HORMEL FOODS CORP /DE/ Annual Income Tax Expense (Benefit) in USD from 2010 to 2023

Taxonomy & unit
us-gaap: USD
Description
Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.
Summary
Hormel Foods Corp /De/ quarterly/annual Income Tax Expense (Benefit) history and growth rate from 2010 to 2023.
  • Hormel Foods Corp /De/ Income Tax Expense (Benefit) for the quarter ending April 28, 2024 was $54.9M, a 10.9% decline year-over-year.
  • Hormel Foods Corp /De/ Income Tax Expense (Benefit) for the twelve months ending April 28, 2024 was $217M, a 20.7% decline year-over-year.
  • Hormel Foods Corp /De/ annual Income Tax Expense (Benefit) for 2023 was $221M, a 20.6% decline from 2022.
  • Hormel Foods Corp /De/ annual Income Tax Expense (Benefit) for 2022 was $278M, a 28% increase from 2021.
  • Hormel Foods Corp /De/ annual Income Tax Expense (Benefit) for 2021 was $217M, a 5.15% increase from 2020.
Income Tax Expense (Benefit), Trailing 12 Months (USD)
Income Tax Expense (Benefit), Annual (USD)
Income Tax Expense (Benefit), YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $221M -$57.3M -20.6% Oct 31, 2022 Oct 29, 2023 10-K 2023-12-06
2022 $278M +$60.8M +28% Nov 1, 2021 Oct 30, 2022 10-K 2023-12-06
2021 $217M +$10.6M +5.15% Oct 26, 2020 Oct 31, 2021 10-K 2023-12-06
2020 $206M -$24.2M -10.5% Oct 28, 2019 Oct 25, 2020 10-K 2022-12-06
2019 $231M +$61.9M +36.7% Oct 29, 2018 Oct 27, 2019 10-K 2021-12-10
2018 $169M -$263M -60.9% Oct 30, 2017 Oct 28, 2018 10-K 2020-12-04
2017 $432M +$4.84M +1.14% Oct 31, 2016 Oct 29, 2017 10-K 2019-12-06
2016 $427M +$56.8M +15.4% Oct 26, 2015 Oct 30, 2016 10-K 2018-12-07
2015 $370M +$53.8M +17% Oct 27, 2014 Oct 25, 2015 10-K 2017-12-20
2014 $316M +$47.7M +17.8% Oct 28, 2013 Oct 26, 2014 10-K 2016-12-21
2013 $268M +$15.1M +5.94% Oct 29, 2012 Oct 27, 2013 10-K 2015-12-16
2012 $253M +$13.7M +5.73% Oct 31, 2011 Oct 28, 2012 10-K 2014-12-17
2011 $240M +$14.9M +6.61% Nov 1, 2010 Oct 30, 2011 10-K 2013-12-18
2010 $225M Oct 26, 2009 Oct 31, 2010 10-K 2012-12-19
* An asterisk sign (*) next to the value indicates that the value is likely invalid.