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% YoY from $823.0 million in Q2 2025, and little changed on a QoQ basis from $1.3 billion in Q1 2026.
Mccormick (MKC) Non-Current Deferred Tax Liability (2010 - 2026) Analysis & Trends
Mccormick (MKC) has 13 years of Non-Current Deferred Tax Liability data on file, last reported at $1.3 billion in 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 held at $1.3 billion in Q2 2026, from $1.3 billion in the prior quarter.
- In the past five years, Non-Current Deferred Tax Liability ranged from a high of $1.3 billion in Q2 2026 to a low of $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 fell 15.29% — and 2026, when it surged 61.24%.
- Tracing MKC's Non-Current Deferred Tax Liability over 5 years: stood at $971.3 million in 2022, then climbed by 2.15% to $992.2 million in 2023, then decreased by 15.29% to $840.5 million in 2024, then retreated by 0.56% to $835.8 million in 2025, then soared by 58.77% to $1.3 billion in 2026.
- The last three Non-Current Deferred Tax Liability figures came in at $1.3 billion (Q2 2026), $1.3 billion (Q1 2026), and $835.8 million (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Kraft Heinz | 30.37 Bn | 27.69 Bn | 2.03 Bn |
| 2 | General Mills | 21.49 Bn | 21.03 Bn | 1.60 Bn |
| 3 | Mccormick | 14.93 Bn | 14.60 Bn | 778.20 Mn |
| 4 | Jbs | 14.80 Bn | 11.34 Bn | 4.91 Bn |
| 5 | J M Smucker | 13.21 Bn | 13.15 Bn | 862.10 Mn |
| 6 | Hormel Foods | 13.14 Bn | 12.28 Bn | 518.51 Mn |
| 7 | Magnum Ice Cream | 12.22 Bn | 11.50 Bn | - |
| 8 | Darling Ingredients | 10.40 Bn | 10.24 Bn | 503.37 Mn |
| 9 | Smithfield Foods | 8.75 Bn | 7.40 Bn | 478.00 Mn |
| 10 | Conagra Brands | 7.86 Bn | 7.64 Bn | 704.10 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 |