Mccormick (MKC) Gross Margin (2009 - 2026)
Mccormick's (MKC) quarterly Gross Margin came in at 40.18% in Q2 2026, up 265.0% YoY from 11.01% in Q2 2025, and up 6.22% on a QoQ basis from 37.83% in Q1 2026.
Mccormick (MKC) Gross Margin (2009 - 2026) Analysis & Trends
Mccormick (MKC) has 18 years of Gross Margin data on file, last reported at 40.18% in 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 climbed to 40.18% in Q2 2026, from 37.83% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 40.18% in Q2 2026 to a low of 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 slumped 545 bps — and 2023, when it soared 319 bps.
- Tracing MKC's Gross Margin over 5 years: 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 climbed by 3 bps to 40.18% in 2026.
- The last three Gross Margin figures came in at 40.18% (Q2 2026), 37.83% (Q1 2026), and 38.93% (Q4 2025), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 30.23 Bn | 27.54 Bn | 2.03 Bn | 32.39% |
| 2 | General Mills | 21.36 Bn | 20.90 Bn | 1.60 Bn | 34.79% |
| 3 | Mccormick | 14.89 Bn | 14.56 Bn | 778.20 Mn | 40.18% |
| 4 | Jbs | 14.54 Bn | 11.07 Bn | 4.91 Bn | 10.79% |
| 5 | Hormel Foods | 13.26 Bn | 12.40 Bn | 518.51 Mn | 17.44% |
| 6 | J M Smucker | 13.17 Bn | 13.11 Bn | 862.10 Mn | 38.01% |
| 7 | Magnum Ice Cream | 12.10 Bn | 11.38 Bn | - | - |
| 8 | Darling Ingredients | 10.78 Bn | 10.62 Bn | 503.37 Mn | 29.20% |
| 9 | Smithfield Foods | 8.77 Bn | 7.42 Bn | 478.00 Mn | 12.92% |
| 10 | Conagra Brands | 7.80 Bn | 7.58 Bn | 704.10 Mn | 24.43% |
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% |