Mccormick (MKC) Non-Current Debt (2009 - 2026)
Mccormick's (MKC) quarterly Non-Current Debt came in at $3.6 billion in Q2 2026, down 6.46% on a YoY basis from $3.9 billion in Q2 2025, and little changed quarter-over-quarter from $3.6 billion in Q1 2026.
Analysis
Mccormick (MKC) Non-Current Debt (2009 - 2026) Analysis & Trends
Mccormick (MKC) has reported Non-Current Debt for 18 consecutive years, with $3.6 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Non-Current Debt fell 6.46% year-over-year to $3.6 billion; the trailing twelve-month figure through May 2026 stood at $3.6 billion (down 6.46% YoY), and the FY2025 full-year result was $3.6 billion, down 6.32% from the prior year.
- Non-Current Debt was little changed at $3.6 billion in Q2 2026 per MKC's latest filing, from $3.6 billion in the prior quarter.
- Across five years, Non-Current Debt topped out at $4.7 billion in Q1 2022 and bottomed at $3.4 billion in Q3 2024.
- Historically, Non-Current Debt has averaged $4.0 billion across 5 years, with a median of $3.9 billion in 2022.
- The sharpest annual moves came in 2024 and 2025: Non-Current Debt slipped 22.39% in 2024, then grew 13.35% in 2025.
- Over 5 years, Non-Current Debt stood at $3.9 billion in 2022, then rose by 5.78% to $4.1 billion in 2023, then dropped by 6.77% to $3.9 billion in 2024, then fell by 6.32% to $3.6 billion in 2025, then declined by 0.22% to $3.6 billion in 2026.
- According to Business Quant data, Non-Current Debt over the past three periods registered $3.6 billion, $3.6 billion, and $3.6 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 29.47 Bn | 26.90 Bn | 2.03 Bn | 17.62 Bn |
| 2 | General Mills | 20.43 Bn | 19.99 Bn | 1.60 Bn | 13.47 Bn |
| 3 | Mccormick | 14.02 Bn | 14.26 Bn | 778.20 Mn | 3.61 Bn |
| 4 | J M Smucker | 13.47 Bn | 13.43 Bn | 979.60 Mn | 6.54 Bn |
| 5 | Hormel Foods | 11.85 Bn | 11.00 Bn | 471.52 Mn | 2.35 Bn |
| 6 | Chewy | 9.70 Bn | 9.18 Bn | 1.01 Bn | - |
| 7 | Conagra Brands | 7.41 Bn | 7.19 Bn | 704.10 Mn | 7.23 Bn |
| 8 | Lamb Weston Holdings | 6.86 Bn | 6.79 Bn | 361.40 Mn | 3.68 Bn |
| 9 | Campbell'S | 6.38 Bn | 5.98 Bn | 650.00 Mn | 6.15 Bn |
| 10 | Post Holdings | 3.72 Bn | 3.47 Bn | 566.30 Mn | 7.63 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 3.61 Bn |
| Feb 28, 2026 | 3.61 Bn |
| Nov 30, 2025 | 3.61 Bn |
| Aug 31, 2025 | 3.86 Bn |
| May 31, 2025 | 3.86 Bn |
| Feb 28, 2025 | 3.85 Bn |
| Nov 30, 2024 | 3.86 Bn |
| Aug 31, 2024 | 3.41 Bn |
| May 31, 2024 | 4.11 Bn |
| Feb 29, 2024 | 4.13 Bn |
| Nov 30, 2023 | 4.14 Bn |
| Aug 31, 2023 | 4.39 Bn |
| May 31, 2023 | 4.40 Bn |
| Feb 28, 2023 | 3.90 Bn |
| Nov 30, 2022 | 3.91 Bn |
| Aug 31, 2022 | 3.93 Bn |
| May 31, 2022 | 4.69 Bn |
| Feb 28, 2022 | 4.74 Bn |
| Nov 30, 2021 | 4.74 Bn |
| Aug 31, 2021 | 4.75 Bn |