McCormick & Company, Incorporated MKC

47.94 0.12 0.25% as of 25 Sep
Market cap
$12.9B
P/E
8.0×
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McCormick & Company, Incorporated (MKC) Operating margin

McCormick & Company, Incorporated's operating margin over the twelve months to 31 May 2026 was 14.9%, down 0.7 percentage points from fiscal 2025 (15.7%). Over the past ten years it has ranged from 12.8% (fiscal 2015) to 17.9% (fiscal 2019); the current reading is higher than 55% of that period. That is above the Packaged Foods industry median of 0.00% and above the Consumer Defensive sector median of 1.81%.

Operating margin, annual

Annual

Period Operating margin Change (points)
FY2025 15.7% (0.12)
FY2024 15.8% 1.32
FY2023 14.5% 0.85
FY2022 13.6% (2.47)
FY2021 16.1% (1.77)
FY2020 17.8% (0.07)
FY2019 17.9% 1.11
FY2018 16.8% 2.01
FY2017 14.8% 0.26
FY2016 14.5% 1.77

Quarterly

Period Operating margin Change (points)
May 2026 14.3% 2.13
Feb 2026 12.1% (4.67)
Nov 2025 16.8% 0.07
Aug 2025 16.7% 1.93
42 more quarters

Against its own ten years

Low 12.8% High 17.9%
Ten-year median 15.7%
Current reading's percentile 55

Operating margin against peers

Company Operating margin
MKC McCormick & Company, Incorporated 14.9%
DAR Darling Ingredients Inc. compare 14.5%
SJM The J. M. Smucker Company compare 9.02%
SFD Smithfield Foods, Inc. compare 8.62%
JBS JBS N.V. compare 3.57%
HRL Hormel Foods Corporation compare 3.47%
GIS General Mills, Inc. compare −1.13%
CAG Conagra Brands compare −14.4%
MICC The Magnum Ice Cream Company N.V. compare —
Packaged Foods industry median 0.00%
Consumer Defensive sector median 1.81%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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