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Operating margin at other companies

International Flavors & Fragrances logo
International Flavors & FragrancesIFF
-3.2%-1.4pp
The Kraft Heinz Company logo
The Kraft Heinz CompanyKHC
-22.9%-34.4pp
Hormel Foods logo
Hormel FoodsHRL
5.8%-2.7pp
PepsiCo logo
PepsiCoPEP
12.7%-1.2pp
General Mills logo
General MillsGIS
19%+0.7pp
Tyson Foods logo
Tyson FoodsTSN
2.1%-0.8pp

Other financials

Income statement

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Revenue$1.9B+16.7%
Gross profit$708.9M+17.4%
Operating income$227.5M+1.0%
Net income$1.0B+526%
EPS (diluted)$3.77+528%

Balance sheet

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Cash & equivalents$177.7M+72.9%
Total debt$4.9B+38.3%
Total equity$7.0B+28.7%
Total assets$16.3B+26.7%

Cash flow

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Operating cash flow$50.9M-55.9%
CapEx$32.5M-12.4%
Free cash flow$18.4M-76.5%

Valuation

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Market cap$12.54B-13.9%
Enterprise value$17.28B-7.0%
P/E7.6×-10.9×
P/S1.8×-0.4×

Profitability

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Gross margin37.9%-0.6pp
Net margin23.1%+11.4pp
FCF margin9.6%0.0pp

Returns & leverage

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Return on equity26.5%+11.8pp
Debt / equity0.7×0.0×
Current ratio0.8×+0.1×

Where this comes from

Calculated from McCormick & Company, Incorporated’s reported figures.

Based on trailing twelve months.

The official record: McCormick & Company, Incorporated’s 10-Q, filed March 31, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is McCormick & Company, Incorporated's operating margin?
McCormick & Company, Incorporated (MKC) reported operating margin of 15.1% in Q4 2025.
How has McCormick & Company, Incorporated's operating margin changed year-over-year?
McCormick & Company, Incorporated's operating margin decreased by 3.5% year-over-year, from 15.6% to 15.1%.
What is the long-term trend for McCormick & Company, Incorporated's operating margin?
Over 5 years (2020 to 2025), McCormick & Company, Incorporated's operating margin has grown at a -2.6% compound annual growth rate (CAGR), from 17.8% to 15.7%.
What does operating margin mean?
The profit left from core operations for every dollar of sales, before interest and taxes.
How do you interpret operating margin?
Expanding operating margin shows operating leverage — revenue growing faster than the cost base. Compression points to rising overhead, pricing pressure, or investment ahead of revenue.
How does operating margin compare across companies?
Strong cross-company signal within a sector. Capital-light businesses sustain higher operating margins than capital-intensive ones.