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McCormick & Co Inc (NYSE:MKC)
Non-Recurring Items
$2 Mil (TTM As of Feb. 2016)

Non-Recurring Items are the incomes received or expenses incurred by the business that are not from regular operations. McCormick & Co Inc's non-recurring items for the three months ended in Feb. 2016 was $1 Mil. Its non-recurring items for the trailing twelve months (TTM) ended in Feb. 2016 was $2 Mil.

As of today, McCormick & Co Inc's share price is $96.71. McCormick & Co Inc's earnings per share without non-recurring items for the trailing twelve months (TTM) ended in Feb. 2016 was $3.03. Therefore, McCormick & Co Inc's P/E (NRI) ratio for today is 31.92.


Definition

Non-Recurring Items are the incomes received or expenses incurred by the business that are not from regular operations. Examples of NRI include gains (losses) from plant shutdown, lease-breaking fees, lawsuit, write-offs, write-downs, restructuring costs or sales of an investment, discontinued operations etc.

NRI can impact a company’s reported income drastically.

McCormick & Co Inc Non-Recurring Items for the trailing twelve months (TTM) ended in Feb. 2016 was 0.6 (May. 2015 ) + 0.2 (Aug. 2015 ) + 0.5 (Nov. 2015 ) + 1.1 (Feb. 2016 ) = $2 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

GuruFocus lists a P/E (NRI), which is the price/earnings before NRI. We believe it more accurately reflects the valuation of the company.

McCormick & Co Inc's P/E (NRI) Ratio for today is calculated as

McCormick & Co Inc's Share Price of today is $96.71.
McCormick & Co Inc's Earnings per Share (NRI) for the trailing twelve months (TTM) ended in Feb. 2016 was 0.61 (May. 2015 ) + 0.67 (Aug. 2015 ) + 1.08 (Nov. 2015 ) + 0.67 (Feb. 2016 ) = $3.03.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Net Income, P/E (NRI)


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

McCormick & Co Inc Annual Data

Nov06Nov07Nov08Nov09Nov10Nov11Nov12Nov13Nov14Nov15
Non Operating Income 79182222211

McCormick & Co Inc Quarterly Data

Nov13Feb14May14Aug14Nov14Feb15May15Aug15Nov15Feb16
Non Operating Income 10000-01011
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