Mccormick profit margin MKC
Gross, operating and net profit as a share of revenue over the last twelve months, from 2010.
- Net margin, 12 months
- 19.4%
- Operating margin, 12 months
- 13.4%
- Net margin on a year earlier
- +7.9 pts
- Peer median
- 4.0%
Over the twelve months to Aug 31, 2026, Mccormick kept 19.4% of its revenue as net profit, with an operating margin of 13.4% and a gross margin of 39.1%.
Five years earlier its net margin was 12.3%.
The median for 10 packaged Foods stocks of a similar size is 4.0%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 11.5% | 15.7% | 37.9% |
| FY2024 | 11.7% | 15.8% | 38.5% |
| FY2023 | 10.2% | 14.5% | 37.6% |
| FY2022 | 10.7% | 13.6% | 35.8% |
| FY2021 | 12.0% | 16.1% | 39.5% |
| FY2020 | 13.3% | 17.8% | 41.1% |
| FY2019 | 13.1% | 17.9% | 40.1% |
| FY2018 | 17.6% | 16.8% | 39.5% |
| FY2017 | 9.9% | 14.5% | 41.6% |
| FY2016 | 10.7% | 14.5% | 41.5% |
| FY2015 | 9.3% | 12.8% | 40.4% |
| FY2014 | 10.3% | 14.2% | 40.8% |
| FY2013 | 9.4% | 13.4% | 40.4% |
| FY2012 | 10.2% | 14.4% | 40.3% |
| FY2011 | 10.1% | 14.6% | 41.2% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q3 FY26 | 19.4% | +7.9 pts | 13.4% | |
| Q2 FY26 | 21.9% | +10.4 pts | 14.9% | |
| Q1 FY26 | 23.1% | +11.4 pts | 15.1% | |
| Q4 FY25 | 11.5% | −0.2 pts | 15.7% | |
| Q3 FY25 | 11.5% | −0.4 pts | 15.7% | |
| Q2 FY25 | 11.5% | +0.4 pts | 15.8% | |
| Q1 FY25 | 11.7% | +1.1 pts | 15.6% | |
| Q4 FY24 | 11.7% | +1.5 pts | 15.8% | |
| Q3 FY24 | 11.9% | +2.1 pts | 15.7% | |
| Q2 FY24 | 11.1% | +0.3 pts | 15.1% | |
| Q1 FY24 | 10.6% | +0.1 pts | 14.9% | |
| Q4 FY23 | 10.2% | −0.5 pts | 14.5% |
Against its peers
Companies in Packaged Foods nearest Mccormick's size, closest first, today.
| Company | Profit margin |
|---|---|
| MKCMccormick | 19.4% |
| SJMJ M SMUCKER | 2.5% |
| HRLHormel Foods | 2.8% |
| LWLamb Weston | 3.8% |
| SFDSmithfield Foods | 6.8% |
| CPBCAMPBELL'S | 4.1% |
| INGRIngredion | 8.2% |
| KHCKraft Heinz | −13.6% |
| POSTPost | 3.5% |
| FRPTFreshpet | 17.3% |
| MZTIMarzetti | 9.9% |
| Peer median | 4.0% |
Where Mccormick ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Mccormick
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.