McCormick & (MKC)
McCormick & Statistics
Share Statistics
McCormick & has 268.2M shares outstanding. The number of shares has increased by -0.01% in one year.
| Shares Outstanding | 268.2M |
| Shares Change (YoY) | -0.01% |
| Shares Change (QoQ) | -0.08% |
| Owned by Institutions (%) | 80.99% |
| Shares Floating | 267.65M |
| Failed to Deliver (FTD) Shares | 22 |
| FTD / Avg. Volume | < 0.01% |
Short Selling Information
The latest short interest is -, so null% of the outstanding shares have been sold short.
| Short Interest | - |
| Short % of Shares Out | null% |
| Short % of Float | null% |
| Short Ratio (days to cover) | null |
Valuation Ratios
The PE ratio is 26.7 and the forward PE ratio is 22.16. McCormick &'s PEG ratio is 1.7.
| PE Ratio | 26.7 |
| Forward PE | 22.16 |
| PS Ratio | 3.13 |
| Forward PS | 2.6 |
| PB Ratio | 3.98 |
| P/FCF Ratio | 22.84 |
| PEG Ratio | 1.7 |
Enterprise Valuation
McCormick & has an Enterprise Value (EV) of 25.38B.
| EV / Sales | 3.77 |
| EV / EBITDA | 19.27 |
| EV / EBIT | 27.53 |
| EV / FCF | 27.53 |
Financial Position
The company has a current ratio of 0.74, with a Debt / Equity ratio of 0.85.
| Current Ratio | 0.74 |
| Quick Ratio | 0.31 |
| Debt / Equity | 0.85 |
| Debt / EBITDA | 3.42 |
| Debt / FCF | 4.89 |
| Interest Coverage | 5.06 |
Financial Efficiency
Return on Equity is 14.9% and Return on Invested Capital is 7.71%.
| Return on Equity | 14.9% |
| Return on Assets | 6.03% |
| Return on Invested Capital | 7.71% |
| Revenue Per Employee | $476.86K |
| Profits Per Employee | $55.92K |
| Employee Count | 14,100 |
| Asset Turnover | 0.51 |
| Inventory Turnover | 3.33 |
Taxes
| Income Tax | 184M |
| Effective Tax Rate | 20.48% |
Stock Price Statistics
The stock price has increased by 3.58% in the last 52 weeks. The beta is 0.75, so McCormick &'s price volatility has been higher than the market average.
| Beta | 0.75 |
| 52-Week Price Change | 3.58% |
| 50-Day Moving Average | 79.52 |
| 200-Day Moving Average | 78.22 |
| Relative Strength Index (RSI) | 42.63 |
| Average Volume (20 Days) | 2.77M |
Income Statement
In the last 12 months, McCormick & had revenue of 6.72B and earned 788.5M in profits. Earnings per share was 2.94.
| Revenue | 6.72B |
| Gross Profit | 2.59B |
| Operating Income | 1.06B |
| Net Income | 788.5M |
| EBITDA | 1.32B |
| EBIT | 1.11B |
| Earnings Per Share (EPS) | 2.94 |
Balance Sheet
The company has 186.1M in cash and 4.51B in debt, giving a net cash position of -4.32B.
| Cash & Cash Equivalents | 186.1M |
| Total Debt | 4.51B |
| Net Cash | -4.32B |
| Retained Earnings | 3.54B |
| Total Assets | 12.9B |
| Working Capital | -1.09B |
Cash Flow
In the last 12 months, operating cash flow was 921.9M and capital expenditures 0, giving a free cash flow of 921.9M.
| Operating Cash Flow | 921.9M |
| Capital Expenditures | 0 |
| Free Cash Flow | 921.9M |
| FCF Per Share | 3.43 |
Margins
Gross margin is 38.54%, with operating and profit margins of 15.77% and 11.73%.
| Gross Margin | 38.54% |
| Operating Margin | 15.77% |
| Pretax Margin | 13.36% |
| Profit Margin | 11.73% |
| EBITDA Margin | 19.58% |
| EBIT Margin | 15.77% |
| FCF Margin | 13.71% |
Dividends & Yields
MKC pays an annual dividend of $2.16, which amounts to a dividend yield of 2.35%.
| Dividend Per Share | $2.16 |
| Dividend Yield | 2.35% |
| Dividend Growth (YoY) | 7.14% |
| Payout Ratio | 74.48% |
| Earnings Yield | 3.75% |
| FCF Yield | 4.38% |
Analyst Forecast
The average price target for MKC is $85, which is 12.9% higher than the current price. The consensus rating is "Hold".
| Price Target | $85 |
| Price Target Difference | 12.9% |
| Analyst Consensus | Hold |
| Analyst Count | 7 |
Stock Splits
The last stock split was on Dec 1, 2020. It was a forward split with a ratio of 2:1.
| Last Split Date | Dec 1, 2020 |
| Split Type | forward |
| Split Ratio | 2:1 |
Scores
| Altman Z-Score | 2.78 |
| Piotroski F-Score | 7 |