McCormick & Company is an American multinational food company that manufactures, markets, and distributes spices, seasoning mixes, condiments, and other flavoring products to retail outlets, food manufacturers, and foodservice businesses.
| Revenue (TTM) | $7.69B |
| Gross Profit (TTM) | $2.99B |
| EBITDA | $1.50B |
| Operating Margin | 17.80% |
| Return on Equity | 22.60% |
| Return on Assets | 5.25% |
| Revenue/Share (TTM) | $28.58 |
| Book Value | $26.03 |
| Price-to-Book | 1.89 |
| Price-to-Sales (TTM) | 1.62 |
| EV/Revenue | 3.352 |
| EV/EBITDA | 17.07 |
| Quarterly Earnings Growth (YoY) | -57.10% |
| Quarterly Revenue Growth (YoY) | 17.40% |
| Shares Outstanding | $254.54M |
| Float | $265.71M |
| % Insiders | 0.01% |
| % Institutions | 96.60% |
Volatility is currently contracting
Two beloved pantry brands sit on opposite ends of the stock chart right now, and that gap creates a surprising tension between which one looks better on paper and which one actually puts more cash in a retiree's pocket.
McCormick & Company remains a "Buy," supported by a BBB credit rating, robust Q3 2026 results, and a likely November dividend increase. MKC delivered double-digit net sales growth and a double earnings beat in Q3 2026, driven by the McCormick de Mexico acquisition and strategic pricing. The stock trades at a double-digit discount to a revised fair value of $54/share, offering 24% upside potential through November 2027.
The main criticism has long been McCormick's persistently high valuation, typically at the high end of the consumer discretionary range, creating a hurdle for value-conscious investors—but that hurdle is not present this year. Trading at approximately 15x its current-year earnings forecast, the stock is as cheap as it's going to get, and a robust recovery could lie ahead.
McCormick & Company, Incorporated (MKC) Q3 2026 Earnings Call Transcript
McCormick's Q3 earnings beat estimates as Mexico acquisition gains, organic growth and margin expansion lift sales and profitability.
McCormick & Company Inc (NYSE:MKC) beat estimates for third-quarter adjusted profit and sales on Thursday, helped by wider margins and the acquisition of McCormick de Mexico. The spice and flavor maker reported adjusted earnings of $0.86 per share, compared with estimates of $0.76.
McCormick & Company, Incorporated, reported strong headline Q3 growth driven mainly by acquisitions, with organic growth lagging at just 1.9%. Adjusted operating income margin improved to 17.7%, but MKC's operating margin declined sharply due to special charges tied to integration and cost actions. MKC reaffirmed FY26 guidance, but with most future sales growth reliant on recent acquisitions, organic growth and operational improvements remain modest.
While the top- and bottom-line numbers for McCormick (MKC) give a sense of how the business performed in the quarter ended August 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
McCormick & Company, Incorporated NYSE: MKC reported third-quarter sales growth, margin expansion and higher adjusted operating income, supported by its McCormick de Mexico acquisition, productivity initiatives and organic gains across its consumer and flavor solutions businesses.
McCormick (MKC) came out with quarterly earnings of $0.86 per share, beating the Zacks Consensus Estimate of $0.75 per share. This compares to earnings of $0.85 per share a year ago.
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