TTM
23.1%
YoY change
−0.19pp
Trough year (1996)
2.4%
Peak year (2018)
17.6%
Latest annual
11.5%
Net Profit Margin history chart for McCormick & Company (MKC) from 1985 to 2025
Latest: 11.5%
Net Profit Margin change chart for McCormick & Company (MKC) from 1985 to 2025
Latest: −0.19pp
Net Profit Margin history table for McCormick & Company (MKC) from 1985 to 2025
| 2025 | 11.5% | -0.19pp | ||
| 2024 | 11.7% | +1.51pp | ||
| 2023 | 10.2% | -0.52pp | ||
| 2022 | 10.7% | -1.22pp | ||
| 2021 | 12.0% | -1.39pp | ||
| 2020 | 13.3% | +0.20pp | ||
| 2019 | 13.1% | -4.46pp | ||
| 2018 | 17.6% | +7.51pp | ||
| 2017 | 10.1% | -0.61pp | ||
| 2016 | 10.7% | +1.36pp | ||
| 2015 | 9.3% | -0.97pp | ||
| 2014 | 10.3% | +0.89pp | ||
| 2013 | 9.4% | -0.72pp | ||
| 2012 | 10.2% | +0.04pp | ||
| 2011 | 10.1% | -0.97pp | ||
| 2010 | 11.1% | +1.70pp | ||
| 2009 | 9.4% | +1.34pp | ||
| 2008 | 8.1% | +0.16pp | ||
| 2007 | 7.9% | +0.45pp | ||
| 2006 | 7.4% | -0.85pp | ||
| 2005 | 8.3% | -0.20pp | ||
| 2004 | 8.5% | -0.80pp | ||
| 2003 | 9.3% | +0.50pp | ||
| 2002 | 8.8% | +1.23pp | ||
| 2001 | 7.6% | +0.83pp | ||
| 2000 | 6.7% | +1.59pp | ||
| 1999 | 5.1% | -0.37pp | ||
| 1998 | 5.5% | +0.05pp | ||
| 1997 | 5.5% | +3.05pp | ||
| 1996 | 2.4% | -2.83pp | ||
| 1995 | 5.3% | +1.65pp | ||
| 1994 | 3.6% | -1.09pp | ||
| 1993 | 4.7% | -1.77pp | ||
| 1992 | 6.5% | +0.80pp | ||
| 1991 | 5.7% | +0.42pp | ||
| 1990 | 5.2% | +1.03pp | ||
| 1989 | 4.2% | +1.15pp | ||
| 1988 | 3.1% | +0.23pp | ||
| 1987 | 2.8% | -0.21pp | ||
| 1986 | 3.0% | -0.14pp | ||
| 1985 | 3.2% | — |
- 202511.5%-0.19pp
- 202411.7%+1.51pp
- 202310.2%-0.52pp
- 202210.7%-1.22pp
- 202112.0%-1.39pp
- 202013.3%+0.20pp
- 201913.1%-4.46pp
- 201817.6%+7.51pp
- 201710.1%-0.61pp
- 201610.7%+1.36pp
- 20159.3%-0.97pp
- 201410.3%+0.89pp
- 20139.4%-0.72pp
- 201210.2%+0.04pp
- 201110.1%-0.97pp
- 201011.1%+1.70pp
- 20099.4%+1.34pp
- 20088.1%+0.16pp
- 20077.9%+0.45pp
- 20067.4%-0.85pp
- 20058.3%-0.20pp
- 20048.5%-0.80pp
- 20039.3%+0.50pp
- 20028.8%+1.23pp
- 20017.6%+0.83pp
- 20006.7%+1.59pp
- 19995.1%-0.37pp
- 19985.5%+0.05pp
- 19975.5%+3.05pp
- 19962.4%-2.83pp
- 19955.3%+1.65pp
- 19943.6%-1.09pp
- 19934.7%-1.77pp
- 19926.5%+0.80pp
- 19915.7%+0.42pp
- 19905.2%+1.03pp
- 19894.2%+1.15pp
- 19883.1%+0.23pp
- 19872.8%-0.21pp
- 19863.0%-0.14pp
- 19853.2%—
Net Profit 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 Net Profit Margin at McCormick & Company (MKC)
According to McCormick & Company's latest reported financial statements, the company's latest reported net margin is 23.1%. Net profit margin is net income divided by revenue — the bottom-line share of each sales dollar that remains after all costs, including operating expenses, interest, and taxes. It is the most comprehensive profitability ratio, though it can swing on one-off items, so read it alongside the multi-year trend below.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
2025's annual net margin for McCormick & Company (MKC) came in at 11.54% – contracted 0.2 percentage points year-over-year.
Across the available history, net margin reached its high of 17.60% in 2018 and its low of 2.42% in 1996.
McCormick & Company Net Profit Margin by Year
McCormick & Company Net Profit Margin 2025: 11.5%
McCormick & Company posted net margin of 11.54% in 2025, contracted 0.2 percentage points from 2024.
McCormick & Company Net Profit Margin 2024: 11.7%
In 2024, McCormick & Company reported net margin of 11.73%, expanded 1.5 percentage points from 2023.
McCormick & Company Net Profit Margin 2023: 10.2%
McCormick & Company net margin in 2023 was 10.22%, contracted 0.5 percentage points from 2022.
McCormick & Company Net Profit Margin 2022: 10.7%
2022's net margin for McCormick & Company came in at 10.74%, contracted 1.2 percentage points from 2021.
McCormick & Company Net Profit Margin 2021: 12.0%
McCormick & Company net margin in 2021 was 11.95%.
See more financial history for McCormick & Company (MKC).
Sector peers by Net Profit Margin
Consumer Defensive peers of McCormick & Company (MKC), ranked by their latest net margin
| 36.9% | |
| 27.8% | |
| 26.7% | |
| 23.1% | |
| 19.2% | |
| 9.2% | |
| 3.2% | |
| 3.0% |
- 36.9%
- 27.8%
- 9.2%
- 3.2%
- 3.0%
Frequently asked questions
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