McCormick & Company Inc
NYSE:MKC
Operating Margin
McCormick & Company Inc
Operating Margin represents how efficiently a company is able to generate profit through its core operations.
Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.
Operating Margin Across Competitors
| Country | Company | Market Cap |
Operating Margin |
||
|---|---|---|---|---|---|
| US |
|
McCormick & Company Inc
NYSE:MKC
|
19.9B USD |
16%
|
|
| JP |
G
|
Goyo Foods Industry Co Ltd
TSE:2230
|
53.2T JPY |
8%
|
|
| CH |
|
Nestle SA
SIX:NESN
|
226.3B CHF |
17%
|
|
| US |
|
Mondelez International Inc
NASDAQ:MDLZ
|
85.3B USD |
13%
|
|
| FR |
|
Danone SA
PAR:BN
|
48.5B EUR |
13%
|
|
| ZA |
T
|
Tiger Brands Ltd
JSE:TBS
|
48.5B Zac |
8%
|
|
| CH |
|
Chocoladefabriken Lindt & Spruengli AG
SIX:LISN
|
28.5B CHF |
17%
|
|
| US |
|
Kraft Heinz Co
NASDAQ:KHC
|
33.2B USD |
21%
|
|
| CN |
|
Foshan Haitian Flavouring and Food Co Ltd
SSE:603288
|
238.3B CNY |
26%
|
|
| US |
|
Hershey Co
NYSE:HSY
|
31.6B USD |
22%
|
|
| ZA |
A
|
Avi Ltd
JSE:AVI
|
30.4B Zac |
22%
|
McCormick & Company Inc
Glance View
McCormick & Company Inc., founded in 1889 by Willoughby M. McCormick, has steadily grown into a global leader in the spice, seasonings, and flavorings industry. What started as a small spice business peddling its wares from a horse-drawn wagon in Baltimore has transformed into a vast enterprise that flavors the kitchens of millions around the world. McCormick's success lies in its strategic acquisitions and relentless focus on quality, which have helped them build an extensive portfolio, including iconic brands like McCormick, Lawry's, and Old Bay. By continuously innovating and responding to consumer trends, such as the growing demand for organic and natural products, the company ensures its relevance and leadership. Central to McCormick's operation is its robust supply chain, sourcing high-quality raw materials from farmers across the globe. This intricate supply network allows McCormick to maintain stringent quality control while producing a wide array of spice blends, herbs, and flavor solutions catering to both retail consumers and industrial clients. The retail segment includes household staples sold through supermarkets and online platforms, while the industrial side services restaurants and packaged food manufacturers with customized flavor solutions. Their business model thrives on creating value through brand strength and innovation, allowing McCormick & Company to maintain its position as a dominant force in the culinary world.
See Also
Operating Margin represents how efficiently a company is able to generate profit through its core operations.
Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.
Based on McCormick & Company Inc's most recent financial statements, the company has Operating Margin of 15.7%.
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