Mccormick (MKC) Tax Provisions (2009 - 2026)

Mccormick (MKC) posted Tax Provisions of $63.5 million for Q2 2026, up 30.39% on a QoQ basis from $48.7 million in Q1 2026, and up 28.8% year-over-year from $49.3 million in Q2 2025.

Mccormick (MKC) Tax Provisions (2009 - 2026) Analysis & Trends

Mccormick's Tax Provisions history runs 18 years deep, the most recent figure standing at $63.5 million for Q2 2026.

  • Quarterly Tax Provisions rose 28.8% year-over-year to $63.5 million in Q2 2026, while the trailing twelve-month figure through May 2026 was $217.1 million (up 9.04% YoY) and the FY2025 annual result came in at $195.8 million, up 6.41% from the prior year.
  • Tax Provisions was $63.5 million for Q2 2026 at Mccormick, up from $48.7 million in the prior quarter.
  • Across five years, Tax Provisions topped out at $67.2 million in Q4 2024 and bottomed at $21.7 million in Q2 2022.
  • A 5-year average of $46.4 million and a median of $45.7 million in 2023 frame the typical range for Tax Provisions.
  • Peak annual rise in Tax Provisions reached 88.25% in 2022, while the deepest fall reached 52.2% in 2022.
  • Mccormick's Tax Provisions stood at $53.2 million in 2022, then increased by 7.33% to $57.1 million in 2023, then climbed by 17.69% to $67.2 million in 2024, then retreated by 2.38% to $65.6 million in 2025, then retreated by 3.2% to $63.5 million in 2026.
  • Business Quant data shows MKC's Tax Provisions at $63.5 million in Q2 2026, $48.7 million in Q1 2026, and $65.6 million in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Kraft Heinz 30.05 Bn 26.07 Bn 2.22 Bn 211.00 Mn
2 General Mills 19.11 Bn 18.67 Bn 1.60 Bn -240.40 Mn
3 Hormel Foods 13.78 Bn 12.93 Bn 518.51 Mn 48.69 Mn
4 Mccormick 13.51 Bn 13.76 Bn 778.20 Mn 63.50 Mn
5 Magnum Ice Cream 10.87 Bn 10.35 Bn - -162.97 Mn
6 Smithfield Foods 10.26 Bn 8.88 Bn 511.00 Mn 72.00 Mn
7 Darling Ingredients 10.06 Bn 10.02 Bn 404.92 Mn 38.63 Mn
8 Conagra Brands 6.88 Bn 6.66 Bn 704.10 Mn -545.80 Mn
9 Lamb Weston Holdings 6.84 Bn 6.78 Bn 361.40 Mn 13.90 Mn
10 Pilgrims Pride 6.64 Bn 6.11 Bn 345.49 Mn 30.37 Mn

Historic Data

Download Data
DateValue
May 31, 2026 63.50 Mn
Feb 28, 2026 48.70 Mn
Nov 30, 2025 65.60 Mn
Aug 31, 2025 39.30 Mn
May 31, 2025 49.30 Mn
Feb 28, 2025 41.60 Mn
Nov 30, 2024 67.20 Mn
Aug 31, 2024 41.00 Mn
May 31, 2024 26.20 Mn
Feb 29, 2024 49.60 Mn
Nov 30, 2023 57.10 Mn
Aug 31, 2023 42.70 Mn
May 31, 2023 40.30 Mn
Feb 28, 2023 34.40 Mn
Nov 30, 2022 53.20 Mn
Aug 31, 2022 59.30 Mn
May 31, 2022 21.70 Mn
Feb 28, 2022 34.40 Mn
Nov 30, 2021 57.20 Mn
Aug 31, 2021 31.50 Mn