Mccormick (MKC-V) Interest Expenses (2009 - 2026)
Mccormick (MKC-V) reported Interest Expenses of $47.3 million for Q1 2026, down 2.47% on a YoY basis from $48.5 million in Q1 2025, and up 1.72% quarter-over-quarter from $46.5 million in Q4 2025.
Mccormick (MKC-V) Interest Expenses (2009 - 2026) Analysis & Trends
Mccormick has reported Interest Expenses for 18 years, with the latest figure at $47.3 million in Q1 2026.
- For the quarter ending Q1 2026, Interest Expenses fell 2.47% year-over-year to $47.3 million; the trailing twelve-month figure through Feb 2026 stood at $195.0 million (down 6.07% YoY), and the FY2025 full-year result was $196.2 million, down 6.3% from the prior year.
- Interest Expenses for Q1 2026 stood at $47.3 million, up from $46.5 million in the prior quarter.
- The five-year high for Interest Expenses was $53.5 million in Q3 2024, with the low at $33.1 million in Q1 2022.
- Historically, Interest Expenses has averaged $47.7 million across 5 years, with a median of $50.3 million in 2024.
- Annual changes were most pronounced in 2023 — Interest Expenses soared 54.9% — and 2025, when it slipped 11.76%.
- Mccormick's Interest Expenses stood at $44.4 million in 2022, then climbed by 18.69% to $52.7 million in 2023, then changed by 0.0% to $52.7 million in 2024, then dropped by 11.76% to $46.5 million in 2025, then rose by 1.72% to $47.3 million in 2026.
- The last three Interest Expenses figures came in at $47.3 million (Q1 2026), $46.5 million (Q4 2025), and $50.2 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Paranovus Entertainment Technology | 75,216.52 Bn | 75,216.52 Bn | - | - |
| 2 | Kraft Heinz | 26.76 Bn | 22.68 Bn | 2.22 Bn | 236.00 Mn |
| 3 | General Mills | 17.79 Bn | 17.02 Bn | 1.37 Bn | 128.40 Mn |
| 4 | Jbs | 13.93 Bn | 9.37 Bn | 2.32 Bn | -486.39 Mn |
| 5 | Hormel Foods | 13.00 Bn | 12.16 Bn | 518.51 Mn | 19.82 Mn |
| 6 | Mccormick | 12.70 Bn | 13.10 Bn | 708.90 Mn | 47.30 Mn |
| 7 | Magnum Ice Cream | 12.17 Bn | 11.70 Bn | - | -161.80 Mn |
| 8 | J M Smucker | 11.05 Bn | 10.99 Bn | 827.80 Mn | - |
| 9 | Smithfield Foods | 10.57 Bn | 9.49 Bn | 511.00 Mn | 8.00 Mn |
| 10 | Mccormick | - | - | 708.90 Mn | 47.30 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Feb 28, 2026 | 47.30 Mn |
| Feb 28, 2026 | 47.30 Mn |
| Nov 30, 2025 | 46.50 Mn |
| Nov 30, 2025 | 46.50 Mn |
| Aug 31, 2025 | 50.20 Mn |
| Aug 31, 2025 | 50.20 Mn |
| May 31, 2025 | 51.00 Mn |
| May 31, 2025 | 51.00 Mn |
| Feb 28, 2025 | 48.50 Mn |
| Feb 28, 2025 | 48.50 Mn |
| Nov 30, 2024 | 52.70 Mn |
| Nov 30, 2024 | 52.70 Mn |
| Aug 31, 2024 | 53.50 Mn |
| Aug 31, 2024 | 53.50 Mn |
| May 31, 2024 | 52.90 Mn |
| May 31, 2024 | 52.90 Mn |
| Feb 29, 2024 | 50.30 Mn |
| Feb 29, 2024 | 50.30 Mn |
| Nov 30, 2023 | 52.70 Mn |
| Nov 30, 2023 | 52.70 Mn |