McCormick & Company Incorporated

NYSE MKC-V

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McCormick & Company Incorporated Price to Sales Ratio (P/S) on June 03, 2024: 2.86

McCormick & Company Incorporated Price to Sales Ratio (P/S) is 2.86 on June 03, 2024, a NA change year over year. The price to sales ratio compares the market price per share of a company's stock to its sales revenue per share. It is calculated by dividing the market capitalization by the revenue, divided by the number of outstanding shares. This ratio provides insights into the market's valuation of a company's sales revenue. A higher ratio suggests that investors are willing to pay a higher price for each unit of sales revenue, indicating positive market sentiment and expectations for future revenue growth.

McCormick & Company Incorporated 52-week high Price to Sales Ratio (P/S) is 3.14 on May 10, 2024, which is 9.74% above the current Price to Sales Ratio (P/S).
McCormick & Company Incorporated 52-week low Price to Sales Ratio (P/S) is 2.50 on February 07, 2024, which is -12.68% below the current Price to Sales Ratio (P/S).
McCormick & Company Incorporated average Price to Sales Ratio (P/S) for the last 52 weeks is 2.83.

NYSE: MKC-V

McCormick & Company Incorporated

CEO	-
IPO Date	Oct. 7, 2003
Location	United States
Headquarters	24 Schilling Road, Hunt Valley, MD, United States, 21031
Employees	13,800
Sector	Consumer Defensive
Industry	Packaged foods

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, LA Drogheria, and Vahiné brands in Europe, the Middle East, and Africa; McCormick and DaQiao brands in the Asia/Pacific; McCormick, Aeroplane, and Gourmet Garden brands in China; and the McCormick brand and other 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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