Hormel Foods (HRL) Change in Taxes (2016 - 2026)
Hormel Foods (HRL) reported Change in Taxes of -$4.0 million for Q2 2026, down 345.79% year-over-year from $1.6 million in Q2 2025, and down 117.66% quarter-over-quarter from $22.8 million in Q1 2026.
Hormel Foods (HRL) Change in Taxes (2016 - 2026) Analysis & Trends
Hormel Foods (HRL) has 11 years of Change in Taxes data on file, last reported at -$4.0 million in Q2 2026.
- Change in Taxes for Q2 2026 came in at -$4.0 million, down 345.79% year-over-year; the trailing twelve-month figure through Apr 2026 was -$16.6 million (up 79.48% YoY), and the FY2025 annual result was -$47.6 million, down 21.12% from the prior year.
- Change in Taxes fell to -$4.0 million in Q2 2026 per HRL's latest filing, from $22.8 million in the prior quarter.
- Over five years, Change in Taxes peaked at $63.5 million in Q1 2022 and troughed at -$54.5 million in Q4 2025.
- A 5-year average of -$4.2 million and a median of -$9.0 million in 2025 frame the typical range for Change in Taxes.
- The sharpest annual moves came in 2024 and 2026: Change in Taxes sank 2110.39% in 2024, then surged 264.24% in 2026.
- A 5-year view of Change in Taxes shows it stood at -$28.4 million in 2022, then fell by 12.67% to -$32.0 million in 2023, then retreated by 6.47% to -$34.1 million in 2024, then slumped by 59.85% to -$54.5 million in 2025, then surged by 92.62% to -$4.0 million in 2026.
- Business Quant data shows HRL's Change in Taxes at -$4.0 million in Q2 2026, $22.8 million in Q1 2026, and -$54.5 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Paranovus Entertainment Technology | 75,216.52 Bn | 75,216.52 Bn | - | - |
| 2 | Kraft Heinz | 26.76 Bn | 22.68 Bn | 2.22 Bn | - |
| 3 | General Mills | 17.79 Bn | 17.02 Bn | 1.37 Bn | - |
| 4 | Jbs | 13.93 Bn | 9.37 Bn | 2.32 Bn | -33.77 Mn |
| 5 | Hormel Foods | 13.00 Bn | 12.16 Bn | 518.51 Mn | -4.03 Mn |
| 6 | Mccormick | 12.70 Bn | 13.10 Bn | 708.90 Mn | - |
| 7 | Magnum Ice Cream | 12.17 Bn | 11.70 Bn | - | - |
| 8 | J M Smucker | 11.05 Bn | 10.99 Bn | 827.80 Mn | 135.70 Mn |
| 9 | Smithfield Foods | 10.57 Bn | 9.49 Bn | 511.00 Mn | - |
| 10 | Darling Ingredients | 9.44 Bn | 9.48 Bn | 404.92 Mn | -5.17 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 26, 2026 | -4.03 Mn |
| Apr 26, 2026 | -4.03 Mn |
| Jan 25, 2026 | 22.79 Mn |
| Jan 25, 2026 | 22.79 Mn |
| Oct 26, 2025 | -54.54 Mn |
| Oct 26, 2025 | -54.54 Mn |
| Jul 27, 2025 | 19.16 Mn |
| Jul 27, 2025 | 19.16 Mn |
| Apr 27, 2025 | 1.64 Mn |
| Apr 27, 2025 | 1.64 Mn |
| Jan 26, 2025 | -13.88 Mn |
| Jan 26, 2025 | -13.88 Mn |
| Oct 27, 2024 | -34.12 Mn |
| Oct 27, 2024 | -34.12 Mn |
| Jul 28, 2024 | -34.62 Mn |
| Jul 28, 2024 | -34.62 Mn |
| Apr 28, 2024 | -33.93 Mn |
| Apr 28, 2024 | -33.93 Mn |
| Jan 28, 2024 | 63.35 Mn |
| Jan 28, 2024 | 63.35 Mn |