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
DateValue
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