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McCormick & Company Inc (NYSE:MKC)
Non-Recurring Items
$1 Mil (TTM As of May. 2014)

Non-Recurring Items are the incomes received or expenses incurred by the business that are not from regular operations. McCormick & Company Inc's non-recurring items for the three months ended in May. 2014 was $0 Mil. Its non-recurring items for the trailing twelve months (TTM) ended in May. 2014 was $1 Mil.

As of today, McCormick & Company Inc's share price is $69.50. McCormick & Company Inc's earnings per share without non-recurring items for the trailing twelve months (TTM) ended in May. 2014 was $2.85. Therefore, McCormick & Company Inc's P/E (NRI) ratio for today is 24.39.


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 & Company Inc Non-Recurring Items for the trailing twelve months (TTM) ended in May. 2014 was 0.3 (Aug. 2013 ) + 0.5 (Nov. 2013 ) + 0.2 (Feb. 2014 ) + 0.3 (May. 2014 ) = $1 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 & Company Inc's P/E (NRI) Ratio for today is calculated as

McCormick & Company Inc's Share Price of today is $69.50.
McCormick & Company Inc's Earnings per Share (NRI) for the trailing twelve months (TTM) ended in May. 2014 was 0.75 (Aug. 2013 ) + 0.91 (Nov. 2013 ) + 0.59 (Feb. 2014 ) + 0.6 (May. 2014 ) = $2.85.

* 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 & Company Inc Annual Data

Nov04Nov05Nov06Nov07Nov08Nov09Nov10Nov11Nov12Nov13
Non Operating Income 19105429-1122222

McCormick & Company Inc Quarterly Data

Feb12May12Aug12Nov12Feb13May13Aug13Nov13Feb14May14
Non Operating Income 1-011110100
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