Mccormick (MKC) Short term Debt (2009 - 2026)
Mccormick's (MKC) quarterly Short term Debt came in at $9.5 million in Q2 2026, down 98.41% YoY from $598.9 million in Q2 2025, and down 99.27% on a QoQ basis from $1.3 billion in Q1 2026.
Mccormick (MKC) Short term Debt (2009 - 2026) Analysis & Trends
Mccormick (MKC) has 18 years of Short term Debt data on file, last reported at $9.5 million in Q2 2026.
- Quarterly Short term Debt fell 98.41% year-over-year to $9.5 million in Q2 2026, while the trailing twelve-month figure through May 2026 was $9.5 million (down 98.41% YoY) and the FY2025 annual result came in at $381.4 million, up 43.82% from the prior year.
- Short term Debt eased to $9.5 million in Q2 2026, from $1.3 billion in the prior quarter.
- In the past five years, Short term Debt ranged from a high of $1.4 billion in Q3 2022 to a low of $9.5 million in Q2 2026.
- A 5-year average of $646.9 million and a median of $529.6 million in 2023 frame the typical range for Short term Debt.
- Annual changes were most pronounced in 2024 — Short term Debt jumped 205.09% — and 2026, when it slumped 98.41%.
- Tracing MKC's Short term Debt over 5 years: stood at $270.6 million in 2022, then advanced by 0.59% to $272.2 million in 2023, then slipped by 2.57% to $265.2 million in 2024, then soared by 43.82% to $381.4 million in 2025, then plunged by 97.51% to $9.5 million in 2026.
- The last three Short term Debt figures came in at $9.5 million (Q2 2026), $1.3 billion (Q1 2026), and $381.4 million (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Kraft Heinz | 30.31 Bn | 27.63 Bn | 2.03 Bn |
| 2 | General Mills | 21.40 Bn | 20.95 Bn | 1.60 Bn |
| 3 | Mccormick | 15.06 Bn | 14.73 Bn | 778.20 Mn |
| 4 | Jbs | 14.86 Bn | 11.39 Bn | 4.91 Bn |
| 5 | J M Smucker | 13.22 Bn | 13.16 Bn | 862.10 Mn |
| 6 | Hormel Foods | 13.16 Bn | 12.30 Bn | 518.51 Mn |
| 7 | Magnum Ice Cream | 12.13 Bn | 11.41 Bn | - |
| 8 | Darling Ingredients | 10.57 Bn | 10.41 Bn | 503.37 Mn |
| 9 | Smithfield Foods | 8.76 Bn | 7.41 Bn | 478.00 Mn |
| 10 | Conagra Brands | 7.84 Bn | 7.62 Bn | 704.10 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| May 31, 2026 | 9.50 Mn |
| Feb 28, 2026 | 1.31 Bn |
| Nov 30, 2025 | 381.40 Mn |
| Aug 31, 2025 | 757.30 Mn |
| May 31, 2025 | 598.90 Mn |
| Feb 28, 2025 | 456.90 Mn |
| Nov 30, 2024 | 265.20 Mn |
| Aug 31, 2024 | 1.18 Bn |
| May 31, 2024 | 786.60 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 | 270.60 Mn |
| Aug 31, 2022 | 1.44 Bn |
| May 31, 2022 | 667.00 Mn |
| Feb 28, 2022 | 770.80 Mn |
| Nov 30, 2021 | 770.30 Mn |
| Aug 31, 2021 | 767.40 Mn |