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| Date | Value |
|---|---|
| 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 |