Mccormick (MKC) Operating Expenses (2009 - 2026)
Mccormick (MKC) posted Operating Expenses of $441.8 million for Q2 2026, down 3.18% on a QoQ basis from $456.3 million in Q1 2026, and up 21.31% year-over-year from $364.2 million in Q2 2025.
Mccormick (MKC) Operating Expenses (2009 - 2026) Analysis & Trends
Mccormick's Operating Expenses history runs 18 years deep, the most recent figure standing at $441.8 million for Q2 2026.
- Quarterly Operating Expenses rose 21.31% year-over-year to $441.8 million in Q2 2026, while the trailing twelve-month figure through May 2026 was $1.7 billion (up 8.99% YoY) and the FY2025 annual result came in at $1.5 billion, down 1.37% from the prior year.
- Operating Expenses was $441.8 million for Q2 2026 at Mccormick, down from $456.3 million in the prior quarter.
- Across five years, Operating Expenses topped out at $456.3 million in Q1 2026 and bottomed at $328.1 million in Q3 2022.
- A 5-year average of $375.4 million and a median of $368.0 million in 2023 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2022 — Operating Expenses dropped 13.57% — and 2026, when it climbed 21.31%.
- Mccormick's Operating Expenses stood at $346.5 million in 2022, then gained by 12.55% to $390.0 million in 2023, then gained by 6.26% to $414.4 million in 2024, then declined by 2.32% to $404.8 million in 2025, then rose by 9.14% to $441.8 million in 2026.
- Business Quant data shows MKC's Operating Expenses at $441.8 million in Q2 2026, $456.3 million in Q1 2026, and $404.8 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 30.29 Bn | 26.20 Bn | 2.22 Bn | 1.07 Bn |
| 2 | General Mills | 19.35 Bn | 18.90 Bn | 1.60 Bn | 3.70 Bn |
| 3 | Hormel Foods | 13.90 Bn | 13.04 Bn | 518.51 Mn | 318.62 Mn |
| 4 | Mccormick | 13.45 Bn | 13.12 Bn | 778.20 Mn | 441.80 Mn |
| 5 | Magnum Ice Cream | 10.95 Bn | 10.43 Bn | - | - |
| 6 | Smithfield Foods | 10.34 Bn | 8.95 Bn | 511.00 Mn | 180.00 Mn |
| 7 | Darling Ingredients | 9.92 Bn | 9.80 Bn | 404.92 Mn | 1.43 Bn |
| 8 | Oatly Group AB | 8.23 Bn | 8.23 Bn | 76.34 Mn | -88.35 Mn |
| 9 | Conagra Brands | 7.07 Bn | 6.85 Bn | 704.10 Mn | 401.10 Mn |
| 10 | Lamb Weston Holdings | 6.87 Bn | 6.81 Bn | 331.60 Mn | 205.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| May 31, 2026 | 441.80 Mn |
| Feb 28, 2026 | 456.30 Mn |
| Nov 30, 2025 | 404.80 Mn |
| Aug 31, 2025 | 352.50 Mn |
| May 31, 2025 | 364.20 Mn |
| Feb 28, 2025 | 378.80 Mn |
| Nov 30, 2024 | 414.40 Mn |
| Aug 31, 2024 | 361.50 Mn |
| May 31, 2024 | 383.70 Mn |
| Feb 29, 2024 | 361.60 Mn |
| Nov 30, 2023 | 390.00 Mn |
| Aug 31, 2023 | 371.70 Mn |
| May 31, 2023 | 380.50 Mn |
| Feb 28, 2023 | 336.10 Mn |
| Nov 30, 2022 | 346.50 Mn |
| Aug 31, 2022 | 328.10 Mn |
| May 31, 2022 | 350.70 Mn |
| Feb 28, 2022 | 334.00 Mn |
| Nov 30, 2021 | 400.90 Mn |
| Aug 31, 2021 | 328.60 Mn |