Hormel Foods (HRL) Tax Provisions (2009 - 2026)
Hormel Foods (HRL) reported Tax Provisions of $48.7 million for Q2 2026, down 4.06% year-over-year from $50.7 million in Q2 2025, and down 7.34% quarter-over-quarter from $52.5 million in Q1 2026.
Hormel Foods (HRL) Tax Provisions (2009 - 2026) Analysis & Trends
Hormel Foods (HRL) has 18 years of Tax Provisions data on file, last reported at $48.7 million in Q2 2026.
- Tax Provisions for Q2 2026 came in at $48.7 million, down 4.06% year-over-year; the trailing twelve-month figure through Apr 2026 was $188.6 million (down 9.03% YoY), and the FY2025 annual result was $185.7 million, down 19.55% from the prior year.
- Tax Provisions retreated to $48.7 million in Q2 2026 per HRL's latest filing, from $52.5 million in the prior quarter.
- Over five years, Tax Provisions peaked at $77.5 million in Q4 2022 and troughed at $34.6 million in Q4 2025.
- A 5-year average of $56.5 million and a median of $53.9 million in 2024 frame the typical range for Tax Provisions.
- The sharpest annual moves came in 2022 and 2025: Tax Provisions surged 161.41% in 2022, then plunged 42.44% in 2025.
- A 5-year view of Tax Provisions shows it stood at $77.5 million in 2022, then sank by 35.05% to $50.3 million in 2023, then advanced by 19.37% to $60.1 million in 2024, then sank by 42.44% to $34.6 million in 2025, then jumped by 40.8% to $48.7 million in 2026.
- Business Quant data shows HRL's Tax Provisions at $48.7 million in Q2 2026, $52.5 million in Q1 2026, and $34.6 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (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 | 211.00 Mn |
| 3 | General Mills | 17.93 Bn | 17.16 Bn | 1.37 Bn | 99.90 Mn |
| 4 | Jbs | 13.56 Bn | 8.99 Bn | 2.32 Bn | -67.10 Mn |
| 5 | Hormel Foods | 13.29 Bn | 12.44 Bn | 518.51 Mn | 48.69 Mn |
| 6 | Mccormick | 12.45 Bn | 12.85 Bn | 708.90 Mn | 48.70 Mn |
| 7 | Magnum Ice Cream | 11.94 Bn | 11.47 Bn | - | - |
| 8 | J M Smucker | 11.83 Bn | 11.77 Bn | 862.10 Mn | -60.50 Mn |
| 9 | Smithfield Foods | 9.80 Bn | 8.73 Bn | 511.00 Mn | 72.00 Mn |
| 10 | Darling Ingredients | 8.51 Bn | 8.55 Bn | 404.92 Mn | 38.63 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 26, 2026 | 48.69 Mn |
| Jan 25, 2026 | 52.54 Mn |
| Oct 26, 2025 | 34.58 Mn |
| Jul 27, 2025 | 52.82 Mn |
| Apr 27, 2025 | 50.75 Mn |
| Jan 26, 2025 | 47.54 Mn |
| Oct 27, 2024 | 60.07 Mn |
| Jul 28, 2024 | 48.98 Mn |
| Apr 28, 2024 | 54.93 Mn |
| Jan 28, 2024 | 66.82 Mn |
| Oct 29, 2023 | 50.32 Mn |
| Jul 30, 2023 | 45.06 Mn |
| Apr 30, 2023 | 61.62 Mn |
| Jan 29, 2023 | 63.55 Mn |
| Oct 30, 2022 | 77.48 Mn |
| Jul 31, 2022 | 71.01 Mn |
| May 1, 2022 | 60.19 Mn |
| Jan 30, 2022 | 69.19 Mn |
| Oct 31, 2021 | 70.48 Mn |
| Jul 25, 2021 | 27.16 Mn |