Hormel Foods (HRL) Non-Current Deferred Tax Liability (2014 - 2026)
Hormel Foods' (HRL) quarterly Non-Current Deferred Tax Liability came in at $657.4 million in Q2 2026, up 10.58% year-on-year from $594.5 million in Q2 2025, and down 0.97% on a QoQ basis from $663.9 million in Q1 2026.
Hormel Foods (HRL) Non-Current Deferred Tax Liability (2014 - 2026) Analysis & Trends
Hormel Foods (HRL) has 12 years of Non-Current Deferred Tax Liability data on file, last reported at $657.4 million in Q2 2026.
- On a quarterly basis, Non-Current Deferred Tax Liability rose 10.58% year-over-year to $657.4 million in Q2 2026; TTM through Apr 2026 was $657.4 million, a 10.58% increase from a year earlier, with the FY2025 full-year figure at $661.3 million, up 12.21% from the prior year.
- Non-Current Deferred Tax Liability for Q2 2026 stood at $657.4 million, down from $663.9 million in the prior quarter.
- Over the last five years, Non-Current Deferred Tax Liability for HRL reached as high as $663.9 million in Q1 2026 and fell as low as $281.5 million in Q1 2022.
- Historically, Non-Current Deferred Tax Liability has averaged $509.3 million across 5 years, with a median of $499.8 million in 2024.
- Across the five-year window, Non-Current Deferred Tax Liability surged 70.83% in 2022 and rose 4.82% in 2023, its largest moves.
- Year by year, Non-Current Deferred Tax Liability stood at $475.2 million in 2022, then grew by 4.82% to $498.1 million in 2023, then rose by 18.32% to $589.4 million in 2024, then grew by 12.21% to $661.3 million in 2025, then dropped by 0.59% to $657.4 million in 2026.
- Per Business Quant data, the three most recent Non-Current Deferred Tax Liability figures were $657.4 million in Q2 2026, $663.9 million in Q1 2026, and $661.3 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Kraft Heinz | 30.05 Bn | 26.07 Bn | 2.22 Bn |
| 2 | General Mills | 19.11 Bn | 18.67 Bn | 1.60 Bn |
| 3 | Hormel Foods | 13.78 Bn | 12.93 Bn | 518.51 Mn |
| 4 | Mccormick | 13.51 Bn | 13.76 Bn | 778.20 Mn |
| 5 | Magnum Ice Cream | 10.87 Bn | 10.35 Bn | - |
| 6 | Smithfield Foods | 10.26 Bn | 8.88 Bn | 511.00 Mn |
| 7 | Darling Ingredients | 10.06 Bn | 10.02 Bn | 404.92 Mn |
| 8 | Conagra Brands | 6.88 Bn | 6.66 Bn | 704.10 Mn |
| 9 | Lamb Weston Holdings | 6.84 Bn | 6.78 Bn | 361.40 Mn |
| 10 | Pilgrims Pride | 6.64 Bn | 6.11 Bn | 345.49 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 26, 2026 | 657.43 Mn |
| Apr 26, 2026 | 657.43 Mn |
| Jan 25, 2026 | 663.85 Mn |
| Jan 25, 2026 | 663.85 Mn |
| Oct 26, 2025 | 661.35 Mn |
| Oct 26, 2025 | 661.35 Mn |
| Jul 27, 2025 | 595.07 Mn |
| Jul 27, 2025 | 595.07 Mn |
| Apr 27, 2025 | 594.50 Mn |
| Apr 27, 2025 | 594.50 Mn |
| Jan 26, 2025 | 594.79 Mn |
| Jan 26, 2025 | 594.79 Mn |
| Oct 27, 2024 | 589.37 Mn |
| Oct 27, 2024 | 589.37 Mn |
| Jul 28, 2024 | 499.10 Mn |
| Jul 28, 2024 | 499.10 Mn |
| Apr 28, 2024 | 504.91 Mn |
| Apr 28, 2024 | 504.91 Mn |
| Jan 28, 2024 | 500.58 Mn |
| Jan 28, 2024 | 500.58 Mn |