McCormick & Co., Inc. (MKC)

December 2nd, 2020


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McCormick & Company is a global food company that manufactures, markets, and distributes spices, seasoning mixes, condiments, and other flavoring products for the industrial, restaurant, institutional, and home markets. A Fortune 1000 company, McCormick has approximately 12,400 employees. The company headquarters moved from Sparks to Hunt Valley, Maryland in the third quarter of 2018. Willoughby M. McCormick , started the business in Baltimore at age 25 in 1889. From one room and a cellar, he sold his initial products door-to-door which included root beer, flavoring extracts, fruit syrups and juices. Seven years later, McCormick bought the F.G. Emmett Spice Company and entered the spice industry. In 1903, Willoughby and his brother Roberdeau incorporated the company in Maine; they reincorporated in Maryland in 1915. Most of the company's assets and records were destroyed in the Great Baltimore Fire of February 1904. However, they constructed a new five-story building on the same site within 10 months in 1905.

Financial Statements

Key Info

  • Industry: All Other Miscellaneous Food Manufacturing
  • Sector: Manufacturing
  • CEO Name: Lawrence Kurzius

Key Statistics

  • Stock Price: $93.64
  • Dividend Yield: 1.3%
  • Market Capitalization: $24,918,284,552
  • Shares Outstanding: 124,347,973
  • Number of Employees: 11,700
  • Trailing 12-Month EPS: $5.65
  • Trailing 12-Month DPS: $2.47
  • Payout Ratio: 43.7%

Important Dates

  • Next Earnings Date:
  • Next Ex-Dividend Date: 2020-10-02

Price Trends

  • Current Stock Price: $93.64
  • 52-week high: $209.11
  • 52-week low: $112.6
  • 200-day moving average: $188.26
  • 50-day moving average: $188.28


  • 1-Month Price Return: 3.6%
  • 3-Month Price Return: -8.9%
  • 6-Month Price Return: 6.6%
  • 1-Year Price Return: 12.1%
  • 2-Year Price Return: 28.3%
  • 5-Year Price Return: 134.7%

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December 2nd, 2020