McCormick & Company Inc
NYSE:MKC
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Gross Margin
McCormick & Company Inc
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Gross Margin Across Competitors
Country | US |
Market Cap | 20.8B USD |
Gross Margin |
38%
|
Country | JP |
Market Cap | 53.2T JPY |
Gross Margin |
34%
|
Country | CH |
Market Cap | 195.4B CHF |
Gross Margin |
47%
|
Country | US |
Market Cap | 86.1B USD |
Gross Margin |
39%
|
Country | FR |
Market Cap | 42.1B EUR |
Gross Margin |
48%
|
Country | ZA |
Market Cap | 39B Zac |
Gross Margin |
28%
|
Country | US |
Market Cap | 38.5B USD |
Gross Margin |
35%
|
Country | ZA |
Market Cap | 36.4B Zac |
Gross Margin |
42%
|
Country | US |
Market Cap | 36.1B USD |
Gross Margin |
35%
|
Country | US |
Market Cap | 35.4B USD |
Gross Margin |
44%
|
Country | CN |
Market Cap | 241.4B CNY |
Gross Margin |
35%
|
McCormick & Company Inc
Glance View
McCormick & Company Inc., a global leader in the flavor industry, has been tantalizing taste buds since its founding in 1889. Known for its extensive portfolio of spices, seasonings, and flavor solutions, McCormick has established itself as a household name in kitchens around the world. With a relentless focus on product innovation and quality, the company offers a diverse range of branded and private-label products, serving both consumers and food service businesses. McCormick operates in two primary segments: Consumer and Flavor Solutions, allowing them to tap into a wide variety of markets, from individual home cooks to large-scale industrial partners, reinforcing its integral role in global cuisines. For investors, McCormick stands out not only for its strong market position but also for its consistent financial performance and commitment to sustainable practices. The company has a history of steady revenue growth, driven by both strategic acquisitions and robust organic growth, making it a reliable choice for long-term investment. Key to its success is McCormick's dedication to innovation, with significant investments in research and development aimed at meeting evolving consumer preferences for health-conscious and flavorful food options. Coupled with a strong global distribution network and a focus on sustainability, McCormick & Company not only satisfies a fundamental human need—flavor—but also positions itself as a resilient player in the ever-changing landscape of the food industry.
See Also
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Based on McCormick & Company Inc's most recent financial statements, the company has Gross Margin of 38.5%.