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
DateValue
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