Mccormick (MKC) Gross Margin (2009 - 2026)
Mccormick's (MKC) quarterly Gross Margin came in at 40.18% in Q2 2026, up 265.0% on a YoY basis from 11.01% in Q2 2025, and up 6.22% quarter-over-quarter from 37.83% in Q1 2026.
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Mccormick (MKC) Gross Margin (2009 - 2026) Analysis & Trends
Mccormick (MKC) has reported Gross Margin for 18 consecutive years, with 40.18% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Gross Margin rose 265.0% year-over-year to 40.18%; the trailing twelve-month figure through May 2026 stood at 38.62% (up 8.0% YoY), and the FY2025 full-year result was 37.9%, down 64.0% from the prior year.
- Gross Margin grew to 40.18% in Q2 2026 per MKC's latest filing, 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.
- Historically, Gross Margin has averaged 37.59% across 5 years, with a median of 37.46% in 2025.
- The sharpest annual moves came in 2022 and 2023: Gross Margin tumbled 545 bps in 2022, then jumped 319 bps in 2023.
- Over 5 years, 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.
- According to Business Quant data, Gross Margin over the past three periods registered 40.18%, 37.83%, and 38.93% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 29.22 Bn | 26.54 Bn | 2.03 Bn | 32.39% |
| 2 | General Mills | 19.94 Bn | 19.49 Bn | 1.60 Bn | 34.79% |
| 3 | Mccormick | 13.84 Bn | 13.51 Bn | 778.20 Mn | 40.18% |
| 4 | J M Smucker | 13.17 Bn | 13.13 Bn | 979.60 Mn | 44.14% |
| 5 | Hormel Foods | 11.54 Bn | 10.67 Bn | 471.52 Mn | 15.92% |
| 6 | Chewy | 8.46 Bn | 7.94 Bn | 1.01 Bn | 30.13% |
| 7 | Conagra Brands | 7.25 Bn | 7.03 Bn | 704.10 Mn | 24.43% |
| 8 | Lamb Weston Holdings | 6.67 Bn | 6.60 Bn | 361.40 Mn | 20.42% |
| 9 | Campbell'S | 6.51 Bn | 6.10 Bn | 650.00 Mn | 27.47% |
| 10 | Post Holdings | 3.66 Bn | 3.39 Bn | 566.30 Mn | 29.07% |
Historic Data
Download Data
Historic 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% |