Mccormick (MKC-V) Restructuring Costs (2009 - 2022)

Mccormick (MKC-V) reported Restructuring Costs of $1.5 million for Q2 2022, down 78.26% on a YoY basis from $6.9 million in Q2 2021, and up 114.29% quarter-over-quarter from $700000.0 in Q1 2022.

Mccormick (MKC-V) Restructuring Costs (2009 - 2022) Analysis & Trends

Mccormick has reported Restructuring Costs for 6 years, with the latest figure at $1.5 million in Q2 2022.

  • For the quarter ending Q2 2022, Restructuring Costs fell 78.26% year-over-year to $1.5 million; the trailing twelve-month figure through Feb 2023 stood at $1.5 million (down 86.24% YoY), and the FY2022 full-year result was $2.2 million, down 92.41% from the prior year.
  • Restructuring Costs for Q2 2022 stood at $1.5 million, up from $700000.0 in the prior quarter.
  • The five-year high for Restructuring Costs was $18.8 million in Q1 2021, with the low at $400000.0 in Q4 2018.
  • Historically, Restructuring Costs has averaged $6.0 million across 4 years, with a median of $5.6 million in 2018.
  • The largest YoY upside for Restructuring Costs was 77.14% in 2018 against a maximum downside of 97.55% in 2018.
  • Mccormick's Restructuring Costs stood at $400000.0 in 2018, then surged by 3000.0% to $12.4 million in 2020, then slumped by 83.87% to $2.0 million in 2021, then retreated by 25.0% to $1.5 million in 2022.
  • The last three Restructuring Costs figures came in at $1.5 million (Q2 2022), $700000.0 (Q1 2022), and $2.0 million (Q4 2021), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Paranovus Entertainment Technology 75,216.52 Bn 75,216.52 Bn -
2 Kraft Heinz 26.76 Bn 22.68 Bn 2.22 Bn
3 General Mills 17.79 Bn 17.02 Bn 1.37 Bn
4 Jbs 13.93 Bn 9.37 Bn 2.32 Bn
5 Hormel Foods 13.00 Bn 12.16 Bn 518.51 Mn
6 Mccormick 12.70 Bn 13.10 Bn 708.90 Mn
7 Magnum Ice Cream 12.17 Bn 11.70 Bn -
8 J M Smucker 11.05 Bn 10.99 Bn 827.80 Mn
9 Smithfield Foods 10.57 Bn 9.49 Bn 511.00 Mn
10 Mccormick - - 708.90 Mn

Historic Data

Download Data
DateValue
May 31, 2022 1.50 Mn
Feb 28, 2022 700,000.00
Nov 30, 2021 2.00 Mn
Aug 31, 2021 1.30 Mn
May 31, 2021 6.90 Mn
Feb 28, 2021 18.80 Mn
Nov 30, 2020 12.40 Mn
Nov 30, 2018 400,000.00
Aug 31, 2018 5.60 Mn
May 31, 2018 7.80 Mn
Feb 28, 2018 8.70 Mn
Nov 30, 2017 16.30 Mn
Aug 31, 2017 24.50 Mn
Nov 30, 2009 8.00 Mn
Aug 31, 2009 900,000.00