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McCormick (McCormick) FCF Yield % : 4.96 (As of Apr. 27, 2024)


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What is McCormick FCF Yield %?

FCF Yield % is calculated as Free Cash Flow divided by Market Capitalization. It is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

As of today, McCormick's Trailing 12-Month Free Cash Flow is $1,008 Mil, and Market Cap is $20,322 Mil. Therefore, McCormick's FCF Yield % for today is 4.96%.

The historical rank and industry rank for McCormick's FCF Yield % or its related term are showing as below:

MKC' s FCF Yield % Range Over the Past 10 Years
Min: 1.67   Med: 3.63   Max: 5.58
Current: 4.96


During the past 13 years, the highest FCF Yield % of McCormick was 5.58%. The lowest was 1.67%. And the median was 3.63%.

MKC's FCF Yield % is ranked better than
65.3% of 1908 companies
in the Consumer Packaged Goods industry
Industry Median: 1.705 vs MKC: 4.96

McCormick's FCF Margin % for the quarter that ended in Feb. 2024 was 4.77%.


McCormick FCF Yield % Historical Data

The historical data trend for McCormick's FCF Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

McCormick FCF Yield % Chart

McCormick Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
FCF Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.44 3.27 2.40 1.71 5.60

McCormick Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
FCF Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.84 4.06 3.58 11.52 1.65

Competitive Comparison of McCormick's FCF Yield %

For the Packaged Foods subindustry, McCormick's FCF Yield %, along with its competitors' market caps and FCF Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


McCormick's FCF Yield % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, McCormick's FCF Yield % distribution charts can be found below:

* The bar in red indicates where McCormick's FCF Yield % falls into.



McCormick FCF Yield % Calculation

FCF Yield % is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

McCormick's FCF Yield % for the fiscal year that ended in Nov. 2023 is calculated as

FCF Yield %=Free Cash Flow / Market Cap
=973.4 / 17380.923
=5.60%

McCormick's annualized FCF Yield % for the quarter that ended in Feb. 2024 is calculated as

FCF Yield %=Free Cash Flow * Annualized Factor / Market Cap
=76.4 * 4 / 18482.91918
=1.65%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


McCormick FCF Yield % Explanation

Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.


McCormick FCF Yield % Related Terms

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McCormick (McCormick) Business Description

Address
24 Schilling Road, Suite 1, Hunt Valley, MD, USA, 21031
In its more-than 130-year history, McCormick has grown to become the leading global manufacturer, marketer, and distributor of spices, herbs, extracts, seasonings, and other flavorings. Beyond end consumers, McCormick's customer base also includes top quick-service restaurants, retail grocery chains, and other packaged food and beverage manufacturers. And its reach is global, with nearly 40% of sales generated beyond its home turf to include 150 other countries and territories. In addition to its namesake brand, the firm's portfolio includes Old Bay, Zatarain's, Thai Kitchen, Frank's RedHot, French's, and the Cholula brand.
Executives
Jeffery D Schwartz officer: Vice President, Gen Counsel 18 LOVETON CIRCLE, SPARKS MD 21152
Michael D Mangan director 2041 ISLA VISTA LANE, NAPLES FL 34105
Jacques Tapiero director MCCORMICK & COMPANY, INC., SPARKS MD 21152
Andrew Foust officer: President, Americas 24 SCHILLING ROAD, SUITE 1, HUNT VALLEY MD 21031
Ana Sanchez officer: President EMEA 24 SCHILLING ROAD, SUITE 1, HUNT VALLEY MD 21031
Katherine Jenkins officer: C.S.O. & SVP Investor Relation 24 SCHILLING ROAD, SUITE 1, HUNT VALLEY MD 21031
Lawrence Erik Kurzius director, officer: Chairman, President & CEO 18 LOVETON CIRCLE, SPARKS MD 21152
Sarah Piper officer: Chief Human Relations Officer 24 SCHILLING ROAD, SUITE 1, HUNT VALLEY MD 21031
Brendan M Foley officer: President Global Consumer 18 LOVETON CIRCLE, SPARKS MD 21152
Preston Margaret M V director MERCANTILE-SAFE DEPOSIT & TRUST CO, 2 HOPKINS PLZ, BALTIMORE MD 21201
Michael R Smith officer: Executive VP & CFO 18 LOVETON CIRCLE, SPARKS MD 21152
Patricia A Little director 999 W BIG BEAVER ROAD, TROY MI 48084
Malcolm Swift officer: President Global Industrial & 18 LOVETON CIRCLE, SPARKS MD 21152
Lisa Manzone officer: Sr. VP Global Human Relations 18 LOVETON CIRCLE, SPARKS MD 21152
Maritza Gomez Montiel director C/O APTARGROUP, INC., 265 EXCHANGE DRIVE, SUITE 100, CRYSTAL LAKE IL 60014