Mccormick (MKC-V) Non-Current Deferred Tax Liability (2010 - 2026)
Mccormick (MKC-V) reported Non-Current Deferred Tax Liability of $1.3 billion for Q1 2026, up 59.51% on a YoY basis from $830.0 million in Q1 2025, and up 58.4% quarter-over-quarter from $835.8 million in Q4 2025.
Mccormick (MKC-V) Non-Current Deferred Tax Liability (2010 - 2026) Analysis & Trends
Mccormick has reported Non-Current Deferred Tax Liability for 13 years, with the latest figure at $1.3 billion in Q1 2026.
- For the quarter ending Q1 2026, Non-Current Deferred Tax Liability rose 59.51% year-over-year to $1.3 billion; the trailing twelve-month figure through Feb 2026 stood at $1.3 billion (up 59.51% YoY), and the FY2025 full-year result was $835.8 million, down 14.9% from the prior year.
- Non-Current Deferred Tax Liability for Q1 2026 stood at $1.3 billion, up from $835.8 million in the prior quarter.
- The five-year high for Non-Current Deferred Tax Liability was $1.3 billion in Q1 2026, with the low at $796.5 million in Q1 2022.
- Historically, Non-Current Deferred Tax Liability has averaged $883.1 million across 5 years, with a median of $851.0 million in 2024.
- Annual changes were most pronounced in 2025 — Non-Current Deferred Tax Liability declined 14.9% — and 2026, when it surged 59.51%.
- Mccormick's Non-Current Deferred Tax Liability stood at $971.3 million in 2022, then dropped by 11.34% to $861.2 million in 2023, then gained by 14.04% to $982.1 million in 2024, then fell by 14.9% to $835.8 million in 2025, then soared by 58.4% to $1.3 billion in 2026.
- The last three Non-Current Deferred Tax Liability figures came in at $1.3 billion (Q1 2026), $835.8 million (Q4 2025), and $822.1 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (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 |
| 3 | General Mills | 17.79 Bn | 17.02 Bn | 1.37 Bn |
| 4 | Jbs | 13.93 Bn | 9.37 Bn | 2.32 Bn |
| 5 | Hormel Foods | 13.00 Bn | 12.16 Bn | 518.51 Mn |
| 6 | Mccormick | 12.70 Bn | 13.10 Bn | 708.90 Mn |
| 7 | Magnum Ice Cream | 12.17 Bn | 11.70 Bn | - |
| 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 |
| 10 | Mccormick | - | - | 708.90 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Feb 28, 2026 | 1.32 Bn |
| Feb 28, 2026 | 1.32 Bn |
| Nov 30, 2025 | 835.80 Mn |
| Nov 30, 2025 | 835.80 Mn |
| Aug 31, 2025 | 822.10 Mn |
| Aug 31, 2025 | 822.10 Mn |
| May 31, 2025 | 823.00 Mn |
| May 31, 2025 | 823.00 Mn |
| Feb 28, 2025 | 830.00 Mn |
| Feb 28, 2025 | 830.00 Mn |
| Nov 30, 2024 | 982.10 Mn |
| Nov 30, 2024 | 982.10 Mn |
| Aug 31, 2024 | 836.20 Mn |
| Aug 31, 2024 | 836.20 Mn |
| May 31, 2024 | 851.00 Mn |
| May 31, 2024 | 851.00 Mn |
| Feb 29, 2024 | 858.30 Mn |
| Feb 29, 2024 | 858.30 Mn |
| Nov 30, 2023 | 861.20 Mn |
| Nov 30, 2023 | 861.20 Mn |