Mccormick (MKC-V) Tax Rate (2009 - 2026)

Mccormick has reported Tax Rate for 18 years, with the latest figure at 26.32% in Q1 2026.

• For the quarter ending Q1 2026, Tax Rate rose 402.0% year-over-year to 26.32%; the trailing twelve-month figure through Feb 2026 stood at 22.26% (up 250.0% YoY), and the FY2025 full-year result was 21.45%, up 96.0% from the prior year.
• Tax Rate for Q1 2026 stood at 26.32%, up from 23.94% in the prior quarter.
• The five-year high for Tax Rate was 26.32% in Q1 2026, with the low at 13.53% in Q2 2024.
• Historically, Tax Rate has averaged 21.27% across 5 years, with a median of 22.13% in 2023.
• Annual changes were most pronounced in 2022 — Tax Rate sank 918 bps — and 2025, when it soared 1056 bps.
• Mccormick's Tax Rate 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 10 bps to 26.32% in 2026.
• The last three Tax Rate figures came in at 26.32% (Q1 2026), 23.94% (Q4 2025), and 15.85% (Q3 2025), per Business Quant data.