Mccormick MKC
NYSE MKC
$51.50 -0.40 (-0.77%)
As of: Sep 9, 2026 · 3:59 PM EDT

Mccormick (MKC) Restructuring Costs (2009 - 2022)

Mccormick's (MKC) quarterly Restructuring Costs came in at $1.5 million in 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.

Analysis

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

Mccormick (MKC) has reported Restructuring Costs for 6 consecutive years, with $1.5 million the latest figure, recorded 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 climbed to $1.5 million in Q2 2022 per MKC's latest filing, from $700000.0 in the prior quarter.
  • Across five years, Restructuring Costs topped out at $18.8 million in Q1 2021 and bottomed 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 widest YoY moves for Restructuring Costs: up 77.14% in 2018, down 97.55% in 2018.
  • Over 4 years, Restructuring Costs stood at $400000.0 in 2018, then jumped by 3000.0% to $12.4 million in 2020, then plunged by 83.87% to $2.0 million in 2021, then slipped by 25.0% to $1.5 million in 2022.
  • According to Business Quant data, Restructuring Costs over the past three periods registered $1.5 million, $700000.0, and $2.0 million for Q2 2022, Q1 2022, and Q4 2021 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Kraft Heinz 29.22 Bn 26.54 Bn 2.03 Bn
2 General Mills 19.94 Bn 19.49 Bn 1.60 Bn
3 Mccormick 13.84 Bn 13.51 Bn 778.20 Mn
4 J M Smucker 13.17 Bn 13.13 Bn 979.60 Mn
5 Hormel Foods 11.54 Bn 10.67 Bn 471.52 Mn
6 Chewy 8.46 Bn 7.94 Bn 1.01 Bn
7 Conagra Brands 7.25 Bn 7.03 Bn 704.10 Mn
8 Lamb Weston Holdings 6.67 Bn 6.60 Bn 361.40 Mn
9 Campbell'S 6.51 Bn 6.10 Bn 650.00 Mn
10 Post Holdings 3.66 Bn 3.39 Bn 566.30 Mn
Historic Data

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