Mccormick (MKC) Tax Provisions (2009 - 2026)
Mccormick's (MKC) quarterly Tax Provisions came in at $63.5 million in Q2 2026, up 28.8% YoY from $49.3 million in Q2 2025, and up 30.39% on a QoQ basis from $48.7 million in Q1 2026.
Mccormick (MKC) Tax Provisions (2009 - 2026) Analysis & Trends
Mccormick (MKC) has 18 years of Tax Provisions data on file, last reported at $63.5 million in 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 rose to $63.5 million in Q2 2026, from $48.7 million in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of $67.2 million in Q4 2024 to a low of $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.
- The widest YoY moves for Tax Provisions: up 88.25% in 2022, down 52.2% in 2022.
- Tracing MKC's Tax Provisions over 5 years: stood at $53.2 million in 2022, then climbed by 7.33% to $57.1 million in 2023, then gained by 17.69% to $67.2 million in 2024, then declined by 2.38% to $65.6 million in 2025, then declined by 3.2% to $63.5 million in 2026.
- The last three Tax Provisions figures came in at $63.5 million (Q2 2026), $48.7 million (Q1 2026), and $65.6 million (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 30.28 Bn | 27.60 Bn | 2.03 Bn | -916.00 Mn |
| 2 | General Mills | 21.38 Bn | 20.93 Bn | 1.60 Bn | -240.40 Mn |
| 3 | Mccormick | 15.02 Bn | 14.69 Bn | 778.20 Mn | 63.50 Mn |
| 4 | Jbs | 14.87 Bn | 11.40 Bn | 4.91 Bn | -125.91 Mn |
| 5 | J M Smucker | 13.22 Bn | 13.16 Bn | 862.10 Mn | -60.50 Mn |
| 6 | Hormel Foods | 13.16 Bn | 12.30 Bn | 518.51 Mn | 48.69 Mn |
| 7 | Magnum Ice Cream | 12.13 Bn | 11.41 Bn | - | - |
| 8 | Darling Ingredients | 10.35 Bn | 10.19 Bn | 503.37 Mn | 110.64 Mn |
| 9 | Smithfield Foods | 8.77 Bn | 7.42 Bn | 478.00 Mn | 64.00 Mn |
| 10 | Conagra Brands | 7.83 Bn | 7.61 Bn | 704.10 Mn | -545.80 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 |