Stocktoria

MCCORMICK & CO INC MKC

NYSE · stock · Miscellaneous Food Preparations & Kindred Products · website · IPO 1980-03-17

MCCORMICK & CO INC statistics & valuation

Market cap$13.7B
P / E17.4×
P / S2.0×
P / B2.4×
Dividend yield3.52%
Net margin11.5%
Return on equity13.7%
Net debt$3.5B
Net debt / EBITDA2.7×
Enterprise value USD$17.2B
EV / EBITDA13.2×
Earnings yield EBIT/EV6.2%
Return on capital10.6%
Graham number -29.1%$37.57

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($37.57); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
10.70% 9.90% 17.60% 13.10% 13.30% 12.00% 10.70% 10.20% 11.70% 11.50% 2016201720182019202020212022202320242025
Gross margin (%)
41.50% 37.10% 39.50% 40.10% 41.10% 39.50% 35.80% 37.60% 38.50% 37.90% 2016201720182019202020212022202320242025
Operating margin (%)
14.50% 14.50% 16.80% 17.90% 17.80% 16.10% 13.60% 14.50% 15.80% 15.70% 2016201720182019202020212022202320242025
Return on equity (%)
28.80% 18.60% 29.30% 20.30% 19.00% 17.10% 14.50% 13.40% 14.80% 13.70% 2016201720182019202020212022202320242025
Shares outstanding
256.0M 256.8M 266.5M 268.1M 269.1M 269.9M 270.2M 269.8M 269.6M 269.4M 2016201720182019202020212022202320242025
Net debt ($)
$938.5M $4.58B $4.04B $3.57B $3.59B $4.39B $3.58B $3.97B $3.67B $3.52B 2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
10.20% 4.60% 9.10% 6.80% 6.20% 5.90% 5.20% 5.30% 6.00% 6.00% 2016201720182019202020212022202320242025
Free cash flow margin (%)
11.40% 13.10% 12.30% 14.50% 14.60% 8.70% 6.10% 2016201720182019202020212022202320242025
Debt / equity (×)
0.65× 1.86× 1.30× 1.08× 1.02× 1.07× 0.83× 0.81× 0.73× 0.63× 2016201720182019202020212022202320242025
EPS ($)
$1.84 $1.86 $3.50 $2.62 $2.78 $2.80 $2.52 $2.52 $2.92 $2.93 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

MCCORMICK & CO INC trades at about 18.1× earnings — below its 10-year norm (10-year range 19.9×–34.5×, median 27.4×).

18.1× 34.5×

Shaded band = 10-year range (19.9×–34.5×); dot = today's 18.1×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Gross margin37.9%38.5%37.6%35.8%39.5%41.1%40.1%39.5%37.1%41.5%
Operating margin15.7%15.8%14.5%13.6%16.1%17.8%17.9%16.8%14.5%14.5%
Net margin11.5%11.7%10.2%10.7%12.0%13.3%13.1%17.6%9.9%10.7%
FCF margin———6.1%8.7%14.6%14.5%12.3%13.1%11.4%
Return on assets6.0%6.0%5.3%5.2%5.9%6.2%6.8%9.1%4.6%10.2%
Return on equity13.7%14.8%13.4%14.5%17.1%19.0%20.3%29.3%18.6%28.8%
Debt / equity0.63×0.73×0.81×0.83×1.07×1.02×1.08×1.30×1.86×0.65×
Current ratio0.700.740.650.700.680.680.720.740.831.00

Computed from company filings · US · as of 2025-11-30. Facts plus Stocktoria's own computed scores — not investment advice.