Hormel Foods HRL
NYSE HRL
$20.85 -0.12 (-0.57%)
As of: Sep 10, 2026 · 3:59 PM EDT

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

Historic Data

Download Data
DateValue
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