Hormel Foods (HRL) Change in Inventory (2009 - 2026)
Hormel Foods' (HRL) quarterly Change in Inventory came in at $57.4 million in Q3 2026, down 37.01% year-over-year from $91.2 million in Q3 2025, and down 49.8% quarter-over-quarter from $114.4 million in Q2 2026.
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Hormel Foods (HRL) Change in Inventory (2009 - 2026) Analysis & Trends
Hormel Foods (HRL) has reported Change in Inventory for 18 consecutive years, with $57.4 million the latest figure, recorded in Q3 2026.
- On a quarterly basis, Change in Inventory fell 37.01% year-over-year to $57.4 million in Q3 2026; TTM through Jul 2026 was $5.7 million, a 96.86% 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 was $57.4 million for Q3 2026 at Hormel Foods, down from $114.4 million in the prior quarter.
- Over five years, Change in Inventory peaked at $211.5 million in Q2 2025 and troughed at -$103.9 million in Q1 2024.
- A 5-year average of $24.9 million and a median of $15.5 million in 2023 frame the typical range for Change in Inventory.
- The widest YoY moves for Change in Inventory: up 520.87% in 2024, down 983.0% in 2024.
- Over 5 years, Change in Inventory stood at $40.4 million in 2022, then slumped by 239.4% to -$56.2 million in 2023, then declined by 15.0% to -$64.7 million in 2024, then slipped by 15.65% to -$74.8 million in 2025, then jumped by 176.77% to $57.4 million in 2026.
- The last three Change in Inventory figures came in at $57.4 million (Q3 2026), $114.4 million (Q2 2026), and -$91.3 million (Q1 2026), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Unilever | 137.23 Bn | 132.65 Bn | - | - |
| 2 | Mondelez International | 77.96 Bn | 76.29 Bn | 3.99 Bn | 330.00 Mn |
| 3 | Hershey | 34.06 Bn | 33.27 Bn | 1.26 Bn | 314.42 Mn |
| 4 | Kraft Heinz | 28.45 Bn | 25.88 Bn | 2.03 Bn | 33.00 Mn |
| 5 | General Mills | 18.94 Bn | 18.49 Bn | 1.60 Bn | 222.80 Mn |
| 6 | Mccormick | 13.30 Bn | 13.55 Bn | 778.20 Mn | 41.40 Mn |
| 7 | J M Smucker | 12.94 Bn | 12.90 Bn | 979.60 Mn | 61.10 Mn |
| 8 | Hormel Foods | 11.19 Bn | 10.34 Bn | 471.52 Mn | 57.43 Mn |
| 9 | Chewy | 7.89 Bn | 7.28 Bn | 1.01 Bn | -83.10 Mn |
| 10 | Conagra Brands | 7.08 Bn | 6.86 Bn | 704.10 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 26, 2026 | 57.43 Mn |
| Apr 26, 2026 | 114.40 Mn |
| Jan 25, 2026 | -91.29 Mn |
| Oct 26, 2025 | -74.81 Mn |
| Jul 27, 2025 | 91.18 Mn |
| Apr 27, 2025 | 211.51 Mn |
| Jan 26, 2025 | -55.61 Mn |
| Oct 27, 2024 | -64.69 Mn |
| Jul 28, 2024 | -23.21 Mn |
| Apr 28, 2024 | 96.51 Mn |
| Jan 28, 2024 | -103.89 Mn |
| Oct 29, 2023 | -56.25 Mn |
| Jul 30, 2023 | -6.77 Mn |
| Apr 30, 2023 | 15.54 Mn |
| Jan 29, 2023 | 11.77 Mn |
| Oct 30, 2022 | 40.35 Mn |
| Jul 31, 2022 | 84.89 Mn |
| May 1, 2022 | 210.17 Mn |
| Jan 30, 2022 | 16.25 Mn |
| Oct 31, 2021 | -57.04 Mn |
API Access
Hormel Foods Change in Inventory API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=change-in-inventory&ticker=HRL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-inventory", "ticker": "HRL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=change-in-inventory&ticker=HRL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();