McCormick & Company, Incorporated (MKC)
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No price history available.
Key financial summary
Financials in USD| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | 2026E | ||
|---|---|---|---|---|---|---|---|---|---|
| Total revenue | $m | 5,601 | 6,318 | 6,351 | 6,662 | 6,724 | 6,840 | 7,386 | 7,907 |
| Operating profit | $m | 1,092 | 1,133 | ||||||
| Net profit | $m | 747 | 755 | 682 | 681 | 789 | 789 | 1,629 | 829 |
| EPS reported | $ | 2.93 | 6.01 | ||||||
| Operating cashflow per share | $ | 3.58 | 4.57 | ||||||
| Capex per share | $ | 0.83 | 0.27 | ||||||
| FCF per share | $ | 2.76 | 4.30 | ||||||
| Free cash flow | $m | 740 | 1,158 | ||||||
| Net debt | $m | 3,900 | 4,602 | ||||||
| Book value equity | $m | 5,737 | 6,996 | ||||||
| Book value per share | $ | 21.30 | 25.99 | ||||||
| Number of shares | m | 269.3 | 269.2 | ||||||
| DPS (TTM paid) | $ | 1.83 | 2.37 |
Financial summary
Financials in USD| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | 2026E | ||
|---|---|---|---|---|---|---|---|---|---|
| Value | |||||||||
| P/E TTM | x | 23.03 | 7.98 | ||||||
| P/B LTM | x | 3.11 | 2.55 | ||||||
| P/S LTM | x | 2.61 | 2.41 | ||||||
| P/FCF LTM | x | 24.09 | 15.40 | ||||||
| EV/EBITDA LTM | x | 16.21 | 15.83 | ||||||
| EV/Sales LTM | x | 3.18 | 2.61 | ||||||
| Earnings Yield LTM | % | +4.34% | +12.53% | ||||||
| FCF Yield | % | +4.15% | +6.49% | ||||||
| Quality | |||||||||
| ROE | % | +13.76% | +25.58% | ||||||
| ROIC | % | +7.93% | +6.16% | ||||||
| Operating margin | % | +15.96% | +15.34% | ||||||
| Gross margin | % | +37.90% | +38.62% | ||||||
| FCF/Sales | % | +10.82% | +15.68% | ||||||
| Growth and momentum | |||||||||
| EPS Growth YoY | % | +0.34% | +105.82% | ||||||
| Sales Growth YoY | % | +1.73% | +9.85% | ||||||
| Net Income Growth YoY | % | +0.11% | +106.53% | ||||||
| FCF Growth | % | +14.44% | +78.98% | ||||||
| Operating Profit Growth | % | +2.98% | +6.88% | ||||||
| Dividend and capital structure | |||||||||
| Dividend Yield | % | +2.71% | +3.46% | ||||||
| Dividend Growth | % | +7.02% | +38.60% | ||||||
| Payout Ratio | % | +61.21% | +30.86% | ||||||
| FCF/Debt | x | 0.19 | 0.23 | ||||||
| Net Debt/EBITDA | x | 2.91 | 3.35 | ||||||
| EBIT/Net interest | x | 5.57 | 5.48 | ||||||
| Net debt/market cap | % | +22.41% | +33.57% | ||||||
| Net debt/Equity | x | 0.68 | 0.66 | ||||||
| Gross debt/equity | x | 0.70 | 0.71 | ||||||
Price target estimates
Based on consensus from external analysts. Not Kvantra's opinion.
Ratings
Based on consensus from external analysts. Not Kvantra's opinion.
ESG
| Metric | 2024 | 2025 | 2026 |
|---|---|---|---|
| ESG-score | |||
| Environmental score | |||
| Social score | |||
| Governance score | |||
| Risk rating |
Company overview
McCormick & Company, Incorporated is a global leader in the manufacture, marketing, and distribution of a wide array of flavorful products, including spices, seasoning mixes, and condiments, to the food industry. Its operations are divided into two primary segments: Consumer and Flavor Solutions. The Consumer segment provides an extensive range of items such as spices, herbs, seasonings, sauces, and desserts. These are sold under numerous prominent brands across various regions: McCormick, French's, Frank's RedHot, Lawry's Cholula Hot Sauce, Gourmet Garden, Club House, and OLD BAY in the Americas; Ducros, Schwartz, Kamis, Drogheria & Alimentari, and Vahiné throughout Europe, the Middle East, and Africa (EMEA); McCormick and DaQiao in China; and McCormick, Aeroplane, and Gourmet Garden in Australia. In addition, it offers specialized regional and ethnic brands like Zatarain's, Stubb's, Thai Kitchen, and Simply Asia, and also produces goods for private labels. Its customer base encompasses a broad spectrum of retailers, including grocery stores, mass merchandisers, warehouse clubs, discount and drug stores, and e-commerce platforms. Distribution to these outlets occurs both directly and indirectly via distributors and wholesale foodservice providers. The Flavor Solutions segment caters to large-scale food manufacturers and the wider foodservice industry. It supplies essential ingredients such as seasoning blends, spices, herbs, condiments, coating systems, and complex flavor formulations. These products are delivered directly to clients or through a network of distributors. Founded in 1889, the company maintains its headquarters in Hunt Valley, Maryland.
Similar companies
For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.
McCormick & Company, Incorporated (MKC)
No price history available.
Consensus from external analysts. Not Kvantra's opinion.
Based on consensus from external analysts. Not Kvantra's opinion.
McCormick & Company, Incorporated is a global leader in the manufacture, marketing, and distribution of a wide array of flavorful products, including spices, seasoning mixes, and condiments, to the food industry. Its operations are divided into two primary segments: Consumer and Flavor Solutions. The Consumer segment provides an extensive range of items such as spices, herbs, seasonings, sauces, and desserts. These are sold under numerous prominent brands across various regions: McCormick, French's, Frank's RedHot, Lawry's Cholula Hot Sauce, Gourmet Garden, Club House, and OLD BAY in the Americas; Ducros, Schwartz, Kamis, Drogheria & Alimentari, and Vahiné throughout Europe, the Middle East, and Africa (EMEA); McCormick and DaQiao in China; and McCormick, Aeroplane, and Gourmet Garden in Australia. In addition, it offers specialized regional and ethnic brands like Zatarain's, Stubb's, Thai Kitchen, and Simply Asia, and also produces goods for private labels. Its customer base encompasses a broad spectrum of retailers, including grocery stores, mass merchandisers, warehouse clubs, discount and drug stores, and e-commerce platforms. Distribution to these outlets occurs both directly and indirectly via distributors and wholesale foodservice providers. The Flavor Solutions segment caters to large-scale food manufacturers and the wider foodservice industry. It supplies essential ingredients such as seasoning blends, spices, herbs, condiments, coating systems, and complex flavor formulations. These products are delivered directly to clients or through a network of distributors. Founded in 1889, the company maintains its headquarters in Hunt Valley, Maryland.
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