Total Liabilities for McCormick & Company (MKC)
According to McCormick & Company's latest reported financial statements, the company's latest reported total liabilities is $8.79B USD. Total liabilities sum everything the company owes at the end of each reporting period — accounts payable, accrued expenses, debt, lease obligations, and other claims — as filed on the balance sheet. Compare with total assets and net assets for solvency context.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
Currently viewingTotal LiabilitiesSwitch metric
Latest period
$8.79B
YoY change
-4.1%
5Y CAGR
-1.8%
Peak year (2021)
$8.48B
Latest annual
$7.43B
Total Liabilities history chart for McCormick & Company (MKC) from 1985 to 2025
Total Liabilities history table for McCormick & Company (MKC) from 1985 to 2025
| Fiscal year | Period ended | Reported | Total Liabilities | YoY |
|---|---|---|---|---|
| 2025 | $7.43B | -4.1% | ||
| 2024 | $7.75B | -0.3% | ||
| 2023 | $7.78B | -7.7% | ||
| 2022 | $8.43B | -0.6% | ||
| 2021 | $8.48B | +4.1% | ||
| 2020 | $8.15B | +18.0% | ||
| 2019 | $6.91B | -2.4% | ||
| 2018 | $7.07B | -9.5% | ||
| 2017 | $7.81B | +160.7% | ||
| 2016 | $3.00B | +7.6% | ||
| 2015 | $2.79B | +6.9% | ||
| 2014 | $2.60B | +4.1% | ||
| 2013 | $2.50B | +1.5% | ||
| 2012 | $2.47B | -0.2% | ||
| 2011 | $2.47B | +26.2% | ||
| 2010 | $1.96B | -4.3% | ||
| 2009 | $2.04B | -5.6% | ||
| 2008 | $2.17B | +27.2% | ||
| 2007 | $1.70B | +4.4% | ||
| 2006 | $1.63B | +13.0% | ||
| 2005 | $1.44B | -0.4% | ||
| 2004 | $1.45B | +5.9% | ||
| 2003 | $1.37B | +2.2% | ||
| 2002 | $1.34B | +2.3% | ||
| 2001 | $1.31B | +0.6% | ||
| 2000 | $1.30B | +61.3% | ||
| 1999 | $806.40M | -7.4% | ||
| 1998 | $871.00M | +0.9% | ||
| 1997 | $863.10M | -1.5% | ||
| 1996 | $876.60M | -19.9% | ||
| 1995 | $1.09B | +1.5% | ||
| 1994 | $1.08B | +27.4% | ||
| 1993 | $846.40M | +22.1% | ||
| 1992 | $693.00M | +7.8% | ||
| 1991 | $642.80M | +10.4% | ||
| 1990 | $582.50M | +12.4% | ||
| 1989 | $518.30M | +8.8% | ||
| 1988 | $476.20M | +8.8% | ||
| 1987 | $437.70M | +22.4% | ||
| 1986 | $357.60M | +11.2% | ||
| 1985 | $321.50M | — |
Total Liabilities values are taken from McCormick & Company's reported balance sheets (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
The 2025 reading of McCormick & Company (MKC) total liabilities is $7.43B – edged down 4.1% year-over-year.
McCormick & Company total liabilities compound annual growth for the 2020–2025 (5 years) window is -1.8%, with a net decline across the window.
2021 marks the peak total liabilities at $8.48B, with the historical low of $321.50M recorded in 1985.
McCormick & Company (MKC) sits 8th of 8 Consumer Defensive peers we track on this metric, against a peer median of $71.74B.
McCormick & Company Total Liabilities by Year
McCormick & Company Total Liabilities 2025: $7.43B
McCormick & Company total liabilities in 2025 was $7.43B, edged down 4.1% below 2024.
McCormick & Company Total Liabilities 2024: $7.75B
McCormick & Company total liabilities in 2024 was $7.75B, edged down 0.3% below 2023.
McCormick & Company Total Liabilities 2023: $7.78B
McCormick & Company total liabilities in 2023 was $7.78B, declined 7.7% below 2022.
McCormick & Company Total Liabilities 2022: $8.43B
McCormick & Company total liabilities in 2022 was $8.43B, edged down 0.6% below 2021.
McCormick & Company Total Liabilities 2021: $8.48B
McCormick & Company total liabilities in 2021 was $8.48B.
See more financial history for McCormick & Company (MKC).
Sector peers — Total Liabilities
Companies in the same sector as McCormick & Company, ranked by their latest total liabilities.
| Company | Total Liabilities | Sector |
|---|---|---|
| Walmart Inc. (WMT) | $178.49B | Consumer Defensive |
| PepsiCo, Inc. (PEP) | $86.85B | Consumer Defensive |
| Philip Morris International Inc. (PM) | $77.21B | Consumer Defensive |
| The Procter & Gamble Company (PG) | $72.95B | Consumer Defensive |
| The Coca-Cola Company (KO) | $70.54B | Consumer Defensive |
| Costco Wholesale Corporation (COST) | $47.94B | Consumer Defensive |
| Altria Group, Inc. (MO) | $38.47B | Consumer Defensive |
| Monster Beverage Corporation (MNST) | $1.73B | Consumer Defensive |
Frequently asked questions
What is McCormick & Company's total liabilities?
- Latest reported total liabilities for McCormick & Company (MKC) is $8.79B (period ending February 28, 2026).
How has McCormick & Company total liabilities changed year-over-year?
- McCormick & Company (MKC) total liabilities changed -4.1% year-over-year on the latest annual filing.
What is the long-term growth rate of McCormick & Company total liabilities?
- McCormick & Company (MKC) total liabilities compound annual growth rate is -1.8% over the most recent 5 years available.
When did McCormick & Company total liabilities hit its highest annual value?
- McCormick & Company total liabilities reached its highest annual value of $8.48B in 2021.
What was McCormick & Company total liabilities in 2024?
- McCormick & Company (MKC) total liabilities in 2024 was $7.75B.
What was McCormick & Company total liabilities in 2025?
- McCormick & Company (MKC) total liabilities in 2025 was $7.43B.
Metrics overview
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