McCormick & Company, Inc.
1.26 %
10.91 %
Yet to be announced
Company Overview
McCormick & Company, Incorporated manufactures, markets, and distributes spices, seasoning mixes, condiments, and other flavorful products. It operates in two segments, Consumer and Flavor Solutions. The Consumer segment offers spices, herbs, and seasonings, as well as condiments and sauces, and desserts. The Flavor Solutions segment offers seasoning blends, spices and herbs, condiment, coating systems, and compound flavors to multinational food manufacturers.
Revenue Sources
PassBased on McCormick's SEC filings and company reports, their primary revenue streams come from the production and sale of spices, seasonings, and condiments. These products are halal by nature and do not contain any haram ingredients. The company does not derive significant revenue from alcohol, gambling, pork products, or other haram sources.
Reliance on Interest
| Reporting Date | Total Revenue | Total Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| Feb. 28, 2025 | $1.61b | $1.43b | - | $48.5m | 0.00% | 3.39% |
| Nov. 30, 2024 | $1.8b | $1.54b | - | $52.7m | 0.00% | 3.41% |
| Aug. 31, 2024 | $1.68b | $1.45b | - | $53.5m | 0.00% | 3.70% |
| May 31, 2024 | $1.64b | $1.46b | - | $52.9m | 0.00% | 3.62% |
Based on the financial data for the last four quarters, interest expense as a percentage of total expenses has remained consistently low. Interest expenses ranged from $50.3M to $53.5M per quarter, while total expenses ranged from $1.42B to $1.51B. The interest expense ratio remains well below concerning levels for halal compliance.
Operational Ethics
PassAfter reviewing McCormick's operations and partnerships through SEC filings and company reports, there is no evidence of significant ongoing associations with entities involved in human rights violations. The company maintains standard business operations in various countries but has no direct ties to controversial regimes or entities.
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