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McCormick & Company Inc (NYSE:MKC)
Pretax Income
$485 Mil (TTM As of Aug. 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 Aug. 2015 was $125 Mil. Its pretax income for the trailing twelve months (TTM) ended in Aug. 2015 was $485 Mil. McCormick & Company Inc's pretax margin was 11.82%.

During the past 13 years, McCormick & Company 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 & Company 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 & Company Inc's Pretax Income for the quarter that ended in Aug. 2015 is calculated as

Pretax Income=Operating Income+Non-Recurring Items+Interest Expense+Interest Income+Other
=138.7+0.2+-13.6+0+0
=125

McCormick & Company Inc Pre-Tax Income for the trailing twelve months (TTM) ended in Aug. 2015 was 187.3 (Nov. 2014 ) + 80.6 (Feb. 2015 ) + 91.4 (May. 2015 ) + 125.3 (Aug. 2015 ) = $485 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 Aug. 2015 is calculated as

Pretax Margin=Pretax Income/Revenue
=125.3/1059.9
=11.82%

During the past 13 years, McCormick & Company 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 & Company Inc Annual Data

Nov06Nov07Nov08Nov09Nov10Nov11Nov12Nov13Nov14Nov15
Pretax Income 223302338417463491526499554496

McCormick & Company Inc Quarterly Data

Aug13Nov13Feb14May14Aug14Nov14Feb15May15Aug15Nov15
Pretax Income 1351631121101451878191125199
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