What is Hormel Foods's deferred taxes?

Hormel Foods (HRL) reported deferred taxes of $657.43M in Q1 2026.

How has Hormel Foods's deferred taxes changed year-over-year?

Hormel Foods's deferred taxes increased by 10.6% year-over-year, from $594.5M to $657.43M.

What is the long-term trend for Hormel Foods's deferred taxes?

Over 5 years (2020 to 2025), Hormel Foods's deferred taxes has grown at a 24.8% compound annual growth rate (CAGR), from $218.78M to $661.35M.

Hormel Foods HRL Deferred Taxes

Deferred Taxes at other companies

The J.M. Smucker CompanySJM

——

Tyson FoodsTSN

——

The Kraft Heinz CompanyKHC

——

General MillsGIS

——

PFG

Performance Food GroupPFGC

——

McCormick & Company, IncorporatedMKC

——

Other financials

Income statement

See full

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

See full

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

See full

Operating cash flow$178.9M+217%

CapEx$82.2M+9.4%

Free cash flow$96.8M—

Valuation

See full

Market cap$13.3B—

Enterprise value$15.35B—

P/E18.9×—

P/S1.1×—

Profitability

See full

Gross margin15.7%-0.8pp

Operating margin5.8%-2.7pp

Net margin6.3%-0.3pp

FCF margin5.7%-0.3pp

Returns & leverage

See full

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:DeferredIncomeTaxLiabilitiesNet.

The official record: Hormel Foods’s 10-Q, filed May 28, 2026, on SEC EDGAR. View the filing →

Ask your AI about Hormel Foods's deferred taxes.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Hormel Foods's deferred taxes?: Hormel Foods (HRL) reported deferred taxes of $657.43M in Q1 2026.
How has Hormel Foods's deferred taxes changed year-over-year?: Hormel Foods's deferred taxes increased by 10.6% year-over-year, from $594.5M to $657.43M.
What is the long-term trend for Hormel Foods's deferred taxes?: Over 5 years (2020 to 2025), Hormel Foods's deferred taxes has grown at a 24.8% compound annual growth rate (CAGR), from $218.78M to $661.35M.