Mccormick (MKC) Deferred Taxes (2023 - 2026)
Mccormick (MKC) reported Deferred Taxes of -$10.5 million for fiscal Q3 2026 (quarter ended Aug 31, 2026), compared with -$3.7 million a year earlier.
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Analysis
Mccormick (MKC) Deferred Taxes (2023 - 2026) Analysis & Trends
Over the twelve months ended Aug 31, 2026, Mccormick's Deferred Taxes came in at -$12.5 million; for FY2025 (ended Nov 30, 2025), it was -$6.5 million.
- By fiscal year, Deferred Taxes came in at -$30.3 million in FY2024, -$5.4 million in FY2023, $21.8 million in FY2022 (-39.4%) and $36 million in FY2021.
- The fiscal Q3 2026 figure ranks as the lowest quarterly Deferred Taxes since fiscal Q2 2024.
- Per Business Quant data, the three fiscal quarters before Q3 2026 came in at -$3.8 million (Q2 2026), -$7.5 million (Q1 2026) and $9.3 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Unilever | 142.47 Bn | 93.93 Bn | - | - |
| 2 | Mondelez International | 82.20 Bn | 75.47 Bn | 3.99 Bn | 141.00 Mn |
| 3 | Hershey | 34.19 Bn | 30.44 Bn | 1.26 Bn | 9.30 Mn |
| 4 | Kraft Heinz | 28.23 Bn | 14.65 Bn | 2.03 Bn | -1.20 Bn |
| 5 | General Mills | 17.93 Bn | 15.58 Bn | 1.49 Bn | -18.00 Mn |
| 6 | J M Smucker | 13.85 Bn | 13.63 Bn | 979.60 Mn | -400,000.00 |
| 7 | Mccormick | 12.79 Bn | 11.85 Bn | 794.90 Mn | -10.50 Mn |
| 8 | Hormel Foods | 11.28 Bn | 7.95 Bn | 471.52 Mn | -523,000.00 |
| 9 | Chewy | 8.73 Bn | 6.01 Bn | 1.01 Bn | - |
| 10 | Lamb Weston Holdings | 7.38 Bn | 7.00 Bn | 266.50 Mn | -11.90 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2026 | -10.50 Mn |
| May 31, 2026 | -3.80 Mn |
| Feb 28, 2026 | -7.50 Mn |
| Nov 30, 2025 | 9.30 Mn |
| Aug 31, 2025 | -3.70 Mn |
| May 31, 2025 | -2.90 Mn |
| Feb 28, 2025 | -9.20 Mn |
| Nov 30, 2024 | 6.90 Mn |
| Aug 31, 2024 | -9.40 Mn |
| May 31, 2024 | -25.00 Mn |
| Feb 29, 2024 | -2.80 Mn |
| Nov 30, 2023 | -7.10 Mn |
| Aug 31, 2023 | 2.90 Mn |
API Access
Mccormick Deferred Taxes 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=deferred-taxes&ticker=MKC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "deferred-taxes", "ticker": "MKC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=deferred-taxes&ticker=MKC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();