Mccormick (MKC) Total Debt (2009 - 2026)

Mccormick (MKC) posted Total Debt of $3.6 billion for Q2 2026, down 26.74% on a QoQ basis from $4.9 billion in Q1 2026, and down 2.47% year-over-year from $3.7 billion in Q2 2025.

Mccormick (MKC) Total Debt (2009 - 2026) Analysis & Trends

Mccormick's Total Debt history runs 18 years deep, the most recent figure standing at $3.6 billion for 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 was $3.6 billion for Q2 2026 at Mccormick, down from $4.9 billion in the prior quarter.
  • Across five years, Total Debt topped out at $5.4 billion in Q3 2022 and bottomed at $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 fell 29.64% — and 2024, when it rose 19.92%.
  • Mccormick's Total Debt stood at $3.9 billion in 2022, then retreated by 7.69% to $3.6 billion in 2023, then increased by 6.83% to $3.9 billion in 2024, then dropped by 9.63% to $3.5 billion in 2025, then rose by 3.43% to $3.6 billion in 2026.
  • Business Quant data shows MKC's Total Debt at $3.6 billion in Q2 2026, $4.9 billion in Q1 2026, and $3.5 billion in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Total Debt (Qtr)
1 Kraft Heinz 30.05 Bn 26.07 Bn 2.22 Bn 21.13 Bn
2 General Mills 19.11 Bn 18.67 Bn 1.60 Bn 13.47 Bn
3 Hormel Foods 13.78 Bn 12.93 Bn 518.51 Mn 2.86 Bn
4 Mccormick 13.51 Bn 13.76 Bn 778.20 Mn 3.61 Bn
5 Magnum Ice Cream 10.87 Bn 10.35 Bn - 3.85 Bn
6 Smithfield Foods 10.26 Bn 8.88 Bn 511.00 Mn 2.00 Bn
7 Darling Ingredients 10.06 Bn 10.02 Bn 404.92 Mn 4.13 Bn
8 Conagra Brands 6.88 Bn 6.66 Bn 704.10 Mn 7.26 Bn
9 Lamb Weston Holdings 6.84 Bn 6.78 Bn 361.40 Mn 3.92 Bn
10 Pilgrims Pride 6.64 Bn 6.11 Bn 345.49 Mn 3.10 Bn

Historic Data

Download Data
DateValue
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