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Hormel Foods (HRL) Tax Rate (2016 - 2026)

Hormel Foods (HRL) has disclosed Tax Rate for 18 consecutive years, with 22.42% as the latest value for Q1 2026.

  • Quarterly Tax Rate rose 62.0% to 22.42% in Q1 2026 from the year-ago period, while the trailing twelve-month figure was 28.05% through Jan 2026, up 620.0% year-over-year, with the annual reading at 27.99% for FY2025, 570.0% up from the prior year.
  • Tax Rate for Q1 2026 was 22.42% at Hormel Foods, up from 159.88% in the prior quarter.
  • The five-year high for Tax Rate was 24.5% in Q3 2022, with the low at 159.88% in Q4 2025.
  • Average Tax Rate over 5 years is 11.29%, with a median of 22.02% recorded in 2025.
  • The sharpest move saw Tax Rate soared 1120bps in 2022, then crashed -18133bps in 2025.
  • Over 5 years, Tax Rate stood at 21.67% in 2022, then decreased by -6bps to 20.47% in 2023, then rose by 5bps to 21.45% in 2024, then tumbled by -845bps to 159.88% in 2025, then skyrocketed by 114bps to 22.42% in 2026.
  • According to Business Quant data, Tax Rate over the past three periods came in at 22.42%, 159.88%, and 22.33% for Q1 2026, Q4 2025, and Q3 2025 respectively.