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McCormick (McCormick) EBIT per Share : $3.86 (TTM As of Feb. 2024)


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What is McCormick EBIT per Share?

McCormick's EBIT per Share for the three months ended in Feb. 2024 was $0.91. Its EBIT per Share for the trailing twelve months (TTM) ended in Feb. 2024 was $3.86.

During the past 12 months, the average EBIT per Share Growth Rate of McCormick was 13.00% per year. During the past 3 years, the average EBIT per Share Growth Rate was 0.10% per year. During the past 5 years, the average EBIT per Share Growth Rate was 0.80% per year. During the past 10 years, the average EBIT per Share Growth Rate was 6.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EBIT per Share growth rate using EBIT per Share data.

The historical rank and industry rank for McCormick's EBIT per Share or its related term are showing as below:

MKC' s 3-Year EBIT Growth Rate Range Over the Past 10 Years
Min: -4.6   Med: 8.3   Max: 33
Current: 0.1

During the past 13 years, the highest 3-Year average EBIT per Share Growth Rate of McCormick was 33.00% per year. The lowest was -4.60% per year. And the median was 8.30% per year.

MKC's 3-Year EBIT Growth Rate is ranked worse than
61.34% of 1513 companies
in the Consumer Packaged Goods industry
Industry Median: 7.2 vs MKC: 0.10

McCormick's EBIT for the three months ended in Feb. 2024 was $245 Mil.


McCormick EBIT per Share Historical Data

The historical data trend for McCormick's EBIT per Share 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.

* Premium members only.

McCormick EBIT per Share Chart

McCormick Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
EBIT per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.67 3.78 3.83 3.56 3.73

McCormick Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
EBIT per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.78 0.87 0.93 1.15 0.91

McCormick EBIT per Share Calculation

EBIT per Share is the amount of Earnings Before Interest and Taxes (EBIT) per outstanding share of the company's stock.

Earnings Before Interest and Taxes (EBIT) is what the company earns before it expenses interest and taxes.

McCormick's EBIT per Share for the fiscal year that ended in Nov. 2023 is calculated as

EBIT per Share(A: Nov. 2023 )
=EBIT/Shares Outstanding (Diluted Average)
=1006.9/269.800
=3.73

McCormick's EBIT per Share for the quarter that ended in Feb. 2024 is calculated as

EBIT per Share(Q: Feb. 2024 )
=EBIT/Shares Outstanding (Diluted Average)
=244.6/269.600
=0.91

EBIT per Share 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 $3.86

* 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.


McCormick  (NYSE:MKC) EBIT per Share Explanation

EBIT is a company's earnings before interest and tax expenses are deducted. It measures a company's profit generates from operating, ignoring tax burden and capital structure. As the tax expense are not deducted, EBIT is helpful when comparing companies in the same industry but with different tax situations. Also, the interest expense are included in EBIT, making it useful to compare companies that have high interest expenses due to large amount of debt.


McCormick EBIT per Share Related Terms

Thank you for viewing the detailed overview of McCormick's EBIT per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


McCormick (McCormick) Business Description

Address
24 Schilling Road, Suite 1, Hunt Valley, MD, USA, 21031
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.
Executives
Jeffery D Schwartz officer: Vice President, Gen Counsel 18 LOVETON CIRCLE, SPARKS MD 21152
Michael D Mangan director 2041 ISLA VISTA LANE, NAPLES FL 34105
Jacques Tapiero director MCCORMICK & COMPANY, INC., SPARKS MD 21152
Andrew Foust officer: President, Americas 24 SCHILLING ROAD, SUITE 1, HUNT VALLEY MD 21031
Ana Sanchez officer: President EMEA 24 SCHILLING ROAD, SUITE 1, HUNT VALLEY MD 21031
Katherine Jenkins officer: C.S.O. & SVP Investor Relation 24 SCHILLING ROAD, SUITE 1, HUNT VALLEY MD 21031
Lawrence Erik Kurzius director, officer: Chairman, President & CEO 18 LOVETON CIRCLE, SPARKS MD 21152
Sarah Piper officer: Chief Human Relations Officer 24 SCHILLING ROAD, SUITE 1, HUNT VALLEY MD 21031
Brendan M Foley officer: President Global Consumer 18 LOVETON CIRCLE, SPARKS MD 21152
Preston Margaret M V director MERCANTILE-SAFE DEPOSIT & TRUST CO, 2 HOPKINS PLZ, BALTIMORE MD 21201
Michael R Smith officer: Executive VP & CFO 18 LOVETON CIRCLE, SPARKS MD 21152
Patricia A Little director 999 W BIG BEAVER ROAD, TROY MI 48084
Malcolm Swift officer: President Global Industrial & 18 LOVETON CIRCLE, SPARKS MD 21152
Lisa Manzone officer: Sr. VP Global Human Relations 18 LOVETON CIRCLE, SPARKS MD 21152
Maritza Gomez Montiel director C/O APTARGROUP, INC., 265 EXCHANGE DRIVE, SUITE 100, CRYSTAL LAKE IL 60014