McCormick & Co. (MKC)
Consumer · NYSE · US
Price as at 30 Sept 2026, 21:17 UTC. Quotes are delayed.
Fundamentals
Valuation and ratings
McCormick & Co. trades at $46.40, close to the $51.09 our fair value estimate puts on the business. On this measure the market and the model broadly agree, so the interesting question is which of them is wrong.
Our moat model scores it 73 out of 100, which is a wide moat. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.
It changes hands at 8.7 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.
MKC dividend history
Dividends per share by year
| Year | Total per share | Payments |
|---|---|---|
| 2026 (year to date) | $0.960 | 2 |
| 2025 | $1.83 | 4 |
| 2024 | $1.71 | 4 |
| 2023 | $1.59 | 4 |
| 2022 | $1.50 | 4 |
| 2021 | $1.39 | 4 |
| 2020 | $1.27 | 4 |
| 2019 | $1.17 | 4 |
| 2018 | $1.06 | 4 |
| 2017 | $0.965 | 4 |
| 2016 | $0.880 | 4 |
Split-adjusted amounts in the listing currency, grouped by the calendar year of the ex-dividend date, from the filed record. Growth and streak figures compare complete years only.
MKC earnings and analyst estimates
Recommendation mix, 15 published ratings
Estimates are the published analyst consensus and move often. An earnings date is scheduled, not certain, and a share tends to reprice most violently on the day itself.
About McCormick & Co.
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.
Company profile, industry and headcount are as reported by our data provider and can lag a company's own filings by a reporting period. The annual report is the authority.
MKC passes 6 of our 30 screens today
Each screen prints the exact criteria it used, and the circumstances in which it is wrong.
Super investor ownership
14 of the funds we track reported a position in their latest SEC 13F filing. Largest first:
- Lewis Sanders, Sanders Capital, LLC$408.79M · 0.4% of book
- Cliff Asness, AQR CAPITAL MANAGEMENT LLC$230.81M · 0.1% of book
- Joel Greenblatt, Gotham Asset Management, LLC$54.98M · 0.1% of book
- Select Equity Group, Select Equity Group, L.P.$37.09M · 0.2% of book
- Ken Griffin, CITADEL ADVISORS LLC$25.37M · 0.0% of book
A word of warning on reading these figures: a 13F reports the market value of a holding, so a fund that traded nothing at all still appears to have sold when the price fell. We found 102 companies where the standard reading gives the opposite answer. Only the share count is honest.
Politician trades in MKC
We hold 7 disclosed trades in MKC by members of Congress and executive-branch officials. The latest 5:
- Julie Johnson · HouseSell · $1,001 - $15,000 · traded 23 Sept 2025 · disclosed 5 Aug 2026
- Julie Johnson · HouseBuy · $1,001 - $15,000 · traded 23 Sept 2025 · disclosed 5 Aug 2026
- Daniel Goldman · HouseBuy · $1,001 - $15,000 · traded 6 Mar 2023 · disclosed 17 Apr 2023
- Gilbert Cisneros · HouseBuy · $1,001 - $15,000 · traded 29 Apr 2020 · disclosed 13 May 2020
- David B. McKinley · HouseSell · $15,001 - $50,000 · traded 17 Dec 2018 · disclosed 9 Jan 2019
A disclosure reports a value band, not an amount, and is due up to 45 days after the trade; some arrive later. Every filer we track, each with their own page, is on the Congress trading tracker.
MKC peers
The largest companies in the same industry, then in the same sector.
- AMZN Amazon.com, Inc.
- TSLA Tesla, Inc.
- WMT Walmart Inc.
- COST Costco Wholesale Corporation
- KO The Coca-Cola Company
- PG The Procter & Gamble Company
- HM-B.ST H&M
- HD The Home Depot, Inc.
Every consumer company we cover is on the Consumer hub.
Common questions
Is McCormick & Co. (MKC) undervalued?
Against our fair value estimate of $51.09, MKC at $46.40 is 10% below fair value. That is one model's answer, not a recommendation. It is built from normalized earning power with growth capped deliberately low, which understates companies whose value is mostly future growth.
Which funds own MKC?
14 of the institutions we track reported a position in MKC in their most recent SEC 13F filing. A 13F is filed up to 45 days after quarter end, so it tells you what a fund held then, not what it holds now.
What is MKC's P/E ratio?
MKC trades at 8.7 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.
Does McCormick & Co. (MKC) pay a dividend?
Yes. McCormick & Co. yields 3.66% at the current share price. It has paid $1.89 per share over the trailing twelve months. It has paid a dividend in each of the last 40 complete calendar years. A dividend is declared by the board and can be cut at any time; a yield is a fact about the current price, not a promise.
Where does SteadyShares get its MKC data?
Fundamentals for MKC come from company filings and exchange data, as listed on NYSE; institutional ownership comes from SEC 13F filings. The share price shown was last refreshed on 30 Sept 2026, 21:17 UTC and is delayed. Metrics we do not hold are left out of the page rather than estimated.
The full research page for MKC, with financial statements, ownership detail, peer comparison and alerts, is free inside the app.
Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.