McCormick & Company (MKC-V)

Consumer Defensive · Packaged Foods
$46.81 +0.32% on the day Market cap $13.1B 52-week range $44.30 to $72.14 Prices as of Oct 7, 2026

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.

Free cash flow growth the price needs
3% a year for 10 years

At a market value of $13.1B, 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.

Implied by the price3.4% a year
Free cash flow, last 9 years4.4% a year
Revenue, same period5.0% a year
Price to free cash flow17.7x

Fundamental grade

C

Five factors scored 1 to 9 from MKC-V's latest numbers, weighted into one grade. It describes the business, not whether the stock is a buy.

Valuation7
Profitability6
Growth4
Financial health2
Cash efficiency7

Key numbers

P/E (trailing)7.98x
P/E (forward)15.6x
Price / free cash flow17.7x
EV / EBITDA13.3x
Price / sales1.70x
Price / book1.86x
Revenue growth+17.4%
Operating margin13.4%
Net margin19.4%
Return on equity21.3%
Dividend yield3.8%
Debt / equity1.29x

Results from SEC filings

Fiscal years, from McCormick & Company's 10-K filings. The deep dive has 15+ years, quarters and every line.

Fiscal year20212022202320242025
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 margin16.1%13.6%14.5%15.8%15.7%

Where the revenue comes from

Revenue by segments, fiscal 2025.

Consumer$4.0B58%
Flavor Solutions$2.9B42%

Superinvestors who own MKC-V

From each investor's latest 13F filing (what a 13F shows).

None of the superinvestors we track held MKC-V in their latest 13F.

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.

No open-market insider purchases of MKC-V in the last 12 months. Most insider activity is selling and option exercises, which aren't shown here.

Get an alert at your buy price

Pick the price you'd be interested at. We'll email you when MKC-V trades at or below it.

$

Free accounts get 3 price alerts. No card needed.

In the full deep dive

DCF fair value per share
Yearly return (IRR) at today's price
Growth implied by revenue and margins
15+ years of statements and quarters

Questions

What growth does McCormick & Company's stock price imply?

At a market value of $13.1B, 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?

No open-market insider purchases of MKC-V in the last 12 months, according to SEC Form 4 filings.

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.