McCormick & Company, Incorporated
MKC

$20.7 B
Marketcap
$77.13
Share price
Country
$1.82
Change (1 day)
$85.49
Year High
$63.67
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/E ratio for McCormick & Company, Incorporated (MKC)

P/E ratio as of 2023: 25.57

According to McCormick & Company, Incorporated's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 25.57. At the end of 2022 the company had a P/E ratio of 33.50.

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

PE ratio at the end of each year

Year P/E ratio
2023 25.57
2022 33.50
2021 30.37
2020 33.34
2019 31.94
2018 21.14
2017 27.14
2016 24.45
2015 27.38
2014 21.93
2013 23.43
2012 21.01
2011 17.27
2010 15.80
2009 15.57
2008 14.53
2007 21.47
2006 25.31
2005 19.51
2004 23.22
2003 19.21
2002 18.43
2001 20.22
2000 17.40
1999 22.12
1998 23.49
1997 17.47
1996 45.99
1995 19.66
1994 25.25
1993 25.75
1992 24.06
1991 20.33
1990 13.26
1989 19.77
1988 17.08
1987 13.05
1986 17.41
1985 15.65