Consumer Defensive -
Packaged Foods - NYSE - US
$ 84.29
2.28 %
$ 22.7 B
Market Cap
28.87
P/E
INCOME STATEMENT
EFFICIENCY
Earnings Waterfall
McCormick & Company, Incorporated
| Revenue | 6.72 B |
| Cost Of Revenue | 4.13 B |
| Gross Profit | 2.59 B |
| Operating Expenses | 1.53 B |
| Operating Income | 1.06 B |
| Other Expenses | 272 M |
| Net Income | 788 M |
Income Statement
Millions
| Nov-2024 | Nov-2023 | Nov-2022 | Nov-2021 | Nov-2020 | Nov-2019 | Nov-2018 | Nov-2017 | Nov-2016 | Nov-2015 | Nov-2014 | Nov-2013 | Nov-2012 | Nov-2011 | Nov-2010 | Nov-2009 | Nov-2008 | Nov-2007 | Nov-2006 | Nov-2005 | Nov-2004 | Nov-2003 | Nov-2002 | Nov-2001 | Nov-2000 | Nov-1999 | Nov-1998 | Nov-1997 | Nov-1996 | Nov-1995 | Nov-1994 | Nov-1993 | Nov-1992 | Nov-1991 | Nov-1990 | Nov-1989 | Nov-1988 | Nov-1987 | Nov-1986 | Nov-1985 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| REVENUE | ||||||||||||||||||||||||||||||||||||||||
| Revenue | 6 723.7 | 6 662.2 | 6 350.5 | 6 317.9 | 5 601.3 | 5 347.4 | 5 302.8 | 4 834.1 | 4 411.5 | 4 296.3 | 4 243.2 | 4 123.4 | 4 014.2 | 3 697.6 | 3 336.8 | 3 192.1 | 3 176.6 | 2 916.2 | 2 716.4 | 2 592.0 | 2 526.2 | 2 269.6 | 2 320.0 | 2 373.3 | 2 123.5 | 2 006.9 | 1 881.1 | 1 801.0 | 1 732.5 | 1 858.7 | 1 694.8 | 1 556.6 | 1 471.4 | 1 427.9 | 1 323.0 | 1 246.1 | 1 183.9 | 1 078.5 | 975.7 | 873.0 |
| GROSS PROFIT | ||||||||||||||||||||||||||||||||||||||||
| Cost Of Revenue | 4 132.7 | 4 159.7 | 4 076.0 | 3 823.3 | 3 300.9 | 3 202.1 | 3 213.7 | 2 823.9 | 2 579.8 | 2 559.0 | 2 513.0 | 2 457.6 | 2 396.4 | 2 175.1 | 1 919.1 | 1 864.9 | 1 888.4 | 1 724.4 | 1 601.8 | 1 555.4 | 1 518.3 | 1 371.0 | 1 463.4 | 1 401.0 | 1 257.4 | 1 232.3 | 1 177.4 | 1 123.0 | 1 064.2 | 1 147.8 | 1 004.1 | 902.9 | 843.6 | 846.0 | 801.6 | 771.1 | 1 078.1 | 677.6 | 605.3 | 536.3 |
| Gross Profit | 2 591.0 | 2 502.5 | 2 274.5 | 2 494.6 | 2 300.4 | 2 145.3 | 2 089.1 | 2 010.2 | 1 831.7 | 1 737.3 | 1 730.2 | 1 665.8 | 1 617.8 | 1 522.5 | 1 417.7 | 1 327.2 | 1 288.2 | 1 191.8 | 1 114.6 | 1 036.6 | 1 007.9 | 898.6 | 856.6 | 972.3 | 866.1 | 774.6 | 703.7 | 678.0 | 668.3 | 710.9 | 690.7 | 653.7 | 627.8 | 581.9 | 521.4 | 475.0 | 105.8 | 400.9 | 370.4 | 336.7 |
| OPERATING INCOME | ||||||||||||||||||||||||||||||||||||||||
| Operating Expenses | 1 530.7 | 1 539.5 | 1 357.1 | 1 404.1 | 1 281.6 | 1 166.8 | 1 159.2 | 1 244.8 | 1 175.0 | 1 127.4 | 1 122.0 | 1 090.3 | 1 039.5 | 982.2 | 907.9 | 846.6 | 899.6 | 806.9 | 772.6 | 693.1 | 675.2 | 603.1 | 578.9 | 730.7 | 640.0 | 579.7 | 518.6 | 510.3 | 516.9 | 509.8 | 492.0 | 473.2 | 460.6 | 436.3 | 394.3 | 373.0 | 27.5 | 337.8 | 303.5 | 276.1 |
| Selling, General and Administrative Expenses | 1 521.2 | 1 383.4 | 1 357.1 | 1 404.1 | 1 281.6 | 1 166.8 | 1 159.2 | 1 244.8 | 1 175.0 | 1 127.4 | 1 122.0 | 1 090.3 | 1 039.5 | 982.2 | 907.9 | 846.6 | 870.6 | 806.9 | 772.6 | 681.9 | 677.7 | 597.6 | 570.9 | 719.9 | 578.7 | 522.3 | 463.8 | 461.0 | 453.1 | 446.1 | 429.5 | 422.7 | 416.8 | 395.8 | 357.7 | 338.2 | 0 | 305.2 | 271.4 | 247.9 |
| Research and Development Expenses | 0 | 94.9 | 87.5 | 87.3 | 68.6 | 67.3 | 69.4 | 66.1 | 61.0 | 60.8 | 62.0 | 61.3 | 57.8 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 1 060.3 | 963.0 | 863.6 | 1 015.1 | 999.5 | 957.7 | 891.1 | 702.4 | 641.0 | 548.4 | 603.0 | 550.5 | 578.3 | 540.3 | 509.8 | 466.9 | 376.5 | 354.2 | 269.6 | 343.5 | 332.7 | 295.5 | 277.7 | 240.6 | 226.1 | 194.9 | 185.1 | 167.7 | 151.4 | 201.1 | 198.7 | 180.5 | 167.2 | 145.6 | 127.1 | 102.0 | 78.3 | 63.1 | 66.9 | 60.6 |
| PRE-TAX INCOME | ||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense | 209.4 | 208.2 | 149.1 | 136.6 | 135.6 | 165.2 | 174.6 | 90.0 | 56.0 | 53.3 | 49.7 | 53.3 | 54.6 | 51.2 | 49.3 | 52.8 | 56.7 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Other Income | (162.0) | (164.3) | (50.8) | (119.3) | (118.0) | (138.5) | (149.8) | (105.0) | (51.8) | (52.2) | (48.6) | (51.1) | (52.2) | (48.9) | (47.1) | (61.3) | (38.7) | (74.1) | (131.2) | (47.8) | (38.9) | (25.5) | (38.5) | (44.6) | (20.9) | (31.5) | (26.4) | (17.6) | (84.0) | (51.9) | (111.7) | (20.3) | (28.9) | (21.9) | (19.1) | (20.0) | (19.9) | (14.2) | (15.7) | (14.7) |
| Pre-Tax Income | 898.3 | 798.7 | 812.8 | 895.8 | 881.5 | 819.2 | 741.3 | 594.8 | 589.2 | 496.2 | 554.4 | 499.4 | 526.1 | 491.4 | 462.7 | 416.5 | 337.8 | 302.4 | 223.0 | 295.7 | 293.8 | 270.0 | 234.8 | 190.4 | 204.1 | 163.4 | 158.7 | 150.1 | 67.4 | 149.2 | 87.0 | 160.2 | 138.3 | 123.7 | 108.0 | 82.0 | 58.4 | 48.9 | 51.2 | 45.9 |
| NET INCOME | ||||||||||||||||||||||||||||||||||||||||
| Tax Provision | 184.0 | 174.5 | 168.6 | 192.7 | 174.9 | 157.4 | (157.3) | 151.3 | 153.0 | 131.3 | 145.9 | 133.6 | 139.8 | 142.6 | 118.0 | 133.0 | 100.6 | 92.2 | 64.7 | 96.7 | 89.0 | 83.4 | 74.3 | 62.9 | 66.6 | 60.1 | 54.9 | 52.7 | 23.9 | 53.7 | 33.8 | 60.5 | 53.0 | 42.8 | 38.6 | 29.5 | 22.8 | 18.3 | 21.5 | 18.1 |
| Net Income | 788.5 | 680.6 | 682.0 | 755.3 | 747.4 | 702.7 | 933.4 | 477.4 | 472.3 | 401.6 | 437.9 | 389.0 | 407.8 | 374.2 | 370.2 | 299.8 | 255.8 | 230.1 | 202.2 | 214.9 | 214.5 | 210.8 | 179.8 | 146.6 | 137.5 | 103.3 | 103.8 | 98.4 | 41.9 | 97.6 | 61.1 | 73.1 | 95.2 | 80.9 | 69.4 | 52.5 | 36.3 | 30.6 | 29.7 | 27.8 |
| EPS | 2.94 | 2.54 | 2.54 | 2.83 | 2.8 | 2.65 | 3.55 | 1.88 | 1.87 | 1.57 | 1.69 | 1.47 | 1.54 | 1.41 | 1.39 | 1.15 | 0.99 | 0.89 | 0.77 | 0.8 | 0.78 | 0.76 | 0.64 | 0.53 | 0.5 | 0.36 | 0.36 | 0.39 | 0.13 | 0.3 | 0.19 | 0.23 | 0.3 | 0.25 | 0.22 | 0.16 | 0.1 | 0.082 | 0.077 | 0.0709 |