Mccormick (MKC) Divestments (2021 - 2023)
Mccormick's (MKC) quarterly Divestments came in at $1.0 million in Q4 2023, down 98.95% on a QoQ basis from $95.2 million in Q3 2022.
Mccormick (MKC) Divestments (2021 - 2023) Analysis & Trends
Mccormick (MKC) has 3 years of Divestments data on file, last reported at $1.0 million in Q4 2023.
- Quarterly Divestments changed N/A year-over-year to $1.0 million in Q4 2023, while the trailing twelve-month figure through Nov 2023 was $96.2 million (up 1.05% YoY) and the FY2023 annual result came in at $1.0 million, down 98.95% from the prior year.
- Divestments retreated to $1.0 million in Q4 2023, from $95.2 million in the prior quarter.
- In the past five years, Divestments ranged from a high of $95.2 million in Q3 2022 to a low of $0.0 in Q3 2021.
- A 3-year average of $32.1 million and a median of $1.0 million in 2023 frame the typical range for Divestments.
- The widest YoY moves for Divestments: up 1.27775277056e+18% in 2022, down 1.27775277056e+18% in 2022.
- Tracing MKC's Divestments over 3 years: stood at $0.0 in 2021, then jumped by 1.27775277056e+18% to $95.2 million in 2022, then tumbled by 98.95% to $1.0 million in 2023.
- The last three Divestments figures came in at $1.0 million (Q4 2023), $95.2 million (Q3 2022), and $0.0 (Q3 2021), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Divestments (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 30.23 Bn | 27.54 Bn | 2.03 Bn | - |
| 2 | General Mills | 21.36 Bn | 20.90 Bn | 1.60 Bn | - |
| 3 | Mccormick | 14.89 Bn | 14.56 Bn | 778.20 Mn | - |
| 4 | Jbs | 14.54 Bn | 11.07 Bn | 4.91 Bn | - |
| 5 | Hormel Foods | 13.26 Bn | 12.40 Bn | 518.51 Mn | 21.18 Mn |
| 6 | J M Smucker | 13.17 Bn | 13.11 Bn | 862.10 Mn | - |
| 7 | Magnum Ice Cream | 12.10 Bn | 11.38 Bn | - | - |
| 8 | Darling Ingredients | 10.78 Bn | 10.62 Bn | 503.37 Mn | - |
| 9 | Smithfield Foods | 8.77 Bn | 7.42 Bn | 478.00 Mn | - |
| 10 | Conagra Brands | 7.80 Bn | 7.58 Bn | 704.10 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Nov 30, 2023 | 1.00 Mn |
| Aug 31, 2022 | 95.20 Mn |
| Aug 31, 2021 | 0.00 |