Stock · MKC · Consumer Defensive

McCormick & Company Incorporated

United States · Large Cap · listed since 1972 · Revenue 12 mo. $7.7B

Price as of 11/06/2026

StockScorer score
6.4
of 10 7 of 11 points High Match To the score
Price
$48.40
1 Y −34.0%
Market cap
$12.6B
Phase
Payout
core business profitable, at least half of operating cash flow goes to shareholders
Revenue +2.5% a year (3 years)EBIT margin 15.7%Payout 55.6% of operating cash flow

McCormick & Company, Incorporated manufactures, markets, and distributes herbs, spices, seasoning mixes, condiments, and other flavorful products to the food industry.

moreless

McCormick & Company, Incorporated manufactures, markets, and distributes herbs, spices, seasoning mixes, condiments, and other flavorful products to the food industry. It operates in two segments, Consumer and Flavor Solutions. The Consumer segment offers spices, herbs, and seasonings, as well as condiments, sauces, and desserts. This segment markets its products under the McCormick, French's, Frank's RedHot, Lawry's, Cholula Hot Sauce, Club House, Gourmet Garden, and OLD BAY brands in the Americas; Ducros, Schwartz, Kamis, LA Drogheria, and Vahiné brands in Europe, the Middle East, and Africa; and McCormick and DaQiao brands in the Asia/Pacific (APAC), as well as desserts under the Aeroplane brand; and packaged chilled herbs under the Gourmet Garden brand. Its authentic regional brands include Zatarain's, Stubb's, Thai Kitchen, and Simply Asia. The company also supplies its products under private labels. This segment serves retailers, including grocery, mass merchandise, warehouse clubs, discount and drug stores, and e-commerce retailers directly and indirectly through distributors and wholesale foodservice suppliers. The Flavor Solutions segment offers seasoning blends, spices, herbs, condiments, coating systems, and compound flavors to multinational food manufacturers and foodservice customers. It serves foodservice customers directly and indirectly through distributors. The company was founded in 1889 and is headquartered in Hunt Valley, Maryland.

Original text from the data provider

Summary

McCormick & Company Incorporated is around the middle of the Consumer Defensive sector overall

43.7 of 100

Mean of the six area values. Each area value is the mean of the stock's ranks among the companies in its sector. 50 is the middle of the sector, not a share of companies beaten.

Analysis

What the price requires

The price requires 6.0% FCF growth a year: more than over the last 10 years, less than over the last 5 years.

If free cash flow stays at €664.4M (2025), it supports €7.4B. The remaining €3.9B of the market value assume it grows 6.0% a year for 10 years and not at all afterwards.

Required FCF growth per year

6.0%

no growth afterwards

Market value breakdown€11.3B market value, price as of 11/06/2026

€7.4B without growth
€3.9B priced-in growth
  • 5 yrs achieved 10.4%
  • 10 yrs achieved 5.0%
  • priced in 6.0%

Valuation against its own history

Price to operating cash flow 11.4×, below its usual range.

Middle half of 20 quarters: 16.6× to 27.9×, median 21.8×.

Measures only against its own past, not against what the company is worth. Price as of 11/06/2026.

2 signs support the expectation, 2 speak against it.

What supports it

with respect to the priced-in expectation

  • Low capital needs capex median 3.9% of revenue (10 years)
  • Steady FCF margin at least 6.1%, range 8.5 pp (10 years)

What speaks against it

with respect to the priced-in expectation

  • EBIT margin falling for three quarters −1.9 pp over the last four reports
  • Profit well above operating result 1.41 times EBIT, last 12 months

Since the last quarter

Q2 → Q3 2026

Mostly worse than the previous quarter: 3 of 4 changes for the worse.

  • FCF, 12 mo.$1.2B → $925.9M−20.0%worse
  • EBIT margin15.3% → 13.8%−1.5 ppworse
  • FCF margin15.7% → 12.1%−3.6 ppworse
  • Net debt$4.6B → $3.9B−14.9%better

4 more unchanged: Revenue, 12 mo., Gross margin, Shares outstanding, Return on equity

Derivation

How the sector comparison is derived

Each area value is the average of its metrics' ranks within the sector (0 to 100, 50 is the middle). For metrics where lower is better, the rank is mirrored. The overall value is the average of the area values.

Price as of 11/06/2026.

Profitability70.3above the middleEarns more than the sector: Return on capital (Greenblatt) 73.91%, sector 20.14%.
MetricStockSector medianPosition in sector
Return on equity13.76%12.35%Rank 53
Return on capital (Greenblatt)73.91%20.14%Rank 90
EBIT margin15.65%9.44%Rank 74
FCF margin10.82%6.71%Rank 77
Gross margin37.90%35.78%Rank 57
Growth41.7around the middleGrows about as fast as the sector.
MetricStockSector medianPosition in sector
Revenue growth, 1 year1.73%2.12%Rank 46
Earnings growth, 3 years per year5.10%5.20%Rank 50
Earnings growth, 5 years per year1.08%6.07%Rank 34
Sustainable growth (ROE × retained earnings)3.24%3.77%Rank 37
Valuation59.2around the middleValued about like the sector.
MetricStockSector medianPosition in sector
Earnings yield6.05%4.25%Rank 81
FCF yield5.87%5.05%Rank 62
EV/saleslower is better2.411.51Rank 34
EV/EBITlower is better15.4216.74Rank 60
Momentum11.1below the middleShare price doing worse than the sector: Share price, 1 year −34.04%, sector 3.24%.
MetricStockSector medianPosition in sector
Share price, 1 year−34.04%3.24%Rank 3
Share price, 6 months0.65%11.30%Rank 27
Share price, 3 months−3.48%9.00%Rank 12
Distance from 52-week high−32.45%−7.96%Rank 4
Quality42.9around the middleQuality about like the sector.
MetricStockSector medianPosition in sector
Accruals (Sloan)lower is better0.63%−0.99%Rank 32
Change in share countlower is better−0.07%−0.62%Rank 36
Dividend streak in years415Rank 97
Price reaction to results, market-adjusted−4.68%0.22%Rank 6
Balance sheet & risk36.7below the middleMore risk than the sector: Volatility, 1 year 31.25%, sector 25.82%.
MetricStockSector medianPosition in sector
Equity ratio43.46%41.95%Rank 54
Net debt/EBITDAlower is better2.911.96Rank 25
Debt to equitylower is better0.700.67Rank 49
Volatility, 1 yearlower is better31.25%25.82%Rank 20

Ten years in figures

Revenue from $4.4B (2016) to $6.8B (2025), 5.0% a year.

Fiscal years, amounts in USD
YearRevenue, $BEBIT marginFCF, $MSharesNet debt, $B
20164.414.5%504.3256M1.3
20174.714.8%632.9257M4.8
20185.316.8%652.1267M4.6
20195.317.9%773.1268M4.2
20205.617.8%816.0269M4.6
20216.316.1%550.3270M5.0
20226.413.6%389.5270M5.0
20236.714.5%973.4270M4.4
20246.715.8%647.0270M4.3
20256.815.7%740.4269M3.9
6.4 / 10High MatchStockScorer score7 of 11 points

4 of 7 StockScorer Score rules met · How the score is built

McCormick & Company Incorporated mainly meets criteria in the Profitability category. Result from 18 strategies checked.

This stock · Profitability: 100%This stock · Growth: 0%This stock · Valuation: 100%This stock · Momentum: 0%Median of all stocks · Profitability: 33%Median of all stocks · Growth: 0%Median of all stocks · Valuation: 0%Median of all stocks · Momentum: 0%50%100%ProfitabilityGrowthValuationMomentumThis stockMedian of all stocks

How McCormick & Company Incorporated's score is built

McCormick & Company Incorporated is rated here with the StockScorer Score strategy, the flagship rule set. It compares return and cash-flow metrics with the median of the company's own sector and checks growth and price trend.

4 of 7 rules met

7 of 11 points

  1. Free cash flow yield above the sector medianmet2 of 2 points
  2. Return on capital (Greenblatt ROC) above the sector medianmet2 of 2 points
  3. Return on equity above the sector medianmet1 of 1 point
  4. Free cash flow margin above the sector medianmet2 of 2 points
  5. Revenue growth above 15%not met0 of 2 points
  6. 3-year earnings growth above 12% p.a.not met0 of 1 point
  7. 12-month share price more than 20 percentage points ahead of the marketnot met0 of 1 point
  8. Exclusion: financial and real estate stocksdoes not apply

Detail data

How does McCormick & Company Incorporated stock perform across 18 strategies?

Excerpt from 18 strategies checked. The full evaluation is visible after a free sign-up.

12 more strategies locked

With a free account, you can see the match across all strategies checked in one complete overview.

  • Magic Formula: Value + Quality
  • Dividend Aristocrats & Continuity
  • Undervalued Stocks: Multi-Factor Check
  • Trending Value: Value + Momentum
  • Altman Z-Score: Stress Test
  • Moat Quality
  • Acquirer's Multiple: EV/EBIT Deep Value
  • Balanced GARP
  • High-Growth / Rule of 40
  • Levermann Strategy (13 Criteria)
  • PEG Strategy (inspired by Peter Lynch)
  • Growth Momentum (CAN SLIM principle)

McCormick & Company Incorporated key metrics: P/E, P/B and equity ratio

Selected fundamental metrics for McCormick & Company Incorporated.

MetricStockSector
P/E ratio16.522.8
P/B ratio2.32.6
Return on equity (ROE)13.8%12.3%
Equity ratio43.5%42.0%
Debt-to-equity (D/E)0.700.67
Dividend yield4.0%2.6%

Similar stocks in Consumer Defensive

How comparable stocks in the same sector score in the StockScorer model.

SymbolCompanyRating
MKCMcCormick & Company Incorporatedthis page
HRLHormel Foods CorporationLow0.0
SJMThe J. M. Smucker CompanyLow3.6
GISGeneral Mills IncMedium5.5
KHCThe Kraft Heinz Companylocked
JBSJBS N.V.locked

Frequently asked questions about McCormick & Company Incorporated stock

How does McCormick & Company Incorporated stock (MKC) score in the StockScorer model?
McCormick & Company Incorporated stock reaches a StockScorer score of 6.4 out of 10, which is a high match with the rule-based strategies. 4 out of 7 flagship profile rules are met.
What is McCormick & Company Incorporated's P/E ratio?
McCormick & Company Incorporated's P/E ratio is 16.5. The Consumer Defensive sector median is 22.8.
What sector is McCormick & Company Incorporated in?
McCormick & Company Incorporated is assigned to the Consumer Defensive sector. Its rank within the sector is 43.7 out of 100: 100 means the stock leads its peer group of large and mid-cap sector stocks in every measured area.

Unlock the full analysis for free

Signed up in 30 seconds, free.

  • More metrics: FCF margin, cash flow yield and more
  • Full peer comparison within the same sector
  • See the match across all strategies in detail
  • Apply your own scoring profile to any stock
  • Add the stock to your watchlist and track score changes
  • Daily updated ratings, rule-based and transparent

Learn more about the metrics in the metrics glossary or all rated stocks in the stock overview.

How StockScorer rates every stock is explained on the methodology page.