Operating Income for McCormick & Company (MKC)
According to McCormick & Company's latest reported financial statements, the company's current operating income (TTM) is $1.10B USD. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Currently viewingOperating IncomeSwitch metric
TTM (last 4 quarters)
$1.10B
YoY change
+3.0%
5Y CAGR
+1.8%
Peak year (2025)
$1.09B
Cumulative operating income
$17.75B
Operating Income history chart for McCormick & Company (MKC) from 1985 to 2025
Operating Income history table for McCormick & Company (MKC) from 1985 to 2025
| Fiscal year | Period ended | Reported | Operating Income | YoY |
|---|---|---|---|---|
| 2025 | $1.09B | +3.0% | ||
| 2024 | $1.06B | +10.1% | ||
| 2023 | $963.00M | +11.5% | ||
| 2022 | $863.60M | -14.9% | ||
| 2021 | $1.02B | +1.6% | ||
| 2020 | $999.50M | +4.4% | ||
| 2019 | $957.70M | +7.5% | ||
| 2018 | $891.10M | +27.3% | ||
| 2017 | $699.80M | +9.2% | ||
| 2016 | $641.00M | +16.9% | ||
| 2015 | $548.40M | -9.1% | ||
| 2014 | $603.00M | +9.5% | ||
| 2013 | $550.50M | -4.8% | ||
| 2012 | $578.30M | +7.0% | ||
| 2011 | $540.30M | +6.0% | ||
| 2010 | $509.80M | +9.2% | ||
| 2009 | $466.90M | +24.0% | ||
| 2008 | $376.50M | +6.3% | ||
| 2007 | $354.20M | +31.4% | ||
| 2006 | $269.60M | -21.5% | ||
| 2005 | $343.50M | +3.2% | ||
| 2004 | $332.70M | +12.6% | ||
| 2003 | $295.50M | +12.6% | ||
| 2002 | $262.40M | +19.5% | ||
| 2001 | $219.60M | -2.4% | ||
| 2000 | $225.00M | +15.4% | ||
| 1999 | $194.90M | +5.3% | ||
| 1998 | $185.10M | +10.4% | ||
| 1997 | $167.70M | +10.8% | ||
| 1996 | $151.40M | -24.7% | ||
| 1995 | $201.10M | +1.2% | ||
| 1994 | $198.70M | +10.1% | ||
| 1993 | $180.50M | +8.0% | ||
| 1992 | $167.20M | +14.8% | ||
| 1991 | $145.60M | +14.6% | ||
| 1990 | $127.10M | +24.6% | ||
| 1989 | $102.00M | +30.3% | ||
| 1988 | $78.30M | +24.1% | ||
| 1987 | $63.10M | -5.7% | ||
| 1986 | $66.90M | +10.4% | ||
| 1985 | $60.60M | — |
Operating Income 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
2025's annual operating income for McCormick & Company (MKC) came in at $1.09B – edged up 3.0% year-over-year.
Through 2020–2025 (5 years), McCormick & Company operating income delivered a +1.8% annualised rate; sustaining 3 straight years of year-over-year growth.
The highest annual operating income of $1.09B was reported in 2025. The lowest in the available history was $60.60M in 1985.
McCormick & Company (MKC) sits 9th of 8 Consumer Defensive peers we track on this metric, against a peer median of $14.35B.
McCormick & Company Operating Income by Year
McCormick & Company Operating Income 2025: $1.09B
McCormick & Company operating income in 2025 was $1.09B, edged up 3.0% from 2024. This figure represents the highest annual value in the available history.
McCormick & Company Operating Income 2024: $1.06B
McCormick & Company operating income in 2024 was $1.06B, grew 10.1% from 2023.
McCormick & Company Operating Income 2023: $963.00M
McCormick & Company operating income in 2023 was $963.00M, grew 11.5% from 2022.
McCormick & Company Operating Income 2022: $863.60M
McCormick & Company operating income in 2022 was $863.60M, declined 14.9% below 2021.
McCormick & Company Operating Income 2021: $1.02B
McCormick & Company operating income in 2021 was $1.02B.
See more financial history for McCormick & Company (MKC).
Sector peers — Operating Income
Companies in the same sector as McCormick & Company, ranked by their latest operating income.
| Company | Operating Income | Sector |
|---|---|---|
| Walmart Inc. (WMT) | $29.82B | Consumer Defensive |
| The Procter & Gamble Company (PG) | $20.45B | Consumer Defensive |
| Altria Group, Inc. (MO) | $15.06B | Consumer Defensive |
| Philip Morris International Inc. (PM) | $14.93B | Consumer Defensive |
| The Coca-Cola Company (KO) | $13.76B | Consumer Defensive |
| PepsiCo, Inc. (PEP) | $13.49B | Consumer Defensive |
| Costco Wholesale Corporation (COST) | $10.38B | Consumer Defensive |
| Monster Beverage Corporation (MNST) | $2.42B | Consumer Defensive |
Frequently asked questions
What is McCormick & Company's operating income?
- Latest reported operating income for McCormick & Company (MKC) is $1.10B (period ending February 28, 2026).
How has McCormick & Company operating income changed year-over-year?
- McCormick & Company (MKC) operating income changed +3.0% year-over-year on the latest annual filing.
What is the long-term growth rate of McCormick & Company operating income?
- McCormick & Company (MKC) operating income compound annual growth rate is +1.8% over the most recent 5 years available.
When did McCormick & Company operating income hit its highest annual value?
- McCormick & Company operating income reached its highest annual value of $1.09B in 2025.
What was McCormick & Company operating income in 2024?
- McCormick & Company (MKC) operating income in 2024 was $1.06B.
What was McCormick & Company operating income in 2025?
- McCormick & Company (MKC) operating income in 2025 was $1.09B.
Metrics overview
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