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

Hormel Foods (HRL) has reported Change in Taxes for 11 consecutive years, with -$4.0 million the latest figure, recorded in Q2 2026.

• In Q2 2026, Change in Taxes fell 345.79% year-over-year to -$4.0 million; the TTM figure through Apr 2026 stood at -$16.6 million (up 79.48% YoY), while the FY2025 annual figure was -$47.6 million, down 21.12% from the prior year.
• Change in Taxes eased to -$4.0 million in Q2 2026 per HRL's latest filing, from $22.8 million in the prior quarter.
• Across five years, Change in Taxes topped out at $63.5 million in Q1 2022 and bottomed at -$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.
• Annual changes were most pronounced in 2024 — Change in Taxes sank 2110.39% — and 2026, when it surged 264.24%.
• Hormel Foods' Change in Taxes stood at -$28.4 million in 2022, then retreated by 12.67% to -$32.0 million in 2023, then decreased by 6.47% to -$34.1 million in 2024, then tumbled by 59.85% to -$54.5 million in 2025, then soared 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.