• McCormick average net profit margin for 2023 was 10.29%, a 6.79% increase from 2022.
• McCormick average net profit margin for 2022 was 11.04%, a 11.4% decline from 2021.
• McCormick average net profit margin for 2021 was 12.46%, a 7.64% decline from 2020.

Net profit margin can be defined as net Income as a portion of total sales revenue.