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Saturday 17 October 2026 Export MKC’s income statement to Excel — free account

McCormick & Company, Incorporated

MKC Consumer Defensive Packaged Foods

McCormick & Company, Incorporated’s revenue for fiscal 2025 (year ended November 2025) was $6.8 billion, up 1.73% from fiscal 2024. In the quarter to August 2026, revenue grew 17.4%, EPS fell 53.8%, free cash flow fell 45.6% and total debt fell 4.77%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years, revenue growth for ten; insiders bought in the last twelve months.

46.35 0.64 +1.40%
Market cap
$12.3B
P/E
8.3×
Fwd P/E
15.7×
Dividend yield
4.14%
F-score
6/9
Altman Z
2.57
Beneish M
−2.48
Dividend safety
59/100
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

McCormick & Company, Incorporated (MKC) Gross margin

Alert me on Gross margin

McCormick & Company, Incorporated's gross margin over the twelve months to 31 August 2026 was 39.1%, up 1.2 percentage points from fiscal 2025 (37.9%). Over the past ten years it has ranged from 35.8% (fiscal 2022) to 41.5% (fiscal 2016); the current reading is higher than 27% of that period. That is above the Packaged Foods industry median of 27.5% and above the Consumer Defensive sector median of 34.8%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 37.9% (0.64)
FY2024 38.5% 0.98
FY2023 37.6% 1.74
FY2022 35.8% (3.66)
FY2021 39.5% (1.59)
FY2020 41.1% 0.95
FY2019 40.1% 0.64
FY2018 39.5% 1.55
FY2017 37.9% (3.59)
FY2016 41.5% 1.08

Quarterly newest first

Period Gross margin Change (points)
Aug 2026 39.3% (0.92)
May 2026 40.2% 2.35
Feb 2026 37.8% (1.10)
Nov 2025 38.9% 1.53
43 more quarters

Against its own ten years

Low 35.8% High 41.5%
Ten-year median 39.5%
Current reading's percentile 53

Gross margin against peers

Company Gross margin
MKC McCormick & Company, Incorporated 39.1%
SJM The J. M. Smucker Company compare 38.7%
GIS General Mills, Inc. compare 33.6%
DAR Darling Ingredients Inc. compare 26.3%
LW Lamb Weston compare 19.4%
HRL Hormel Foods Corporation compare 15.7%
SFD Smithfield Foods, Inc. compare 13.4%
JBS JBS N.V. compare 11.8%
MICC The Magnum Ice Cream Company N.V. compare —
Packaged Foods industry median 27.5%
Consumer Defensive sector median 34.8%
Market median 46.2%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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