Hormel Foods HRL
NYSE HRL
$23.88 -0.20 (-0.83%)
At close: Aug 21, 2026 · 4:04 PM EDT

Hormel Foods (HRL) Non-Current Deferred Tax Liability (2014 - 2026)

Hormel Foods (HRL) posted quarterly Non-Current Deferred Tax Liability of $657.4 million for Q2 2026, up 10.58% year-over-year from $594.5 million in Q2 2025, and down 0.97% quarter-over-quarter from $663.9 million in Q1 2026.

Hormel Foods (HRL) Non-Current Deferred Tax Liability (2014 - 2026) Analysis & Trends

Hormel Foods (HRL) has reported Non-Current Deferred Tax Liability for 12 consecutive years, with $657.4 million the latest figure, recorded in Q2 2026.

  • In Q2 2026, Non-Current Deferred Tax Liability rose 10.58% year-over-year to $657.4 million; the TTM figure through Apr 2026 stood at $657.4 million (up 10.58% YoY), while the FY2025 annual figure was $661.3 million, up 12.21% from the prior year.
  • Non-Current Deferred Tax Liability declined to $657.4 million in Q2 2026 per HRL's latest filing, from $663.9 million in the prior quarter.
  • Across five years, Non-Current Deferred Tax Liability topped out at $663.9 million in Q1 2026 and bottomed at $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.
  • Annual changes were most pronounced in 2022 — Non-Current Deferred Tax Liability jumped 70.83% — and 2023, when it advanced 4.82%.
  • Hormel Foods' Non-Current Deferred Tax Liability stood at $475.2 million in 2022, then advanced by 4.82% to $498.1 million in 2023, then grew by 18.32% to $589.4 million in 2024, then advanced by 12.21% to $661.3 million in 2025, then decreased by 0.59% to $657.4 million in 2026.
  • Business Quant data shows HRL's Non-Current Deferred Tax Liability at $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 30.37 Bn 27.69 Bn 2.03 Bn
2 General Mills 21.49 Bn 21.03 Bn 1.60 Bn
3 Mccormick 14.93 Bn 14.60 Bn 778.20 Mn
4 Jbs 14.80 Bn 11.34 Bn 4.91 Bn
5 J M Smucker 13.21 Bn 13.15 Bn 862.10 Mn
6 Hormel Foods 13.14 Bn 12.28 Bn 518.51 Mn
7 Magnum Ice Cream 12.22 Bn 11.50 Bn -
8 Darling Ingredients 10.40 Bn 10.24 Bn 503.37 Mn
9 Smithfield Foods 8.75 Bn 7.40 Bn 478.00 Mn
10 Conagra Brands 7.86 Bn 7.64 Bn 704.10 Mn

Historic Data

Download Data
DateValue
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