MKC Mccormick & Co Inc
Price (delayed)
$80.14
Market cap
$21.49B
P/E Ratio
27.26
Dividend/share
$1.71
EPS
$2.94
Enterprise value
$25.65B
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
The EPS has grown by 16% year-on-year
The company's net income rose by 14% YoY
MKC's price to earnings (P/E) is 11% lower than its 5-year quarterly average of 30.7 but 2.9% higher than its last 4 quarters average of 26.5
MKC's equity is up by 4.6% year-on-year but it is down by 2.4% since the previous quarter
Key stats
What are the main financial stats of MKC
Market
Valuations
Earnings
Shares outstanding
268.15M
Market cap
$21.49B
Enterprise value
$25.65B
Price to earnings (P/E)
27.26
Price to book (P/B)
4.06
Price to sales (P/S)
3.2
EV/EBIT
23.15
EV/EBITDA
19.48
EV/Sales
3.81
Revenue
$6.72B
Gross profit
$2.59B
Operating income
$1.06B
Net income
$714.3M
EBIT
$1.11B
EBITDA
$1.32B
Free cash flow
$647M
Per share
Balance sheet
Liquidity
EPS
$2.94
EPS diluted
$2.92
Free cash flow per share
$2.41
Book value per share
$19.72
Revenue per share
$25.06
TBVPS
$16.86
Total assets
$13.07B
Total liabilities
$7.75B
Debt
$4.34B
Equity
$5.29B
Working capital
-$743.8M
Debt to equity
0.82
Current ratio
0.74
Quick ratio
0.27
Net debt/EBITDA
3.16
Margins
Efficiency
Dividend
EBITDA margin
19.6%
Gross margin
38.5%
Net margin
10.6%
Operating margin
15.8%
Return on assets
5.5%
Return on equity
13.4%
Return on invested capital
19.3%
Return on capital employed
10.9%
Return on sales
16.5%
Dividend yield
2.13%
DPS
$1.71
Payout ratio
58.2%
MKC stock price
How has the Mccormick stock price performed over time
Intraday
1.17%
1 week
4.13%
1 month
7.93%
1 year
18.67%
YTD
5.12%
QTD
5.12%
Financial performance
How have Mccormick's revenue and profit performed over time
Revenue
$6.72B
Gross profit
$2.59B
Operating income
$1.06B
Net income
$714.3M
Gross margin
38.5%
Net margin
10.6%
The company's net income rose by 14% YoY
The net margin has increased by 13% YoY
The operating income has grown by 10% year-on-year
The operating margin has increased by 9% YoY
Growth
What is Mccormick's growth rate over time
Valuation
What is Mccormick stock price valuation
P/E
27.26
P/B
4.06
P/S
3.2
EV/EBIT
23.15
EV/EBITDA
19.48
EV/Sales
3.81
The EPS has grown by 16% year-on-year
MKC's price to earnings (P/E) is 11% lower than its 5-year quarterly average of 30.7 but 2.9% higher than its last 4 quarters average of 26.5
The price to book (P/B) is 17% less than the 5-year quarterly average of 4.9 but 7% more than the last 4 quarters average of 3.8
MKC's equity is up by 4.6% year-on-year but it is down by 2.4% since the previous quarter
The price to sales (P/S) is 11% less than the 5-year quarterly average of 3.6 but 7% more than the last 4 quarters average of 3.0
Efficiency
How efficient is Mccormick business performance
The return on assets rose by 15% year-on-year
Mccormick's return on invested capital has increased by 14% YoY
The return on sales has grown by 9% year-on-year
The ROE has grown by 7% YoY
Dividends
What is MKC's dividend history
DPS
$1.71
Dividend yield
2.13%
Payout ratio
58.2%
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 69% greater than its total liabilities
MKC's current ratio is up by 14% year-on-year and by 4.2% since the previous quarter
The quick ratio rose by 13% year-on-year
The debt is 18% lower than the equity
The debt to equity has declined by 6% year-on-year and by 3.5% since the previous quarter
The debt has decreased by 5% QoQ
All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise
specified. Data from 
and Sharadar.