Hormel Foods Balance Sheet

Financials in millions USD. Fiscal year is November - October.

Millions USD. Fiscal year is Nov - Oct.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jan '26 Jan 25, 2026	Oct '25 Oct 26, 2025	Oct '24 Oct 27, 2024	Oct '23 Oct 29, 2023	Oct '22 Oct 30, 2022	Oct '21 Oct 31, 2021
Cash & Equivalents	867.91	670.68	741.88	736.53	982.11	613.53
Short-Term Investments	33.3	32.91	24.74	16.66	16.15	21.16
Cash & Short-Term Investments	901.21	703.59	766.62	753.2	998.26	634.69
Cash Growth	4.02%	-8.22%	1.78%	-24.55%	57.28%	-63.35%
Accounts Receivable	696.25	784.81	817.91	817.39	867.59	895.72
Other Receivables	58.81	96.79	50.38	7.24	7.18	8.29
Receivables	755.06	881.6	868.29	824.63	874.77	904.01
Inventory	1,647	1,747	1,576	1,680	1,716	1,369
Prepaid Expenses	72.07	63.02	27.2	20.04	35.59	26.39
Other Current Assets	12.63	10.17	8.07	18.97	12.45	13.52
Total Current Assets	3,388	3,406	3,246	3,297	3,637	2,948
Property, Plant & Equipment	2,241	2,402	2,342	2,298	2,215	2,181
Long-Term Investments	577.06	533.98	719.48	725.12	271.06	299.02
Goodwill	4,889	4,924	4,923	4,928	4,926	4,929
Other Intangible Assets	1,588	1,647	1,733	1,757	1,803	1,822
Other Long-Term Assets	633.02	479.97	470.15	443.03	455.12	516.71
Total Assets	13,316	13,393	13,435	13,449	13,307	12,696
Accounts Payable	670.65	731.58	735.6	771.4	816.6	793.31
Accrued Expenses	590.51	589.1	601.9	548.4	593.76	571.74
Current Portion of Long-Term Debt	6.49	0.55	0.43	941.93	0.41	0.39
Current Portion of Leases	-	40.82	39.45	34.84	29.57	26.69
Current Income Taxes Payable	4.98	18.75	21.92	15.21	32.93	23.52
Other Current Liabilities	0.29	-0	-0	-0	-	-
Total Current Liabilities	1,273	1,381	1,399	2,312	1,473	1,416
Long-Term Debt	2,829	2,834	2,831	2,331	3,254	3,271
Long-Term Leases	22.38	150.29	141.44	136.73	91.65	101.42
Pension & Post-Retirement Benefits	356.11	358.98	379.89	349.27	385.83	546.36
Long-Term Deferred Tax Liabilities	663.85	661.35	589.37	498.11	475.21	278.18
Other Long-Term Liabilities	219.34	92.13	89.93	82.68	86.27	105.84
Total Liabilities	5,363	5,477	5,431	5,710	5,767	5,718
Common Stock	8.06	8.06	8.04	8.01	8	7.95
Additional Paid-In Capital	625.98	620.07	571.18	506.18	469.47	360.34
Retained Earnings	7,537	7,517	7,678	7,493	7,313	6,882
Comprehensive Income & Other	-233.02	-243.65	-263.33	-272.25	-255.56	-277.27
Total Common Equity	7,939	7,901	7,993	7,735	7,535	6,973
Minority Interest	14.71	14.64	10.59	4.1	4.94	5.48
Shareholders' Equity	7,953	7,916	8,004	7,739	7,540	6,978
Total Liabilities & Equity	13,316	13,393	13,435	13,449	13,307	12,696
Total Debt	2,857	3,025	3,012	3,445	3,376	3,399
Net Cash (Debt)	-1,956	-2,322	-2,245	-2,692	-2,378	-2,764
Net Cash Per Share	-3.55	-4.22	-4.09	-4.90	-4.33	-5.05
Filing Date Shares Outstanding	550.28	550.11	549.01	546.84	546.42	542.57
Total Common Shares Outstanding	550.21	550.11	548.61	546.6	546.24	542.41
Working Capital	2,115	2,025	1,847	985.47	2,164	1,532
Book Value Per Share	14.43	14.36	14.57	14.15	13.79	12.86
Tangible Book Value	1,462	1,330	1,337	1,049	806.43	221.51
Tangible Book Value Per Share	2.66	2.42	2.44	1.92	1.48	0.41
Land	74.97	74.71	75.16	74.63	74.3	72.13
Buildings	1,539	1,537	1,504	1,458	1,398	1,333
Machinery	3,055	3,015	2,905	2,782	2,637	2,415
Construction In Progress	283.25	286.47	228.73	195.67	216.25	316.46

Source: S&P Global Market Intelligence. Standard template. Financial Sources.