What are McCormick & Company, Incorporated's profit margins?

McCormick & Company, Incorporated (MKC) runs a 37.9% gross margin and a 15.1% operating margin, with a 23.1% net margin.

Where do McCormick & Company, Incorporated's ratios come from?

Every ratio is computed from McCormick & Company, Incorporated's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.

McCormick & Company, Incorporated MKC Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	TTM Q1 '26	TTM Q4 '25	TTM Q3 '25	TTM Q2 '25	TTM Q1 '25
Profitability
Gross margin	37.9%-0.6pp	37.9%-0.6pp	38.2%-0.3pp	38.5%+0.5pp	38.6%+0.7pp
Operating margin	15.1%-0.5pp	15.7%-0.1pp	15.7%0.0pp	15.8%+0.7pp	15.6%+0.8pp
Net margin	23.1%+11.4pp	11.5%-0.2pp	11.5%-0.4pp	11.5%+0.4pp	11.7%+1.1pp
EBITDA margin	18.5%-0.4pp	19%+0.2pp	19%+0.2pp	19%+0.8pp	18.9%+1.0pp
Free cash flow margin	9.6%0.0pp	10.9%+1.2pp	9.7%-1.9pp	8.2%-4.8pp	9.6%-5.4pp
Returns
Return on equity	26.5%+11.8pp	14.3%-0.9pp	13.9%-1.2pp	14.2%-0.2pp	14.7%+0.7pp
Return on assets	11.2%+5.2pp	6%-0.1pp	5.9%-0.2pp	5.9%+0.2pp	6.1%+0.7pp
Return on invested capital	8.1%-1.5pp	8.9%-0.3pp	8.8%-0.4pp	9.2%+0.4pp	9.6%+1.1pp
Efficiency
Asset turnover	0.5×0.0×	0.5×0.0×	0.5×0.0×	0.5×0.0×	0.5×0.0×
Inventory turnover	3.4×-0.1×	3.4×-0.1×	3.3×-0.1×	3.4×0.0×	3.5×+0.1×
Liquidity
Current ratio	0.8×+0.1×	0.7×0.0×	0.7×0.0×	0.7×0.0×	0.6×0.0×
Quick ratio	0.4×+0.1×	0.3×0.0×	0.3×0.0×	0.3×0.0×	0.2×-0.1×
Cash ratio	0.1×0.0×	0×0.0×	0×0.0×	0×0.0×	0×0.0×
Leverage
Debt-to-equity	0.7×0.0×	0.7×-0.2×	0.6×-0.2×	0.7×0.0×	0.7×0.0×
Debt-to-assets	0.3×0.0×	0.3×0.0×	0.3×-0.1×	0.3×0.0×	0.3×0.0×
Net debt / EBITDA	3.6×+0.9×	2.9×-0.5×	2.7×-0.7×	2.8×-0.1×	2.7×-0.2×
Interest coverage	5.5×+0.4×	5.5×+0.4×	5.3×+0.2×	5.2×+0.3×	5.1×+0.3×
Per Share
Book value per share	$25.91+28.8%	$21.29+8.5%	$21.36+6.3%	$20.79+5.3%	$20.12+3.7%
Valuation
Market capitalization	$19.07B-13.9%	$18.11B-14.0%	$18.89B-12.1%	$19.26B-0.7%	$22.15B+19.9%
Enterprise value	$23.81B-7.0%	$21.82B-13.7%	$22.39B-13.3%	$22.83B-0.3%	$25.6B+16.6%
Price / earnings	11.6×-16.6×	22.9×-3.8×	24.3×-2.8×	24.8×-1.4×	28.2×+2.1×
Price / sales	2.7×-0.6×	2.6×-0.5×	2.8×-0.4×	2.9×0.0×	3.3×+0.5×
Price / book	2.7×-1.4×	3.2×-0.8×	3.3×-0.7×	3.4×-0.2×	4.1×+0.6×
EV / EBITDA	18.1×-2.1×	16.8×-3.2×	17.4×-3.2×	17.8×-1.0×	20.2×+1.8×
EV / sales	3.3×-0.5×	3.2×-0.6×	3.3×-0.6×	3.4×0.0×	3.8×+0.5×
Free cash flow yield	3.6%+0.7pp	4.1%+1.0pp	3.5%-0.1pp	2.9%-1.6pp	2.9%-2.5pp
Earnings yield	8.6%+5.1pp	4.4%+0.6pp	4.1%+0.4pp	4%+0.2pp	3.5%-0.3pp
Dividend yield	2.6%+0.5pp	2.7%+0.5pp	2.5%+0.5pp	2.4%+0.2pp	2.1%-0.2pp

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Questions, answered.

What are McCormick & Company, Incorporated's profit margins?: McCormick & Company, Incorporated (MKC) runs a 37.9% gross margin and a 15.1% operating margin, with a 23.1% net margin.
Where do McCormick & Company, Incorporated's ratios come from?: Every ratio is computed from McCormick & Company, Incorporated's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.