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McCormick (FRA:MCX) Market Cap : €20,638 Mil (As of Dec. 15, 2024)


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What is McCormick Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). McCormick's share price for the quarter that ended in Aug. 2024 was €71.88. McCormick's Shares Outstanding (EOP) for the quarter that ended in Aug. 2024 was 268 Mil. Therefore, McCormick's market cap for the quarter that ended in Aug. 2024 was €19,290 Mil.

McCormick's quarterly market cap increased from Feb. 2024 (€16,685 Mil) to May. 2024 (€17,493 Mil) and increased from May. 2024 (€17,493 Mil) to Aug. 2024 (€19,290 Mil).

McCormick's annual market cap increased from Nov. 2021 (€20,545 Mil) to Nov. 2022 (€21,762 Mil) but then declined from Nov. 2022 (€21,762 Mil) to Nov. 2023 (€15,807 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. McCormick's Enterprise Value for Today is €24,827 Mil.


McCormick Market Cap Historical Data

The historical data trend for McCormick's Market Cap 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 Market Cap Chart

McCormick Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 40,741.82 20,759.48 20,544.68 21,761.60 15,807.18

McCormick Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
Market Cap 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 20,624.00 15,807.18 16,684.55 17,493.19 19,289.50

Competitive Comparison of McCormick's Market Cap

For the Packaged Foods subindustry, McCormick's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where McCormick's Market Cap falls into.



McCormick Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

McCormick's Market Cap for the fiscal year that ended in Nov. 2023 is calculated as

Market Cap (A: Nov. 2023 )=Share Price (A: Nov. 2023 )*Shares Outstanding (EOP) (A: Nov. 2023 )
=€58.96*268.1
=€15,807

McCormick's Market Cap for the quarter that ended in Aug. 2024 is calculated as

Market Cap (Q: Aug. 2024 )=Share Price (Q: Aug. 2024 )*Shares Outstanding (EOP) (Q: Aug. 2024 )
=€71.88*268.357
=€19,290

* 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  (FRA:MCX) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


McCormick Market Cap Related Terms

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McCormick Business Description

Address
24 Schilling Road, Suite 1, Hunt Valley, MD, USA, 21031
In its 135-year history, McCormick has grown to become the leading global manufacturer, marketer, and distributor of spices, herbs, extracts, seasonings, and other flavorings. Beyond 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 extensive, 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 Cholula, among others.

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