Mccormick (MKC) Non-Current Deferred Tax Liability (2010 - 2026)
Mccormick's (MKC) quarterly Non-Current Deferred Tax Liability came in at $1.3 billion in Q2 2026, up 61.24% on a YoY basis from $823.0 million in Q2 2025, and little changed quarter-over-quarter from $1.3 billion in Q1 2026.
Analysis
Mccormick (MKC) Non-Current Deferred Tax Liability (2010 - 2026) Analysis & Trends
Mccormick (MKC) has reported Non-Current Deferred Tax Liability for 13 consecutive years, with $1.3 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Non-Current Deferred Tax Liability rose 61.24% year-over-year to $1.3 billion; the trailing twelve-month figure through May 2026 stood at $1.3 billion (up 61.24% YoY), and the FY2025 full-year result was $835.8 million, down 14.9% from the prior year.
- Non-Current Deferred Tax Liability held at $1.3 billion in Q2 2026 per MKC's latest filing, 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.
- Historically, Non-Current Deferred Tax Liability has averaged $915.0 million across 5 years, with a median of $854.6 million in 2024.
- The sharpest annual moves came in 2025 and 2026: Non-Current Deferred Tax Liability fell 14.9% in 2025, then soared 61.24% in 2026.
- Over 5 years, Non-Current Deferred Tax Liability stood at $971.3 million in 2022, then increased by 2.15% to $992.2 million in 2023, then retreated by 1.02% to $982.1 million in 2024, then decreased by 14.9% to $835.8 million in 2025, then surged by 58.77% to $1.3 billion in 2026.
- According to Business Quant data, Non-Current Deferred Tax Liability over the past three periods registered $1.3 billion, $1.3 billion, and $835.8 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Kraft Heinz | 28.91 Bn | 26.23 Bn | 2.03 Bn |
| 2 | General Mills | 19.20 Bn | 18.75 Bn | 1.60 Bn |
| 3 | Mccormick | 13.83 Bn | 13.50 Bn | 778.20 Mn |
| 4 | J M Smucker | 12.89 Bn | 12.84 Bn | 979.60 Mn |
| 5 | Hormel Foods | 11.29 Bn | 10.42 Bn | 471.52 Mn |
| 6 | Chewy | 8.45 Bn | 7.93 Bn | 1.01 Bn |
| 7 | Conagra Brands | 6.98 Bn | 6.77 Bn | 704.10 Mn |
| 8 | Lamb Weston Holdings | 6.60 Bn | 6.53 Bn | 361.40 Mn |
| 9 | Campbell'S | 6.25 Bn | 5.85 Bn | 650.00 Mn |
| 10 | Post Holdings | 3.62 Bn | 3.35 Bn | 566.30 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 | 982.10 Mn |
| Aug 31, 2024 | 836.20 Mn |
| May 31, 2024 | 851.00 Mn |
| Feb 29, 2024 | 858.30 Mn |
| Nov 30, 2023 | 992.20 Mn |
| Aug 31, 2023 | 864.50 Mn |
| May 31, 2023 | 862.50 Mn |
| Feb 28, 2023 | 866.70 Mn |
| Nov 30, 2022 | 971.30 Mn |
| Aug 31, 2022 | 816.30 Mn |
| May 31, 2022 | 811.00 Mn |
| Feb 28, 2022 | 796.50 Mn |
| Nov 30, 2021 | 948.00 Mn |
| Aug 31, 2021 | 752.60 Mn |