Hormel Foods Corporation (HRL) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Total Current Assets | 3.49B | 3.39B | 3.41B | 3.32B | 3.28B | 3.27B | 3.25B | 3B | 3.98B | 3.37B | 3.3B | 3.25B | 3.16B | 3.2B | 3.64B | 3.4B | 3.37B | 3.09B | 2.95B | 2.69B |
| Cash & Short-Term Investments | 859.86M | 901.21M | 703.59M | 630.67M | 698.98M | 866.41M | 766.62M | 561.93M | 1.51B | 981.92M | 753.2M | 686.55M | 598.03M | 617.58M | 998.26M | 868.66M | 885.2M | 846.63M | 634.69M | 309.74M |
| Cash Only | 826.75M | 867.91M | 670.68M | 599.19M | 669.69M | 840.4M | 741.88M | 537.48M | 1.49B | 963.21M | 736.53M | 669.12M | 580.5M | 599.79M | 982.11M | 850.34M | 861.72M | 824.43M | 613.53M | 291.36M |
| Short-Term Investments | 33.11M | 33.3M | 32.91M | 31.48M | 29.29M | 26.02M | 24.74M | 24.45M | 23.07M | 18.71M | 16.66M | 17.42M | 17.53M | 17.79M | 16.15M | 18.31M | 23.48M | 22.19M | 21.16M | 18.37M |
| Accounts Receivable | 818.83M | 755.06M | 784.81M | 814.9M | 794.51M | 818.55M | 868.29M | 727.05M | 731.98M | 751.05M | 824.63M | 793.74M | 769.13M | 794.36M | 874.77M | 810.58M | 803.05M | 820.4M | 904.01M | 912.42M |
| Days Sales Outstanding | 24.09 | 23.14 | 22.85 | 24.14 | 25.32 | 24.55 | 24.15 | 22.9 | 23.37 | 23.4 | 23.53 | 24 | 23.89 | 25.28 | 23.61 | 24.2 | 23.85 | 25.77 | 25.76 | 26.12 |
| Inventory | 1.75B | 1.65B | 1.75B | 1.82B | 1.73B | 1.52B | 1.58B | 1.65B | 1.67B | 1.58B | 1.68B | 1.74B | 1.75B | 1.73B | 1.72B | 1.68B | 1.6B | 1.39B | 1.37B | 1.43B |
| Days Inventory Outstanding | 62.85 | 60.39 | 59.25 | 63.47 | 61.17 | 53.53 | 58.56 | 62.74 | 62.07 | 58.28 | 59.23 | 64.3 | 63.61 | 62.66 | 57.48 | 58.96 | 53.37 | 50.03 | 47.62 | 49.52 |
| Other Current Assets | 64.01M | 84.7M | 169.98M | 55.06M | 59.34M | 64.39M | 35.27M | 58.81M | 61.59M | 56M | 39.01M | 36.61M | 49.65M | 13.22M | -1K | 1K | 56.83M | -2K | 0 | 13.53M |
| Total Non-Current Assets | 9.85B | 9.93B | 9.99B | 10.17B | 10.14B | 10.14B | 10.19B | 10.12B | 10.16B | 10.15B | 10.15B | 10.17B | 10.15B | 10.09B | 9.67B | 9.74B | 9.75B | 9.73B | 9.75B | 9.64B |
| Property, Plant & Equipment | 2.17B | 2.24B | 2.24B | 2.21B | 2.19B | 2.17B | 2.19B | 2.17B | 2.16B | 2.16B | 2.17B | 2.13B | 2.12B | 2.12B | 2.14B | 2.12B | 2.12B | 2.1B | 2.11B | 2.07B |
| Fixed Asset Turnover | 1.35x | 1.35x | 1.43x | 1.38x | 1.33x | 1.37x | 1.44x | 1.34x | 1.34x | 1.39x | 1.49x | 1.39x | 1.40x | 1.39x | 1.54x | 1.43x | 1.47x | 1.45x | 1.65x | 1.44x |
| Goodwill | 4.87B | 4.89B | 4.92B | 4.92B | 4.92B | 4.92B | 4.92B | 4.92B | 4.93B | 4.93B | 4.93B | 4.93B | 4.93B | 4.93B | 4.93B | 4.93B | 4.94B | 4.93B | 4.93B | 4.91B |
| Intangible Assets | 1.59B | 1.59B | 1.65B | 1.72B | 1.72B | 1.73B | 1.73B | 1.74B | 1.75B | 1.75B | 1.76B | 1.79B | 1.79B | 1.8B | 1.8B | 1.81B | 1.81B | 1.82B | 1.82B | 1.86B |
| Long-Term Investments | 568.55M | 577.06M | 533.98M | 698.63M | 682.81M | 710.43M | 719.48M | 680.39M | 710.03M | 728.15M | 725.12M | 743.47M | 742.29M | 701.63M | 271.06M | 277.73M | 275.85M | 286.49M | 299.02M | 304.42M |
| Other Non-Current Assets | 658.47M | 633.02M | 643.33M | 618.19M | 619.64M | 607.66M | 617.85M | 600.07M | 607.89M | 577.74M | 574.95M | 574.68M | 567.16M | 535.05M | 528.74M | 603.57M | 598.93M | 600.03M | 589M | 501.16M |
| Total Assets | 13.34B | 13.32B | 13.39B | 13.5B | 13.42B | 13.4B | 13.43B | 13.11B | 14.14B | 13.51B | 13.45B | 13.43B | 13.32B | 13.28B | 13.31B | 13.14B | 13.12B | 12.83B | 12.7B | 12.33B |
| Asset Turnover | 0.22x | 0.23x | 0.24x | 0.23x | 0.22x | 0.22x | 0.24x | 0.21x | 0.21x | 0.22x | 0.24x | 0.22x | 0.22x | 0.22x | 0.25x | 0.23x | 0.24x | 0.24x | 0.28x | 0.26x |
| Asset Growth % | -0.58% | -0.65% | -0.31% | 2.92% | -5.05% | -0.81% | -0.1% | -2.33% | 6.16% | 1.73% | 1.07% | 2.18% | 1.47% | 3.56% | 4.81% | 6.55% | 32.7% | 28.81% | 28.14% | 28.45% |
| Total Current Liabilities | 1.8B | 1.27B | 1.38B | 1.35B | 1.33B | 1.33B | 1.4B | 1.31B | 2.3B | 2.26B | 2.31B | 2.32B | 1.31B | 1.37B | 1.47B | 1.42B | 1.48B | 1.42B | 1.42B | 1.25B |
| Accounts Payable | 669.38M | 670.94M | 731.58M | 707.75M | 716.89M | 709.19M | 735.6M | 675.17M | 691.5M | 744.12M | 771.4M | 703.41M | 750.29M | 764.52M | 816.6M | 799.2M | 826.73M | 799.37M | 793.31M | 654.16M |
| Days Payables Outstanding | 24.79 | 24.95 | 23.89 | 25.46 | 26.88 | 25 | 25.61 | 25.8 | 27.4 | 27.1 | 25.55 | 26.83 | 27.72 | 28.75 | 27.36 | 29.26 | 29.09 | 28.92 | 24.66 | 22.96 |
| Short-Term Debt | 505.33M | 6.49M | 6.65M | 6.74M | 7.25M | 7.19M | 7.81M | 8.23M | 957.29M | 954.03M | 950.53M | 946.98M | 8.96M | 8.93M | 8.8M | 8.81M | 8.08M | 8.83M | 8.76M | 8.73M |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 383.48M | 366.04M | 226.46M | 251.86M | 239.39M | 230.04M | 283.49M | 248.95M | 238.71M | 212.72M | 263.33M | 241.88M | 228.68M | 213.54M | 279.07M | 248.55M | 244.66M | 214.35M | 269.33M | 245.34M |
| Current Ratio | 1.94x | 2.66x | 2.47x | 2.47x | 2.47x | 2.45x | 2.32x | 2.29x | 1.73x | 1.49x | 1.43x | 1.40x | 2.42x | 2.33x | 2.47x | 2.40x | 2.28x | 2.19x | 2.08x | 2.15x |
| Quick Ratio | 0.97x | 1.37x | 1.20x | 1.12x | 1.17x | 1.31x | 1.19x | 1.03x | 1.00x | 0.79x | 0.70x | 0.65x | 1.09x | 1.07x | 1.30x | 1.21x | 1.20x | 1.21x | 1.12x | 1.01x |
| Cash Conversion Cycle | 62.15 | 58.58 | 58.2 | 62.15 | 59.62 | 53.07 | 57.1 | 59.84 | 58.04 | 54.57 | 57.21 | 61.46 | 59.78 | 59.19 | 53.74 | 53.89 | 48.13 | 46.88 | 48.73 | 52.67 |
| Total Non-Current Liabilities | 3.58B | 4.09B | 4.1B | 4.06B | 4.05B | 4.03B | 4.03B | 3.93B | 3.93B | 3.4B | 3.4B | 3.39B | 4.32B | 4.29B | 4.29B | 4.35B | 4.3B | 4.31B | 4.3B | 4.29B |
| Long-Term Debt | 2.35B | 2.85B | 2.85B | 2.85B | 2.85B | 2.85B | 2.85B | 2.85B | 2.85B | 2.36B | 2.36B | 2.36B | 3.29B | 3.29B | 3.29B | 3.29B | 3.29B | 3.31B | 3.32B | 3.32B |
| Capital Lease Obligations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 657.43M | 663.85M | 661.35M | 595.07M | 594.5M | 594.79M | 589.37M | 499.1M | 504.91M | 500.58M | 498.11M | 467.83M | 466.13M | 471.46M | 475.21M | 354.05M | 291.84M | 281.51M | 278.18M | 236.57M |
| Other Non-Current Liabilities | 569.18M | 575.45M | 584.38M | 612.87M | 607M | 588.24M | 591.11M | 576.09M | 576.6M | 545.88M | 541.19M | 560.07M | 558.33M | 526.65M | 527.67M | 705.23M | 710.45M | 714.68M | 708.98M | 734.43M |
| Total Liabilities | 5.38B | 5.36B | 5.48B | 5.4B | 5.38B | 5.37B | 5.43B | 5.24B | 6.24B | 5.66B | 5.71B | 5.71B | 5.62B | 5.66B | 5.77B | 5.77B | 5.78B | 5.72B | 5.72B | 5.54B |
| Total Debt | 2.86B | 2.86B | 2.86B | 2.86B | 2.86B | 2.86B | 2.86B | 2.86B | 3.81B | 3.31B | 3.31B | 3.31B | 3.3B | 3.3B | 3.3B | 3.3B | 3.3B | 3.32B | 3.32B | 3.32B |
| Net Debt | 2.03B | 1.99B | 2.19B | 2.26B | 2.19B | 2.02B | 2.12B | 2.32B | 2.32B | 2.35B | 2.57B | 2.64B | 2.72B | 2.7B | 2.32B | 2.45B | 2.44B | 2.49B | 2.71B | 3.03B |
| Debt / Equity | 0.36x | 0.36x | 0.36x | 0.35x | 0.36x | 0.36x | 0.36x | 0.36x | 0.48x | 0.42x | 0.43x | 0.43x | 0.43x | 0.43x | 0.44x | 0.45x | 0.45x | 0.47x | 0.48x | 0.49x |
| Debt / EBITDA | 8.82x | 9.19x | 39.94x | 9.38x | 9.15x | 9.71x | 7.92x | 9.52x | 12.06x | 9.50x | 10.78x | 11.78x | 9.24x | 9.41x | 7.53x | 9.27x | 8.32x | 8.64x | 7.85x | 12.47x |
| Net Debt / EBITDA | 6.27x | 6.40x | 30.56x | 7.42x | 7.01x | 6.86x | 5.87x | 7.73x | 7.35x | 6.74x | 8.38x | 9.39x | 7.62x | 7.70x | 5.29x | 6.89x | 6.15x | 6.49x | 6.40x | 11.38x |
| Interest Coverage | 12.71x | 12.88x | -0.10x | 13.15x | 12.81x | 12.21x | 15.41x | 11.52x | 12.26x | 16.58x | 14.39x | 12.30x | 16.22x | 16.33x | 21.31x | 19.56x | 22.96x | 22.10x | 23.59x | 18.45x |
| Total Equity | 7.96B | 7.95B | 7.92B | 8.09B | 8.04B | 8.04B | 8B | 7.88B | 7.9B | 7.85B | 7.74B | 7.72B | 7.69B | 7.62B | 7.54B | 7.37B | 7.35B | 7.11B | 6.98B | 6.79B |
| Equity Growth % | -0.97% | -1.06% | -1.1% | 2.74% | 1.84% | 2.42% | 3.42% | 2.06% | 2.66% | 3.01% | 2.64% | 4.76% | 4.72% | 7.21% | 8.05% | 8.44% | 9.53% | 8.4% | 8.52% | 8.32% |
| Book Value per Share | 14.46 | 14.44 | 14.38 | 14.70 | 14.61 | 14.62 | 14.57 | 14.34 | 14.39 | 14.32 | 14.12 | 14.07 | 14.01 | 13.91 | 13.71 | 13.39 | 13.35 | 12.97 | 12.75 | 12.40 |
| Total Shareholders' Equity | 7.95B | 7.94B | 7.9B | 8.08B | 8.03B | 8.03B | 7.99B | 7.87B | 7.89B | 7.84B | 7.73B | 7.71B | 7.69B | 7.61B | 7.54B | 7.36B | 7.34B | 7.1B | 6.97B | 6.79B |
| Common Stock | 8.06M | 8.06M | 8.06M | 8.06M | 8.06M | 8.05M | 8.04M | 8.03M | 8.03M | 8.02M | 8.01M | 8.01M | 8M | 8.01M | 8M | 8M | 8M | 7.96M | 7.95M | 7.95M |
| Retained Earnings | 7.53B | 7.54B | 7.52B | 7.73B | 7.71B | 7.69B | 7.68B | 7.61B | 7.59B | 7.56B | 7.49B | 7.45B | 7.44B | 7.38B | 7.31B | 7.18B | 7.1B | 6.98B | 6.88B | 6.74B |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -227.99M | -233.02M | -243.65M | -275.01M | -298.6M | -271.26M | -263.33M | -314.37M | -262.32M | -250.78M | -272.25M | -241.61M | -244.89M | -252.26M | -255.56M | -282.57M | -221.16M | -265.52M | -277.27M | -317.53M |
| Minority Interest | 14.56M | 14.71M | 14.64M | 9.82M | 9.6M | 10.1M | 10.59M | 10.11M | 10.46M | 4.46M | 4.1M | 4.6M | 5.11M | 5.09M | 4.94M | 5.27M | 5.81M | 5.74M | 5.48M | 5.45M |