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McCormick & Company Inc (NYSE:MKC)
Pretax Income
$505 Mil (TTM As of May. 2015)

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. 2015 was $91 Mil. Its pretax income for the trailing twelve months (TTM) ended in May. 2015 was $505 Mil. McCormick & Company Inc's pretax margin was 8.92%.

During the past 13 years, McCormick & Company Inc's highest Pretax Margin was 13.87%. The lowest was 3.80%. And the median was 10.79%.


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. 2014 is calculated as

Pretax Income=Operating Income+Non-Recurring Items+Interest Expense+Interest Income+Other
=603+1.1+-49.7+0+0
=554

McCormick & Company Inc's Pretax Income for the quarter that ended in May. 2015 is calculated as

Pretax Income=Operating Income+Non-Recurring Items+Interest Expense+Interest Income+Other
=103.8+0.6+-13+0+1.42108547152E-14
=91

McCormick & Company Inc Pre-Tax Income for the trailing twelve months (TTM) ended in May. 2015 was 145.2 (Aug. 2014 ) + 187.3 (Nov. 2014 ) + 80.6 (Feb. 2015 ) + 91.4 (May. 2015 ) = $505 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. 2015 is calculated as

Pretax Margin=Pretax Income/Revenue
=91.4/1024.1
=8.92%

During the past 13 years, McCormick & Company Inc's highest Pretax Margin was 13.87%. The lowest was 3.80%. And the median was 10.79%.

* 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

Nov05Nov06Nov07Nov08Nov09Nov10Nov11Nov12Nov13Nov14
Pretax Income 296223302338417463491526499554

McCormick & Company Inc Quarterly Data

Feb13May13Aug13Nov13Feb14May14Aug14Nov14Feb15May15
Pretax Income 991031351631121101451878191
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