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 | 30.29 Bn | 26.20 Bn | 2.22 Bn | 211.00 Mn |
| 2 | General Mills | 19.35 Bn | 18.90 Bn | 1.60 Bn | -240.40 Mn |
| 3 | Hormel Foods | 13.90 Bn | 13.04 Bn | 518.51 Mn | 48.69 Mn |
| 4 | Mccormick | 13.45 Bn | 13.12 Bn | 778.20 Mn | 63.50 Mn |
| 5 | Magnum Ice Cream | 10.95 Bn | 10.43 Bn | - | -162.97 Mn |
| 6 | Smithfield Foods | 10.34 Bn | 8.95 Bn | 511.00 Mn | 72.00 Mn |
| 7 | Darling Ingredients | 9.92 Bn | 9.80 Bn | 404.92 Mn | 38.63 Mn |
| 8 | Oatly Group AB | 8.23 Bn | 8.23 Bn | 76.34 Mn | - |
| 9 | Conagra Brands | 7.07 Bn | 6.85 Bn | 704.10 Mn | -545.80 Mn |
| 10 | Lamb Weston Holdings | 6.87 Bn | 6.81 Bn | 331.60 Mn | 30.30 Mn |
Historic Data
Download 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 |