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| 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 |