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McCormickMKC +1.35%72 EV-to-EBIT is 16.80 as of Aug. 03, 2026, which is 35% below its 10-year median of 25.89. GuruFocus rates MKC with a GF Score™ of 72/100 and a GF Value™ of $80.15 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 1,558 Consumer Packaged Goods companies, McCormick ranks worse than 66.56% on this metric.
This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.
McCormick's Enterprise Value for the quarter that ended in May. 2026 was $17,916 Mil.
McCormick's EBIT for the trailing twelve months (TTM) ended in May. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,134 Mil.
* 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 EV-to-EBIT Related Terms
McCormick EV-to-EBIT Historical Data
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The historical data trend for McCormick's EV-to-EBIT 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.
For the Packaged Foods subindustry, McCormick's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, McCormick's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where McCormick's EV-to-EBIT falls into.
McCormick's current Enterprise Value is $19,049 Mil.
McCormick's EBIT for the trailing twelve months (TTM) ended in May. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,134 Mil.
* 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 (MKC) has a EV-to-EBIT of 16.80 as of Aug. 03, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on McCormick and its competitors. This is 35% below median its historical median of 25.89. Over the past decade, McCormick's EV-to-EBIT has ranged from 15.56 to 32.87. According to the industry distribution chart, McCormick ranks #1037 out of 1558 companies in the Consumer Packaged Goods industry, placing it in the top 66.6%.
Is McCormick's EV-to-EBIT too high?
McCormick's current EV-to-EBIT of 16.80 is 35% below median its 10-year median of 25.89. Over the past 10 years, this metric has ranged from a low of 15.56 to a high of 32.87. The Consumer Packaged Goods industry median EV-to-EBIT is 12.02. McCormick's value of 16.80 is 39.8% above this industry median. Based on the distribution chart, McCormick ranks #1037 out of 1558 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, McCormick has a GF Score™ of 72/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does McCormick's EV-to-EBIT compare to JBS and HRL?
According to the Consumer Packaged Goods industry distribution chart, McCormick ranks #1037 out of 1558 companies for EV-to-EBIT. This places McCormick in the lower half of its industry. The industry median EV-to-EBIT is 12.02. McCormick's value of 16.80 is 39.8% above this benchmark. Historically, McCormick's own EV-to-EBIT has ranged from 15.56 to 32.87 over the past decade. While the company's 10-year median is 25.89 vs. the industry median of 12.02, McCormick has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for a Consumer Packaged Goods company?
The median EV-to-EBIT among Consumer Packaged Goods companies is 12.02, based on 1,558 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. McCormick's current EV-to-EBIT of 16.80 is 39.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on McCormick and its competitors. For the Consumer Packaged Goods industry, the median EV-to-EBIT is 12.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. McCormick's current EV-to-EBIT is 16.80, which is 35% below median its own 10-year median of 25.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is McCormick stock overvalued right now?
Based on GuruFocus' analysis, McCormick (MKC) is currently considered Significantly Undervalued. The stock's GF Value™ is $80.15, compared to a current price of $51.59 — trading 35.6% below its estimated fair value. The current EV-to-EBIT is 16.80, which is 35% below median its 10-year median of 25.89 and 39.8% above the Consumer Packaged Goods industry median of 12.02. McCormick's overall GF Score™ is 72/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For McCormick (MKC), the current EV-to-EBIT is 16.80 as of Aug. 03, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is McCormick (MKC) Overvalued in 2026?
Based on GuruFocus' analysis, McCormick stock appears to be undervalued.
The current stock price of $51.59 is trading 35.6% below its estimated GF Value™ of $80.15.
GuruFocus considers McCormick to be Significantly Undervalued.
Key valuation signals for MKC:
EV-to-EBIT: 16.80 (35% below median its 10-year median of 25.89)
GF Value™: $80.15 vs. price of $51.59 (35.6% below fair value)
Industry Position: 39.8% above the Consumer Packaged Goods median (#1037 of 1558)
No single metric tells the full story. See the MKC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
In its 135-plus-year history, McCormick has become the leading global manufacturer of spices, herbs, extracts, seasonings, and other flavorings. In addition to its namesake brand, the firm's portfolio includes Old Bay, Zatarain's, Thai Kitchen, Frank's RedHot, French's, and Cholula. This mix will be complemented by the pending addition of Unilever's food brands, primarily Knorr cooking aids and Hellmann's mayonnaise. After the deal close, the combined business is slated to generate 70% of sales from consumers and 30% from restaurants and other packaged food and beverage manufacturers. Around 40% of sales are slated to come from faster-growing emerging markets, with Europe (23%) and North America (36%) accounting for the remainder.
72GF Score
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