McCormick & Co. manufactures, markets and distributes spices, seasoning mixes, condiments and other flavor products to the food industry- retailers, food manufacturers and foodservice businesses. Co. also is partner in a number of joint ventures that are involved in the manufacture and sale of flavor products. Co. operates in the following business segments: Consumer, in which Co. markets its products to customers and supplies private label items, also known as store brands; and Flavor Solutions, which provides a range of flavor solutions including seasoning blends, spices and herbs, condiments, coating systems, and compound flavors. We show 55 historical shares outstanding datapoints in our MKC shares outstanding history coverage, used to compute MKC market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing McCormick market cap history over the course of time is important for investors
interested in comparing McCormick's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of McCormick versus a peer is one thing; comparing
McCormick market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like McCormick can fluctuate over the course of history.
With this page we aim to empower investors researching McCormick by allowing them to research the McCormick market cap history. |
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Video: The Importance of Market Cap
