Mccormick (MKC) Restructuring Costs (2009 - 2022)
Mccormick's (MKC) quarterly Restructuring Costs came in at $1.5 million in Q2 2022, down 78.26% YoY from $6.9 million in Q2 2021, and up 114.29% on a QoQ basis from $700000.0 in Q1 2022.
Mccormick (MKC) Restructuring Costs (2009 - 2022) Analysis & Trends
Mccormick (MKC) has 6 years of Restructuring Costs data on file, last reported at $1.5 million in Q2 2022.
- Quarterly Restructuring Costs fell 78.26% year-over-year to $1.5 million in Q2 2022, while the trailing twelve-month figure through Feb 2023 was $1.5 million (down 86.24% YoY) and the FY2022 annual result came in at $2.2 million, down 92.41% from the prior year.
- Restructuring Costs rose to $1.5 million in Q2 2022, from $700000.0 in the prior quarter.
- In the past five years, Restructuring Costs ranged from a high of $18.8 million in Q1 2021 to a low of $400000.0 in Q4 2018.
- A 4-year average of $6.0 million and a median of $5.6 million in 2018 frame the typical range for Restructuring Costs.
- The widest YoY moves for Restructuring Costs: up 77.14% in 2018, down 97.55% in 2018.
- Tracing MKC's Restructuring Costs over 4 years: 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 | 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 |
| 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 |
|---|---|
| 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 |