Hormel Foods Balance Sheet
NYSE: HRLConsumer StaplesMeat/Poultry/FishUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Hormel Foods financial position
At the end of fiscal 2025, Hormel Foods reported total assets of $13.39 billion, down 0.3% from a year earlier against total liabilities of $5.48 billion. Shareholders' equity stood at $7.90 billion, or 59.0% of assets. The company held $670.7 million in cash and equivalents against $2.86 billion of debt, a net debt position of $2.19 billion.
The current ratio (current assets divided by current liabilities) was 2.47, meaning short-term assets cover obligations due within a year. Debt-to-equity was 0.36.
Summary generated from market data by MetaCap's automated system. Methodology
Hormel Foods balance sheet (annual)
| Fiscal year (USD) | FY 20252025-10-26 | FY 20242024-10-27 | FY 20232023-10-29 | FY 20222022-10-30 | FY 20212021-10-31 | FY 20202020-10-25 | FY 20192019-10-27 | FY 20182018-10-28 | FY 20172017-10-29 | FY 20162016-10-30 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 670.68M | 741.88M | 736.53M | 982.11M | 613.53M | 1.71B | 672.90M | 459.14M | 444.12M | 415.14M |
| Short-Term Investments | 32.91M | 24.74M | 16.66M | 16.15M | 21.16M | 17.34M | 14.74M | 0 | — | — |
| Receivables | 784.81M | 817.91M | 817.39M | 867.59M | 895.72M | 702.42M | 574.40M | 600.44M | 618.35M | 591.31M |
| Inventory | 1.75B | 1.58B | 1.68B | 1.72B | 1.37B | 1.07B | 1.04B | 963.53M | 921.02M | 985.68M |
| Total Current Assets | 3.41B | 3.25B | 3.30B | 3.64B | 2.95B | 3.58B | 2.36B | 2.05B | 2.03B | 2.03B |
| Property, Plant & Equipment | 2.24B | 2.19B | 2.17B | 2.14B | 2.11B | 1.90B | 1.63B | 1.51B | 1.20B | 1.11B |
| Goodwill | 4.92B | 4.92B | 4.93B | 4.93B | 4.93B | 2.61B | 2.48B | 2.71B | 2.12B | 1.83B |
| Intangible Assets | 1.65B | 1.73B | 1.76B | 1.80B | 1.82B | 1.08B | 1.03B | 1.21B | 1.03B | 903.26M |
| Total Assets | 13.39B | 13.43B | 13.45B | 13.31B | 12.70B | 9.91B | 8.11B | 8.14B | 6.98B | 6.98B |
| Accounts Payable | 731.58M | 735.60M | 771.40M | 816.60M | 793.31M | 644.61M | 590.03M | 618.83M | 552.71M | 481.83M |
| Short-Term Debt | 6.65M | 7.81M | 950.53M | 8.80M | 8.76M | 258.69M | 0 | 0 | 0 | — |
| Total Current Liabilities | 1.38B | 1.40B | 2.31B | 1.47B | 1.42B | 1.50B | 1.11B | 1.14B | 1.06B | 1.05B |
| Long-Term Debt | 2.85B | 2.85B | 2.36B | 3.29B | 3.32B | 1.04B | 250.00M | 624.84M | 250.00M | 250.00M |
| Total Liabilities | 5.48B | 5.43B | 5.71B | 5.77B | 5.72B | 3.48B | 2.18B | 2.54B | 2.04B | 1.92B |
| Shareholders' Equity | 7.90B | 7.99B | 7.73B | 7.54B | 6.97B | 6.43B | 5.92B | 5.60B | 4.94B | 4.45B |
| Retained Earnings | 7.52B | 7.68B | 7.49B | 7.31B | 6.88B | 6.52B | 6.13B | 5.73B | 5.16B | 4.74B |
| Total Debt | 2.86B | 2.86B | 3.31B | 3.30B | 3.32B | 1.30B | 250.00M | 624.84M | 250.00M | 250.00M |
| Net Cash (Debt) | -2.15B | -2.09B | -2.56B | -2.30B | -2.69B | 428.02M | 437.64M | -165.70M | 194.12M | 165.14M |
This table shows 10 annual periods of Hormel Foods's balance sheet, from FY 2025 back to FY 2016, across 18 line items including cash & equivalents, short-term investments, receivables. Values in USD; B = billions, M = millions. Fiscal periods follow HRL's reporting calendar. What is a balance sheet?