McCormick & Company (MKC) valuation
McCormick & P/E ratio history
McCormick & trades at 8.6 times its earnings over the last twelve months and 14.8 times the earnings analysts expect over the next twelve. At its last 10 fiscal year ends its P/E ranged from 21.4 (year to Nov 2018) to 33.8 (year to Nov 2022), with a median of 27.2.
| Fiscal year ended | Price | EPS | P/E | Forward P/E |
|---|---|---|---|---|
| Nov 30, 2025 | $67.48 | $2.93 | 23.0 | 21.5 |
| Nov 30, 2024 | $78.41 | $2.92 | 26.9 | 25.5 |
| Nov 30, 2023 | $64.83 | $2.52 | 25.7 | 23.0 |
| Nov 30, 2022 | $85.18 | $2.52 | 33.8 | — |
| Nov 30, 2021 | $85.82 | $2.80 | 30.7 | 28.0 |
| Nov 30, 2020 | $93.49 | $2.77 | 33.8 | — |
| Nov 30, 2019 | $84.62 | $2.62 | 32.3 | — |
| Nov 30, 2018 | $75.00 | $3.50 | 21.4 | — |
| Nov 30, 2017 | $51.09 | $1.85 | 27.6 | — |
| Nov 30, 2016 | $45.60 | $1.85 | 24.7 | — |
n/m: not meaningful (a loss, or earnings close to zero). The daily P/E line is a chart indicator in the app.
McCormick & valuation against its peers
| Company | Market value | P/E | Forward P/E | Price / sales |
|---|---|---|---|---|
| McCormick &MKC | $12.7B | 8.6 | 14.8 | 1.7 |
| Hormel FoodsHRL | $11.7B | 33.8 | 13.8 | 1.0 |
| J.M. Smucker Company (The)SJM | $13.9B | 60.7 | 12.5 | 1.5 |
| General MillsGIS | $18.3B | — | 11.1 | 1.0 |
| Tyson FoodsTSN | $20.1B | 35.2 | 15.0 | 0.4 |
| Conagra BrandsCAG | $6.97B | — | 9.9 | 0.6 |
| Campbell's Company (The)CPB | $6.39B | 16.4 | 12.6 | 0.7 |
| Kraft HeinzKHC | $28.9B | — | 11.8 | 1.2 |
| Hershey Company (The)HSY | $33.3B | 18.7 | — | 2.7 |
| Peer median | 33.8 | 12.5 | 1.0 |
Reading these multiples
The P/E divides the share price by earnings per share over the last twelve months; the forward P/E divides it by the earnings analysts expect over the next twelve. Price to sales compares the company's market value with its revenue over the last twelve months. A multiple reads differently from one industry to the next, so the peer group above is the fairer comparison.
See also: MKC financials · MKC returns
No forecast, no recommendation. This page describes McCormick & Company from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.