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McCormick (FRA:MCX) Gross-Profit-to-Asset % : 18.78% (As of Feb. 2025)


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What is McCormick Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. McCormick's annualized Gross Profit for the quarter that ended in Feb. 2025 was €2,319 Mil. McCormick's average Total Assets over the quarter that ended in Feb. 2025 was €12,348 Mil. Therefore, McCormick's annualized Gross-Profit-to-Asset % for the quarter that ended in Feb. 2025 was 18.78%.


McCormick Gross-Profit-to-Asset % Historical Data

The historical data trend for McCormick's Gross-Profit-to-Asset % 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 Gross-Profit-to-Asset % Chart

McCormick Annual Data
Trend Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.85 20.30 18.45 18.68 20.17

McCormick Quarterly Data
May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25
Gross-Profit-to-Asset % 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 18.65 19.13 19.66 22.41 18.78

Competitive Comparison of McCormick's Gross-Profit-to-Asset %

For the Packaged Foods subindustry, McCormick's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


McCormick's Gross-Profit-to-Asset % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, McCormick's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where McCormick's Gross-Profit-to-Asset % falls into.


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McCormick Gross-Profit-to-Asset % Calculation

McCormick's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Nov. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Nov. 2024 )/( (Total Assets (A: Nov. 2023 )+Total Assets (A: Nov. 2024 ))/ count )
=2440.722/( (11884.765+12312.223)/ 2 )
=2440.722/12098.494
=20.17 %

McCormick's annualized Gross-Profit-to-Asset % for the quarter that ended in Feb. 2025 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Feb. 2025 )/( (Total Assets (Q: Nov. 2024 )+Total Assets (Q: Feb. 2025 ))/ count )
=2319.36/( (12312.223+12383.808)/ 2 )
=2319.36/12348.0155
=18.78 %

* 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.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Feb. 2025) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


McCormick Gross-Profit-to-Asset % Related Terms

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McCormick Business Description

Address
24 Schilling Road, Suite 1, Hunt Valley, MD, USA, 21031
In its 135-year history, McCormick has grown to become the leading global manufacturer, marketer, and distributor of spices, herbs, extracts, seasonings, and other flavorings. Beyond 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 extensive, 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 Cholula, among others.

McCormick Headlines

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