Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Selling, general and administrative expense

Transaction and integration expenses

Special charges

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

McCormick

McCormick & Co., Inc. is engaged in the manufacturing, marketing, and distribution of spices, seasoning mixes, condiments, and other flavorful products to retail outlets, food manufacturers, and foodservice businesses. It operates through the Consumer and Flavor Solutions segments. The Consumer segment operates by selling to retail channels, including grocery, mass merchandise, warehouse clubs, discount and drug stores, and e-commerce through the following brands: McCormick, French's, Frank's RedHot, Lawry's, Zatarain's, Simply Asia, Thai Kitchen, Ducros, Vahine, Schwartz, Club House, Kamis, Kohinoor, and DaQiao. The Flavour Solutions segment sells to food manufacturers and the foodservice industry both directly and indirectly through distributors, except for its businesses in China and India. The company was founded by Willoughby M. McCormick in 1889 and is headquartered in Baltimore, MD.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

McCormick projects sales growth and margin expansion despite challenges

McCormick acknowledges a challenging year but expresses confidence in the outlook for 2023. Strong consumer demand and cost savings programs expected to offset challenges. Pricing strategy and new product lines driving growth and attracting new consumers.

McCormick reports solid Q1 results, focuses on innovation and growth

McCormick's Q1 2023 performance showcased sales growth, steady operating income, and improved gross margins, despite challenges in certain regions and increased expenses.
The company's strengths lie in the success of Flavor Solutions and Consumer segments, with opportunities in innovation, sales growth, and debt reduction strategies.
Challenges include flat volume outlook, higher expenses, and regional disruptions, but McCormick remains focused on driving long-term value for shareholders.
Overall, McCormick's strategic focus on innovation, cost optimization, and market trends positions them well for sustainable growth and profitability in 2023.

McCormick reports robust Q2 results, eyes margin expansion and growth

McCormick's Q2 performance showcased strong financial results, with a focus on margin expansion and growth in key segments. Despite challenges in China and certain business exits, the company remains optimistic about future opportunities and growth prospects.

McCormick reports strong Q3 earnings amidst China challenges and growth opportunities

McCormick's Q3 earnings call highlighted strong performance and sustained demand for flavor products. Despite challenges in China and market share pressures, the company remains focused on innovation, efficiency, and margin improvement. Opportunities for growth exist through delveraging, M&A, and continued distribution gains.

McCormick reports Q4 sales growth and margin expansion, faces margin challenges

McCormick's Q4 performance showed sales growth and margin expansion, with a focus on volume-led growth and brand investments. Challenges include consumer behavior shifts and margin pressures in Flavor Solutions, but opportunities lie in investments and margin improvement strategies.

McCormick reports 2% sales growth in Q1 2024 earnings

McCormick's Q1 performance showed sales growth driven by pricing actions, with volume improvements in key segments.
The company faces challenges in certain product categories but is focused on driving volume improvement and gross margin expansion.
Opportunities lie in strengthening the China business, activating price gap management efforts, and leveraging successful product strategies.
Overall, McCormick's financial outlook for 2024 remains positive, with expectations of continued sales growth and earnings increase.

McCormick Q2 2024: Sales Dip, Innovation Drives Growth

McCormick's Q2 2024 earnings reflected a slight sales decline, countered by strategic innovations and market adaptations. With a management transition on the horizon and a confident outlook towards achieving its 2024 financial goals, McCormick is poised to leverage consumer trends and new product lines to drive future growth.

McCormick meets Q3 expectations, eyes growth through key investments

McCormick's Q3 showcased success in key segments, with a focus on driving top-line growth through various levers. Despite challenges in cash flow and certain regions, the company remains optimistic about its outlook for 2024.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

McCormick & Co., Inc. engages in the manufacturing, marketing, and distribution of spices, seasoning mixes, condiments, and other flavorful products to retail outlets, food manufacturers, and foodservice businesses. It operates through the Consumer and Flavor Solutions segments. The Consumer segment sells spices, seasonings, condiments, and sauces. The Flavor Solutions segment includes seasoning blends, spices and herbs, condiments, coating systems, and compound flavors. The company was founded by Willoughby M. McCormick in 1889 and is headquartered in Baltimore, MD.

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HUNT VALLEY, Md., Nov. 3, 2021 /PRNewswire/ -- McCormick & Company, Incorporated (NYSE:MKC), a global leader in flavor, announced that it has officially been awarded the inaugural 2021 Terra Carta Seal which recognizes private sector companies who are leading their peers in creating genuinely sustainable markets.

McCormick & Company Receives Inaugural HRH The Prince of Wales' Terra Carta Seal in Recognition of the Company's Commitment to Creating a Sustainable Future

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McCormick has emerged from the pandemic stronger and is ready for continued growth

Don't Let McCormick's Bland Stock Performance Keep You From Seeing Its Spicy Potential

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Lawrence Kurzius explains how supply chain disruptions pose challenges in a time of "unprecedented" demand for McCormick-brand spices.

McCormick CEO says 'unprecedented' demand for spices is hard to keep up with

Shares of McCormick & Company, Inc. ( MKC , Financial) are down nearly 17% for the year while the S&P 500 index has enjoyed a double-digit gain. Looking at the 52-week high is even worse as the stock sits 22% below this mark.

Why Undervalued McCormick Is a Buy

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Management says the future is bright even though profits will be pinched over the next few months.

McCormick's Earnings Call: 3 Takeaways

McCormick provides products to the entire food industry.

McCormick: A Dividend Aristocrat With Taste

McCormick is a Dividend Champion with 35 consecutive years of dividend growth. Shares currently yield 1.69%. McCormick free cash flow generation has improved substantially over the last 10 years.

McCormick: Year-Long Pullback Finally Has Shares Looking Attractive

McCormick & Co(NYSE:MKC) stock fell by 0.39% on Friday after the company reported its Q3 earnings results on Thursday, September 30, 2021 at 06:30 AM. Here's what investors need to know about the announcement.

McCormick & Co: Q3 Earnings Insights

The spice giant reduced profit targets while lifting its sales outlook.

Inflation Bites Into McCormick's Q3 Earnings

McCormick & Company, Incorporated (MKC) CEO Lawrence Kurzius on Q3 2021 Results - Earnings Call Transcript

McCormick's (MKC) third-quarter fiscal 2021 results reflect the impact of higher sales driven by growth in the Flavor Solutions and Consumer units. Management updates fiscal 2021 sales view upward.

McCormick's (MKC) Q3 Earnings Beat Estimates, Sales Up Y/Y

McCormick & Company Inc (NYSE: MKC) reported third-quarter FY21 sales growth of 8% year-on-year, to $1.549 billion, marginally beating the analyst consensus of $1.540 billion. Sales improved 17% on a two-year basis.

McCormick Cuts FY21 EPS Outlook, Warns About Cost Inflation

McCormick (MKC) delivered earnings and revenue surprises of 9.59% and -0.45%, respectively, for the quarter ended August 2021. Do the numbers hold clues to what lies ahead for the stock?

McCormick (MKC) Tops Q3 Earnings Estimates

Spices and flavorings maker McCormick & Co. Inc. beat earnings estimates for the third quarter, boosted by continued strong demand for eating at home that helped offset inflationary and logistics pressures that are hurting many companies. The company posted net income of $212.4 million, or 79 cents a share, for the quarter, up from $206.2 million, or 76 cents a share, in the year-earlier period.

McCormick beats earnings estimates as sustained eating-at-home trend offsets inflationary and logistics pressures

HUNT VALLEY, Md., Sept. 30, 2021 /PRNewswire/ -- McCormick & Company, Incorporated (NYSE: MKC), a global leader in flavor, today reported financial results for the third quarter ended August 31, 2021.

McCormick Reports Strong Third Quarter Sales Growth And Updates 2021 Financial Outlook

HUNT VALLEY, Md., Sept. 28, 2021 /PRNewswire/ -- The Board of Directors of McCormick & Company, Incorporated (NYSE: MKC) declared a quarterly dividend of $0.34 per share on its common stocks, payable October 26, 2021 to shareholders of record October 12, 2021.

McCormick Declares $0.34 Quarterly Dividend

McCormick's (MKC) third-quarter fiscal 2021 results are likely to reflect benefits from acquisitions and foodservice demand recovery, while rising costs are a concerning factor.

Factors to Watch Ahead of McCormick's (MKC) Q3 Earnings Release

The spice and flavorings giant has some big questions to answer for investors when it releases earnings on Thursday.

News for McCormick Stock (MKC)