MKC.V: McCormick & Company, Incorporated - Summary | Jitta

McCormick & Company, Incorporated

NYSE:MKC.V

Price
$93.90
Loss Chance
42.2%
6.02JITTA SCORE
13.32%Under Jitta Line
Jitta Ranking
1,480 / 5,115
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HISTORICAL JITTA SCORE
Jitta Factors
Growth Opportunity (56)
Recent Business Performance (36)
Financial Strength (72)
Return to Shareholders (77)
Competitive Advantage (68)
Jitta Signs
Return on EquityConsistently High
Dividend PayoutIncreasing Every Year
Interest Coverage RatioVery Good
Cash Conversion CycleLess than 60 days
Revenue and EarningEarning decline from 2018-2021
Key Stats
Jitta Score
Jitta Line
6.02
13.32%
3.59
863.32%
3.96
419.58%
Packaged Foods and Meats
4.54
11.77%
5.07
29.65%
7.79
107.61%
COMPANY DESCRIPTION
McCormick & Company, Incorporated manufactures, markets, and distributes 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 and sauces, and desserts. This segment markets its products under the McCormick, French’s, Frank’s RedHot, Lawry’s Cholula Hot Sauce, Gourmet Garden, Club House, and OLD BAY brands in the Americas; Ducros, Schwartz, Kamis, and Drogheria & Alimentari, and Vahiné brands in Europe, the Middle East, and Africa; McCormick and DaQiao brands in China; and McCormick, Aeroplane, and Gourmet Garden brands in Australia, as well as markets regional and ethnic brands, such as Zatarain’s, Stubb's, Thai Kitchen, and Simply Asia. It also supplies its products under the private labels. This segment serves retailers comprising 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 and 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.