Mccormick (MKC-V) Gross Margin (2009 - 2026)

Mccormick has reported Gross Margin for 18 years, with the latest figure at 37.83% in Q1 2026.

• For the quarter ending Q1 2026, Gross Margin rose 21.0% year-over-year to 37.83%; the trailing twelve-month figure through Feb 2026 stood at 37.94% (down 65.0% YoY), and the FY2025 full-year result was 37.9%, down 64.0% from the prior year.
• Gross Margin for Q1 2026 stood at 37.83%, down from 38.93% in the prior quarter.
• The five-year high for Gross Margin was 40.17% in Q4 2024, with the low at 34.03% in Q2 2022.
• Historically, Gross Margin has averaged 37.44% across 5 years, with a median of 37.4% in 2025.
• Annual changes were most pronounced in 2022 — Gross Margin slumped 545 bps — and 2023, when it soared 319 bps.
• Mccormick's Gross Margin stood at 36.82% in 2022, then increased by 9 bps to 40.01% in 2023, then rose by 0 bps to 40.17% in 2024, then declined by 3 bps to 38.93% in 2025, then slipped by 3 bps to 37.83% in 2026.
• The last three Gross Margin figures came in at 37.83% (Q1 2026), 38.93% (Q4 2025), and 37.4% (Q3 2025), per Business Quant data.