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How McCormick (MKC) makes money
McCormick (MKC) made $2.0B of revenue in the third quarter fiscal 2026 (Q3 FY26), +17% from a year earlier. Of every dollar of revenue, 39¢ was left as gross profit, 11¢ was left as operating profit, 5¢ was left as net earnings.
Drawing the Sankey…
Where each dollar of revenue goes
| Line | Q3 FY26 | % of revenue |
|---|---|---|
| Revenue | $2.0B | 100.0% |
| Cost of revenue | $1.2B | 60.7% |
| Gross profit | $795M | 39.3% |
| Operating expenses | $578M | 28.5% |
| Operating profit | $217M | 10.7% |
| Income tax | $49.9M | 2.5% |
| Net earnings | $97.6M | 4.8% |
| Operating cash flow | $168M | 8.3% |
| Free cash flow | $112M | 5.5% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 FY26 | $2.0B | +17% |
| Q2 FY26 | $1.9B | +17% |
| Q1 FY26 | $1.9B | +17% |
| Q4 FY25 | $1.9B | +3% |
| Q3 FY25 | $1.7B | +3% |
| Q2 FY25 | $1.7B | +1% |
| Q4 FY24 | $1.8B | +3% |
From McCormick's 10-Q filed Oct 1, 2026 (on EDGAR).
Questions
How does McCormick make money?
McCormick (MKC) made $2.0B of revenue in the third quarter fiscal 2026 (Q3 FY26), +17% from a year earlier. Of every dollar of revenue, 39¢ was left as gross profit, 11¢ was left as operating profit, 5¢ was left as net earnings.
What is McCormick's profit margin?
Net earnings were $97.6M, 4.8% of revenue, in the third quarter fiscal 2026; the operating margin was 10.7%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.