Normalized Pre-Tax Income (Quarterly)

Normalized Pre-Tax Income: A company's income before income tax expense smoothed out by removing non-recurring items.

McCormick & Company, Incorporated (MKC) had Normalized Pre-Tax Income of $186.50M for the most recently reported fiscal quarter, ending 2025-02-28.

Quarterly Annual

Figures for fiscal quarter ending 2025-02-28

Income Statement Financials
Revenue	$1.61B
Net Income	$162.30M
Cost of Goods Sold	$1.00B
Gross Profit	$604.00M
Operating Expenses	$1.38B
Operating Income	$225.20M
Non-Operating Income/Expense	$-38.70M
Pre-Tax Income	$186.50M
Normalized Pre-Tax Income	$186.50M
Income after Taxes	$144.90M
Income from Continuous Operations	$144.90M
Consolidated Net Income/Loss	$144.90M
Normalized Income after Taxes	$144.90M
EBIT	$225.20M
EBITDA	$279.00M
Weighted-Average Shares Outstanding (Basic)	268.30M
Weighted-Average Shares Outstanding (Diluted)	269.50M
Earnings per Share (EPS) (Basic)	$0.60
Earnings per Share (EPS) (Diluted)	$0.60
Balance Sheet Financials
Current Assets	$2.01B
Property, Plant, and Equipment	$1.39B
Long-Term Assets	$10.89B
Total Assets	$12.90B
Current Liabilities	$3.10B
Long-Term Debt	$3.10B
Long-Term Liabilities	$4.35B
Total Liabilities	$7.45B
Common Equity	$5.45B
Tangible Shareholders Equity	$-3.06B
Shareholders Equity	$5.45B
Common Shares Outstanding	268.10M
Cash Flow Statement Financials
Cash Flow from Operating Activities	$115.50M
Cash Flow from Investing Activities	$-37.10M
Cash Flow from Financial Activities	$-155.20M
Beginning Cash	$186.10M
End Cash	$102.80M
Increase/Decrease in Cash	$-83.30M
Stock-Based Compensation	$20.00M
Common Stock Dividends Paid	$-120.70M
Preferred Stock Dividends Paid	--
Fundamental Metrics & Ratios
Current Ratio	0.65
Non-Performing Assets / Total Loans	--
Loan Loss Reserves / Non-Performing Loans	--
Debt to Capital Ratio	0.36
Debt to Equity Ratio	0.79
Gross Margin	37.62%
Operating Margin	14.03%
EBIT Margin	14.03%
EBITDA Margin	--
Pre-Tax Profit Margin	11.62%
Profit Margin	10.11%
Free Cash Flow	$78.40M
Loss Ratio	--
Expense Ratio	--
Combined Ratio	--
Asset Turnover	0.12
Inventory Turnover	0.80
Receiveable Turnover	3.11
Days Sales in Receivables	28.98
Return on Equity	2.66%
Return on Tangible Equity	-4.73%
Return on Assets	1.12%
Return on Investments	1.70%
Book Value Per Share	$20.33
Free Cash Flow per Share	$0.29
Operating Cash Flow per Share	$0.43

Data from Zacks Investment Research, Inc.