MCCORMICK & CO-NON VTG SHRS (MKC) Stock Fundamental Analysis

USA • New York Stock Exchange • NYSE:MKC • US5797802064

63.12 USD
+2.02 (+3.31%)
Last: Feb 3, 2026, 03:36 PM
Fundamental Rating

5

MKC gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 87 industry peers in the Food Products industry. While MKC has a great profitability rating, there are quite some concerns on its financial health. MKC has a decent growth rate and is not valued too expensively. MKC also has an excellent dividend rating.


Dividend Valuation Growth Profitability Health

7

1. Profitability

1.1 Basic Checks

  • MKC had positive earnings in the past year.
  • MKC had a positive operating cash flow in the past year.
  • MKC had positive earnings in each of the past 5 years.
  • In the past 5 years MKC always reported a positive cash flow from operatings.
MKC Yearly Net Income VS EBIT VS OCF VS FCFMKC Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M 800M 1B

1.2 Ratios

  • MKC has a Return On Assets of 5.98%. This is amongst the best in the industry. MKC outperforms 82.76% of its industry peers.
  • With an excellent Return On Equity value of 13.76%, MKC belongs to the best of the industry, outperforming 86.21% of the companies in the same industry.
  • Looking at the Return On Invested Capital, with a value of 8.22%, MKC belongs to the top of the industry, outperforming 83.91% of the companies in the same industry.
  • The Average Return On Invested Capital over the past 3 years for MKC is significantly below the industry average of 27.79%.
  • The 3 year average ROIC (8.07%) for MKC is below the current ROIC(8.22%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 5.98%
ROE 13.76%
ROIC 8.22%
ROA(3y)5.77%
ROA(5y)5.67%
ROE(3y)14.04%
ROE(5y)14.76%
ROIC(3y)8.07%
ROIC(5y)7.87%
MKC Yearly ROA, ROE, ROICMKC Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5 10 15 20 25

1.3 Margins

  • MKC has a better Profit Margin (11.54%) than 91.95% of its industry peers.
  • MKC's Profit Margin has declined in the last couple of years.
  • MKC has a Operating Margin of 15.99%. This is amongst the best in the industry. MKC outperforms 95.40% of its industry peers.
  • MKC's Operating Margin has declined in the last couple of years.
  • MKC has a Gross Margin of 37.93%. This is amongst the best in the industry. MKC outperforms 88.51% of its industry peers.
  • MKC's Gross Margin has declined in the last couple of years.
Industry RankSector Rank
OM 15.99%
PM (TTM) 11.54%
GM 37.93%
OM growth 3Y3.45%
OM growth 5Y-2.54%
PM growth 3Y2.43%
PM growth 5Y-2.86%
GM growth 3Y1.93%
GM growth 5Y-1.58%
MKC Yearly Profit, Operating, Gross MarginsMKC Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10 20 30 40

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3

2. Health

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), MKC is creating some value.
  • MKC has about the same amout of shares outstanding than it did 1 year ago.
  • MKC has more shares outstanding than it did 5 years ago.
  • MKC has a better debt/assets ratio than last year.
MKC Yearly Shares OutstandingMKC Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 50M 100M 150M 200M 250M
MKC Yearly Total Debt VS Total AssetsMKC Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B 8B 10B

2.2 Solvency

  • MKC has an Altman-Z score of 2.43. This is not the best score and indicates that MKC is in the grey zone with still only limited risk for bankruptcy at the moment.
  • Looking at the Altman-Z score, with a value of 2.43, MKC is in line with its industry, outperforming 57.47% of the companies in the same industry.
  • The Debt to FCF ratio of MKC is 5.40, which is a neutral value as it means it would take MKC, 5.40 years of fcf income to pay off all of its debts.
  • MKC has a better Debt to FCF ratio (5.40) than 75.86% of its industry peers.
  • A Debt/Equity ratio of 0.61 indicates that MKC is somewhat dependend on debt financing.
  • With a Debt to Equity ratio value of 0.61, MKC perfoms like the industry average, outperforming 44.83% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.61
Debt/FCF 5.4
Altman-Z 2.43
ROIC/WACC1.05
WACC7.84%
MKC Yearly LT Debt VS Equity VS FCFMKC Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B 4B 5B

2.3 Liquidity

  • MKC has a Current Ratio of 0.70. This is a bad value and indicates that MKC is not financially healthy enough and could expect problems in meeting its short term obligations.
  • MKC has a worse Current ratio (0.70) than 83.91% of its industry peers.
  • A Quick Ratio of 0.28 indicates that MKC may have some problems paying its short term obligations.
  • The Quick ratio of MKC (0.28) is worse than 91.95% of its industry peers.
Industry RankSector Rank
Current Ratio 0.7
Quick Ratio 0.28
MKC Yearly Current Assets VS Current LiabilitesMKC Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B

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4

3. Growth

3.1 Past

  • The Earnings Per Share has been growing slightly by 1.69% over the past year.
  • Measured over the past 5 years, MKC shows a small growth in Earnings Per Share. The EPS has been growing by 1.17% on average per year.
  • Looking at the last year, MKC shows a small growth in Revenue. The Revenue has grown by 1.73% in the last year.
  • MKC shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 4.08% yearly.
EPS 1Y (TTM)1.69%
EPS 3Y5.84%
EPS 5Y1.17%
EPS Q2Q%7.5%
Revenue 1Y (TTM)1.73%
Revenue growth 3Y2.51%
Revenue growth 5Y4.08%
Sales Q2Q%2.91%

3.2 Future

  • MKC is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 9.24% yearly.
  • Based on estimates for the next years, MKC will show a small growth in Revenue. The Revenue will grow by 3.33% on average per year.
EPS Next Y8.5%
EPS Next 2Y8.97%
EPS Next 3Y7.92%
EPS Next 5Y9.24%
Revenue Next Year11.45%
Revenue Next 2Y7.56%
Revenue Next 3Y6.82%
Revenue Next 5Y3.33%

3.3 Evolution

  • The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
MKC Yearly Revenue VS EstimatesMKC Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 2B 4B 6B 8B
MKC Yearly EPS VS EstimatesMKC Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 1 2 3 4 5

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4

4. Valuation

4.1 Price/Earnings Ratio

  • MKC is valuated rather expensively with a Price/Earnings ratio of 21.04.
  • Compared to the rest of the industry, the Price/Earnings ratio of MKC is on the same level as its industry peers.
  • MKC's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 28.41.
  • A Price/Forward Earnings ratio of 19.39 indicates a rather expensive valuation of MKC.
  • 62.07% of the companies in the same industry are more expensive than MKC, based on the Price/Forward Earnings ratio.
  • The average S&P500 Price/Forward Earnings ratio is at 25.64. MKC is valued slightly cheaper when compared to this.
Industry RankSector Rank
PE 21.04
Fwd PE 19.39
MKC Price Earnings VS Forward Price EarningsMKC Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • MKC's Enterprise Value to EBITDA is on the same level as the industry average.
  • 64.37% of the companies in the same industry are more expensive than MKC, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 22.88
EV/EBITDA 15.03
MKC Per share dataMKC EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 10 -10 20

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
  • The decent profitability rating of MKC may justify a higher PE ratio.
PEG (NY)2.48
PEG (5Y)17.93
EPS Next 2Y8.97%
EPS Next 3Y7.92%

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7

5. Dividend

5.1 Amount

  • MKC has a Yearly Dividend Yield of 3.13%. Purely for dividend investing, there may be better candidates out there.
  • MKC's Dividend Yield is a higher than the industry average which is at 2.29.
  • Compared to an average S&P500 Dividend Yield of 1.83, MKC pays a better dividend.
Industry RankSector Rank
Dividend Yield 3.13%

5.2 History

  • On average, the dividend of MKC grows each year by 7.76%, which is quite nice.
  • MKC has paid a dividend for at least 10 years, which is a reliable track record.
  • MKC has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)7.76%
Div Incr Years34
Div Non Decr Years34
MKC Yearly Dividends per shareMKC Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0.5 1 1.5

5.3 Sustainability

  • 61.19% of the earnings are spent on dividend by MKC. This is not a sustainable payout ratio.
  • The dividend of MKC is growing around the same rate as the earnings are growing. If this keeps up the dividend growth is sustainable.
DP61.19%
EPS Next 2Y8.97%
EPS Next 3Y7.92%
MKC Yearly Income VS Free CF VS DividendMKC Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M 800M
MKC Dividend Payout.MKC Dividend Payout, showing the Payout Ratio.MKC Dividend Payout.PayoutRetained Earnings

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MCCORMICK & CO-NON VTG SHRS

NYSE:MKC (2/3/2026, 3:36:06 PM)

63.12

+2.02 (+3.31%)

Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryFood Products
Earnings (Last)01-22
Earnings (Next)03-23
Inst Owners93.1%
Inst Owner Change-1.8%
Ins Owners0.01%
Ins Owner Change15.43%
Market Cap16.94B
Revenue(TTM)6.84B
Net Income(TTM)789.40M
Analysts73.68
Price Target79.21 (25.49%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 3.13%
Yearly Dividend1.8
Dividend Growth(5Y)7.76%
DP61.19%
Div Incr Years34
Div Non Decr Years34
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)0.22%
Min EPS beat(2)-2.79%
Max EPS beat(2)3.22%
EPS beat(4)2
Avg EPS beat(4)-0.81%
Min EPS beat(4)-7.59%
Max EPS beat(4)3.93%
EPS beat(8)6
Avg EPS beat(8)5.69%
EPS beat(12)9
Avg EPS beat(12)5.7%
EPS beat(16)10
Avg EPS beat(16)1.01%
Revenue beat(2)0
Avg Revenue beat(2)-0.49%
Min Revenue beat(2)-0.68%
Max Revenue beat(2)-0.29%
Revenue beat(4)0
Avg Revenue beat(4)-0.82%
Min Revenue beat(4)-1.38%
Max Revenue beat(4)-0.29%
Revenue beat(8)2
Avg Revenue beat(8)-0.18%
Revenue beat(12)3
Avg Revenue beat(12)-0.61%
Revenue beat(16)4
Avg Revenue beat(16)-1.03%
PT rev (1m)0.09%
PT rev (3m)-0.46%
EPS NQ rev (1m)-4.14%
EPS NQ rev (3m)-4.35%
EPS NY rev (1m)0.93%
EPS NY rev (3m)1.08%
Revenue NQ rev (1m)4.02%
Revenue NQ rev (3m)3.96%
Revenue NY rev (1m)4.98%
Revenue NY rev (3m)5.03%
Valuation
Industry RankSector Rank
PE 21.04
Fwd PE 19.39
P/S 2.48
P/FCF 22.88
P/OCF 17.61
P/B 2.95
P/tB N/A
EV/EBITDA 15.03
EPS(TTM)3
EY4.75%
EPS(NY)3.26
Fwd EY5.16%
FCF(TTM)2.76
FCFY4.37%
OCF(TTM)3.59
OCFY5.68%
SpS25.49
BVpS21.37
TBVpS-10.65
PEG (NY)2.48
PEG (5Y)17.93
Graham Number37.98
Profitability
Industry RankSector Rank
ROA 5.98%
ROE 13.76%
ROCE 10.79%
ROIC 8.22%
ROICexc 8.3%
ROICexgc 47.27%
OM 15.99%
PM (TTM) 11.54%
GM 37.93%
FCFM 10.82%
ROA(3y)5.77%
ROA(5y)5.67%
ROE(3y)14.04%
ROE(5y)14.76%
ROIC(3y)8.07%
ROIC(5y)7.87%
ROICexc(3y)8.19%
ROICexc(5y)8.05%
ROICexgc(3y)58.51%
ROICexgc(5y)61.54%
ROCE(3y)10.59%
ROCE(5y)10.52%
ROICexgc growth 3Y10.5%
ROICexgc growth 5Y-5.05%
ROICexc growth 3Y6.62%
ROICexc growth 5Y-0.42%
OM growth 3Y3.45%
OM growth 5Y-2.54%
PM growth 3Y2.43%
PM growth 5Y-2.86%
GM growth 3Y1.93%
GM growth 5Y-1.58%
F-Score6
Asset Turnover0.52
Health
Industry RankSector Rank
Debt/Equity 0.61
Debt/FCF 5.4
Debt/EBITDA 2.63
Cap/Depr 95.89%
Cap/Sales 3.24%
Interest Coverage 5.67
Cash Conversion 72.6%
Profit Quality 93.79%
Current Ratio 0.7
Quick Ratio 0.28
Altman-Z 2.43
F-Score6
WACC7.84%
ROIC/WACC1.05
Cap/Depr(3y)119.99%
Cap/Depr(5y)127.96%
Cap/Sales(3y)3.76%
Cap/Sales(5y)3.96%
Profit Quality(3y)106.29%
Profit Quality(5y)89.77%
High Growth Momentum
Growth
EPS 1Y (TTM)1.69%
EPS 3Y5.84%
EPS 5Y1.17%
EPS Q2Q%7.5%
EPS Next Y8.5%
EPS Next 2Y8.97%
EPS Next 3Y7.92%
EPS Next 5Y9.24%
Revenue 1Y (TTM)1.73%
Revenue growth 3Y2.51%
Revenue growth 5Y4.08%
Sales Q2Q%2.91%
Revenue Next Year11.45%
Revenue Next 2Y7.56%
Revenue Next 3Y6.82%
Revenue Next 5Y3.33%
EBIT growth 1Y2.26%
EBIT growth 3Y6.04%
EBIT growth 5Y1.43%
EBIT Next Year38.36%
EBIT Next 3Y16.27%
EBIT Next 5Y11.33%
FCF growth 1Y14.44%
FCF growth 3Y23.88%
FCF growth 5Y-1.93%
OCF growth 1Y4.37%
OCF growth 3Y13.88%
OCF growth 5Y-1.57%

MCCORMICK & CO-NON VTG SHRS / MKC FAQ

What is the ChartMill fundamental rating of MCCORMICK & CO-NON VTG SHRS (MKC) stock?

ChartMill assigns a fundamental rating of 5 / 10 to MKC.


Can you provide the valuation status for MCCORMICK & CO-NON VTG SHRS?

ChartMill assigns a valuation rating of 4 / 10 to MCCORMICK & CO-NON VTG SHRS (MKC). This can be considered as Fairly Valued.


What is the profitability of MKC stock?

MCCORMICK & CO-NON VTG SHRS (MKC) has a profitability rating of 7 / 10.


What is the expected EPS growth for MCCORMICK & CO-NON VTG SHRS (MKC) stock?

The Earnings per Share (EPS) of MCCORMICK & CO-NON VTG SHRS (MKC) is expected to grow by 8.5% in the next year.


Can you provide the dividend sustainability for MKC stock?

The dividend rating of MCCORMICK & CO-NON VTG SHRS (MKC) is 7 / 10 and the dividend payout ratio is 61.19%.