McCormick & Company, Incorporated MKC Ratios & Valuation
| FY'25 | FY'24 | FY'23 | FY'22 | ||
|---|---|---|---|---|---|
| Profitability | |||||
| Gross margin | 37.9%-0.6pp | 38.5%+1.0pp | 37.6%+1.7pp | 35.8%-3.7pp | |
| Operating margin | 15.7%-0.1pp | 15.8%+1.3pp | 14.5%+0.9pp | 13.6%-2.5pp | |
| Net margin | 11.5%-0.2pp | 11.7%+1.5pp | 10.2%-0.5pp | 10.7%-1.2pp | |
| EBITDA margin | 19%+0.2pp | 18.9%+1.4pp | 17.4%+0.7pp | 16.8%-2.3pp | |
| Free cash flow margin | 10.9%+1.2pp | 9.6%-5.0pp | 14.6%+8.5pp | 6.1%-2.6pp | |
| Returns | |||||
| Return on equity | 14.3%-0.9pp | 15.2%+1.3pp | 14%-1.0pp | 15%-3.1pp | |
| Return on assets | 6%-0.1pp | 6.1%+0.8pp | 5.2%0.0pp | 5.2%-0.8pp | |
| Return on invested capital | 8.9%-0.3pp | 9.2%+1.0pp | 8.2%+0.7pp | 7.4%-1.8pp | |
| Efficiency | |||||
| Asset turnover | 0.5×0.0× | 0.5×0.0× | 0.5×0.0× | 0.5×0.0× | |
| Inventory turnover | 3.4×-0.1× | 3.5×+0.1× | 3.4×+0.1× | 3.2×-0.2× | |
| Liquidity | |||||
| Current ratio | 0.7×0.0× | 0.7×+0.1× | 0.6×0.0× | 0.7×0.0× | |
| Quick ratio | 0.3×0.0× | 0.3×0.0× | 0.3×0.0× | 0.3×0.0× | |
| Cash ratio | 0×0.0× | 0.1×0.0× | 0.1×0.0× | 0.1×0.0× | |
| Leverage | |||||
| Debt-to-equity | 0.7×-0.2× | 0.8×+0.1× | 0.8×-0.3× | 1.1×0.0× | |
| Debt-to-assets | 0.3×0.0× | 0.3×0.0× | 0.3×-0.1× | 0.4×0.0× | |
| Net debt / EBITDA | 2.9×-0.5× | 3.3×+0.1× | 3.3×-1.3× | 4.6×+0.9× | |
| Interest coverage | 5.5×+0.4× | 5.1×+0.4× | 4.6×-1.2× | 5.8×-1.6× | |
| Per Share | |||||
| Book value per share | $21.29+8.5% | $19.63+4.6% | $18.76+8.3% | $17.32+6.0% | |
| Valuation | |||||
| Market capitalization | $18.11B-14.0% | $21.06B+21.0% | $17.4B-23.8% | $22.85B-0.4% | |
| Enterprise value | $21.82B-13.7% | $25.28B+19.3% | $21.19B-23.6% | $27.74B+1.4% | |
| Price / earnings | 22.9×-3.8× | 26.7×+1.1× | 25.6×-7.9× | 33.5×+3.1× | |
| Price / sales | 2.6×-0.5× | 3.1×+0.5× | 2.6×-1.0× | 3.6×0.0× | |
| Price / book | 3.2×-0.8× | 4×+0.5× | 3.4×-1.4× | 4.9×-0.3× | |
| EV / EBITDA | 16.8×-3.2× | 19.9×+1.7× | 18.2×-7.8× | 26.1×+3.3× | |
| EV / sales | 3.2×-0.6× | 3.8×+0.6× | 3.2×-1.2× | 4.4×0.0× | |
| Free cash flow yield | 4.1%+1.0pp | 3.1%-2.5pp | 5.6%+3.9pp | 1.7%-0.7pp | |
| Earnings yield | 4.4%+0.6pp | 3.7%-0.2pp | 3.9%+0.9pp | 3%-0.3pp | |
| Dividend yield | 2.7%+0.5pp | 2.1%-0.3pp | 2.4%+0.7pp | 1.7%+0.2pp | |
| PEG ratio | 201×+199× | 1.7×— | —— | —— |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are McCormick & Company, Incorporated's profit margins?
- McCormick & Company, Incorporated (MKC) runs a 37.9% gross margin and a 15.1% operating margin, with a 23.1% net margin.
- Where do McCormick & Company, Incorporated's ratios come from?
- Every ratio is computed from McCormick & Company, Incorporated's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
