McCormick/$MKC.V
1D1W1M3M6MYTD1Y5YMAX
Capital at risk
About McCormick
In its 135-plus-year history, McCormick has become the leading global manufacturer of spices, herbs, extracts, seasonings, and other flavorings. Beyond its namesake brand, the firm's portfolio includes Old Bay, Zatarain's, Thai Kitchen, Frank's RedHot, French's, and Cholula. This mix is slated to be complemented by the pending addition of Unilever's food brands, primarily Knorr cooking aids and Hellmann's mayonnaise. After the deal closes, the combined business stands to generate 70% of sales from consumers and 30% from restaurants and other packaged food and beverage manufacturers. Around 40% of sales should be derived from faster-growing emerging markets, with Europe (around one-quarter) and North America (about one-third) accounting for the remainder.
- Ticker
- $MKC.V
- Sector
- Consumer Essentials
- Primary listing
- NYSE
- Employees
- 14,100
- Headquarters
- Hunt Valley, United States
- Website
- www.mccormickcorporation.com
McCormick Metrics
BasicAdvanced
$13B
8.82
$5.53
0.64
$1.92
3.94%
Price and volume
Market cap
$13B
Beta
0.64
52-week high
$72.14
52-week low
$44.30
Average daily volume
5.7K
Dividend rate
$1.92
Financial strength
Current ratio
0.657
Quick ratio
0.263
Long term debt to equity
0.383
Total debt to equity
0.661
Dividend payout ratio (TTM)
34.07%
Interest coverage (TTM)
5.60%
Profitability
EBITDA (TTM)
1,504.1
Gross margin (TTM)
38.91%
Net profit margin (TTM)
19.39%
Operating margin (TTM)
16.39%
Effective tax rate (TTM)
13.09%
Revenue per employee (TTM)
$550,000
Management effectiveness
Return on assets (TTM)
5.27%
Return on equity (TTM)
22.62%
Valuation
Price to earnings (TTM)
8.819
Price to revenue (TTM)
1.707
Price to book
1.86
Price to tangible book (TTM)
-3.06
Price to free cash flow (TTM)
14.166
Free cash flow yield (TTM)
7.06%
Free cash flow per share (TTM)
3.443
Dividend yield (TTM)
3.94%
Forward dividend yield
3.94%
Growth
Revenue change (TTM)
13.23%
Earnings per share change (TTM)
92.00%
3-year revenue growth (CAGR)
5.18%
10-year revenue growth (CAGR)
5.77%
3-year earnings per share growth (CAGR)
32.08%
10-year earnings per share growth (CAGR)
11.81%
3-year dividend per share growth (CAGR)
7.06%
10-year dividend per share growth (CAGR)
8.38%
What the Analysts think about McCormick
Majority rating from 17 analysts.
| Month | Buy | Hold | Sell | Analysts | Majority rating |
|---|---|---|---|---|---|
| July 2023 | 4 | 8 | 3 | 15 | Hold |
| August 2023 | 4 | 8 | 2 | 14 | Hold |
| September 2023 | 4 | 8 | 2 | 14 | Hold |
| October 2023 | 4 | 9 | 2 | 15 | Hold |
| November 2023 | 4 | 9 | 2 | 15 | Hold |
| December 2023 | 4 | 10 | 2 | 16 | Hold |
| January 2024 | 3 | 11 | 2 | 16 | Hold |
| February 2024 | 3 | 11 | 3 | 17 | Hold |
| March 2024 | 4 | 10 | 3 | 17 | Hold |
| April 2024 | 5 | 9 | 3 | 17 | Hold |
| May 2024 | 5 | 9 | 3 | 17 | Hold |
| June 2024 | 5 | 9 | 3 | 17 | Hold |
Bulls say / Bears say
McCormick beat third-quarter sales estimates as budget-conscious shoppers continued buying its seasonings and sauces as affordable ways to add flavour at home. That points to resilience in its core brands despite pressure on household spending. (Reuters)
Adjusted gross margin expanded 180 basis points in the third quarter and adjusted operating income rose 22%. Productivity savings and pricing helped absorb higher input costs while supporting continued brand investment. (SEC)
The planned Unilever Foods combination could broaden McCormick’s exposure to faster-growing markets and add scale, with management targeting $600 million in annual net cost synergies and about two-thirds by year two. If achieved, those savings could support earnings growth beyond the current business. (SEC)
Third-quarter organic volume fell 0.3% even as pricing rose 2.2%, and Consumer Americas volumes dropped 2.5%. This suggests reported growth is not yet being matched by broad-based demand. (Reuters)
McCormick raised its 2026 cost-inflation forecast to 6%–7% and expects fourth-quarter margin pressure from commodities, freight and higher commercial spending. Those costs could make it harder to sustain recent margin gains. (SEC)
The planned $45 billion Unilever Foods deal is not expected to close until mid-2027 and has drawn concerns over its structure, regulatory hurdles and long path to completion. Financing also includes a floating-rate term-loan facility of up to $2 billion, adding to the execution and interest-cost risks. (Reuters, SEC)
Data summarised monthly by Lightyear AI. Last updated on 11 Oct 2026.
McCormick Financial Performance
Revenues and expenses
Upcoming events
No upcoming events
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