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| 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 |