Mccormick (MKC) Operating Expenses (2009 - 2026)
Mccormick's (MKC) quarterly Operating Expenses came in at $441.8 million in Q2 2026, up 21.31% YoY from $364.2 million in Q2 2025, and down 3.18% on a QoQ basis from $456.3 million in Q1 2026.
Mccormick (MKC) Operating Expenses (2009 - 2026) Analysis & Trends
Mccormick (MKC) has 18 years of Operating Expenses data on file, last reported at $441.8 million in 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 eased to $441.8 million in Q2 2026, from $456.3 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $456.3 million in Q1 2026 to a low of $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 retreated 13.57% — and 2026, when it rose 21.31%.
- Tracing MKC's Operating Expenses over 5 years: stood at $346.5 million in 2022, then increased by 12.55% to $390.0 million in 2023, then increased by 6.26% to $414.4 million in 2024, then slipped by 2.32% to $404.8 million in 2025, then grew by 9.14% to $441.8 million in 2026.
- The last three Operating Expenses figures came in at $441.8 million (Q2 2026), $456.3 million (Q1 2026), and $404.8 million (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 30.23 Bn | 27.54 Bn | 2.03 Bn | 8.46 Bn |
| 2 | General Mills | 21.36 Bn | 20.90 Bn | 1.60 Bn | 3.70 Bn |
| 3 | Mccormick | 14.89 Bn | 14.56 Bn | 778.20 Mn | 441.80 Mn |
| 4 | Jbs | 14.54 Bn | 11.07 Bn | 4.91 Bn | 3.83 Bn |
| 5 | Hormel Foods | 13.26 Bn | 12.40 Bn | 518.51 Mn | 318.62 Mn |
| 6 | J M Smucker | 13.17 Bn | 13.11 Bn | 862.10 Mn | 362.30 Mn |
| 7 | Magnum Ice Cream | 12.10 Bn | 11.38 Bn | - | - |
| 8 | Darling Ingredients | 10.78 Bn | 10.62 Bn | 503.37 Mn | 1.52 Bn |
| 9 | Smithfield Foods | 8.77 Bn | 7.42 Bn | 478.00 Mn | 191.00 Mn |
| 10 | Conagra Brands | 7.80 Bn | 7.58 Bn | 704.10 Mn | 401.10 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 |