McCormick & Statistics
Share Statistics
McCormick & has 268.41M shares outstanding. The number of shares has increased by 6.89% in one year.
| Shares Outstanding | 268.41M |
| Shares Change (YoY) | n/a |
| Shares Change (QoQ) | 0.16% |
| Owned by Institutions (%) | n/a |
| Shares Floating | 268.01M |
| Failed to Deliver (FTD) Shares | 7.79K |
| FTD / Avg. Volume | 0.43% |
Short Selling Information
The latest short interest is 4.95M, so 1.84% of the outstanding shares have been sold short.
| Short Interest | 4.95M |
| Short % of Shares Out | 1.84% |
| Short % of Float | 1.85% |
| Short Ratio (days to cover) | 2.36 |
Valuation Ratios
The PE ratio is 25.57 and the forward PE ratio is 24.55. McCormick &'s PEG ratio is 0.89.
| PE Ratio | 25.57 |
| Forward PE | 24.55 |
| PS Ratio | 2.61 |
| Forward PS | 3.1 |
| PB Ratio | 3.44 |
| P/FCF Ratio | 17.88 |
| PEG Ratio | 0.89 |
Enterprise Valuation
McCormick & has an Enterprise Value (EV) of 21.83B.
| EV / Earnings | 32.07 |
| EV / Sales | 3.28 |
| EV / EBITDA | 18.09 |
| EV / EBIT | 22.66 |
| EV / FCF | 22.42 |
Financial Position
The company has a current ratio of 0.65, with a Debt / Equity ratio of 0.85.
| Current Ratio | 0.65 |
| Quick Ratio | 0.28 |
| Debt / Equity | 0.85 |
| Total Debt / Capitalization | 45.99 |
| Cash Flow / Debt | 0.29 |
| Interest Coverage | 4.63 |
Financial Efficiency
Return on equity (ROE) is 0.13% and return on capital (ROIC) is 7.78%.
| Return on Equity (ROE) | 0.13% |
| Return on Assets (ROA) | 0.05% |
| Return on Capital (ROIC) | 7.78% |
| Revenue Per Employee | 482.77K |
| Profits Per Employee | 49.32K |
| Employee Count | 13.80K |
| Asset Turnover | 0.52 |
| Inventory Turnover | 3.69 |
Taxes
| Income Tax | 174.50M |
| Effective Tax Rate | 0.22 |
Stock Price Statistics
The stock price has increased by 20.62% in the last 52 weeks. The beta is 0.76, so McCormick &'s price volatility has been higher than the market average.
| Beta | 0.76 |
| 52-Week Price Change | 20.62% |
| 50-Day Moving Average | 78.43 |
| 200-Day Moving Average | 75.65 |
| Relative Strength Index (RSI) | 64.36 |
| Average Volume (20 Days) | 1.81M |
Income Statement
In the last 12 months, McCormick & had revenue of $6.66B and earned $680.60M in profits. Earnings per share was $2.54.
| Revenue | 6.66B |
| Gross Profit | 2.50B |
| Operating Income | 963.00M |
| Net Income | 680.60M |
| EBITDA | 1.21B |
| EBIT | 963.00M |
| Earnings Per Share (EPS) | 2.54 |
Balance Sheet
The company has $166.60M in cash and $4.59B in debt, giving a net cash position of -$4.42B.
| Cash & Cash Equivalents | 166.60M |
| Total Debt | 4.59B |
| Net Cash | -4.42B |
| Retained Earnings | 3.25B |
| Total Assets | 13.20B |
| Working Capital | -900.00M |
Cash Flow
In the last 12 months, operating cash flow was $1.24B and capital expenditures -$263.90M, giving a free cash flow of $973.40M.
| Operating Cash Flow | 1.24B |
| Capital Expenditures | -263.90M |
| Free Cash Flow | 973.40M |
| FCF Per Share | 3.63 |
Margins
Gross margin is 37.56%, with operating and profit margins of 14.45% and 10.22%.
| Gross Margin | 37.56% |
| Operating Margin | 14.45% |
| Pretax Margin | 11.99% |
| Profit Margin | 10.22% |
| EBITDA Margin | 18.11% |
| EBIT Margin | 14.45% |
| FCF Margin | 14.61% |
Dividends & Yields
MKC pays an annual dividend of $1.8, which amounts to a dividend yield of 2.21%.
| Dividend Per Share | $1.80 |
| Dividend Yield | 2.21% |
| Dividend Growth (YoY) | 7.14% |
| Payout Ratio | 61.22% |
| Earnings Yield | 3.15% |
| FCF Yield | 4.5% |
Analyst Forecast
The average price target for MKC is $85.5, which is 6% higher than the current price. The consensus rating is "Hold".
| Price Target | $85.5 |
| Price Target Difference | 6% |
| Analyst Consensus | Hold |
| Analyst Count | 9 |
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 | 2.77 |
| Piotroski F-Score | 8 |