McCORMICK & COMPANY, INCORPORATED
$18.04B- Market cap
- $14.01B
- Debt
- +$4.12B
- Cash
- −$95.90M
Capital structure 77% equity / 23% debt · EV / Revenue 2.64x · EV / EBITDA 11.30x
Compare price, profitability, solvency, and SEC-reported financials side by side—before deciding which assumptions deserve a closer look.
Decision snapshot: MKC stock price vs ET: inconclusive Relative valuation is incomplete for this pair. Review the available filing metrics before drawing a conclusion.
Quick read
Each company valued on the other's multiple, then compared with the market price.
Implied fair value · at ET's multiple
Needs ET P/E.
Implied fair value · at MKC's multiple
Needs MKC P/E.
Snapshot Sep 4, 4:00 PM ET
Metric by metric
Where each company leads, and how wide the gap is.
Growth lag
Pricing power
Operating leverage
Multiple premium
Not comparable
Lower leverage
Statements
Core statements aligned to each company's latest fiscal year.
SEC periods: MKC FY 2025 (ended Nov 30, 2025) · ET FY 2025 (ended Dec 31, 2025). Fiscal years are not aligned.
Trendline
Ten fiscal years of revenue, earnings, and margins before underwriting a re-rating.
Price framework
Market cap plus debt, less cash.
Capital structure 77% equity / 23% debt · EV / Revenue 2.64x · EV / EBITDA 11.30x
Capital structure 52% equity / 48% debt · EV / Revenue 1.65x · EV / EBITDA 8.26x
ET carries the larger enterprise value at $141.12B against $18.04B; ET trades on the lower EV / Revenue multiple (1.65x vs 2.64x); ET on the lower EV / EBITDA (8.26x vs 11.30x).
Price framework
The same filing-backed model used on each company's valuation page, with company-specific inputs and calculated scenarios.
McCORMICK & COMPANY, INCORPORATED · implied price per share
Bear
$19.17
Base
$25.77
Bull
$34.68
ENERGY TRANSFER LP · implied price per share
Debt and bridge-cash inputs are required to translate enterprise value into equity value.
Balance sheet health
Financial health checks to separate durable balance sheets from potential value traps.
Financial strength on a 0–9 scale.
Bankruptcy-risk signal from balance sheet and earnings power.
Debt / equity
Total debt against shareholders' equity
0.72x
1.39x
Net debt / EBITDA
Leverage against operating earnings
2.52x
3.93x
Cash and equivalents
Liquid reserves on the balance sheet
$95.90M
$1.27B
Total debt
Interest-bearing obligations outstanding
Comparable set
Where the pair sits against the wider comparable set.
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