Mccormick (MKC-V) Tax Provisions (2009 - 2026)
Mccormick (MKC-V) reported Tax Provisions of $48.7 million for Q1 2026, up 17.07% on a YoY basis from $41.6 million in Q1 2025, and down 25.76% quarter-over-quarter from $65.6 million in Q4 2025.
Mccormick (MKC-V) Tax Provisions (2009 - 2026) Analysis & Trends
Mccormick has reported Tax Provisions for 18 years, with the latest figure at $48.7 million in Q1 2026.
- For the quarter ending Q1 2026, Tax Provisions rose 17.07% year-over-year to $48.7 million; the trailing twelve-month figure through Feb 2026 stood at $202.9 million (up 15.28% YoY), and the FY2025 full-year result was $195.8 million, up 6.41% from the prior year.
- Tax Provisions for Q1 2026 stood at $48.7 million, down from $65.6 million in the prior quarter.
- The five-year high for Tax Provisions was $67.2 million in Q4 2024, with the low at $21.7 million in Q2 2022.
- Historically, Tax Provisions has averaged $45.4 million across 5 years, with a median of $42.7 million in 2023.
- The largest YoY upside for Tax Provisions was 88.25% in 2022 against a maximum downside of 52.2% in 2022.
- Mccormick's Tax Provisions stood at $53.2 million in 2022, then climbed by 7.33% to $57.1 million in 2023, then gained by 17.69% to $67.2 million in 2024, then declined by 2.38% to $65.6 million in 2025, then slipped by 25.76% to $48.7 million in 2026.
- The last three Tax Provisions figures came in at $48.7 million (Q1 2026), $65.6 million (Q4 2025), and $39.3 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (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 | 211.00 Mn |
| 3 | General Mills | 17.79 Bn | 17.02 Bn | 1.37 Bn | 99.90 Mn |
| 4 | Jbs | 13.93 Bn | 9.37 Bn | 2.32 Bn | -67.10 Mn |
| 5 | Hormel Foods | 13.00 Bn | 12.16 Bn | 518.51 Mn | 48.69 Mn |
| 6 | Mccormick | 12.70 Bn | 13.10 Bn | 708.90 Mn | 48.70 Mn |
| 7 | Magnum Ice Cream | 12.17 Bn | 11.70 Bn | - | - |
| 8 | J M Smucker | 11.05 Bn | 10.99 Bn | 827.80 Mn | 72.30 Mn |
| 9 | Smithfield Foods | 10.57 Bn | 9.49 Bn | 511.00 Mn | 72.00 Mn |
| 10 | Mccormick | - | - | 708.90 Mn | 48.70 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Feb 28, 2026 | 48.70 Mn |
| Nov 30, 2025 | 65.60 Mn |
| Aug 31, 2025 | 39.30 Mn |
| May 31, 2025 | 49.30 Mn |
| Feb 28, 2025 | 41.60 Mn |
| Nov 30, 2024 | 67.20 Mn |
| Aug 31, 2024 | 41.00 Mn |
| May 31, 2024 | 26.20 Mn |
| Feb 29, 2024 | 49.60 Mn |
| Nov 30, 2023 | 57.10 Mn |
| Aug 31, 2023 | 42.70 Mn |
| May 31, 2023 | 40.30 Mn |
| Feb 28, 2023 | 34.40 Mn |
| Nov 30, 2022 | 53.20 Mn |
| Aug 31, 2022 | 59.30 Mn |
| May 31, 2022 | 21.70 Mn |
| Feb 28, 2022 | 34.40 Mn |
| Nov 30, 2021 | 57.20 Mn |
| Aug 31, 2021 | 31.50 Mn |
| May 31, 2021 | 45.40 Mn |