What is the current annual gross margin of MKC?

As of today, MKC annual gross margin is 37.90%

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

MKC annual gross margin is down -1.58% year-over-year

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

MKC annual gross margin is up +5.90% over the past 3 years

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

MKC annual gross margin is currently -10.80% 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 59.38% of companies in Consumer Defensive sector

When is MKC next annual earnings release?

As of today, the next annual earnings release for MKC has not been scheduled

What is the current quarterly gross margin of MKC?

As of today, MKC quarterly gross margin is 37.83%

What is MKC quarterly gross margin most recent change?

MKC quarterly gross margin was down -2.88% on February 28, 2026

What is 1-year change in MKC quarterly gross margin?

MKC quarterly gross margin is up +0.53% year-over-year

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

MKC quarterly gross margin is currently -17.56% below its historical high of 45.89% set on November 30, 2017

How does MKC quarterly gross margin rank versus sector peers?

MKC quarterly gross margin is higher than 57.66% of companies in Consumer Defensive sector

When is MKC next earnings release?

As of today, the next earnings release for MKC has not been scheduled

MKC Gross Margin History & Chart Since 1980

Annual Gross Margin

37.90%0.61%-1.58%

November 30, 2025

Summary

Current Value: As of today, MKC annual gross margin is 37.90%, down -1.58% on November 30, 2025
Historical Performance: MKC annual gross margin is up +5.90% over the past 3 years, down -7.65% over the past 5 years
All-Time High Comparison: MKC annual gross margin is currently -10.80% below its historical high of 42.49% set on November 30, 2010
3-Year Low Comparison: MKC annual gross margin is +5.90% above its 3-year low of 35.79% reached on an earlier date
Sector Comparison: MKC annual gross margin is higher than 59.38% of companies in Consumer Defensive sector

Gross Margin Chart

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Series

Performance

MKC Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Gross Margin	Nov 30, 25	37.90%	-1.6%	+5.9%	-7.7%	-10.8%
Quarterly Gross Margin	Feb 28, 26	37.83%	+0.5%	+5.4%	-4.0%	-9.9%
Price	Apr 1, 26	$48.38	-41.2%	-41.9%	-45.8%	+102.0%
PE Ratio	Apr 1, 26	7.93	-71.9%	-76.5%	-74.8%	-53.5%
Annual Revenue	Nov 30, 25	$6.84B	+1.7%	+7.7%	+22.1%	+105.0%
Annual Gross Profit	Nov 30, 25	$2.59B	+0.1%	+14.1%	+12.8%	+82.8%
Annual Operating Margin	Nov 30, 25	15.96%	+0.4%	+10.7%	-12.1%	+4.5%
Annual Net Margin	Nov 30, 25	11.54%	-0.7%	+7.5%	-13.5%	+4.1%

Gross Margin Highs

MKC Annual Gross Margin Highs Comparison
Period	High	Date	Current
3Y	38.51%	Nov 30, 24	-1.6%
5Y	41.04%	N/A	-7.7%
All	42.49%	Nov 30, 10	-10.8%

Gross Margin Lows

MKC Annual Gross Margin Lows Comparison
Period	Low	Date	Current
3Y	35.79%	N/A	+5.9%
5Y	35.79%	Nov 30, 22	+5.9%
All	32.95%	Nov 30, 88	+15.0%

Gross Margin History

Year	Value	Change
2025	37.90%	-1.6%
2024	38.51%	+2.5%
2023	37.56%	+4.9%
2022	35.79%	-9.8%
2021	39.67%	-3.3%
2020	41.04%	+2.4%
2019	40.09%	+1.4%
2018	39.54%	-5.8%
2017	41.99%	+1.3%
2016	41.44%	+2.7%
2015	40.37%	-1.1%
2014	40.80%	+1.0%
2013	40.39%	+0.2%
2012	40.29%	-2.4%
2011	41.27%	-2.9%
2010	42.49%	+2.4%
2009	41.49%	+2.0%
2008	40.69%	-0.7%
2007	40.98%	-1.2%
2006	41.46%	+3.7%
2005	39.99%	+0.2%
2004	39.90%	+0.8%
2003	39.59%	+7.2%

Year	Value	Change
2002	36.92%	-9.2%
2001	40.64%	+7.2%
2000	37.90%	+5.9%
1999	35.79%	+3.7%
1998	34.50%	-1.2%
1997	34.91%	+0.1%
1996	34.89%	+0.2%
1995	34.82%	-6.1%
1994	37.07%	-4.3%
1993	38.75%	-2.4%
1992	39.69%	+4.7%
1991	37.91%	+3.4%
1990	36.65%	+3.7%
1989	35.33%	+7.2%
1988	32.95%	-3.5%
1987	34.15%	-1.5%
1986	34.68%	-1.8%
1985	35.33%	-2.4%
1984	36.19%	-3.6%
1983	37.53%	+0.5%
1982	37.33%	+4.2%
1981	35.83%	-3.2%
1980	37.01%	-

FAQ

What is the current annual gross margin of MKC?
As of today, MKC annual gross margin is 37.90%
What is 1-year change in MKC annual gross margin?
MKC annual gross margin is down -1.58% year-over-year
What is 3-year change in MKC annual gross margin?
MKC annual gross margin is up +5.90% over the past 3 years
How far is MKC annual gross margin from its all-time high?
MKC annual gross margin is currently -10.80% 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 59.38% of companies in Consumer Defensive sector
When is MKC next annual earnings release?
As of today, the next annual earnings release for MKC has not been scheduled

Quarterly Gross Margin

37.83%1.12%-2.88%

February 28, 2026

Summary

Current Value: As of today, MKC quarterly gross margin is 37.83%, down -2.88% on February 28, 2026
Historical Performance: MKC quarterly gross margin is up +0.53% year-over-year, up +5.43% over the past 3 years
All-Time High Comparison: MKC quarterly gross margin is currently -17.56% below its historical high of 45.89% set on November 30, 2017
3-Year Low Comparison: MKC quarterly gross margin is +5.43% above its 3-year low of 35.88% reached on an earlier date
Sector Comparison: MKC quarterly gross margin is higher than 57.66% of companies in Consumer Defensive sector

Performance

MKC Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Gross Margin	Feb 28, 26	37.83%	-2.9%	+0.5%	+5.4%	-4.0%
Annual Gross Margin	Nov 30, 25	37.90%	–	-1.6%	+5.9%	-7.7%
Price	Apr 1, 26	$48.38	-29.0%	-41.2%	-41.9%	-45.8%
PE Ratio	Apr 1, 26	7.93	-65.8%	-71.9%	-76.5%	-74.8%
Quarterly Revenue	Feb 28, 26	$1.87B	+1.3%	+16.7%	+19.7%	+26.5%
Quarterly Gross Profit	Feb 28, 26	$708.90M	-1.6%	+17.4%	+26.2%	+21.5%
Quarterly Operating Margin	Feb 28, 26	13.48%	-21.1%	-3.9%	-6.5%	-23.8%
Quarterly Net Margin	Feb 28, 26	-	–	–	–	–

Quarterly Gross Margin Highs

MKC Quarterly Gross Margin Highs Comparison
Period	High	Date	Current
1Y	38.95%	Nov 30, 25	-2.9%
3Y	40.18%	Nov 30, 24	-5.8%
5Y	40.90%	Nov 30, 21	-7.5%
All	45.89%	Nov 30, 17	-17.6%

Quarterly Gross Margin Lows

MKC Quarterly Gross Margin Lows Comparison
Period	Low	Date	Current
1Y	37.44%	Aug 31, 25	+1.0%
3Y	35.88%	N/A	+5.4%
5Y	34.02%	May 31, 22	+11.2%
All	32.07%	Feb 28, 98	+18.0%

Quarterly Gross Margin History

Month	Value	Change
Feb 2026	37.83%	-2.9%
Nov 2025	38.95%	+4.0%
Aug 2025	37.44%	-0.1%
May 2025	37.49%	-0.4%
Feb 2025	37.63%	-6.3%
Nov 2024	40.18%	+3.9%
Aug 2024	38.67%	+2.6%
May 2024	37.69%	+1.0%
Feb 2024	37.31%	-6.8%
Nov 2023	40.05%	+8.3%
Aug 2023	36.99%	-0.3%
May 2023	37.10%	+3.4%
Feb 2023	35.88%	-2.4%
Nov 2022	36.77%	+3.7%
Aug 2022	35.47%	+4.3%
May 2022	34.02%	-7.6%
Feb 2022	36.82%	-10.0%
Nov 2021	40.90%	+5.6%
Aug 2021	38.72%	-2.0%
May 2021	39.52%	+0.3%
Feb 2021	39.39%	-7.1%
Nov 2020	42.38%	+2.9%
Aug 2020	41.19%	-0.5%
May 2020	41.38%	+6.8%
Feb 2020	38.74%	-8.6%
Nov 2019	42.38%	+4.4%
Aug 2019	40.58%	+3.9%
May 2019	39.05%	+3.1%
Feb 2019	37.89%	-8.0%
Nov 2018	41.20%	+3.8%
Aug 2018	39.70%	+1.9%
May 2018	38.96%	+2.6%
Feb 2018	37.97%	-17.3%
Nov 2017	45.89%	+11.0%
Aug 2017	41.34%	+3.8%
May 2017	39.84%	+0.9%
Feb 2017	39.47%	-10.2%
Nov 2016	43.96%	+5.7%
Aug 2016	41.60%	+2.6%
May 2016	40.53%	+3.4%
Feb 2016	39.19%	-9.4%
Nov 2015	43.26%	+9.2%
Aug 2015	39.61%	+1.0%
May 2015	39.23%	+2.0%
Feb 2015	38.46%	-10.9%
Nov 2014	43.15%	+7.0%
Aug 2014	40.31%	+1.0%
May 2014	39.93%	+1.2%
Feb 2014	39.45%	-8.0%
Nov 2013	42.86%	+7.0%
Aug 2013	40.07%	+1.8%
May 2013	39.36%	+1.5%
Feb 2013	38.76%	-8.0%
Nov 2012	42.11%	+5.1%
Aug 2012	40.05%	+1.5%
May 2012	39.45%	+0.6%
Feb 2012	39.23%	-9.2%
Nov 2011	43.20%	+8.8%
Aug 2011	39.72%	-0.2%
May 2011	39.80%	-5.2%
Feb 2011	42.00%	-7.8%
Nov 2010	45.54%	+8.0%
Aug 2010	42.15%	+3.2%
May 2010	40.86%	-0.9%
Feb 2010	41.22%	-7.9%
Nov 2009	44.77%	+10.6%
Aug 2009	40.47%	+2.2%
May 2009	39.59%	+0.5%
Feb 2009	39.39%	-10.3%
Nov 2008	43.90%	+10.9%
Aug 2008	39.57%	+1.0%
May 2008	39.18%	-0.8%
Feb 2008	39.51%	-8.6%

Month	Value	Change
Nov 2007	43.25%	+8.4%
Aug 2007	39.89%	+0.6%
May 2007	39.66%	-2.3%
Feb 2007	40.58%	-9.6%
Nov 2006	44.91%	+9.9%
Aug 2006	40.87%	+2.5%
May 2006	39.86%	+1.6%
Feb 2006	39.25%	-10.6%
Nov 2005	43.92%	+12.4%
Aug 2005	39.08%	+1.8%
May 2005	38.40%	+1.6%
Feb 2005	37.80%	-10.7%
Nov 2004	42.35%	+8.6%
Aug 2004	38.98%	+0.2%
May 2004	38.90%	+0.4%
Feb 2004	38.73%	-10.5%
Nov 2003	43.26%	+13.5%
Aug 2003	38.11%	+6.5%
May 2003	35.79%	-0.6%
Feb 2003	36.00%	-12.3%
Nov 2002	41.04%	+17.8%
Aug 2002	34.84%	-0.1%
May 2002	34.87%	-2.3%
Feb 2002	35.70%	-14.9%
Nov 2001	41.97%	+4.6%
Aug 2001	40.12%	+2.7%
May 2001	39.06%	-0.1%
Feb 2001	39.08%	-10.8%
Nov 2000	43.80%	+25.6%
Aug 2000	34.86%	-0.7%
May 2000	35.10%	-0.9%
Feb 2000	35.43%	-12.4%
Nov 1999	40.44%	+17.4%
Aug 1999	34.45%	+2.3%
May 1999	33.69%	+2.3%
Feb 1999	32.92%	-15.5%
Nov 1998	38.96%	+18.5%
Aug 1998	32.89%	+1.4%
May 1998	32.45%	+1.2%
Feb 1998	32.07%	-22.6%
Nov 1997	41.45%	+15.8%
Aug 1997	35.80%	+1.3%
May 1997	35.34%	-3.7%
Feb 1997	36.70%	-14.3%
Nov 1996	42.82%	+14.6%
Aug 1996	37.36%	+7.1%
May 1996	34.89%	-5.3%
Feb 1996	36.85%	-10.3%
Nov 1995	41.06%	+12.6%
Aug 1995	36.48%	-2.7%
May 1995	37.51%	+1.1%
Feb 1995	37.12%	-11.7%
Nov 1994	42.02%	+1.4%
Aug 1994	41.45%	+5.2%
May 1994	39.39%	-0.7%
Feb 1994	39.65%	-11.3%
Nov 1993	44.68%	+5.0%
Aug 1993	42.54%	+6.1%
May 1993	40.11%	+1.0%
Feb 1993	39.72%	-11.5%
Nov 1992	44.89%	+6.5%
Aug 1992	42.16%	+2.4%
May 1992	41.18%	-0.7%
Feb 1992	41.48%	-7.9%
Nov 1991	45.06%	+12.7%
Aug 1991	39.99%	+4.8%
May 1991	38.15%	-0.9%
Feb 1991	38.50%	-11.5%
Nov 1990	43.49%	+12.0%
Aug 1990	38.82%	+5.6%
May 1990	36.76%	-1.4%
Feb 1990	37.27%	-

FAQ

What is the current quarterly gross margin of MKC?
As of today, MKC quarterly gross margin is 37.83%
What is MKC quarterly gross margin most recent change?
MKC quarterly gross margin was down -2.88% on February 28, 2026
What is 1-year change in MKC quarterly gross margin?
MKC quarterly gross margin is up +0.53% year-over-year
How far is MKC quarterly gross margin from its all-time high?
MKC quarterly gross margin is currently -17.56% below its historical high of 45.89% set on November 30, 2017
How does MKC quarterly gross margin rank versus sector peers?
MKC quarterly gross margin is higher than 57.66% of companies in Consumer Defensive sector
When is MKC next earnings release?
As of today, the next earnings release for MKC has not been scheduled

Gross Margin Formula

Gross Margin = Gross Profit

Revenue × 100%

Data Sources & References

MKC Official Website www.mccormickcorporation.com
Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/63754/000006375426000037/0000063754-26-000037-index.htm
MKC Profile on Yahoo Finance finance.yahoo.com/quote/MKC
MKC Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/mkc