McCormick & Company, Incorporated(MKC) Stock Research - Grey Stern Research
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McCormick & Company, Incorporated (MKC) Stock Analysis

$77.99 (-0.48%)

MKC Financial Performance


Use the table below to view McCormick & Company, Incorporated's financial profile. This data is gathers from the latest available financial statements. Annual data is taken from the trailing 12 months of statements. All numbers are reported in US Dollars and so any foreign currencies are converted to USD so comparison's can be done.

Based on Financial Statements from Q2 - 2024

Metric Value Ranking among Peers
Price $77.99 -
52 Week Low $63.88 -
52 Week High $85.49 -
Market Cap $20.9 Billion 4/8
Gross Margin 39% 1/8
Profit Margin 12% 2/8
EBITDA margin 17% 4/8
Q2 - 2024 Revenue $1.7 Billion 8/8
Q2 - 2024 Earnings $205.2 Million 4/8
Q2 - 2024 Free Cash Flow $0 Million 7/8
Trailing 4 Quarters Revenue $6.7 Billion 8/8
Trailing 4 Quarters Earnings $756.0 Million 5/8
Quarterly Earnings Growth 31% 3/8
Annual Earnings Growth 23% 2/8
Quarterly Revenue Growth 0% 3/8
Annual Revenue Growth 0% 5/8
Cash On Hand $200.8 Million 5/8
Short Term Debt $1.2 Billion 3/8
Long Term Debt $3.3 Billion 6/8

McCormick & Company, Incorporated Financial Metrics


Financial metrics are a set of useful numbers that can give key performance indicators of a company. The various metrics can include information about profitability, growth, and debt load. When combined and use properly they can tell an analyst a compelling fact-based story of how the company is currently performing. To compare McCormick & Company, Incorporated's metrics versus it's peers make sure to run our peer analysis tool.

Valuation Metrics

Metric Value Ranking among Peers
PE 27.66 3/8
PS 3.13 1/8
PB 3.84 3/8
PC 104.16 3/8
Liabilities to Equity 1.43 6/8
ROA 0.06 1/8
ROE 0.14 3/8
Current Ratio 1.70 3/8
Quick Ratio 0.03 3/8
Long Term Debt to Equity 0.62 5/8
Debt to Equity 0.85 5/8
Burn Rate 0.84 4/8
Cash to Cap 0.01 4/8
CCR 8/8
EV to EBITDA 88.31 3/8
EV to Revenue 3.79 1/8

Company Details

McCormick & Company, Incorporated manufactures, markets, and distributes spices, seasoning mixes, condiments, and other flavorful products to the food industry. It operates in two segments, Consumer and Flavor Solutions. The Consumer segment offers spices, herbs, and seasonings, as well as condiments and sauces, and desserts. This segment markets its products under the McCormick, French's, Frank's RedHot, Lawry's Cholula Hot Sauce, Gourmet Garden, Club House, and OLD BAY brands in the Americas; Ducros, Schwartz, Kamis, and Drogheria & Alimentari, and Vahiné brands in Europe, the Middle East, and Africa; McCormick and DaQiao brands in China; and McCormick, Aeroplane, and Gourmet Garden brands in Australia, as well as markets regional and ethnic brands, such as Zatarain's, Stubb's, Thai Kitchen, and Simply Asia. It also supplies its products under the private labels. This segment serves retailers comprising grocery, mass merchandise, warehouse clubs, discount and drug stores, and e-commerce retailers directly and indirectly through distributors and wholesale foodservice suppliers. The Flavor Solutions segment offers seasoning blends, spices and herbs, condiments, coating systems, and compound flavors to multinational food manufacturers and foodservice customers. It serves foodservice customers directly and indirectly through distributors. The company was founded in 1889 and is headquartered in Hunt Valley, Maryland.

CEO: Mr. Lawrence Kurzius

Website: https://www.mccormickcorporation.com

Address: 24 Schilling Road Hunt Valley, MARYLAND

Exchange: New York Stock Exchange

Industry: Packaged Foods

McCormick & Company, Incorporated Peer Analysis


A useful and more reliable way of seeing the health of a company is to compare it to other companies operating in the same sector. Below is our list of companies which we rank are the closest peers to McCormick & Company, Incorporated. If you feel that peers should be added or removed from this list please contact us. To run an in-depth peer analysis which compares many financial metrics click on the link below.

Stock Ticker Market Cap
General Mills, Inc. GIS $36.8 Billion
The Kraft Heinz Company KHC $38.0 Billion
Campbell Soup Company CPB $13.6 Billion
Hormel Foods Corporation HRL $17.4 Billion
Kellogg Company K $27.8 Billion
Conagra Brands, Inc. CAG $13.2 Billion
The J. M. Smucker Company SJM $12.5 Billion
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Income Statement
Balance Sheet
Cash Flow Statement
MKC Income Statements
Quarter Year Revenue Earnings
Q3 2024 $ 1.7 Billion $205.2 Million
Q2 2024 $ 1.6 Billion $184.2 Million
Q1 2024 $ 1.6 Billion $166.0 Million
Q4 2023 $ 1.8 Billion $200.6 Million
Q3 2023 $ 1.7 Billion $156.7 Million
Q2 2023 $ 1.7 Billion $152.1 Million
Q1 2023 $ 1.6 Billion $139.1 Million
Q4 2022 $ 1.7 Billion $185.7 Million

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MKC Balance Sheets
Quarter Year Cash & Equivalents Total Assets Total Debt Total Equity
Q3 2024 $200.8 Million $13.2 Billion $4.6 Billion $5.5 Billion
Q2 2024 $166.3 Million $13.0 Billion $4.5 Billion $5.4 Billion
Q1 2024 $178.0 Million $12.9 Billion $4.5 Billion $5.3 Billion
Q4 2023 $166.6 Million $12.9 Billion $4.4 Billion $5.1 Billion
Q3 2023 $154.7 Million $13.0 Billion $3.8 Billion $5.0 Billion
Q2 2023 $127.4 Million $12.9 Billion $4.9 Billion $4.9 Billion
Q1 2023 $356.8 Million $13.2 Billion $5.2 Billion $4.9 Billion
Q4 2022 $334.0 Million $13.1 Billion $5.3 Billion $4.7 Billion

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MKC Cash Flow Statements
Quarter Year freeCashFlow capitalExpenditure netChangeInCash
Q2 2024 $94.8 Million -$68.3 Million -$11.7 Million
Q1 2024 $76.4 Million -$62.0 Million $11.4 Million
Q4 2023 $0 $0 $0
Q3 2023 $0 $0 $0
Q2 2023 $233.7 Million -$57.1 Million -$229.4 Million
Q1 2023 $41.9 Million -$61.5 Million $22.8 Million
Q4 2022 $306.2 Million -$95.2 Million -$9.9 Million
Q3 2022 $30.5 Million -$65.2 Million $18.1 Million

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