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Benzinga
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Benzinga Insights

McCormick & Co Earnings Perspective: Return On Capital Employed

McCormick & Co NYSE

According to Benzinga Pro data McCormick & Co (NYSE:MKC) posted a 23.5% decrease in earnings from Q1. Sales, however, increased by 0.97% over the previous quarter to $1.54 billion. Despite the increase in sales this quarter, the decrease in earnings may suggest McCormick & Co is not utilizing their capital as effectively as possible. McCormick & Co reached earnings of $154.90 million and sales of $1.52 billion in Q1.

What Is ROCE?

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