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Operating Margin for McCormick & Company (MKC)

As of · Reported

Metric

TTM

15.5%

YoY change

+0.19pp

Trough year (1987)

5.9%

Peak year (2019)

17.9%

Operating Margin history chart for McCormick & Company (MKC) from 1985 to 2025

Latest: 16.0%

Operating Margin change chart for McCormick & Company (MKC) from 1985 to 2025

Latest: +0.19pp

Operating Margin history table for McCormick & Company (MKC) from 1985 to 2025

  • 202516.0%+0.19pp
  • 202415.8%+1.31pp
  • 202314.5%+0.86pp
  • 202213.6%-2.47pp
  • 202116.1%-1.78pp
  • 202017.8%-0.07pp
  • 201917.9%+1.11pp
  • 201816.8%+2.01pp
  • 201714.8%+0.26pp
  • 201614.5%+1.77pp
  • 201512.8%-1.45pp
  • 201414.2%+0.86pp
  • 201313.4%-1.06pp
  • 201214.4%-0.21pp
  • 201114.6%-0.67pp
  • 201015.3%+0.65pp
  • 200914.6%+2.77pp
  • 200811.9%-0.29pp
  • 200712.1%+2.22pp
  • 20069.9%-3.33pp
  • 200513.3%+0.08pp
  • 200413.2%+0.15pp
  • 200313.0%+0.19pp
  • 200212.8%+1.51pp
  • 200111.3%+0.31pp
  • 200011.0%+1.31pp
  • 19999.7%-0.13pp
  • 19989.8%+0.53pp
  • 19979.3%+0.57pp
  • 19968.7%-2.08pp
  • 199510.8%-0.90pp
  • 199411.7%+0.13pp
  • 199311.6%+0.23pp
  • 199211.4%+1.17pp
  • 199110.2%+0.59pp
  • 19909.6%+1.42pp
  • 19898.2%+1.57pp
  • 19886.6%+0.76pp
  • 19875.9%-1.01pp
  • 19866.9%-0.08pp
  • 19856.9%—

Operating 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 Operating Margin at McCormick & Company (MKC)

According to McCormick & Company's latest reported financial statements, the company's latest reported operating margin is 15.5%. Operating margin is operating income divided by revenue — the share of each sales dollar left after cost of goods sold and operating expenses (SG&A, R&D), but before interest and taxes. It isolates how profitable the core business is before financing and tax decisions, so it is comparable across companies with different capital structures.

Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

2025's annual operating margin for McCormick & Company (MKC) came in at 15.96% – expanded 0.2 percentage points year-over-year.

Across the available history, operating margin reached its high of 17.91% in 2019 and its low of 5.85% in 1987.

McCormick & Company Operating Margin by Year

McCormick & Company Operating Margin 2025: 16.0%

McCormick & Company posted operating margin of 15.96% in 2025, expanded 0.2 percentage points from 2024.

McCormick & Company Operating Margin 2024: 15.8%

In 2024, McCormick & Company reported operating margin of 15.77%, expanded 1.3 percentage points from 2023.

McCormick & Company Operating Margin 2023: 14.5%

McCormick & Company operating margin in 2023 was 14.45%, expanded 0.9 percentage points from 2022.

McCormick & Company Operating Margin 2022: 13.6%

2022's operating margin for McCormick & Company came in at 13.60%, contracted 2.5 percentage points from 2021.

McCormick & Company Operating Margin 2021: 16.1%

McCormick & Company operating margin in 2021 was 16.07%.

See more financial history for McCormick & Company (MKC).

Sector peers by Operating Margin

Consumer Defensive peers of McCormick & Company (MKC), ranked by their latest operating margin

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