Hormel Foods Corporation (HRL)

Hormel Foods Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jul 27, 2025	Oct 27, 2024	Oct 29, 2023	Oct 30, 2022	Oct 31, 2021	Oct 25, 2020
Cash & Equivalents	599.19	741.88	736.53	982.11	613.53	1,714
Short-Term Investments	31.48	24.74	16.66	16.15	21.16	17.34
Cash & Short-Term Investments	630.67	766.62	753.2	998.26	634.69	1,732
Cash Growth	12.23%	1.78%	-24.55%	57.28%	-63.35%	151.83%
Accounts Receivable	764.34	817.91	817.39	867.59	895.72	702.42
Other Receivables	50.56	50.38	7.24	7.18	8.29	41.45
Receivables	814.9	868.29	824.63	874.77	904.01	743.87
Inventory	1,822	1,576	1,680	1,716	1,369	1,073
Prepaid Expenses	45	27.2	20.04	35.59	26.39	18.35
Other Current Assets	10.07	8.07	18.97	12.45	13.52	12.44
Total Current Assets	3,322	3,246	3,297	3,637	2,948	3,579
Property, Plant & Equipment	2,213	2,342	2,298	2,215	2,181	1,951
Long-Term Investments	698.63	719.48	725.12	271.06	299.02	308.37
Goodwill	4,923	4,923	4,928	4,926	4,929	2,613
Other Intangible Assets	1,721	1,733	1,757	1,803	1,822	1,076
Other Long-Term Assets	618.19	470.15	443.03	455.12	516.71	380.49
Total Assets	13,497	13,435	13,449	13,307	12,696	9,908
Accounts Payable	707.75	735.6	771.4	816.6	793.31	644.61
Accrued Expenses	602.59	601.9	548.4	593.76	571.74	566.16
Current Portion of Long-Term Debt	6.74	0.43	941.93	0.41	0.39	250.38
Current Portion of Leases	-	39.45	34.84	29.57	26.69	20.33
Current Income Taxes Payable	28.45	21.92	15.21	32.93	23.52	22.48
Other Current Liabilities	-0	-0	-0	-	-	-
Total Current Liabilities	1,346	1,399	2,312	1,473	1,416	1,504
Long-Term Debt	2,827	2,831	2,331	3,254	3,271	992.21
Long-Term Leases	23.37	141.44	136.73	91.65	101.42	95.85
Long-Term Deferred Tax Liabilities	595.07	589.37	498.11	475.21	278.18	218.78
Other Long-Term Liabilities	226.32	89.93	82.68	86.27	105.84	114.27
Total Liabilities	5,404	5,431	5,710	5,767	5,718	3,478
Common Stock	8.06	8.04	8.01	8	7.95	7.91
Additional Paid-In Capital	617.6	571.18	506.18	469.47	360.34	289.55
Retained Earnings	7,733	7,678	7,493	7,313	6,882	6,523
Comprehensive Income & Other	-275.01	-263.33	-272.25	-255.56	-277.27	-395.25
Total Common Equity	8,083	7,993	7,735	7,535	6,973	6,426
Minority Interest	9.82	10.59	4.1	4.94	5.48	4.78
Shareholders' Equity	8,093	8,004	7,739	7,540	6,978	6,430
Total Liabilities & Equity	13,497	13,435	13,449	13,307	12,696	9,908
Total Debt	2,857	3,012	3,445	3,376	3,399	1,359
Net Cash (Debt)	-2,226	-2,245	-2,692	-2,378	-2,764	372.87
Net Cash Growth	-	-	-	-	-	-14.80%
Net Cash Per Share	-4.05	-4.09	-4.90	-4.33	-5.05	0.68
Filing Date Shares Outstanding	550	549.01	546.84	546.42	542.57	539.92
Total Common Shares Outstanding	550	548.61	546.6	546.24	542.41	539.89
Working Capital	1,977	1,847	985.47	2,164	1,532	2,075
Book Value Per Share	14.70	14.57	14.15	13.79	12.86	11.90
Tangible Book Value	1,439	1,337	1,049	806.43	221.51	2,737
Tangible Book Value Per Share	2.62	2.44	1.92	1.48	0.41	5.07
Land	74.41	75.16	74.63	74.3	72.13	62.54
Buildings	1,506	1,504	1,458	1,398	1,333	1,251
Machinery	2,940	2,905	2,782	2,637	2,415	2,085
Construction In Progress	330.41	228.73	195.67	216.25	316.46	369.45

Updated Aug 28, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q