Mccormick MKC
NYSE MKC
$50.90 -0.58 (-1.13%)
As of: Sep 10, 2026 · 1:43 PM EDT

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

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