Hormel Foods (HRL) Depreciation and Depletion (2009 - 2022)
Hormel Foods (HRL) reported Depreciation and Depletion of $52.4 million for Q1 2022, up 26.6% year-over-year from $41.4 million in Q1 2021, and down 1.37% quarter-over-quarter 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.
- Depreciation and Depletion for Q1 2022 came in at $52.4 million, up 26.6% year-over-year; the trailing twelve-month figure through Jan 2022 was $194.8 million (up 17.4% YoY), and the FY2025 annual result was $241.2 million, up 3.14% from the prior year.
- Depreciation and Depletion declined to $52.4 million in Q1 2022 per HRL's latest filing, from $53.1 million in the prior quarter.
- Over five years, Depreciation and Depletion peaked at $53.1 million in Q4 2021 and troughed at $35.9 million in Q1 2018.
- A 5-year average of $41.4 million and a median of $40.2 million in 2020 frame the typical range for Depreciation and Depletion.
- The sharpest annual moves came in 2018 and 2019: Depreciation and Depletion grew 27.64% in 2018, then decreased 1.58% in 2019.
- A 5-year view of Depreciation and Depletion shows it stood at $37.6 million in 2018, then gained by 6.07% to $39.9 million in 2019, then rose by 7.81% to $43.0 million in 2020, then increased by 23.51% to $53.1 million in 2021, then retreated by 1.37% to $52.4 million in 2022.
- Business Quant data shows HRL's Depreciation and Depletion at $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 | 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 | - |
| 5 | Hormel Foods | 13.29 Bn | 12.44 Bn | 518.51 Mn | - |
| 6 | Mccormick | 12.45 Bn | 12.85 Bn | 708.90 Mn | - |
| 7 | Magnum Ice Cream | 11.94 Bn | 11.47 Bn | - | - |
| 8 | J M Smucker | 11.83 Bn | 11.77 Bn | 862.10 Mn | 74.50 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 | - |
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 |