McCormick Gross Margin 2010-2025 | MKC
- McCormick average gross margin for 2024 was 38.24%, a 4.57% increase from 2023.
- McCormick average gross margin for 2023 was 36.57%, a 2.01% increase from 2022.
- McCormick average gross margin for 2022 was 37.32%, a 7.3% decline from 2021.
Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.