Mccormick & Co Inc (MKC-V) Tax Rate (2009 - 2026)
Mccormick's (MKC-V) quarterly Tax Rate came in at 28.84% in Q2 2026, up 474.0% YoY from 5.02% in Q2 2025, and up 9.55% on a QoQ basis from 26.32% in Q1 2026.
Mccormick & Co Inc (MKC-V) Tax Rate (2009 - 2026) Analysis & Trends
Mccormick (MKC-V) has 18 years of Tax Rate data on file, last reported at 28.84% in Q2 2026.
- Quarterly Tax Rate rose 474.0% year-over-year to 28.84% in Q2 2026, while the trailing twelve-month figure through May 2026 was 23.42% (up 133.0% YoY) and the FY2025 annual result came in at 21.45%, up 96.0% from the prior year.
- Tax Rate advanced to 28.84% in Q2 2026, from 26.32% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 28.84% in Q2 2026 to a low of 13.53% in Q2 2024.
- A 5-year average of 21.69% and a median of 22.14% in 2023 frame the typical range for Tax Rate.
- Annual changes were most pronounced in 2022 — Tax Rate sank 918 bps — and 2025, when it soared 1056 bps.
- Tracing MKC-V's Tax Rate over 5 years: stood at 23.3% in 2022, then declined by 5 bps to 22.16% in 2023, then rose by 15 bps to 25.44% in 2024, then dropped by 6 bps to 23.94% in 2025, then climbed by 20 bps to 28.84% in 2026.
- The last three Tax Rate figures came in at 28.84% (Q2 2026), 26.32% (Q1 2026), and 23.94% (Q4 2025), per Business Quant data.
Powered by 
Peer Comparison
Historic Data
Download Data| Date | Value |
|---|---|
| May 31, 2026 | 28.84% |
| May 31, 2026 | 28.84% |
| May 31, 2026 | 28.84% |
| Feb 28, 2026 | 26.32% |
| Feb 28, 2026 | 26.32% |
| Feb 28, 2026 | 26.32% |
| Nov 30, 2025 | 23.94% |
| Nov 30, 2025 | 23.94% |
| Nov 30, 2025 | 23.94% |
| Aug 31, 2025 | 15.85% |
| Aug 31, 2025 | 15.85% |
| Aug 31, 2025 | 15.85% |
| May 31, 2025 | 24.10% |
| May 31, 2025 | 24.10% |
| May 31, 2025 | 24.10% |
| Feb 28, 2025 | 22.31% |
| Feb 28, 2025 | 22.31% |
| Feb 28, 2025 | 22.31% |
| Nov 30, 2024 | 25.44% |
| Nov 30, 2024 | 25.44% |