McCormick & Company, Incorporated

McCormick & Company, Incorporatedverified

MKC

Price:

$69.77

Market Cap:

$18.74B

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...[Read more]

Industry

Packaged Foods

IPO Date

1999-04-26

Stock Exchange

NYSE

Ticker

MKC

The Current Ratio as of July 2024 (TTM) for McCormick & Company, Incorporated (MKC) is 0.69

According to McCormick & Company, Incorporated’s latest financial reports and current stock price. The company's current Current Ratio is 0.69. This represents a change of 3.13% compared to the average of 0.67 of the last 4 quarters.

McCormick & Company, Incorporated (MKC) Historical Current Ratio (quarterly & annually)

How has MKC Current Ratio performed in the past?

The mean historical Current Ratio of McCormick & Company, Incorporated over the last ten years is 0.84. The current 0.69 Current Ratio has changed 8.16% with respect to the historical average. Over the past ten years (40 quarters), MKC's Current Ratio was at its highest in in the August 2014 quarter at 1.31. The Current Ratio was at its lowest in in the November 2023 quarter at 0.65.

Quarterly (TTM)
Annual

Average

0.84

Median

0.73

Minimum

0.65

Maximum

1.26

McCormick & Company, Incorporated (MKC) Current Ratio by Quarter and Year

Discovering the peaks and valleys of McCormick & Company, Incorporated Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 2.09%

Maximum Annual Current Ratio = 1.26

Minimum Annual Increase = -16.91%

Minimum Annual Current Ratio = 0.65

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.65-7.11%
20220.702.09%
20210.68-0.41%
20200.68-4.95%
20190.72-2.67%
20180.74-10.97%
20170.83-16.91%
20161.00-11.88%
20151.13-10.15%
20141.26-2.07%

McCormick & Company, Incorporated (MKC) Average Current Ratio

How has MKC Current Ratio performed in the past?

The current Current Ratio of McCormick & Company, Incorporated (MKC) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages

3-year avg

0.67

5-year avg

0.69

10-year avg

0.84

McCormick & Company, Incorporated (MKC) Current Ratio vs. Peers

How is MKC’s Current Ratio compared to its peers?

McCormick & Company, Incorporated’s Current Ratio is less than Conagra Brands, Inc. (0.95), greater than Campbell Soup Company (0.62), greater than Kellogg Company (0.62), greater than General Mills, Inc. (0.65), less than Hormel Foods Corporation (1.73), greater than The J. M. Smucker Company (0.52), less than The Kraft Heinz Company (1.09),

Build a custom stock screener for McCormick & Company, Incorporated (MKC) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like McCormick & Company, Incorporated using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

McCormick & Company, Incorporated (MKC) and other stocks custom spreadsheet templates

The easiest way to analyze a company like McCormick & Company, Incorporated or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the Current Ratio?

How can you use the Current Ratio?

What is McCormick & Company, Incorporated's Current Ratio?

How is the Current Ratio calculated for McCormick & Company, Incorporated (MKC)?

What is the highest Current Ratio for McCormick & Company, Incorporated (MKC)?

What is the 3-year average Current Ratio for McCormick & Company, Incorporated (MKC)?

What is the 5-year average Current Ratio for McCormick & Company, Incorporated (MKC)?

How does the current Current Ratio for McCormick & Company, Incorporated (MKC) compare to its historical average?