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

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Earnings data Q2 2022

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Earnings data Q4 2022

Earnings data Q1 2023

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Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

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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

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Current assets

Cash & equivalents

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Inventory

Non-current assets

Net PPE

Intangibles

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Current liabilities

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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.

McCormick (MKC) reported earnings 30 days ago. What's next for the stock?

Why Is McCormick (MKC) Down 7.4% Since Last Earnings Report?

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McCormick is a high-growth dividend stock in a defensive sector. Investors benefit from strong (and rising) free cash flow, a healthy balance sheet, and a good mix between organic and acquired growth.

Put McCormick On Your Shopping List

McCormick & Company's (MKC) CEO Lawrence Kurzius on Q4 2020 Results -Earnings Call Transcript

McCormick's (MKC) fourth-quarter fiscal 2020 results reflect the impact of higher sales driven by growth in Consumer and Flavor Solutions unit. However, earnings fell year over year.

McCormick's (MKC) Q4 Earnings Miss Estimates, Sales Up Y/Y

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Wall Street Just Got Hammered: Grab 5 Ultra-Safe Stocks Now

Shares of McCormick & Co (NYSE:MKC) were flat in pre-market trading after the company reported Q4 results. Quarterly Results Earnings per share decreased 50.93% year over year to $0.79, which missed the estimate of $0.89.

Recap: McCormick & Co Q4 Earnings

HUNT VALLEY, Md., Jan. 28, 2021 /PRNewswire/ -- McCormick & Company, Incorporated (NYSE: MKC), a global leader in flavor, today reported financial results for the fourth quarter and fiscal year ended November 30, 2020. For the fiscal year 2020, sales rose 5% from the prior year, with...

McCormick Reports Strong 2020 Financial Results And Provides Outlook For 2021

McCormick's (MKC) fourth-quarter fiscal 2020 performance is likely to reflect strength in the Consumer Business unit due to high demand amid COVID-19, while the Flavors Solution unit has been soft.

McCormick (MKC) to Report Q4 Earnings: What's in Store?

HUNT VALLEY, Md., Jan. 25, 2021 /PRNewswire/ -- McCormick & Company, Incorporated (NYSE: MKC), a global leader in flavor, was named the world's 6th most sustainable corporation and No. 1 in the Packaged and Processed Foods and Ingredients sector on the 2021 Global 100 Sustainability...

McCormick & Company Ranked World's 6th Most Sustainable Corporation and No. 1 in Food on Corporate Knights 2021 Global 100 Sustainability Index

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TrustCo Bank Corp (TRST) CEO, Robert McCormick on Q4 2020 Results - Earnings Call Transcript

This company has proven it can withstand economic downturns, and the stock yields much more than a savings account.

Worried About a Stock Market Crash in 2021? Buy This Stock

MKC is growing its consumer product portfolio with its recent acquisitions of Cholula and FONA. Despite expanding valuation multiples and net debt load, management's guidance suggest that long term top and bottom line growth is achievable.

McCormick: Stock Up For The Long Term

McCormick (MKC) is strategically increasing its presence through acquisitions and expand portfolio. Also, it is gaining from escalated at-home cooking trends amid COVID-19.

McCormick (MKC) Poised on Lucrative Buyouts, Cost-Saving Efforts

McCormick & Company Inc. (NYSE: MKC) recently announced that it is buying 100% of the shares of FONA International for $710 million in cash. These are the details.

Why McCormick (MKC) Is Buying FONA International For $710 Million

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McCormick (MKC) acquires FONA, a leading producer of clean and natural flavors. This is set to bolster McCormick's value-added offerings and widen the flavor solutions segment.

McCormick (MKC) Continues Buyout Spree, Buys FONA for $710M

Food and spice company McCormick & Company, Incorporated (NYSE: MKC) announced Wednesday the acquisition of Fona International for $710 million. What Happened: Fona is a maker of clean and natural flavors for use in bakery, cereal, dairy, desserts, chocolate and many other product lines.

McCormick Announces Second Major Acquisition Of 2020: What Investors Need To Know

The spice and flavorings giant is still aggressively adding to its portfolio.

McCormick Closes 2020 With One More Acquisition

In an announcement on Wednesday, McCormick & Co. (NYSE: MKC) said it had acquired FONA International for £521.79 million in cash. FONA is an Illinois-based flavour company that focuses on health and nutrition.

McCormick buys FONA International for £521.79 million in cash

McCormick & Co. announced Wednesday that it has purchased Fona International, a flavor company focused on health and nutrition, for $710 million in cash. "The acquisition of Fona reinforces McCormick's global growth strategy as Fona expands the breadth of our flavor solutions segment into attractive categories, as well as extends our technology platform and strengthens our capabilities," said Lawrence Kurzius, chief executive of McCormick, in a statement.

McCormick & Co. makes second acquisition in weeks with $710 million purchase of Fona International

HUNT VALLEY, Md., Dec. 30, 2020 /PRNewswire/ -- McCormick & Company Inc. (NYSE: MKC) (the "Company"), a global leader in flavor, today announced that it has purchased 100% of the shares of FONA International, LLC and certain of its affiliates ("FONA"), a privately held company. FONA is a...

McCormick Acquires FONA International, LLC

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McCormick (MKC) is witnessing higher demand thanks to increased-at home consumption amid COVID-19. Also, the company's lucrative acquisitions are worth mentioning.

News for McCormick Stock (MKC)