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McCormick & Co Inc (NYSE:MKC)
Pretax Income
$532 Mil (TTM As of Feb. 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 Feb. 2016 was $116 Mil. Its pretax income for the trailing twelve months (TTM) ended in Feb. 2016 was $532 Mil. McCormick & Co Inc's pretax margin was 11.29%.

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 Feb. 2016 is calculated as

Pretax Income=Operating Income+Non-Recurring Items+Interest Expense+Interest Income+Other
=129.1+1.1+-13.9+0+1.42108547152E-14
=116

McCormick & Co Inc Pre-Tax Income for the trailing twelve months (TTM) ended in Feb. 2016 was 91.4 (May. 2015 ) + 125.3 (Aug. 2015 ) + 198.9 (Nov. 2015 ) + 116.3 (Feb. 2016 ) = $532 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 Feb. 2016 is calculated as

Pretax Margin=Pretax Income/Revenue
=116.3/1030.2
=11.29%

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

Nov13Feb14May14Aug14Nov14Feb15May15Aug15Nov15Feb16
Pretax Income 1631121101451878191125199116
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