Pre-Tax Profit Margin (Annual)

Pre-Tax Profit Margin: Earnings before taxes as a portion of total revenue. Calculated as: Pre-Tax Income / Total Revenues

McCormick & Company, Incorporated (MKC) had Pre-Tax Profit Margin of 13.36% for the most recently reported fiscal year, ending 2024-11-30.

Quarterly Annual

Figures for fiscal year ending 2024-11-30

Income Statement Financials
Revenue	$6.72B
Net Income	$788.50M
Cost of Goods Sold	$4.13B
Gross Profit	$2.59B
Operating Expenses	$5.66B
Operating Income	$1.06B
Non-Operating Income/Expense	$-162.00M
Pre-Tax Income	$898.30M
Normalized Pre-Tax Income	$898.30M
Income after Taxes	$714.30M
Income from Continuous Operations	$714.30M
Consolidated Net Income/Loss	$714.30M
Normalized Income after Taxes	$714.30M
EBIT	$1.06B
EBITDA	$1.27B
Weighted-Average Shares Outstanding (Basic)	268.50M
Weighted-Average Shares Outstanding (Diluted)	269.60M
Earnings per Share (EPS) (Basic)	$2.94
Earnings per Share (EPS) (Diluted)	$2.92
Balance Sheet Financials
Current Assets	$2.14B
Property, Plant, and Equipment	$1.41B
Long-Term Assets	$10.93B
Total Assets	$13.07B
Current Liabilities	$2.88B
Long-Term Debt	$3.59B
Long-Term Liabilities	$4.87B
Total Liabilities	$7.75B
Common Equity	$5.32B
Tangible Shareholders Equity	$-3.23B
Shareholders Equity	$5.32B
Common Shares Outstanding	268.00M
Cash Flow Statement Financials
Cash Flow from Operating Activities	$921.90M
Cash Flow from Investing Activities	$-269.00M
Cash Flow from Financial Activities	$-583.10M
Beginning Cash	$166.60M
End Cash	$186.10M
Increase/Decrease in Cash	$19.50M
Stock-Based Compensation	$47.40M
Common Stock Dividends Paid	$-451.00M
Preferred Stock Dividends Paid	--
Fundamental Metrics & Ratios
Current Ratio	0.74
Non-Performing Assets / Total Loans	--
Loan Loss Reserves / Non-Performing Loans	--
Debt to Capital Ratio	0.40
Debt to Equity Ratio	0.82
Gross Margin	38.54%
Operating Margin	15.77%
EBIT Margin	15.77%
EBITDA Margin	18.88%
Pre-Tax Profit Margin	13.36%
Profit Margin	11.73%
Free Cash Flow	$647.00M
Loss Ratio	--
Expense Ratio	--
Combined Ratio	--
Asset Turnover	0.51
Inventory Turnover	3.33
Receiveable Turnover	11.45
Days Sales in Receivables	31.89
Return on Equity	13.43%
Return on Tangible Equity	-22.12%
Return on Assets	5.47%
Return on Investments	8.02%
Book Value Per Share	$19.84
Free Cash Flow per Share	$2.40
Operating Cash Flow per Share	$3.42

Data from Zacks Investment Research, Inc.