NYSE: MKC
Consumer Defensive · Packaged Foods
Market Cap
$12.78B
52w High
$78.16
52w Low
$44.82
P/E
7.78
Volume
2.30M
Outstanding Shares
268.84M
Price vs Fundamentals
The stock fell 33.77% over the last year. Revenue grew 5.68% over the trailing twelve months. Operating margin moved from 15.64% to 15.51%. Free cash flow grew 31.12% over the trailing twelve months.
Visible fundamentals weakened far less than the stock price, and the shares now sit around the 0th percentile of their historical P/FCF range. That looks more like a rerating of the multiple than a collapse in the business.
This read changes if operating margin (currently 15.51%) continues to decline, or if revenue growth turns negative. The bull case requires the business to hold its current trajectory.
Company profile
McCormick & Company, Incorporated manufactures, markets, and distributes spices, seasoning mixes, condiments, and other flavorful products to the food industry.
Valuation
Stock splits
Every 1 shares became 2
Every 1 shares became 2
Every 1 shares became 2
Every 1 shares became 2
Every 1 shares became 2
Every 1 shares became 2
Profitability & growth
Analyst consensus
11
Buy
17
Hold
2
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
Jun 25, 2026
Q2 FY26 · EPS est $0.71 · Revenue est $1.91B
View
Dividends
$1.86/shareQuarterlyDividend Aristocrat · 27yrSafeMKC pays a dividend with a 3.91% dividend yield, 27 consecutive years of growth, growing at 7.58% annually, covered 1.5× by free cash flow.
Dividend Yield
3.91%
Annual Div / Share
$1.86
5yr CAGR
+7.58%
Doubles every ~9.5yr
Payout Ratio
22.89%
Safe
Dividend Growth Rate
3yr CAGR
+6.85%
5yr CAGR
+7.58%
10yr CAGR
+8.42%
Dividend History
Annual dividends paid per share
Income Projection
Today
$3/mo
In 5 yrs
$5/mo
In 10 yrs
$7/mo
| Today | In 5 yrs | In 10 yrs |
|---|---|---|
$39/yr $3/mo | $56/yr+44% $5/mo | $81/yr+108% $7/mo |
Yield-on-cost grows from 3.91% → 8.12% over 10yr
Analysis
Dividend Aristocrat
MKC has raised its dividend for 27 consecutive years — qualifying as a Dividend Aristocrat, demonstrating long-term commitment to shareholder income.
Well-covered by free cash flow
The dividend is covered 1.5× by free cash flow, indicating the company generates sufficient cash to sustain and potentially grow the payout without straining its finances.
Strong dividend growth rate
The 5-year CAGR of 7.58% meaningfully outpaces inflation, compounding real income growth for long-term holders.
No strong risk signal stands out from the latest period pair.