Gross Profit for McCormick & Company (MKC)
According to McCormick & Company's latest reported financial statements, the company's current gross profit (TTM) is $2.70B USD. Gross profit equals revenue minus the cost of goods sold (COGS) — what remains from sales after the direct cost of producing the product or service. It does not yet subtract operating expenses, interest, or taxes (see operating income and net income for those steps). Higher gross profit (and gross margin) generally signals pricing power and production efficiency.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Currently viewingGross ProfitSwitch metric
TTM (last 4 quarters)
$2.70B
YoY change
+0.0%
5Y CAGR
+2.4%
Peak year (2025)
$2.59B
Cumulative gross profit
$50.72B
Gross Profit history chart for McCormick & Company (MKC) from 1985 to 2025
Gross Profit history table for McCormick & Company (MKC) from 1985 to 2025
| Fiscal year | Period ended | Reported | Gross Profit | YoY |
|---|---|---|---|---|
| 2025 | $2.59B | +0.0% | ||
| 2024 | $2.59B | +3.5% | ||
| 2023 | $2.50B | +10.0% | ||
| 2022 | $2.27B | -8.8% | ||
| 2021 | $2.49B | +8.4% | ||
| 2020 | $2.30B | +7.2% | ||
| 2019 | $2.15B | +2.5% | ||
| 2018 | $2.09B | +16.7% | ||
| 2017 | $1.79B | -2.1% | ||
| 2016 | $1.83B | +5.4% | ||
| 2015 | $1.74B | +0.4% | ||
| 2014 | $1.73B | +3.9% | ||
| 2013 | $1.67B | +3.0% | ||
| 2012 | $1.62B | +6.3% | ||
| 2011 | $1.52B | +7.4% | ||
| 2010 | $1.42B | +6.8% | ||
| 2009 | $1.33B | +3.0% | ||
| 2008 | $1.29B | +8.1% | ||
| 2007 | $1.19B | +6.9% | ||
| 2006 | $1.11B | +7.5% | ||
| 2005 | $1.04B | +2.8% | ||
| 2004 | $1.01B | +12.2% | ||
| 2003 | $898.60M | +12.4% | ||
| 2002 | $799.50M | +8.4% | ||
| 2001 | $737.50M | +3.7% | ||
| 2000 | $711.50M | -8.1% | ||
| 1999 | $774.60M | +10.1% | ||
| 1998 | $703.70M | +3.8% | ||
| 1997 | $678.00M | +1.5% | ||
| 1996 | $668.30M | -6.0% | ||
| 1995 | $710.90M | +2.9% | ||
| 1994 | $690.70M | +5.7% | ||
| 1993 | $653.70M | +4.1% | ||
| 1992 | $627.80M | +7.9% | ||
| 1991 | $581.90M | +11.6% | ||
| 1990 | $521.40M | +9.8% | ||
| 1989 | $475.00M | +349.0% | ||
| 1988 | $105.80M | -73.6% | ||
| 1987 | $400.90M | +8.2% | ||
| 1986 | $370.40M | +10.0% | ||
| 1985 | $336.70M | — |
Gross Profit values are taken from McCormick & Company's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
McCormick & Company (MKC) most recent annual gross profit stands at $2.59B (2025) – edged up 0.0% year-over-year.
Over 2020–2025 (5 years), McCormick & Company gross profit expanded at a +2.4% compound annual rate, sustaining 3 straight years of year-over-year growth.
Across the available history, gross profit reached its high of $2.59B in 2025 and its low of $105.80M in 1988.
Among 8 Consumer Defensive peers, McCormick & Company (MKC) ranks 9th; the peer median for gross profit is $32.45B.
McCormick & Company Gross Profit by Year
McCormick & Company Gross Profit 2025: $2.59B
McCormick & Company gross profit in 2025 was $2.59B, edged up 0.0% from 2024. This figure represents the highest annual value in the available history.
McCormick & Company Gross Profit 2024: $2.59B
McCormick & Company gross profit in 2024 was $2.59B, edged up 3.5% from 2023.
McCormick & Company Gross Profit 2023: $2.50B
McCormick & Company gross profit in 2023 was $2.50B, grew 10.0% from 2022.
McCormick & Company Gross Profit 2022: $2.27B
McCormick & Company gross profit in 2022 was $2.27B, declined 8.8% below 2021.
McCormick & Company Gross Profit 2021: $2.49B
McCormick & Company gross profit in 2021 was $2.49B.
See more financial history for McCormick & Company (MKC).
Sector peers — Gross Profit
Companies in the same sector as McCormick & Company, ranked by their latest gross profit.
| Company | Gross Profit | Sector |
|---|---|---|
| Walmart Inc. (WMT) | $177.77B | Consumer Defensive |
| PepsiCo, Inc. (PEP) | $50.86B | Consumer Defensive |
| The Procter & Gamble Company (PG) | $43.12B | Consumer Defensive |
| Costco Wholesale Corporation (COST) | $35.35B | Consumer Defensive |
| The Coca-Cola Company (KO) | $29.54B | Consumer Defensive |
| Philip Morris International Inc. (PM) | $27.28B | Consumer Defensive |
| Altria Group, Inc. (MO) | $17.44B | Consumer Defensive |
| Monster Beverage Corporation (MNST) | $4.63B | Consumer Defensive |
Frequently asked questions
What is McCormick & Company's gross profit?
- Latest reported gross profit for McCormick & Company (MKC) is $2.70B (period ending February 28, 2026).
How has McCormick & Company gross profit changed year-over-year?
- McCormick & Company (MKC) gross profit changed +0.0% year-over-year on the latest annual filing.
What is the long-term growth rate of McCormick & Company gross profit?
- McCormick & Company (MKC) gross profit compound annual growth rate is +2.4% over the most recent 5 years available.
When did McCormick & Company gross profit hit its highest annual value?
- McCormick & Company gross profit reached its highest annual value of $2.59B in 2025.
What was McCormick & Company gross profit in 2024?
- McCormick & Company (MKC) gross profit in 2024 was $2.59B.
What was McCormick & Company gross profit in 2025?
- McCormick & Company (MKC) gross profit in 2025 was $2.59B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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MKC Overview
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