MCCORMICK & CO INC Annual Operating Margin in % from 2016 to 2023

Taxonomy & unit
ratio: %
Description
The operating margin measures the profit a company makes on a dollar of sales after accounting for the direct costs involved in earning those revenues.
Summary
Mccormick & Co Inc quarterly/annual Operating Margin history and growth rate from 2016 to 2023.
  • Mccormick & Co Inc Operating Margin for the quarter ending May 31, 2024 was 15.1 %, a 7.01% increase year-over-year.
  • Mccormick & Co Inc annual Operating Margin for 2023 was 14.5 %, a 6.32% increase from 2022.
  • Mccormick & Co Inc annual Operating Margin for 2022 was 13.6 %, a 15.4% decline from 2021.
  • Mccormick & Co Inc annual Operating Margin for 2021 was 16.1 %, a 9.98% decline from 2020.
Operating Margin, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 14.5 +0.86 +6.32% Dec 1, 2022 Nov 30, 2023
2022 13.6 -2.47 -15.4% Dec 1, 2021 Nov 30, 2022
2021 16.1 -1.78 -9.98% Dec 1, 2020 Nov 30, 2021
2020 17.8 -0.07 -0.39% Dec 1, 2019 Nov 30, 2020
2019 17.9 +1.11 +6.61% Dec 1, 2018 Nov 30, 2019
2018 16.8 +2.01 +13.6% Dec 1, 2017 Nov 30, 2018
2017 14.8 +0.26 +1.79% Dec 1, 2016 Nov 30, 2017
2016 14.5 Dec 1, 2015 Nov 30, 2016
* An asterisk sign (*) next to the value indicates that the value is likely invalid.