Mccormick (MKC) Total Debt (2009 - 2026)
Mccormick's (MKC) quarterly Total Debt came in at $3.6 billion in Q2 2026, down 2.47% YoY from $3.7 billion in Q2 2025, and down 26.74% on a QoQ basis from $4.9 billion in Q1 2026.
Mccormick (MKC) Total Debt (2009 - 2026) Analysis & Trends
Mccormick (MKC) has 18 years of Total Debt data on file, last reported at $3.6 billion in Q2 2026.
- Quarterly Total Debt fell 2.47% year-over-year to $3.6 billion in Q2 2026, while the trailing twelve-month figure through May 2026 was $3.6 billion (down 2.47% YoY) and the FY2025 annual result came in at $3.5 billion, down 9.63% from the prior year.
- Total Debt declined to $3.6 billion in Q2 2026, from $4.9 billion in the prior quarter.
- In the past five years, Total Debt ranged from a high of $5.4 billion in Q3 2022 to a low of $3.5 billion in Q4 2025.
- A 5-year average of $4.4 billion and a median of $4.5 billion in 2024 frame the typical range for Total Debt.
- Annual changes were most pronounced in 2023 — Total Debt slipped 29.64% — and 2024, when it climbed 19.92%.
- Tracing MKC's Total Debt over 5 years: stood at $3.9 billion in 2022, then declined by 7.69% to $3.6 billion in 2023, then climbed by 6.83% to $3.9 billion in 2024, then decreased by 9.63% to $3.5 billion in 2025, then grew by 3.43% to $3.6 billion in 2026.
- The last three Total Debt figures came in at $3.6 billion (Q2 2026), $4.9 billion (Q1 2026), and $3.5 billion (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 30.37 Bn | 27.69 Bn | 2.03 Bn | 19.00 Bn |
| 2 | General Mills | 21.49 Bn | 21.03 Bn | 1.60 Bn | 14.52 Bn |
| 3 | Mccormick | 14.93 Bn | 14.60 Bn | 778.20 Mn | 4.93 Bn |
| 4 | Jbs | 14.80 Bn | 11.34 Bn | 4.91 Bn | 22.65 Bn |
| 5 | J M Smucker | 13.21 Bn | 13.15 Bn | 862.10 Mn | 6.96 Bn |
| 6 | Hormel Foods | 13.14 Bn | 12.28 Bn | 518.51 Mn | 2.86 Bn |
| 7 | Magnum Ice Cream | 12.22 Bn | 11.50 Bn | - | 4.04 Bn |
| 8 | Darling Ingredients | 10.40 Bn | 10.24 Bn | 503.37 Mn | 3.95 Bn |
| 9 | Smithfield Foods | 8.75 Bn | 7.40 Bn | 478.00 Mn | 2.00 Bn |
| 10 | Conagra Brands | 7.86 Bn | 7.64 Bn | 704.10 Mn | 8.01 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| May 31, 2026 | 3.61 Bn |
| Feb 28, 2026 | 4.92 Bn |
| Nov 30, 2025 | 3.49 Bn |
| Aug 31, 2025 | 4.62 Bn |
| May 31, 2025 | 3.70 Bn |
| Feb 28, 2025 | 4.31 Bn |
| Nov 30, 2024 | 3.86 Bn |
| Aug 31, 2024 | 4.52 Bn |
| May 31, 2024 | 4.90 Bn |
| Feb 29, 2024 | 4.46 Bn |
| Nov 30, 2023 | 3.61 Bn |
| Aug 31, 2023 | 3.77 Bn |
| May 31, 2023 | 4.58 Bn |
| Feb 28, 2023 | 4.92 Bn |
| Nov 30, 2022 | 3.91 Bn |
| Aug 31, 2022 | 5.36 Bn |
| May 31, 2022 | 5.36 Bn |
| Feb 28, 2022 | 4.74 Bn |
| Nov 30, 2021 | 5.51 Bn |
| Aug 31, 2021 | 5.52 Bn |