McCormick Gross Margin 2010-2024 | MKC

McCormick gross margin for the quarter ending May 31, 2024 was 38.05%.

  • 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.
  • McCormick average gross margin for 2021 was 40.26%, a 1.44% decline from 2020.

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.

McCormick Gross Margin 2010-2024 | MKC

  • 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.
  • McCormick average gross margin for 2021 was 40.26%, a 1.44% decline from 2020.

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.
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