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 at premium vs NBR $52.10 current versus $15.31 implied using P/E multiple.
Quick read
Each company valued on the other's multiple, then compared with the market price.
Implied fair value · at NBR's multiple
Implied fair value · at MKC's multiple
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
Expensive
Lower leverage
Statements
Core statements aligned to each company's latest fiscal year.
SEC periods: MKC FY 2025 (ended Nov 30, 2025) · NBR FY 2025 (ended Dec 31, 2025). Fiscal years are not aligned.
Trendline
Five 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 37% equity / 63% debt · EV / Revenue 0.94x · EV / EBITDA 2.30x
MKC carries the larger enterprise value at $18.04B against $3.00B; NBR trades on the lower EV / Revenue multiple (0.94x vs 2.64x); NBR on the lower EV / EBITDA (2.30x 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
NABORS INDUSTRIES LTD · implied price per share
Latest annual free cash flow must be positive to qualify the filing-backed baseline.
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
4.22x
Net debt / EBITDA
Leverage against operating earnings
2.52x
1.19x
Cash and equivalents
Liquid reserves on the balance sheet
$95.90M
$940.74M
Total debt
Interest-bearing obligations outstanding
Comparable set
Where the pair sits against the wider comparable set.
Keep comparing
Open adjacent comparisons from the same industry to pressure-test the read across multiple pairs.
GENERAL MILLS INC
MKC vs GIS
HORMEL FOODS CORP /DE/
MKC vs HRL
CONAGRA BRANDS INC.
MKC vs CAG
Kraft Heinz Co
MKC vs KHC
CAMPBELL'S Co
MKC vs CPB
J M SMUCKER Co
MKC vs SJM
Mondelez International, Inc.
MKC vs MDLZ
Helmerich & Payne, Inc.
MKC vs HP
Transocean Ltd.
MKC vs RIG
HELIX ENERGY SOLUTIONS GROUP INC
MKC vs HLX
PATTERSON UTI ENERGY INC
MKC vs PTEN
$4.12B
$2.49B
LLM-powered synthesis
An on-demand narrative read of the same deterministic data.
The deterministic comparison remains available. Sign in when you want an on-demand narrative synthesis of the same data.