Mccormick (MKC-V) Operating Expenses (2009 - 2026)
Mccormick (MKC-V) reported Operating Expenses of $456.3 million for Q1 2026, up 20.46% on a YoY basis from $378.8 million in Q1 2025, and up 12.72% quarter-over-quarter from $404.8 million in Q4 2025.
Mccormick (MKC-V) Operating Expenses (2009 - 2026) Analysis & Trends
Mccormick has reported Operating Expenses for 18 years, with the latest figure at $456.3 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 20.46% year-over-year to $456.3 million; the trailing twelve-month figure through Feb 2026 stood at $1.6 billion (up 2.56% YoY), and the FY2025 full-year result was $1.5 billion, down 1.37% from the prior year.
- Operating Expenses for Q1 2026 stood at $456.3 million, up from $404.8 million in the prior quarter.
- The five-year high for Operating Expenses was $456.3 million in Q1 2026, with the low at $328.1 million in Q3 2022.
- Historically, Operating Expenses has averaged $371.5 million across 5 years, with a median of $364.2 million in 2025.
- Annual changes were most pronounced in 2022 — Operating Expenses retreated 13.57% — and 2026, when it climbed 20.46%.
- Mccormick's Operating Expenses stood at $346.5 million in 2022, then increased by 12.55% to $390.0 million in 2023, then increased by 6.26% to $414.4 million in 2024, then slipped by 2.32% to $404.8 million in 2025, then climbed by 12.72% to $456.3 million in 2026.
- The last three Operating Expenses figures came in at $456.3 million (Q1 2026), $404.8 million (Q4 2025), and $352.5 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (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 | 1.07 Bn |
| 3 | General Mills | 17.79 Bn | 17.02 Bn | 1.37 Bn | 837.30 Mn |
| 4 | Jbs | 13.93 Bn | 9.37 Bn | 2.32 Bn | -1.84 Bn |
| 5 | Hormel Foods | 13.00 Bn | 12.16 Bn | 518.51 Mn | 318.62 Mn |
| 6 | Mccormick | 12.70 Bn | 13.10 Bn | 708.90 Mn | 456.30 Mn |
| 7 | Magnum Ice Cream | 12.17 Bn | 11.70 Bn | - | - |
| 8 | J M Smucker | 11.05 Bn | 10.99 Bn | 827.80 Mn | 368.20 Mn |
| 9 | Smithfield Foods | 10.57 Bn | 9.49 Bn | 511.00 Mn | 180.00 Mn |
| 10 | Mccormick | - | - | 708.90 Mn | 456.30 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Feb 28, 2026 | 456.30 Mn |
| Nov 30, 2025 | 404.80 Mn |
| Aug 31, 2025 | 352.50 Mn |
| May 31, 2025 | 364.20 Mn |
| Feb 28, 2025 | 378.80 Mn |
| Nov 30, 2024 | 414.40 Mn |
| Aug 31, 2024 | 361.50 Mn |
| May 31, 2024 | 383.70 Mn |
| Feb 29, 2024 | 361.60 Mn |
| Nov 30, 2023 | 390.00 Mn |
| Aug 31, 2023 | 371.70 Mn |
| May 31, 2023 | 380.50 Mn |
| Feb 28, 2023 | 336.10 Mn |
| Nov 30, 2022 | 346.50 Mn |
| Aug 31, 2022 | 328.10 Mn |
| May 31, 2022 | 350.70 Mn |
| Feb 28, 2022 | 334.00 Mn |
| Nov 30, 2021 | 400.90 Mn |
| Aug 31, 2021 | 328.60 Mn |
| May 31, 2021 | 363.50 Mn |