Hormel Foods (HRL) Tax Provisions (2009 - 2026)
Hormel Foods' (HRL) quarterly Tax Provisions came in at $48.7 million in Q2 2026, down 4.06% year-on-year from $50.7 million in Q2 2025, and down 7.34% on a QoQ basis 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.
- On a quarterly basis, Tax Provisions fell 4.06% year-over-year to $48.7 million in Q2 2026; TTM through Apr 2026 was $188.6 million, a 9.03% decrease from a year earlier, with the FY2025 full-year figure at $185.7 million, down 19.55% from the prior year.
- Tax Provisions for Q2 2026 stood at $48.7 million, down from $52.5 million in the prior quarter.
- Over the last five years, Tax Provisions for HRL reached as high as $77.5 million in Q4 2022 and fell as low as $34.6 million in Q4 2025.
- Historically, Tax Provisions has averaged $56.5 million across 5 years, with a median of $53.9 million in 2024.
- Across the five-year window, Tax Provisions soared 161.41% in 2022 and slumped 42.44% in 2025, its largest moves.
- Year by year, Tax Provisions stood at $77.5 million in 2022, then slumped by 35.05% to $50.3 million in 2023, then increased by 19.37% to $60.1 million in 2024, then slumped by 42.44% to $34.6 million in 2025, then jumped by 40.8% to $48.7 million in 2026.
- Per Business Quant data, the three most recent Tax Provisions figures were $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 | Kraft Heinz | 30.29 Bn | 26.20 Bn | 2.22 Bn | 211.00 Mn |
| 2 | General Mills | 19.35 Bn | 18.90 Bn | 1.60 Bn | -240.40 Mn |
| 3 | Hormel Foods | 13.90 Bn | 13.04 Bn | 518.51 Mn | 48.69 Mn |
| 4 | Mccormick | 13.45 Bn | 13.12 Bn | 778.20 Mn | 63.50 Mn |
| 5 | Magnum Ice Cream | 10.95 Bn | 10.43 Bn | - | -162.97 Mn |
| 6 | Smithfield Foods | 10.34 Bn | 8.95 Bn | 511.00 Mn | 72.00 Mn |
| 7 | Darling Ingredients | 9.92 Bn | 9.80 Bn | 404.92 Mn | 38.63 Mn |
| 8 | Oatly Group AB | 8.23 Bn | 8.23 Bn | 76.34 Mn | - |
| 9 | Conagra Brands | 7.07 Bn | 6.85 Bn | 704.10 Mn | -545.80 Mn |
| 10 | Lamb Weston Holdings | 6.87 Bn | 6.81 Bn | 331.60 Mn | 30.30 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 |