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
DateValue
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