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McCormick(NYSE) MKC

Market Cap$12.24BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.
Since IPO (1982)+12,423%
5 Year-36%
1 Year-32%
1 Month-13%
Premium Feature
Moneyball Superscore
62/100
$45.46
+1.77%
+0.79Today
After hours$45.51+$0.05 (+0.11%)
McCormick last closing stock price
MetricPriceDate
Last closeUSD 45.542026-10-05
McCormick stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week-6.03%USD 48.462026-09-28
1 month-12.56%USD 52.082026-09-04
3 month-12.79%USD 52.222026-07-07
Year to date-31.93%USD 66.902025-12-31
1 year-31.78%USD 66.752025-10-03
3 year-24.15%USD 60.042023-10-06
5 year-36.45%USD 71.662021-10-06
Since inception+12,422.71%USD 0.361982-11-08

McCormick Financials at a Glance

Market Cap

$12.24BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Revenue (TTM)

$7.69B

Net Income (TTM)

$1.50B

EPS (TTM)

$5.53

P/E Ratio

8.23

Dividend

$1.89

Beta (Volatility)

0.31 (Low)

Price

$45.46

Volume

155.372

Open

$44.76

Previous Close

$45.54

Daily Range

$43.88 - $45.68

52-Week Range

$43.25 - $72.41

Estimated Earnings Date

N/A

About McCormick

McCormick & Co. makes spices and sauces for home cooking. It sells flavor ingredients to restaurants and food companies. These products help make food taste better for everyone.

What Is in the Pantry?

  • Consumer Segment: Spices, herbs, and sauces sold under brands like French's and Cholula for retail customers.
  • Flavor Solutions: Seasoning blends and flavor formulations for food manufacturers and the restaurant industry.
  • Regional Brands: Specialized ethnic products, including brands such as Zatarain's and Simply Asia.
  • Private Label: Store-brand, flavorful products manufactured for retailers and mass merchandisers.

Expanding the Flavor Palette

  • Acquired a controlling interest in McCormick de Mexico on Jan. 2, 2026, to expand in Latin America.
  • Signed a merger agreement with Unilever Foods on March 31, 2026, for a multi-billion-dollar transaction.
  • Ceased operations at a pepper sourcing project in Malaysia during 2026 to improve operational focus.
  • Used the Comprehensive Continuous Improvement program to drive cost savings and marketing investments.

How McCormick Stands Out

McCormick has a global reach with 39% of sales coming from outside the U.S. in fiscal year 2025. It distributes products through grocery stores, warehouse clubs, and digital platforms.

By the Numbers

  • Net sales reached $2.02 billion in the third quarter of 2026, up 17.4% year over year, thanks to an acquisition. Organic growth was 1.9%.
  • Operating income was $217.0 million in the third quarter of 2026, down 24.8% year over year, largely due to costs related to the Unilever deal.
  • Adjusted operating income rose to $358.5 million in the third quarter of 2026, up 22.1% year over year.
  • Net cash provided by operating activities was $598.8 million for the nine months ended Aug. 31, 2026.
  • The company expects 2026 net sales to grow 13% to 17% compared to 2025.

Bottom Line

McCormick has transitioned from a spice merchant into a global flavor company serving both retail and industrial customers. Its recent acquisitions and focus on global supply chains support its position in the packaged foods industry.

AI Generated • Oct 2, 2026

Industry

Food Products

Employees

14,100

CEO

Brendan M. Foley, CPA

Headquarters

Hunt Valley, MD 21031, US

MKC Financials

Key Financial Metrics (TTM)

Gross Margin

39.06%

Operating Margin

15.75%

Net Income Margin

19.52%

Return on Equity

22.47%

Return on Capital

11.22%

Return on Assets

9.01%

Earnings Yield

12.15%

Dividend Yield

4.15%

Payout Ratio

34.67%

Stock Overview

Market Cap

$12.24BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Shares Outstanding

268.85M

Volume

155.372

Avg. Volume

3.21M

Financials (TTM)

Gross Profit

$3.00B

Operating Income

$1.21B

EBITDA

$1.46B

Operating Cash Flow

$1.14B

Capital Expenditure

-$214.90M

Free Cash Flow

$925.90M

Cash & ST Invst.

$331.10M

Total Debt

$4.25B

McCormick Performance Analysis

McCormick annual revenue and year-over-year revenue growth by fiscal year
Fiscal yearPeriod endRevenueYoY growth
20222022-11-30USD 6,350,500,0000.5%
20232023-11-30USD 6,662,200,0004.9%
20242024-11-30USD 6,723,700,0000.9%
20252025-11-30USD 6,840,300,0001.7%
McCormick sequential (quarter-over-quarter) revenue growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q42025-11-307.3%
Q12026-02-281.3%
Q22026-05-313.3%
Q32026-08-314.6%
McCormick annual diluted earnings per share and year-over-year EPS growth by fiscal year
Fiscal yearPeriod endDiluted EPSYoY growth
20222022-11-30USD 2.52-9.8%
20232023-11-30USD 2.52-0.1%
20242024-11-30USD 2.9215.9%
20252025-11-30USD 2.930.2%
McCormick sequential (quarter-over-quarter) diluted earnings per share growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q42025-11-30N/A
Q12026-02-28348.8%
Q22026-05-31-85.1%
Q32026-08-31-35.7%

Revenue Growth Rate

Annual and quarterly growth comparison

Earnings Per Share Growth Rate

Annual and quarterly EPS growth comparison

Quarterly Performance

Name
Q3 2026YOY CHG

Revenue

$2.02B

+17.4%

Gross Profit

$794.90M

+23.2%

Gross Margin

39.26%

N/A

Market Cap

$12.24BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

N/A

Market Cap/Employee

$868.33K

N/A

Employees

14,100

N/A

Net Income

$97.60M

-56.7%

EBITDA

$442.70M

+23.2%

Quarterly Fundamentals

Name
Q3 2026YOY CHG

Total Cash

$331.10M

+248.9%

Total Debt

$4.25B

-2.6%

Accounts Receivable

$831.50M

+24.3%

Inventory

$0.00

-100.0%

Long Term Debt

$2.91B

-6.4%

Short Term Debt

$1.34B

+6.9%

Return on Assets

9.01%

N/A

Return on Invested Capital

9.90%

N/A

Free Cash Flow

$112.10M

-67.4%

Operating Cash Flow

$168.10M

-35.0%

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Questions About MKC

What is the current price of McCormick?

McCormick is trading at $45.54 per share.

What is the 52-week range for McCormick?

Over the past 52 weeks, McCormick has traded between $43.25 and $72.41.

How much debt does McCormick have?

As of the most recent reporting period, McCormick reported total debt of $5.02B.

How much cash does McCormick have on hand?

McCormick reported $331.10M in cash and cash equivalents in its most recent financial results.

What is McCormick’s dividend yield?

McCormick currently has a dividend yield of 4.15%.

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