Mccormick & Co Inc (MKC)
When your chicken is bland and your soup is boring, McCormick comes to the rescue. They sell every single spice you can think of to bring a little flavor to your kitchen. They sell other food products under brand names like Zatarain, Simply Asia, Lawry's, and Adolph's. They've been around since 1889 and are based in Maryland.
| Yearly Income Statement | 2011 Annual |
|---|---|
|
All the money that a company makes from selling their products or services. Kind of like your salary. 
Total Revenue
|
$3.70b |
|
What companies get to keep after paying for the costs of selling their product. So if you sell lemonade for $1 and it costs you 50 cents to make, your gross profit is 50 cents.
Gross Profit
|
$1.52b |
|
The money they generate solely from their core business. So the money you make at a garage sale doesn't count, but your salary does.
Operating Income
|
$551.20m |
|
The bottom line -- what they get to keep after paying all of their expenses. It's what's left of your salary after paying for your needs that you can put towards your wants.
Net Income
|
$374.20m |
| Balance Sheet | |
|
Everything a company has that will be turned into cash within a year. This includes things like inventory or money they are owed.
Total Current Assets
|
$1.22b |
|
All the stuff the company needs to pay off within a year. It's basically the opposite of total current assets.
Total Current Liabilities
|
$993.30m |
|
Take everything the company owns and subtract what they owe -- it's what belongs to the shareholders. Think of it as your net worth.
Total Equity
|
$1.62b |
| Cash Flow | |
|
The bottom line -- what they get to keep after paying all of their expenses. It's what's left of your salary after paying for your needs that you can put towards your wants.
Net Income/Starting Line
|
$374.20m |
|
The cash that companies make from their core business of selling products or services. If you sell lemonade, it's the cash you make from selling it.
Cash from Operating
|
$340.00m |
|
This is the cash that companies make from their investments. If you invest in a second lemonade stand, this is where it would go.
Cash from Investing
|
$-537.50m |
|
Changes in debt, loans and dividends. If a neighbor owes you for a glass of lemonade you gave him for free or if you owe someone else, it would show up here.
Cash from Financing
|
$187.80m |
|
Has the amount of cash gone up or down? This number shows how much more (or less) they made over time. Are things getting better or worse?
Net Change in Cash
|
$3.10m |
Events
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June 12012McCormick & Co. Inc. Presents at Sanford C. Bernstein & Co.'s 28th Annual Strategic Decisions Conference, Jun-01-2012 09:00 AM
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June282012McCormick & Co. Inc. expected to report Q2 2012 results on June 28, 2012. This event was calculated by Capital IQ (Created on March 28, 2012).
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January262013McCormick & Co. Inc. expected to report Fiscal Year 2012 results on January 26, 2013. This event was calculated by Capital IQ (Created on January 27, 2012).
Members who own this company also own
Current price per share
Today's gain: $-0.23 (-0.41%)
