Hormel Foods (HRL) Change in Inventory (2010 - 2026)

Hormel Foods' (HRL) quarterly Change in Inventory came in at $114.4 million in Q2 2026, down 45.91% year-on-year from $211.5 million in Q2 2025, and up 225.31% on a QoQ basis from -$91.3 million in Q1 2026.

Hormel Foods (HRL) Change in Inventory (2010 - 2026) Analysis & Trends

Hormel Foods (HRL) has 17 years of Change in Inventory data on file, last reported at $114.4 million in Q2 2026.

  • On a quarterly basis, Change in Inventory fell 45.91% year-over-year to $114.4 million in Q2 2026; TTM through Apr 2026 was $39.5 million, a 41.94% decrease from a year earlier, with the FY2025 full-year figure at $172.3 million, up 280.8% from the prior year.
  • Change in Inventory for Q2 2026 stood at $114.4 million, up from -$91.3 million in the prior quarter.
  • Over the last five years, Change in Inventory for HRL reached as high as $211.5 million in Q2 2025 and fell as low as -$103.9 million in Q1 2024.
  • Historically, Change in Inventory has averaged $23.1 million across 5 years, with a median of $13.7 million in 2023.
  • On a YoY basis, Change in Inventory climbed as much as 520.87% in 2024 and fell as far as 983.0% in 2024.
  • Year by year, Change in Inventory stood at $40.4 million in 2022, then slumped by 239.4% to -$56.2 million in 2023, then slipped by 15.0% to -$64.7 million in 2024, then retreated by 15.65% to -$74.8 million in 2025, then jumped by 252.92% to $114.4 million in 2026.
  • Per Business Quant data, the three most recent Change in Inventory figures were $114.4 million in Q2 2026, -$91.3 million in Q1 2026, and -$74.8 million in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Inventory (Qtr)
1 Kraft Heinz 30.05 Bn 26.07 Bn 2.22 Bn 195.00 Mn
2 General Mills 19.11 Bn 18.67 Bn 1.60 Bn 222.80 Mn
3 Hormel Foods 13.78 Bn 12.93 Bn 518.51 Mn 114.40 Mn
4 Mccormick 13.51 Bn 13.76 Bn 778.20 Mn 41.40 Mn
5 Magnum Ice Cream 10.87 Bn 10.35 Bn - -57.04 Mn
6 Smithfield Foods 10.26 Bn 8.88 Bn 511.00 Mn -
7 Darling Ingredients 10.06 Bn 10.02 Bn 404.92 Mn 55.36 Mn
8 Conagra Brands 6.88 Bn 6.66 Bn 704.10 Mn -
9 Lamb Weston Holdings 6.84 Bn 6.78 Bn 361.40 Mn -123.00 Mn
10 Pilgrims Pride 6.64 Bn 6.11 Bn 345.49 Mn 16.03 Mn

Historic Data

Download Data
DateValue
Apr 26, 2026 114.40 Mn
Apr 26, 2026 114.40 Mn
Jan 25, 2026 -91.29 Mn
Jan 25, 2026 -91.29 Mn
Oct 26, 2025 -74.81 Mn
Oct 26, 2025 -74.81 Mn
Jul 27, 2025 91.18 Mn
Jul 27, 2025 91.18 Mn
Apr 27, 2025 211.51 Mn
Apr 27, 2025 211.51 Mn
Jan 26, 2025 -55.61 Mn
Jan 26, 2025 -55.61 Mn
Oct 27, 2024 -64.69 Mn
Oct 27, 2024 -64.69 Mn
Jul 28, 2024 -23.21 Mn
Jul 28, 2024 -23.21 Mn
Apr 28, 2024 96.51 Mn
Apr 28, 2024 96.51 Mn
Jan 28, 2024 -103.89 Mn
Jan 28, 2024 -103.89 Mn