Mccormick MKC
NYSE MKC
$51.34 +0.24 (+0.47%)
As of: Sep 11, 2026 · 3:59 PM EDT

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

Historic Data

Download Data
DateValue
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