Company

McCormick & Company, Incorporated

Headquarters: Hunt Valley, MD, United States

Founded: 1889

Employees: 14,000

CEO: Mr. Lawrence E. Kurzius

NYSE: MKC -0.10%

Market Cap

$18.51 Billion

USD as of Jan. 1, 2024

Market Cap History

McCormick & Company, Incorporated market capitalization over time

Evolution of McCormick & Company, Incorporated market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

Market Cap History of McCormick & Company, Incorporated

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)

Details

Headquarters:

24 Schilling Road

Suite 1

Hunt Valley, MD 21031

United States

Phone: 410 771 7301