Hormel Foods (HRL) Tax Provisions (2009 - 2026)
Hormel Foods' (HRL) quarterly Tax Provisions came in at $43.6 million in Q3 2026, down 17.38% year-over-year from $52.8 million in Q3 2025, and down 10.37% quarter-over-quarter from $48.7 million in Q2 2026.
Analysis
Hormel Foods (HRL) Tax Provisions (2009 - 2026) Analysis & Trends
Hormel Foods (HRL) has reported Tax Provisions for 18 consecutive years, with $43.6 million the latest figure, recorded in Q3 2026.
- On a quarterly basis, Tax Provisions fell 17.38% year-over-year to $43.6 million in Q3 2026; TTM through Jul 2026 was $179.4 million, a 15.03% decrease from a year earlier, with the FY2025 full-year figure at $185.7 million, down 19.55% from the prior year.
- Tax Provisions was $43.6 million for Q3 2026 at Hormel Foods, down from $48.7 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 $55.8 million and a median of $52.8 million in 2025 frame the typical range for Tax Provisions.
- Across the five-year window, Tax Provisions jumped 161.41% in 2022 and sank 42.44% in 2025, its largest moves.
- Over 5 years, Tax Provisions stood at $77.5 million in 2022, then slumped by 35.05% to $50.3 million in 2023, then gained by 19.37% to $60.1 million in 2024, then slumped by 42.44% to $34.6 million in 2025, then advanced by 26.21% to $43.6 million in 2026.
- The last three Tax Provisions figures came in at $43.6 million (Q3 2026), $48.7 million (Q2 2026), and $52.5 million (Q1 2026), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 28.93 Bn | 26.25 Bn | 2.03 Bn | -916.00 Mn |
| 2 | General Mills | 19.30 Bn | 18.85 Bn | 1.60 Bn | -240.40 Mn |
| 3 | Mccormick | 13.76 Bn | 13.43 Bn | 778.20 Mn | 63.50 Mn |
| 4 | J M Smucker | 12.92 Bn | 12.88 Bn | 979.60 Mn | 103.60 Mn |
| 5 | Hormel Foods | 11.47 Bn | 10.60 Bn | 471.52 Mn | 43.64 Mn |
| 6 | Chewy | 8.74 Bn | 8.22 Bn | 1.01 Bn | 36.50 Mn |
| 7 | Conagra Brands | 7.04 Bn | 6.82 Bn | 704.10 Mn | -545.80 Mn |
| 8 | Lamb Weston Holdings | 6.57 Bn | 6.50 Bn | 361.40 Mn | 13.90 Mn |
| 9 | Campbell'S | 6.23 Bn | 5.83 Bn | 650.00 Mn | 35.00 Mn |
| 10 | Post Holdings | 3.62 Bn | 3.36 Bn | 566.30 Mn | 23.10 Mn |
Historic Data
Download Data
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 |