The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Thursday, August 13, 2026

Subject of the day

MKC

Concerning the House

McCormick & Company, Incorporated manufactures, markets, and distributes herbs, spices, seasoning mixes, condiments, and other flavorful products to the food industry. It operates in two segments, Consumer and Flavor Solutions. The Consumer segment offers spices, herbs, and seasonings, as well as condiments, sauces, and desserts. This segment markets its products under the McCormick, French's, Frank's RedHot, Lawry's, Cholula Hot Sauce, Club House, Gourmet Garden, and OLD BAY brands in the Americas; Ducros, Schwartz, Kamis, LA Drogheria, and Vahiné brands in Europe, the Middle East, and Africa; and McCormick and DaQiao brands in the Asia/Pacific (APAC), as well as desserts under the Aeroplane brand; and packaged chilled herbs under the Gourmet Garden brand. Its authentic regional brands include Zatarain's, Stubb's, Thai Kitchen, and Simply Asia. The company also supplies its products under private labels. This segment serves retailers, including grocery, mass merchandise, warehouse clubs, discount and drug stores, and e-commerce retailers directly and indirectly through distributors and wholesale foodservice suppliers. The Flavor Solutions segment offers seasoning blends, spices, herbs, condiments, coating systems, and compound flavors to multinational food manufacturers and foodservice customers. It serves foodservice customers directly and indirectly through distributors. The company was founded in 1889 and is headquartered in Hunt Valley, Maryland.

United States · www.mccormickcorporation.com

The Long Run

FY 2010–2025 · 16 years

LineLatestCAGRTrend
Revenue$6.84B+5.2%
Gross profit$2.59B+4.1%
Operating income$1.07B+5.1%
Net income$680.60M+4.1%
Cash from ops$1.24B+8.0%
Quotation

$54.45

+1.48 (+2.8%)

52w hi$70.38
52w lo$45.19
Vol2.04M
As ofAug 13
The Verdict

Hold

Our score -0.43

Short-0.42
Medium-0.55
Long-0.23

computed 2026-08-13

By the Numbers

McCormick & Company, Incorporated

Consumer Defensive · Packaged Foods

Market cap$14.64B
Enterprise value$19.42B
Trailing P/E9.06x
Forward P/E16.51x
EV / EBITDA13.38x
P / S (ttm)1.98x
Profit margin21.9%
Return on equity24.7%
Revenue growth+16.7%
Earnings growth-14.2%
Debt / equity65.14
Risk Metrics
Beta vs SPX0.14
Corr SPX0.09
Annual vol26.3%
Annual ret-14.4%
Sharpe-0.55
Max DD-46.2%

Window: 504 trading days (504 obs)

Layer Breakdown
LayerRawContribution
Fundamental+0.25
Sector+0.02
Technical-0.24
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-08-13

Recent Sessions
DateOpenHighLowCloseVol
Aug 13$53.24$54.74$53.26$54.452.04M
Aug 12$52.50$53.41$52.03$52.971.81M
Aug 11$52.38$53.06$52.24$52.891.82M
Aug 10$52.70$53.75$52.57$53.132.52M
Aug 7$52.02$53.30$51.91$52.961.54M