Growth Metrics

Hormel Foods (HRL) Current Taxes (2016 - 2026)

Hormel Foods has reported Current Taxes over the past 18 years, most recently at $5.0 million for Q1 2026.

  • Quarterly Current Taxes fell 44.63% to $5.0 million in Q1 2026 from the year-ago period, while the trailing twelve-month figure was $5.0 million through Jan 2026, down 44.63% year-over-year, with the annual reading at $18.8 million for FY2025, 14.44% down from the prior year.
  • Current Taxes was $5.0 million for Q1 2026 at Hormel Foods, down from $18.8 million in the prior quarter.
  • Over five years, Current Taxes peaked at $94.8 million in Q1 2023 and troughed at $5.0 million in Q1 2026.
  • The 5-year median for Current Taxes is $32.9 million (2022), against an average of $43.4 million.
  • Year-over-year, Current Taxes soared 268.48% in 2022 and then tumbled 89.48% in 2025.
  • A 5-year view of Current Taxes shows it stood at $32.9 million in 2022, then plummeted by 53.8% to $15.2 million in 2023, then skyrocketed by 44.07% to $21.9 million in 2024, then decreased by 14.44% to $18.8 million in 2025, then crashed by 73.43% to $5.0 million in 2026.
  • Per Business Quant, the three most recent readings for HRL's Current Taxes are $5.0 million (Q1 2026), $18.8 million (Q4 2025), and $28.5 million (Q3 2025).