TTM
37.9%
YoY change
−0.64pp
Trough year (1988)
8.9%
Peak year (1992)
42.7%
Latest annual
37.9%
Gross Margin history chart for McCormick & Company (MKC) from 1985 to 2025
Latest: 37.9%
Gross Margin change chart for McCormick & Company (MKC) from 1985 to 2025
Latest: −0.64pp
Gross Margin history table for McCormick & Company (MKC) from 1985 to 2025
| 2025 | 37.9% | -0.64pp | ||
| 2024 | 38.5% | +0.97pp | ||
| 2023 | 37.6% | +1.75pp | ||
| 2022 | 35.8% | -3.67pp | ||
| 2021 | 39.5% | -1.58pp | ||
| 2020 | 41.1% | +0.95pp | ||
| 2019 | 40.1% | +0.64pp | ||
| 2018 | 39.5% | +1.55pp | ||
| 2017 | 37.9% | -3.60pp | ||
| 2016 | 41.5% | +1.08pp | ||
| 2015 | 40.4% | -0.34pp | ||
| 2014 | 40.8% | +0.38pp | ||
| 2013 | 40.4% | +0.10pp | ||
| 2012 | 40.3% | -0.87pp | ||
| 2011 | 41.2% | -1.31pp | ||
| 2010 | 42.5% | +0.91pp | ||
| 2009 | 41.6% | +1.02pp | ||
| 2008 | 40.6% | -0.32pp | ||
| 2007 | 40.9% | -0.16pp | ||
| 2006 | 41.0% | +1.04pp | ||
| 2005 | 40.0% | +0.09pp | ||
| 2004 | 39.9% | +0.30pp | ||
| 2003 | 39.6% | +0.50pp | ||
| 2002 | 39.1% | +1.06pp | ||
| 2001 | 38.0% | +3.19pp | ||
| 2000 | 34.8% | -3.75pp | ||
| 1999 | 38.6% | +1.19pp | ||
| 1998 | 37.4% | -0.24pp | ||
| 1997 | 37.6% | -0.93pp | ||
| 1996 | 38.6% | +0.33pp | ||
| 1995 | 38.2% | -2.51pp | ||
| 1994 | 40.8% | -1.24pp | ||
| 1993 | 42.0% | -0.67pp | ||
| 1992 | 42.7% | +1.91pp | ||
| 1991 | 40.8% | +1.34pp | ||
| 1990 | 39.4% | +1.29pp | ||
| 1989 | 38.1% | +29.18pp | ||
| 1988 | 8.9% | -28.24pp | ||
| 1987 | 37.2% | -0.79pp | ||
| 1986 | 38.0% | -0.61pp | ||
| 1985 | 38.6% | — |
- 202537.9%-0.64pp
- 202438.5%+0.97pp
- 202337.6%+1.75pp
- 202235.8%-3.67pp
- 202139.5%-1.58pp
- 202041.1%+0.95pp
- 201940.1%+0.64pp
- 201839.5%+1.55pp
- 201737.9%-3.60pp
- 201641.5%+1.08pp
- 201540.4%-0.34pp
- 201440.8%+0.38pp
- 201340.4%+0.10pp
- 201240.3%-0.87pp
- 201141.2%-1.31pp
- 201042.5%+0.91pp
- 200941.6%+1.02pp
- 200840.6%-0.32pp
- 200740.9%-0.16pp
- 200641.0%+1.04pp
- 200540.0%+0.09pp
- 200439.9%+0.30pp
- 200339.6%+0.50pp
- 200239.1%+1.06pp
- 200138.0%+3.19pp
- 200034.8%-3.75pp
- 199938.6%+1.19pp
- 199837.4%-0.24pp
- 199737.6%-0.93pp
- 199638.6%+0.33pp
- 199538.2%-2.51pp
- 199440.8%-1.24pp
- 199342.0%-0.67pp
- 199242.7%+1.91pp
- 199140.8%+1.34pp
- 199039.4%+1.29pp
- 198938.1%+29.18pp
- 19888.9%-28.24pp
- 198737.2%-0.79pp
- 198638.0%-0.61pp
- 198538.6%—
Gross Margin values are taken from McCormick & Company's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Gross Margin at McCormick & Company (MKC)
According to McCormick & Company's latest reported financial statements, the company's latest reported gross margin is 37.9%. Gross margin is gross profit divided by revenue, expressed as a percentage. It shows how much of each sales dollar survives the direct cost of goods sold — before operating expenses, interest, and taxes. A higher gross margin generally signals pricing power and production efficiency. Margins are most meaningful compared against sector peers and a company's own history.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
In 2025, McCormick & Company (MKC) gross margin totalled 37.90% – contracted 0.6 percentage points year-over-year.
42.67% stands as the all-time-high annual gross margin, posted in 1992, against a low of 8.94% during 1988.
McCormick & Company Gross Margin by Year
McCormick & Company Gross Margin 2025: 37.9%
2025's gross margin for McCormick & Company came in at 37.90%, contracted 0.6 percentage points from 2024.
McCormick & Company Gross Margin 2024: 38.5%
McCormick & Company posted gross margin of 38.54% in 2024, expanded 1.0 percentage points from 2023.
McCormick & Company Gross Margin 2023: 37.6%
In 2023, McCormick & Company reported gross margin of 37.56%, expanded 1.7 percentage points from 2022.
McCormick & Company Gross Margin 2022: 35.8%
McCormick & Company gross margin in 2022 was 35.82%, contracted 3.7 percentage points from 2021.
McCormick & Company Gross Margin 2021: 39.5%
McCormick & Company gross margin in 2021 was 39.48%.
See more financial history for McCormick & Company (MKC).
Sector peers by Gross Margin
Consumer Defensive peers of McCormick & Company (MKC), ranked by their latest gross margin
| 67.8% | |
| 67.3% | |
| 61.7% | |
| 55.5% | |
| 54.1% | |
| 50.3% | |
| 25.0% | |
| 12.9% |
- 67.8%
- 61.7%
- 54.1%
- 25.0%
- 12.9%
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