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

Mccormick (MKC-V) reported Operating Margin of 12.14% for Q1 2026, down 189.0% on a YoY basis from 13.64% in Q1 2025, and down 27.79% quarter-over-quarter from 16.81% in Q4 2025.

Mccormick (MKC-V) Operating Margin (2009 - 2026) Analysis & Trends

Mccormick has reported Operating Margin for 18 years, with the latest figure at 12.14% in Q1 2026.

  • For the quarter ending Q1 2026, Operating Margin fell 189.0% year-over-year to 12.14%; the trailing twelve-month figure through Feb 2026 stood at 15.1% (down 54.0% YoY), and the FY2025 full-year result was 15.65%, down 12.0% from the prior year.
  • Operating Margin for Q1 2026 stood at 12.14%, down from 16.81% in the prior quarter.
  • The five-year high for Operating Margin was 17.06% in Q3 2024, with the low at 10.23% in Q2 2022.
  • Historically, Operating Margin has averaged 14.66% across 5 years, with a median of 14.57% in 2024.
  • Annual changes were most pronounced in 2022 — Operating Margin slumped 502 bps — and 2023, when it surged 314 bps.
  • Mccormick's Operating Margin stood at 15.59% in 2022, then gained by 9 bps to 16.96% in 2023, then gained by 0 bps to 17.03% in 2024, then dropped by 1 bps to 16.81% in 2025, then retreated by 28 bps to 12.14% in 2026.
  • The last three Operating Margin figures came in at 12.14% (Q1 2026), 16.81% (Q4 2025), and 16.74% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Paranovus Entertainment Technology 75,216.52 Bn 75,216.52 Bn - -
2 Kraft Heinz 26.76 Bn 22.68 Bn 2.22 Bn 18.94%
3 General Mills 17.79 Bn 17.02 Bn 1.37 Bn 11.82%
4 Jbs 13.93 Bn 9.37 Bn 2.32 Bn -
5 Hormel Foods 13.00 Bn 12.16 Bn 518.51 Mn 7.30%
6 Mccormick 12.70 Bn 13.10 Bn 708.90 Mn 12.14%
7 Magnum Ice Cream 12.17 Bn 11.70 Bn - -
8 J M Smucker 11.05 Bn 10.99 Bn 827.80 Mn -23.44%
9 Smithfield Foods 10.57 Bn 9.49 Bn 511.00 Mn 8.76%
10 Mccormick - - 708.90 Mn 12.14%

Historic Data

Download Data
DateValue
Feb 28, 2026 12.14%
Nov 30, 2025 16.81%
Aug 31, 2025 16.74%
May 31, 2025 14.81%
Feb 28, 2025 14.03%
Nov 30, 2024 17.03%
Aug 31, 2024 17.06%
May 31, 2024 14.25%
Feb 29, 2024 14.57%
Nov 30, 2023 16.96%
Aug 31, 2023 14.54%
May 31, 2023 13.37%
Feb 28, 2023 12.71%
Nov 30, 2022 15.59%
Aug 31, 2022 14.74%
May 31, 2022 10.23%
Feb 28, 2022 13.59%
Nov 30, 2021 15.96%
Aug 31, 2021 17.12%
May 31, 2021 15.25%