McCormick & Company (MKC)

$

9
8
7
6
5
4
3
2
1
0
0
9
8
7
6
5
4
3
2
1
0
0
.
9
8
7
6
5
4
3
2
1
0
0
+$1.14 (+1.46%)Past Day

About

In its 135-year history, McCormick has grown to become the leading global manufacturer, marketer, and distributor of spices, herbs, extracts, seasonings, and other flavorings. Beyond consumers, McCormick's customer base also includes top quick-service restaurants, retail grocery chains, and other packaged food and beverage manufacturers. And its reach is extensive, with nearly 40% of sales generated beyond its home turf to include 150 other countries and territories. In addition to its namesake brand, the firm's portfolio includes Old Bay, Zatarain's, Thai Kitchen, Frank's RedHot, French's, and Cholula, among others.

Key Insights

  • Share Price

    $79.27
  • Market Cap

    $21.27 Billion
  • Total Outstanding Shares

    252.19 Million Shares
  • Total Employees

    13,800
  • Dividend

    $0.42 Per Share Quarterly
  • IPO Date

    March 11, 1987
  • SIC Description

    Miscellaneous Food Preparations & Kindred Products
  • Homepage

    https://www.mccormickcorporation.com

Historical Stock Splits

If you bought 1 share of MKC before December 1, 2020, you'd have 2 shares today.
Execution DateSplit Amount
December 1, 20202-for-1

Cash Flow Statement

June 1, 2023 to May 31, 2024
MetricValue
Net Cash Flow From Operating Activities, Continuing$1.14 Billion
Net Cash Flow From Operating Activities$1.14 Billion
Net Cash Flow From Investing Activities$-274.50 Million
Net Cash Flow$38.90 Million
Net Cash Flow From Investing Activities, Continuing$-274.50 Million
Net Cash Flow From Financing Activities, Continuing$-838.30 Million
Exchange Gains/Losses$7.10 Million
Net Cash Flow, Continuing$31.80 Million
Net Cash Flow From Financing Activities$-838.30 Million

Income Statement

June 1, 2023 to May 31, 2024
MetricValue
Diluted Average Shares$809.40 Million
Basic Earnings Per Share$2.75
Net Income/Loss Attributable To Parent$739.60 Million
Cost Of Revenue$4.14 Billion
Income/Loss From Continuing Operations After Tax$669.40 Million
Income/Loss From Equity Method Investments$70.20 Million
Net Income/Loss Available To Common Stockholders, Basic$739.60 Million
Diluted Earnings Per Share$2.74
Selling, General, and Administrative Expenses$1.51 Billion
Participating Securities, Distributed And Undistributed Earnings/Loss, Basic$0.00
Net Income/Loss Attributable To Noncontrolling Interest$-4.40 Million
Preferred Stock Dividends And Other Adjustments$0.00
Operating Expenses$1.53 Billion
Operating Income/Loss$1.01 Billion
Income/Loss Before Equity Method Investments$845.00 Million
Income/Loss From Continuing Operations Before Tax$845.00 Million
Income Tax Expense/Benefit$175.60 Million
Net Income/Loss$735.20 Million
Basic Average Shares$805.40 Million
Benefits Costs and Expenses$5.84 Billion
Revenues$6.68 Billion
Costs And Expenses$5.84 Billion
Interest Expense, Operating$208.60 Million
Gross Profit$2.54 Billion

Balance Sheet

June 1, 2023 to May 31, 2024
MetricValue
Noncurrent Assets$10.92 Billion
Liabilities And Equity$12.99 Billion
Other Non-current Assets$6.21 Billion
Current Liabilities$2.98 Billion
Long-term Debt$4.11 Billion
Equity$5.35 Billion
Noncurrent Liabilities$4.65 Billion
Other Non-current Liabilities$536.70 Million
Fixed Assets$1.37 Billion
Liabilities$7.63 Billion
Equity Attributable To Parent$5.33 Billion
Current Assets$2.07 Billion
Intangible Assets$3.34 Billion
Assets$12.99 Billion
Equity Attributable To Noncontrolling Interest$26.80 Million

Historical Dividends

Current dividend: $0.42 Per Share Quarterly
Announcement DatePayment DateRecord DateAmountFrequency
Sep 24, 2024Oct 21, 2024Oct 7, 2024$0.42Quarterly
Jun 25, 2024Jul 22, 2024Jul 8, 2024$0.42Quarterly
Mar 27, 2024Apr 22, 2024Apr 8, 2024$0.42Quarterly
Nov 28, 2023Jan 8, 2024Dec 29, 2023$0.42Quarterly
Sep 28, 2023Oct 24, 2023Oct 10, 2023$0.39Quarterly
Jun 27, 2023Jul 24, 2023Jul 10, 2023$0.39Quarterly
Mar 29, 2023Apr 24, 2023Apr 10, 2023$0.39Quarterly
Nov 29, 2022Jan 9, 2023Dec 30, 2022$0.39Quarterly
Sep 29, 2022Oct 25, 2022Oct 11, 2022$0.37Quarterly
Jun 28, 2022Jul 25, 2022Jul 11, 2022$0.37Quarterly
Mar 30, 2022Apr 25, 2022Apr 11, 2022$0.37Quarterly
Nov 30, 2021Jan 10, 2022Dec 31, 2021$0.37Quarterly
Sep 28, 2021Oct 26, 2021Oct 12, 2021$0.34Quarterly
Jun 29, 2021Jul 26, 2021Jul 12, 2021$0.34Quarterly
Mar 31, 2021Apr 26, 2021Apr 12, 2021$0.34Quarterly
Nov 20, 2020Jan 11, 2021Dec 31, 2020$0.34Quarterly
Sep 22, 2020Oct 19, 2020Oct 5, 2020$0.62Quarterly
Jun 23, 2020Jul 20, 2020Jul 6, 2020$0.62Quarterly
Nov 26, 2019Jan 13, 2020Dec 31, 2019$0.62Quarterly
Sep 24, 2019Oct 21, 2019Oct 7, 2019$0.57Quarterly
Jun 25, 2019Jul 22, 2019Jul 8, 2019$0.57Quarterly
Mar 27, 2019Apr 22, 2019Apr 8, 2019$0.57Quarterly
Nov 27, 2018Jan 14, 2019Dec 31, 2018$0.57Quarterly
Sep 25, 2018Oct 23, 2018Oct 9, 2018$0.52Quarterly
Jun 26, 2018Jul 23, 2018Jul 9, 2018$0.52Quarterly
Mar 28, 2018Apr 23, 2018Apr 9, 2018$0.52Quarterly
Nov 28, 2017Jan 16, 2018Dec 29, 2017$0.52Quarterly
Sep 26, 2017Oct 24, 2017Oct 10, 2017$0.47Quarterly
Jun 27, 2017Jul 24, 2017Jul 10, 2017$0.47Quarterly
Mar 29, 2017Apr 24, 2017Apr 10, 2017$0.47Quarterly
Nov 29, 2016Jan 17, 2017Dec 30, 2016$0.47Quarterly
Sep 27, 2016Oct 25, 2016Oct 11, 2016$0.43Quarterly
Jun 28, 2016Jul 25, 2016Jul 11, 2016$0.43Quarterly
Mar 30, 2016Apr 25, 2016Apr 11, 2016$0.43Quarterly
Nov 24, 2015Jan 15, 2016Dec 31, 2015$0.43Quarterly
Sep 29, 2015Oct 27, 2015Oct 13, 2015$0.4Quarterly
Jun 30, 2015Jul 27, 2015Jul 13, 2015$0.4Quarterly
Mar 25, 2015Apr 20, 2015Apr 6, 2015$0.4Quarterly
Nov 25, 2014Jan 14, 2015Dec 31, 2014$0.4Quarterly
Sep 30, 2014Oct 27, 2014Oct 13, 2014$0.37Quarterly
Jun 25, 2014Jul 21, 2014Jul 7, 2014$0.37Quarterly
Mar 26, 2014Apr 21, 2014Apr 7, 2014$0.37Quarterly
Nov 26, 2013Jan 14, 2014Dec 31, 2013$0.37Quarterly
Sep 24, 2013Oct 21, 2013Oct 7, 2013$0.34Quarterly
Jun 26, 2013Jul 22, 2013Jul 8, 2013$0.34Quarterly
Apr 3, 2013Apr 29, 2013Apr 15, 2013$0.34Quarterly
Nov 27, 2012Jan 14, 2013Dec 31, 2012$0.34Quarterly
Boost your savings and earn 4.35% APY with a Marcus by Goldman Sachs savings account, a rate that's 8x the national averagewhen signing up with Financhle. No fees, no minimum deposits, backed by the financial expertise of Goldman Sachs. Terms apply.