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MKCMcCormick & Company, Incorporated · NYSE · Consumer Defensive
$46.43+$0.83 · +1.82%
MKT 12.58B

Company Overview

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 and 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, as well as markets desserts under the Aeroplane brand and packaged chilled herbs under the Gourmet Garden brand name; and markets authentic regional 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, wholesale foodservice suppliers, and e-commerce. 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.

Sector
Consumer Defensive
Industry
Packaged Foods
Phone
410 771 7301
Headquarters
24 Schilling Road
Hunt Valley, MD, 21031
United States
Full-Time Employees
14,100

Key Metrics

P/E Ratio (TTM)
7.67
Forward P/E
13.99
Price to Book
1.80
Beta
0.67
Profit Margin
23.12%
Gross Margin
38.18%
Return on Equity
25.35%
Return on Assets
4.88%
Earnings Growth
528.30%
Revenue Growth
16.70%
Dividend Yield
421.00%
Dividend Rate
$1.92

Financial Health

Total Cash
$177.70M
Total Debt
$4.92B
Debt to Equity
65.16
Current Ratio
0.76
Free Cash Flow
$372.78M
Operating Cash Flow
$897.60M

Analyst Recommendations

Target Price (Mean)
$61.62
Target High
$77.00
Target Low
$51.00
Recommendation
buy
Analyst Coverage
13 Analysts

Trading Ideas

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