McCormick & Company, Incorporated (MKC)
| Market Cap | 20.48B |
| Revenue (ttm) | 6.74B |
| Net Income (ttm) | 775.60M |
| Shares Out | 268.37M |
| EPS (ttm) | 2.87 |
| PE Ratio | 26.59 |
| Forward PE | 23.94 |
| Dividend | $1.80 (2.36%) |
| Ex-Dividend Date | Jul 7, 2025 |
| Volume | 3,694,682 |
| Open | 77.03 |
| Previous Close | 77.57 |
| Day's Range | 76.09 - 77.97 |
| 52-Week Range | 69.00 - 86.24 |
| Beta | 0.68 |
| Analysts | Buy |
| Price Target | 84.13 (+10.25%) |
| Earnings Date | Jun 26, 2025 |
About MKC
McCormick & Company, Incorporated manufactures, markets, and distributes 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 and 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... [Read more]
Financial Performance
In 2024, McCormick & Company's revenue was $6.72 billion, an increase of 0.92% compared to the previous year's $6.66 billion. Earnings were $788.50 million, an increase of 15.85%.
Financial StatementsAnalyst Forecast
According to 8 analysts, the average rating for MKC stock is "Buy." The 12-month stock price forecast is $84.13, which is an increase of 10.25% from the latest price.
News
Consumers are cooking at home more than before the pandemic, says McCormick CEO
CNBC's "Mad Money" host Jim Cramer is joined by McCormick CEO Brendan Foley to discuss the company's tariff strategy, its latest earnings results and more.
McCormick is well-positioned to fully mitigate tariff impact in 2025, says CEO
CNBC's "Mad Money" host Jim Cramer is joined by McCormick CEO Brendan Foley to discuss the company's tariff strategy.
McCormick is focused on mitigating tariff impact on agriculture, says CEO Brendan Foley
McCormick CEO Brendan Foley told CNBC's Jim Cramer that the spice maker is looking at how new tariffs will impact sourcing for its products. "This is a big area," Foley said.
McCormick: Spice Up Your Port, We See It Heading Higher
Bullish on McCormick & Company, Incorporated for long-term investors, especially after a strong Q2 and an outlook reaffirmation. The company demonstrated robust consumer demand, solid volume growth, a...
McCormick & Company, Incorporated (MKC) Q2 2025 Earnings Call Transcript
McCormick & Company, Incorporated (NYSE:MKC) Q2 2025 Results Conference Call June 26, 2025 8:00 AM ET Company Participants Brendan M. Foley - President, CEO & Chairman Faten Freiha - Vice President o...
TSLA Price Target Hike, TTD Downgrade, MKC Beats
From tech to consumer staples, Diane King Hall talks about the stock movers driving the start of the trading day. On Tesla (TSLA), she notes Benchmark upping its price target on expectations of improv...
Spice Maker McCormick Tops Profit Estimates, Says It Can Mitigate Tariff Costs
Shares of McCormick (MKC) surged Thursday as the spice maker posted better-than-expected profit on a higher volume and product mix, and said it was in a position to deal with the impact of higher tari...
Spice maker McCormick beats quarterly profit estimates on cost-saving efforts
Flavoring products maker McCormick on Thursday beat Wall Street estimates for second-quarter profit, aided by the resilient demand for its higher-priced products and cost-saving initiatives.
McCormick Stock Is Climbing. Spice Maker's Earnings Beat Expectations.
The spice maker's adjusted earnings and sales narrowly beat Wall Street's consensus estimates.
McCORMICK REPORTS STRONG SECOND QUARTER PERFORMANCE AND REAFFIRMS 2025 OUTLOOK
HUNT VALLEY, Md. , June 26, 2025 /PRNewswire/ -- McCormick & Company, Incorporated (NYSE:MKC), a global leader in flavor, today reported financial results for the second quarter ended May 31, 2025 and...
McCormick Gears Up For Q2 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
McCormick & Company, Incorporated MKC will release earnings results for the second quarter, before the opening bell on Thursday, June 26.
Daily Dividend: Mastercard, McCormick, GBCI, Worthington, SPGI
Mastercard today announced that its Board of Directors has declared a quarterly cash dividend of 76 cents per share. The cash dividend will be paid on August 8, 2025 to holders of record of its Class ...
McCormick Declares $0.45 Quarterly Dividend
HUNT VALLEY, Md. , June 24, 2025 /PRNewswire/ -- The Board of Directors of McCormick & Company, Incorporated (NYSE:MKC) declared a quarterly dividend of $0.45 per share on its common stocks, payable J...
McCormick Q2 Preview: I Don't Expect Much From Q2 Numbers
I initiate McCormick & Company, Incorporated with a Hold rating due to lackluster sales growth and only modest margin improvement prospects. Current valuation is stretched, with a forward P/E of 24, i...
McCormick & Company to Report 2025 Second Quarter Financial Results on June 26, 2025
HUNT VALLEY, Md. , May 29, 2025 /PRNewswire/ -- McCormick & Company, Incorporated (NYSE: MKC), a global leader in flavor, is scheduled to conduct a conference call and webcast of its second quarter 20...
Sen. Dave McCormick on Nippon-U.S. Steel deal: A win-win situation for both sides
Sen. Dave McCormick (R-Penn.) joins 'Squawk Box' to discuss the deal between U.S. Steel and Japan's Nippon Steel, structure of the deal, economic impact, fate of the Republican tax bill, and more.
McCormick Announces Kasey Jenkins' Plan to Retire
HUNT VALLEY, Md. , May 21, 2025 /PRNewswire/ -- McCormick & Company, Incorporated (NYSE: MKC), a global leader in flavor, today announced that Kasey Jenkins, Chief Growth Officer, will retire in early...
US Dollar, FX Look Like Emerging Market: TD Securities' McCormick
Mark McCormick, global head of FX strategy at TD Securities, discusses the catalysts he sees for US dollar weakness. -------- More on Bloomberg Television and Markets Like this video?
McCormick & Company to Participate in Deutsche Bank's Annual dbAccess Global Consumer Conference
HUNT VALLEY, Md. , May 13, 2025 /PRNewswire/ -- McCormick & Company, Incorporated (NYSE: MKC), a global leader in flavor, will be participating in Deutsche Bank's annual dbAccess Global Consumer Confe...
McCormick Honors 2025 Unsung Heroes; Awards $105,000 in Total Scholarships to Student-Athletes
Two $40,000 Charles Perry McCormick Scholarships Awarded to Kayla Carter from Franklin High School and Ty Simpson from Owings Mills High School HUNT VALLEY, Md. , May 6, 2025 /PRNewswire/ -- McCormick...
Best Dividend Aristocrats For May 2025
Despite a strong start, the Dividend Aristocrats are underperforming the S&P 500 in April, with NOBL down 4.88% and SPY down 1.53%. The best-performing Dividend Aristocrats YTD include Consolidated Ed...
Communitech announces Sheldon McCormick as new CEO
KITCHENER, Ontario--(BUSINESS WIRE)--Communitech announced today the appointment of Sheldon McCormick as its new CEO, effective April 14. McCormick is a seasoned entrepreneur and leader with extensive...
Best Dividend Aristocrats For April 2025
Dividend Aristocrats are outperforming the S&P 500 in 2025, demonstrating resilience, with NOBL up 1.78% YTD versus SPY's 4.9% decline. Top performers include Consolidated Edison (+22.98%), Brown & Br...
McCormick dropping food dyes under pressure from RFK Jr, US regulators
McCormick is working to reformulate products to remove certain ingredients like food dyes under fire from HHS Secretary Robert F. Kennedy Jr.
McCormick: Slow And Steady
McCormick & Company, Incorporated is recommended for long-term dividend growth investing due to its stable, slow growth and robust demand for its seasoning and spice lines. Fiscal Q1 sales rose 0.6% y...