McCormick & (MKC)
McCormick & Statistics
Share Statistics
McCormick & has 268.17M shares outstanding. The number of shares has increased by 0% in one year.
Shares Outstanding | 268.17M |
Shares Change (YoY) | 0% |
Shares Change (QoQ) | -0.09% |
Owned by Institutions (%) | 80.94% |
Shares Floating | 267.63M |
Failed to Deliver (FTD) Shares | 1.37K |
FTD / Avg. Volume | 0.05% |
Short Selling Information
The latest short interest is 4.99M, so 1.86% of the outstanding shares have been sold short.
Short Interest | 4.99M |
Short % of Shares Out | 1.86% |
Short % of Float | 1.86% |
Short Ratio (days to cover) | 2.8 |
Valuation Ratios
The PE ratio is 26.7 and the forward PE ratio is 23.04. McCormick &'s PEG ratio is 1.7.
PE Ratio | 26.7 |
Forward PE | 23.04 |
PS Ratio | 3.13 |
Forward PS | 2.8 |
PB Ratio | 3.98 |
P/FCF Ratio | 22.84 |
PEG Ratio | 1.7 |
Enterprise Valuation
McCormick & has an Enterprise Value (EV) of 21.83B.
EV / Earnings | 27.68 |
EV / Sales | 3.25 |
EV / EBITDA | 16.58 |
EV / EBIT | 20.58 |
EV / FCF | 23.67 |
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 |
Total Debt / Capitalization | 46.01 |
Cash Flow / Debt | 0.2 |
Interest Coverage | 5.06 |
Financial Efficiency
Return on equity (ROE) is 0.15% and return on capital (ROIC) is 8.58%.
Return on Equity (ROE) | 0.15% |
Return on Assets (ROA) | 0.06% |
Return on Capital (ROIC) | 8.58% |
Revenue Per Employee | $476,858.16 |
Profits Per Employee | $55,921.99 |
Employee Count | 14,100 |
Asset Turnover | 0.51 |
Inventory Turnover | 3.33 |
Taxes
Income Tax | 184M |
Effective Tax Rate | 0.2 |
Stock Price Statistics
The stock price has increased by 6.29% in the last 52 weeks. The beta is 0.71, so McCormick &'s price volatility has been higher than the market average.
Beta | 0.71 |
52-Week Price Change | 6.29% |
50-Day Moving Average | 78.98 |
200-Day Moving Average | 77.59 |
Relative Strength Index (RSI) | 54.43 |
Average Volume (20 Days) | 2.58M |
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 | 1.06B |
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 $1.71, which amounts to a dividend yield of 2.27%.
Dividend Per Share | $1.71 |
Dividend Yield | 2.27% |
Dividend Growth (YoY) | 7.69% |
Payout Ratio | 58.97% |
Earnings Yield | 3.6% |
FCF Yield | 4.21% |
Analyst Forecast
The average price target for MKC is $86.5, which is 6% higher than the current price. The consensus rating is "Hold".
Price Target | $86.5 |
Price Target Difference | 6% |
Analyst Consensus | Hold |
Analyst Count | 8 |
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 | 2.83 |
Piotroski F-Score | 7 |