Hormel Foods (HRL) Current Taxes (2009 - 2026)

Hormel Foods' (HRL) quarterly Current Taxes came in at $3.1 million in Q2 2026, down 72.5% year-on-year from $11.1 million in Q2 2025, and down 38.61% on a QoQ basis 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.

  • On a quarterly basis, Current Taxes fell 72.5% year-over-year to $3.1 million in Q2 2026; TTM through Apr 2026 was $3.1 million, a 72.5% decrease from a year earlier, with the FY2025 full-year figure at $18.8 million, down 14.44% from the prior year.
  • Current Taxes for Q2 2026 stood at $3.1 million, down from $5.0 million in the prior quarter.
  • Over the last five years, Current Taxes for HRL reached as high as $94.8 million in Q1 2023 and fell as low as $3.1 million in Q2 2026.
  • Historically, Current Taxes has averaged $41.2 million across 5 years, with a median of $30.7 million in 2022.
  • Across the five-year window, Current Taxes jumped 268.48% in 2022 and tumbled 89.48% in 2025, its largest moves.
  • Year by year, Current Taxes stood at $32.9 million in 2022, then sank by 53.8% to $15.2 million in 2023, then jumped by 44.07% to $21.9 million in 2024, then declined by 14.44% to $18.8 million in 2025, then sank by 83.69% to $3.1 million in 2026.
  • Per Business Quant data, the three most recent Current Taxes figures were $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 Kraft Heinz 30.05 Bn 26.07 Bn 2.22 Bn -
2 General Mills 19.11 Bn 18.67 Bn 1.60 Bn -
3 Hormel Foods 13.78 Bn 12.93 Bn 518.51 Mn 3.06 Mn
4 Mccormick 13.51 Bn 13.76 Bn 778.20 Mn -
5 Magnum Ice Cream 10.87 Bn 10.35 Bn - 48.89 Mn
6 Smithfield Foods 10.26 Bn 8.88 Bn 511.00 Mn -
7 Darling Ingredients 10.06 Bn 10.02 Bn 404.92 Mn 17.69 Mn
8 Conagra Brands 6.88 Bn 6.66 Bn 704.10 Mn -
9 Lamb Weston Holdings 6.84 Bn 6.78 Bn 361.40 Mn -
10 Pilgrims Pride 6.64 Bn 6.11 Bn 345.49 Mn 132.73 Mn

Historic Data

Download Data
DateValue
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