McCormick & Company, Incorporated (MKC) Stock

McCormick & Company, Incorporated (MKC) is a Consumer Staples stock trading at $55.41 (as of 2026-08-21), with a market capitalization of $14.92B and a trailing P/E of 9.2. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

McCormick & Company, Incorporated manufactures, markets, and distributes spices, seasoning mixes, condiments, and related products. It operates in the Consumer and Flavor Solutions segments, with Consumer focused on branded seasonings and Flavor Solutions focused on flavor and seasoning solutions for the food industry; sales are made to retailers and foodservice channels.

Understand McCormick & Company, Incorporated: how it makes money

McCormick & Company manufactures, markets, and distributes spices, seasoning mixes, condiments, and other flavorful products for food. It makes money by selling branded flavor products through its Consumer and Flavor Solutions business segments.

McCormick's profit model is driven by in-home meal usage and demand for flavor, reflected in the KPI 'Meal Occasions Sourced at Home', while execution also shows up in the sourcing footprint KPI 'Share of What Is Sold Made in Specified Countries'.

Business quality (Solid): Good clarity on the two reportable segments and the operating KPIs provided, but no segment revenue breakdown is included in the facts supplied, so segment-level revenue cannot be validated to sum to the reported total.

Valuation: At 8× earnings, MKC trades 68% below the Food Products average (26×). Note: one-time items can distort reported P/E.

Bull case

  • In-home meal penetration remains high: The KPI 'Meal Occasions Sourced at Home' is 86 percent (imp 3).
  • Sourcing footprint appears stable: The KPI 'Share of What Is Sold Made in Specified Countries' is 85 percent (imp 3).

Bear case

  • Flavor Solutions volumes are declining: The KPI 'Flavor Solutions Volume Decline Approximate' is 1 percent (imp 3).
  • Consumer organic sales show a decline: The KPI 'Consumer Organic Sales - In-Place Equivalent Cases' is -10 percent (imp 3).
Valuation — source: SEC EDGAR (first-party)
Price$55.41
Market Cap$14.92B
P/E Ratio9.2
EV / EBITDA14.3
Price / Book1.97
Price / Sales2.02
FCF Yield6.8%
DCF Value (model)$38.66
DCF Upside vs Price-30.2%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$6.84B
Net Margin11.5%
Revenue Growth (YoY)16.7%
EPS Growth (YoY)-13.8%
FCF Growth (YoY)-14145.8%
Financial Health — source: SEC EDGAR
Altman Z-Score2.31 (grey)
Piotroski F-Score6/9 (moderate)
Valuation vs Sector & Industry
Stock P/E9.2
Sector P/E (Consumer Staples)26.7
Industry P/E (Food Products)26.1
vs Sector-65.5%
vs Industry-64.6%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderVANGUARD GROUP INC ($2.23B)
Institutional Holders Tracked10
Congressional Trades (recent)10
Company
SectorConsumer Staples
IndustryFood Products
CEOBrendan Foley
Employees14,100
CountryUS
IPO Date1999-04-26

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MKC earnings history · MKC institutional & insider holders · MKC KPIs & operating metrics · MKC financials · MKC investor presentations & press releases · MKC SEC filings · MKC peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-21.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.