Hormel Foods Quarterly Balance Sheet
NYSE: HRLConsumer StaplesMeat/Poultry/FishUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Hormel Foods financial position
As of Jul 26, 2026, Hormel Foods reported total assets of $13.29 billion, down 1.5% from a year earlier against total liabilities of $5.43 billion. Shareholders' equity stood at $7.84 billion, or 59.0% of assets. The company held $839.6 million in cash and equivalents against $2.86 billion of debt, a net debt position of $2.02 billion.
The current ratio (current assets divided by current liabilities) was 1.88, 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 (quarterly)
| Quarter (USD) | Q3 20262026-07-26 | Q2 20262026-04-26 | Q1 20262026-01-25 | Q4 20252025-10-26 | Q3 20252025-07-27 | Q2 20252025-04-27 | Q1 20252025-01-26 | Q4 20242024-10-27 | Q3 20242024-07-28 | Q2 20242024-04-28 | Q1 20242024-01-28 | Q4 20232023-10-29 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 839.64M | 826.75M | 867.91M | 670.68M | 599.19M | 669.69M | 840.40M | 741.88M | 537.48M | 1.49B | 963.21M | 736.53M |
| Short-Term Investments | 28.81M | 33.11M | 33.30M | 32.91M | 31.48M | 29.29M | 26.02M | 24.74M | 24.45M | 23.07M | 18.71M | 16.66M |
| Receivables | — | — | 696.25M | 784.81M | 764.34M | 743.98M | 767.80M | 817.91M | 727.05M | 731.98M | 751.05M | 817.39M |
| Inventory | 1.80B | 1.75B | 1.65B | 1.75B | 1.82B | 1.73B | 1.52B | 1.58B | 1.65B | 1.67B | 1.58B | 1.68B |
| Total Current Assets | 3.53B | 3.49B | 3.39B | 3.41B | 3.32B | 3.28B | 3.27B | 3.25B | 3.00B | 3.98B | 3.37B | 3.30B |
| Property, Plant & Equipment | 2.16B | 2.17B | 2.24B | 2.24B | 2.21B | 2.19B | 2.17B | 2.19B | 2.17B | 2.16B | 2.16B | 2.17B |
| Goodwill | 4.87B | 4.87B | 4.89B | 4.92B | 4.92B | 4.92B | 4.92B | 4.92B | 4.92B | 4.93B | 4.93B | 4.93B |
| Intangible Assets | 1.57B | 1.59B | 1.59B | 1.65B | 1.72B | 1.72B | 1.73B | 1.73B | 1.74B | 1.75B | 1.75B | 1.76B |
| Total Assets | 13.29B | 13.34B | 13.32B | 13.39B | 13.50B | 13.42B | 13.40B | 13.43B | 13.11B | 14.14B | 13.51B | 13.45B |
| Accounts Payable | 678.00M | 669.38M | 670.94M | 731.58M | 707.75M | 716.89M | 709.19M | 735.60M | 675.17M | 691.50M | 744.12M | 771.40M |
| Short-Term Debt | 505.63M | 505.33M | 6.49M | 6.65M | 6.74M | 7.25M | 7.19M | 7.81M | 8.23M | 957.29M | 954.03M | 950.53M |
| Total Current Liabilities | 1.87B | 1.80B | 1.27B | 1.38B | 1.35B | 1.33B | 1.33B | 1.40B | 1.31B | 2.30B | 2.26B | 2.31B |
| Long-Term Debt | 2.35B | 2.35B | 2.85B | 2.85B | 2.85B | 2.85B | 2.85B | 2.85B | 2.85B | 2.85B | 2.36B | 2.36B |
| Total Liabilities | 5.43B | 5.38B | 5.36B | 5.48B | 5.40B | 5.38B | 5.37B | 5.43B | 5.24B | 6.24B | 5.66B | 5.71B |
| Shareholders' Equity | 7.84B | 7.95B | 7.94B | 7.90B | 8.08B | 8.03B | 8.03B | 7.99B | 7.87B | 7.89B | 7.84B | 7.73B |
| Retained Earnings | 7.43B | 7.53B | 7.54B | 7.52B | 7.73B | 7.71B | 7.69B | 7.68B | 7.61B | 7.59B | 7.56B | 7.49B |
| Total Debt | 2.86B | 2.86B | 2.86B | 2.86B | 2.86B | 2.86B | 2.86B | 2.86B | 2.86B | 3.81B | 3.31B | 3.31B |
| Net Cash (Debt) | -1.99B | -2.00B | -1.96B | -2.15B | -2.23B | -2.16B | -1.99B | -2.09B | -2.30B | -2.30B | -2.33B | -2.56B |
This table shows 12 quarterly periods of Hormel Foods's balance sheet, from Q3 2026 back to Q4 2023, 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?