McCormick & Company, Incorporated
MKC

$21.17 B
Marketcap
$78.86
Share price
Country
$0.62
Change (1 day)
$85.49
Year High
$63.88
Year Low
Categories

McCormick & Company, Incorporated manufactures, markets, and distributes spices, seasoning mixes, condiments, and other flavorful products to the food industry. It operates in two segments, Consumer and Flavor Solutions. The Consumer segment offers spices, herbs, and seasonings, as well as condiments and sauces, and desserts. This segment markets its products under the McCormick, French's, Frank's RedHot, Lawry's Cholula Hot Sauce, Gourmet Garden, Club House, and OLD BAY brands in the Americas; Ducros, Schwartz, Kamis, and Drogheria & Alimentari, and Vahiné brands in Europe, the Middle East, and Africa; McCormick and DaQiao brands in China; and McCormick, Aeroplane, and Gourmet Garden brands in Australia, as well as markets regional and ethnic brands, such as Zatarain's, Stubb's, Thai Kitchen, and Simply Asia. It also supplies its products under the private labels. This segment serves retailers comprising grocery, mass merchandise, warehouse clubs, discount and drug stores, and e-commerce retailers directly and indirectly through distributors and wholesale foodservice suppliers. The Flavor Solutions segment offers seasoning blends, spices and herbs, condiments, coating systems, and compound flavors to multinational food manufacturers and foodservice customers. It serves foodservice customers directly and indirectly through distributors. The company was founded in 1889 and is headquartered in Hunt Valley, Maryland.

marketcap

P/B ratio for McCormick & Company, Incorporated (MKC)

P/B ratio as of 2023: 3.44

According to McCormick & Company, Incorporated's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 3.44. At the end of 2022 the company had a P/B ratio of 4.88.

P/B ratio history for McCormick & Company, Incorporated from 1985 to 2023

P/B ratio at the end of each year

Year P/B ratio
2023 3.44
2022 4.88
2021 5.20
2020 6.35
2019 6.52
2018 6.22
2017 5.06
2016 7.10
2015 6.58
2014 5.36
2013 4.72
2012 5.09
2011 4.03
2010 4.02
2009 3.50
2008 3.52
2007 4.55
2006 5.48
2005 5.24
2004 5.60
2003 5.36
2002 5.60
2001 6.40
2000 6.66
1999 5.98
1998 6.28
1997 4.37
1996 4.28
1995 3.70
1994 3.15
1993 4.03
1992 5.23
1991 4.23
1990 2.52
1989 3.00
1988 2.11
1987 1.43
1986 1.91
1985 1.67