McCormick & Company, Incorporated (MKC) Gross Margin: 37.94%
Is McCormick & Company, Incorporated’s gross margin high or low?
McCormick & Company, Incorporated's gross margin of 37.94% is in line with its 5-year average of 38.40%, around the middle of its 5-year range (35.82%–41.07%).
The gross margin for McCormick & Company, Incorporated (MKC) is 37.94% as of Wednesday, June 10, 2026. It is below its 12-month average by 0.73% (38.22%).
MKC Gross Margin Chart
MKC Average Gross Margin Chart
MKC Current vs Average Gross Margin Chart
MKC Gross Margin Metrics
GROSS MARGIN
37.94%
GROSS MARGIN AVG TTM
38.22%
GROSS MARGIN AVG 3Y
37.45%
GROSS MARGIN AVG 5Y
38.40%
GROSS MARGIN AVG 10Y
39.08%
GROSS MARGIN AVG 15Y
39.69%
GROSS MARGIN AVG 20Y
39.95%
CURRENT VS TTM AVG
-0.73%
CURRENT VS 3Y AVG
+1.29%
CURRENT VS 5Y AVG
-1.19%
CURRENT VS 10Y AVG
-2.91%
CURRENT VS 15Y AVG
-4.40%
CURRENT VS 20Y AVG
-5.04%
MKC Competitors' Gross Margin
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| McCormick & Company, Incorporated (MKC) | — | 37.94% | 38.22% | 37.45% | 38.40% |
| Hormel Foods Corporation (HRL) | $13.38B | 15.72% | 16.30% | 16.62% | 17.07% |
| The J. M. Smucker Company (SJM) | $12.45B | 33.53% | 36.16% | 35.81% | 36.04% |
| The Clorox Company (CLX) | $12.08B | 43.85% | 44.10% | 40.84% | 42.09% |
| General Mills, Inc. (GIS) | $18.02B | 32.97% | 34.73% | 33.94% | 34.35% |
| Celsius Holdings, Inc. (CELH) | $7.43B | 49.62% | 50.28% | 47.51% | 46.25% |
| Conagra Brands, Inc. (CAG) | $6.37B | 24.18% | 26.76% | 26.18% | 26.82% |
| Dollar Tree, Inc. (DLTR) | $21.29B | 36.71% | 36.11% | 36.03% | 35.00% |
| Church & Dwight Co., Inc. (CHD) | $23.34B | 45.07% | 45.21% | 44.10% | 44.21% |
| Dollar General Corporation (DG) | $24.02B | 30.83% | 30.13% | 30.44% | 30.67% |
Gross Margin Analysis
Gross Margin
37.9%
(Revenue - COGS) / Revenue
McCormick & Company, Incorporated Gross Margin Formula & Definition
Gross Margin = Gross Profit / Revenue
Gross margin is the percentage of revenue remaining after the cost of goods sold, reflecting core product profitability.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
McCormick & Company, Incorporated Gross Margin FAQ
- What is the gross margin for McCormick & Company, Incorporated (MKC)?
- The gross margin for MKC stock is 37.94%.
- Is McCormick & Company, Incorporated's gross margin high or low?
- McCormick & Company, Incorporated's gross margin of 37.94% is in line with its 5-year average of 38.40%, around the middle of its 5-year range (35.82%–41.07%).
- What is the TTM average gross margin for McCormick & Company, Incorporated (MKC)?
- The TTM average gross margin for MKC stock is 38.22%.
- What is the 3Y average gross margin for McCormick & Company, Incorporated (MKC)?
- The 3Y average gross margin for MKC stock is 37.45%.
- What is the 5Y average gross margin for McCormick & Company, Incorporated (MKC)?
- The 5Y average gross margin for MKC stock is 38.40%.
- What is the 10Y average gross margin for McCormick & Company, Incorporated (MKC)?
- The 10Y average gross margin for MKC stock is 39.08%.
- What is the 15Y average gross margin for McCormick & Company, Incorporated (MKC)?
- The 15Y average gross margin for MKC stock is 39.69%.
- What is the 20Y average gross margin for McCormick & Company, Incorporated (MKC)?
- The 20Y average gross margin for MKC stock is 39.95%.
McCormick & Company, Incorporated Gross Margin History
| DATE | GROSS MARGIN |
|---|---|
| 2025-11-30 | 37.90% |
| 2024-11-30 | 38.54% |
| 2023-11-30 | 37.56% |
| 2022-11-30 | 35.82% |
| 2021-11-30 | 39.48% |
| 2020-11-30 | 41.07% |
| 2019-11-30 | 40.12% |
| 2018-11-30 | 39.48% |
| 2017-11-30 | 37.93% |
| 2016-11-30 | 41.52% |
| 2015-11-30 | 40.44% |
| 2014-11-30 | 40.78% |
| 2013-11-30 | 40.40% |
| 2012-11-30 | 40.30% |
| 2011-11-30 | 41.18% |
| 2010-11-30 | 42.49% |
| 2009-11-30 | 41.58% |
| 2008-11-30 | 40.55% |
| 2007-11-30 | 40.87% |
| 2006-11-30 | 41.03% |
| 2005-11-30 | 39.99% |
| 2004-11-30 | 39.90% |
| 2003-11-30 | 39.59% |
| 2002-11-30 | 39.10% |
| 2001-11-30 | 38.03% |
| 2000-11-30 | 34.84% |
| 1999-11-30 | 38.60% |
| 1998-11-30 | 37.41% |
| 1997-11-30 | 37.65% |
| 1996-11-30 | 38.57% |
Related Metrics
About McCormick & Company, Incorporated
McCormick & Company, Incorporated is a global leader in the manufacture, marketing, and distribution of a wide array of flavorful products, including spices, seasoning mixes, and condiments, to the food industry. Its operations are divided into two primary segments: Consumer and Flavor Solutions. The Consumer segment provides an extensive range of items such as spices, herbs, seasonings, sauces, and desserts. These are sold under numerous prominent brands across various regions: McCormick, French's, Frank's RedHot, Lawry's Cholula Hot Sauce, Gourmet Garden, Club House, and OLD BAY in the Americas; Ducros, Schwartz, Kamis, Drogheria & Alimentari, and Vahiné throughout Europe, the Middle East, and Africa (EMEA); McCormick and DaQiao in China; and McCormick, Aeroplane, and Gourmet Garden in Australia. In addition, it offers specialized regional and ethnic brands like Zatarain's, Stubb's, Thai Kitchen, and Simply Asia, and also produces goods for private labels. Its customer base encompasses a broad spectrum of retailers, including grocery stores, mass merchandisers, warehouse clubs, discount and drug stores, and e-commerce platforms. Distribution to these outlets occurs both directly and indirectly via distributors and wholesale foodservice providers. The Flavor Solutions segment caters to large-scale food manufacturers and the wider foodservice industry. It supplies essential ingredients such as seasoning blends, spices, herbs, condiments, coating systems, and complex flavor formulations. These products are delivered directly to clients or through a network of distributors. Founded in 1889, the company maintains its headquarters in Hunt Valley, Maryland.
- Sector
- Consumer Defensive
- Industry
- Packaged Foods
- CEO
- Brendan Foley