Is McCormick & Company (MKC) overvalued or fairly valued?

MarketChacha shows McCormick & Company's valuation in context — a trailing P/E of about 9.5, a forward P/E of about 16.8, a price-to-book of about 2.1 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

Does McCormick & Company's reported profit turn into cash?

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash. MarketChacha computes this cash-conversion check (1.38×) from reported figures — education, not a rating.

What is McCormick & Company's revenue?

McCormick & Company reported revenue of $6.8B for FY2025, with net profit of $789.4M, per official filings.

What is the share price of McCormick & Company (MKC)?

McCormick & Company last traded at $55.28 (+2.5% on the day), as of 8/18/2026 — a delayed quote shown for education, not investment advice.

McCormick & Company

MKC · NYSE · Consumer Staples · United States

Snapshot

TickerMKC

ExchangeNYSE

SectorConsumer Staples

IndustryPackaged Foods

CountryUnited States

Employees14,100

HeadquartersHunt Valley, United States

Websitewww.mccormickcorporation.com

Filings tracked20

About McCormick & Company

McCormick & Company, Incorporated manufactures, markets, and distributes herbs, spices, seasoning mixes, condiments, and other flavorful products to the food industry. It operates in two segments, Consumer and Flavor Solutions. The Consumer segment offers spices, herbs, and seasonings, as well as condiments, sauces, and desserts. This segment markets its products under the McCormick, French's, Frank's RedHot, Lawry's, Cholula Hot Sauce, Club House, Gourmet Garden, and OLD BAY brands in the Americas; Ducros, Schwartz, Kamis, LA Drogheria, and Vahiné brands in Europe, the Middle East, and Africa; and McCormick and DaQiao brands in the Asia/Pacific (APAC), as well as desserts under the Aeroplane brand; and packaged chilled herbs under the Gourmet Garden brand. Its authentic regional brands include Zatarain's, Stubb's, Thai Kitchen, and Simply Asia. The company also supplies its products under private labels. This segment serves retailers, including grocery, mass merchandise, warehouse clubs, discount and drug stores, and e-commerce retailers directly and indirectly through distributors and wholesale foodservice suppliers. The Flavor Solutions segment offers seasoning blends, spices, herbs, condiments, coating systems, and compound flavors to multinational food manufacturers and foodservice customers. It serves foodservice customers directly and indirectly through distributors. The company was founded in 1889 and is headquartered in Hunt Valley, Maryland.

Who owns it

Insiders0.0%
Institutions96.9%
Public & other3.1%

1,325 institutional holders

Ownership breakdown from public market data.

Top holders

Blackrock Inc.8.25%
Vanguard Capital Management LLC6.54%
State Farm Mutual Automobile Insurance Co6.50%
State Street Corporation6.03%
Vanguard Portfolio Management LLC5.45%
Aristotle Capital Management, LLC4.48%
Sanders Capital, LLC3.19%
Boston Partners2.85%

Largest institutional holders — last updated 6/30/2026.

Forensic scorecard

No major accounting red flags in the fundamentals we have — profit is backed by cash and returns look healthy.

Cash conversion1.38×

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash.

Net margin trend10.2% → 11.5%

Margin has expanded by about 1.3 points — the business is getting more profitable.

Growth qualityrev 1% · PAT 8%

Profit growth is broadly tracking revenue growth — the earnings trend looks operational rather than one-off.

Computed by MarketChacha from reported figures (SEC XBRL). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev $2.1B · EPS 0.88

Est. earnings growth +2.6%

Next fiscal year

Rev $8.2B · EPS 3.30

Est. earnings growth +6.8%

Analyst consensus estimates — not the company's own guidance.

New to these terms?

P/E ROE ROCE Margins Market cap

Browse the Learn hub →

Financials at a glance

Source: SEC XBRL

Annual

Quarterly · last 8

Revenue (FY2025)

$6.8B

Net margin

11.5%

ROE

13.8%

Revenue CAGR (2y)

+1.3%

Profit CAGR (2y)

+7.7%

EPS (FY2025)

2.93

Net profit (FY2025)

$789.4M

Ask MarketChacha about MKC

Get a cited, plain-English answer — the “why”, not just data. Finance research only, never buy/sell advice.

Financials

Yearly

Period	Revenue	Net profit	EPS	Net margin	ROE
FY2025	$6.8B	$789.4M	2.93	11.5%	13.8%
FY2024	$6.7B	$788.5M	2.92	11.7%	14.9%
FY2023	$6.7B	$680.6M	2.52	10.2%	13.4%

Quarterly

Period	Revenue	Net profit	EPS	Net margin
2026Q2	$1.9B	$150.1M	0.56	7.8%
2026Q1	$1.9B	$1.0B	3.77	54.2%
2025Q3	$1.7B	$225.5M	0.84	13.1%
2025Q2	$1.7B	$175.0M	0.65	10.5%
2025Q1	$1.6B	$162.3M	0.60	10.1%
2024Q3	$1.7B	$223.1M	0.83	13.3%
2024Q2	$1.6B	$184.2M	0.68	11.2%
2024Q1	$1.6B	$166.0M	0.62	10.4%
2023Q3	$1.7B	$170.1M	0.63	10.1%
2023Q2	$1.7B	$152.1M	0.56	9.2%
2023Q1	$1.6B	$139.1M	0.52	8.9%

Figures as reported, in reporting currency. Source: SEC XBRL.

Filings & announcements

2026

8-K — Results of operations, Exhibits
SEC6/25/2026material
10-Q filing
SEC6/25/2026
8-K — Executive/director change, Exhibits
SEC5/26/2026material
8-K — Material agreement, Material financial obligation, Other events, Exhibits
SEC5/1/2026material
8-K — Executive/director change
SEC4/17/2026material
8-K/A — Material agreement, Exhibits
SEC4/6/2026
8-K — Shareholder vote results
SEC4/3/2026material
8-K — Material agreement, Reg FD disclosure, Exhibits
SEC4/1/2026material
8-K — Results of operations, Exhibits
SEC3/31/2026material
10-Q filing
SEC3/31/2026
8-K — Other events, Exhibits
SEC3/26/2026material
8-K — Executive/director change
SEC3/18/2026material
8-K — Other events, Exhibits
SEC2/5/2026material
8-K — Results of operations, Exhibits
SEC1/22/2026material
10-K filing
SEC1/22/2026
8-K — Executive/director change, Exhibits
SEC1/21/2026material
8-K — Reg FD disclosure, Exhibits
SEC1/2/2026material

2025

8-K — Results of operations, Exhibits
SEC10/7/2025material
10-Q filing
SEC10/7/2025
8-K — Reg FD disclosure, Exhibits
SEC8/21/2025material

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed market data) are delayed and shown for reference only. Verify with the linked sources before acting.