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
DateValue
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