Mccormick (MKC) Notes Payables (2009 - 2026)
Mccormick (MKC) reported Notes Payables of $1.3 billion for Q1 2026, up 186.69% on a YoY basis from $456.9 million in Q1 2025, and up 243.45% quarter-over-quarter from $381.4 million in Q4 2025.
Mccormick (MKC) Notes Payables (2009 - 2026) Analysis & Trends
Mccormick has reported Notes Payables for 18 years, with the latest figure at $1.3 billion in Q1 2026.
- For the quarter ending Q1 2026, Notes Payables rose 186.69% year-over-year to $1.3 billion; the trailing twelve-month figure through Feb 2026 stood at $1.3 billion (up 186.69% YoY), and the FY2025 full-year result was $381.4 million, down 21.05% from the prior year.
- Notes Payables for Q1 2026 stood at $1.3 billion, up from $381.4 million in the prior quarter.
- The five-year high for Notes Payables was $1.4 billion in Q3 2022, with the low at $272.2 million in Q4 2023.
- Historically, Notes Payables has averaged $705.3 million across 5 years, with a median of $496.1 million in 2025.
- Annual changes were most pronounced in 2023 — Notes Payables plunged 77.99% — and 2024, when it jumped 205.09%.
- Mccormick's Notes Payables stood at $1.2 billion in 2022, then sank by 77.99% to $272.2 million in 2023, then surged by 77.48% to $483.1 million in 2024, then decreased by 21.05% to $381.4 million in 2025, then surged by 243.45% to $1.3 billion in 2026.
- The last three Notes Payables figures came in at $1.3 billion (Q1 2026), $381.4 million (Q4 2025), and $496.1 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Paranovus Entertainment Technology | 75,216.52 Bn | 75,216.52 Bn | - |
| 2 | Kraft Heinz | 26.76 Bn | 22.68 Bn | 2.22 Bn |
| 3 | General Mills | 17.79 Bn | 17.02 Bn | 1.37 Bn |
| 4 | Jbs | 13.93 Bn | 9.37 Bn | 2.32 Bn |
| 5 | Hormel Foods | 13.00 Bn | 12.16 Bn | 518.51 Mn |
| 6 | Mccormick | 12.70 Bn | 13.10 Bn | 708.90 Mn |
| 7 | Magnum Ice Cream | 12.17 Bn | 11.70 Bn | - |
| 8 | J M Smucker | 11.05 Bn | 10.99 Bn | 827.80 Mn |
| 9 | Smithfield Foods | 10.57 Bn | 9.49 Bn | 511.00 Mn |
| 10 | Darling Ingredients | 9.44 Bn | 9.48 Bn | 404.92 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Feb 28, 2026 | 1.31 Bn |
| Nov 30, 2025 | 381.40 Mn |
| Aug 31, 2025 | 496.10 Mn |
| May 31, 2025 | 598.90 Mn |
| Feb 28, 2025 | 456.90 Mn |
| Nov 30, 2024 | 483.10 Mn |
| Aug 31, 2024 | 1.18 Bn |
| May 31, 2024 | 352.40 Mn |
| Feb 29, 2024 | 329.50 Mn |
| Nov 30, 2023 | 272.20 Mn |
| Aug 31, 2023 | 387.00 Mn |
| May 31, 2023 | 460.20 Mn |
| Feb 28, 2023 | 1.30 Bn |
| Nov 30, 2022 | 1.24 Bn |
| Aug 31, 2022 | 1.44 Bn |
| May 31, 2022 | 667.00 Mn |
| Feb 28, 2022 | 636.70 Mn |
| Nov 30, 2021 | 539.10 Mn |
| Aug 31, 2021 | 767.40 Mn |
| May 31, 2021 | 457.20 Mn |