McCormick & Company

NYSE: MKC

Stock price

54.48 USD

(+0%) TODAY

Financial Performance

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5Y price score: (51)

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The price score is a basic measure of the stock's performance against the S&P 500 Index over a five-year period.

A score of 100 indicates that the stock did as well as the S&P 500 Index.

A score below 100 means the stock underperformed the index, while a score above 100 means it outperformed the S&P 500.

10Y return: 33%

DATE RANGE:

US$ Per
Share

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44.8

52-week range

72.4

54.48

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Required return / cost of capital
%
FCFF terminal growth rate
%

Your fair value & Margin of safety

To calculate fair value based on cost of capital and terminal growth assumptions above, please select free cash flow forecast.

Forecast:

Valuation

Free Cash Flow Yield

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FCF Yield TTM = Trailing Twelve Months free cash flow per share / current market price per shareLearn more

7.9 %

Dividend Yield TTM

3.5 %

Market cap $

$ 14,647

Price / Earnings TTM

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P/E TTM = current market price per share / Trailing Twelve Months diluted earnings per shareLearn more

9.1

Price / Book TTM

2.1

PEG TTM

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Price/Earnings-to-Growth ratio = P/E TTM divided by most recent annual diluted earnings per share growth rateLearn more

(0.7)

Earnings growth and return

LTM

5YR

10YR

Total return (price & dividends)

(20.2) %

(27.1) %

33 %

Free cash flow per share growth

14,156.3 %

(9.3) %

53.9 %

Earnings per share growth

(13.8) %

5.4 %

87.8 %

Founded: 1,889

Employees: 14,100

Business Summary:McCormick & Company, Incorporated is a global leader in the manufacture, marketing, and distribution of a wide array of flavorful products, including spices, seasoning mixes, and condiments, to the food industry. Its operations are divided into two primary segments: Consumer and Flavor Solutions. The Consumer segment provides an extensive range of items such as spices, herbs, seasonings, sauces, and desserts. These are sold under numerous prominent brands across various regions: McCormick, French's, Frank's RedHot, Lawry's Cholula Hot Sauce, Gourmet Garden, Club House, and OLD BAY in the Americas; Ducros, Schwartz, Kamis, Drogheria & Alimentari, and Vahiné throughout Europe, the Middle East, and Africa (EMEA); McCormick and DaQiao in China; and McCormick, Aeroplane, and Gourmet Garden in Australia. In addition, it offers specialized regional and ethnic brands like Zatarain's, Stubb's, Thai Kitchen, and Simply Asia, and also produces goods for private labels. Its customer base encompasses a broad spectrum of retailers, including grocery stores, mass merchandisers, warehouse clubs, discount and drug stores, and e-commerce platforms. Distribution to these outlets occurs both directly and indirectly via distributors and wholesale foodservice providers. The Flavor Solutions segment caters to large-scale food manufacturers and the wider foodservice industry. It supplies essential ingredients such as seasoning blends, spices, herbs, condiments, coating systems, and complex flavor formulations. These products are delivered directly to clients or through a network of distributors. Founded in 1889, the company maintains its headquarters in Hunt Valley, Maryland.

Fair Value Reference Estimate

Latest Earnings Call Takeaways

2026 Q2 (Jun 25, 2026)

1) Strategy & Leadership
- McCormick's Q2 performance reflects strong underlying business resilience, with robust sales growth and expanded margins.
- The company is focused on sustaining momentum in Flavor Solutions while improving Consumer volume trends through targeted reinvestment.
- Enhanced operational rigor and disciplined execution are key to long-term value creation, especially with the upcoming Unilever Foods integration.

2) Financial & Segment Results
- Total sales grew by 14% in constant currency, with 12% from the McCormick Mexico acquisition and 2% from organic growth.
- Consumer segment sales increased by 20% (1% organic), while Flavor Solutions grew by 6% (3% organic).
- Adjusted earnings per share reached $0.80, a 16% increase YoY, driven by strong operating income and a tariff refund contributing approximately $0.07 per share.

Metric Q2 2026 Results YoY Change
Total Sales Growth 14% -
Consumer Segment Growth 20% -
Flavor Solutions Growth 6% -
Adjusted EPS $0.80 16%

3) Problems / Headwinds
- U.S. spices and seasonings faced volume declines due to shifting demand patterns and increased price sensitivity.
- Geopolitical volatility, elevated fuel costs, and persistent inflation are impacting consumer confidence and spending behavior.
- The company anticipates continued cost pressures in 2026, particularly from the Middle East conflict and tariff impacts.

4) Operational or Product Plans
- McCormick plans to implement targeted actions to improve Consumer segment performance, including refined revenue growth management and increased brand marketing.
- The company is focusing on innovation in health and wellness, particularly in beverages and snacks, to capitalize on consumer trends.
- Integration planning for the Unilever Foods transaction is progressing well, with a dedicated team working on synergy realization and operational overlap.

5) Guidance & Outlook / Investor Angle
- McCormick expects sequential volume improvement in the second half of 2026, driven by expanded distribution and targeted marketing efforts.
- The company maintains its 2026 financial outlook, anticipating gross margin expansion of 100-120 basis points and continued strong cash flow generation.
- Investors should note the potential for mid to high single-digit adjusted EPS accretion from the Unilever Foods integration within the first year post-close.

Bottom line: McCormick's strong Q2 results, driven by strategic execution and a diversified portfolio, position the company well for future growth despite current headwinds. The ongoing integration with Unilever Foods is expected to enhance profitability and operational efficiency, making it an attractive opportunity for shareholders.

Annual Reports, Presentations And IR Contacts

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McCormick & Company — Financial Overview, Stock Price, Market Cap

McCormick & Company is a company. Founded in 1889. As of August 26, 2026, the company's market capitalization is $14647032716 with a current stock price of $54.48.