Growth Metrics

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

Hormel Foods (HRL) has disclosed Current Taxes for 18 consecutive years, with $5.0 million as the latest value for Q1 2026.

  • On a quarterly basis, Current Taxes fell 44.63% to $5.0 million in Q1 2026 year-over-year; TTM through Jan 2026 was $5.0 million, a 44.63% decrease, with the full-year FY2025 number at $18.8 million, down 14.44% from a year prior.
  • Current Taxes was $5.0 million for Q1 2026 at Hormel Foods, down from $18.8 million in the prior quarter.
  • In the past five years, Current Taxes ranged from a high of $94.8 million in Q1 2023 to a low of $5.0 million in Q1 2026.
  • A 5-year average of $43.4 million and a median of $32.9 million in 2022 define the central range for Current Taxes.
  • Peak YoY movement for Current Taxes: soared 268.48% in 2022, then tumbled 89.48% in 2025.
  • Hormel Foods' Current Taxes stood at $32.9 million in 2022, then tumbled by 53.8% to $15.2 million in 2023, then surged by 44.07% to $21.9 million in 2024, then fell by 14.44% to $18.8 million in 2025, then plummeted 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).