Company profile

Ticker
MKC
Exchange
CEO
Lawrence Erik Kurzius
Employees
Incorporated in
Location
Fiscal year end
Former names
MCCORMICK & CO
SEC CIK
IRS number
520408290

MKC stock data

(
)
FINRA relative short interest over last month (20 trading days) ?

Investment data

Data from SEC filings
Securities sold
Number of investors

Calendar

31 Mar 20
4 Apr 20
30 Nov 20

News

Company financial data Financial data

Quarter (USD) Feb 20 Nov 19 Aug 19 May 19
Revenue 1.21B 1.48B 1.33B 1.3B
Net income 144.7M 213.4M 191.9M 149.4M
Diluted EPS 1.08 1.59 1.43 1.12
Net profit margin 11.94% 14.37% 14.44% 11.48%
Operating income 194.2M 299.2M 253.5M 208.1M
Net change in cash 15.4M -7.5M 23.5M 37.1M
Cash on hand 170.8M 155.4M 162.9M 139.4M
Cost of revenue 742.1M 854.8M 789.3M 793.4M
Annual (USD) Nov 19 Nov 18 Nov 17 Nov 16
Revenue 5.35B 5.3B 4.73B 4.41B
Net income 702.7M 933.4M 477.4M 472.3M
Diluted EPS 5.24 7 3.72 3.69
Net profit margin 13.14% 17.60% 10.09% 10.71%
Operating income 957.7M 891.1M 699.8M 641M
Net change in cash 58.8M -90.2M 68.4M 5.8M
Cash on hand 155.4M 96.6M 186.8M 118.4M
Cost of revenue 3.2B 3.21B 2.94B 2.58B

Financial data from company earnings reports

Date Owner Security Transaction Code $Price #Shares $Value #Remaining
1 Apr 20 Mangan Michael D Options - Right to Buy Common Stock - Voting Grant Aquire A 138.62 2,262 313.56K 2,262
1 Apr 20 Mangan Michael D RSU Common Stock - Voting Grant Aquire A 0 734 0 734
1 Apr 20 Tapiero Jacques Options - Right to Buy Common Stock - Voting Grant Aquire A 138.62 2,262 313.56K 2,262
1 Apr 20 Tapiero Jacques RSU Common Stock - Voting Grant Aquire A 0 734 0 734
1 Apr 20 Preston Margaret M V Options - Right to Buy Common Stock - Voting Grant Aquire A 138.62 2,262 313.56K 2,262
1 Apr 20 Preston Margaret M V RSU Common Stock - Voting Grant Aquire A 0 734 0 734
1 Apr 20 Little Patricia A Options - Right to Buy Common Stock - Voting Grant Aquire A 138.62 2,262 313.56K 2,262
1 Apr 20 Little Patricia A RSU Common Stock - Voting Grant Aquire A 0 734 0 734
1 Apr 20 Montiel Maritza Gomez Options - Right to Buy Common Stock - Voting Grant Aquire A 138.62 2,262 313.56K 2,262
1 Apr 20 Montiel Maritza Gomez RSU Common Stock - Voting Grant Aquire A 0 734 0 734
77.8% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 858 825 +4.0%
Opened positions 110 76 +44.7%
Closed positions 77 73 +5.5%
Increased positions 273 282 -3.2%
Reduced positions 316 302 +4.6%
13F shares
Current Prev Q Change
Total value 147.13B 133.38B +10.3%
Total shares 96.15M 98.08M -2.0%
Total puts 299.5K 501K -40.2%
Total calls 362.6K 399.5K -9.2%
Total put/call ratio 0.8 1.3 -34.1%
Largest owners
Shares Value Change
Vanguard 14.93M $2.53B +1.2%
BLK BlackRock 10.25M $1.74B -2.1%
State Farm Mutual Automobile Insurance 8.79M $1.49B -6.9%
STT State Street 6.8M $1.16B -0.2%
BEN Franklin Resources 2.66M $450.64M +0.1%
Clearbridge Advisors 2.18M $364.6M +1.4%
Geode Capital Management 2M $338.53M +3.5%
NTRS Northern Trust 1.46M $248.39M -3.8%
JHG Janus Henderson 1.14M $192.91M -27.8%
IVZ Invesco 1.12M $189.96M -42.4%
Largest transactions
Shares Bought/sold Change
Norges Bank 993.83K +993.83K NEW
FMR 346.26K -943.71K -73.2%
IVZ Invesco 1.12M -823.01K -42.4%
State Farm Mutual Automobile Insurance 8.79M -649K -6.9%
GS The Goldman Sachs Group, Inc. 1.11M -483.61K -30.4%
JHG Janus Henderson 1.14M -438.09K -27.8%
MS Morgan Stanley 924.37K +372.06K +67.4%
BAC Bank of America 739.48K -261.12K -26.1%
Putnam Investments 874.77K -232.28K -21.0%
BLK BlackRock 10.25M -222.62K -2.1%

Financial report summary

?
Risks
  • Damage to our reputation or brand name, loss of brand relevance, increase in use of private label or other competitive brands by customers or consumers, or product quality or safety concerns could negatively impact our business, financial condition or results of operations.
  • Customer consolidation, and competitive, economic and other pressures facing our customers, may put pressure on our operating margins and profitability.
  • Our profitability may suffer as a result of competition in our markets.
  • Laws and regulations could adversely affect our business.
  • Our operations may be impaired as a result of disasters, business interruptions or similar events.
  • We may not be able to successfully consummate and manage ongoing acquisition, joint venture and divestiture activities which could have an impact on our results.
  • An impairment of the carrying value of goodwill or other indefinite-lived intangible assets could adversely affect our results.
  • Our foreign and cross-border operations are subject to additional risks.
  • Fluctuations in foreign currency markets may negatively impact us.
  • The decision by British voters to exit the European Union may negatively impact our operations.
  • Increases in interest rates or changes in our credit ratings may negatively impact us.
  • Our credit ratings impact the cost and availability of future borrowings and, accordingly, our cost of capital.
  • We have incurred additional indebtedness to finance the acquisition of RB Foods and may not be able to meet our debt service requirements.
  • The deterioration of credit and capital markets may adversely affect our access to sources of funding.
  • The uncertainty regarding the potential phase-out of LIBOR may negatively impact our operating results.
  • We face risks associated with certain pension assets and obligations.
  • Uncertain global economic conditions expose us to credit risks from customers and counterparties.
  • Our operations and reputation may be impaired if our information technology systems fail to perform adequately or if we are the subject of a data breach or cyber-attack.
  • The global nature of our business, changes in tax legislation and the resolution of tax uncertainties create volatility in our effective tax rate.
  • Climate change may negatively affect our business, financial condition and results of operations.
  • Our intellectual property rights, and those of our customers, could be infringed, challenged or impaired, and reduce the value of our products and brands or our business with customers.
  • Litigation, legal or administrative proceedings could have an adverse impact on our business and financial condition or damage our reputation.
  • Streamlining actions to reduce fixed costs, simplify or improve processes, and improve our competitiveness may have a negative effect on employee relations.
  • If we are unable to fully realize the benefits from our CCI program, our financial results could be negatively affected.
  • The declaration, payment and amount of dividends is made at the discretion of our board of directors and depends on a number of factors.
Content analysis ?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. sophomore Avg
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