Hormel Foods (HRL) Construction in Progress (2009 - 2026)
Hormel Foods (HRL) posted quarterly Construction in Progress of $285.0 million for Q2 2026, down 4.27% year-over-year from $297.7 million in Q2 2025, and up 0.6% quarter-over-quarter from $283.2 million in Q1 2026.
Hormel Foods (HRL) Construction in Progress (2009 - 2026) Analysis & Trends
Hormel Foods (HRL) has reported Construction in Progress for 18 consecutive years, with $285.0 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Construction in Progress fell 4.27% year-over-year to $285.0 million; the TTM figure through Apr 2026 stood at $285.0 million (down 4.27% YoY), while the FY2025 annual figure was $286.5 million, up 25.24% from the prior year.
- Construction in Progress advanced to $285.0 million in Q2 2026 per HRL's latest filing, from $283.2 million in the prior quarter.
- Across five years, Construction in Progress topped out at $330.4 million in Q3 2025 and bottomed at $195.7 million in Q4 2023.
- Historically, Construction in Progress has averaged $256.0 million across 5 years, with a median of $256.0 million in 2024.
- Annual changes were most pronounced in 2023 — Construction in Progress plunged 36.59% — and 2024, when it rose 26.95%.
- Hormel Foods' Construction in Progress stood at $216.2 million in 2022, then decreased by 9.52% to $195.7 million in 2023, then climbed by 16.9% to $228.7 million in 2024, then rose by 25.24% to $286.5 million in 2025, then fell by 0.53% to $285.0 million in 2026.
- Business Quant data shows HRL's Construction in Progress at $285.0 million in Q2 2026, $283.2 million in Q1 2026, and $286.5 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Construction in Progress (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 30.23 Bn | 27.54 Bn | 2.03 Bn | - |
| 2 | General Mills | 21.36 Bn | 20.90 Bn | 1.60 Bn | 487.60 Mn |
| 3 | Mccormick | 14.89 Bn | 14.56 Bn | 778.20 Mn | - |
| 4 | Jbs | 14.54 Bn | 11.07 Bn | 4.91 Bn | - |
| 5 | Hormel Foods | 13.26 Bn | 12.40 Bn | 518.51 Mn | 284.96 Mn |
| 6 | J M Smucker | 13.17 Bn | 13.11 Bn | 862.10 Mn | 546.10 Mn |
| 7 | Magnum Ice Cream | 12.10 Bn | 11.38 Bn | - | - |
| 8 | Darling Ingredients | 10.78 Bn | 10.62 Bn | 503.37 Mn | - |
| 9 | Smithfield Foods | 8.77 Bn | 7.42 Bn | 478.00 Mn | - |
| 10 | Conagra Brands | 7.80 Bn | 7.58 Bn | 704.10 Mn | 233.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 26, 2026 | 284.96 Mn |
| Jan 25, 2026 | 283.25 Mn |
| Oct 26, 2025 | 286.47 Mn |
| Jul 27, 2025 | 330.41 Mn |
| Apr 27, 2025 | 297.68 Mn |
| Jan 26, 2025 | 270.21 Mn |
| Oct 27, 2024 | 228.73 Mn |
| Jul 28, 2024 | 274.82 Mn |
| Apr 28, 2024 | 241.75 Mn |
| Jan 28, 2024 | 215.09 Mn |
| Oct 29, 2023 | 195.67 Mn |
| Jul 30, 2023 | 216.48 Mn |
| Apr 30, 2023 | 200.90 Mn |
| Jan 29, 2023 | 226.91 Mn |
| Oct 30, 2022 | 216.25 Mn |
| Jul 31, 2022 | 238.69 Mn |
| May 1, 2022 | 316.84 Mn |
| Jan 30, 2022 | 282.66 Mn |
| Oct 31, 2021 | 316.46 Mn |
| Jul 25, 2021 | 263.63 Mn |