Switch to:
McCormick & Company, Inc. (NYSE:MKC)
Pretax Income
$513 Mil (TTM As of Feb. 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 Feb. 2014 was $112 Mil. Its pretax income for the trailing twelve months (TTM) ended in Feb. 2014 was $513 Mil. McCormick & Company, Inc.'s pretax margin was 11.31%.

During the past 13 years, McCormick & Company, Inc.'s highest Pretax Margin was 13.87%. The lowest was 3.80%. And the median was 10.63%.


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 Feb. 2014 is calculated as

Pretax Income=Operating Income+Non-Recurring Items+Interest Expense+Interest Income+Other
=124.6+0.2+-12.4+0+1.42108547152E-14
=112

McCormick & Company, Inc. Pre-Tax Income for the trailing twelve months (TTM) ended in Feb. 2014 was 103.3 (May. 2013 ) + 134.7 (Aug. 2013 ) + 162.7 (Nov. 2013 ) + 112.4 (Feb. 2014 ) = $513 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 Feb. 2014 is calculated as

Pretax Margin=Pretax Income/Revenue
=112.4/993.4
=11.31%

During the past 13 years, McCormick & Company, Inc.'s highest Pretax Margin was 13.87%. The lowest was 3.80%. And the median was 10.63%.

* 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

Nov11Feb12May12Aug12Nov12Feb13May13Aug13Nov13Feb14
Pretax Income 17810010713218799103135163112
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK
Hide