MKC Mccormick & Co Inc

Price (delayed)

$69.7

Market cap

$18.71B

P/E Ratio

24.12

Dividend/share

$1.77

EPS

$2.89

Enterprise value

$23.04B

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 21% lower than its 5-year quarterly average of 30.5 and 10% lower than its last 4 quarters average of 26.8
MKC's equity is up by 5% year-on-year and by 3.3% since the previous quarter
The quick ratio has declined by 15% year-on-year but it rose by 10% since the previous quarter
The debt has increased by 3.4% QoQ

Key stats

What are the main financial stats of MKC
Market
Shares outstanding
268.37M
Market cap
$18.71B
Enterprise value
$23.04B
Valuations
Price to earnings (P/E)
24.12
Price to book (P/B)
3.34
Price to sales (P/S)
2.78
EV/EBIT
20.81
EV/EBITDA
17.4
EV/Sales
3.42
Earnings
Revenue
$6.74B
Gross profit
$2.6B
Operating income
$1.06B
Net income
$702.4M
EBIT
$1.11B
EBITDA
$1.32B
Free cash flow
$551.8M
Per share
EPS
$2.89
EPS diluted
$2.87
Free cash flow per share
$2.05
Book value per share
$20.89
Revenue per share
$25.1
TBVPS
$17.09
Balance sheet
Total assets
$13.19B
Total liabilities
$7.56B
Debt
$4.45B
Equity
$5.6B
Working capital
-$1.02B
Liquidity
Debt to equity
0.8
Current ratio
0.68
Quick ratio
0.22
Net debt/EBITDA
3.27
Margins
EBITDA margin
19.6%
Gross margin
38.5%
Net margin
10.4%
Operating margin
15.8%
Efficiency
Return on assets
5.4%
Return on equity
12.9%
Return on invested capital
19.4%
Return on capital employed
11.1%
Return on sales
16.4%
Dividend
Dividend yield
2.54%
DPS
$1.77
Payout ratio
61.2%

MKC stock price

How has the Mccormick stock price performed over time
Intraday
-0.7%
1 week
-0.88%
1 month
-1.48%
1 year
-9.29%
YTD
-8.58%
QTD
-8.07%

Financial performance

How have Mccormick's revenue and profit performed over time
Revenue
$6.74B
Gross profit
$2.6B
Operating income
$1.06B
Net income
$702.4M
Gross margin
38.5%
Net margin
10.4%
The operating income has grown by 5% year-on-year
The company's net income rose by 4.9% YoY
The operating margin has increased by 4.6% YoY
The net margin has increased by 4% YoY

Price vs fundamentals

How does MKC's price correlate with its fundamentals

Growth

What is Mccormick's growth rate over time

Valuation

What is Mccormick stock price valuation
P/E
24.12
P/B
3.34
P/S
2.78
EV/EBIT
20.81
EV/EBITDA
17.4
EV/Sales
3.42
MKC's price to earnings (P/E) is 21% lower than its 5-year quarterly average of 30.5 and 10% lower than its last 4 quarters average of 26.8
The EPS has grown by 4.7% year-on-year
The price to book (P/B) is 29% less than the 5-year quarterly average of 4.7 and 14% less than the last 4 quarters average of 3.9
MKC's equity is up by 5% year-on-year and by 3.3% since the previous quarter
The price to sales (P/S) is 21% less than the 5-year quarterly average of 3.5 and 10% less than the last 4 quarters average of 3.1

Efficiency

How efficient is Mccormick business performance
The return on assets rose by 3.8% year-on-year
The return on sales has grown by 3.8% year-on-year
Mccormick's return on invested capital has increased by 3.7% YoY
The ROE has contracted by 3% from the previous quarter

Dividends

What is MKC's dividend history
DPS
$1.77
Dividend yield
2.54%
Payout ratio
61.2%
Recent dividends

Special dividends are included in TTM DPS and yield

Financial health

How did Mccormick financials performed over time
MKC's total assets is 74% greater than its total liabilities
The quick ratio has declined by 15% year-on-year but it rose by 10% since the previous quarter
MKC's current ratio is up by 4.6% since the previous quarter
The debt is 20% lower than the equity
The debt to equity has declined by 4.8% year-on-year
MKC's equity is up by 5% year-on-year and by 3.3% since the previous quarter

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