Mccormick (MKC) Non-Current Deferred Tax Liability (2010 - 2026)
Mccormick's Non-Current Deferred Tax Liability was $1.33 billion in fiscal Q2 2026 (quarter ended May 31, 2026), up 61.2% from $823 million a year earlier and up 0.2% from the prior quarter.
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Analysis
Mccormick (MKC) Non-Current Deferred Tax Liability (2010 - 2026) Analysis & Trends
At the end of FY2025 (ended Nov 30, 2025), Non-Current Deferred Tax Liability at Mccormick came in at $835.8 million, down 0.6% from FY2024.
- Non-Current Deferred Tax Liability has now declined for three consecutive fiscal years, though with a five-year compound annual growth rate of 2.8% (FY2020 to FY2025).
- In earlier fiscal years, Non-Current Deferred Tax Liability was $840.5 million in FY2024 (-2.4%), $861.2 million in FY2023 (-0.6%), $866.3 million in FY2022 (+9.3%) and $792.3 million in FY2021 (+9.0%).
- The fiscal Q2 2026 figure marks the highest quarterly Non-Current Deferred Tax Liability in data going back to fiscal Q4 2010.
- Compared with a year earlier, Non-Current Deferred Tax Liability was higher in two of the last eight quarters, with growth averaging 13.3%.
- The best year-over-year quarter for Non-Current Deferred Tax Liability over five years was fiscal Q2 2026 (growth of 61.2%); the worst was fiscal Q1 2025 (a decline of 3.3%).
- Per Business Quant data, MKC's Non-Current Deferred Tax Liability in the three fiscal quarters before Q2 2026 was $1.32 billion (Q1 2026), $835.8 million (Q4 2025) and $822.1 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Unilever | 132.43 Bn | 107.80 Bn | - |
| 2 | Mondelez International | 73.80 Bn | 67.12 Bn | 3.99 Bn |
| 3 | Hershey | 31.86 Bn | 28.11 Bn | 1.26 Bn |
| 4 | Kraft Heinz | 26.96 Bn | 13.49 Bn | 2.03 Bn |
| 5 | General Mills | 17.20 Bn | 14.85 Bn | 1.49 Bn |
| 6 | J M Smucker | 12.70 Bn | 12.49 Bn | 979.60 Mn |
| 7 | Mccormick | 12.49 Bn | 12.36 Bn | 778.20 Mn |
| 8 | Hormel Foods | 10.97 Bn | 7.66 Bn | 471.52 Mn |
| 9 | Chewy | 7.31 Bn | 4.59 Bn | 1.01 Bn |
| 10 | Conagra Brands | 6.43 Bn | 5.74 Bn | 618.70 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 1.33 Bn |
| Feb 28, 2026 | 1.32 Bn |
| Nov 30, 2025 | 835.80 Mn |
| Aug 31, 2025 | 822.10 Mn |
| May 31, 2025 | 823.00 Mn |
| Feb 28, 2025 | 830.00 Mn |
| Nov 30, 2024 | 840.50 Mn |
| Aug 31, 2024 | 836.20 Mn |
| May 31, 2024 | 851.00 Mn |
| Feb 29, 2024 | 858.30 Mn |
| Nov 30, 2023 | 861.20 Mn |
| Aug 31, 2023 | 864.50 Mn |
| May 31, 2023 | 862.50 Mn |
| Feb 28, 2023 | 866.70 Mn |
| Nov 30, 2022 | 866.30 Mn |
| Aug 31, 2022 | 816.30 Mn |
| May 31, 2022 | 811.00 Mn |
| Feb 28, 2022 | 796.50 Mn |
| Nov 30, 2021 | 792.30 Mn |
| Aug 31, 2021 | 752.60 Mn |
API Access
Mccormick Non-Current Deferred Tax Liability 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-deferred-tax-liability&ticker=MKC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-current-deferred-tax-liability", "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-deferred-tax-liability&ticker=MKC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();