With a market cap of $12.9 billion, McCormick & Company, Incorporated (MKC) is a global manufacturer and marketer of herbs, spices, seasonings, condiments, and flavor products serving both consumers and the food industry. The company operates through two segments: Consumer, which sells branded spices, sauces, and packaged foods through retail and e-commerce channels worldwide, and Flavor Solutions, which provides customized flavor systems to food manufacturers and foodservice clients.
Companies valued at $10 billion or more are generally considered “large-cap” stocks, and McCormick fits this criterion perfectly. McCormick has built a diverse portfolio of well-known brands across the Americas, Europe, and Asia-Pacific regions.