CELH
Celsius Holdings, Inc.
CELH has the edge over MKC-V overall, supported by stronger fundamentals and stronger modeled upside.
MKC-V
McCormick & Company, Incorporated
MKC-V has lower modeled downside risk, despite its lower overall score.
CELH Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Stable | |
| Strong |
CELH's revenue, profitability and balance sheet are currently healthy, and its cash flow is stable.
MKC-V Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Healthy | |
| Under pressure |
MKC-V's revenue, profitability and cash flow are currently healthy, but its balance sheet is under pressure.
CELH PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 21x | $31.89 | — |
| Current | 35x | $31.89 | — |
| Cheap | 40x | $35.95 | +13% |
| Fair | 141x | $127 | +299% |
| Expensive | 650x | $585 | +1735% |
Historical ranges are pointers, not guarantees.
CELH's PE is in its cheap range at 35x. If earnings grow as analysts expect, today's price would be 21x next year's earnings.
MKC-V PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Current | 8.4x | $46.62 | — |
| Forward | 15x | $46.62 | — |
| Cheap | 24x | $133 | +185% |
| Fair | 29x | $163 | +249% |
| Expensive | 33x | $185 | +297% |
Historical ranges are pointers, not guarantees.
MKC-V has the edge over CELH in the historical PE scenario, which offers more potential upside but is not a forecast.
CELH Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Growth | |
| Improving | |
| Limited | |
| Low |
CELH has the edge over MKC-V on the outlook, with more favorable valuation and earnings expectations.
MKC-V Forward outlook
| Metric | Outlook |
|---|---|
| Strongly deteriorating | |
| Stable | |
| Growth | |
| Stable | |
| Limited | |
| High |
Analysts expect MKC-V's revenue to grow, with its earnings and profitability holding steady.
CELH Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.53 | +70% |
| Q3 2026 | $0.90 | +718% |
| Q2 2026 | $0.24 | -37% |
| Q1 2026 | $0.43 | +30% |
| Q4 2025 | $0.25 | -44% |
| Q3 2025 | $0.11 | -85% |
| Q2 2025 | $0.38 | -62% |
| Q1 2025 | $0.33 | -64% |
| Q4 2024 | $0.45 | -42% |
CELH earned $0.90 per share over the past year, about eight times what it earned the year before.
MKC-V Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $3.05 | -45% |
| Q3 2026 | $5.53 | +92% |
| Q2 2026 | $6.01 | +109% |
| Q1 2026 | $6.10 | +110% |
| Q4 2025 | $2.93 | +0.3% |
| Q3 2025 | $2.88 | -2% |
| Q2 2025 | $2.87 | +4.7% |
| Q1 2025 | $2.90 | +11% |
| Q4 2024 | $2.92 | +16% |
MKC-V has the edge over CELH on earnings, with more consistent year-over-year improvement.
CELH Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $847.2M | +17% |
| Q2 2026 | $817.9M | +11% |
| Q1 2026 | $782.6M | +138% |
| Q4 2025 | $721.6M | +117% |
| Q3 2025 | $725.1M | +173% |
| Q2 2025 | $739.3M | +84% |
| Q1 2025 | $329.3M | -7.4% |
| Q4 2024 | $332.2M | -4.4% |
CELH's revenue has grown year over year for six quarters in a row: $847M last quarter, up 17% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 20% | +31 points |
| Q2 2026 | 9.2% | -10 points |
| Q1 2026 | 18% | +2 points |
| Q4 2025 | 3.6% | +9.2 points |
| Q3 2025 | -11% | -9.8 points |
| Q2 2025 | 19% | -4.1 points |
| Q1 2025 | 16% | -7.6 points |
| Q4 2024 | -5.6% | -23 points |
CELH has the edge over MKC-V on profitability, with a higher operating margin.
MKC-V Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $2B | +17% |
| Q2 2026 | $1.9B | +17% |
| Q1 2026 | $1.9B | +17% |
| Q4 2025 | $1.9B | +2.9% |
| Q3 2025 | $1.7B | +2.7% |
| Q2 2025 | $1.7B | +1% |
| Q1 2025 | $1.6B | +0.2% |
| Q4 2024 | $1.8B | +2.6% |
MKC-V's revenue has grown year over year for eight quarters in a row: $2B last quarter, up 17% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 11% | -6 points |
| Q2 2026 | 14% | -0.5 points |
| Q1 2026 | 12% | -1.9 points |
| Q4 2025 | 17% | -0.2 points |
| Q3 2025 | 17% | -0.3 points |
| Q2 2025 | 15% | +0.6 points |
| Q1 2025 | 14% | -0.5 points |
| Q4 2024 | 17% | +0.1 points |
MKC-V's operating margin was 11% last quarter, down 6 points from the same quarter a year ago, near the bottom of its range since 2019.
CELH Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $127.7M | -60% |
| Q2 2026 | $205.5M | +479% |
| Q1 2026 | $65.8M | -32% |
| Q4 2025 | -$130M | -285% |
| Q3 2025 | $321.5M | +3599% |
| Q2 2025 | $35.5M | +17% |
| Q1 2025 | $96.4M | -26% |
| Q4 2024 | $70.3M | +16394% |
CELH still generates free cash flow, though less than at its 2025 peak: $269M over the past year.
MKC-V Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $112.1M | -46% |
| Q2 2026 | $337.1M | +$339.5M |
| Q1 2026 | $18.4M | -77% |
| Q4 2025 | $458.3M | +23% |
| Q3 2025 | $206.1M | +101% |
| Q2 2025 | -$2.4M | -103% |
| Q1 2025 | $78.4M | +2.6% |
| Q4 2024 | $373.1M | -25% |
MKC-V generated $926M in free cash flow over the past year, up 41% from the year before.
CELH Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.8% | -2M shares |
| 1 year | -1.1% | -2.9M shares |
| 3 years | +7.4% | +17.6M shares |
| 5 years | +8.3% | +19.5M shares |
| Available history | +32% | +62.4M shares |
CELH has the edge over MKC-V on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $300,000 |
| Q2 2026 | $1M |
| Q1 2026 | $8.8M |
| Q4 2025 | $2.5M |
| Q3 2025 | $448,000 |
| Q2 2025 | $879,000 |
| Q1 2025 | $1.9M |
| Q4 2024 | $603,000 |
CELH spent $13M buying back its own shares over the past year, about three times what it spent the year before.
MKC-V Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.1% | +200K shares |
| 1 year | 0% | +100K shares |
| 3 years | -0.3% | -700K shares |
| 5 years | -0.2% | -600K shares |
| Available history | +0.4% | +1.2M shares |
MKC-V has 269M diluted shares, about the same as a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | — |
| Q1 2026 | $10.9M |
| Q4 2025 | $5.6M |
| Q3 2025 | $2.7M |
| Q2 2025 | $9.3M |
| Q1 2025 | $17.2M |
| Q4 2024 | $24.1M |
MKC-V spent $17M buying back its own shares over the past year, down 69% from the year before.
CELH Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.1x | Net Cash |
| Q2 2026 | 0.2x | Very low |
| Q1 2026 | 0.5x | Very low |
| Q4 2025 | 1.6x | Healthy |
| Q3 2025 | 0.5x | Very low |
| Q2 2025 | 1.4x | Healthy |
| Q1 2025 | -7.3x | Net Cash |
| Q4 2024 | -5.5x | Net Cash |
CELH has the edge over MKC-V on leverage, with a lower net debt burden relative to earnings.
MKC-V Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 3.6x | Elevated |
| Q2 2026 | 3.4x | Elevated |
| Q1 2026 | 3.6x | Elevated |
| Q4 2025 | 3.3x | Elevated |
| Q3 2025 | 3.3x | Elevated |
| Q2 2025 | 3.4x | Elevated |
| Q1 2025 | 3.3x | Elevated |
| Q4 2024 | 3.6x | Elevated |
MKC-V's net debt is about 3.6 years of its operating earnings (EBITDA), up from 3.3 years a year ago.
CELH Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 51.3 | Neutral |
| Stochastic | 56.8 | Neutral |
CELH's weekly RSI is 51 (neutral) and its Stochastic is 57 (neutral).
MKC-V Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 41.1 | Neutral |
| Stochastic | 17.6 | Oversold |
MKC-V's weekly RSI is 41 (neutral) and its Stochastic is 18 (oversold).
CELH PE vs Consumer Defensive Sector
| Metric | CELH | Sector median | Relative |
|---|---|---|---|
| PE | 35x | 19x | 82% above |
| PE % | 11 | 18 | 7 pts below |
CELH is trading at 35x earnings, a 82% premium to the Consumer Defensive sector's median of 19x.
MKC-V PE vs Consumer Defensive Sector
| Metric | MKC-V | Sector median | Relative |
|---|---|---|---|
| PE | 8.4x | 19x | 57% below |
| PE % | 4 | 18 | 14 pts below |
MKC-V has the edge over CELH on valuation relative to its sector.
CELH Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $29.1 | 9.4% above |
| 20 week MA | $29.6 | 7.8% above |
| 50 week MA | $36.1 | 12% below |
| 100 week MA | $38.8 | 18% below |
| 200 week MA | $44.6 | 29% below |
CELH has the edge over MKC-V on trend strength, trading above more of its moving averages.
MKC-V Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $47.5 | 1.9% below |
| 20 week MA | $50.7 | 8% below |
| 50 week MA | $55.1 | 15% below |
| 100 week MA | $64.1 | 27% below |
| 200 week MA | $70.1 | 34% below |
MKC-V is in a downtrend: it's below all five of its weekly moving averages, and 34% below its 200-week average.
CELH Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $1.58 | $14.7 | +832% |
| 2021 | $14.7 | $24.9 | +69% |
| 2022 | $24.9 | $35.6 | +43% |
| 2023 | $35.6 | $54.5 | +53% |
| 2024 | $54.5 | $26.5 | -51% |
| 2025 | $26.5 | $45.6 | +72% |
| 2026 YTD | $45.6 | $31.9 | -30% |
CELH has the edge over MKC-V on returns for 2026, with the stronger performance.
MKC-V Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $85.9 | $92.6 | +7.9% |
| 2021 | $92.6 | $93.0 | +0.4% |
| 2022 | $93.0 | $81.8 | -12% |
| 2023 | $81.8 | $68.0 | -17% |
| 2024 | $68.0 | $76.8 | +13% |
| 2025 | $76.8 | $68.1 | -11% |
| 2026 YTD | $68.1 | $46.6 | -32% |
MKC-V has finished lower in three of the last six years. It's down 32% so far in 2026.