Company
McCormick & Company, Incorporated
Headquarters: Hunt Valley, MD, United States
Founded: 1889
Employees: 14,000
CEO: Mr. Lawrence E. Kurzius
Market Cap
$18.51 Billion
USD as of Jan. 1, 2024
McCormick & Company, Incorporated Categories
United States Consumer Staples Packaged FoodsUnited States Consumer Staples United States Packaged Foods
Top Competitors by Market Capitalization
Industry: Packaged Foods
Sector:
| Company | Market Cap (USD) |
|---|---|
| Walmart | $428.87 B |
| Procter & Gamble | $350.35 B |
| Kweichow Moutai | $299.54 B |
| Costco | $287.69 B |
| L'Oréal | $262.20 B |
Detailed Description
McCormick & Company, Incorporated manufactures, markets, and distributes spices, seasoning mixes, condiments, and other flavorful products to the food industry. It operates in two segments, Consumer and Flavor Solutions. The Consumer segment offers spices, herbs, and seasonings, as well as condiments and sauces, and desserts. This segment markets its products under the McCormick, French's, Frank's RedHot, Lawry's Cholula Hot Sauce, Gourmet Garden, Club House, and OLD BAY brands in the Americas; Ducros, Schwartz, Kamis, and Drogheria & Alimentari, and Vahiné brands in Europe, the Middle East, and Africa; McCormick and DaQiao brands in China; and McCormick, Aeroplane, and Gourmet Garden brands in Australia, as well as markets regional and ethnic brands, such as Zatarain's, Stubb's, Thai Kitchen, and Simply Asia. It also supplies its products under the private labels. This segment serves retailers comprising grocery, mass merchandise, warehouse clubs, discount and drug stores, and e-commerce retailers directly and indirectly through distributors and wholesale foodservice suppliers. The Flavor Solutions segment offers seasoning blends, spices and herbs, condiments, coating systems, and compound flavors to multinational food manufacturers and foodservice customers. It serves foodservice customers directly and indirectly through distributors. The company was founded in 1889 and is headquartered in Hunt Valley, Maryland.
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Stocks & Indices
McCormick & Company, Incorporated has the following listings and related stock indices.
Stock: NYSE: MKC wb_incandescent
Stock: FSX: MCX wb_incandescent
Stock: NYSE: MKC.V wb_incandescent
Product & Services
Spices, herbs, flavorings
Key People
Founder(s): Willoughby Mc Cormick
Lawrence E. Kurzius, Chairman, President & CEO Mike Smith E VP & CFO
Financials
Revenue: US$6.317 Billion (Fiscal Year Ended November 30, 2021)
Operating income: US$1.015 Billion (Fiscal Year Ended November 30, 2021)
Net income: US$0.755 Billion (Fiscal Year Ended November 30, 2021)
Total assets: US$12.905 Billion (Fiscal Year Ended November 30, 2021)
Total equity: US$4.425 Billion (Fiscal Year Ended November 30, 2021)