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
DateValue
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