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Consumer Defensive - Packaged Foods - NYSE - US
$ 73.92
-2.75 %
$ 19.8 B
Market Cap
25.49
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one MKC stock under the worst case scenario is HIDDEN Compared to the current market price of 73.9 USD, McCormick & Company, Incorporated is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one MKC stock under the base case scenario is HIDDEN Compared to the current market price of 73.9 USD, McCormick & Company, Incorporated is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one MKC stock under the best case scenario is HIDDEN Compared to the current market price of 73.9 USD, McCormick & Company, Incorporated is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart MKC

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$86.0$86.0$84.0$84.0$82.0$82.0$80.0$80.0$78.0$78.0$76.0$76.0$74.0$74.0$72.0$72.0$70.0$70.015 Oct15 OctNov '24Nov '2415 Nov15 NovDec '24Dec '2415 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '25
FINANCIALS
6.72 B REVENUE
0.92%
1.06 B OPERATING INCOME
10.10%
788 M NET INCOME
15.85%
922 M OPERATING CASH FLOW
-25.49%
-269 M INVESTING CASH FLOW
-3.26%
-583 M FINANCING CASH FLOW
50.76%
1.61 B REVENUE
-10.71%
225 M OPERATING INCOME
-26.45%
162 M NET INCOME
-24.58%
116 M OPERATING CASH FLOW
-74.82%
-37.1 M INVESTING CASH FLOW
53.57%
-155 M FINANCING CASH FLOW
58.85%
Balance Sheet McCormick & Company, Incorporated
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Current Assets 2.14 B
Cash & Short-Term Investments 186 M
Receivables 587 M
Other Current Assets 1.37 B
Non-Current Assets 10.9 B
Long-Term Investments 283 M
PP&E 1.62 B
Other Non-Current Assets 9.02 B
4.49 %10.45 %12.43 %69.05 %Total Assets$13.1b
Current Liabilities 2.88 B
Accounts Payable 1.24 B
Short-Term Debt 748 M
Other Current Liabilities 896 M
Non-Current Liabilities 4.87 B
Long-Term Debt 3.76 B
Other Non-Current Liabilities 1.11 B
15.97 %9.65 %11.56 %48.50 %14.32 %Total Liabilities$7.8b
EFFICIENCY
Earnings Waterfall McCormick & Company, Incorporated
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Revenue 6.72 B
Cost Of Revenue 4.13 B
Gross Profit 2.59 B
Operating Expenses 1.53 B
Operating Income 1.06 B
Other Expenses 272 M
Net Income 788 M
7b7b6b6b5b5b4b4b3b3b2b2b1b1b007b(4b)3b(2b)1b(272m)789mRevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
38.54% GROSS MARGIN
38.54%
15.77% OPERATING MARGIN
15.77%
11.73% NET MARGIN
11.73%
14.90% ROE
14.90%
6.03% ROA
6.03%
7.71% ROIC
7.71%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis McCormick & Company, Incorporated
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1b1b900m900m800m800m700m700m600m600m500m500m400m400m300m300m200m200m100m100m0020162016201720172018201820192019202020202021202120222022202320232024202420252025
Net Income 788 M
Depreciation & Amortization 209 M
Capital Expenditures 0
Stock-Based Compensation 47.4 M
Change in Working Capital -83 M
Others -82.1 M
Free Cash Flow 922 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets McCormick & Company, Incorporated
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Wall Street analysts predict an average 1-year price target for MKC of $81.2 , with forecasts ranging from a low of $69 to a high of $93 .
MKC Lowest Price Target Wall Street Target
69 USD -6.66%
MKC Average Price Target Wall Street Target
81.2 USD 9.88%
MKC Highest Price Target Wall Street Target
93 USD 25.81%
Price
Max Price Target
Min Price Target
Average Price Target
9595909085858080757570706565May '24May '24Jul '24Jul '24Aug '24Aug '24Oct '24Oct '24Nov '24Nov '2420252025Feb '25Feb '25Apr '25Apr '25Jun '25Jun '25Jul '25Jul '25Aug '25Aug '25Oct '25Oct '25Nov '25Nov '2520262026Feb '26Feb '26Apr '26Apr '26
4. DIVIDEND ANALYSIS
0.04% DIVIDEND YIELD
0.45 USD DIVIDEND PER SHARE
Q1
Q2
Q3
Q4
1.2001.2001.0001.0000.8000.8000.6000.6000.4000.4000.2000.2000.0000.0000.20.2150.2350.260.2850.310.340.370.390.420.450.20.2150.2350.260.2850.310.340.370.390.420.20.600.2150.650.2150.680.2350.760.2350.800.260.880.260.940.2851.030.2851.070.311.150.310.760.340.340.340.340.370.370.370.370.390.390.390.390.420.420.420.420.450.452015201520162016201720172018201820192019202020202021202120222022202320232024202420252025
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5. COMPETITION
slide 2 of 7
6. Ownership
Insider Ownership McCormick & Company, Incorporated
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Sold
0-3 MONTHS
10.8 M USD 4
3-6 MONTHS
1.57 M USD 2
6-9 MONTHS
2.63 M USD 2
9-12 MONTHS
6.24 M USD 2
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
'Who Believed In You' co-author Dina Powell McCormick: Hope book ignites a new mentoring movement ‘Who Believed In You' co-authors Sen. Dave McCormick (R-Pa. youtube.com - 2 weeks ago
Sen. Dave McCormick: Pres. Trump's tariffs are meant to address some fundamental unfairness Sen. Dave McCormick (R-Pa.) joins 'Squawk Box' to discuss President Trump's sweeping new tariffs. youtube.com - 2 weeks ago
Best Dividend Aristocrats For April 2025 Dividend Aristocrats are outperforming the S&P 500 in 2025, demonstrating resilience, with NOBL up 1.78% YTD versus SPY's 4.9% decline. Top performers include Consolidated Edison (+22.98%), Brown & Brown (+20.65%), and AbbVie (+16.61%), showcasing strong double-digit gains. 29 out of 69 Dividend Aristocrats have announced dividend increases in 2025, with an average growth rate of 4.15%. seekingalpha.com - 2 weeks ago
McCormick dropping food dyes under pressure from RFK Jr, US regulators McCormick is working to reformulate products to remove certain ingredients like food dyes under fire from HHS Secretary Robert F. Kennedy Jr. foxbusiness.com - 3 weeks ago
McCormick Declares $0.45 Quarterly Dividend HUNT VALLEY, Md. , March 26, 2025 /PRNewswire/ -- The Board of Directors of McCormick & Company, Incorporated (NYSE:MKC) declared a quarterly dividend of $0.45 per share on its common stocks, payable April 21, 2025 to shareholders of record April 7, 2025. prnewswire.com - 3 weeks ago
MKC Q1 Earnings Miss Amid Dynamic Consumer Environment, Stock Slips McCormick's Q1 results reflect lower earnings as consumer trends remain dynamic. However, savings from the CCI program provide a positive offset. zacks.com - 3 weeks ago
McCormick: Slow And Steady McCormick & Company, Incorporated is recommended for long-term dividend growth investing due to its stable, slow growth and robust demand for its seasoning and spice lines. Fiscal Q1 sales rose 0.6% year-over-year, driven by strong volumes, with notable growth in APAC and mixed results in other regions. Despite a slight decline in EPS and operating income, the company maintains a positive outlook with projected steady growth and recent dividend increases. seekingalpha.com - 3 weeks ago
McCormick & Company, Incorporated (MKC) Q1 2025 Earnings Call Transcript McCormick & Company, Incorporated (NYSE:MKC ) Q1 2025 Earnings Conference Call March 25, 2025 8:00 AM ET Company Participants Faten Freiha - VP, IR Brendan Foley - Chairman, President & CEO Marcos Gabriel - EVP & CFO Conference Call Participants Andrew Lazar - Barclays Peter Galbo - Bank of America Alexia Howard - Bernstein Ken Goldman - JPMorgan Robert Moskow - TD Cowen Max Gumport - BNP Paribas Steve Powers - Deutsche Bank Tom Palmer - Citi Matt Smith - Stifel Faten Freiha Good morning. This is Faten Freiha, VP of Investor Relations. seekingalpha.com - 3 weeks ago
MKC "Solid Quarter," DLTR on Deck & Options Trades Consumer staples have done in recent weeks due to macro volatility. Arun Sundaram turns to specific companies investors may have missed, including McCormick & Company (MKC), which he says had a "solid quarter" despite higher operating expenses. youtube.com - 3 weeks ago
McCormick (MKC) Reports Q1 Earnings: What Key Metrics Have to Say While the top- and bottom-line numbers for McCormick (MKC) give a sense of how the business performed in the quarter ended February 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values. zacks.com - 3 weeks ago
Cramer's Mad Dash: McCormick Jim Cramer discusses why he's keeping an eye on McCormick & Company ahead of it reporting earnings. youtube.com - 3 weeks ago
McCormick Misses EPS, Flavor Soars in Q1 Spice and seasonings specialist McCormick (MKC 0.21%) reported fiscal 2025 first-quarter earnings on Tuesday, March 25, that fell just short of analysts' consensus expectations. Earnings per share (EPS) of $0.60 missed the expected $0.64 while revenue for the quarter was $1.605 billion, just below the expected $1.611 billion. fool.com - 3 weeks ago
8. Profile Summary

McCormick & Company, Incorporated MKC

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COUNTRY US
INDUSTRY Packaged Foods
MARKET CAP $ 19.8 B
Dividend Yield 0.04%
Description 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.
Contact 24 Schilling Road, Hunt Valley, MD, 21031 https://www.mccormickcorporation.com
IPO Date April 26, 1999
Employees 14100
Officers Ms. Anju Rao Chief Science Officer Ms. Faten Freiha Vice President of Investor Relations Mr. Guy Peri Chief Information & Digital Officer Mr. Jeffery D. Schwartz Vice President, General Counsel & Corporate Secretary Ms. Tabata L. Gomez Chief Marketing Officer Mr. Andrew Foust President of Americas Mr. Marcos Mendes Gabriel Executive Vice President & Chief Financial Officer Ms. Kasey A. Jenkins Chief Growth Officer Ms. Sarah J. Piper Chief Human Relations Officer Mr. Brendan M. Foley President, Chief Executive Officer & Chairman