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McCormick & Co Inc (NYSE:MKC)
Pretax Income
$553 Mil (TTM As of May. 2016)

Pretax income is the income that a company earns before paying income taxes. McCormick & Co Inc's pretax income for the three months ended in May. 2016 was $112 Mil. Its pretax income for the trailing twelve months (TTM) ended in May. 2016 was $553 Mil. McCormick & Co Inc's pretax margin was 10.53%.

During the past 13 years, McCormick & Co Inc's highest Pretax Margin was 13.87%. The lowest was 8.21%. And the median was 12.58%.


Definition

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

McCormick & Co Inc's Pretax Income for the fiscal year that ended in Nov. 2015 is calculated as

Pretax Income=Operating Income+Non-Recurring Items+Interest Expense+Interest Income+Other
=548.4+1.1+-53.3+0+0
=496

McCormick & Co Inc's Pretax Income for the quarter that ended in May. 2016 is calculated as

Pretax Income=Operating Income+Non-Recurring Items+Interest Expense+Interest Income+Other
=125+0.7+-13.7+0+0
=112

McCormick & Co Inc Pre-Tax Income for the trailing twelve months (TTM) ended in May. 2016 was 125.3 (Aug. 2015 ) + 198.9 (Nov. 2015 ) + 116.3 (Feb. 2016 ) + 112 (May. 2016 ) = $553 Mil.

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


Explanation

McCormick & Co Inc's Pretax Margin for the quarter that ended in May. 2016 is calculated as

Pretax Margin=Pretax Income/Revenue
=112/1063.3
=10.53%

During the past 13 years, McCormick & Co Inc's highest Pretax Margin was 13.87%. The lowest was 8.21%. And the median was 12.58%.

* 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 & Co Inc Annual Data

Nov06Nov07Nov08Nov09Nov10Nov11Nov12Nov13Nov14Nov15
Pretax Income 223302338417463491526499554496

McCormick & Co Inc Quarterly Data

Feb14May14Aug14Nov14Feb15May15Aug15Nov15Feb16May16
Pretax Income 1121101451878191125199116112
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