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

MKC Gross Margin

Annual Gross Margin

37.90%0.61%-1.58%

Summary

Current Value
As of today, MKC annual gross margin is 37.90%, down -1.58% on
Historical Performance
MKC annual gross margin is up +5.90% over the past 3 years, and 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
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 57.48% of companies in Consumer Defensive sector

Gross Margin Chart

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Performance

MKC Performance
MetricDateValue1Y3Y5Y15Y
Annual Gross Margin37.90%-1.6%+5.9%-7.7%-10.8%
Quarterly Gross Margin38.95%-3.1%+5.9%-8.1%-14.5%
Price$61.83-20.5%-17.2%-30.9%+177.8%
PE Ratio21.08-20.8%-28.8%-34.6%+30.2%
Annual Revenue$6.84B+1.7%+7.7%+22.1%+105.0%
Annual Gross Profit$2.59B+0.1%+14.1%+12.8%+82.8%
Annual Operating Margin15.96%+0.4%+10.7%-12.1%+4.5%
Annual Net Margin11.54%-0.7%+7.5%-13.5%+4.1%

Gross Margin Highs

MKC Annual Gross Margin Highs Comparison
PeriodHighDateCurrent
3Y38.51%-1.6%
5Y41.04%N/A-7.7%
All42.49%-10.8%

Gross Margin Lows

MKC Annual Gross Margin Lows Comparison
PeriodLowDateCurrent
3Y35.79%N/A+5.9%
5Y35.79%+5.9%
All32.95%+15.0%

Gross Margin History

YearValueChange
37.90%-1.6%
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%
YearValueChange
36.92%-9.2%
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 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 57.48% 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

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/63754/000006375426000037/0000063754-26-000037-index.htm
  3. Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/63754/000006375426000037/0000063754-26-000037-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