Hormel Foods (HRL) Tax Provisions (2009 - 2026)
Hormel Foods (HRL) posted Tax Provisions of $43.64 million for fiscal Q3 2026 (quarter ended Jul 26, 2026), down 17.4% from $52.82 million a year earlier and down 10.4% from the prior quarter.
Hormel Foods (HRL) Tax Provisions (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jul 26, 2026, Tax Provisions at Hormel Foods was $179.44 million, down 15.0% year-over-year; for FY2025 (ended Oct 26, 2025), it was $185.68 million, down 19.5% from FY2024.
- Annual Tax Provisions shows a five-year compound annual growth rate of -2.1% (FY2020 to FY2025).
- In prior fiscal years, Hormel Foods' Tax Provisions was $230.8 million in FY2024 (+4.6%), $220.55 million in FY2023 (-20.6%), $277.88 million in FY2022 (+28.0%) and $217.03 million in FY2021 (+5.2%).
- Quarterly Tax Provisions has run from a low of $34.58 million in fiscal Q4 2025 to a high of $77.48 million in fiscal Q4 2022 over five years.
- On a year-over-year basis, Tax Provisions increased in three of the last eight quarters, with an average decline of 7.8%.
- The strongest year-over-year quarter for Tax Provisions in the past five years was fiscal Q3 2022, with growth of 161.4%; the weakest was fiscal Q4 2025, with a decline of 42.4%.
- According to Business Quant data, Tax Provisions for the three prior fiscal quarters was $48.69 million (Q2 2026), $52.54 million (Q1 2026) and $34.58 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Unilever | 132.43 Bn | 107.80 Bn | - | - |
| 2 | Mondelez International | 73.80 Bn | 67.12 Bn | 3.99 Bn | 364.00 Mn |
| 3 | Hershey | 31.86 Bn | 28.11 Bn | 1.26 Bn | 130.62 Mn |
| 4 | Kraft Heinz | 26.96 Bn | 13.49 Bn | 2.03 Bn | -916.00 Mn |
| 5 | General Mills | 17.20 Bn | 14.85 Bn | 1.49 Bn | 122.80 Mn |
| 6 | J M Smucker | 12.70 Bn | 12.49 Bn | 979.60 Mn | 103.60 Mn |
| 7 | Mccormick | 12.49 Bn | 12.36 Bn | 778.20 Mn | 63.50 Mn |
| 8 | Hormel Foods | 10.97 Bn | 7.66 Bn | 471.52 Mn | 43.64 Mn |
| 9 | Chewy | 7.31 Bn | 4.59 Bn | 1.01 Bn | 31.40 Mn |
| 10 | Conagra Brands | 6.43 Bn | 5.74 Bn | 618.70 Mn | 58.60 Mn |
Historic Data
| Date | Value |
|---|---|
| Jul 26, 2026 | 43.64 Mn |
| 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 |
Hormel Foods Tax Provisions API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-provisions&ticker=HRL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-provisions", "ticker": "HRL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-provisions&ticker=HRL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();