McCormick & Company Forecast to 2030

Illustrative model

Explore assumptions. Compare outcomes.

Price baseline: Model recalculated: Editorial review:

Baseline price $52.90 Latest close used by the model
Base scenario $39.83 Model estimate for 2030
Price change -24.7% Baseline → base scenario · price only
Scenario range $36.43 $44.73 Lower → Upper scenario

Three scenarios, one starting point

Illustrative price paths based on historical returns.

The shaded area spans the lower and upper scenarios; it is not a confidence interval.

Lower scenario $36.43 Base scenario $39.83 Upper scenario $44.73 Baseline July 16, 2026

What changes the outcome?

Model inputs used in the McCormick & Company calculation, then separate market context that is not fed into the model.

Model inputs

Historical price returns (model input)

Weighted windows (3Y, 5Y, 10Y) of historical close-to-close price returns set the starting annual rate for McCormick & Company. Dividends are not included.

Drawdown adjustment (model input)

Historical max drawdown near 56.5% scales the risk adjustment applied to the weighted rate before Lower/Base/Upper multipliers.

Category cap & decay (model input)

Annual rates are capped near 25% for this asset class and then decay slightly each projected year (mean reversion), so path CAGR can differ from the starting rate.

Context only

Market context (not a model input)

Earnings, margins, valuation, and sector news can move real prices—but they are not inputs to this price-return model.

View model assumptions →

Year-by-year forecast

Modeled prices by year. Percentages in parentheses are year-over-year price changes from the prior year (or from the baseline price for the first year)—not the scenario’s starting annualized rate. Price returns only; dividends are not included.

YearLower scenarioBase scenarioUpper scenario
2027 $47.81 (-9.6%) $48.98 (-7.4%) $50.55 (-4.4%)
2028 $43.44 (-9.1%) $45.54 (-7.0%) $48.42 (-4.2%)
2029 $39.68 (-8.7%) $42.51 (-6.7%) $46.48 (-4.0%)
2030 $36.43 (-8.2%) $39.83 (-6.3%) $44.73 (-3.8%)

Comparison to benchmark

Benchmark: S&P 500 (SPY) · SPDR S&P 500 ETF Trust forecast

Base-scenario CAGR · price only

Equivalent comparison unavailable — baseline dates differ (McCormick & Company: 2026-07-16, SPDR S&P 500 ETF Trust: 2026-10-30; horizon end 2030-12-31 / 2030-12-31).

Historical max drawdown

Drawdown history windows differ: McCormick & Company (2011-06-27 → 2026-07-16) vs SPDR S&P 500 ETF Trust (2011-06-27 → 2026-10-30).

McCormick & Company-56.5%
SPDR S&P 500 ETF Trust-34.1%

Max drawdown is peak-to-trough depth in the listed history window—not a volatility measure.

Equivalent base-scenario path CAGR vs S&P 500 (SPY) is not shown; historical max drawdown is deeper than the benchmark; drawdown windows are not identical.

Scenario illustrations for educational use. Not financial advice, investment recommendations, or guarantees of future performance.