Mccormick (MKC) Interest Expenses (2009 - 2026)
Mccormick's (MKC) quarterly Interest Expenses came in at $62.7 million in Q2 2026, up 22.94% on a YoY basis from $51.0 million in Q2 2025, and up 32.56% quarter-over-quarter from $47.3 million in Q1 2026.
Analysis
Mccormick (MKC) Interest Expenses (2009 - 2026) Analysis & Trends
Mccormick (MKC) has reported Interest Expenses for 18 consecutive years, with $62.7 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Interest Expenses rose 22.94% year-over-year to $62.7 million; the trailing twelve-month figure through May 2026 stood at $206.7 million (changed 0.49% YoY), and the FY2025 full-year result was $196.2 million, down 6.3% from the prior year.
- Interest Expenses rose to $62.7 million in Q2 2026 per MKC's latest filing, from $47.3 million in the prior quarter.
- Across five years, Interest Expenses topped out at $62.7 million in Q2 2026 and bottomed at $33.1 million in Q1 2022.
- Historically, Interest Expenses has averaged $48.5 million across 5 years, with a median of $50.4 million in 2023.
- The sharpest annual moves came in 2023 and 2025: Interest Expenses jumped 54.9% in 2023, then dropped 11.76% in 2025.
- Over 5 years, Interest Expenses stood at $44.4 million in 2022, then increased by 18.69% to $52.7 million in 2023, then changed by 0.0% to $52.7 million in 2024, then fell by 11.76% to $46.5 million in 2025, then soared by 34.84% to $62.7 million in 2026.
- According to Business Quant data, Interest Expenses over the past three periods registered $62.7 million, $47.3 million, and $46.5 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 29.47 Bn | 26.90 Bn | 2.03 Bn | -31.00 Mn |
| 2 | General Mills | 20.43 Bn | 19.99 Bn | 1.60 Bn | - |
| 3 | Mccormick | 14.02 Bn | 14.26 Bn | 778.20 Mn | 62.70 Mn |
| 4 | J M Smucker | 13.47 Bn | 13.43 Bn | 979.60 Mn | - |
| 5 | Hormel Foods | 11.85 Bn | 11.00 Bn | 471.52 Mn | 19.64 Mn |
| 6 | Chewy | 9.70 Bn | 9.18 Bn | 1.01 Bn | - |
| 7 | Conagra Brands | 7.41 Bn | 7.19 Bn | 704.10 Mn | - |
| 8 | Lamb Weston Holdings | 6.86 Bn | 6.79 Bn | 361.40 Mn | - |
| 9 | Campbell'S | 6.38 Bn | 5.98 Bn | 650.00 Mn | 83.00 Mn |
| 10 | Post Holdings | 3.72 Bn | 3.47 Bn | 566.30 Mn | 108.20 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 62.70 Mn |
| Feb 28, 2026 | 47.30 Mn |
| Nov 30, 2025 | 46.50 Mn |
| Aug 31, 2025 | 50.20 Mn |
| May 31, 2025 | 51.00 Mn |
| Feb 28, 2025 | 48.50 Mn |
| Nov 30, 2024 | 52.70 Mn |
| Aug 31, 2024 | 53.50 Mn |
| May 31, 2024 | 52.90 Mn |
| Feb 29, 2024 | 50.30 Mn |
| Nov 30, 2023 | 52.70 Mn |
| Aug 31, 2023 | 52.70 Mn |
| May 31, 2023 | 52.20 Mn |
| Feb 28, 2023 | 50.60 Mn |
| Nov 30, 2022 | 44.40 Mn |
| Aug 31, 2022 | 37.90 Mn |
| May 31, 2022 | 33.70 Mn |
| Feb 28, 2022 | 33.10 Mn |
| Nov 30, 2021 | 33.30 Mn |
| Aug 31, 2021 | 33.90 Mn |