MKC
McCormick & Company
$52.97
▲ 1.3%Updated Aug 7, 11:30 AM ET
MKC at a glance — five pillars scored 0–100 from real filed financials.
Overall: Favorable · 71/100. A wider, greener shape means more pillars look healthy. Dividends scores 0 when a company pays none — that is a choice, not a flaw.
▼ Down 36.3% over the last 12 months
Market Cap
$14.37B
P/E
8.67x
Forward P/E (est.)
6.19x
ROE
27.3%
Revenue Growth
5.7%
EPS Growth
109.6%
Profit Margin
23.1%
FCF Yield
6.3%
Debt / Equity
0.7x
ROIC
8.0%
Interest Coverage
5.46x
Current Ratio
0.78x
Dividend Yield
4.0%
Implied Growth (rev. DCF)
3.7%
Rating Score
71/100
McCormick & Company (MKC) is a large-cap company in the Packaged Foods & Meats industry, part of the Consumer Staples sector of the S&P 500, with a market value around $14.37B.
In its latest reported year it generated about $6.84B in revenue and $789.40M in net profit.
Our model rates MKC Favorable (71/100) on growth, profitability, financial health, and valuation. The summary below is built from its filed financials and current ratios and refreshes automatically.
Evidence of durable competitive advantage in the filed financials (10 years of history).
Some durable-advantage evidence, but not across the board — dig into which ingredient is weak and whether it's cyclical or structural.
38.0% average over the last 3 years
±1.6 pts around 38.9% across 10 years
grew in 9 of the last 9 year-over-year periods
positive in 10 of 10 years
8.0% latest fiscal year
A moat can't be proven by numbers alone — this scores the evidence a durable advantage leaves behind (pricing power, consistency, returns on capital), computed the same way for every stock. Pair it with the business overview before concluding anything.
Technical analysis reads price and volume to judge momentum and timing. It complements the fundamentals above — it does not replace them. Here is what MKC's chart says today, with each tool explained.
Trend — moving averages. A moving average is the average closing price over a window, which smooths out daily noise. MKC trades near $52.97, around its 50-day average ($48.39) and 200-day average ($60.04). Price tangled in its moving averages means there is no clear trend — the stock is ranging.
Momentum — RSI. The Relative Strength Index runs 0–100 and measures how strong recent gains are versus losses. Above 70 is "overbought", below 30 "oversold". At 64 it is in neutral territory — neither stretched nor washed out.
MACD. MACD compares two moving averages to flag shifts in momentum. Its histogram is currently positive — short-term momentum is improving.
Volatility — ATR. Average True Range is the typical daily move. MKC's is $1.74 (~3.3% of price), so swings of about that size each day are normal — handy for setting a stop that isn't too tight.
Support & resistance. Over the last month MKC found buyers near $45.72 (support) and sellers near $53.88 (resistance); its 52-week range is $44.82–$77.42. A decisive break beyond either edge often marks the next move.
Volume. The latest session traded 0.8× the 20-day average — about normal. Rising volume on up-days suggests real buying; on down-days, real selling.
Educational information to help you read a chart — not a recommendation or a forecast. It updates daily as the price and indicators change.
4Y CAGR
2.0%
Revenue moved from $4.41B in 2016 to $6.84B in 2025, a 5.0% compound annual growth rate. The most recent year grew a steady 5.7% year over year. Slower, mature growth is common for established businesses.
Gross Margin
37.9%
Operating Margin
15.7%
Net Margin
11.5%
ROE
27.3%
McCormick & Company keeps about 23.1% of each sales dollar as net profit, with a 37.9% gross margin and 15.7% operating margin. Return on equity is 27.3% and return on invested capital about 8.0%. Margins this wide usually signal pricing power or a cost advantage.
Total Debt
$3.61B
Net Debt
$3.28B
Net Debt / EBITDA
3.06x
Debt / Equity
0.7x
Leverage: debt-to-equity is 0.7x, and operating profit covers interest about 5.5x, with a current ratio of 0.8x. That is a moderate, manageable debt load for most businesses. It carries roughly $3.61B of total debt against $331.20M of cash.
Operating CF
$962.20M
Free Cash Flow
$740.40M
FCF Margin
10.8%
In the latest year McCormick & Company produced about $962.20M of operating cash flow and $740.40M of free cash flow after capital spending. That is a free-cash-flow yield of about 6.3% on today's price. Strong cash generation funds dividends, buybacks, and reinvestment.
Can the payout survive a bad year? Scored from filed cash flow, earnings coverage, and the raise/cut record.
The payout is comfortably covered by cash the business actually generates, with a raise habit behind it.
Dividend yield
4.0%
Per share (latest FY)
$1.83
Total paid (latest FY)
$483.00M
History on record
10 years
dividend uses 65% of free cash flow
61% of net income paid out
total dividends increased 9 years in a row
no cuts in the last 10 years on record
Coverage uses the latest fiscal year as filed with the SEC; the streak counts total dollars paid (per-share figures can carry split artifacts). Educational information, not income advice.
P/E
8.67x
P/S
1.85x
P/B
3.49x
EV / EBITDA
—
MKC trades at 8.7x trailing earnings (about 6.2x on estimated forward earnings), 1.9x sales, and 3.5x book value. Reverse-engineering today's price implies the market expects roughly 3.7% long-term free-cash-flow growth. That is an undemanding multiple — potentially cheap if the business is stable.
A two-stage discounted cash flow on real SEC-filed free cash flow — the intrinsic-value anchor professional analysts triangulate from.
DCF fair value / share
—
Current price
$52.97
Starting FCF (latest 10-K)
$740.40M
Growth, years 1–5
5.7%
Fade to terminal, years 6–10
2.5%
Discount rate
9.0%
Cash flows grow at the stage-1 rate (trailing revenue growth, capped at 20%) for five years, fade to 2.5% by year 10, and continue at that rate forever (Gordon terminal value), all discounted at 9.0%. Small changes in assumptions move the result a lot — treat this as one reference point, not a target price. Educational only, not investment advice.
Where MKC sits versus its Consumer Staples sector peers in the S&P 500.
Bands show the middle half (25th–75th percentile) of the 48 Consumer Staples companies in the S&P 500 — the peer-relative anchor professional comps analysis uses. Context only — not investment advice.
How MKC stacks up against its Consumer Staples peers — valuation, profitability, and growth versus the sector median.
In the Consumer Staples sector (74 S&P 500 companies), MKC ranks #1 of 74 by our overall rating. It trades at a discount versus the sector on earnings (8.7x P/E vs. 22x median) with a higher return on equity (27.3% vs. 18.1%) and faster revenue growth (5.7% vs. 3.4%).
P/E vs sector
8.7x
median 22x
ROE vs sector
27.3%
median 18.1%
Growth vs sector
5.7%
median 3.4%
Sector rank
#1
of 74 by rating
Valuation vs. quality map
The sweet spot is upper-left: more profitable (higher ROE) for a lower P/E. Dashed lines mark the sector median.
Peers are the closest Consumer Staples companies by sub-industry and size. Sector median is across all 74 S&P 500 names in the sector. Educational, not a recommendation.
Project revenue → earnings → price. Edit the assumptions to build your own case.
2030 price target (Base Case)
$0.00 – $0.00
vs. $52.97 today · expected CAGR -17% – -7%
| Metric | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| Revenue | $7.25B | $7.69B | $8.15B | $8.64B | $9.15B |
| Net income | $870.09M | $922.29M | $977.63M | $1.04B | $1.10B |
| EPS | $3.21 | $3.40 | $3.60 | $3.82 | $4.05 |
| Share price (low) | $16.04 | $17.00 | $18.02 | $19.10 | $20.25 |
| Share price (high) | $28.87 | $30.60 | $32.43 | $34.38 | $36.44 |
| CAGR (low–high) | -70% / -46% | -43% / -24% | -30% / -15% | -23% / -10% | -17% / -7% |
Educational model on sample fundamentals — not a forecast or investment advice. Outputs are only as good as your assumptions.
The case for MKC:
- High net margins (23.1%) point to pricing power or efficiency.
- Strong return on equity (27.3%) shows capital is put to work well.
- Healthy free-cash-flow yield (~6.3%) funds buybacks and dividends.
- Pays a 4.0% dividend on top of any price gains.
- Our model's overall read is Favorable (71/100).
The case against MKC:
- Like any single stock, it is exposed to competition, the economic cycle, and shifts in its end markets.
Market risk — sector rotation, the economic cycle, and broad sentiment move the stock regardless of fundamentals.
On balance, the fundamentals screen favourably: McCormick & Company is a large-cap consumer staples business growing at a mature pace, with solid profitability, and a sound balance sheet. It trades at 8.7x earnings, which our model scores Favorable (71/100). Weigh this against your own goals and time horizon — this is educational information, not a recommendation.
Analyst Ratings
What 20 Wall Street analysts covering MKC recommend (August 2026). Consensus is a useful sanity check — not a substitute for your own homework.
Latest SEC Filings
MKC's most recent filings, straight from SEC EDGAR. Annual and quarterly reports are the deep dives; 8-Ks flag material events the moment they happen.
In the Idea Lab
MKC — frequently asked questions
Is MKC a good stock to buy?
We don't give buy or sell advice. Our model rates McCormick & Company Favorable (71/100) based on its growth, profitability, financial health, and valuation — use that as a research starting point and make your own decision.
What is MKC's rating on The Stocks School?
McCormick & Company currently scores 71/100 (Favorable) on our transparent model, which weighs real fundamentals: growth, margins, returns on capital, balance-sheet strength, and valuation.
How our ratings work →Where does MKC's data come from?
Live price data plus real fundamentals and 5-year financials pulled directly from McCormick & Company's SEC filings — refreshed automatically, not hand-entered.
How is the 5-year projection for MKC calculated?
It's a scenario model: it grows revenue at an assumed rate, applies a profit margin and a valuation multiple, and shows the resulting share-price range. The assumptions are yours to change — it's a tool for thinking, not a prediction.
Is this MKC analysis financial advice?
No. Everything on this page is educational research, not financial advice or a recommendation to buy or sell MKC. Always do your own research and consider a licensed professional.
Data notice. Fundamentals and financial statements are sourced from company filings (SEC EDGAR) and market-data providers; prices and market caps refresh on trading days and may be delayed. Ratings, projections, technical signals, and written summaries are model- or rule-generated for education and may simplify or lag the latest filings.
Not advice. Nothing on this page is investment advice or a recommendation to buy, hold, or sell any security. Do your own research and consult a licensed financial professional before investing.