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McCormick & Company Inc (NYSE:MKC)
Pretax Income
$519 Mil (TTM As of May. 2014)

Pretax income is the income that a company earns before paying income taxes. McCormick & Company Inc's pretax income for the three months ended in May. 2014 was $110 Mil. Its pretax income for the trailing twelve months (TTM) ended in May. 2014 was $519 Mil. McCormick & Company Inc's pretax margin was 10.60%.

During the past 13 years, McCormick & Company Inc's highest Pretax Margin was 13.87%. The lowest was 3.80%. And the median was 10.50%.


Definition

This is the income that a company earns before paying income taxes.

McCormick & Company Inc's Pretax Income for the fiscal year that ended in Nov. 2013 is calculated as

Pretax Income=Operating Income+Non-Recurring Items+Interest Expense+Interest Income+Other
=550.5+2.2+-53.3+0+0
=499

McCormick & Company Inc's Pretax Income for the quarter that ended in May. 2014 is calculated as

Pretax Income=Operating Income+Non-Recurring Items+Interest Expense+Interest Income+Other
=121.7+0.3+-12.5+0+0
=110

McCormick & Company Inc Pre-Tax Income for the trailing twelve months (TTM) ended in May. 2014 was 134.7 (Aug. 2013 ) + 162.7 (Nov. 2013 ) + 112.4 (Feb. 2014 ) + 109.5 (May. 2014 ) = $519 Mil.

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


Explanation

McCormick & Company Inc's Pretax Margin for the quarter that ended in May. 2014 is calculated as

Pretax Margin=Pretax Income/Revenue
=109.5/1033.4
=10.60%

During the past 13 years, McCormick & Company Inc's highest Pretax Margin was 13.87%. The lowest was 3.80%. And the median was 10.50%.

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


Related Terms

Operating Income, Interest Expense, Interest Income, Non-Recurring Items, Revenue


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
Pretax Income 294296223302338417463491526499

McCormick & Company Inc Quarterly Data

Feb12May12Aug12Nov12Feb13May13Aug13Nov13Feb14May14
Pretax Income 10010713218799103135163112110
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