Mccormick (MKC) Notes Payables (2009 - 2026)
Mccormick's Notes Payables came in at $1.33 billion for fiscal Q2 2026 (quarter ended May 31, 2026), up 121.5% from $598.9 million a year earlier and up 1.3% from the prior quarter.
Mccormick (MKC) Notes Payables (2009 - 2026) Analysis & Trends
At the end of FY2025 (ended Nov 30, 2025), Mccormick's Notes Payables was $381.4 million, down 21.1% from FY2024.
- Notes Payables carries a five-year compound annual growth rate of -15.5% (FY2020 to FY2025).
- Going back by fiscal year, Notes Payables was $483.1 million in FY2024 (+77.5%), $272.2 million in FY2023 (-78.0%), $1.24 billion in FY2022 (+129.4%) and $539.1 million in FY2021 (-39.2%).
- The fiscal Q2 2026 figure represents the highest quarterly Notes Payables since fiscal Q3 2022.
- Year-over-year, Notes Payables increased in six of the last eight quarters, with growth averaging 77.5%.
- The fastest year-over-year change in Notes Payables over five years came in fiscal Q3 2021 (growth of 357.3%), and the weakest in fiscal Q4 2023 (a decline of 78.0%).
- Business Quant data shows MKC's Notes Payables at $1.31 billion (Q1 2026), $381.4 million (Q4 2025) and $496.1 million (Q3 2025) in the three fiscal quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Unilever | 133.59 Bn | 108.95 Bn | - |
| 2 | Mondelez International | 75.71 Bn | 69.03 Bn | 3.99 Bn |
| 3 | Hershey | 32.64 Bn | 28.88 Bn | 1.26 Bn |
| 4 | Kraft Heinz | 27.82 Bn | 14.35 Bn | 2.03 Bn |
| 5 | General Mills | 18.09 Bn | 15.75 Bn | 1.49 Bn |
| 6 | Mccormick | 13.03 Bn | 12.90 Bn | 778.20 Mn |
| 7 | J M Smucker | 12.89 Bn | 12.68 Bn | 979.60 Mn |
| 8 | Hormel Foods | 10.92 Bn | 7.61 Bn | 471.52 Mn |
| 9 | Chewy | 7.33 Bn | 4.62 Bn | 1.01 Bn |
| 10 | Conagra Brands | 6.75 Bn | 5.73 Bn | 704.10 Mn |
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 |
Mccormick Notes Payables API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=notes-payables&ticker=MKC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "notes-payables", "ticker": "MKC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=notes-payables&ticker=MKC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();