Stocks · Consumer Defensive · Packaged Foods

McCormick & Company, Incorporated MKC-V

$46.66 +0.95% Close, Oct 5, 2026 · NYSE · Market cap $12.42B

Strong growth

Next earnings report: Jan 28, 2027

Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.

Three things to know

  1. Diluted EPS over the last four quarters was $5.53, up 91.3% year over year.
  2. The shares trade at 8.4× trailing earnings, lower than 86% of the company's own readings over the past five years.
  3. The stock is in a downtrend: below its 200-day average, with the 50-day average below the 200-day.

PromtFinance scores

Each score is a percentile within the Consumer Defensive sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 6, 2026.

Growth88Strong

How fast revenue, earnings and cash flow are growing.

  • Revenue growth (TTM, YoY)Top 17%
  • EPS growth (TTM, YoY)Top 9%
  • FCF growth (TTM, YoY)Bottom 46%
  • Revenue growth, 3-year CAGRBottom 49%
  • Revenue growth accelerationTop 17%
Quality34Weak

Returns on capital, margins, earnings quality and balance-sheet strength.

  • Return on invested capitalTop 50%
  • Gross marginTop 39%
  • Operating marginTop 17%
  • Cash conversion (OCF / net income)Bottom 7%
  • Accruals (lower is better)Bottom 4%
  • Net debt / EBITDA (lower is better)Bottom 39%
  • Interest coverTop 48%
Value78Positive

How cheap the shares are relative to earnings, cash flow and their own history.

  • Earnings yieldTop 3%
  • Free-cash-flow yieldTop 27%
  • EBITDA / enterprise valueTop 40%
  • Sales / enterprise valueBottom 28%
  • P/E vs own 5-year history (lower is better)Top 27%
Momentum33Weak

Strength and persistence of the price trend, including versus the S&P 500.

  • 12-month return excluding last monthBottom 29%
  • 6-month returnTop 50%
  • 1-year return vs S&P 500Bottom 28%
  • Distance from 52-week highBottom 36%
  • Trend checklist (0–4)Bottom 22%
Revisions55Neutral

Earnings surprises and analyst sentiment (estimate-revision history is being collected).

  • Average EPS surprise, last 4 quartersTop 48%
  • Consecutive EPS beatsTop 34%
  • Share of analysts rating BuyBottom 7%
  • Upside to consensus price targetTop 12%
Stability49Neutral

Low volatility, shallow drawdowns, low market sensitivity and modest leverage.

  • Volatility, 60 days (lower is better)Bottom 47%
  • Maximum drawdown, 3 yearsTop 43%
  • Beta vs S&P 500 (lower is better)Top 33%
  • Net debt / EBITDA (lower is better)Bottom 39%

What changed

Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).

MeasureBeforeNow
Revenue growth (YoY)9.5%13.2%↑
EPS growth (YoY)108.7%91.3%↓
Gross margin38.2%39.1%↑
Operating margin15.7%16.7%↑
FCF margin15.7%14.7%↓

Fundamental momentum

MeasureNow (TTM)Year / quarter beforeSector rank
Revenue growth (TTM, YoY)13.2%9.5%↑Top 17%
EPS growth (TTM, YoY)91.3%108.7%↓Top 9%
Gross margin39.1%38.2%↑Top 39%
Operating margin16.7%15.7%↑Top 17%
Net margin19.5%11.5%↑—
Free-cash-flow margin14.7%15.7%↓—
Return on invested capital6.5%—Top 50%
Revenue growth, 3-year CAGR2.5%—Bottom 49%

Quality of earnings and balance sheet

Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
0.76×
Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
2.1%
Stock-based compensation / revenueA cost to shareholders through dilution.
0.6%
Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
+11.1 pp
Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
2.66×
Interest cover (operating income / interest)How many times operating profit covers interest.
6.1×

Shareholder returns

Dividend yield (dividends paid, TTM)
4.26%
Net buyback yield (TTM)
-0.37%
Shareholder yield
3.88%
Share count change, 1 year
+0.0%
Share count change, 3-year CAGR
-0.1%

Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.

Based on the four quarters through Aug 31, 2026 (filed Oct 1, 2026).

Earnings and expectations

Earnings momentum

Consecutive EPS beats
3
Beats in the last 8 reports
5 of 8
Average EPS surprise, last 4
+9.7%
Average 2-day reaction, last 8
-1.6%
Positive 20 days after report
3 of 7

Analysts

Consensus price target
$86.33
Target vs current price
+85.0%
Analysts with a rating
21
Share rating Buy or Strong Buy
14%
Consensus rating
Hold

How the stock reacted to recent reports

Report dateEPS surprise2 days5 days20 days60 days
Oct 1, 2026+13.9%-4.6%———
Jun 25, 2026+15.6%+1.5%+7.6%+3.7%+2.5%
Mar 31, 2026+11.1%-7.0%-5.1%-6.0%-9.8%
Jan 22, 2026-1.8%-6.9%-6.9%+4.6%-18.1%
Oct 7, 2025+1.0%-2.3%-4.4%-7.1%-0.2%
Jun 26, 2025+0.0%+5.8%+3.1%-2.4%-10.4%
Mar 25, 2025-6.1%-0.4%+2.1%-6.5%-9.9%
Jan 23, 2025+3.8%+1.4%+4.4%+7.1%+1.9%

Returns from the close before each report. Past reactions do not determine future ones.

Earnings history

Report dateEPSEstimateSurpriseRevenue
Oct 1, 2026$0.86$0.76+13.9%$2.02B
Jun 25, 2026$0.80$0.69+15.6%$1.94B
Mar 31, 2026$0.66$0.59+11.1%$1.87B
Jan 22, 2026$0.86$0.88-1.8%$1.85B
Oct 7, 2025$0.84$0.83+1.0%$1.72B
Jun 26, 2025$0.65$0.65+0.0%$1.66B
Mar 25, 2025$0.60$0.64-6.1%$1.61B
Jan 23, 2025$0.80$0.77+3.8%$1.80B

Valuation in context

MultipleNow5-year median5-year percentileSector rank (cheapness)
P/E (trailing)8.4×28.7×14thTop 3%
P/E (forward)15.1×———
EV / EBITDA11.1×——Top 40%
EV / Sales2.13×——Bottom 28%
Free-cash-flow yield9.12%——Top 27%
Earnings yield11.85%——Top 3%

P/E over the past five years

Range 8.1× – 35.5× since Aug 31, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.

What moved the stock over the past year

Price return, 1 year
-31.2%
Earnings per share growth (TTM)
+91.3%
Change in P/E multiple
-64.1%

Most of the move came from a change in the valuation multiple.

Technical state

Trend checklist

  • ✗ Price above 20-day average
  • ✗ Price above 50-day average
  • ✗ Price above 200-day average
  • ✗ 50-day average above 200-day
  • ✗ MACD histogram positive

Trend quality

Days above the 50-day average
0
Days above the 200-day average
0
50-day average slope (20 days)
-0.6%
200-day average slope (20 days)
-2.6%
Distance from 50-day average
-10.9%
Distance from 200-day average
-16.0%
RSI (14)
35.1
Relative volume
0.51×

Risk and drawdowns

Volatility, 60 days (annualized)
36.7%
Volatility vs own 5-year history
93th percentile · High for this stock
Beta vs S&P 500 (2 years, weekly)
0.26
Correlation with S&P 500
0.13
Current drawdown from 1-year high
-35.2%
Maximum drawdown, 3 years
-46.2%

Largest declines in the past six years

From peakTo lowDeclineLengthRecovery
Apr 21, 2022May 13, 2026-56.5%1018 daysNot yet recovered
Oct 13, 2020Oct 12, 2021-23.7%251 days79 days (Feb 3, 2022)

Declines of 10% or more from a closing high, measured on daily closes.

Financial statements

Market cap
$12.42B
P/E (TTM)
8.4
EPS, diluted (TTM)
$5.53
Revenue (TTM)
$7.69B
Dividend yield
5.08%
52-week range
$44.30 – $72.14
FY 2021FY 2022FY 2023FY 2024FY 2025
Revenue$6.32B$6.35B$6.66B$6.72B$6.84B
Gross profit$2.49B$2.27B$2.50B$2.59B$2.59B
Operating income$1.02B$863.6M$963.0M$1.06B$1.09B
Net income$755.3M$682.0M$680.6M$788.5M$789.4M
EPS (diluted)$2.80$2.52$2.52$2.92$2.93
Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026Q3 2026
Revenue$1.80B$1.61B$1.66B$1.72B$1.85B$1.87B$1.94B$2.02B
Net income$215.2M$162.3M$175.0M$225.5M$226.6M$1.02B$150.1M$97.6M
EPS (diluted)$0.80$0.60$0.65$0.84$0.84$3.77$0.56$0.36
FY 2021FY 2022FY 2023FY 2024FY 2025
Operating cash flow$828.3M$651.5M$1.24B$921.9M$962.2M
Capital expenditure-$278.0M-$262.0M-$263.9M-$274.9M-$221.8M
Free cash flow$550.3M$389.5M$973.4M$647.0M$740.4M
Dividends paid-$363.3M-$396.7M-$418.5M-$66.8M-$483.0M
Net share buybacks-$8.6M-$38.8M-$35.7M-$53.1M-$13.9M

Cash outflows are shown as negative numbers.

Cash and short-term investments
$331.1M
Total assets
$16.65B
Total liabilities
$9.06B
Total debt
$4.25B
Net debt
$3.92B
Shareholders’ equity
$7.00B

As of Aug 31, 2026 (filed Oct 1, 2026).

Dividends

Ex-dateAmountPaid
Oct 13, 2026$0.48Oct 26, 2026
Jul 6, 2026$0.48Jul 20, 2026
Apr 20, 2026$0.48Apr 27, 2026
Dec 29, 2025$0.48Jan 12, 2026
Oct 14, 2025$0.45Oct 27, 2025
Jul 7, 2025$0.45Jul 21, 2025
Apr 7, 2025$0.45Apr 21, 2025
Dec 30, 2024$0.45Jan 13, 2025

Stock splits

Dec 1, 2020
2-for-1
Apr 10, 2002
2-for-1