About mccormick & co. inc. - MKC
McCormick & Co., Inc. engages in the manufacturing, marketing, and distribution of spices, seasoning mixes, condiments, and other flavorful products to retail outlets, food manufacturers, and foodservice businesses. It operates through the Consumer and Flavor Solutions segments. The Consumer segment sells spices, seasonings, condiments, and sauces. The Flavor Solutions segment includes seasoning blends, spices and herbs, condiments, coating systems, and compound flavors. The company was founded by Willoughby M. McCormick in 1889 and is headquartered in Baltimore, MD.
MKC At a Glance
McCormick & Co., Inc.
24 Schilling Road
Baltimore, Maryland 21031
| Phone | 1-410-771-7301 | Revenue | 6.72B | |
| Industry | Food: Specialty/Candy | Net Income | 788.50M | |
| Sector | Consumer Non-Durables | 2024 Sales Growth | 0.923% | |
| Fiscal Year-end | 11 / 2025 | Employees | 14,100 | |
| View SEC Filings |
MKC Valuation
| P/E Current | 28.235 |
| P/E Ratio (with extraordinary items) | N/A |
| P/E Ratio (without extraordinary items) | 26.81 |
| Price to Sales Ratio | 3.144 |
| Price to Book Ratio | 3.972 |
| Price to Cash Flow Ratio | 22.93 |
| Enterprise Value to EBITDA | 20.003 |
| Enterprise Value to Sales | 3.799 |
| Total Debt to Enterprise Value | 0.179 |
MKC Efficiency
| Revenue/Employee | 476,858.156 |
| Income Per Employee | 55,921.986 |
| Receivables Turnover | 11.447 |
| Total Asset Turnover | 0.519 |
MKC Liquidity
| Current Ratio | 0.742 |
| Quick Ratio | 0.312 |
| Cash Ratio | 0.065 |
MKC Profitability
| Gross Margin | 38.512 |
| Operating Margin | 15.887 |
| Pretax Margin | 13.36 |
| Net Margin | 11.727 |
| Return on Assets | 6.081 |
| Return on Equity | 15.234 |
| Return on Total Capital | 8.001 |
| Return on Invested Capital | 8.944 |
MKC Capital Structure
| Total Debt to Total Equity | 86.263 |
| Total Debt to Total Capital | 46.313 |
| Total Debt to Total Assets | 34.92 |
| Long-Term Debt to Equity | 71.068 |
| Long-Term Debt to Total Capital | 38.154 |
Mccormick & Co. Inc. in the News
McCormick dropping certain food dyes under pressure from RFK Jr, US regulators
McCormick is working to reformulate products to remove certain ingredients like food dyes under fire from HHS Secretary Robert F. Kennedy Jr.