• McCormick average operating margin for 2024 was 15.39%, a 9.85% increase from 2023.
• McCormick average operating margin for 2023 was 14.01%, a 1.82% increase from 2022.
• McCormick average operating margin for 2022 was 14.27%, a 15.06% decline from 2021.

Operating margin can be defined as operating margin measurement of what proportion of a company's revenue is left over after paying for variable costs of production such as wages, raw materials, etc.