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Mccormick and Co Inc  (MKC)
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Mccormick And Co Inc's ROA from the third quarter of 2023 to the third quarter of 2022 and 5 Year Period

Return on Assets, Quarterly Results, Trends, Rankings, Statistics


What is Mccormick And Co Inc's ROA in the third quarter of 2023?
Mccormick and Co Inc achieved a return on average assets (ROA) of 4.95 % in its third quarter of 2023, which is below Mccormick And Co Inc's average return on assets, which stands at 8.27%.

ROA fell compared to the second quarter of 2023, despite the net income growth of 11.83% from the second quarter of 2023.

However, within the Consumer Non Cyclical sector 46 other companies had a higher return on assets. While Return on assets, overall ranking has advanced in the Aug 31 2023 quarter, so far to 1051, from total ROA ranking in the second quarter of 2023 at 1145.

What is ROA?


Return On Assets (Aug 31 2023)
III. Quarter
(May 31 2023)
II. Quarter
(Feb 28 2023)
I. Quarter
(Nov 30 2022)
IV. Quarter
(Aug 31 2022)
III. Quarter
Y / Y Total Assets Change 0.39 % -0.37 % 2.06 % 1.71 % 0.44 %
Y / Y Net Income Change -23.69 % 28.35 % -10.2 % -5.93 % 4.94 %
Net Income (TTM) in million 647 700 666 682 694
Return On Assets (TTM) 4.95 % 5.36 % 5.1 % 5.25 % 5.36 %
MKC's Total Ranking # 1051 # 1145 # 1223 # 1449 # 1300
Total Assets (TTM) in million 12,992 12,910 13,207 13,127 12,941
Seq. Total Assets Change 0.63 % -2.25 % 0.61 % 1.44 % -0.13 %
Seq. Net Income Change 11.83 % 9.35 % -25.09 % -16.69 % 88.1 %



Return On Assets Company Ranking
Within: No.
Industry # 16
Sector # 47
Overall # 1050

Return On Assets Statistics
High Average Low
11.35 %
8.27 %
4.9 %
(Feb. 26, 2011)   (Aug. 31, 2006)





Financial Statements
Mccormick And Co Inc's Assets $ 12,992 million MKC's Balance sheet
Mccormick And Co Inc's Income $ 170 million Quarterly MKC's Income Statement
MKC's Income by Division See MKC's Income by Division



Annual Return On Assets (Nov 30 2022)
FY 2022
(Nov 30 2021)
FY 2021
(Nov 30 2020)
FY 2020
(Nov 30 2019)
FY 2019
(Nov 30 2018)
FY 2018
Y / Y Total Assets Change 1.71 % 6.75 % 16.67 % 1.03 % -1.25 %
Total Assets in million 13,127 12,906 12,090 10,362 10,256
Y / Y Net Income Change -9.7 % 1.06 % 6.36 % -24.72 % 95.52 %
Net Income in million 682 755 747 703 933
Return On Assets 5.2 % 5.85 % 6.18 % 6.78 % 9.1 %




Comment on MKC's ROA in the fiscal year ending 2022
In the fiscal year 2022 Mccormick And Co Inc's ROA decreased compared to previous year to 5.2 %, due to deterioration of net income -9.7 % to $682.00 million, from $755.30 million a year ago, as MKC's assets were $13,126.90 million.


More Return On Assets Ratios
MKC's' Return on Assets at Yahoo Finance
Food Processing Industry Return On Assets Trends and Statistics
Consumer Non Cyclical Sector Roa Statistics
Roa Trends for overall market
MKC's Roa Ratio versus Food Processing Industry, Consumer Non Cyclical Sector and overall Market
Highest Ranking Return On Assets
Lowest Ranking Return On Assets
Roa for MKC's Competitors
Roa for Mccormick And Co Inc's Suppliers
Return On Assets for MKC's Customers

You may also want to know
MKC's Roi MKC's Inventory Turnover Ratio MKC's Growth Rates MKC's Dividend Comparisons
MKC's Profitability Ratios MKC's Asset Turnover Ratio MKC's Dividend Growth
MKC's Roe MKC's Valuation Ratios MKC's Financial Strength Ratios MKC's Dividend Payout Ratio



Companies with similar Return On Assets at Aug 31 2023, within Consumer Non Cyclical Sector ROA
Muliang Viagoo Technology Inc   13.39 %
E l f Beauty Inc   13.17 %
The Davey Tree Expert Company  12.48 %
Ennis Inc   11.69 %
Coca cola Consolidated Inc   11.53 %
Lifeway Foods Inc   11.28 %
Coca Cola Co  11.16 %
Celsius Holdings Inc   11.10 %
Fitlife Brands Inc   10.93 %
Colgate palmolive Company  10.83 %
Lancaster Colony Corporation  10.37 %
Usana Health Sciences Inc   9.95 %
Chs Inc   9.57 %
Pepsico Inc   8.78 %
S and w Seed Co  8.76 %
Vital Farms Inc   8.72 %
Tootsie Roll Industries Inc  8.49 %
Ingredion Incorporated  8.34 %
Bunge Limited  8.00 %
General Mills Inc   7.87 %
Mgp Ingredients Inc   7.73 %
Darling Ingredients Inc   7.00 %
Archer daniels midland Co  6.89 %
Mondel z International Inc   6.42 %
The Simply Good Foods Company  6.39 %
J and j Snack Foods Corp  6.27 %
Constellation Brands Inc   6.25 %
The Boston Beer Company Inc   5.73 %
Seaboard Corporation  4.96 %
Mccormick and Co Inc  4.96 %


Date modified: 2023-10-04T09:29:35+00:00


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