McCormick & Company, Incorporated (MKC-V) is a publicly traded company in the Consumer Defensive — Packaged Foods industry listed on NYSE. This overview shows the latest price, key valuation ratios, profitability metrics and financial-health indicators used by fundamental investors.
McCormick & Company, founded in 1889 and headquartered in Hunt Valley, Maryland, is a leading entity in the food industry, specializing in the production, marketing, and distribution of spices, seasoning blends, condiments, and a diverse range of other culinary flavorings. The company's operations are divided into two main segments: Consumer and Flavor Solutions.
Analysis Summary
McCormick & Company, Incorporated reported revenue of $6.84B in the most recent fiscal year, growing at a 5-year CAGR of 4.1%. Net income reached $789.4M, with a 1.1% 5-year CAGR.
Trailing-twelve-month margins: gross margin 38.6%, operating margin 15.3%, net margin 22.0%. Free cash flow grew at -1.9% CAGR over 5 years.
At the current price of $49.32, MKC-V trades at a P/E of 7.03 and an ROE of 25.58%. Market capitalisation stands at $13.3B, placing it among large-cap names.
Balance sheet quality for MKC-V: current ratio of 0.7, net debt of $3.90B. A debt-to-equity below 1.0 typically signals conservative capital structure, while a current ratio above 1.5 indicates comfortable short-term liquidity.
Cash flow quality is strong: free cash flow of $740.4M represents 94% conversion of reported net income. High conversion (above 90%) suggests earnings translate cleanly into cash; lower conversion may indicate working capital tightness or accounting timing differences.
Price
| Price | $49.32 |
| Market Cap | $13.3B |
| Exchange | NYSE |
| Country | US |
Valuation Ratios
| P/E Ratio | 7.03 |
| Price / Book | 1.63 |
| EV / EBITDA | 13.15 |
| Dividend Yield | 4.47% |
Profitability
| Return on Equity | 25.58% |
| Return on Invested Capital | 6.16% |
| Return on Assets | 9.88% |
| Gross Margin | 38.62% |
| Operating Margin | 15.34% |
| Net Margin | 22.05% |
Financial Health
| Debt / Equity | 0.71 |
| Current Ratio | 0.78 |
| Piotroski F-Score | 5 |
| Altman Z-Score | 2.54 |
What to look at in Consumer Defensive companies
- Gross margin (stable 5y) (Stable >=35%) — Brand pricing power — Coca-Cola does not drop margins.
- ROE / ROIC stable (ROE >=15% stable) — Defensive businesses have high consistent ROEs — Lynch's stalwarts.
- FCF / Net Income (>=90%) — Earnings to cash conversion — best names exceed 95%.
- Dividend growth 10y (>=6%/year) — Dividend Aristocrats raise 25+ years — moat signal.
- Payout Ratio (<75%) — >80% = dividend at risk. <60% comfortable.
- Net Debt / EBITDA (<2.5x) — Defensive with high debt loses its essence.
Peer Comparison
| Symbol | Company | Market Cap | P/E | P/B | ROE |
|---|---|---|---|---|---|
| MKC-V | McCormick & Company, Incorporated | $13.3B | 7.03 | 1.63 | 25.6% |
| CPB | Campbell Soup Company | $6.2B | 15.44 | 1.60 | 10.2% |
| BG | Bunge Global S.A. | $22.2B | 22.86 | 1.45 | 6.3% |
| KOF | Coca-Cola FEMSA, S.A.B. de C.V. | $23.1B | 16.73 | 2.81 | 16.9% |
| SGI | Somnigroup International Inc | $13.3B | 24.50 | 4.07 | 17.1% |
| PFGC | Performance Food Group Co | $14.4B | 38.77 | 2.84 | 7.6% |
| HRL | Hormel Foods Corporation | $11.5B | 33.44 | 1.48 | 4.3% |
| SJM | The J. M. Smucker Company | $13.1B | 58.36 | 2.33 | 4.1% |
Price Performance
| 1 month | -11.18% |
| 3 months | +6.04% |
| Year-to-date | -27.48% |
| 1 year | -25.05% |
| 3 years | -37.40% |
| 5 years | -42.41% |
52-Week Range
| 52-week High | $72.14 |
| 52-week Low | $44.30 |
| Avg Volume (90d) | 9K |
Dividend History
| Date | Amount | Yield |
|---|---|---|
| 2026-07-06 | $0.4800 | 3.89% |
| 2026-04-20 | $0.4800 | 3.89% |
| 2025-12-29 | $0.4800 | 3.89% |
| 2025-10-14 | $0.4500 | 3.65% |
| 2025-07-07 | $0.4500 | 3.65% |
| 2025-04-07 | $0.4500 | 3.65% |
| 2024-12-30 | $0.4500 | 3.65% |
| 2024-10-07 | $0.4200 | 3.41% |
| 2024-07-08 | $0.4200 | 3.41% |
| 2024-04-05 | $0.4200 | 3.41% |
Related companies: BG · CPB · HRL · KOF · LW · PFGC · SGI
Explore sector: Consumer Defensive · Packaged Foods
More sections of MKC-V: Financials · Valuation · Statistics · Estimates · Technical · Ownership · News · Events
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