24 Schilling Road
Hunt Valley , MD 21031
Hunt Valley , MD 21031
News
-
McCormick & Company Inc dropped 7.8% to $68.86 after the spice maker reported quarterly results.
Revenue in the third quarter ending in August increased 6% to $1.7 billion from $1.6 billion and net income dropped to $170 million from $222.9 million and diluted earnings per share dropped to 63 cents from 83 cents a year ago.
The company reiterated its sales and operating earnings outlook for 2023.
Revenue in 2023 is expected to increase between 5% and 7%, primarily driven by price increases and operating income is expected to increase betwee More
Oct 3, 2023 -
McCormick & Company Inc, the spice maker, reported stable revenue in its latest quarter.
Revenue in the fiscal first quarter ending in February increased 3% to $1.56 billion from $1.52 billion and net income fell to $139.1 million from $154.9 million and diluted earnings per share dropped to 52 cents from 57 cents a year ago.
The company's sales were negatively affected by 2% from the lower consumption in China due to Covid-related disruptions, exiting from Russia and divestiture of the company's Kitchen Basics business.
Mar 29, 2023
Executive/
Director
Links
Price
- Last Close
-
$ 79.03
$ -0.68 -0.85 %
Aug 29, 2024
- 52-Week High/Low
- $82.09 - $59.56
- YTD
- 15.5%
- Trading Volume
- 39,947
- Market Cap Full
- $ 21.2B
- Shares Outstanding
-
268.4M
May 31, 2023
| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Q1 | 3.8% | 16.3% | 4.5% | 4.4% | 7.8% | -5% | -6.5% | 3.3% | 0.4% | 12.3% |
| Q2 | 5.5% | 7.7% | 0.4% | 12.4% | 3.1% | 4% | -1.6% | -17% | 4.8% | 2.1% |
| Q3 | 2% | -5.9% | 5.8% | 14.4% | 0.9% | 8% | -7.9% | -14.4% | -13.3% | - |
| Q4 | 5.1% | -5.7% | 3.2% | 5.8% | 8.9% | -50.8% | 19.2% | 16.9% | -8.5% | - |
| J | F | M | A | M | J | J | A | S | O | N | D | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -0.4% | 1% | 11.7% | 1.8% | - | - | - | - | - | - | - | - |
| 2023 | -9.4% | -1% | 12% | 5.5% | -2.4% | 1.8% | 2.6% | -8.3% | -7.8% | -15.5% | 1.5% | 5.5% |
| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 10% | 17% | 11% | 11% | 39% | 22% | -44% | 1% | -14% | -17% | 15% |
Earnings
| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|
| Q1 | 0.70 | 0.74 | 0.76 | 3.18 | 1.11 | 1.47 | 0.69 | - | 0.52 |
| Q2 | 0.75 | - | 0.82 | 0.93 | 1.12 | 1.53 | - | - | 0.56 |
| Q3 | 0.85 | 1.03 | 1.12 | 1.3 | 1.43 | - | - | - | 0.63 |
| Q4 | 1.18 | 1.27 | 1.54 | 1.59 | 1.58 | 2.78 | 2.8 | 0.69 | - |
| A | 3.5 | 3 | 4.2 | 3.5 | 2.6 | 2.8 | 2.8 | 2.5 | 1.71 |
Annual Returns
52 Week
High/Low
Annual
Earnings
Chart
Trading Volume
Dividend +
Dividend +
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Q1 | 0.57 | 0.62 | 0.34 | 0.37 | 0.39 | 0.42 |
| Q2 | 0.57 | 0.62 | 0.34 | 0.37 | 0.39 | 0.42 |
| Q3 | 0.57 | 0.62 | 0.34 | 0.37 | 0.39 | 0.42 |
| Q4 | 0.57 | 0.62 | 0.34 | 0.37 | 0.39 | 0.42 |
| A | 2.28 | 2.48 | 1.36 | 1.48 | 1.56 | 1.68 |
Outstanding Shares
(In Millions) +
Jan 16, 2024
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|---|---|
| Mar | - | 125.1 | 131.2 | 132.2 | 266 | 267.1 |
| Jun | - | 124.7 | 131.4 | 132.3 | 266.2 | 267.3 |
| Sep | - | 126.3 | 131.6 | 132.8 | 266.7 | 267.4 |
| Dec | 126.6 | 126.8 | 263.1 | 265.1 | 266.5 | 267.3 |
SEC Filings
Financial Ratios
| 2022 | 2021 | 2020 | 2019 | 2018 | ||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Management | ||||||||||||||||||
| Inventory / Stock Turnover | 3 | 3.2 | 3.2 | 4 | 3.9 | |||||||||||||
| Fixed Asset Turnover | 3 | 3.3 | 3.2 | 3.7 | 0.6 | |||||||||||||
| Total Asset Turnover | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | |||||||||||||
| Leverage | ||||||||||||||||||
| Debt Ratio | 1.5 | 1.8 | 1.8 | 2.3 | 2.7 | |||||||||||||
| Debt – Equity Ratio | 0.8 | 0.9 | 1 | 1.1 | 1.3 | |||||||||||||
| Interest Coverage | 4.8 | 3.9 | 4 | 3.8 | -30 | |||||||||||||
| Equity multiplier | 0.5 | 0.4 | 0.5 | 0.4 | 2.8 | |||||||||||||