Mccormick (MKC) Gross Margin (2009 - 2026)
Mccormick (MKC) posted Gross Margin of 40.18% for Q2 2026, up 6.22% on a QoQ basis from 37.83% in Q1 2026, and up 265.0% year-over-year from 11.01% in Q2 2025.
Mccormick (MKC) Gross Margin (2009 - 2026) Analysis & Trends
Mccormick's Gross Margin history runs 18 years deep, the most recent figure standing at 40.18% for Q2 2026.
- Quarterly Gross Margin rose 265.0% year-over-year to 40.18% in Q2 2026, while the trailing twelve-month figure through May 2026 was 38.62% (up 8.0% YoY) and the FY2025 annual result came in at 37.9%, down 64.0% from the prior year.
- Gross Margin was 40.18% for Q2 2026 at Mccormick, up from 37.83% in the prior quarter.
- Across five years, Gross Margin topped out at 40.18% in Q2 2026 and bottomed at 34.03% in Q2 2022.
- A 5-year average of 37.59% and a median of 37.46% in 2025 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2022 — Gross Margin sank 545 bps — and 2023, when it soared 319 bps.
- Mccormick's Gross Margin stood at 36.82% in 2022, then gained by 9 bps to 40.01% in 2023, then advanced by 0 bps to 40.17% in 2024, then retreated by 3 bps to 38.93% in 2025, then increased by 3 bps to 40.18% in 2026.
- Business Quant data shows MKC's Gross Margin at 40.18% in Q2 2026, 37.83% in Q1 2026, and 38.93% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 30.29 Bn | 26.20 Bn | 2.22 Bn | 36.70% |
| 2 | General Mills | 19.35 Bn | 18.90 Bn | 1.60 Bn | 34.79% |
| 3 | Hormel Foods | 13.90 Bn | 13.04 Bn | 518.51 Mn | 17.44% |
| 4 | Mccormick | 13.45 Bn | 13.12 Bn | 778.20 Mn | 40.18% |
| 5 | Magnum Ice Cream | 10.95 Bn | 10.43 Bn | - | - |
| 6 | Smithfield Foods | 10.34 Bn | 8.95 Bn | 511.00 Mn | 13.45% |
| 7 | Darling Ingredients | 9.92 Bn | 9.80 Bn | 404.92 Mn | 26.11% |
| 8 | Oatly Group AB | 8.23 Bn | 8.23 Bn | 76.34 Mn | 33.43% |
| 9 | Conagra Brands | 7.07 Bn | 6.85 Bn | 704.10 Mn | 24.43% |
| 10 | Lamb Weston Holdings | 6.87 Bn | 6.81 Bn | 331.60 Mn | 21.19% |
Historic Data
Download Data| Date | Value |
|---|---|
| May 31, 2026 | 40.18% |
| Feb 28, 2026 | 37.83% |
| Nov 30, 2025 | 38.93% |
| Aug 31, 2025 | 37.40% |
| May 31, 2025 | 37.53% |
| Feb 28, 2025 | 37.62% |
| Nov 30, 2024 | 40.17% |
| Aug 31, 2024 | 38.69% |
| May 31, 2024 | 37.71% |
| Feb 29, 2024 | 37.39% |
| Nov 30, 2023 | 40.01% |
| Aug 31, 2023 | 36.97% |
| May 31, 2023 | 37.10% |
| Feb 28, 2023 | 35.96% |
| Nov 30, 2022 | 36.82% |
| Aug 31, 2022 | 35.52% |
| May 31, 2022 | 34.03% |
| Feb 28, 2022 | 36.81% |
| Nov 30, 2021 | 40.62% |
| Aug 31, 2021 | 38.70% |