MKC
McCormick & Company, IncorporatedEvidence as of 2026-09-03Overview · McCormick & Company, Incorporated
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, Ch…
Management team
- Mr. Andrew Foust · President of AmericasFind on LinkedIn
- Ms. Sarah J. Piper · Chief Human Relations OfficerFind on LinkedIn
- Mr. Jeffery D. Schwartz · VP, General Counsel & Corporate SecretaryFind on LinkedIn
- Mr. Brendan M. Foley · President, CEO & ChairmanFind on LinkedIn
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Links open LinkedIn searches, not verified profiles. Team data from our market-data vendor's company profile.
Moneyta sentiment
Where the published evidence leans after the desk debated it — not a rating or a recommendation.
+0.4 on a −2 to +2 scale.
What builds the score
Solid bars are analyst rubric scores; faded bars are computed directly from data. Claims dropped in debate count for nothing; weakened claims count at half weight.
Editor's note
Written after the debate settled — the rest of the page is the evidence behind it.
The evidence balance is Mixed (+ 0.4 of a possible + 2; was + 0.4 before debate) · confidence high. Reported revenue increased from $ 1,873,900,000 in fiscal Q1 2026 (fiscal quarter ended 2026-02-28) to $ 1,936,600,000 in fiscal Q2 2026 (fiscal quarter ended 2026-05-31). Gross profit rose from $ 708,900,000 to $ 778,200,000 across those quarters, implying gross margin moved from about 37.8% in fiscal Q1 2026 to about 40.2% in fiscal Q2 2026.
Operating income increased from $ 227,500,000 to $ 276,400,000, lifting operating margin from about 12.1% to about 14.3%, and net income rose from $ 101,620,000 to $ 150,100,000. Weighted-average diluted shares outstanding edged down from 269,400,000 to 269,200,000, long-term debt fell slightly from $ 3,613,500,000 as of 2026-02-28 to $ 3,606,900,000 as of 2026-05-31 while stockholders’ equity rose from $ 6,980,300,000 to $ 6,995,600,000.
How this note was made
every stage ran before the note was writtenAnalyst desk
Mercer, Oakes, Nash, Ellis, Yates, Talbot and Archer. The desk: named AI agents, not people. Each reads one slice of the evidence and nothing else — no outside knowledge, no browsing — so every finding traces to a source you can open.
Reads the XBRL figures companies file with the SEC — revenue, margins, income, debt and share count, quarter by quarter — and reports which way the trend is running.
Reported revenues increased from $1,873,900,000 in fiscal Q1 2026 (2025-12-01 to 2026-02-28, 3mo) to $1,936,600,000 in fiscal Q2 2026 (2026-03-01 to 2026-05-31, 3mo).
XBRL companyfacts · 0000063754-26-000192Gross profit rose from $708,900,000 in fiscal Q1 2026 (2025-12-01 to 2026-02-28, 3mo) to $778,200,000 in fiscal Q2 2026 (2026-03-01 to 2026-05-31, 3mo), implying gross margin moved from about 37.8% in Q1 2026 to about 40.2% in Q2 2026 (gross profit divided by revenue for each quarter).
XBRL companyfacts · 0000063754-26-000192Reads the filings themselves, above all the year-over-year diff of Item 1A risk factors: which risks a company added, dropped or quietly reworded since its last annual report.
Which filings the desk reads
The desk reads the annual 10-K in full — its risk factors, and how they changed since last year. Quarterly 10-Qs and event filings (8-Ks, insider Form 4s) are listed for context but not read line by line: the 10-K is where the material risk disclosures live. A brand-new company, or one we have only just begun tracking, may have no annual report on file yet — its risk analysis fills in once that lands.
An Form 8-K filing for the company is present in the provided evidence set and was filed on 2026-08-28.
8-K filed 2026-08-28Two Form 4 filings for the company are present in the provided evidence set and were filed on 2026-08-25.
4 filed 2026-08-25Reads the signal panel above — momentum, volatility, drawdown, relative strength and beta — and ranks each against the whole research universe rather than judging it in isolation.
As of 2026-09-02, the stock's trailing twelve-month dividend yield is +3.51% and its dividend yield ranks in the 85th percentile of the 547-stock research universe.
Moneyta signal set · 2026-09-02As of 2026-09-02, the 3-year maximum drawdown is -44.3% and the drawdown from the 3-year high is -33.6%; the 3-year drawdown ranks in the 24th percentile of the 547-stock research universe.
Moneyta signal set · 2026-09-02Reads which funds hold the name and at what weight, plus insider Form 4 filings, to show the exposure you may already carry through index funds.
As of 2026-09-02, the ETF IVV held MKC at a weight of 0.02% of the fund.
ETF constituents · market dataTwo Form 4 insider filings for MKC were filed on 2026-08-25 (accessions the 4 filed 25 August 2026 and the 4 filed 25 August 2026).
Form 4 × 2 (90d window not enforced here)Reads recent headlines that are genuinely about this company, ignoring rating chatter and market-wide stories. Findings argue in the debate but never move the sentiment score.
An institutional investor, Live Oak Private Wealth LLC, disclosed acquiring a new stake of 133,195 shares in McCormick & Company in the 2nd quarter.
News · thelincolnianonline.com · 2026-09-02McCormick announced it will report its third quarter 2026 financial results on October 1, 2026, and will host a conference call and webcast for that release.
News · finance.yahoo.com · 2026-08-31Reads parsed Forms 3/4/5 — who bought or sold, at what size, and whether a 10b5-1 plan was involved. Flags clustered open-market officer buying; treats plan sales as routine and never counts a fund or 10%-holder as an officer.
Brendan M. Foley (Chairman, President & CEO) reported a purchase on 2026-07-22 of 5 shares with a reported value of "$264" (action code J) in the filing.
Form 4 · Foley Brendan M (Chairman, President & CEO) · $264 code J · 2026-07-22Brendan M. Foley (Chairman, President & CEO) reported a purchase on 2026-07-20 of 11 shares with a reported value of "$566" (action code J) in the filing.
Form 4 · Foley Brendan M (Chairman, President & CEO) · $264 code J · 2026-07-22Reads the implied-expectations math built from the company's own filings (the growth rate today's price would justify, and the multiples beside it) and argues whether the market's bar looks high or low for this business. Never turns the math into a target.
Under the stated discount and terminal assumptions, today's price implies a free cash flow (FCF) growth rate of 41.65% (implied_growth = 0.4165).
Valuation inputs · SEC XBRL + stored EOD closeweakened in debateThe price-to-free-cash-flow (P/FCF) ratio on trailing twelve-month FCF is 67.33.
Valuation inputs · SEC XBRL + stored EOD closeDebate and risk review
A bull and a bear contest the claims and the chair rules on each; the risk review stress-tests what survived.
A bull and a bear argue the analysts' claims across two rounds, then a chair rules on each one. Only what survives feeds the score — the argument is shown, not hidden, so you can judge the reasoning yourself.
The supplied SEC-sourced quarterly figures show sequential revenue, gross profit, operating income, and net income improvement, alongside a small reduction in diluted shares and a reported repurchase — together these items present multiple, internally consistent signals of improving profitability and shareholder-capital returns. Supporting market evidence includes a relatively high dividend yield (85th percentile) and ETF inclusion, and insider filings show small purchases and an institutional stake was disclosed, which jointly indicate investor interest and income-generation characteristics. While volatility, drawdown, and some valuation metrics (high P/FCF and an aggressive implied FCF growth from the DCF inputs) are flagged in the dataset, the low trailing P/E (9.24) and the positive movement in operating margins provide a countervailing valuation and fundamentals signal. The strongest evidence items are the SEC filing-based quarter-to-quarter financials and the trailing P/E and dividend yield from market data; weaker evidence includes the DCF-implied growth and elevated realized volatility, which rely on model assumptions or short-term price action rather than company-reported performance.
Chair's verdict, claim by claim
Fragility · computed, not argued
balanced0.32
30 surviving claims rest on 15 distinct sources; the heaviest analyst carries 20% of them, and 97% of what the desk raised survived the debate.
The surviving read is moderately robust: 30 claims rest on 15 distinct sources so there is some cross‑reference, and no single analyst dominates the set (the heaviest carries one‑fifth). At the same time, a 97% survival rate in debate suggests strong internal confirmation — which raises confidence in consistency but also means the desk may have resisted contrary challenges; weigh the finding against the modest source concentration and the specific filing parses.
Peer context · computed, not argued
12-1 momentum ranks 4th of 5 in Packaged Foods (as of 2026-09-02).
6-month relative strength ranks 5th of 5 in Packaged Foods (as of 2026-09-02).
90-day volatility ranks 5th of 5 in Packaged Foods (as of 2026-09-02).
dividend yield ranks 4th of 5 in Packaged Foods (as of 2026-09-02).
Disconfirming evidence · base rates · falsifiers
Context
Outside consensus, and where this name already sits in your own portfolio.
Third-party consensus shown for context. It never enters Moneyta sentiment — when the two diverge, the debate above is where the why lives.
What this was built from
Every figure on this page traces to one of these. The desk reads only what is listed here — no outside knowledge, no browsing — and each card shows who read it and what it contributed to the score.
11 filings· 1 cited
SEC XBRL filings
Quarterly figures as filed with the SEC, read straight from EDGAR's structured data — not retyped or estimated.
Read by Mercer+1.0 to the score
3 documents· 2 cited
SEC filing documents
The filings themselves, including the year-over-year comparison of Item 1A risk factors.
Read by Oakes+0.0 to the score
1 signal set
Moneyta signal set
Computed from our own end-of-day price history and ranked against the whole research universe. No AI involved.
Read by Nash−0.3 to the score
2 holdings records
Fund holdings
Which funds hold this name and at what weight, plus insider Form 4 filings.
Read by Ellis+0.5 to the score
8 headlines· 2 cited
News coverage
Recent headlines about this company, rating chatter excluded and nothing published after the report date.
Read by Yatesnothing survived
2 filings· 1 cited
Insider filings
Parsed Forms 3/4/5 from EDGAR: named insiders, share counts, prices, and 10b5-1 plan state — stated and inferred flags kept apart.
Read by Talbot+0.8 to the score
1 computation
Valuation inputs
TTM cash-flow figures from the company's own XBRL filings, priced with the stored closing price. Implied growth and multiples only; no fair-value dollar figure reaches the desk, by design.
Read by Archercontext only
1 record· 0 cited
Company profile
Sector, industry and company details.
1 record· 0 cited
Analyst consensus
Third-party consensus, shown for context only — it never enters Moneyta sentiment.
Read means we pulled and handed it to an analyst; cited means a claim on this page points at it. Reading twelve quarters to state one trend is normal — the gap is shown rather than hidden.
Written by AI, checked against sources
The analysts, the bull–bear debate and the editor's note are AI agents reading only the evidence listed on this page. They can misread a filing or a headline, which is why every claim cites a source you can open and check yourself. The sentiment score is arithmetic over the claims that survived the debate, not a language model's opinion.
Educational analysis of published data. Moneyta does not give investment advice or make recommendations. Past patterns do not indicate future results.
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The full terminal on MKC Gold
Who holds it, who's buying, what the Street thinks: live behind the lock, updated as filings land.
Institutional holders
Net institutional flow, Q/Q
Largest holder position
Insider buys, 90 days
Clustered insider value
Street target range
The real figures are for members. Educational analysis, not advice.
Educational analysis of published data. Moneyta does not give investment advice or make recommendations.