Company / Income Tax
Hormel Foods Income Tax History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Income Tax
$185.7M
FY2025
5-year range
$185.7M / $277.9M
FY2021-FY2025
Trend
-19.5%
vs FY2024
Sector context
#30 of 78
Consumer Staples
What the data says
At $186M, Hormel Foods's income tax ranks #49 of 78 in the Consumer Staples sector. Income Tax has fluctuated over the past 10 years, ranging from $169M in FY2018 to $432M in FY2017.
Based on SEC 10-K filings.
$186M in FY2025 with a 5-year CAGR of -2.1%.
Improved from $221M to $186M over the past 2 years.
Consumer Staples sector context is included.
Income Tax over time
Growth rates
- 3-Year CAGR
- -12.6%
- 5-Year CAGR
- -2.1%
- 10-Year CAGR
- -
Sector benchmark
#49 of 78 in Consumer StaplesTop 62% of 78This company $185.7M Sector average $362.0M
▼
-48.7% below sector average
Key checks
Key Insights
- 5-year CAGR of -2.1%, indicating a declining trend.
- In FY2025, income tax decreased 19.5% year-over-year.
- Ranks #30 out of 78 companies in the Consumer Staples sector.
- Peak income tax was recorded in FY2017.
Company context
Key Data Points
- Altman Z-Score 0.88 (distress zone, below 1.8 threshold)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Income TaxValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $185.7M | -19.5% |
| FY2024 | $230.8M | +4.6% |
| FY2023 | $220.6M | -20.6% |
| FY2022 | $277.9M | +28.0% |
| FY2021 | $217.0M | +5.2% |
| FY2020 | $206.4M | -10.5% |
| FY2019 | $230.6M | +36.7% |
| FY2018 | $168.7M | -60.9% |
| FY2017 | $431.5M | +1.1% |
| FY2016 | $426.7M | +15.4% |
As of FY2025 · SEC 10-K · Updated Mar 9, 2026