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McCormick (McCormick) Price-to-Free-Cash-Flow

: 19.80 (As of Today)
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As of today (2024-04-19), McCormick's share price is $73.92. McCormick's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Feb. 2024 was $3.73. Hence, McCormick's Price-to-Free-Cash-Flow Ratio for today is 19.80.

The historical rank and industry rank for McCormick's Price-to-Free-Cash-Flow or its related term are showing as below:

MKC' s Price-to-Free-Cash-Flow Range Over the Past 10 Years
Min: 17.93   Med: 27.68   Max: 59.78
Current: 19.78

During the past 13 years, McCormick's highest Price-to-Free-Cash-Flow Ratio was 59.78. The lowest was 17.93. And the median was 27.68.

MKC's Price-to-Free-Cash-Flow is ranked worse than
58.9% of 1107 companies
in the Consumer Packaged Goods industry
Industry Median: 15.21 vs MKC: 19.78

McCormick's Free Cash Flow per Share for the three months ended in Feb. 2024 was $0.28. Its Free Cash Flow per Share for the trailing twelve months (TTM) ended in was $3.73.

During the past 12 months, the average Free Cash Flow per Share Growth Rate of McCormick was 120.30% per year. During the past 3 years, the average Free Cash Flow per Share Growth Rate was 6.00% per year. During the past 5 years, the average Free Cash Flow per Share Growth Rate was -1.50% per year. During the past 10 years, the average Free Cash Flow per Share Growth Rate was 5.90% per year.

During the past 13 years, McCormick's highest 3-Year average Free Cash Flow per Share Growth Rate was 207.20% per year. The lowest was -31.20% per year. And the median was 9.20% per year.


McCormick Price-to-Free-Cash-Flow Historical Data

The historical data trend for McCormick's Price-to-Free-Cash-Flow can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

McCormick Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Price-to-Free-Cash-Flow
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 29.34 30.83 42.09 59.07 17.97

McCormick Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Price-to-Free-Cash-Flow Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 43.85 37.77 28.43 17.97 18.44

Competitive Comparison

For the Packaged Foods subindustry, McCormick's Price-to-Free-Cash-Flow, along with its competitors' market caps and Price-to-Free-Cash-Flow data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


McCormick Price-to-Free-Cash-Flow Distribution

For the Consumer Packaged Goods industry and Consumer Defensive sector, McCormick's Price-to-Free-Cash-Flow distribution charts can be found below:

* The bar in red indicates where McCormick's Price-to-Free-Cash-Flow falls into.



McCormick Price-to-Free-Cash-Flow Calculation

McCormick's Price-to-Free-Cash-Flow ratio for today is calculated as

Price-to-Free-Cash-Flow Ratio=Share Price/ Free Cash Flow per Share (TTM)
=73.92/3.734
=19.80

McCormick's Share Price of today is $73.92.
McCormick's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $3.73.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

Price-to-Free-Cash-Flow Ratio=Market Cap/Free Cash Flow

McCormick  (NYSE:MKC) Price-to-Free-Cash-Flow Explanation

Free Cash Flow is considered more important than earnings by value investors. The reason is because, in principle, only the net cash that can be taken from the business belongs to shareholders. This Free Cash Flow can be used to grow the business, reduce debt or return to shareholders in dividends or share buybacks.

In a DCF Calculation Free Cash Flow is used to determine the intrinsic value of companies.


Be Aware

In real business, Free Cash Flow can be affected by the change in accounts receivable, accounts payable, management's decision on expansion, etc. Therefore, investors should look at the Free Cash Flow over the longer term. Long-term average of Free Cash Flow is a more reliable indicator for real free cash flow.


McCormick Price-to-Free-Cash-Flow Related Terms

Thank you for viewing the detailed overview of McCormick's Price-to-Free-Cash-Flow provided by GuruFocus.com. Please click on the following links to see related term pages.


McCormick (McCormick) Business Description

Address
24 Schilling Road, Suite 1, Hunt Valley, MD, USA, 21031
In its more-than 130-year history, McCormick has grown to become the leading global manufacturer, marketer, and distributor of spices, herbs, extracts, seasonings, and other flavorings. Beyond end consumers, McCormick's customer base also includes top quick-service restaurants, retail grocery chains, and other packaged food and beverage manufacturers. And its reach is global, with nearly 40% of sales generated beyond its home turf to include 150 other countries and territories. In addition to its namesake brand, the firm's portfolio includes Old Bay, Zatarain's, Thai Kitchen, Frank's RedHot, French's, and the Cholula brand.
Executives
Jeffery D Schwartz officer: Vice President, Gen Counsel 18 LOVETON CIRCLE, SPARKS MD 21152
Michael D Mangan director 2041 ISLA VISTA LANE, NAPLES FL 34105
Jacques Tapiero director MCCORMICK & COMPANY, INC., SPARKS MD 21152
Andrew Foust officer: President, Americas 24 SCHILLING ROAD, SUITE 1, HUNT VALLEY MD 21031
Ana Sanchez officer: President EMEA 24 SCHILLING ROAD, SUITE 1, HUNT VALLEY MD 21031
Katherine Jenkins officer: C.S.O. & SVP Investor Relation 24 SCHILLING ROAD, SUITE 1, HUNT VALLEY MD 21031
Lawrence Erik Kurzius director, officer: Chairman, President & CEO 18 LOVETON CIRCLE, SPARKS MD 21152
Sarah Piper officer: Chief Human Relations Officer 24 SCHILLING ROAD, SUITE 1, HUNT VALLEY MD 21031
Brendan M Foley officer: President Global Consumer 18 LOVETON CIRCLE, SPARKS MD 21152
Preston Margaret M V director MERCANTILE-SAFE DEPOSIT & TRUST CO, 2 HOPKINS PLZ, BALTIMORE MD 21201
Michael R Smith officer: Executive VP & CFO 18 LOVETON CIRCLE, SPARKS MD 21152
Patricia A Little director 999 W BIG BEAVER ROAD, TROY MI 48084
Malcolm Swift officer: President Global Industrial & 18 LOVETON CIRCLE, SPARKS MD 21152
Lisa Manzone officer: Sr. VP Global Human Relations 18 LOVETON CIRCLE, SPARKS MD 21152
Maritza Gomez Montiel director C/O APTARGROUP, INC., 265 EXCHANGE DRIVE, SUITE 100, CRYSTAL LAKE IL 60014