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
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