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COMPANY BENCHMARKING • UNITED STATES

Mccormick & Co Inc. - Company Profile

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Mccormick & Co Inc. - Overview

Brands
Aeroplane, Billy Bee, Cattlemen's, Cholula, Club House, Ducros, El Guapo, Fona International, Frank's RedHot, French's, Lawry's, McCormick, OLD BAY Seasoning, Stubb's, Thai Kitchen, Zatarains
Description
Mccormick is a public company headquartered in Maryland with an estimated 14,000 employees. In the US, the company has a notable market share in at least four industries: Seasoning, Sauce and Condiment Production, Hot Sauce Production, BBQ Sauce Production, Table Salt Production and Seasoning, Sauce and Condiment Production. Their largest market share is in the Table Salt Production industry, where they account for an estimated 70.6% of total industry revenue.
Company Details

Registered Name: Mccormick & Co Inc.

Company Type: Operating

Exchange: NYSE

Headquarters: 24 Schilling Road Suite 1 Hunt Valley MD 21031

Website: http://www.mccormickcorporation.com

Employees: 14000

Mccormick & Co Inc. - Operating Industries and Main Competitors

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Mccormick & Co Inc. - Products and Services

  • BBQ Sauce Production

    • Of the 3 core revenue-generating products and services in the BBQ Sauce Production industry, Mccormick & Co Inc. offers:
    • Specialty, regional and flavored barbecue sauces

  • Hot Sauce Production

    • Of the 3 core revenue-generating products and services in the Hot Sauce Production industry, Mccormick & Co Inc. offers:
    • Hot
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Mccormick & Co Inc. - Analyst Insights

McCormick undergoes growth with Q1 2022 financial earnings

On March 29, 2022, McCormick released its Q1 2022 earnings as the company reported growth in the period with sales increasing by 3.0% The company stated that its flavor business segment had outperformed expectations with it undergoing the most growth. The company cited that the reopening of the economy in the restaurant industry had fueled this robust movement in this sector. The company did cite inflation and supply-chain issues as challenging the company in the period. However, McCormick reiterated that it will continue to deliver another year of growth for 2022.

Balance Sheet


In response to volatile demand in the wake of the first COVID-19 surge, the company undertook a comprehensive cost reduction program, aimed at shoring up labor and supply costs.

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Mccormick & Co Inc. - SWOT Analysis

Strengths and weaknesses take into account internal factors, and are based on Mccormick & Co Inc.'s performance in comparison to its competitors. Opportunities and Threats focus on external influences, and are based on trends and demand in the Seasoning, Sauce and Condiment Production in the US, BBQ Sauce Production, and Hot Sauce Production industries.
Strengths
Days Receivables: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Annual Turnover: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Weaknesses
Credit Risk: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Revenue per Employee: $xx
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Opportunities
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Threats
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Mccormick & Co Inc. - Financial Statements & Ratios

pie_chartMccormick & Co Inc. Income Statement

BALANCE DATE12/31/202112/31/202012/31/201912/31/201812/31/201712/31/2016
Revenue6,317.95,601.35,347.45,302.84,730.34,411.5
Cost of Revenue000000000000000000000000
Cost of Revenue, Non-Cash000000000000000000000000
Gross Profit000000000000000000000000
AAAAAA AAAAAA000000000000000000000000

pie_chartMccormick & Co Inc. Balance Sheet

BALANCE DATE12/31/202112/31/202012/31/201912/31/201812/31/201712/31/2016
Cash and Equivalents351.7423.6155.496.6186.8118.4
Short-Term Investments000000000000000000000000
Derivative Assets, Current000000000000000000000000
Restricted Cash and Investments000000000000000000000000
AAAAAA AAAAAA000000000000000000000000

pie_chartMccormick & Co Inc. Cash Flow

BALANCE DATE12/31/202112/31/202012/31/201912/31/201812/31/201712/31/2016
Net IncomeN/AN/AN/AN/AN/AN/A
Income (Loss) From Discontinued Operations000000000000000000000000
Depreciation, Depletion and Amortization000000000000000000000000
Amortization of Financing Costs and Discounts000000000000000000000000
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