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McCormick & Company, Incorporated (MKC) Operating Margin: 15.51%

Is McCormick & Company, Incorporated’s operating margin high or low?

McCormick & Company, Incorporated's operating margin of 15.51% is in line with its 5-year average of 15.62%, around the middle of its 5-year range (13.60%–17.84%).

The operating margin for McCormick & Company, Incorporated (MKC) is 15.51% as of Wednesday, June 10, 2026. It is below its 12-month average by 2.24% (15.87%).

MKC Operating Margin Chart

MKC Operating Margin
15.96%+1.20% 1Y
Zoom

MKC Average Operating Margin Chart

MKC Current vs Average Operating Margin Chart

MKC Operating Margin Metrics

OPERATING MARGIN

15.51%

OPERATING MARGIN AVG TTM

15.87%

OPERATING MARGIN AVG 3Y

14.94%

OPERATING MARGIN AVG 5Y

15.62%

OPERATING MARGIN AVG 10Y

15.50%

OPERATING MARGIN AVG 15Y

15.15%

OPERATING MARGIN AVG 20Y

14.48%

CURRENT VS TTM AVG

-2.24%

CURRENT VS 3Y AVG

+3.78%

CURRENT VS 5Y AVG

-0.67%

CURRENT VS 10Y AVG

+0.08%

CURRENT VS 15Y AVG

+2.40%

CURRENT VS 20Y AVG

+7.09%

MKC Competitors' Operating Margin

NAMEMARKET CAPOPERATING MARGINTTM3Y5Y
McCormick & Company, Incorporated (MKC)15.51%15.87%14.94%15.62%
Hormel Foods Corporation (HRL)$13.38B5.75%7.45%8.57%9.27%
The J. M. Smucker Company (SJM)$12.45B3.98%-1.87%3.52%7.37%
The Clorox Company (CLX)$12.08B15.68%13.38%12.00%13.91%
General Mills, Inc. (GIS)$18.02B19.07%17.12%17.41%17.29%
Celsius Holdings, Inc. (CELH)$7.43B10.40%15.06%6.55%5.16%
Conagra Brands, Inc. (CAG)$6.37B12.28%9.41%9.81%11.37%
Dollar Tree, Inc. (DLTR)$21.29B8.54%8.28%9.04%9.52%
Church & Dwight Co., Inc. (CHD)$23.34B17.30%15.30%14.93%16.93%
Dollar General Corporation (DG)$24.02B5.26%4.69%6.12%6.78%

Operating Efficiency

Gross Margin

37.9%

Operating Margin

15.5%

McCormick & Company, Incorporated Operating Margin Formula & Definition

Operating Margin = Operating Income / Revenue

Operating margin is the percentage of revenue remaining after operating expenses, reflecting operating efficiency.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

McCormick & Company, Incorporated Operating Margin FAQ

What is the operating margin for McCormick & Company, Incorporated (MKC)?
The operating margin for MKC stock is 15.51%.
Is McCormick & Company, Incorporated's operating margin high or low?
McCormick & Company, Incorporated's operating margin of 15.51% is in line with its 5-year average of 15.62%, around the middle of its 5-year range (13.60%–17.84%).
What is the TTM average operating margin for McCormick & Company, Incorporated (MKC)?
The TTM average operating margin for MKC stock is 15.87%.
What is the 3Y average operating margin for McCormick & Company, Incorporated (MKC)?
The 3Y average operating margin for MKC stock is 14.94%.
What is the 5Y average operating margin for McCormick & Company, Incorporated (MKC)?
The 5Y average operating margin for MKC stock is 15.62%.
What is the 10Y average operating margin for McCormick & Company, Incorporated (MKC)?
The 10Y average operating margin for MKC stock is 15.50%.
What is the 15Y average operating margin for McCormick & Company, Incorporated (MKC)?
The 15Y average operating margin for MKC stock is 15.15%.
What is the 20Y average operating margin for McCormick & Company, Incorporated (MKC)?
The 20Y average operating margin for MKC stock is 14.48%.

McCormick & Company, Incorporated Operating Margin History

DATEOPERATING MARGIN
2025-11-3015.96%
2024-11-3015.77%
2023-11-3014.45%
2022-11-3013.60%
2021-11-3016.07%
2020-11-3017.84%
2019-11-3017.91%
2018-11-3016.80%
2017-11-3014.79%
2016-11-3014.53%
2015-11-3012.76%
2014-11-3014.21%
2013-11-3013.35%
2012-11-3014.41%
2011-11-3014.61%
2010-11-3015.28%
2009-11-3014.63%
2008-11-3011.85%
2007-11-3012.15%
2006-11-309.92%
2005-11-3013.25%
2004-11-3013.17%
2003-11-3013.02%
2002-11-3012.83%
2001-11-3011.32%
2000-11-3011.02%
1999-11-309.71%
1998-11-309.84%
1997-11-309.31%
1996-11-308.74%

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.

Hunt Valley, MD
14,100 employees
Consumer Defensive / Packaged Foods
Sector
Consumer Defensive
Industry
Packaged Foods
CEO
Brendan Foley