MKC McCormick & Co Inc (Non Voting) margins

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Relative Growth: Rel. Growth: 68
Relative Strength: Rel. Strength: 21
Relative Valuation: Rel. Valuation: 95
Relative Profitability: Rel. Profitability: 85
Gross margin
39.1%
Operating margin
13.4%
EBITDA margin
28.6%
Net margin
19.2%

For this period, McCormick & Co Inc (Non Voting) reports a gross margin of 39.1%, an operating margin of 13.4%, an EBITDA margin of 28.6%, and a net margin of 19.2%. The strongest positive change was in EBITDA margin, higher by 8.2 percentage points. The strongest negative change was in operating margin, lower by 2.3 percentage points.

MKC margin history

Gross, operating, EBITDA and net margin trends

McCormick & Co Inc (Non Voting)'s margins averaged 38.28% gross, 15.18% operating, 22.16% EBITDA, and 13.14% net during the last 3 years. McCormick & Co Inc (Non Voting)'s current metrics show that gross, EBITDA, and net margins are above their three-year averages and operating margin is below its three-year average.

MKC margin expansion

Year-over-year margin changes in percentage points

From the same period last year, gross margin expanded by 0.9 percentage points, EBITDA margin by 8.2 percentage points, and net margin by 8 percentage points, while operating margin contracted by 2.3 percentage points.

Gross margin expansion
0.9pp
Operating margin expansion
-2.3pp
EBITDA margin expansion
8.2pp
Net margin expansion
8pp

MKC Gross margin

The average gross margin for McCormick & Co Inc (Non Voting) was 38.28% in the last 3 years. Right now, the current gross margin for McCormick & Co Inc (Non Voting) is 39.1%, 0.8 percentage points above its three-year average. The gross margin for McCormick & Co Inc (Non Voting) moved between 37.6% in Nov 2023 and 39.1% in Aug 2026.

MKC Operating margin

McCormick & Co Inc (Non Voting)'s operating margin averaged 15.18% over the last 3 years. McCormick & Co Inc (Non Voting)'s current operating margin is 13.4% and is 1.8 percentage points below its three-year average. Over the last 3 years, McCormick & Co Inc (Non Voting)'s operating margin peaked at 15.8% in May 2025 and reached a low of 13.4% in Aug 2026.

MKC EBITDA margin

Reviewing the last 3 years, McCormick & Co Inc (Non Voting) recorded an average EBITDA margin of 22.16%. McCormick & Co Inc (Non Voting)'s current EBITDA margin is 28.6% and is 6.4 percentage points above its three-year average. The highest EBITDA margin for McCormick & Co Inc (Non Voting) was 31.8% in Feb 2026, while the lowest was 18.1% in Nov 2023.

MKC Net margin

Over the last 3 years, the average net margin for McCormick & Co Inc (Non Voting) was 13.14%. As of the latest period, the current net margin for McCormick & Co Inc (Non Voting) is 19.2%, 6.1 percentage points above its three-year average. McCormick & Co Inc (Non Voting)'s net margin ranged from a low of 9.4% in Nov 2023 to a high of 22.9% in Feb 2026.

MKC margin group comparison

Margins compared with peer-group, industry and sector averages

McCormick & Co Inc (Non Voting)'s gross margin of 39.1% is higher than the Consumer Defensive sector, the industry and its peers average. Looking at the Consumer Defensive sector average of 36.6%, McCormick & Co Inc (Non Voting)'s gross margin is 7% higher.

MKC margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is McCormick & Co Inc (Non Voting)'s gross margin?

For the period ending Aug 31, 2026, MKC recorded a gross margin of 39.1%.

What is McCormick & Co Inc (Non Voting)'s operating margin?

For the period ending Aug 31, 2026, MKC recorded an operating margin of 13.4%.

What is McCormick & Co Inc (Non Voting)'s EBITDA margin?

The current EBITDA margin for MKC is 28.6% as of Aug 31, 2026.

What is McCormick & Co Inc (Non Voting)'s net margin?

As of Aug 31, 2026, MKC has a net margin of 19.2%.

What are the average margins of MKC?

McCormick & Co Inc (Non Voting)'s average margins over the last 3 years were 38.3% gross, 15.2% operating, 22.2% EBITDA, and 13.1% net.

What are the highest historical margins of MKC?

Over this 5-year history, MKC peaked at 39.5% gross in Nov 2021, 16.1% operating in Nov 2021, 31.8% EBITDA in Feb 2026, and 22.9% net in Feb 2026.

What are the lowest historical margins of MKC?

Over this 5-year history, McCormick & Co Inc (Non Voting)'s margins fell as low as 35.6% gross in Feb 2023, 13.4% operating in Feb 2023, 17.7% EBITDA in May 2022, and 9.1% net in Aug 2023.