MKC Mccormick PE ratio, current and historical analysis
- Stocks
- Consumer Defensive
- NYSE: MKC
- PE Ratio
As of Jun 5, 2025, the Mccormick stock's PE ratio is 24.88. This takes into account the latest EPS of $2.93 and stock price of $72.91. The PE ratio marks a decrease of 8% from its last 4 quarters average of 27.0.
MKC PE ratio history
The PE ratio of Mccormick has averaged 28.27 over the last ten years. The current P/E ratio of 24.88 is 12% lower than the historical average. Looking back at the last ten years, MKC's PE ratio peaked in the May 2022 quarter at 36.36, when the price was $92.72 and the EPS was $2.55. The lowest point was in the May 2018 quarter, when it reached 15.78 with a price of $50.5 and an EPS of $3.2.
Mccormick PE ratio by year
Maximum annual increase: 51.11% in 2019
Maximum annual decrease: -23.91% in 2023
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2024 | 26.67 | 4.51% | $78.41 | $2.94 |
| 2023 | 25.52 | -23.91% | $64.83 | $2.54 |
| 2022 | 33.54 | 10.58% | $85.18 | $2.54 |
| 2021 | 30.33 | -9.16% | $85.82 | $2.83 |
| 2020 | 33.39 | 4.57% | $93.49 | $2.8 |
| 2019 | 31.93 | 51.11% | $84.63 | $2.65 |
| 2018 | 21.13 | -21.83% | $75 | $3.55 |
| 2017 | 27.03 | 10.82% | $51.09 | $1.89 |
| 2016 | 24.39 | -10.86% | $45.6 | $1.87 |
| 2015 | 27.36 | 24.42% | $42.96 | $1.57 |
| 2014 | 21.99 | -6.31% | $37.17 | $1.69 |
| 2013 | 23.47 | 11.98% | $34.5 | $1.47 |
| 2012 | 20.96 | 21.37% | $32.28 | $1.54 |
| 2011 | 17.27 | 9.86% | $24.35 | $1.41 |
| 2010 | 15.72 | 1.35% | $22.01 | $1.4 |
Mccormick PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Feb 2025 | 28.19 | 5.7% | $82.61 | $2.93 |
| Nov 2024 | 26.67 | -1.37% | $78.41 | $2.94 |
| Aug 2024 | 27.04 | 3.32% | $80.03 | $2.96 |
| May 2024 | 26.17 | 0.35% | $72.22 | $2.76 |
| Feb 2024 | 26.08 | 2.19% | $68.86 | $2.64 |
| Nov 2023 | 25.52 | -25.07% | $64.83 | $2.54 |
| Aug 2023 | 34.06 | 3.68% | $82.08 | $2.41 |
| May 2023 | 32.85 | 9.61% | $85.73 | $2.61 |
| Feb 2023 | 29.97 | -10.64% | $74.32 | $2.48 |
| Nov 2022 | 33.54 | 3.33% | $85.18 | $2.54 |
| Aug 2022 | 32.46 | -10.73% | $84.07 | $2.59 |
| May 2022 | 36.36 | 6.97% | $92.72 | $2.55 |
| Feb 2022 | 33.99 | 12.07% | $95.17 | $2.8 |
| Nov 2021 | 30.33 | -0.16% | $85.82 | $2.83 |
| Aug 2021 | 30.38 | -3.8% | $86.29 | $2.84 |
MKC Price vs fair value
MKC average PE ratio chart
The current PE ratio of MKC is lower than its 3, 5 and 10-year averages.
MKC PE vs peers
In comparison to its peers CAG and THS, MKC's PE ratio is lower, but it is higher than PEP's and TSN's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| PEP Pepsico Inc | 19.13 | $178.93B |
| TSN Tyson Foods Inc | 21 | $19.68B |
| MKC Mccormick & Co Inc | 24.88 | $19.55B |
| CAG Conagra Brands Inc | 32.29 | $10.64B |
| THS TreeHouse Foods Inc | 218.4 | $1.09B |
| HAIN Hain Celestial Group Inc | N/A | $151.63M |
Frequently asked questions
What is Mccormick's PE ratio?
The price to earnings ratio for MKC stock as of Jun 5, 2025, stands at 24.88.
What is the 3-year average PE ratio for Mccormick (MKC)?
Over the last 3 years, the average price to earnings ratio for MKC stock is 29.32.
What is the 5-year average PE ratio for Mccormick (MKC)?
Over the last 5 years, the average price to earnings ratio for MKC stock is 30.74.
What is the highest PE ratio for MKC?
The highest quarterly PE ratio in the last ten years has been 36.36 and it was in the May 2022 quarter.
How does the current PE ratio for MKC compare to its historical average?
MKC's price to earnings ratio is currently 12% below its 10-year historical average.
How is MKC's PE ratio calculated (Mccormick PE ratio formula)?
The P/E ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (Jun 5, 2025), Mccormick's share price is $72.91. The company's earnings per share for the trailing twelve months (TTM) ending Feb 2025 is $2.93. Therefore, Mccormick's PE ratio for today is 24.88. PE RATIO(24.88) = STOCK PRICE($72.91) / TTM EPS($2.93)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.