Mccormick (MKC-V) Tax Rate (2009 - 2026)
Mccormick (MKC-V) reported Tax Rate of 32.30% for fiscal Q3 2026 (quarter ended Aug 31, 2026), up 16.44 percentage points from 15.85% a year earlier and up 3.46 percentage points from the prior quarter.
Mccormick (MKC-V) Tax Rate (2009 - 2026) Analysis & Trends
Over the twelve months ended Aug 31, 2026, Mccormick's Tax Rate came in at 27.31%, up 5.46 percentage points year-over-year; for FY2025 (ended Nov 30, 2025), it was 21.45%, up 0.96 percentage points from FY2024.
- Tax Rate has a five-year change of +1.60 percentage points (FY2020 to FY2025).
- By fiscal year, Tax Rate came in at 20.48% in FY2024 (-1.36 pp), 21.85% in FY2023 (+1.10 pp), 20.74% in FY2022 (-0.77 pp) and 21.51% in FY2021 (+1.67 pp).
- The fiscal Q3 2026 figure ranks as the highest quarterly Tax Rate since fiscal Q4 2009.
- Year over year, Tax Rate has now increased in each of the last three quarters, with an average year-over-year change of +4.19 percentage points over the last eight quarters.
- The high point for year-over-year Tax Rate in five years was fiscal Q3 2026 (a gain of 16.44 percentage points); the low point was fiscal Q1 2022 (a drop of 9.18 percentage points).
- Per Business Quant data, the three fiscal quarters before Q3 2026 came in at 28.84% (Q2 2026), 26.32% (Q1 2026) and 23.94% (Q4 2025).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2026 | 32.30% |
| May 31, 2026 | 28.84% |
| Feb 28, 2026 | 26.32% |
| Nov 30, 2025 | 23.94% |
| Aug 31, 2025 | 15.85% |
| May 31, 2025 | 24.10% |
| Feb 28, 2025 | 22.31% |
| Nov 30, 2024 | 25.44% |
| Aug 31, 2024 | 16.65% |
| May 31, 2024 | 13.53% |
| Feb 29, 2024 | 25.53% |
| Nov 30, 2023 | 22.16% |
| Aug 31, 2023 | 21.41% |
| May 31, 2023 | 22.13% |
| Feb 28, 2023 | 21.57% |
| Nov 30, 2022 | 23.30% |
| Aug 31, 2022 | 21.59% |
| May 31, 2022 | 16.72% |
| Feb 28, 2022 | 19.11% |
| Nov 30, 2021 | 23.05% |
Mccormick Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=MKC-V&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "MKC-V", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=MKC-V&period=max&api_key=YOUR_API_KEY");
const data = await res.json();