
The company's gross profit fell by 9% YoY and by 3.3% QoQ

Growth

What is Mccormick's growth rate over time

Valuation

What is Mccormick stock price valuation
P/E
28.59
P/B
4.16
P/S
3.07
EV/EBIT
25.25
EV/EBITDA
20.89
EV/Sales
3.82
MKC's price to earnings (P/E) is 16% lower than its last 4 quarters average of 34.1 and 3.1% lower than its 5-year quarterly average of 29.5
The EPS has declined by 10% year-on-year
The price to book (P/B) is 27% less than the 5-year quarterly average of 5.7 and 20% less than the last 4 quarters average of 5.2
MKC's equity is up by 6% year-on-year
The price to sales (P/S) is 19% less than the 5-year quarterly average of 3.8 and 19% less than the last 4 quarters average of 3.8

Efficiency

How efficient is Mccormick business performance
The ROE has contracted by 14% YoY and by 3.4% from the previous quarter
The return on assets has declined by 9% year-on-year
The return on sales has declined by 7% year-on-year
Mccormick's return on invested capital has decreased by 3.1% YoY

Dividends

What is MKC's dividend history
Dividend details
DPS
$1.5
Dividend yield
2.07%
Payout ratio
59.1%
Recent dividends

Financial health

How did Mccormick financials performed over time
MKC's total assets is 56% greater than its total liabilities
The quick ratio has declined by 10% since the previous quarter and by 7% year-on-year
MKC's current ratio is down by 9% since the previous quarter but it is up by 2.9% year-on-year
The debt is 10% higher than the equity
The debt to equity has declined by 8% year-on-year and by 6% since the previous quarter
MKC's equity is up by 6% year-on-year

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