Mccormick (MKC-V) Operating Expenses (2009 - 2026)

On a trailing twelve-month basis, Mccormick's Operating Expenses was $1.74 billion through Aug 31, 2026, up 15.2% year-over-year; for FY2025 (ended Nov 30, 2025), it came in at $1.5 billion, down 1.4% from FY2024.

• Operating Expenses shows a five-year compound annual growth rate of 3.0% (FY2020 to FY2025).
• In earlier fiscal years, Operating Expenses was $1.52 billion in FY2024 (+2.9%), $1.48 billion in FY2023 (+8.8%), $1.36 billion in FY2022 (-5.1%) and $1.43 billion in FY2021 (+10.7%).
• Quarterly Operating Expenses has moved between $328.1 million (fiscal Q3 2022) and $456.3 million (fiscal Q1 2026) over five years.
• Compared with a year earlier, Operating Expenses has increased for three straight quarters, with growth averaging 8.3% over the last eight quarters.
• The best year-over-year quarter for Operating Expenses over five years was fiscal Q3 2026 (growth of 23.8%); the worst was fiscal Q4 2022 (a decline of 13.6%).
• Per Business Quant data, MKC-V's Operating Expenses in the three fiscal quarters before Q3 2026 was $441.8 million (Q2 2026), $456.3 million (Q1 2026) and $404.8 million (Q4 2025).