Hormel Foods (HRL) Depreciation and Depletion (2009 - 2022)
Hormel Foods' (HRL) quarterly Depreciation and Depletion came in at $52.4 million in Q1 2022, up 26.6% year-on-year from $41.4 million in Q1 2021, and down 1.37% on a QoQ basis from $53.1 million in Q4 2021.
Hormel Foods (HRL) Depreciation and Depletion (2009 - 2022) Analysis & Trends
Hormel Foods (HRL) has 14 years of Depreciation and Depletion data on file, last reported at $52.4 million in Q1 2022.
- On a quarterly basis, Depreciation and Depletion rose 26.6% year-over-year to $52.4 million in Q1 2022; TTM through Jan 2022 was $194.8 million, a 17.4% increase from a year earlier, with the FY2025 full-year figure at $241.2 million, up 3.14% from the prior year.
- Depreciation and Depletion for Q1 2022 stood at $52.4 million, down from $53.1 million in the prior quarter.
- Over the last five years, Depreciation and Depletion for HRL reached as high as $53.1 million in Q4 2021 and fell as low as $35.9 million in Q1 2018.
- Historically, Depreciation and Depletion has averaged $41.4 million across 5 years, with a median of $40.2 million in 2020.
- Across the five-year window, Depreciation and Depletion advanced 27.64% in 2018 and fell 1.58% in 2019, its largest moves.
- Year by year, Depreciation and Depletion stood at $37.6 million in 2018, then grew by 6.07% to $39.9 million in 2019, then climbed by 7.81% to $43.0 million in 2020, then advanced by 23.51% to $53.1 million in 2021, then dropped by 1.37% to $52.4 million in 2022.
- Per Business Quant data, the three most recent Depreciation and Depletion figures were $52.4 million in Q1 2022, $53.1 million in Q4 2021, and $47.2 million in Q3 2021.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Depreciation and Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 30.29 Bn | 26.20 Bn | 2.22 Bn | - |
| 2 | General Mills | 19.35 Bn | 18.90 Bn | 1.60 Bn | - |
| 3 | Hormel Foods | 13.90 Bn | 13.04 Bn | 518.51 Mn | - |
| 4 | Mccormick | 13.45 Bn | 13.12 Bn | 778.20 Mn | - |
| 5 | Magnum Ice Cream | 10.95 Bn | 10.43 Bn | - | - |
| 6 | Smithfield Foods | 10.34 Bn | 8.95 Bn | 511.00 Mn | - |
| 7 | Darling Ingredients | 9.92 Bn | 9.80 Bn | 404.92 Mn | - |
| 8 | Oatly Group AB | 8.23 Bn | 8.23 Bn | 76.34 Mn | - |
| 9 | Conagra Brands | 7.07 Bn | 6.85 Bn | 704.10 Mn | - |
| 10 | Lamb Weston Holdings | 6.87 Bn | 6.81 Bn | 331.60 Mn | 88.60 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 30, 2022 | 52.41 Mn |
| Jan 30, 2022 | 52.41 Mn |
| Oct 31, 2021 | 53.14 Mn |
| Oct 31, 2021 | 53.14 Mn |
| Jul 25, 2021 | 47.23 Mn |
| Jul 25, 2021 | 47.23 Mn |
| Apr 25, 2021 | 42.01 Mn |
| Apr 25, 2021 | 42.01 Mn |
| Jan 24, 2021 | 41.40 Mn |
| Jan 24, 2021 | 41.40 Mn |
| Oct 25, 2020 | 43.02 Mn |
| Oct 25, 2020 | 43.02 Mn |
| Jul 26, 2020 | 40.16 Mn |
| Jul 26, 2020 | 40.16 Mn |
| Apr 26, 2020 | 41.34 Mn |
| Apr 26, 2020 | 41.34 Mn |
| Jan 26, 2020 | 41.19 Mn |
| Jan 26, 2020 | 41.19 Mn |
| Oct 27, 2019 | 39.90 Mn |
| Oct 27, 2019 | 39.90 Mn |