Mccormick (MKC) Notes Payables (2009 - 2026)
Mccormick's (MKC) quarterly Notes Payables came in at $1.3 billion in Q2 2026, up 121.51% on a YoY basis from $598.9 million in Q2 2025, and up 1.27% quarter-over-quarter from $1.3 billion in Q1 2026.
Analysis
Mccormick (MKC) Notes Payables (2009 - 2026) Analysis & Trends
Mccormick (MKC) has reported Notes Payables for 18 consecutive years, with $1.3 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Notes Payables rose 121.51% year-over-year to $1.3 billion; the trailing twelve-month figure through May 2026 stood at $1.3 billion (up 121.51% YoY), and the FY2025 full-year result was $381.4 million, down 21.05% from the prior year.
- Notes Payables advanced to $1.3 billion in Q2 2026 per MKC's latest filing, from $1.3 billion in the prior quarter.
- Across five years, Notes Payables topped out at $1.4 billion in Q3 2022 and bottomed at $272.2 million in Q4 2023.
- Historically, Notes Payables has averaged $739.8 million across 5 years, with a median of $547.5 million in 2025.
- The sharpest annual moves came in 2023 and 2024: Notes Payables sank 77.99% in 2023, then surged 205.09% in 2024.
- Over 5 years, Notes Payables stood at $1.2 billion in 2022, then tumbled by 77.99% to $272.2 million in 2023, then jumped by 77.48% to $483.1 million in 2024, then dropped by 21.05% to $381.4 million in 2025, then soared by 247.82% to $1.3 billion in 2026.
- According to Business Quant data, Notes Payables over the past three periods registered $1.3 billion, $1.3 billion, and $381.4 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 | 29.22 Bn | 26.54 Bn | 2.03 Bn |
| 2 | General Mills | 19.94 Bn | 19.49 Bn | 1.60 Bn |
| 3 | Mccormick | 13.84 Bn | 13.51 Bn | 778.20 Mn |
| 4 | J M Smucker | 13.17 Bn | 13.13 Bn | 979.60 Mn |
| 5 | Hormel Foods | 11.54 Bn | 10.67 Bn | 471.52 Mn |
| 6 | Chewy | 8.46 Bn | 7.94 Bn | 1.01 Bn |
| 7 | Conagra Brands | 7.25 Bn | 7.03 Bn | 704.10 Mn |
| 8 | Lamb Weston Holdings | 6.67 Bn | 6.60 Bn | 361.40 Mn |
| 9 | Campbell'S | 6.51 Bn | 6.10 Bn | 650.00 Mn |
| 10 | Post Holdings | 3.66 Bn | 3.39 Bn | 566.30 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 1.33 Bn |
| 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 |