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, 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 61.42% of companies in Consumer Defensive sector

Gross Margin Chart

SUGGESTED SERIES

Performance

MKC Performance
MetricDateValue1Y3Y5Y15Y
Annual Gross Margin37.90%-1.6%+5.9%-7.7%-10.8%
Quarterly Gross Margin40.28%+7.4%+8.6%+1.9%+1.2%
Price$50.90-27.9%-43.1%-39.5%+109.3%
PE Ratio8.47-65.5%-75.5%-71.9%-50.0%
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 61.42% 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 Annual Report (10-K) www.sec.gov/Archives/edgar/data/63754/000006375426000037/0000063754-26-000037-index.htm
  3. MKC Profile on Yahoo Finance finance.yahoo.com/quote/MKC
  4. MKC Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/mkc