Growth Metrics

Mccormick (MKC) Gross Margin (2016 - 2026)

Mccormick's Gross Margin history spans 18 years, with the latest figure at 37.83% for Q1 2026.

  • For Q1 2026, Gross Margin rose 21.0% year-over-year to 37.83%; the TTM value through Feb 2026 reached 37.94%, down 65.0%, while the annual FY2025 figure was 37.9%, 64.0% down from the prior year.
  • Gross Margin reached 37.83% in Q1 2026 per MKC's latest filing, down from 38.93% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 40.17% in Q4 2024 to a low of 34.03% in Q2 2022.
  • Average Gross Margin over 5 years is 37.44%, with a median of 37.4% recorded in 2025.
  • Peak YoY movement for Gross Margin: plummeted -545bps in 2022, then skyrocketed 319bps in 2023.
  • A 5-year view of Gross Margin shows it stood at 36.82% in 2022, then grew by 9bps to 40.01% in 2023, then increased by 0bps to 40.17% in 2024, then dropped by -3bps to 38.93% in 2025, then decreased by -3bps to 37.83% in 2026.
  • Per Business Quant, the three most recent readings for MKC's Gross Margin are 37.83% (Q1 2026), 38.93% (Q4 2025), and 37.4% (Q3 2025).