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McCormick & Company, Incorporated

MKC · NYQ
$47.94+25.09%
52W Low: $44.8252W High: $72.41
Current: $47.94  ·  11% of 52-week range
Consumer DefensivePackaged FoodsNYQ
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McCormick & Company, Incorporated (MKC) is a consumer defensive company in the packaged foods industry with $7.39B in trailing revenue trading at a 8.0× trailing P/E — analyst consensus: buy.

McCormick & Company, Incorporated manufactures, markets, and distributes herbs, 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, sauces, and desserts. This segment markets its products under the McCormick, French's, Frank's RedHot, Lawry's, Cholula Hot Sauce, Club House, Gourmet Garden, and OLD BAY brands in the Americas; Ducros, Schwartz, Kamis, LA Drogheria, and Vahiné brands in Europe, the Middle East, and Africa; and McCormick and DaQiao brands in the Asia/Pacific (APAC), as well as desserts under the Aeroplane brand; and packaged chilled herbs under the Gourmet Garden brand. Its authentic regional brands include Zatarain's, Stubb's, Thai Kitchen, and Simply Asia. The company also supplies its products under private labels. This segment serves retailers, including 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, 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.

Key Statistics

Market Cap$12.89B
Revenue (TTM)$7.39B
EPS (TTM)$6.01
EPS (Fwd est.)$3.30
Employees14,100
Trailing P/E7.98
Forward P/E14.55
PEG Ratio1.85
Price / Sales1.75
Price / Book1.84
EV / EBITDA12.45
Beta (5Y)0.63

Analyst Consensus

Consensus
Buy
Analyst Price Target
+25.3% upside
Target: $60.08

Annual Revenue & Net Income

RevenueNet Income
'22
$6.35B
$680.00M
'23
$6.66B
$680.00M
'24
$6.72B
$790.00M
'25
$6.84B
$790.00M

Earnings History


QuarterActual EPSEstimateResult
Jun 2026
$0.80
$0.70Beat (+14.8%)
Mar 2026
$0.66
$0.60Beat (+10.7%)
Jan 2026
$0.86
$0.88Miss (-1.8%)
Oct 2025
$0.85
$0.82Beat (+4.2%)

Next Earnings Report

McCormick & Company, Incorporated is next expected to report earnings on 01 Oct 2026.

Profitability

38.9%
17.4%
21.9%
Gross
Margin
Operating
Margin
Net
Margin
Revenue Growth (YoY)16.7%
Return on Equity24.7%
Return on Assets5.1%

Balance Sheet

Cash & Equivalents$330.00M
Total Debt$4.93B
Net Position$4.60B (net debt)
Free Cash Flow (TTM)$710.00M
Debt / Equity65.14

Share Ownership

Institutions 96.6%
Public 3.4%

Dividend

Annual Rate
$1.92
Yield
4.01%
Payout Ratio
30.9%
Ex-Dividend Date
13 Oct 2026
5Y Avg Yield
2.11%

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Frequently Asked Questions

What does McCormick & Company, Incorporated (MKC) do?
McCormick & Company, Incorporated manufactures, markets, and distributes herbs, 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, sauces, and desserts. This segment markets its products under the McCormick, French's, Fra…
What is MKC's market cap?
McCormick & Company, Incorporated has a market capitalization of approximately $12.89B.
What is MKC's P/E ratio?
McCormick & Company, Incorporated trades at a trailing P/E ratio of 8.0x and a forward P/E of 14.6x, which is below the broad market average of ~25x.
How much revenue does MKC generate?
McCormick & Company, Incorporated generated $7.39B in trailing 12-month revenue.
What do analysts say about MKC?
The analyst consensus rating for McCormick & Company, Incorporated is buy, with a mean price target of $60.08. That implies +25.3% upside from the current price.
When does MKC report earnings?
McCormick & Company, Incorporated is next scheduled to report earnings on 01 Oct 2026.
Does MKC pay a dividend?
Yes. McCormick & Company, Incorporated pays a dividend with a current yield of 4.01%, at an annual rate of $1.92 per share.

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