Hormel Foods (HRL) Current Taxes (2009 - 2026)
Hormel Foods (HRL) reported Current Taxes of $3.1 million for Q2 2026, down 72.5% year-over-year from $11.1 million in Q2 2025, and down 38.61% quarter-over-quarter from $5.0 million in Q1 2026.
Hormel Foods (HRL) Current Taxes (2009 - 2026) Analysis & Trends
Hormel Foods (HRL) has 18 years of Current Taxes data on file, last reported at $3.1 million in Q2 2026.
- Current Taxes for Q2 2026 came in at $3.1 million, down 72.5% year-over-year; the trailing twelve-month figure through Apr 2026 was $3.1 million (down 72.5% YoY), and the FY2025 annual result was $18.8 million, down 14.44% from the prior year.
- Current Taxes declined to $3.1 million in Q2 2026 per HRL's latest filing, from $5.0 million in the prior quarter.
- Over five years, Current Taxes peaked at $94.8 million in Q1 2023 and troughed at $3.1 million in Q2 2026.
- A 5-year average of $41.2 million and a median of $30.7 million in 2022 frame the typical range for Current Taxes.
- The sharpest annual moves came in 2022 and 2025: Current Taxes soared 268.48% in 2022, then sank 89.48% in 2025.
- A 5-year view of Current Taxes shows it stood at $32.9 million in 2022, then plunged by 53.8% to $15.2 million in 2023, then jumped by 44.07% to $21.9 million in 2024, then decreased by 14.44% to $18.8 million in 2025, then plunged by 83.69% to $3.1 million in 2026.
- Business Quant data shows HRL's Current Taxes at $3.1 million in Q2 2026, $5.0 million in Q1 2026, and $18.8 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Paranovus Entertainment Technology | 12,507.92 Bn | 12,507.92 Bn | - | - |
| 2 | Kraft Heinz | 27.05 Bn | 22.98 Bn | 2.22 Bn | - |
| 3 | General Mills | 17.93 Bn | 17.16 Bn | 1.37 Bn | - |
| 4 | Jbs | 13.56 Bn | 8.99 Bn | 2.32 Bn | 163.66 Mn |
| 5 | Hormel Foods | 13.29 Bn | 12.44 Bn | 518.51 Mn | 3.06 Mn |
| 6 | Mccormick | 12.45 Bn | 12.85 Bn | 708.90 Mn | - |
| 7 | Magnum Ice Cream | 11.94 Bn | 11.47 Bn | - | 48.89 Mn |
| 8 | J M Smucker | 11.83 Bn | 11.77 Bn | 862.10 Mn | - |
| 9 | Smithfield Foods | 9.80 Bn | 8.73 Bn | 511.00 Mn | - |
| 10 | Darling Ingredients | 8.51 Bn | 8.55 Bn | 404.92 Mn | 17.69 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 26, 2026 | 3.06 Mn |
| Jan 25, 2026 | 4.98 Mn |
| Oct 26, 2025 | 18.75 Mn |
| Jul 27, 2025 | 28.45 Mn |
| Apr 27, 2025 | 11.13 Mn |
| Jan 26, 2025 | 9.00 Mn |
| Oct 27, 2024 | 21.92 Mn |
| Jul 28, 2024 | 18.51 Mn |
| Apr 28, 2024 | 53.57 Mn |
| Jan 28, 2024 | 85.53 Mn |
| Oct 29, 2023 | 15.21 Mn |
| Jul 30, 2023 | 49.58 Mn |
| Apr 30, 2023 | 47.43 Mn |
| Jan 29, 2023 | 94.78 Mn |
| Oct 30, 2022 | 32.93 Mn |
| Jul 31, 2022 | 64.31 Mn |
| May 1, 2022 | 93.32 Mn |
| Jan 30, 2022 | 89.13 Mn |
| Oct 31, 2021 | 23.52 Mn |
| Jul 25, 2021 | 17.45 Mn |