Hormel Foods (HRL) Change in Taxes (2016 - 2026)

Hormel Foods (HRL) has 11 years of Change in Taxes data on file, last reported at -$4.0 million in Q2 2026.

• On a quarterly basis, Change in Taxes fell 345.79% year-over-year to -$4.0 million in Q2 2026; TTM through Apr 2026 was -$16.6 million, a 79.48% increase from a year earlier, with the FY2025 full-year figure at -$47.6 million, down 21.12% from the prior year.
• Change in Taxes for Q2 2026 stood at -$4.0 million, down from $22.8 million in the prior quarter.
• Over the last five years, Change in Taxes for HRL reached as high as $63.5 million in Q1 2022 and fell as low as -$54.5 million in Q4 2025.
• Historically, Change in Taxes has averaged -$4.2 million across 5 years, with a median of -$9.0 million in 2025.
• Across the five-year window, Change in Taxes tumbled 2110.39% in 2024 and soared 264.24% in 2026, its largest moves.
• Year by year, Change in Taxes stood at -$28.4 million in 2022, then slipped by 12.67% to -$32.0 million in 2023, then dropped by 6.47% to -$34.1 million in 2024, then tumbled by 59.85% to -$54.5 million in 2025, then surged by 92.62% to -$4.0 million in 2026.
• Per Business Quant data, the three most recent Change in Taxes figures were -$4.0 million in Q2 2026, $22.8 million in Q1 2026, and -$54.5 million in Q4 2025.