Analyst Ratings

Date	Action	Analyst	Rating	Target
Jun-05-23	Upgrade	B of A Securities	Underperform → Buy
Jan-26-23	Upgrade	Bernstein	Market Perform → Outperform
Dec-05-22	Reiterated	Deutsche Bank	Hold	$79 → $83
Nov-15-22	Initiated	BNP Paribas		$94
Sep-11-22	Reiterated	Barclays	Equal Weight	$82
Sep-07-22	Reiterated	Deutsche Bank	Hold	$85 → $79
Jul-05-22	Downgrade	Argus Research	Buy → Hold
Jun-29-22	Reiterated	Deutsche Bank	Hold	$85
Feb-16-22	Upgrade	Argus Research	Hold → Buy
Jan-18-22	Downgrade	Credit Suisse	Outperform → Neutral

Financial Statements

DataTimeframe

Line Item (USD, M)	TTM —	FY 2025 11/30/2025	FY 2024 11/30/2024	FY 2023 11/30/2023
Total Revenue	7,109	6,840	6,724	Upgrade your experience to unlock full historical data
Cost of Goods Sold Incl. D&A	4,412	4,248	4,133
Gross Profit	2,697	2,592	2,591
Selling, General and Administrative Excl. Other	1,578	1,500	1,521
Research and Development	0	0	0
Other Operating Expense	-1	0	10
Operating Income	1,120	1,092	1,060
Interest Expense	195	196	209
Unusual Expense	—	—	—
Non-Operating Income (Expense)	13	-17	-47
Net Income Before Taxes	1,852	985	973
Income Taxes	203	196	184
Consolidated Net Income	1,650	789	789
Net Income From Continuing Operations	1,650	789	789
Net Income	1,650	789	789
EPS (Recurring)	6.12	2.94	2.94
EPS (Basic, Before Extraordinaries)	6.12	2.94	2.94
EPS (Diluted)	6.10	2.93	2.92
EBITDA	1,347	1,341	1,317
Other After Tax Adjustments	—	—	—
Stock Option Compensation Expense	—	—	—
Price To Earnings Ratio	7.62	22.97	—
Price To Sales Ratio	1.76	2.65	—
Gross Margin	37.94	37.89	38.53
Operating Margin	15.75	15.96	15.76
Net Margin	23.21	11.54	11.73
Shares Outstanding	269	269	269
Market Capitalization	12,511	18,106	—
Operating Lease Expense	—	—	—

Insider Trading

Insider	Relationship	Date	Transaction	Cost	#Shares	Value ($)	#Shares Total	SEC Form 4
Tapiero Jacques	Director	Jan 02 '24	Option Exercise	34.77	902	31,373	26,336	Jan 03 12:00 AM
Schwartz Jeffery D	Vice President, Gen Counsel	Oct 25 '23	Sale	64.37	2,000	128,738	55,174	Oct 27 12:00 AM
MANGAN MICHAEL D	Director	Aug 21 '23	Option Exercise	59.56	10,000	595,642	44,181	Aug 22 12:00 AM
MANGAN MICHAEL D	Director	Aug 21 '23	Sale	83.63	5,000	418,142	39,181	Aug 22 12:00 AM
HRABOWSKI FREEMAN A III	Director	Aug 17 '23	Option Exercise	0.00	15,000	0	95,622	Aug 21 12:00 AM
Schwartz Jeffery D	Vice President, Gen Counsel	Jul 28 '23	Sale	90.02	5,200	468,092	57,174	Aug 02 12:00 AM
Schwartz Jeffery D	Vice President, Gen Counsel	Jul 28 '23	Option Exercise	69.52	5,200	361,511	63,374	Jul 31 12:00 AM
Tapiero Jacques	Director	Jul 26 '23	Sale	89.88	5,000	449,422	25,612	Jul 27 12:00 AM
Tapiero Jacques	Director	Jul 26 '23	Option Exercise	35.55	10,000	355,500	30,612	Jul 27 12:00 AM
Schwartz Jeffery D	Vice President, Gen Counsel	Jul 21 '23	Option Exercise	68.25	7,200	491,409	60,774	Jul 24 12:00 AM
Schwartz Jeffery D	Vice President, Gen Counsel	Jul 21 '23	Sale	87.48	3,600	314,919	57,174	Jul 24 12:00 AM
Kurzius Lawrence Erik	Chairman & CEO	May 12 '23	Option Exercise	38.15	79,812	3,044,428	199,485	May 16 12:00 AM
Kurzius Lawrence Erik	Chairman & CEO	May 12 '23	Sale	90.02	39,906	3,592,378	159,579	May 16 12:00 AM
PRESTON MARGARET M V	Director	Mar 29 '23	Option Exercise	35.80	20,000	716,000	95,436	Mar 31 12:00 AM
Repas Gregory	V.P. & Controller	Mar 15 '23	Option Exercise	0.00	912	0	2,345	Mar 17 12:00 AM


Market Cap	12.50B	Forward P/E	14.02	EPS next Y	3.32	Insider Trans	-	Shs Float	-	Perf Month	-0.96%


Enterprise Value	17.23B	PEG	0.07	EPS next Q	0.70	Inst Own	-	Short Float	-	Perf Quarter	-14.11%


Income	1.64B	P/S	1.76	EPS this Y	-49.31%	Inst Trans	-	Short Ratio	-	Perf Half Y	-31.56%


Sales	7.11B	P/B	1.79	EPS next Y	7.28%	ROA	10.05%	Short Interest	-	Perf YTD	-31.61%


Book/sh	-	P/C	13.92	EPS next 5Y	10.74%	ROE	27.31%	52W High	77.65 -40.10%	Perf Year	-36.18%


Cash/sh	-	P/FCF	15.27	EPS past 3/5Y	-	ROIC	6.13%	52W Low	44.30 4.99%	Perf 3Y	-


Dividend Est.	1.86 (4.00%)	EV/EBITDA	13.42	Sales past 3/5Y	2.50% 4.08%	Gross Margin	37.94%	Volatility	2.04% 2.46%	Perf 5Y	-


Dividend TTM	1.86 (4.00%)	EV/Sales	2.42	EPS Y/Y TTM	2.98%	Oper. Margin	15.51%	ATR (14)	1.46	Perf 10Y	-


Dividend Ex-Date	Apr 20, 2026	Quick Ratio	0.36	Sales Y/Y TTM	5.73%	Profit Margin	23.12%	RSI (14)	42.03	Recom	3.05


Dividend Gr. 3/5Y	6.85% 7.58%	Current Ratio	0.76	EPS Q/Q	9.63%	SMA20	-2.03%	Beta	-0.25	Target Price	86.33


Payout	29.89%	Debt/Eq	0.70	Sales Q/Q	16.69%	SMA50	-5.15%	Rel Volume	0.52	Prev Close	46.13


Employees	14,100	LT Debt/Eq	0.54	Earnings	Jun 25	SMA200	-23.53%	Avg Volume	5.73K	Price	46.51


IPO Date	Oct 07, 2003	Option/Short	Yes / Yes	EPS/Sales Surpr.	11.11% 4.87%	Net Debt/EBITDA	3.69	Volume	2,962	Change	0.82%

MKC-V