Mccormick (MKC) Other Working Capital Changes (2020 - 2026)
Mccormick (MKC) recorded Other Working Capital Changes of $54 million in fiscal Q2 2026 (quarter ended May 31, 2026), down 59.9% from $134.5 million a year earlier and down 62.9% from the prior quarter.
Mccormick (MKC) Other Working Capital Changes (2020 - 2026) Analysis & Trends
On a TTM basis, Mccormick's Other Working Capital Changes came in at $74.4 million as of May 31, 2026, down 10.1% year-over-year; for FY2025 (ended Nov 30, 2025), it came in at $94.2 million, up 29.8% from FY2024.
- Across earlier fiscal years, Other Working Capital Changes came in at $72.6 million in FY2024, -$109 million in FY2023, $129.9 million in FY2022 (+59.6%) and $81.4 million in FY2021.
- Quarterly Other Working Capital Changes has ranged from -$152.6 million in fiscal Q4 2023 to $185.5 million in fiscal Q1 2022 over the past five years.
- On a year-over-year basis, Other Working Capital Changes rose in two of the last four quarters, with growth averaging 7.3%.
- Peak year-over-year performance for Other Working Capital Changes in the last five years was growth of 132.5% in fiscal Q1 2024, against a decline of 73.1% in fiscal Q1 2023 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $145.6 million (Q1 2026), -$87 million (Q4 2025) and -$38.2 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Unilever | 132.43 Bn | 107.80 Bn | - |
| 2 | Mondelez International | 73.80 Bn | 67.12 Bn | 3.99 Bn |
| 3 | Hershey | 31.86 Bn | 28.11 Bn | 1.26 Bn |
| 4 | Kraft Heinz | 26.96 Bn | 13.49 Bn | 2.03 Bn |
| 5 | General Mills | 17.20 Bn | 14.85 Bn | 1.49 Bn |
| 6 | J M Smucker | 12.70 Bn | 12.49 Bn | 979.60 Mn |
| 7 | Mccormick | 12.49 Bn | 12.36 Bn | 778.20 Mn |
| 8 | Hormel Foods | 10.97 Bn | 7.66 Bn | 471.52 Mn |
| 9 | Chewy | 7.31 Bn | 4.59 Bn | 1.01 Bn |
| 10 | Conagra Brands | 6.43 Bn | 5.74 Bn | 618.70 Mn |
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 54.00 Mn |
| Feb 28, 2026 | 145.60 Mn |
| Nov 30, 2025 | -87.00 Mn |
| Aug 31, 2025 | -38.20 Mn |
| May 31, 2025 | 134.50 Mn |
| Feb 28, 2025 | 84.90 Mn |
| Nov 30, 2024 | -129.50 Mn |
| Aug 31, 2024 | -7.10 Mn |
| May 31, 2024 | 93.20 Mn |
| Feb 29, 2024 | 116.00 Mn |
| Nov 30, 2023 | -152.60 Mn |
| Aug 31, 2023 | -14.60 Mn |
| May 31, 2023 | 8.30 Mn |
| Feb 28, 2023 | 49.90 Mn |
| Nov 30, 2022 | -79.70 Mn |
| Aug 31, 2022 | 6.90 Mn |
| May 31, 2022 | 17.20 Mn |
| Feb 28, 2022 | 185.50 Mn |
| Nov 30, 2021 | -113.80 Mn |
| Aug 31, 2021 | -4.80 Mn |
Mccormick Other Working Capital Changes 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=other-working-capital-changes&ticker=MKC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "other-working-capital-changes", "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=other-working-capital-changes&ticker=MKC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();