MCCORMICK & CO INC (MKC) closed fiscal year 2025 with a gross margin of 37.9 % and a net margin of 11.5 %.
MCCORMICK & CO INC (MKC) closed fiscal year 2025 with a gross margin of 37.9 % and a net margin of 11.5 %. The same year shows an EBITDA margin of 19.0 % and an EBIT margin of 15.7 %. The free cash flow margin was 10.8 %. Against the previous year the gross margin moved −0.6 pp and the net margin −0.2 pp. Across the period the gross margin ranges between 35.8 % in 2022 and 42.5 % in 2010. The series covers 18 fiscal years, from 2008 to 2025. Margins are expressed as a percentage of net revenue and are derived from the same figures as the income statement, taken from as-reported SEC EDGAR filings, with no restatements or adjustments of our own.
Fiscal year end: November
| 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin (%) | 40.55 % | 41.58 % | 42.49 % | 41.18 % | 40.30 % | 40.40 % | 40.78 % | 40.44 % | 41.52 % | 37.93 % | 39.48 % | 40.12 % | 41.07 % | 39.48 % | 35.82 % | 37.56 % | 38.54 % | 37.90 % |
| EBITDA margin (%) | 14.55 % | 17.58 % | 18.13 % | 17.27 % | 16.97 % | 15.92 % | 16.63 % | 15.23 % | 16.99 % | 17.44 % | 19.65 % | 20.88 % | 20.79 % | 19.02 % | 16.76 % | 17.45 % | 18.88 % | 19.04 % |
| EBIT margin (%) | 11.85 % | 14.63 % | 15.28 % | 14.61 % | 14.41 % | 13.35 % | 14.21 % | 12.76 % | 14.53 % | 14.79 % | 16.80 % | 17.91 % | 17.84 % | 16.07 % | 13.60 % | 14.45 % | 15.77 % | 15.65 % |
| Net margin (%) | 8.05 % | 9.39 % | 11.09 % | 10.12 % | 10.16 % | 9.43 % | 10.32 % | 9.35 % | 10.71 % | 10.09 % | 17.60 % | 13.14 % | 13.34 % | 11.95 % | 10.74 % | 10.22 % | 11.73 % | 11.54 % |
| FCF margin (%) | 7.20 % | 10.44 % | 8.95 % | 6.58 % | 8.59 % | 8.86 % | 8.74 % | 10.74 % | 11.43 % | 13.38 % | 12.30 % | 14.46 % | 14.57 % | 8.71 % | 6.13 % | 14.61 % | 9.62 % | 10.82 % |
