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| 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 |