McCormick (McCormick) Research & Development : $0 Mil (TTM As of Feb. 2024)

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What is McCormick Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. McCormick's Research & Development for the three months ended in Feb. 2024 was $0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Feb. 2024 was $0 Mil.

McCormick Research & Development Historical Data

The historical data trend for McCormick's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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McCormick Research & Development Chart

McCormick Annual Data

Trend

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Research & Development

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McCormick Quarterly Data
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Research & Development	Get a 7-Day Free Trial															-	-	-	-	-

McCormick Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0 Mil.

McCormick (NYSE:MKC.V) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

McCormick Research & Development Related Terms

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McCormick (McCormick) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » McCormick & Co Inc (NYSE:MKC.V) » Definitions » Research & Development

Comparable Companies

Traded in Other Exchanges

MKC:USA MCX:Germany M1KC34:Brazil MKC:Austria

Address

24 Schilling Road, Suite 1, Hunt Valley, MD, USA, 21031

Website

https://www.mccormickcorporation.com

In its more-than 130-year history, McCormick has grown to become the leading global manufacturer, marketer, and distributor of spices, herbs, extracts, seasonings, and other flavorings. Beyond end consumers, McCormick's customer base also includes top quick-service restaurants, retail grocery chains, and other packaged food and beverage manufacturers. And its reach is global, with nearly 40% of sales generated beyond its home turf to include 150 other countries and territories. In addition to its namesake brand, the firm's portfolio includes Old Bay, Zatarain's, Thai Kitchen, Frank's RedHot, French's, and the Cholula brand.