McCormick Return On Tangible Equity 2010-2025 | MKC
- McCormick average return on tangible equity for 2024 was -22.47, a 25.6% increase from 2023.
- McCormick average return on tangible equity for 2023 was -17.89, a 7.45% increase from 2022.
- McCormick average return on tangible equity for 2022 was -16.65, a 4.91% increase from 2021.
Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.