Companies /Consumer Defensive

McCormick & Co. Inc (Non Voting)

NYSE: MKC Packaged Foods
$44.81
▼ $1.13 (−2.46%) today
Markets closed · 8:17pm ET

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MKC at a Glance

Valuation
Market cap
$12.1B
P/E ratio
7.5
Dividend yield
4.11%
Profitability
Revenue (TTM)
$7.7B
Profit margin
19.4%
EPS (TTM)
$6.01
Price
52-week range
$43 – $71
24/7 target
$53.52
Street target
$54.85
Earnings
Q3 2026 EPS
$0.86
vs. $0.76 est.
+13.8%

Headquartered in Hunt Valley, MD Fiscal year ends November NYSE: MKC mccormickcorporation.com

About McCormick

McCormick & Company, Incorporated is a global flavor company with approximately $7 billion in annual sales across 150 countries and territories. The company manufactures, markets, and distributes herbs, spices, seasonings, condiments, and flavors to the entire food and beverage industry, including retailers, food manufacturers, and foodservice businesses. McCormick operates in two complementary segments: Consumer, which sells branded spices, seasonings, and condiments to retail channels, and Flavor Solutions, which provides flavor products, seasoning blends, and ingredients to food manufacturers, foodservice operators, and other commercial customers. Its portfolio includes brands such as McCormick, French's, Frank's RedHot, Stubb's, OLD BAY, Lawry's, Zatarain's, Cholula, Schwartz, Kamis, Club House, FONA, and Giotti. In January 2026, the company consolidated McCormick de Mexico by acquiring an additional 25% ownership stake to reach 75% controlling interest. In March 2026, McCormick announced a proposed combination with Unilever's Foods business (excluding India and certain other businesses), which would create a combined entity with approximately $20 billion in revenue, expected to close by mid-2027. Updated

Revenue by Segment · Q3 2026
  1. Consumer60%
  2. Flavor Solutions40%

Latest Activity

A spice giant that survived every recession since the 1800s has never fallen this far from a peak, and dividend buyers now have to decide whether the staples derating makes it worth owning here.

McCormick is now in its largest drawdown of all time. -57% from highs. $MKC https://t.co/IeUTo1hlxB
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Warren naming three food deals at once puts political pressure on the FTC review timeline, and deal spreads on Kroger, Sysco and McCormick are what widen if that scrutiny sticks.

Americans beware: 3 new mergers could drive food prices even higher. Kroger + Giant Eagle Sysco + Restaurant Depot McCormick + Unilever The Trump admin must not just rubber stamp these mergers.
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MKCMcCormick
Q3 2026
EPS
$0.86
est $0.76+13.8%
Revenue
$2.02B
est $1.98B+2.3%

The Mexico acquisition is already paying: it added 14.6 points to sales growth. Investors looked past special charges, including a $43.1 million impairment on a scrapped Malaysian pepper project.

Quarterly EPS — reported vs estimate
MKCMcCormick & Company, Incorporated
Reports Thu Oct 1Before open6:30 AM ETConfirmed

McCormick reports at 6:30 AM ET with consensus at $0.76 EPS. With packaged food inflation squeezing peers, the spice maker's pricing power gets tested in the open.

    MKC Coverage

    12:51pm ET
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    Frequently Asked Questions

    What does McCormick do?

    McCormick & Company, Incorporated is a global flavor company with approximately $7 billion in annual sales across 150 countries and territories.

    What is the MKC stock price target?

    24/7 Wall St.'s 12-month price target for MKC is $53.52, rated Buy. The Wall Street consensus target is $54.85. MKC price prediction →