Mccormick (MKC) Non-Current Debt (2009 - 2026)
Mccormick's Non-Current Debt was $2.91 billion in fiscal Q3 2026 (quarter ended Aug 31, 2026), down 6.4% from $3.1 billion a year earlier and down 19.2% from the prior quarter.
Mccormick (MKC) Non-Current Debt (2009 - 2026) Analysis & Trends
At the end of FY2025 (ended Nov 30, 2025), Non-Current Debt at Mccormick came in at $3.11 billion, down 13.6% from FY2024.
- Non-Current Debt shows a five-year compound annual growth rate of -3.7% (FY2020 to FY2025).
- In earlier fiscal years, Non-Current Debt was $3.59 billion in FY2024 (+7.6%), $3.34 billion in FY2023 (-8.3%), $3.64 billion in FY2022 (-8.3%) and $3.97 billion in FY2021 (+5.8%).
- The fiscal Q3 2026 figure marks the lowest quarterly Non-Current Debt since fiscal Q2 2017.
- Compared with a year earlier, Non-Current Debt was higher in three of the last eight quarters, with an average decline of 0.1%.
- The best year-over-year quarter for Non-Current Debt over five years was fiscal Q1 2026 (growth of 16.4%); the worst was fiscal Q2 2024 (a decline of 19.2%).
- Per Business Quant data, MKC's Non-Current Debt in the three fiscal quarters before Q3 2026 was $3.6 billion (Q2 2026), $3.6 billion (Q1 2026) and $3.11 billion (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Unilever | 142.47 Bn | 93.93 Bn | - | 27.38 Bn |
| 2 | Mondelez International | 82.20 Bn | 75.47 Bn | 3.99 Bn | 16.46 Bn |
| 3 | Hershey | 34.19 Bn | 30.44 Bn | 1.26 Bn | 4.68 Bn |
| 4 | Kraft Heinz | 28.23 Bn | 14.65 Bn | 2.03 Bn | 17.62 Bn |
| 5 | General Mills | 17.93 Bn | 15.58 Bn | 1.49 Bn | 12.37 Bn |
| 6 | J M Smucker | 13.85 Bn | 13.63 Bn | 979.60 Mn | 6.39 Bn |
| 7 | Mccormick | 12.79 Bn | 11.85 Bn | 794.90 Mn | 2.91 Bn |
| 8 | Hormel Foods | 11.28 Bn | 7.95 Bn | 471.52 Mn | 2.35 Bn |
| 9 | Chewy | 8.73 Bn | 6.01 Bn | 1.01 Bn | 588.70 Mn |
| 10 | Lamb Weston Holdings | 7.38 Bn | 7.00 Bn | 266.50 Mn | 3.58 Bn |
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2026 | 2.91 Bn |
| May 31, 2026 | 3.60 Bn |
| Feb 28, 2026 | 3.60 Bn |
| Nov 30, 2025 | 3.11 Bn |
| Aug 31, 2025 | 3.10 Bn |
| May 31, 2025 | 3.10 Bn |
| Feb 28, 2025 | 3.10 Bn |
| Nov 30, 2024 | 3.59 Bn |
| Aug 31, 2024 | 3.34 Bn |
| May 31, 2024 | 3.33 Bn |
| Feb 29, 2024 | 3.33 Bn |
| Nov 30, 2023 | 3.34 Bn |
| Aug 31, 2023 | 3.39 Bn |
| May 31, 2023 | 4.12 Bn |
| Feb 28, 2023 | 3.62 Bn |
| Nov 30, 2022 | 3.64 Bn |
| Aug 31, 2022 | 3.90 Bn |
| May 31, 2022 | 3.92 Bn |
| Feb 28, 2022 | 3.96 Bn |
| Nov 30, 2021 | 3.97 Bn |
Mccormick Non-Current Debt 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=non-current-debt&ticker=MKC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-current-debt", "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=non-current-debt&ticker=MKC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();