McCormick & Company, Incorporated

McCormick & Company, Incorporated

MKC-V
McCormick & Company, IncorporatedUS flagNew York Stock Exchange
52.12
USD
+1.31
- -
14.01BMarket Cap
McCormick & Company, Incorporated
MKC-V
(New York Stock Exchange)

Recent

price

52.12

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
12.55
13.93
15.13
15.61
16.33
16.78
17.42
18.65
20.17
20.16
21.02
23.64
23.68
24.82
25.04
25.48
27.46
Revenue per Share
1.39
1.41
1.54
1.47
1.69
1.57
1.87
1.88
3.55
2.65
2.8
2.83
2.54
2.54
2.94
2.94
6.04
Basic EPS, GAAP
1.46
1.28
1.71
1.76
1.94
2.3
2.6
3.21
3.12
3.57
3.91
3.1
2.43
4.61
3.43
3.58
4.58
Free Cash Flow per Basic Share
0.52
0.56
0.62
0.68
0.74
0.8
0.86
0.94
1.04
1.14
1.24
1.36
1.48
1.56
1.68
1.8
1.86
Dividend per Share
2.64
3.16
6.94
7.32
7.61
8.11
8.46
11.2
13.43
14.87
16.5
18.1
19.24
20.3
21.54
22.72
26.61
Book Value per Share
-0.7
-1.6
-1.2
-0.7
-0.94
-1.74
-2.2
-19.68
-16.21
-14.98
-16.52
-16.85
-15.15
-13.76
-12.7
-11.3
-13.59
Tangible Book Value per Share
266
265
265
264
260
256
253
254
263
265
266
267
268
268
268
268
269
Basic Weighted Avg Shares
3,337
3,698
4,014
4,123
4,243
4,296
4,412
4,730
5,303
5,347
5,601
6,318
6,350
6,662
6,724
6,840
7,386
Sales/Revenue/Turnover
15.28
14.61
14.41
13.96
14.33
14.2
14.89
16.13
17.54
18.3
18.19
17.26
14.45
15.37
15.91
15.96
16.21
Operating Margin (%)
95
98
103
106
103
106
109
125
151
159
165
186
201
199
209
231
257
Depreciation Expense
370
374
408
389
438
402
472
477
933
703
747
755
682
681
788
789
1,624
Net Income, GAAP
25.5
29.02
26.57
26.75
26.32
26.46
25.97
25.44
- -
19.21
19.84
21.51
20.74
21.85
20.48
21.45
23.42
Effective Tax Rate (%)
11.09
10.12
10.16
9.43
10.32
9.35
10.71
10.09
17.6
13.14
13.34
11.95
10.74
10.22
11.73
11.54
21.99
Profit Margin (%)
181
230
98
307
294
119
-1
-330
-522
-604
-963
-1,028
-1,046
-1,097
-744
-924
-783
Working Capital
780
1,030
779
1,019
1,014
1,051
1,054
4,444
4,053
3,626
3,857
4,079
3,818
3,520
3,760
3,274
3,597
LT Debt
1,463
1,618
1,700
1,948
1,809
1,687
1,638
2,571
3,182
3,457
3,940
4,426
4,699
5,084
5,317
5,768
7,573
Total Equity
16.24
14.72
14.81
13.95
14.3
14.55
15.8
10.66
- -
10.1
9.77
9.13
7.33
8.13
8.73
8.69
8.12
Return on Invested Capital (%)
25.58
22.2
17.43
13.78
14.69
13.03
14.5
9.56
- -
10.12
9.67
8.77
7.71
8.2
9.37
9.16
15.31
Return on Capital (%)
57.29
48.61
30.41
20.61
22.39
19.81
22.4
19.17
29.31
18.8
17.92
16.36
13.64
12.83
14.04
13.29
24.69
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Nov'25
Feb'26
May'26
ST Debt
890
1,319
1,336
LT Borrowings
3,106
3,604
3,597
LT Finance Leases
168
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
268
269
269
Market Capitalization
18,110
19,024
12,783

Working Capital

FRC

in mil. unless spec.
Nov'25
Feb'26
May'26
Total Current Assets
2,138
2,609
2,789
Cash, Cash Equivalents & STI
96
178
331
Accounts Receivable, Net
629
829
709
Inventories
1,272
1,366
1,409
Total Current Liabilities
3,062
3,442
3,572
Payables & Accruals
2,172
2,123
2,236
ST Debt
890
1,319
1,336
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
14.02%
7.95%
8.49%
Free Cash Flow
8.84%
5.4%
4.37%
Net Income, GAAP
10.29%
1.42%
0.11%
Sales/Revenue/Turnover
4.85%
4.17%
1.73%
Total Cash Common Dividend
8.98%
7.92%
7.1%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,603
1,643
1,680
1,798
6,724
2025
1,606
1,660
1,725
1,850
6,840
2026
1,874
1,937
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.62
0.69
0.83
0.8
2.94
2025
0.61
0.65
- -
- -
2.94
2026
3.8
0.56
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.42
0.42
0.42
0.42
1.68
2025
0.45
0.45
- -
- -
1.8
2026
0.48
0.48
- -
- -
- -
Business
McCormick & Company, Incorporated (MKC) manufactures, markets, and distributes spices, seasoning mixes, condiments, and other flavorful products to retailers, food manufacturers, foodservice operators, and restaurants worldwide. Founded in 1889 and headquartered in Hunt Valley, Maryland, the company operates in approximately 150 countries and territories through two primary segments: Consumer, which offers spices, herbs, extracts, recipe mixes, sauces, marinades, stocks, broths, salad dressings, breadings, and branded retail products including McCormick, Frank's RedHot, and Cholula; and Flavor Solutions, which provides customized flavorings, coating systems, condiments, and ingredients for industrial food production and professional kitchens. The company maintains a global supply chain with manufacturing facilities across North America, Europe, Asia-Pacific, and Latin America, serving diverse customer bases from household consumers to large-scale food processors. In recent developments, McCormick signed a definitive agreement in August 2025 to acquire an additional 25% stake in its long-standing McCormick de Mexico joint venture with Grupo Herdez for $750 million, increasing its ownership to 75% and expected to close in early fiscal 2026; this strategic move enhances its condiments and sauces portfolio, projected to rise from 14% to 22% of global net sales, while strengthening presence in the fast-growing Latin American market. The transaction, financed through cash and debt, aligns with McCormick's emphasis on emerging markets and is anticipated to be accretive to adjusted earnings per share within the first year. Additionally, the company reported strong fiscal 2024 results with momentum in volume growth and share gains, alongside a November 2025 increase in its quarterly dividend from $0.45 to $0.48 per share on common stock.

Company News

APIChatGPT
  • McCORMICK REPORTS THIRD QUARTER PERFORMANCE, REAFFIRMS STRONG SALES GROWTH, AND UPDATES 2025 PROFITABILITY OUTLOOK