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Hormel Foods HRL Increase (Decrease) in Income Taxes Payable, Net of Income Taxes Receivable

Increase (Decrease) in Income Taxes Payable, Net of Income Taxes Receivable at other companies

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Other financials

Income statement

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Revenue$3.0B+2.5%
Gross profit$518.5M+7.0%
Operating income$217.1M-12.6%
Net income$157.5M-12.5%
EPS (diluted)$0.29-12.1%

Balance sheet

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Cash & equivalents$826.8M+23.5%
Total debt$2.9B-0.2%
Total equity$7.9B-1.0%
Total assets$13.3B-0.6%

Cash flow

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Operating cash flow$178.9M+217%
CapEx$82.2M+9.4%
Free cash flow$96.8M

Valuation

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Market cap$13.3B
Enterprise value$15.35B
P/E18.9×
P/S1.1×

Profitability

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Gross margin15.7%-0.8pp
Operating margin5.8%-2.7pp
Net margin6.3%-0.3pp
FCF margin5.7%-0.3pp

Returns & leverage

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Return on equity9.5%-0.6pp
Debt / equity0.4×0.0×
Current ratio1.9×-0.5×

Where this comes from

Reported directly by Hormel Foods in its filing.

Tagged under the XBRL concept us-gaap:IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable.

The official record: Hormel Foods’s 10-Q, filed February 26, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Hormel Foods's increase (decrease) in income taxes payable, net of income taxes receivable?
Hormel Foods (HRL) reported increase (decrease) in income taxes payable, net of income taxes receivable of $22.79M in Q4 2025.
How has Hormel Foods's increase (decrease) in income taxes payable, net of income taxes receivable changed year-over-year?
Hormel Foods's increase (decrease) in income taxes payable, net of income taxes receivable increased by 264.2% year-over-year, from -$13.88M to $22.79M.
What is the long-term trend for Hormel Foods's increase (decrease) in income taxes payable, net of income taxes receivable?
Over 2 years (2023 to 2025), Hormel Foods's increase (decrease) in income taxes payable, net of income taxes receivable has grown at a 62.9% compound annual growth rate (CAGR), from -$18.56M to -$49.26M.