McCormick & Company manufactures, markets and distributes spices, seasoning mixes, condiments and other flavorful products to the food industry. The Company's consumer segment offers spices, herbs, and seasonings, as well as desserts, and markets them under various brand names. Its industry segment provides seasoning blends, spices and herbs, condiments, coating systems and compound flavors to multinational food manufacturers and foodservice customers.

TypePublic
HQSparks , US
Founded1889
Size (employees)11,700 (est)+12%
Websitemccormickcorporation.com
McCormick & Company was founded in 1889 and is headquartered in Sparks , US
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Key People/Management at McCormick & Company

Lawrence E. Kurzius

Lawrence E. Kurzius

Chairman, President and Chief Executive Officer
Lisa Manzone

Lisa Manzone

Senior Vice President, Human Relations
Malcolm Swift

Malcolm Swift

President, Global Industrial & International Business
Brendan Foley

Brendan Foley

President, Global Consumer and Americas
Jeffery Schwartz

Jeffery Schwartz

Vice President, General Counsel & Secretary
Nneka Rimmer

Nneka Rimmer

Senior Vice President of Strategy and Global Enablement
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McCormick & Company Office Locations

McCormick & Company has an office in Sparks
Sparks , US (HQ)
18 Loveton Circle
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McCormick & Company Financials and Metrics

McCormick & Company Revenue

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McCormick & Company's revenue was reported to be $4.41 b in FY, 2016 which is a 2.7% increase from the previous period.
USD

EBIT (Q3, 2018)

233.0m

Market capitalization (18-Oct-2018)

18.1b

Closing stock price (18-Oct-2018)

137.5

Cash (31-Aug-2018)

73.0m
McCormick & Company's current market capitalization is $18.1 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

4.1b4.2b4.3b4.4b

Revenue growth, %

3%1%3%

Cost of goods sold

2.5b2.5b2.6b2.6b

Gross profit

1.7b1.7b1.7b1.8b
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Net Income

82.5m84.5m122.9m70.5m84.3m97.6m93.4m93.8m127.7m93.5m100.0m108.2m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

63.0m77.3m112.6m118.4m

Accounts Receivable

Inventories

676.9m713.8m710.8m756.3m

Current Assets

1.4b1.4b1.4b1.4b1.6b
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q3, 2018

Cash

89.4m81.4m93.8m81.8m89.5m108.4m111.8m131.5m134.2m125.7m130.0m166.1m73.0m

Current Assets

1.3b1.3b1.4b1.3b1.4b1.4b1.3b1.4b1.5b1.4b1.4b1.6b1.6b

PP&E

571.0m575.0m578.8m580.6m590.1m589.1m609.1m637.1m641.1m682.8m703.8m765.4m961.0m

Goodwill

1.8b1.8b1.8b1.7b1.7b1.8b1.8b1.8b1.8b1.9b1.9b4.5b4.6b
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

389.0m437.9m401.6m472.3m

Inventories

Accounts Payable

Interest Paid

72.1m
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Net Income

82.5m84.5m122.9m70.5m84.3m97.6m93.4m93.8m127.7m93.5m100.0m

Accounts Payable

337.8m336.1m336.7m366.2m361.0m448.4m453.1m
USDY, 2018

Financial Leverage

3.3 x
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McCormick & Company Operating Metrics

FY, 2014FY, 2015FY, 2016

Countries

135 140 150
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McCormick & Company Revenue Breakdown

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McCormick & Company revenue breakdown by business segment: 37.6% from Industrial and 62.4% from Consumer

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McCormick & Company Online and Social Media Presence

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McCormick & Company News and Updates

Packaged Coconut Milk market to grow at a CAGR of 8.16% | Leading Key Players : Goya Foods, McCormick & Company

Coconut milk is a sweet, milky white liquid that is obtained from the grated meat of mature coconut. The rich taste and color of coconut milk can be attributed to the high oil and sugar content in it. Coconut milk is known by different names in different countries. In Malaysia and Indonesia, coconut…
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McCormick & Company Blogs

McCormick & Company Enters Its Next Chapter, Opens New Global Headquarters

McCormick & Company Enters Its Next Chapter, Opens New Global Headquarters Norman.Lui@nas… Tue, 10/02/2018 - 11:03 McCormick & Company Enters Its Next Chapter, Opens New Global Headquarters October 2, 2018 at 11:00 AM EDT This release is a backfill fro…

McCormick Reports Double Digit Third Quarter Sales and Profit Growth and Increases 2018 Earnings Per Share Outlook

McCormick Reports Double Digit Third Quarter Sales and Profit Growth and Increases 2018 Earnings Per Share Outlook Lisa.Rafferty@… Thu, 09/27/2018 - 06:31 McCormick Reports Double Digit Third Quarter Sales and Profit Growth and Increases 2018 Earnings Per Share Outlook Septe…

McCormick & Company's 2018 Third Quarter Results Conference Call to be Available on the Web

McCormick & Company's 2018 Third Quarter Results Conference Call to be Available on the Web Content Import Thu, 09/13/2018 - 08:04 McCormick & Company's 2018 Third Quarter Results Conference Call to be Available on the Web September 13, 2018 at 8:00 AM EDT …

McCormick & Company Company Life and Culture

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