Mccormick (MKC) Restructuring Costs (2009 - 2022)

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

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

Mccormick's Restructuring Costs history runs 6 years deep, the most recent figure standing at $1.5 million for 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 was $1.5 million for Q2 2022 at Mccormick, up 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.
  • A 4-year average of $6.0 million and a median of $5.6 million in 2018 frame the typical range for Restructuring Costs.
  • Peak annual rise in Restructuring Costs reached 77.14% in 2018, while the deepest fall reached 97.55% in 2018.
  • Mccormick's 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.
  • Business Quant data shows MKC's Restructuring Costs at $1.5 million in Q2 2022, $700000.0 in Q1 2022, and $2.0 million in Q4 2021.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Kraft Heinz 30.29 Bn 26.20 Bn 2.22 Bn
2 General Mills 19.35 Bn 18.90 Bn 1.60 Bn
3 Hormel Foods 13.90 Bn 13.04 Bn 518.51 Mn
4 Mccormick 13.45 Bn 13.12 Bn 778.20 Mn
5 Magnum Ice Cream 10.95 Bn 10.43 Bn -
6 Smithfield Foods 10.34 Bn 8.95 Bn 511.00 Mn
7 Darling Ingredients 9.92 Bn 9.80 Bn 404.92 Mn
8 Oatly Group AB 8.23 Bn 8.23 Bn 76.34 Mn
9 Conagra Brands 7.07 Bn 6.85 Bn 704.10 Mn
10 Lamb Weston Holdings 6.87 Bn 6.81 Bn 331.60 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