Hormel Foods (HRL) Current Taxes (2009 - 2026)
Hormel Foods' (HRL) quarterly Current Taxes came in at $10.7 million in Q3 2026, down 62.43% year-over-year from $28.5 million in Q3 2025, and up 249.46% quarter-over-quarter from $3.1 million in Q2 2026.
Analysis
Hormel Foods (HRL) Current Taxes (2009 - 2026) Analysis & Trends
Hormel Foods (HRL) has reported Current Taxes for 18 consecutive years, with $10.7 million the latest figure, recorded in Q3 2026.
- On a quarterly basis, Current Taxes fell 62.43% year-over-year to $10.7 million in Q3 2026; TTM through Jul 2026 was $10.7 million, a 62.43% decrease from a year earlier, with the FY2025 full-year figure at $18.8 million, down 14.44% from the prior year.
- Current Taxes was $10.7 million for Q3 2026 at Hormel Foods, up from $3.1 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 $39.6 million and a median of $28.5 million in 2025 frame the typical range for Current Taxes.
- Across the five-year window, Current Taxes surged 268.48% in 2022 and slumped 89.48% in 2025, its largest moves.
- Over 5 years, Current Taxes stood at $32.9 million in 2022, then sank by 53.8% to $15.2 million in 2023, then soared by 44.07% to $21.9 million in 2024, then retreated by 14.44% to $18.8 million in 2025, then sank by 42.99% to $10.7 million in 2026.
- The last three Current Taxes figures came in at $10.7 million (Q3 2026), $3.1 million (Q2 2026), and $5.0 million (Q1 2026), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 28.96 Bn | 26.28 Bn | 2.03 Bn | - |
| 2 | General Mills | 19.25 Bn | 18.80 Bn | 1.60 Bn | - |
| 3 | Mccormick | 13.71 Bn | 13.38 Bn | 778.20 Mn | - |
| 4 | J M Smucker | 13.00 Bn | 12.96 Bn | 979.60 Mn | - |
| 5 | Hormel Foods | 11.50 Bn | 10.63 Bn | 471.52 Mn | 10.69 Mn |
| 6 | Chewy | 8.63 Bn | 8.11 Bn | 1.01 Bn | - |
| 7 | Conagra Brands | 7.02 Bn | 6.80 Bn | 704.10 Mn | - |
| 8 | Lamb Weston Holdings | 6.60 Bn | 6.53 Bn | 361.40 Mn | - |
| 9 | Campbell'S | 6.23 Bn | 5.83 Bn | 650.00 Mn | 6.00 Mn |
| 10 | Post Holdings | 3.60 Bn | 3.34 Bn | 566.30 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 26, 2026 | 10.69 Mn |
| 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 |