Mccormick MKC
NYSE MKC
$55.24 -1.24 (-2.20%)
At close: Aug 20, 2026 · 4:00 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% 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
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