Mccormick & annual operating margin
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2025
Mccormick & Operating Margin Growth & History (MKC)
Mccormick &'s operating margin was 15.65% for fiscal 2025.
View full Mccormick & company overviewMccormick & annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-11-30 | 15.65% | −0.12 pp |
| 2024 | 2024-11-30 | 15.77% | +1.31 pp |
| 2023 | 2023-11-30 | 14.45% | +0.86 pp |
| 2022 | 2022-11-30 | 13.60% | −2.47 pp |
| 2021 | 2021-11-30 | 16.07% | −1.78 pp |
| 2020 | 2020-11-30 | 17.84% | −0.07 pp |
| 2019 | 2019-11-30 | 17.91% | +1.11 pp |
| 2018 | 2018-11-30 | 16.80% | +2.01 pp |
| 2017 | 2017-11-30 | 14.79% | +0.26 pp |
| 2016 | 2016-11-30 | 14.53% | +1.77 pp |
| 2015 | 2015-11-30 | 12.76% | −1.45 pp |
| 2014 | 2014-11-30 | 14.21% | +0.86 pp |
| 2013 | 2013-11-30 | 13.35% | −1.06 pp |
| 2012 | 2012-11-30 | 14.41% | −0.21 pp |
| 2011 | 2011-11-30 | 14.61% | −0.67 pp |
| 2010 | 2010-11-30 | 15.28% | +0.65 pp |
| 2009 | 2009-11-30 | 14.63% | +2.77 pp |
| 2008 | 2008-11-30 | 11.85% | — |
Mccormick & quarterly operating margin
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| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-05-31 | 14.27% | −0.54 pp |
| Q1 2026 | 2026-02-28 | 12.14% | −1.89 pp |
| Q4 2025 | 2025-11-30 | 16.81% | −0.22 pp |
| Q3 2025 | 2025-08-31 | 16.74% | −0.32 pp |
| Q2 2025 | 2025-05-31 | 14.81% | +0.57 pp |
| Q1 2025 | 2025-02-28 | 14.03% | −0.54 pp |
| Q4 2024 | 2024-11-30 | 17.03% | +0.07 pp |
| Q3 2024 | 2024-08-31 | 17.06% | +2.51 pp |
| Q2 2024 | 2024-05-31 | 14.25% | +0.88 pp |
| Q1 2024 | 2024-02-29 | 14.57% | +1.86 pp |
| Q4 2023 | 2023-11-30 | 16.96% | +1.37 pp |
| Q3 2023 | 2023-08-31 | 14.54% | −0.20 pp |
| Q2 2023 | 2023-05-31 | 13.37% | +3.14 pp |
| Q1 2023 | 2023-02-28 | 12.71% | −0.88 pp |
| Q4 2022 | 2022-11-30 | 15.59% | −0.38 pp |
| Q3 2022 | 2022-08-31 | 14.74% | −2.38 pp |
| Q2 2022 | 2022-05-31 | 10.23% | −5.02 pp |
| Q1 2022 | 2022-02-28 | 13.59% | −2.36 pp |
| Q4 2021 | 2021-11-30 | 15.96% | −1.68 pp |
| Q3 2021 | 2021-08-31 | 17.12% | −1.97 pp |
| Q2 2021 | 2021-05-31 | 15.25% | −3.12 pp |
| Q1 2021 | 2021-02-28 | 15.95% | −0.07 pp |
| Q4 2020 | 2020-11-30 | 17.65% | −2.51 pp |
| Q3 2020 | 2020-08-31 | 19.09% | +0.02 pp |
| Q2 2020 | 2020-05-31 | 18.37% | +2.39 pp |
| Q1 2020 | 2020-02-29 | 16.02% | +0.03 pp |
| Q4 2019 | 2019-11-30 | 20.15% | +0.29 pp |
| Q3 2019 | 2019-08-31 | 19.07% | +1.63 pp |
| Q2 2019 | 2019-05-31 | 15.98% | +1.49 pp |
| Q1 2019 | 2019-02-28 | 15.99% | +1.09 pp |
| Q4 2018 | 2018-11-30 | 19.86% | +0.80 pp |
| Q3 2018 | 2018-08-31 | 17.44% | +3.21 pp |
| Q2 2018 | 2018-05-31 | 14.49% | +2.59 pp |
| Q1 2018 | 2018-02-28 | 14.90% | +2.04 pp |
| Q4 2017 | 2017-11-30 | 19.05% | +1.20 pp |
| Q3 2017 | 2017-08-31 | 14.23% | −1.15 pp |
| Q2 2017 | 2017-05-31 | 11.90% | +0.14 pp |
| Q1 2017 | 2017-02-28 | 12.86% | +0.33 pp |
| Q4 2016 | 2016-11-30 | 17.86% | +0.20 pp |
| Q3 2016 | 2016-08-31 | 15.38% | +2.29 pp |
| Q2 2016 | 2016-05-31 | 11.76% | +1.62 pp |
| Q1 2016 | 2016-02-29 | 12.53% | +3.26 pp |
| Q4 2015 | 2015-11-30 | 17.66% | +0.66 pp |
| Q3 2015 | 2015-08-31 | 13.09% | −2.00 pp |
| Q2 2015 | 2015-05-31 | 10.14% | −1.64 pp |
| Q1 2015 | 2015-02-28 | 9.27% | −3.27 pp |
| Q4 2014 | 2014-11-30 | 16.99% | +2.11 pp |
| Q3 2014 | 2014-08-31 | 15.08% | +0.48 pp |
| Q2 2014 | 2014-05-31 | 11.78% | +0.21 pp |
| Q1 2014 | 2014-02-28 | 12.54% | +0.56 pp |
| Q4 2013 | 2013-11-30 | 14.88% | −2.60 pp |
| Q3 2013 | 2013-08-31 | 14.60% | −0.15 pp |
| Q2 2013 | 2013-05-31 | 11.57% | −0.76 pp |
| Q1 2013 | 2013-02-28 | 11.99% | −0.42 pp |
| Q4 2012 | 2012-11-30 | 17.48% | +0.19 pp |
| Q3 2012 | 2012-08-31 | 14.75% | +0.80 pp |
| Q2 2012 | 2012-05-31 | 12.33% | −0.04 pp |
| Q1 2012 | 2012-02-29 | 12.41% | −1.72 pp |
| Q4 2011 | 2011-11-30 | 17.29% | −1.65 pp |
| Q3 2011 | 2011-08-31 | 13.95% | −1.91 pp |
| Q2 2011 | 2011-05-31 | 12.37% | +0.15 pp |
| Q1 2011 | 2011-02-28 | 14.13% | +0.94 pp |
| Q4 2010 | 2010-11-30 | 18.94% | +4.21 pp |
| Q3 2010 | 2010-08-31 | 15.86% | — |
| Q2 2010 | 2010-05-31 | 12.21% | — |
| Q1 2010 | 2010-02-28 | 13.19% | — |
| Q3 2009 | 2009-08-31 | 14.73% | — |
Mccormick & operating margin trends
Over the last five reported fiscal years, Mccormick &'s operating margin decreased from 17.84% to 15.65%, a change of −2.19 percentage points. The latest reported quarter, Q2 2026, shows 14.27%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Mccormick & filings at SEC.gov ↗