Hormel Foods (HRL) Amortizatization of Intangibles (2014 - 2022)
Hormel Foods (HRL) posted quarterly Amortizatization of Intangibles of $11.9 million for Q1 2022, up 23.07% year-over-year from $9.6 million in Q1 2021, and up 287.97% quarter-over-quarter from -$6.3 million in Q4 2021.
Hormel Foods (HRL) Amortizatization of Intangibles (2014 - 2022) Analysis & Trends
Hormel Foods (HRL) has reported Amortizatization of Intangibles for 7 consecutive years, with $11.9 million the latest figure, recorded in Q1 2022.
- In Q1 2022, Amortizatization of Intangibles rose 23.07% year-over-year to $11.9 million; the TTM figure through Jan 2022 stood at $27.8 million (down 33.23% YoY), while the FY2025 annual figure was $22.7 million, down 5.02% from the prior year.
- Amortizatization of Intangibles improved to $11.9 million in Q1 2022 per HRL's latest filing, from -$6.3 million in the prior quarter.
- Across five years, Amortizatization of Intangibles topped out at $13.0 million in Q4 2020 and bottomed at -$6.3 million in Q4 2021.
- Historically, Amortizatization of Intangibles has averaged $8.1 million across 4 years, with a median of $9.7 million in 2020.
- Annual changes were most pronounced in 2020 — Amortizatization of Intangibles jumped 320.23% — and 2021, when it sank 148.65%.
- Hormel Foods' Amortizatization of Intangibles stood at $3.1 million in 2019, then jumped by 320.23% to $13.0 million in 2020, then tumbled by 148.65% to -$6.3 million in 2021, then jumped by 287.97% to $11.9 million in 2022.
- Business Quant data shows HRL's Amortizatization of Intangibles at $11.9 million in Q1 2022, -$6.3 million in Q4 2021, and $12.0 million in Q3 2021.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Amortizatization of Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 30.37 Bn | 27.69 Bn | 2.03 Bn | - |
| 2 | General Mills | 21.49 Bn | 21.03 Bn | 1.60 Bn | - |
| 3 | Mccormick | 14.93 Bn | 14.60 Bn | 778.20 Mn | - |
| 4 | Jbs | 14.80 Bn | 11.34 Bn | 4.91 Bn | - |
| 5 | J M Smucker | 13.21 Bn | 13.15 Bn | 862.10 Mn | - |
| 6 | Hormel Foods | 13.14 Bn | 12.28 Bn | 518.51 Mn | - |
| 7 | Magnum Ice Cream | 12.22 Bn | 11.50 Bn | - | - |
| 8 | Darling Ingredients | 10.40 Bn | 10.24 Bn | 503.37 Mn | - |
| 9 | Smithfield Foods | 8.75 Bn | 7.40 Bn | 478.00 Mn | - |
| 10 | Conagra Brands | 7.86 Bn | 7.64 Bn | 704.10 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 30, 2022 | 11.87 Mn |
| Jan 30, 2022 | 11.87 Mn |
| Oct 31, 2021 | -6.32 Mn |
| Oct 31, 2021 | -6.32 Mn |
| Jul 25, 2021 | 11.95 Mn |
| Jul 25, 2021 | 11.95 Mn |
| Apr 25, 2021 | 10.25 Mn |
| Apr 25, 2021 | 10.25 Mn |
| Jan 24, 2021 | 9.65 Mn |
| Jan 24, 2021 | 9.65 Mn |
| Oct 25, 2020 | 12.99 Mn |
| Oct 25, 2020 | 12.99 Mn |
| Jul 26, 2020 | 9.70 Mn |
| Jul 26, 2020 | 9.70 Mn |
| Apr 26, 2020 | 9.25 Mn |
| Apr 26, 2020 | 9.25 Mn |
| Jan 26, 2020 | 8.14 Mn |
| Jan 26, 2020 | 8.14 Mn |
| Oct 27, 2019 | 3.09 Mn |
| Oct 27, 2019 | 3.09 Mn |