McCormick & Company Incorporated

For more than a century, MKC has been responsible for adding flavor and spice to our lives. The company is one of the world’s best-known manufacturers, marketers, and distributors of spices, seasoning mixes, condiments, and other flavoring products. If you’ve been looking to add flavor to your portfolio, this could be your stock.

$73.20
(as of Jan 22, 3:59 PM EST)

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Ticker Information for McCormick & Company Incorporated

Stock Price
$73.20
Ticker Symbol
MKC
Exchange
NYSE

Industry Information for McCormick & Company Incorporated

Sector
Consumer Defensive
Industry
Packaged Foods

Company Description for McCormick & Company Incorporated

Country
USA
Full Time Employees
13,800

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, LA Drogheria, and Vahiné brands in Europe, the Middle East, and Africa; McCormick and DaQiao brands in the Asia/Pacific; McCormick, Aeroplane, and Gourmet Garden brands in China; and the McCormick brand and other 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.

Fundamentals for McCormick & Company Incorporated

Market Capitalization
$19,924,170,752
EBITDA
$1,270,200,064
Dividends per Share
$1.65
P/E Ratio
25.26
Forward P/E Ratio
22.78
Earnings per Share
$2.94
Earnings per Share Estimate Next Year
$3.12
Profit Margin
11.87%
Shares Outstanding
252,191,008
Percent Owned by Insiders
0.03%
Percent Owned by Institutions
88.58%
52-Week High
$84.55
52-Week Low
$62.90

Technical Indicators for McCormick & Company Incorporated

50-Day Moving Average
$76.87
200-Day Moving Average
$76.27
RSI
40.58
1.47

Analyst Ratings for McCormick & Company Incorporated

Strong Buy
5
Buy
1
Hold
9
Sell
2
Strong Sell
0

News About McCormick & Company Incorporated

Jan 17, 2025, 9:15 AM EST
The upcoming report from McCormick (MKC) is expected to reveal quarterly earnings of $0.77 per share, indicating a decline of 9.4% compared to the year-ago period. See more.
Jan 16, 2025, 12:10 PM EST
Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? See more.
Jan 16, 2025, 10:00 AM EST
The market expects McCormick (MKC) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended November 2024. See more.