Mccormick (MKC) Interest Expenses (2009 - 2026)
Mccormick's (MKC) quarterly Interest Expenses came in at $62.7 million in Q2 2026, up 22.94% YoY from $51.0 million in Q2 2025, and up 32.56% on a QoQ basis from $47.3 million in Q1 2026.
Mccormick (MKC) Interest Expenses (2009 - 2026) Analysis & Trends
Mccormick (MKC) has 18 years of Interest Expenses data on file, last reported at $62.7 million in Q2 2026.
- Quarterly Interest Expenses rose 22.94% year-over-year to $62.7 million in Q2 2026, while the trailing twelve-month figure through May 2026 was $206.7 million (changed 0.49% YoY) and the FY2025 annual result came in at $196.2 million, down 6.62% from the prior year.
- Interest Expenses advanced to $62.7 million in Q2 2026, from $47.3 million in the prior quarter.
- In the past five years, Interest Expenses ranged from a high of $62.7 million in Q2 2026 to a low of $33.1 million in Q1 2022.
- A 5-year average of $48.5 million and a median of $50.4 million in 2023 frame the typical range for Interest Expenses.
- Annual changes were most pronounced in 2023 — Interest Expenses soared 54.9% — and 2025, when it slipped 11.76%.
- Tracing MKC's Interest Expenses over 5 years: stood at $44.4 million in 2022, then climbed by 18.69% to $52.7 million in 2023, then changed by 0.0% to $52.7 million in 2024, then dropped by 11.76% to $46.5 million in 2025, then jumped by 34.84% to $62.7 million in 2026.
- The last three Interest Expenses figures came in at $62.7 million (Q2 2026), $47.3 million (Q1 2026), and $46.5 million (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 30.23 Bn | 27.54 Bn | 2.03 Bn | -31.00 Mn |
| 2 | General Mills | 21.36 Bn | 20.90 Bn | 1.60 Bn | - |
| 3 | Mccormick | 14.89 Bn | 14.56 Bn | 778.20 Mn | 62.70 Mn |
| 4 | Jbs | 14.54 Bn | 11.07 Bn | 4.91 Bn | 1.32 Bn |
| 5 | Hormel Foods | 13.26 Bn | 12.40 Bn | 518.51 Mn | 19.82 Mn |
| 6 | J M Smucker | 13.17 Bn | 13.11 Bn | 862.10 Mn | - |
| 7 | Magnum Ice Cream | 12.10 Bn | 11.38 Bn | - | - |
| 8 | Darling Ingredients | 10.78 Bn | 10.62 Bn | 503.37 Mn | 55.53 Mn |
| 9 | Smithfield Foods | 8.77 Bn | 7.42 Bn | 478.00 Mn | 8.00 Mn |
| 10 | Conagra Brands | 7.80 Bn | 7.58 Bn | 704.10 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| May 31, 2026 | 62.70 Mn |
| May 31, 2026 | 62.70 Mn |
| Feb 28, 2026 | 47.30 Mn |
| Feb 28, 2026 | 47.30 Mn |
| Nov 30, 2025 | 46.50 Mn |
| Nov 30, 2025 | 46.50 Mn |
| Aug 31, 2025 | 50.20 Mn |
| Aug 31, 2025 | 50.20 Mn |
| May 31, 2025 | 51.00 Mn |
| May 31, 2025 | 51.00 Mn |
| Feb 28, 2025 | 48.50 Mn |
| Feb 28, 2025 | 48.50 Mn |
| Nov 30, 2024 | 52.70 Mn |
| Nov 30, 2024 | 52.70 Mn |
| Aug 31, 2024 | 53.50 Mn |
| Aug 31, 2024 | 53.50 Mn |
| May 31, 2024 | 52.90 Mn |
| May 31, 2024 | 52.90 Mn |
| Feb 29, 2024 | 50.30 Mn |
| Feb 29, 2024 | 50.30 Mn |