Mccormick (MKC) Notes Payables (2009 - 2026)

Mccormick (MKC) posted Notes Payables of $1.3 billion for Q2 2026, up 1.27% on a QoQ basis from $1.3 billion in Q1 2026, and up 121.51% year-over-year from $598.9 million in Q2 2025.

Mccormick (MKC) Notes Payables (2009 - 2026) Analysis & Trends

Mccormick's Notes Payables history runs 18 years deep, the most recent figure standing at $1.3 billion for Q2 2026.

  • Quarterly Notes Payables rose 121.51% year-over-year to $1.3 billion in Q2 2026, while the trailing twelve-month figure through May 2026 was $1.3 billion (up 121.51% YoY) and the FY2025 annual result came in at $381.4 million, down 21.05% from the prior year.
  • Notes Payables was $1.3 billion for Q2 2026 at Mccormick, up 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.
  • A 5-year average of $739.8 million and a median of $547.5 million in 2025 frame the typical range for Notes Payables.
  • Annual changes were most pronounced in 2023 — Notes Payables tumbled 77.99% — and 2024, when it jumped 205.09%.
  • Mccormick's 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.
  • Business Quant data shows MKC's Notes Payables at $1.3 billion in Q2 2026, $1.3 billion in Q1 2026, and $381.4 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
DateValue
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