McCormick & Company (MKC)
What the price implies
A reverse DCF: instead of guessing a fair value, it asks what growth today's price already assumes. How it works.
At a market value of $12.6B, McCormick & Company's free cash flow of $740M (fiscal 2025) would need to grow about 3% a year for the stock to be worth today's price. That is close to what the company has delivered over the last 9 years.
Assumes a 9% discount rate and 3% growth after year 10, on free cash flow (operating cash flow minus capital spending) from McCormick & Company's SEC filings. Change any assumption, or model revenue and margins instead, in the Modeling tab, or try your own numbers in the reverse DCF calculator.
Fundamental grade
Five factors scored 1 to 9 from MKC's latest numbers, weighted into one grade. It describes the business, not whether the stock is a buy.
Key numbers
Results from SEC filings
Fiscal years, from McCormick & Company's 10-K filings. The deep dive has 15+ years, quarters and every line.
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $6.3B | $6.4B | $6.7B | $6.7B | $6.8B |
| Net income | $755M | $682M | $681M | $788M | $789M |
| Free cash flow | $550M | $390M | $973M | $647M | $740M |
| EPS (diluted) | $2.80 | $2.52 | $2.52 | $2.92 | $2.93 |
| Operating margin | 16.1% | 13.6% | 14.5% | 15.8% | 15.7% |
Where the revenue comes from
Revenue by segments, fiscal 2025.
Superinvestors who own MKC
From each investor's latest 13F filing (what a 13F shows). 2 of the investors we track hold it.
| Investor | Last quarter | Value | % of portfolio | Quarter |
|---|---|---|---|---|
| Cliff Asness AQR Capital Management |
Added | $231M | 0.08% | Q2 2026 |
| Joel Greenblatt Gotham Asset Management |
Added | $55M | 0.13% | Q2 2026 |
Insider buying
Open-market purchases by McCormick & Company's executives and directors in the last 12 months, from SEC Form 4 filings. What insider buying tells you.
| Date | Insider | Shares | Price | Value |
|---|---|---|---|---|
| Oct 2, 2026 | Gavin Hattersley Director |
1,000 | $44.61 | $44,610 |
| Apr 10, 2026 | Gavin Hattersley Director |
2,000 | $52.98 | $105,960 |
| Jan 29, 2026 | Ro Khanna |
0 | $61.33 | — |
| Jan 29, 2026 | Ro Khanna |
0 | $61.33 | — |
Get an alert at your buy price
Pick the price you'd be interested at. We'll email you when MKC trades at or below it.
Free accounts get 3 price alerts. No card needed.
In the full deep dive
Questions
What growth does McCormick & Company's stock price imply?
At a market value of $12.6B, McCormick & Company would need its free cash flow to grow about 3% a year for 10 years (discounted at 9%, 3% growth after that) to be worth today's price. Over the last 9 years its free cash flow grew 4% a year.
Are McCormick & Company insiders buying the stock?
4 open-market insider purchases of MKC in the last 12 months, from SEC Form 4 filings.
Which superinvestors own McCormick & Company?
2 of the superinvestors Investingly tracks hold MKC in their latest 13F, including Cliff Asness, Joel Greenblatt.
Prices and ratios as of Oct 7, 2026; statements from SEC filings. Information only, not investment advice. Superinvestor holdings come from 13F filings, which are filed up to 45 days after each quarter ends.