MKC
McCormic Non Vtg (MKC)
NYSE
$46.55+$0.82 (+1.79%)
Price as of Jun 23, 2026 7:38 AM EDT
  • $11.6B
    Market Cap
  • -37.15%
    1-Year Change
  • Packaged Foods
    Industry

Key Performance

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  • Earnings Score: 76
  • Momentum Score: 7
  • True Yield: 36
  • Financial Health Score: 96
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Latest Research & News

[Latest] Global Onion Powder Market Size/Share Worth USD 2.61 Billion by 2035 at a 6.2% CAGR: Custom Market Insights (Analysis, Outlook, Leaders, Report, Trends, Forecast, Segmentation, Growth Rate, Value, SWOT Analysis)

The global onion powder market is valued at USD 1.34 billion in 2025 and is projected to reach USD 2.61 billion by 2035, growing at a CAGR of 6.2%. Growth is driven by increasing demand for convenient, shelf-stable ingredients in food processing, rising popularity of natural flavor additives, and expansion in ready-to-eat meals. North America currently dominates the market, while Asia Pacific shows the fastest growth due to high onion production and increasing urbanization.

06/22/2026, 10:30 PM • GlobeNewswire

Forget Timing the Market: Just Buy These Dividend Stocks and Hold Forever

The article recommends two consumer staples companies as long-term dividend investments: McCormick, a spice maker with 100+ years of dividend payments, currently trading at historically low valuations ahead of a transformative merger with Unilever's foods division; and Clorox, which has grown dividends for 48 consecutive years and is experiencing temporary operational challenges from an ERP system transition, creating an attractive entry point with a 5.5% yield.

06/06/2026, 7:30 AM • The Motley Fool

Goldman Sachs Says M&A Market On Pace To Rival Historic 2021 Frenzy

Goldman Sachs President John Waldron stated that 2026 M&A activity is on track to approach or exceed 2021 record levels, driven primarily by corporate-led dealmaking. Q1 2026 saw $861.1 billion in M&A volumes, a 9.7% increase over Q1 2025. The bank remains optimistic about IPO prospects and continues to benefit from strong advisory backlogs.

05/29/2026, 1:17 PM • Benzinga

Halper Sadeh LLC is Investigating Whether MKC, LEG, OGN, KW are Obtaining Fair Deals for their Shareholders

Investor rights law firm Halper Sadeh LLC is investigating four major companies for potential securities law violations and breaches of fiduciary duties. The investigations concern McCormick & Company's merger with Unilever's Foods business, Leggett & Platt's sale to Somnigroup International, Organon & Co.'s sale to Sun Pharmaceutical, and Kennedy-Wilson Holdings' sale to a consortium led by its CEO. The firm is seeking increased consideration and additional disclosures on behalf of shareholders.

05/05/2026, 2:53 PM • GlobeNewswire

Halper Sadeh LLC is Investigating Whether MKC, OMEX, SLNO, FORA are Obtaining Fair Deals for their Shareholders

Halper Sadeh LLC, an investor rights law firm, is investigating four companies for potential securities law violations and breaches of fiduciary duties related to proposed mergers and acquisitions. The firm is examining whether McCormick & Company's merger with Unilever's Foods business, Odyssey Marine Exploration's merger with American Ocean Minerals Corporation, Soleno Therapeutics' sale to Neurocrine Biosciences, and Forian Inc.'s sale to a consortium led by its CEO are providing fair consideration to shareholders. The firm suggests insiders may receive substantial benefits unavailable to ordinary shareholders and seeks increased consideration and additional disclosures on behalf of investors.

04/15/2026, 3:47 PM • GlobeNewswire

McCormick Declares $0.48 Quarterly Dividend

McCormick & Company declared a quarterly dividend of $0.48 per share, payable April 27, 2026, marking the 102nd consecutive year of dividend payments. The global flavor company, with approximately $7 billion in annual sales across 150 countries, manufactures and distributes herbs, spices, seasonings, and flavors through its Consumer and Flavor Solutions segments.

04/08/2026, 4:21 PM • Benzinga

Looks Like M&A Week in 3 Different Sectors

A major M&A week sees Sysco acquiring Restaurant Depot for $26 billion and McCormick merging with Unilever's food division for $44 billion, while Eli Lilly acquires Centessa Pharmaceuticals for $7.8 billion. The podcast discusses the track record of consumer brand mergers (mostly unsuccessful) and analyzes Whirlpool as a dividend investment amid housing market headwinds.

04/08/2026, 12:02 PM • The Motley Fool

Marinades Market to Grow $18.44 Billion by 2031, Fuelled by Rising Demand for Convenience Foods: The Insight Partners Research

The global marinades market is projected to grow from US$12.35 billion in 2024 to US$18.44 billion by 2031, with a CAGR of 5.9%. Growth is driven by rising consumer demand for convenience foods, clean-label ingredients, and global cuisines. Asia Pacific leads the market, while food manufacturing remains the dominant segment. However, rising raw material costs present a significant challenge.

04/08/2026, 4:56 AM • GlobeNewswire

Halper Sadeh LLC is Investigating Whether SLNO, FORA, MKC, CYCN are Obtaining Fair Deals for their Shareholders

Halper Sadeh LLC, an investor rights law firm, is investigating four companies for potential violations of federal securities laws and breaches of fiduciary duties. The investigations concern Soleno Therapeutics' sale to Neurocrine Biosciences, Forian's sale to a consortium led by its CEO, McCormick & Company's merger with Unilever's Foods business, and Cyclerion Therapeutics' merger with Korsana Biosciences. The firm is seeking increased consideration and additional disclosures on behalf of shareholders.

04/07/2026, 12:50 PM • GlobeNewswire

Deal Dispatch: McCormick, Unilever Merge, Sysco Acquires Jetro Restaurant Depot For $29 Billion, QVC Considers Bankruptcy

Major M&A activity dominates the market with McCormick merging with Unilever's Foods business in a $29.1 billion deal, Sysco acquiring Jetro Restaurant Depot for $29 billion, and Eli Lilly acquiring Centessa Pharmaceuticals for $7.8 billion. Meanwhile, QVC faces financial distress and is considering Chapter 11 bankruptcy, while several other companies including IO Biotech and Lipella Pharmaceuticals have filed for bankruptcy.

04/03/2026, 10:35 AM • Benzinga

McCormick Is Acquiring Unilever's Food Business for $45 Billion. Will This Send the Spice Giant's Stock Soaring?

McCormick is acquiring Unilever's food business for $45 billion in a major consolidation of the condiments and seasonings market. McCormick shareholders will own 35% of the new combined entity. While the deal offers strategic benefits including cost synergies of $600 million and improved margins, Wall Street reacted negatively with McCormick stock falling 6.1% on announcement day. The deal faces typical merger risks including integration challenges and culture clashes, with closure expected by mid-2027.

04/01/2026, 5:30 PM • The Motley Fool

Stock Market Today, March 31: Stocks Rally on Hopes of Easing Iran Conflict

U.S. stock markets rallied on March 31, 2026, with the S&P 500 gaining 2.91%, Nasdaq surging 3.83%, and the Dow climbing 2.49% following hopes of de-escalation in the Iran conflict. Big-tech stocks led gains, while energy stocks have significantly outperformed tech year-to-date. Analysts suggest tech stocks may present buying opportunities as risk sentiment improves.

03/31/2026, 5:24 PM • The Motley Fool

McCormick & Company Falls to Value Levels Income Investors Love

McCormick & Company's stock has declined to attractive valuation levels near $50 and 16X earnings multiple due to concerns about its planned $45 billion merger with Unilever's food business. Despite near-term execution risks and dilution concerns, the company reported strong Q1 results with 16.7% revenue growth and 10% earnings growth. The acquisition presents significant long-term value creation potential, with the combined entity becoming one of the largest flavor-focused companies globally, supported by McCormick's reliable 40-year dividend growth history.

03/31/2026, 4:55 PM • Investing

In a $45 Billion Deal, McCormick Is Buying Unilever's Food Business. Is This a Good Strategic Move for the Spice Giant?

McCormick is acquiring Unilever's food business in a $45 billion deal, combining McCormick's spice portfolio with Unilever's brands like Hellmann's and Knorr. The merger is expected to create a $20+ billion revenue company with $600 million in cost savings, accelerated growth to 3-5% annually, and enhanced profitability. However, the deal carries integration risks and will initially result in a 4.0x leverage ratio, though the company aims to deleverage to 3.0x within two years.

03/31/2026, 4:05 PM • The Motley Fool

Trump Signals Iran Exit, S&P 500 Heads For Worst Month Since September 2022: What's Moving The Market On Tuesday?

U.S. equities staged their strongest rally in weeks on Tuesday following Trump's signals of willingness to end military hostilities with Iran. The S&P 500 advanced 1.8% to 6,456, though it remains down 6.2% for the month. Tech stocks led the recovery with the Nasdaq 100 rising 2%. Despite the rally, the S&P 500 is on track for its worst monthly performance since September 2022.

03/31/2026, 1:27 PM • Benzinga

Peers

Statistics

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Day Range
$45.72
$47.04
$45.73
1-Year Range
$45.60
$77.57
$45.73
Latest Close$45.73
Change
-$0.91 (-1.99%)
Volume5,996,046
Market Cap$11.6B
Shares Outstanding254.0M
P/E (TTM)7.50
Diluted EPS (TTM)$6.10
Enterprise Value$16.4B

Information as of 06/22/2026

Company Profile

$11.6B
Market Cap
$1.6B
Net Income
Sector: Consumer Defensive
Industry: Packaged Foods
24 Schilling Road, Hunt Valley, MD, United States, 21031
410 771 7301

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 and 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, as well as markets desserts under the Aeroplane brand and packaged chilled herbs under the Gourmet Garden brand name; and markets authentic regional 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, wholesale foodservice suppliers, and e-commerce. 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.

Key Executives

  • Brendan Foley
  • Jeffery D. Schwartz
  • Marcos Mendes Gabriel
  • Andrew Foust
  • Sarah Piper

Current Ownership Distribution

  • Institutions3.9B (72.62%)
  • Mutual Funds1.5B (27.35%)
  • Insiders1.7M (0.03%)
  • Other0 (0.00%)