McCormick & Company, Incorporated
McCormick & Company, Incorporated manufactures, markets, and distributes spices, seasoning mixes, condiments, and other flavorful products to the food industry. It operates in two segments, Consumer and Flavor Solutions. The Consumer segment offers spice…
Packaged Foods
US, Hunt Valley [HQ]
MKC-V/Financial Reporting
Income Statements
Profit & Loss · 15 Statements · From 2023 to 2009Configuration
In Million USD. Margins, Growth Rates In %
| Metric | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3,192.00 | 3,336.00 | 3,697.00 | 4,014.00 | 4,123.00 | 4,243.00 | 4,296.00 | 4,411.00 | 4,834.00 | 5,302.00 | 5,347.00 | 5,601.00 | 6,317.00 | 6,350.00 | 6,662.00 | |
|
EPS
|
1.15 | 1.39 | 1.41 | 1.54 | 1.47 | 1.69 | 1.57 | 1.87 | 1.88 | 3.55 | 2.65 | 2.80 | 2.83 | 2.54 | 2.54 | |
| Diluted in mil. | 1.13 | 1.37 | 1.39 | 1.52 | 1.46 | 1.67 | 1.55 | 1.84 | 1.86 | 3.50 | 2.62 | 2.78 | 2.80 | 2.52 | 2.52 | |
|
Profit
|
1,327.00 | 1,417.00 | 1,522.00 | 1,617.00 | 1,665.00 | 1,730.00 | 1,737.00 | 1,831.00 | 2,010.00 | 2,089.00 | 2,145.00 | 2,300.00 | 2,494.00 | 2,274.00 | 2,502.00 | |
| Gross Margin | 41.58 | 42.49 | 41.18 | 40.30 | 40.40 | 40.78 | 40.44 | 41.52 | 41.58 | 39.40 | 40.12 | 41.07 | 39.48 | 35.82 | 37.56 | |
| Pre Tax | 416.00 | 462.00 | 491.00 | 526.00 | 499.00 | 554.00 | 496.00 | 589.00 | 594.00 | 741.00 | 819.00 | 881.00 | 895.00 | 812.00 | 798.00 | |
| Profit Margin | 13.05 | 13.87 | 13.29 | 13.11 | 12.11 | 13.07 | 11.55 | 13.36 | 12.30 | 13.98 | 15.32 | 15.74 | 14.18 | 12.80 | 11.99 | |
| ETR | 31.93 | 25.50 | 29.02 | 26.57 | 26.75 | 26.32 | 26.46 | 25.97 | 25.44 | -21.22 | 19.21 | 19.84 | 21.51 | 20.74 | 21.85 | |
| Net | 299.00 | 370.00 | 374.00 | 407.00 | 389.00 | 437.00 | 401.00 | 472.00 | 477.00 | 933.00 | 702.00 | 747.00 | 755.00 | 682.00 | 680.00 | |
| Profit Margin | 9.39 | 11.09 | 10.12 | 10.16 | 9.43 | 10.32 | 9.35 | 10.71 | 9.88 | 17.60 | 13.14 | 13.34 | 11.95 | 10.74 | 10.22 | |
| EBITDA | 574.00 | 509.00 | 638.00 | 683.00 | 658.00 | 706.00 | 655.00 | 753.00 | 856.00 | 938.00 | 1,143.00 | 1,194.00 | 1,294.00 | 1,166.00 | 1,268.00 | |
| EBITDA Margin | 18.01 | 15.28 | 17.27 | 17.03 | 15.97 | 16.66 | 15.25 | 17.09 | 17.72 | 17.70 | 21.38 | 21.33 | 20.48 | 18.37 | 19.04 | |
| Operating Income | 466.00 | 509.00 | 540.00 | 578.00 | 550.00 | 603.00 | 548.00 | 641.00 | 702.00 | 891.00 | 957.00 | 999.00 | 1,015.00 | 863.00 | 963.00 | |
| Operating Margin | 14.63 | 15.28 | 14.61 | 14.41 | 13.35 | 14.21 | 12.76 | 14.53 | 14.53 | 16.80 | 17.91 | 17.84 | 16.07 | 13.60 | 14.45 | |
| Interest Income | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | 155.00 | 7.00 | 9.00 | 17.00 | 36.00 | |
| Loss | -2,711.00 | -2,827.00 | -3,157.00 | -3,435.00 | -3,547.00 | -3,635.00 | -3,686.00 | -3,754.00 | -4,068.00 | -4,372.00 | -4,368.00 | -4,582.00 | -5,227.00 | -5,433.00 | -5,638.00 | |
| Cost of Revenue | -1,864.00 | -1,919.00 | -2,175.00 | -2,396.00 | -2,457.00 | -2,513.00 | -2,559.00 | -2,579.00 | -2,823.00 | -3,213.00 | -3,202.00 | -3,300.00 | -3,823.00 | -4,076.00 | -4,159.00 | |
|
Operating Expenses
|
-846.00 | -907.00 | -982.00 | -1,039.00 | -1,090.00 | -1,122.00 | -1,127.00 | -1,175.00 | -1,244.00 | -1,159.00 | -1,166.00 | -1,281.00 | -1,404.00 | -1,357.00 | -1,478.00 | |
| R&D | - - | - - | - - | -57.00 | -61.00 | -62.00 | -60.00 | -61.00 | -66.00 | -69.00 | -67.00 | -68.00 | -87.00 | -87.00 | -94.00 | |
| G&A | -846.00 | -907.00 | -982.00 | -1,039.00 | -1,090.00 | -1,122.00 | -1,127.00 | -1,175.00 | -1,244.00 | -1,429.00 | -1,166.00 | -1,281.00 | -1,166.00 | -1,116.00 | -1,231.00 | |
| SG&A | -846.00 | -907.00 | -982.00 | -1,039.00 | -1,090.00 | -1,122.00 | -1,127.00 | -1,175.00 | -1,244.00 | -1,159.00 | -1,166.00 | -1,281.00 | -1,404.00 | -1,357.00 | -1,478.00 | |
| S&M | - - | - - | - - | -293.00 | -304.00 | -326.00 | -336.00 | -343.00 | -172.00 | -270.00 | -214.00 | -230.00 | -237.00 | -240.00 | -247.00 | |
| Depreciation and Amortization | -94.00 | -95.00 | -98.00 | -102.00 | -106.00 | -102.00 | -105.00 | -108.00 | -125.00 | -150.00 | -158.00 | -165.00 | -186.00 | -200.00 | -199.00 | |
| Interest Expenses | -52.00 | -49.00 | -51.00 | -54.00 | -53.00 | -49.00 | -53.00 | -56.00 | -95.00 | -174.00 | -165.00 | -135.00 | -136.00 | -149.00 | -208.00 | |
| Other Expenses | -11.00 | -2.00 | -2.00 | -2.00 | -22.00 | -4.00 | -60.00 | -11.00 | -59.00 | -14.00 | -138.00 | -118.00 | -119.00 | -50.00 | -53.00 | |
|
WA Shares Outstanding
|
261.00 | 265.00 | 265.00 | 265.00 | 264.00 | 259.00 | 256.00 | 253.00 | 253.00 | 263.00 | 265.00 | 266.00 | 267.00 | 268.00 | 268.00 | |
| Diluted | 264.00 | 269.00 | 268.00 | 268.00 | 267.00 | 262.00 | 258.00 | 256.00 | 256.00 | 266.00 | 268.00 | 269.00 | 269.00 | 270.00 | 269.00 |