Mccormick (MKC) Exchange Rate Effect (2009 - 2026)
Mccormick's (MKC) quarterly Exchange Rate Effect came in at -$4.6 million in Q2 2026, down 114.74% on a YoY basis from $31.2 million in Q2 2025, and down 139.66% quarter-over-quarter from $11.6 million in Q1 2026.
Analysis
Mccormick (MKC) Exchange Rate Effect (2009 - 2026) Analysis & Trends
Mccormick (MKC) has reported Exchange Rate Effect for 18 consecutive years, with -$4.6 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Exchange Rate Effect fell 114.74% year-over-year to -$4.6 million; the trailing twelve-month figure through May 2026 stood at $26.0 million (up 199.62% YoY), and the FY2025 full-year result was $43.7 million, up 186.88% from the prior year.
- Exchange Rate Effect declined to -$4.6 million in Q2 2026 per MKC's latest filing, from $11.6 million in the prior quarter.
- Across five years, Exchange Rate Effect topped out at $31.2 million in Q2 2025 and bottomed at -$34.5 million in Q3 2024.
- Historically, Exchange Rate Effect has averaged $266666.7 across 5 years, with a median of $250000.0 in 2024.
- The sharpest annual moves came in 2024 and 2025: Exchange Rate Effect slumped 361.36% in 2024, then jumped 1660.0% in 2025.
- Over 5 years, Exchange Rate Effect stood at -$6.9 million in 2022, then increased by 4.35% to -$6.6 million in 2023, then plunged by 146.97% to -$16.3 million in 2024, then soared by 128.22% to $4.6 million in 2025, then plunged by 200.0% to -$4.6 million in 2026.
- According to Business Quant data, Exchange Rate Effect over the past three periods registered -$4.6 million, $11.6 million, and $4.6 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Exchange Rate Effect (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 29.47 Bn | 26.90 Bn | 2.03 Bn | -5.00 Mn |
| 2 | General Mills | 20.43 Bn | 19.99 Bn | 1.60 Bn | -500,000.00 |
| 3 | Mccormick | 14.02 Bn | 14.26 Bn | 778.20 Mn | -4.60 Mn |
| 4 | J M Smucker | 13.47 Bn | 13.43 Bn | 979.60 Mn | -1.30 Mn |
| 5 | Hormel Foods | 11.85 Bn | 11.00 Bn | 471.52 Mn | 1.29 Mn |
| 6 | Chewy | 9.70 Bn | 9.18 Bn | 1.01 Bn | - |
| 7 | Conagra Brands | 7.41 Bn | 7.19 Bn | 704.10 Mn | -500,000.00 |
| 8 | Lamb Weston Holdings | 6.86 Bn | 6.79 Bn | 361.40 Mn | 600,000.00 |
| 9 | Campbell'S | 6.38 Bn | 5.98 Bn | 650.00 Mn | - |
| 10 | Post Holdings | 3.72 Bn | 3.47 Bn | 566.30 Mn | -600,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | -4.60 Mn |
| Feb 28, 2026 | 11.60 Mn |
| Nov 30, 2025 | 4.60 Mn |
| Aug 31, 2025 | 14.40 Mn |
| May 31, 2025 | 31.20 Mn |
| Feb 28, 2025 | -6.50 Mn |
| Nov 30, 2024 | -16.30 Mn |
| Aug 31, 2024 | -34.50 Mn |
| May 31, 2024 | -2.00 Mn |
| Feb 29, 2024 | 2.50 Mn |
| Nov 30, 2023 | -6.60 Mn |
| Aug 31, 2023 | 13.20 Mn |
| May 31, 2023 | 7.80 Mn |
| Feb 28, 2023 | 25.60 Mn |
| Nov 30, 2022 | -6.90 Mn |
| Aug 31, 2022 | -19.30 Mn |
| May 31, 2022 | -17.50 Mn |
| Feb 28, 2022 | 8.10 Mn |
| Nov 30, 2021 | -13.30 Mn |
| Aug 31, 2021 | -15.50 Mn |