McCormick & Company, Incorporated
General ticker "MKC" information:
- Sector: Consumer Staples
- Industry: Packaged Foods
- Capitalization: $19.7B (TTM average)
McCormick & Company, Incorporated does not follow the US Stock Market performance with the rate: -31.1%.
Estimated limits based on current volatility of 1.4%: low 60.55$, high 62.45$
Factors to consider:
- Company included in S&P500 list
- Company pays dividends (quarterly): last record date 2025-12-29, amount 0.48$ (Y3.11%)
- Total employees count: 14100 (+2.2%) as of 2024
- US accounted for 61.0% of revenue in the fiscal year ended 2024-11-30
- Top business risk factors: Geopolitical risks, Inflationary pressures, Supply chain disruptions, Labor/talent shortage/retention, Regulatory and compliance
- Earnings for 9 months up through Q3 are close to our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2024-11-30 to 2026-11-30
- 2024-11-30 to 2025-11-30 estimated range: [62.79$, 89.76$]
- 2025-11-30 to 2026-11-30 estimated range: [64.73$, 92.31$]
Financial Metrics affecting the MKC estimates:
- Negative: with PPE of 26.1 at the end of fiscal year the price was high
- Positive: 7.61 < Operating profit margin, % of 15.77
- Positive: -4.43 < Investing cash flow per share per price, % of -1.30
- Positive: -9.11 < Industry operating profit margin (median), % of -4.84
- Positive: 19.41 < Shareholder equity ratio, % of 40.48 <= 42.77
- Positive: Interest expense per share per price, % of 1.01 <= 3.31
- Positive: 0 < Operating cash flow per share per price, % of 4.45
Short-term MKC quotes
Relationship graph
Long-term MKC plot with estimates
Financial data
| YTD | 2022-11-30 | 2023-11-30 | 2024-11-30 |
|---|---|---|---|
| Operating Revenue | $6,350.50MM | $6,662.20MM | $6,723.70MM |
| Operating Expenses | $5,486.90MM | $5,699.20MM | $5,663.40MM |
| Operating Income | $863.60MM | $963.00MM | $1,060.30MM |
| Non-Operating Income | $-50.80MM | $-164.30MM | $-162.00MM |
| Interest Expense | $149.10MM | $208.20MM | $209.40MM |
| Income(Loss) | $812.80MM | $798.70MM | $898.30MM |
| Taxes | $168.60MM | $174.50MM | $184.00MM |
| Other Income(Loss) | $37.80MM | $56.40MM | $74.20MM |
| Profit(Loss)* | $682.00MM | $680.60MM | $788.50MM |
| Stockholders Equity | $4,680.50MM | $5,060.70MM | $5,291.00MM |
| Inventory | $1,340.10MM | $1,126.50MM | $1,239.90MM |
| Assets | $13,124.90MM | $12,862.30MM | $13,070.30MM |
| Operating Cash Flow | $651.50MM | $1,237.30MM | $921.90MM |
| Capital expenditure | $262.00MM | $263.90MM | $274.90MM |
| Investing Cash Flow | $-146.40MM | $-260.50MM | $-269.00MM |
| Financing Cash Flow | $-487.20MM | $-1,184.20MM | $-583.10MM |
| Earnings Per Share** | $2.54 | $2.54 | $2.94 |
* Profit(Loss) attributable to entity.
** EPS are Split Adjusted, recent splits may be reflected with a delay.