CSIMarket


Mccormick and Co Inc  (MKC)
Other Ticker:  
 


 

Mccormick and Co Inc

MKC's Financial Statements and Analysis



Mccormick and Co Inc reported in the forth quarter of 2023 net earnings per share of $0.81 an increase by 18.54 % year on year from $0.68 and an improvement of 28.68 % from $0.63 realized in III. Quarter (Aug 31 2023).


forth quarter of 2023
Earnings Per Share Revenues
$ 0.81 $  1,753 Mill
$+0.13     +18.54 % $+57M     +3.37 %



Mccormick And Co Inc's Revenue rose by 3.37 % in forth quarter of 2023 (Nov 30 2023) year on year, to $1,753 million and advanced by 4.04 % sequentially.


Mccormick And Co Inc is

More on MKC's Income Statement



Mccormick And Co Inc's net income of $219.300 million in the forth quarter of 2023 increased by 18.09 % from net earnings of $185.700 million achieved in IV. Quarter a year ago.

Sequentially net earnings grew by 28.92 % from net income of $170.100 million realized in previous quarter.

More on MKC's Growth




Mccormick And Co Inc Inventories
Inventories declined by -15.94 % to $1,126.50 million from IV. Quarter a year ago, sequentially inventories fell by -8.08 %. MKC's Cash flow In the forth quarter of 2023 company's net cash flow was $12 million, capital expenditures grew by -95.2-19.43%, to $-77 millions compare to same quarter a year ago

More on MKC's Cash flow Statement


Mccormick and Co Inc payed out dividend of $1.56 per share in last 52 weeks representing 61.90 % of net earning per share in trailing twelve-month period.

During the same period Mccormick and Co Inc earned $ 4.58 cash per share, on a free-cash flow basis 181.8 % of net earning per share.

Book value grew by 0.27 % sequentially to $18.82 per share, 57.87% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ -13.08 per share from $ -13.13.

Company repurchased 0.02 million shares or 0.01 % in Nov 30 2023.
Interest Coverage Ratio was 4.84. Debt Coverage Ratio was 0.21.

More on MKC's Dividends

 Market Capitalization (Millions) 18,398
 Shares Outstanding (Millions) 270
 Total Debt (Millions $) 4,411
 Revenue (TTM) (Millions $) 6,662
 Net Income (TTM) (Millions $) 681
 Cash Flow (TTM) (Millions $) -167
 Capital Exp. (TTM) (Millions $) -264
 Dividend TTM ($) 1.56 $
 Dividend Yield TTM (%) 2.28 %
 Employees (TTM) $ 14,000




Mccormick and Co Inc payed out dividend of $1.56 per share in the last 52 weeks representing 61.90 % of net earning per share in trailing twelve-month period.

During the same period Mccormick and Co Inc had $ 4.58 cash flow per share, on a free-cash flow basis 181.8 % of net earning per share.

Book value grew by 0.27 % sequentially to $18.82 per share, 57.87% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ -13.08 per share from $ -13.13.

Company repurchased 0.02 million shares or 0.01 % in Nov 30 2023.
Interest Coverage Ratio was 4.84. Debt Coverage Ratio was 0.21.

More on MKC's Balance Sheets

 Market Capitalization (Millions) 18,398
 Shares Outstanding (Millions) 270
 Total Debt (Millions $) 4,411
 Revenue (TTM) (Millions $) 6,662
 Net Income (TTM) (Millions $) 681
 Cash Flow (TTM) (Millions $) -167
 Capital Exp. (TTM) (Millions $) -264
 Dividend TTM ($) 1.56 $
 Dividend Yield TTM (%) 2.28 %
 Employees (TTM) $ 14,000
   


  News about Mccormick and Co Inc Earnings

Headline: McCormick And Co Inc Records Impressive Double Digit EPS Growth of 18.54% and Revenue Rise of 3.367% in Fiscal Year Ending November 30, 2023

Mccormick And Co Inc, a renowned Food Processing company, has recently seen a significant gain of 5.49% in its shares over the past five trading days. Moreover, during the preceding month, the company's shares also experienced an increase of 1.08%. Despite these gains, Mccormick And Co Inc shares are currently trading only 16% above its 52-week low.
In terms of financial performance, Mccormick And Co Inc witnessed a notable improvement in its income for the fiscal span ending November 30, 2023. The company's income grew by 18.54% to $0.81 per share, compared to $0.68 per share from the previous year. Additionally, the company's earnings saw significant growth of 28.68% from $0.63 per share in the precedi...

Mccormick And Co Inc Witnesses Significant Deterioration in EPS by -23.17% during Q3 2023

MKC, a leading company in the Food Processing sec...

McCormick & Co Inc Experiences a Remarkable 27.27% Elevational Surge in Profits during Q2 of 2023 Financial Year

McCormick and Co Inc Reports Strong Q2 2023 Earnings, but Future Performance Remains Uncertain
October 05, 2023
Investors witnessed an impressive performance from McCormick and Co Inc during the second quarter of 2023 earnings season as the company reported a significant increase in revenue and profitability. The company's revenue grew by 7.965% to $1.66 billion compared to $1.54 billion in the previous year, showcasing its ability to generate consistent growth. Additionally, MKC recorded a promising profitability advance of 27.27% to $0.56, up from $0.44 in the prior year reporting season.
The growth trend continued from the first quarter as the Q2 revenue experienced a solid increase of 5.985% ...


Date modified: 2024-01-26T14:11:45+00:00





Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com