Mccormick (MKC) Tax Provisions (2009 - 2026)
Mccormick's (MKC) quarterly Tax Provisions came in at $63.5 million in Q2 2026, up 28.8% on a YoY basis from $49.3 million in Q2 2025, and up 30.39% quarter-over-quarter from $48.7 million in Q1 2026.
Analysis
Mccormick (MKC) Tax Provisions (2009 - 2026) Analysis & Trends
Mccormick (MKC) has reported Tax Provisions for 18 consecutive years, with $63.5 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Tax Provisions rose 28.8% year-over-year to $63.5 million; the trailing twelve-month figure through May 2026 stood at $217.1 million (up 9.04% YoY), and the FY2025 full-year result was $195.8 million, up 6.41% from the prior year.
- Tax Provisions climbed to $63.5 million in Q2 2026 per MKC's latest filing, 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.
- Historically, Tax Provisions has averaged $46.4 million across 5 years, with a median of $45.7 million in 2023.
- The widest YoY moves for Tax Provisions: up 88.25% in 2022, down 52.2% in 2022.
- Over 5 years, 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 slipped by 3.2% to $63.5 million in 2026.
- According to Business Quant data, Tax Provisions over the past three periods registered $63.5 million, $48.7 million, and $65.6 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 29.05 Bn | 26.37 Bn | 2.03 Bn | -916.00 Mn |
| 2 | General Mills | 19.40 Bn | 18.95 Bn | 1.60 Bn | -240.40 Mn |
| 3 | Mccormick | 13.73 Bn | 13.40 Bn | 778.20 Mn | 63.50 Mn |
| 4 | J M Smucker | 13.04 Bn | 13.00 Bn | 979.60 Mn | 103.60 Mn |
| 5 | Hormel Foods | 11.44 Bn | 10.57 Bn | 471.52 Mn | 43.64 Mn |
| 6 | Chewy | 8.79 Bn | 8.27 Bn | 1.01 Bn | 36.50 Mn |
| 7 | Conagra Brands | 7.06 Bn | 6.84 Bn | 704.10 Mn | -545.80 Mn |
| 8 | Lamb Weston Holdings | 6.61 Bn | 6.54 Bn | 361.40 Mn | 13.90 Mn |
| 9 | Campbell'S | 6.24 Bn | 5.84 Bn | 650.00 Mn | 35.00 Mn |
| 10 | Post Holdings | 3.62 Bn | 3.35 Bn | 566.30 Mn | 23.10 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |