Mccormick (MKC) Operating Margin (2009 - 2026)
Mccormick's (MKC) quarterly Operating Margin came in at 14.27% in Q2 2026, down 54.0% on a YoY basis from 31.03% in Q2 2025, and up 17.56% quarter-over-quarter from 12.14% in Q1 2026.
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Mccormick (MKC) Operating Margin (2009 - 2026) Analysis & Trends
Mccormick (MKC) has reported Operating Margin for 18 consecutive years, with 14.27% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Margin fell 54.0% year-over-year to 14.27%; the trailing twelve-month figure through May 2026 stood at 14.94% (down 83.0% YoY), and the FY2025 full-year result was 15.65%, down 12.0% from the prior year.
- Operating Margin advanced to 14.27% in Q2 2026 per MKC's latest filing, from 12.14% in the prior quarter.
- Across five years, Operating Margin topped out at 17.06% in Q3 2024 and bottomed at 10.23% in Q2 2022.
- Historically, Operating Margin has averaged 14.63% across 5 years, with a median of 14.56% in 2024.
- The sharpest annual moves came in 2022 and 2023: Operating Margin tumbled 502 bps in 2022, then soared 314 bps in 2023.
- Over 5 years, Operating Margin stood at 15.59% in 2022, then climbed by 9 bps to 16.96% in 2023, then climbed by 0 bps to 17.03% in 2024, then fell by 1 bps to 16.81% in 2025, then decreased by 15 bps to 14.27% in 2026.
- According to Business Quant data, Operating Margin over the past three periods registered 14.27%, 12.14%, and 16.81% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 29.47 Bn | 26.90 Bn | 2.03 Bn | -102.70% |
| 2 | General Mills | 20.43 Bn | 19.99 Bn | 1.60 Bn | -45.40% |
| 3 | Mccormick | 14.02 Bn | 14.26 Bn | 778.20 Mn | 14.27% |
| 4 | J M Smucker | 13.47 Bn | 13.43 Bn | 979.60 Mn | 23.05% |
| 5 | Hormel Foods | 11.85 Bn | 11.00 Bn | 471.52 Mn | 3.75% |
| 6 | Chewy | 9.70 Bn | 9.18 Bn | 1.01 Bn | 3.83% |
| 7 | Conagra Brands | 7.41 Bn | 7.19 Bn | 704.10 Mn | -57.54% |
| 8 | Lamb Weston Holdings | 6.86 Bn | 6.79 Bn | 361.40 Mn | 9.54% |
| 9 | Campbell'S | 6.38 Bn | 5.98 Bn | 650.00 Mn | 10.10% |
| 10 | Post Holdings | 3.72 Bn | 3.47 Bn | 566.30 Mn | 9.72% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 14.27% |
| 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% |