McCormick & Company
MKC
#904
Rank
$20.64 B
Marketcap
$77.03
Share price
1.32%
Change (1 day)
4.01%
Change (1 year)
Categories
McCormick & Company is an American food company that manufactures, markets, and distributes condiments, spices, seasoning mixes, and other flavoring products.

Operating Margin for McCormick & Company (MKC)

Operating Margin as of March 2024 (TTM): 12.96%

According to McCormick & Company 's latest financial reports and stock price the company's current Operating Margin is 12.96%. At the end of 2022 the company had an Operating Margin of 12.80%.

Operating Margin history for McCormick & Company from 2001 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202212.80%-9.73%
202114.18%-9.9%
202015.74%2.73%
201915.32%9.59%
201813.98%13.61%
201712.30%-7.87%
201613.36%15.64%
201511.55%-11.6%
201413.07%7.88%
201312.11%-7.59%
201213.11%-1.38%
201113.29%-4.16%
201013.87%6.27%
200913.05%22.7%
200810.63%2.55%
200710.37%26.31%
20068.21%-28.04%
200511.41%-1.91%
200411.63%-2.24%
200311.90%17.55%
200210.12%26.15%
20018.02%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
12.39%-4.40%๐Ÿ‡บ๐Ÿ‡ธ USA
8.95%-30.94%๐Ÿ‡บ๐Ÿ‡ธ USA
7.78%-39.97%๐Ÿ‡บ๐Ÿ‡ธ USA
5.47%-57.79%๐Ÿ‡บ๐Ÿ‡ธ USA
2.68%-79.32%๐Ÿ‡บ๐Ÿ‡ธ USA
5.17%-60.11%๐Ÿ‡บ๐Ÿ‡ธ USA

What is a company's Operating Margin

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.