McCormick & Company, Incorporated company logo
McCormick & Company, Incorporated logo

MKC Gross Margin

Annual Gross Margin

38.51%0.95%+2.53%

Summary

Current Value
As of today, MKC annual gross margin is 38.51%, up +2.53% on
Historical Performance
MKC annual gross margin is down -2.92% over the past 3 years, and down -3.94% over the past 5 years
All-Time High Comparison
MKC annual gross margin is currently -9.37% below its historical high of 42.49% set on
3-Year Low Comparison
MKC annual gross margin is +7.60% above its 3-year low of 35.79% reached on an earlier date
Sector Comparison
MKC annual gross margin is higher than 58.66% of companies in Consumer Defensive sector

Gross Margin Chart

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Series
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Performance

MKC Performance
MetricDateValue1Y3Y5Y15Y
Annual Gross Margin38.51%+2.5%-2.9%-3.9%-7.2%
Quarterly Gross Margin37.44%-3.2%+5.5%-9.1%-11.2%
Price$67.72-9.1%-20.0%-28.9%+199.7%
PE Ratio23.43-8.1%-30.1%-31.7%+42.6%
Annual Revenue$6.72B+0.9%+6.4%+25.7%+110.6%
Annual Gross Profit$2.59B+3.5%+3.3%+20.8%+95.5%
Annual Operating Margin-45.60%+3.1%-6.3%-9.5%-4.7%
Annual Net Margin11.62%+14.7%-2.8%-11.6%+23.8%

Gross Margin Highs

MKC Annual Gross Margin Highs Comparison
PeriodHighDateCurrent
3Y38.51%at high
5Y41.04%N/A-6.2%
All42.49%-9.4%

Gross Margin Lows

MKC Annual Gross Margin Lows Comparison
PeriodLowDateCurrent
3Y35.79%N/A+7.6%
5Y35.79%+7.6%
All32.95%+16.9%

Gross Margin History

YearValueChange
38.51%+2.5%
37.56%+4.9%
35.79%-9.8%
39.67%-3.3%
41.04%+2.4%
40.09%+1.4%
39.54%-5.8%
41.99%+1.3%
41.44%+2.7%
40.37%-1.1%
40.80%+1.0%
40.39%+0.2%
40.29%-2.4%
41.27%-2.9%
42.49%+2.4%
41.49%+2.0%
40.69%-0.7%
40.98%-1.2%
41.46%+3.7%
39.99%+0.2%
39.90%+0.8%
39.59%+7.2%
36.92%-9.2%
YearValueChange
40.64%+7.2%
37.90%+5.9%
35.79%+3.7%
34.50%-1.2%
34.91%+0.1%
34.89%+0.2%
34.82%-6.1%
37.07%-4.3%
38.75%-2.4%
39.69%+4.7%
37.91%+3.4%
36.65%+3.7%
35.33%+7.2%
32.95%-3.5%
34.15%-1.5%
34.68%-1.8%
35.33%-2.4%
36.19%-3.6%
37.53%+0.5%
37.33%+4.2%
35.83%-3.2%
37.01%-

FAQ

  • What is the current annual gross margin of MKC?

    As of today, MKC annual gross margin is 38.51%

  • What is 1-year change in MKC annual gross margin?

    MKC annual gross margin is up +2.53% year-over-year

  • What is 3-year change in MKC annual gross margin?

    MKC annual gross margin is down -2.92% over the past 3 years

  • How far is MKC annual gross margin from its all-time high?

    MKC annual gross margin is currently -9.37% below its historical high of 42.49% set on November 30, 2010

  • How does MKC annual gross margin rank versus sector peers?

    MKC annual gross margin is higher than 58.66% of companies in Consumer Defensive sector

  • When is MKC next annual earnings release?

    The next annual earnings release for MKC is on

Gross Margin Formula

Gross Margin =  Gross Profit
Revenue
× 100%

Data Sources & References

  1. MKC Official Website www.mccormickcorporation.com
  2. Most Recent Quarterly Report (10-Q) www.sec.gov/Archives/edgar/data/63754/000006375425000065/0000063754-25-000065-index.htm
  3. Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/63754/000006375425000005/0000063754-25-000005-index.htm
  4. MKC Profile on Yahoo Finance finance.yahoo.com/quote/MKC
  5. MKC Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/mkc