Mccormick (MKC) Non-Current Deferred Tax Liability (2010 - 2026)

Mccormick (MKC) posted Non-Current Deferred Tax Liability of $1.3 billion for Q2 2026, little changed on a QoQ basis from $1.3 billion in Q1 2026, and up 61.24% year-over-year from $823.0 million in Q2 2025.

Mccormick (MKC) Non-Current Deferred Tax Liability (2010 - 2026) Analysis & Trends

Mccormick's Non-Current Deferred Tax Liability history runs 13 years deep, the most recent figure standing at $1.3 billion for Q2 2026.

  • Quarterly Non-Current Deferred Tax Liability rose 61.24% year-over-year to $1.3 billion in Q2 2026, while the trailing twelve-month figure through May 2026 was $1.3 billion (up 61.24% YoY) and the FY2025 annual result came in at $835.8 million, down 0.56% from the prior year.
  • Non-Current Deferred Tax Liability was $1.3 billion for Q2 2026 at Mccormick, roughly flat from $1.3 billion in the prior quarter.
  • Across five years, Non-Current Deferred Tax Liability topped out at $1.3 billion in Q2 2026 and bottomed at $796.5 million in Q1 2022.
  • A 5-year average of $907.2 million and a median of $845.8 million in 2024 frame the typical range for Non-Current Deferred Tax Liability.
  • Annual changes were most pronounced in 2024 — Non-Current Deferred Tax Liability slipped 15.29% — and 2026, when it surged 61.24%.
  • Mccormick's Non-Current Deferred Tax Liability stood at $971.3 million in 2022, then increased by 2.15% to $992.2 million in 2023, then dropped by 15.29% to $840.5 million in 2024, then slipped by 0.56% to $835.8 million in 2025, then surged by 58.77% to $1.3 billion in 2026.
  • Business Quant data shows MKC's Non-Current Deferred Tax Liability at $1.3 billion in Q2 2026, $1.3 billion in Q1 2026, and $835.8 million in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Kraft Heinz 30.05 Bn 26.07 Bn 2.22 Bn
2 General Mills 19.11 Bn 18.67 Bn 1.60 Bn
3 Hormel Foods 13.78 Bn 12.93 Bn 518.51 Mn
4 Mccormick 13.51 Bn 13.76 Bn 778.20 Mn
5 Magnum Ice Cream 10.87 Bn 10.35 Bn -
6 Smithfield Foods 10.26 Bn 8.88 Bn 511.00 Mn
7 Darling Ingredients 10.06 Bn 10.02 Bn 404.92 Mn
8 Conagra Brands 6.88 Bn 6.66 Bn 704.10 Mn
9 Lamb Weston Holdings 6.84 Bn 6.78 Bn 361.40 Mn
10 Pilgrims Pride 6.64 Bn 6.11 Bn 345.49 Mn

Historic Data

Download Data
DateValue
May 31, 2026 1.33 Bn
May 31, 2026 1.33 Bn
Feb 28, 2026 1.32 Bn
Feb 28, 2026 1.32 Bn
Nov 30, 2025 835.80 Mn
Nov 30, 2025 835.80 Mn
Aug 31, 2025 822.10 Mn
Aug 31, 2025 822.10 Mn
May 31, 2025 823.00 Mn
May 31, 2025 823.00 Mn
Feb 28, 2025 830.00 Mn
Feb 28, 2025 830.00 Mn
Nov 30, 2024 840.50 Mn
Nov 30, 2024 840.50 Mn
Aug 31, 2024 836.20 Mn
Aug 31, 2024 836.20 Mn
May 31, 2024 851.00 Mn
May 31, 2024 851.00 Mn
Feb 29, 2024 858.30 Mn
Feb 29, 2024 858.30 Mn