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McCormickMKC +2.17%72 EV-to-OCF is 16.54 as of Aug. 19, 2026, which is 39% below its 10-year median of 27.30. GuruFocus rates MKC with a GF Score™ of 72/100 and a GF Value™ of $80.62 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 1,984 Consumer Packaged Goods companies, McCormick ranks worse than 73.89% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, McCormick's Enterprise Value is $20,367 Mil.
McCormick's Cash Flow from Operations for the trailing twelve months (TTM) ended in May. 2026 was $1,232 Mil. Therefore, McCormick's EV-to-OCF for today is 16.54.
The historical rank and industry rank for McCormick's EV-to-OCF or its related term are showing as below:
MKC'
s EV-to-OCF Range Over the Past 10 Years
Min: 14.4 Med: 27.3 Max: 43.44
Current: 16.54
During the past 13 years, the highest EV-to-OCF of McCormick was 43.44. The lowest was 14.40. And the median was 27.30.
MKC's EV-to-OCF is ranked worse than 73.89% of 1984
companies
in the Consumer Packaged Goods industry
Industry Median: 8.265
vs MKC: 16.54
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
McCormick's share price for today is $56.48.
McCormick's Earnings per Share (Diluted) 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 $6.010.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.
McCormick EV-to-OCF Related Terms
McCormick EV-to-OCF Historical Data
* Premium members only.
The historical data trend for McCormick's EV-to-OCF 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-OCF, along with its competitors' market caps and EV-to-OCF 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-OCF vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, McCormick's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where McCormick's EV-to-OCF falls into.
McCormick's current Enterprise Value is $20,367 Mil.
McCormick's Cash Flow from Operations 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 $1,232 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-OCF of 16.54 as of Aug. 19, 2026. This is 39% below median its historical median of 27.30. Over the past decade, McCormick's EV-to-OCF has ranged from 14.40 to 43.44. According to the industry distribution chart, McCormick ranks #1466 out of 1984 companies in the Consumer Packaged Goods industry, placing it in the top 73.9%.
Is McCormick's EV-to-OCF too high?
McCormick's current EV-to-OCF of 16.54 is 39% below median its 10-year median of 27.30. Over the past 10 years, this metric has ranged from a low of 14.40 to a high of 43.44. The Consumer Packaged Goods industry median EV-to-OCF is 8.27. McCormick's value of 16.54 is 100.1% above this industry median. Based on the distribution chart, McCormick ranks #1466 out of 1984 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-OCF compare to JBS and HRL?
According to the Consumer Packaged Goods industry distribution chart, McCormick ranks #1466 out of 1984 companies for EV-to-OCF. This places McCormick in the lower half of its industry. The industry median EV-to-OCF is 8.27. McCormick's value of 16.54 is 100.1% above this benchmark. Historically, McCormick's own EV-to-OCF has ranged from 14.40 to 43.44 over the past decade. While the company's 10-year median is 27.30 vs. the industry median of 8.27, 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-OCF for a Consumer Packaged Goods company?
The median EV-to-OCF among Consumer Packaged Goods companies is 8.27, based on 1,984 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. McCormick's current EV-to-OCF of 16.54 is 100.1% 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-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Consumer Packaged Goods industry, the median EV-to-OCF is 8.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. McCormick's current EV-to-OCF is 16.54, which is 39% below median its own 10-year median of 27.30. 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 $80.62, compared to a current price of $56.48 — trading 29.9% below its estimated fair value. The current EV-to-OCF is 16.54, which is 39% below median its 10-year median of 27.30 and 100.1% above the Consumer Packaged Goods industry median of 8.27. 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-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For McCormick (MKC), the current EV-to-OCF is 16.54 as of Aug. 19, 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 $56.48 is trading 29.9% below its estimated GF Value™ of $80.62.
GuruFocus considers McCormick to be Significantly Undervalued.
Key valuation signals for MKC:
EV-to-OCF: 16.54 (39% below median its 10-year median of 27.30)
GF Value™: $80.62 vs. price of $56.48 (29.9% below fair value)
Industry Position: 100.1% above the Consumer Packaged Goods median (#1466 of 1984)
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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