Mccormick & Co Inc (MKC)
Consumer Staples · Packaged Foods & Meats · US stock · S&P 500 component
$46.35
▲ +0.64 (1.40%)
Fair valueUndervalued
$76 +63.3% to fair value
$38fair band $53–$98$114
Day's range
$45.80 – $46.68
52-week range
$42.79 – $70.38
About Mccormick & Co Inc
McCormick is a food company that makes spices, herbs, seasonings, condiments and flavor ingredients. It sells branded products such as McCormick and Frank's RedHot to consumers through grocery stores, and it supplies flavor solutions to food manufacturers and restaurant chains. Revenue comes from product sales in both consumer and flavor solutions segments, and results are influenced by ingredient costs and consumer demand.
The X-Ray Score for Mccormick & Co Inc is 51 out of 100. Revenue over the last twelve months was $7.7 billion, and it expanded at 2.5% a year across three years. The business shows an operating margin of 13.4% and a return on invested capital of 6%. Leverage, measured as net debt to EBITDA, is 3.6 times. The company pays a dividend with a yield of 4.1%.
Written with AI from public information and the filing figures on this page, then checked automatically for unsupported numbers. It can contain mistakes: read the company's own filings below before relying on it.
Price chart
52-wk range $42.79 – $70.38Volume 6,231,500Daily, split-adjusted
Vitals
Market cap$12.5B
52-week range$42.79 – $70.38
Volume (last day)6,231,500
P/E (TTM)8.4
EBIT / EV yield5.8%
Free-cash-flow yield7.4%
Dividend yield4.1%
Revenue (TTM)$7.7B
Net income (TTM)$1.5B
Operating margin13.4%
Return on capital6.4%
Debt incl. leases$5.0B
Cash & securities$331M
Debt = borrowings plus lease liabilities. Cash & securities = cash, equivalents and short-term marketable securities (long-term securities are not counted, so net cash can be understated for companies like Apple). Net debt = debt minus cash & securities. Source: latest SEC 10-Q/10-K. EBIT / EV yield = operating profit divided by market cap plus net debt.
Fair value estimate
$76model spread $72 – $80
Undervalued
+63.3% to fair value
Equal blend of three models: peer multiples, a fundamentals-adjusted multiple (growth, ROIC and margin) and a 10-year DCF scaled to the market's average. Earnings-power value (no growth) is a floor and not part of the blend. Model uncertainty is Medium, so the safety margin is 30%.
Price $46
Undervalued < $53Fair $53 – $98Overvalued > $98
10-year DCF (market-scaled)
$46
Peer multiples
$67
Earnings power floor (not blended)
$27
Fundamentals-adjusted multiple
$114
Growth the price implies
9.0%/yr
A model estimate, not a price target or recommendation. Inputs: risk-free 5.09%, equity risk premium 4.23% (Damodaran). How it works.
What this means
Weak business, but the price is low
Our models put fair value above today's price, but models can be wrong, so check the business first. A high score does not guarantee a good outcome; it shifts the odds a little. Use the checklist as a prompt for your own research.
Before you invest · decision checklist
Ticked boxes are filled in from our data; the rest are yours to answer.
The five-lens scan
Every score explained in one sentence, ranked against Consumer Staples peers. Open a lens to see the numbers behind it.
Valuation
Strong
80/100
Cheap against its sector on earnings and cash flow.
See the numbers →
EBIT / EV yield5.8%
Free-cash-flow yield7.4%
Fair value vs price1.6×
Growth
Fair
57/100
Growing at a typical pace for its sector.
See the numbers →
Revenue growth (3y)2.5%
EPS growth (3y)5.2%
Growth consistency80%
Profitability
Weak
38/100
Earns lower returns on its capital than most peers.
See the numbers →
Return on invested capital6.4%
Operating margin13.4%
Gross profitability18.0%
Financial health
Weak
28/100
Balance sheet is more stretched than most peers.
See the numbers →
Piotroski F-Score6 / 9
Net debt / EBITDA3.6×
Interest cover4.6×
Dividends
Fair
67/100
Dividend is typical for its sector.
See the numbers →
Dividend yield4.1%
Dividends vs free cash flow56%
Dividend growth6.8%
Quarterly results: last 6 quarters
+1.0%
May '25
+2.7%
Aug '25
+2.9%
Nov '25
+16.7%
Feb '26
+16.7%
May '26
+17.4%
Aug '26
Revenue against the same quarter a year earlier. Latest quarter revenue $2.0B, diluted EPS $0.36.
Compare with peers
HRL Hormel Foods Corp42 TSN Tyson Foods, Inc.38 KHC Kraft Heinz Co35 MDLZ Mondelez International...35Other Packaged Foods & Meats companies by X-Ray Score.
Fundamentals checklist
● 3 Good · ● 6 Average · ● 7 BadCash quality
Earnings backed by cashBad
Free-cash-flow yieldGood
Risk models
Altman Z''Bad
Piotroski F-ScoreAverage
Growth
EPS growth (3y)Average
Free-cash-flow growth (3y)Good
Revenue growth (3y)Average
Growth consistencyAverage
Balance sheet
Current ratioBad
Net debt / EBITDABad
Interest coverBad
Valuation
Fair value vs priceGood
EBIT / EV yieldAverage
Profitability
Return on invested capitalBad
Operating marginAverage
Gross profitabilityBad
Each check is graded against the company's sector, not a fixed number. Checklist score 47/100.
Financials
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Revenue | $6.3B | $6.4B | $6.7B | $6.7B | $6.8B |
| Operating income | $1.0B | $864M | $963M | $1.1B | $1.1B |
| Net income | $755M | $682M | $681M | $789M | $789M |
| Operating cash flow | $828M | $652M | $1.2B | $922M | $962M |
| Operating margin | 16.1% | 13.6% | 14.5% | 15.8% | 15.7% |
| Free cash flow | $550M | $390M | $973M | $647M | $740M |
| Diluted EPS | $2.80 | $2.52 | $2.52 | $2.92 | $2.93 |
Fiscal years, from SEC filings.
Technical summary
Daily
Neutral
5 bullish · 4 neutral · 7 bearish
Weekly
Strongly bearish
0 bullish · 1 neutral · 11 bearish
Monthly
Strongly bearish
0 bullish · 1 neutral · 7 bearish
Moving averages (daily)
| SMA 10 | 45.12 | Bullish |
| EMA 10 | 45.49 | Bullish |
| SMA 20 | 46.07 | Bullish |
| EMA 20 | 46.33 | Bullish |
| SMA 50 | 49.98 | Bearish |
| EMA 50 | 48.38 | Bearish |
| SMA 100 | 49.60 | Bearish |
| EMA 100 | 49.95 | Bearish |
| SMA 200 | 53.26 | Bearish |
| EMA 200 | 53.13 | Bearish |
Oscillators (daily)
| RSI (14) | 46.34 | Neutral |
| MACD (12, 26) | -1.28 | Bearish |
| Momentum (12) | 0.96 | Bullish |
| Stochastic %K (14) | 60.39 | Neutral |
| Williams %R (14) | -39.61 | Neutral |
| CCI (20) | 5.84 | Neutral |
Pivot points (classic, last session)
S3 44.99 | S2 45.40 | S1 45.87 | Pivot 46.28 | R1 46.75 | R2 47.16 | R3 47.63 |
Signals describe what the chart is doing, not what to do. Moving averages: price above the average is bullish. Oscillators use the usual thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20; MACD and momentum above zero are bullish). Weekly and monthly views use closing prices only.
Dividends
Paid, last 12 months
1.92 USD
Yield on today's price
4.14%
Frequency
Quarterly
Next ex-dividend date
Not announced
| Ex-dividend date | Amount per share |
|---|---|
| 13 Oct 2026 | 0.4800 |
| 6 Jul 2026 | 0.4800 |
| 20 Apr 2026 | 0.4800 |
| 29 Dec 2025 | 0.4800 |
| 14 Oct 2025 | 0.4500 |
| 7 Jul 2025 | 0.4500 |
| 7 Apr 2025 | 0.4500 |
| 30 Dec 2024 | 0.4500 |
| 7 Oct 2024 | 0.4200 |
| 8 Jul 2024 | 0.4200 |
| 5 Apr 2024 | 0.4200 |
| 28 Dec 2023 | 0.4200 |
Ex-dividend dates and amounts from EODHD. Shown as declared, before tax.
MKC SEC filings
1 Oct 2026
10-QSEC EDGAR
Quarterly report
1 Oct 2026
8-KSEC EDGAR
Results of operations
28 Sep 2026
8-KSEC EDGAR
Change of auditor
28 Aug 2026
8-KSEC EDGAR
Director or officer change
25 Jun 2026
10-QSEC EDGAR
Quarterly report
25 Jun 2026
8-KSEC EDGAR
Results of operations
26 May 2026
8-KSEC EDGAR
Director or officer change
1 May 2026
8-KSEC EDGAR
Entered a material agreement; Other events
Where the numbers come from
Statements SEC EDGAR filings (10-K, 10-Q), quarters derived from year-to-date figures.
Prices end-of-day closes, split-adjusted.
Industry inputs beta, multiples and equity risk premium from Damodaran Online (NYU Stern).
StocksXray is for education only and is not financial advice. Scores and fair values are model estimates from public filings and carry uncertainty.