McCormick (FRA:MCX) Tax Rate % : 22.31% (As of Feb. 2025)

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What is McCormick Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. McCormick's Tax Expense for the three months ended in Feb. 2025 was €40 Mil. McCormick's Pre-Tax Income for the three months ended in Feb. 2025 was €179 Mil. Therefore, McCormick's Tax Rate % for the quarter that ended in Feb. 2025 was 22.31%.

McCormick Tax Rate % Historical Data

The historical data trend for McCormick's Tax Rate % 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 Tax Rate % Chart

McCormick Annual Data

Trend

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Nov24

Tax Rate %

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19.84

21.51

20.74

21.85

20.48

McCormick Quarterly Data
	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24	Feb25
Tax Rate %	Get a 7-Day Free Trial															25.53	13.53	16.65	25.44	22.31

McCormick Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

McCormick's Tax Rate % for the fiscal year that ended in Nov. 2024 is calculated as

Tax Rate %	=	Tax Expense (A: Nov. 2024 )	/	Pre-Tax Income (A: Nov. 2024 )
	=	173.328	/	846.199
	=	20.48 %

McCormick's Tax Rate % for the quarter that ended in Feb. 2025 is calculated as

Tax Rate %	=	Tax Expense (Q: Feb. 2025 )	/	Pre-Tax Income (Q: Feb. 2025 )
	=	39.936	/	179.04
	=	22.31 %

McCormick Tax Rate % Related Terms

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McCormick Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » McCormick & Co Inc (FRA:MCX) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

MKC.V:USA MKC:USA 0JZS:UK MCX0:Germany MCX:Germany M1KC34:Brazil MKC:Austria

Address

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

Website

https://www.mccormickcorporation.com

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.

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