McCormick & (MKC)
McCormick & Statistics
Share Statistics
McCormick & has 268.16M shares outstanding. The number of shares has increased by 0% in one year.
| Shares Outstanding | 268.16M |
| Shares Change (YoY) | 0% |
| Shares Change (QoQ) | -0.09% |
| Owned by Institutions (%) | 79.05% |
| Shares Floating | 267.51M |
| Failed to Deliver (FTD) Shares | 12 |
| FTD / Avg. Volume | < 0.01% |
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 | 2.7 |
| 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 0.82.
| Current Ratio | 0.74 |
| Quick Ratio | 0.31 |
| Debt / Equity | 0.82 |
| Total Debt / Capitalization | 45.07 |
| Cash Flow / Debt | 0.21 |
| Interest Coverage | 5.06 |
Financial Efficiency
Return on equity (ROE) is 0.15% and return on capital (ROIC) is 8.73%.
| Return on Equity (ROE) | 0.15% |
| Return on Assets (ROA) | 0.06% |
| Return on Capital (ROIC) | 8.73% |
| Revenue Per Employee | 476.86K |
| Profits Per Employee | 55.92K |
| Employee Count | 14.10K |
| Asset Turnover | 0.51 |
| Inventory Turnover | 3.33 |
Taxes
| Income Tax | 184.00M |
| Effective Tax Rate | 0.2 |
Stock Price Statistics
The stock price has increased by 17.34% 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 | 17.34% |
| 50-Day Moving Average | 76.76 |
| 200-Day Moving Average | 76.5 |
| Relative Strength Index (RSI) | 58.5 |
| Average Volume (20 Days) | 1.85M |
Income Statement
In the last 12 months, McCormick & had revenue of 6.72B and earned 788.50M in profits. Earnings per share was 2.94.
| Revenue | 6.72B |
| Gross Profit | 2.59B |
| Operating Income | 1.06B |
| Net Income | 788.50M |
| EBITDA | 1.32B |
| EBIT | 1.06B |
| Earnings Per Share (EPS) | 2.94 |
Balance Sheet
The company has 186.10M in cash and 4.34B in debt, giving a net cash position of -4.16B.
| Cash & Cash Equivalents | 186.10M |
| Total Debt | 4.34B |
| Net Cash | -4.16B |
| Retained Earnings | 3.54B |
| Total Assets | 13.07B |
| Working Capital | -743.80M |
Cash Flow
In the last 12 months, operating cash flow was 921.90M and capital expenditures 0, giving a free cash flow of 921.90M.
| Operating Cash Flow | 921.90M |
| Capital Expenditures | 0 |
| Free Cash Flow | 921.90M |
| 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 $1.8, which amounts to a dividend yield of 2.29%.
| Dividend Per Share | $1.80 |
| Dividend Yield | 2.29% |
| Dividend Growth (YoY) | 7.14% |
| Payout Ratio | 61.64% |
| Earnings Yield | 3.71% |
| FCF Yield | 4.34% |
Analyst Forecast
The average price target for MKC is $86.5, which is 9.2% higher than the current price. The consensus rating is "Hold".
| Price Target | $86.5 |
| Price Target Difference | 9.2% |
| 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 | 2.69 |
| Piotroski F-Score | 7 |