McCormick & Company
MKC
#945
Rank
S$28.03 B
Marketcap
$104.48
Share price
0.93%
Change (1 day)
19.02%
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 November 2024 (TTM): 13.35%

According to McCormick & Company 's latest financial reports and stock price the company's current Operating Margin is 13.35%. At the end of 2023 the company had an Operating Margin of 11.99%.

Operating Margin history for McCormick & Company from 2001 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202311.99%-6.33%
202212.80%-9.73%
202114.18%-9.9%
202015.74%2.73%
201915.32%9.59%
201813.98%11.17%
201712.57%-5.85%
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%8.65%
200210.95%21.32%
20019.02%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
-0.35%-102.62%๐Ÿ‡บ๐Ÿ‡ธ USA
5.61%-57.98%๐Ÿ‡บ๐Ÿ‡ธ USA
-7.21%-154.01%๐Ÿ‡บ๐Ÿ‡ธ USA
12.48%-6.52%๐Ÿ‡บ๐Ÿ‡ธ USA
0.06%-99.55%๐Ÿ‡บ๐Ÿ‡ธ USA
-1.28%-109.59%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.