McCormick & Company Inc
NYSE:MKC

Watchlist Manager
McCormick & Company Inc Logo
McCormick & Company Inc
NYSE:MKC
Watchlist
Price: 71.09 USD -0.31% Market Closed
Market Cap: 19.1B USD

Net Margin
McCormick & Company Inc

11.7%
Current
11%
Average
3.9%
Industry

Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.

Net Margin
11.7%
=
Net Income
784.8m
/
Revenue
6.7B

Net Margin Across Competitors

McCormick & Company Inc
Glance View

Economic Moat
None
Market Cap
19.1B USD
Industry
Food Products

McCormick & Company Inc., founded in 1889 by Willoughby M. McCormick, has steadily grown into a global leader in the spice, seasonings, and flavorings industry. What started as a small spice business peddling its wares from a horse-drawn wagon in Baltimore has transformed into a vast enterprise that flavors the kitchens of millions around the world. McCormick's success lies in its strategic acquisitions and relentless focus on quality, which have helped them build an extensive portfolio, including iconic brands like McCormick, Lawry's, and Old Bay. By continuously innovating and responding to consumer trends, such as the growing demand for organic and natural products, the company ensures its relevance and leadership. Central to McCormick's operation is its robust supply chain, sourcing high-quality raw materials from farmers across the globe. This intricate supply network allows McCormick to maintain stringent quality control while producing a wide array of spice blends, herbs, and flavor solutions catering to both retail consumers and industrial clients. The retail segment includes household staples sold through supermarkets and online platforms, while the industrial side services restaurants and packaged food manufacturers with customized flavor solutions. Their business model thrives on creating value through brand strength and innovation, allowing McCormick & Company to maintain its position as a dominant force in the culinary world.

MKC Intrinsic Value
65.09 USD
Overvaluation 8%
Intrinsic Value
Price
What is Net Margin?

Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.

Net Margin
11.7%
=
Net Income
784.8m
/
Revenue
6.7B
What is the Net Margin of McCormick & Company Inc?

Based on McCormick & Company Inc's most recent financial statements, the company has Net Margin of 11.7%.

Back to Top