McCormick & Company, Incorporated logo

McCormick & Company, Incorporated

MKC-V

NYSEConsumer DefensivePackaged Foods

Previous close

$55.65

+$0.12 · +0.22%

Aug 21, 3:46 PM ET

MKC-V company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

80

Undervalued

Momentum

36

Weakening

Sentiment

52

Mixed

Risk resilience

57

Elevated Risk

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Company profile

Company website

McCormick & Company, founded in 1889 and headquartered in Hunt Valley, Maryland, is a leading entity in the food industry, specializing in the production, marketing, and distribution of spices, seasoning blends, condiments, and a diverse range of other culinary flavorings. The company's operations are divided into two main segments: Consumer and Flavor Solutions. The Consumer segment provides individual consumers with an extensive selection of spices, herbs, seasonings, sauces, condiments, and desserts. This division boasts a wide array of globally recognized brands, including McCormick, French's, Frank's RedHot, Lawry's Cholula Hot Sauce, Gourmet Garden, Club House, and OLD BAY throughout the Americas; Ducros, Schwartz, Kamis, Drogheria & Alimentari, and Vahiné across Europe, the Middle East, and Africa; McCormick and DaQiao in China; and McCormick, Aeroplane, and Gourmet Garden in Australia. Additionally, it features popular regional and ethnic brands such as Zatarain's, Stubb's, Thai Kitchen, and Simply Asia, and supplies products under private labels. Its distribution network encompasses a broad spectrum of retailers, such as grocery, mass merchandise, warehouse clubs, discount, drug, and e-commerce stores, reaching customers both directly and through wholesale distributors. The Flavor Solutions segment, in contrast, caters to business clients, supplying multinational food manufacturers and foodservice providers. Its offerings include bespoke seasoning blends, spices, herbs, condiments, advanced coating systems, and intricate compound flavors. This segment delivers its products to foodservice customers directly or through various distributors.

Industry
Packaged Foods
Sector
Consumer Defensive
Headquarters
US
CEO
Brendan Foley
Listed since
Oct 7, 2003
Employees
14,100

Market position

Day range

Current $55.65

52-week range

Current $55.65

Open
$55.25
Previous close
$55.53
Volume
1.88K
0.36× average
Average volume
5.23K
Average daily volume
Market cap
14.96B USD
Beta
0.63
Market reference 1
50-day average
$51.4064
+8.26% above average
200-day average
$57.5542
-3.31% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
21.65B USD
EV / EBITDA
16.15×
Earnings yield
4.45%
Free cash flow yield
4.17%

Profitability & efficiency

Return on equity
13.76%
Return on assets
5.98%
Return on invested capital
7.93%

Financial health

Current ratio
0.7×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends42%31%19%7%Gross margin, FY2021: 39.48%Gross margin, FY2022: 35.82%Gross margin, FY2023: 37.56%Gross margin, FY2024: 38.54%Gross margin, FY2025: 37.90%Operating margin, FY2021: 16.07%Operating margin, FY2022: 13.60%Operating margin, FY2023: 14.45%Operating margin, FY2024: 15.77%Operating margin, FY2025: 15.96%Net margin, FY2021: 11.95%Net margin, FY2022: 10.74%Net margin, FY2023: 10.22%Net margin, FY2024: 11.73%Net margin, FY2025: 11.54%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 39.48%. Gross margin FY2022 35.82%. Gross margin FY2023 37.56%. Gross margin FY2024 38.54%. Gross margin FY2025 37.90%. Operating margin FY2021 16.07%. Operating margin FY2022 13.60%. Operating margin FY2023 14.45%. Operating margin FY2024 15.77%. Operating margin FY2025 15.96%. Net margin FY2021 11.95%. Net margin FY2022 10.74%. Net margin FY2023 10.22%. Net margin FY2024 11.73%. Net margin FY2025 11.54%.

Income trends

Revenue

6.84B USD+1.73%

Operating income

1.09B USD+2.98%

Net income

789.4M USD+0.11%
Income trends across reported periods7.46B USD4.99B USD2.53B USD64.63M USDRevenue, FY2021: 6.32B USDRevenue, FY2022: 6.35B USDRevenue, FY2023: 6.66B USDRevenue, FY2024: 6.72B USDRevenue, FY2025: 6.84B USDOperating income, FY2021: 1.02B USDOperating income, FY2022: 863.6M USDOperating income, FY2023: 963M USDOperating income, FY2024: 1.06B USDOperating income, FY2025: 1.09B USDNet income, FY2021: 755.3M USDNet income, FY2022: 682M USDNet income, FY2023: 680.6M USDNet income, FY2024: 788.5M USDNet income, FY2025: 789.4M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 6.32B USD. Revenue FY2022 6.35B USD. Revenue FY2023 6.66B USD. Revenue FY2024 6.72B USD. Revenue FY2025 6.84B USD. Operating income FY2021 1.02B USD. Operating income FY2022 863.6M USD. Operating income FY2023 963M USD. Operating income FY2024 1.06B USD. Operating income FY2025 1.09B USD. Net income FY2021 755.3M USD. Net income FY2022 682M USD. Net income FY2023 680.6M USD. Net income FY2024 788.5M USD. Net income FY2025 789.4M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue6.84B USD6.72B USD6.66B USD6.35B USD6.32B USD
Cost of goods sold4.25B USD4.13B USD4.16B USD4.08B USD3.82B USD
Gross profit2.59B USD2.59B USD2.5B USD2.27B USD2.49B USD
Research and development87.3M USD
Selling, general, and administrative1.5B USD1.52B USD1.48B USD1.36B USD1.4B USD
Operating expenses1.5B USD1.53B USD1.54B USD1.41B USD1.48B USD
Interest income45.9M USD36.6M USD17.8M USD9.3M USD
Interest expense196.2M USD209.4M USD208.2M USD149.1M USD136.6M USD
Depreciation and amortization231.3M USD208.8M USD199.3M USD200.6M USD186.3M USD
Operating income1.09B USD1.06B USD963M USD863.6M USD1.02B USD
Net income789.4M USD788.5M USD680.6M USD682M USD755.3M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
73%
8 beats, 2 misses, 1 met estimate
Average EPS surprise
+6.61%
11 comparable reports
Latest EPS result
0.8
Estimate 0.69 · Beat by 15.61%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.920.80.670.55Q1 '25BeatQ1 '25MissQ2 '25MetQ4 '25BeatQ1 '26MissQ1 '26BeatQ2 '26BeatQ4 '26Estimate
Q1 2025, reported Jan 23, 2025: actual 0.798, estimate 0.769, surprise +3.77%, Beat. Q1 2025, reported Mar 25, 2025: actual 0.602, estimate 0.641, surprise -6.08%, Miss. Q2 2025, reported Jun 26, 2025: actual 0.65, estimate 0.65, surprise 0.00%, Met estimate. Q4 2025, reported Oct 7, 2025: actual 0.837, estimate 0.829, surprise +0.97%, Beat. Q1 2026, reported Jan 22, 2026: actual 0.86, estimate 0.876, surprise -1.83%, Miss. Q1 2026, reported Mar 31, 2026: actual 0.66, estimate 0.594, surprise +11.11%, Beat. Q2 2026, reported Jun 25, 2026: actual 0.8, estimate 0.692, surprise +15.61%, Beat. Q4 2026, reported Oct 6, 2026: actual —, estimate 0.756, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates2.06B1.88B1.7B1.53BQ1 '25BeatQ1 '25MissQ2 '25MissQ4 '25BeatQ1 '26BeatQ1 '26BeatQ2 '26BeatQ4 '26Estimate
Q1 2025, reported Jan 23, 2025: actual 1.8B USD, estimate 1.62B USD, surprise +11.13%, Beat. Q1 2025, reported Mar 25, 2025: actual 1.61B USD, estimate 1.67B USD, surprise -3.98%, Miss. Q2 2025, reported Jun 26, 2025: actual 1.66B USD, estimate 1.71B USD, surprise -3.07%, Miss. Q4 2025, reported Oct 7, 2025: actual 1.72B USD, estimate 1.72B USD, surprise +0.56%, Beat. Q1 2026, reported Jan 22, 2026: actual 1.85B USD, estimate 1.84B USD, surprise +0.31%, Beat. Q1 2026, reported Mar 31, 2026: actual 1.87B USD, estimate 1.79B USD, surprise +4.89%, Beat. Q2 2026, reported Jun 25, 2026: actual 1.94B USD, estimate 1.91B USD, surprise +1.20%, Beat. Q4 2026, reported Oct 6, 2026: actual —, estimate 1.98B USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$86.33

55.13% upside
Past 12 months12-month forecastHigh $94.00Average $86.33Low $82.00

MKC-V peers

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