Consumer Defensive - Packaged Foods - NYSE - US
$ 29.21
-3.95 %
$ 16 B
Market Cap
20.43
P/E
BALANCE SHEET
13.4 B
ASSETS
5.71 B
LIABILITIES
7.73 B
EQUITY
BALANCE SHEET DECOMPOSITION
Balance Sheet Decomposition
Hormel Foods Corporation
| Current Assets | 3.3 B |
| Cash & Short-Term Investments | 753 M |
| Receivables | 825 M |
| Other Current Assets | 1.72 B |
| Non-Current Assets | 10.2 B |
| Long-Term Investments | 725 M |
| PP&E | 2.3 B |
| Other Non-Current Assets | 7.13 B |
| Current Liabilities | 2.31 B |
| Accounts Payable | 771 M |
| Short-Term Debt | 942 M |
| Other Current Liabilities | 598 M |
| Non-Current Liabilities | 3.4 B |
| Long-Term Debt | 2.47 B |
| Other Non-Current Liabilities | 930 M |
Balance Sheet
Millions
| Oct-2023 | Oct-2022 | Oct-2021 | Oct-2020 | Oct-2019 | Oct-2018 | Oct-2017 | Oct-2016 | Oct-2015 | Oct-2014 | Oct-2013 | Oct-2012 | Oct-2011 | Oct-2010 | Oct-2009 | Oct-2008 | Oct-2007 | Oct-2006 | Oct-2005 | Oct-2004 | Oct-2003 | Oct-2002 | Oct-2001 | Oct-2000 | Oct-1999 | Oct-1998 | Oct-1997 | Oct-1996 | Oct-1995 | Oct-1994 | Oct-1993 | Oct-1992 | Oct-1991 | Oct-1990 | Oct-1989 | Oct-1988 | Oct-1987 | Oct-1986 | Oct-1985 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||||||||||||||||||||||||||||||||
| Cash & Cash Equivalents | 736.5 | 982.1 | 613.5 | 1 714.3 | 672.9 | 459.1 | 444.1 | 415.1 | 347.2 | 334.2 | 434.0 | 682.4 | 463.1 | 467.8 | 385.3 | 154.8 | 149.7 | 172.5 | 131.0 | 288.9 | 98.0 | 309.6 | 186.3 | 100.6 | 188.3 | 203.9 | 146.9 | 188.5 | 189.5 | 248.6 | 157.6 | 225.5 | 172.1 | 102.4 | 78.3 | 68.9 | 64.3 | 84.0 | 68.7 |
| Short Term Investments | 16.7 | 16.1 | 21.2 | 17.3 | 14.7 | 0 | 0 | 0 | 0 | 0 | 0 | 77.4 | 76.1 | 50.6 | 0 | 0 | 0 | 0 | 38.5 | 0 | 0 | 0 | 0 | 6.0 | 60.3 | 0 | 5.5 | 14.6 | 8.5 | 11.4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Receivables | 824.6 | 874.8 | 904.0 | 743.9 | 594.3 | 604.4 | 640.7 | 609.6 | 611.8 | 635.2 | 551.5 | 523.5 | 485.5 | 439.5 | 372.3 | 411.0 | 366.6 | 341.9 | 301.0 | 272.7 | 291.5 | 275.5 | 308.1 | 307.7 | 266.1 | 222.9 | 234.0 | 230.9 | 231.4 | 239.7 | 218.5 | 189.8 | 192.5 | 194.4 | 169.5 | 158.6 | 151.8 | 117.7 | 107.8 |
| Inventory | 1 680.4 | 1 716.1 | 1 369.2 | 1 072.8 | 1 042.4 | 963.5 | 921.0 | 985.7 | 993.3 | 1 054.6 | 968.0 | 950.5 | 885.8 | 793.8 | 722.4 | 784.5 | 647.0 | 570.9 | 496.0 | 425.7 | 403.2 | 355.6 | 355.1 | 281.4 | 270.2 | 239.5 | 265.3 | 271.1 | 210.9 | 199.2 | 208.1 | 185.9 | 176.4 | 184.3 | 165.0 | 143.0 | 136.4 | 116.5 | 109.9 |
| Other Current Assets | 39.0 | 55.2 | 39.9 | 30.8 | 37.1 | 23.0 | 20.7 | 19.5 | 110.7 | 108.8 | 93.9 | 86.9 | 87.7 | 106.5 | 94.8 | 87.8 | 68.4 | 56.3 | 60.1 | 42.1 | 31.3 | 21.5 | 33.8 | 15.4 | 15.2 | 51.1 | 25.2 | 32.8 | 27.5 | 20.7 | 35.7 | 7.9 | 5.4 | 5.8 | 4.2 | 5.5 | 13.5 | 2.5 | 2.1 |
| Total Current Assets | 3 297.2 | 3 637.1 | 2 947.8 | 3 579.1 | 2 361.4 | 2 050.1 | 2 026.5 | 2 029.9 | 2 063.0 | 2 132.8 | 2 047.4 | 2 320.7 | 1 998.2 | 1 858.2 | 1 574.7 | 1 438.2 | 1 231.7 | 1 141.7 | 1 041.1 | 1 029.4 | 824.0 | 962.2 | 883.3 | 711.1 | 800.1 | 717.4 | 671.4 | 723.3 | 659.3 | 708.2 | 619.9 | 609.1 | 546.4 | 486.9 | 417.0 | 376.0 | 366.0 | 320.7 | 288.5 |
| PP&E | 2 297.7 | 2 141.1 | 2 109.1 | 1 898.2 | 1 629.1 | 1 512.6 | 1 203.3 | 1 105.4 | 1 011.7 | 1 001.8 | 955.3 | 924.5 | 907.1 | 922.1 | 952.7 | 977.7 | 966.6 | 910.8 | 877.7 | 704.2 | 701.3 | 652.7 | 679.9 | 541.5 | 505.6 | 486.9 | 488.7 | 421.5 | 333.1 | 270.9 | 245.0 | 216.4 | 231.8 | 235.0 | 244.4 | 263.1 | 263.9 | 255.2 | 264.7 |
| Intangible Assets | 1 757.2 | 1 803.0 | 1 822.3 | 1 076.3 | 1 033.9 | 1 207.2 | 3 146.8 | 2 737.8 | 2 526.7 | 1 781.3 | 1 312.6 | 753.9 | 132.0 | 770.5 | 761.0 | 151.2 | 162.2 | 148.0 | 641.7 | 512.9 | 510.0 | 366.3 | 378.7 | 92.6 | 98.5 | 105.2 | 131.7 | 124.2 | 81.7 | 79.3 | 72.5 | 40.7 | 45.4 | 47.6 | 44.3 | 45.5 | 46.7 | 0 | 0 |
| Goodwill | 4 928.5 | 4 925.8 | 4 929.1 | 2 612.7 | 2 481.6 | 2 714.1 | 2 119.8 | 1 834.5 | 1 699.5 | 1 226.4 | 934.5 | 630.9 | 630.9 | 629.0 | 620.2 | 619.3 | 595.8 | 550.7 | 0 | 0 | 0 | 0 | 279.2 | 92.6 | 98.5 | 0 | 131.7 | 124.2 | 81.7 | 79.3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long Term Investments | 725.1 | 271.1 | 299.0 | 308.4 | 289.2 | 273.2 | 242.4 | 239.6 | 259.0 | 264.5 | 270.6 | 286.5 | 295.7 | 214.4 | 86.6 | 93.6 | 102.1 | 0 | 0 | 0 | 0 | 0 | 129.8 | 151.4 | 142.9 | 0 | 113.4 | 43.7 | 83.7 | 67.5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Long Term Assets | 443.0 | 53.5 | 299.9 | 250.4 | 177.9 | 188.0 | 599.3 | 251.1 | 538.4 | 539.8 | 304.9 | 134.1 | 220.6 | 216.3 | 195.0 | 247.2 | 269.1 | 301.8 | 260.7 | 287.4 | 357.8 | 232.5 | 90.5 | 296.6 | 281.4 | 246.4 | 236.7 | 167.1 | 149.8 | 138.3 | 156.2 | 46.8 | 33.2 | 29.9 | 21.7 | 21.9 | 21.4 | 8.8 | 7.7 |
| Other Assets | 0 | 4.9 | 5.5 | 4.8 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Assets | 13 448.8 | 13 311.9 | 12 701.8 | 9 913.1 | 8 109.0 | 8 142.3 | 6 975.9 | 6 370.1 | 6 139.8 | 5 455.6 | 4 915.9 | 4 564.0 | 4 244.4 | 4 053.9 | 3 692.1 | 3 616.5 | 3 393.7 | 3 060.3 | 2 822.4 | 2 534.0 | 2 393.1 | 2 220.2 | 2 162.7 | 1 641.9 | 1 685.6 | 1 555.9 | 1 528.5 | 1 436.1 | 1 223.9 | 1 196.7 | 1 093.6 | 913.0 | 856.8 | 799.4 | 727.4 | 706.5 | 698.0 | 584.7 | 560.9 |
| LIABILITIES | |||||||||||||||||||||||||||||||||||||||
| Accounts Payable | 771.4 | 816.6 | 793.3 | 644.6 | 590.0 | 618.8 | 552.7 | 481.8 | 495.3 | 484.0 | 387.3 | 385.9 | 381.7 | 345.6 | 280.6 | 378.5 | 290.9 | 271.4 | 255.1 | 203.6 | 195.8 | 174.1 | 171.2 | 154.9 | 162.6 | 119.8 | 120.4 | 121.0 | 97.5 | 112.9 | 98.4 | 82.7 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Short Term Debt | 941.9 | 0.4 | 8.8 | 258.7 | 0 | 0 | 0 | 0 | 185.0 | 0 | 0 | 0 | 0 | 350.0 | 0 | 100.0 | 70.0 | 0.4 | 11.1 | 15.8 | 14.3 | 13.8 | 39.0 | 38.4 | 41.2 | 6.1 | 4.6 | 2.5 | 2.1 | 0.4 | 0 | 0.2 | 4.3 | 1.8 | 1.2 | 26.3 | 51.2 | 1.1 | 0.8 |
| Other Current Liabilities | 583.2 | 623.3 | 590.1 | 578.2 | 508.8 | 517.6 | 505.0 | 567.0 | 526.9 | 465.1 | 388.1 | 395.6 | 388.4 | 396.3 | 389.3 | 290.4 | 292.4 | 313.3 | 317.0 | 245.0 | 231.9 | 222.2 | 210.0 | 140.3 | 181.6 | 141.8 | 135.6 | 142.9 | 118.2 | 151.6 | 128.7 | 125.0 | 196.0 | 191.3 | 186.8 | 193.2 | 166.8 | 123.4 | 134.7 |
| Total Current Liabilities | 2 311.8 | 1 473.3 | 1 415.7 | 1 504.0 | 1 105.0 | 1 138.9 | 1 058.2 | 1 053.2 | 1 214.0 | 954.7 | 784.0 | 829.1 | 778.2 | 1 101.2 | 685.0 | 781.2 | 664.8 | 585.0 | 583.2 | 464.4 | 442.0 | 410.1 | 420.2 | 342.6 | 385.4 | 267.7 | 260.6 | 266.4 | 217.8 | 264.9 | 227.1 | 207.9 | 200.3 | 193.1 | 188.0 | 219.5 | 218.0 | 124.5 | 135.5 |
| Long Term Debt | 2 468.0 | 3 382.2 | 3 416.6 | 1 044.9 | 250.0 | 624.8 | 250.0 | 250.0 | 250.0 | 250.0 | 250.0 | 250.0 | 250.0 | 0 | 350.0 | 350.0 | 350.0 | 350.1 | 350.4 | 361.5 | 395.3 | 409.6 | 462.4 | 145.9 | 184.7 | 204.9 | 198.2 | 127.0 | 17.0 | 10.3 | 5.7 | 7.6 | 22.8 | 24.5 | 19.2 | 20.4 | 48.8 | 65.7 | 64.3 |
| Deferred Tax Income | 498.1 | 475.2 | 278.2 | 218.8 | 176.6 | 197.1 | 98.4 | 367.3 | 64.1 | 24.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4.3 | 11.0 | 0 | 0.5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8.2 | 15.9 | 27.8 | 26.6 | 40.0 | 41.5 | 55.0 | 54.6 | 48.1 |
| Other Liabilities | 431.9 | 436.0 | 607.6 | 710.3 | 828.4 | 576.6 | 629.6 | 615.5 | 610.3 | 614.9 | 565.3 | 660.0 | 556.4 | 546.1 | 533.6 | 477.7 | 494.1 | 322.3 | 314.2 | 304.5 | 292.2 | 285.2 | 283.7 | 279.5 | 274.4 | 270.0 | 267.5 | 257.1 | 257.1 | 260.4 | 281.7 | 37.3 | 22.5 | 41.4 | 9.3 | 6.4 | 3.1 | 0 | 1.4 |
| Total Liabilities | 5 709.8 | 5 766.7 | 5 718.0 | 3 478.0 | 2 183.5 | 2 537.5 | 2 036.2 | 1 918.7 | 2 138.4 | 1 843.6 | 1 599.3 | 1 739.0 | 1 584.6 | 1 647.3 | 1 568.6 | 1 608.9 | 1 508.9 | 1 257.4 | 1 247.8 | 1 134.7 | 1 140.4 | 1 104.9 | 1 166.8 | 768.1 | 844.5 | 742.6 | 726.3 | 650.5 | 491.9 | 535.6 | 522.7 | 268.7 | 273.4 | 285.6 | 256.5 | 287.8 | 324.9 | 244.8 | 249.3 |
| EQUITY | |||||||||||||||||||||||||||||||||||||||
| Common Stock | 8.0 | 8.0 | 7.9 | 7.9 | 7.8 | 7.8 | 7.7 | 7.7 | 7.7 | 7.7 | 7.7 | 7.7 | 7.7 | 7.8 | 7.8 | 7.9 | 8.0 | 8.1 | 8.1 | 8.1 | 8.1 | 8.1 | 8.1 | 8.1 | 8.4 | 0 | 8.9 | 9.1 | 9.0 | 9.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Earnings | 7 493.0 | 7 313.4 | 6 881.9 | 6 523.3 | 6 128.2 | 5 730.0 | 5 162.6 | 4 736.6 | 4 216.1 | 3 805.7 | 3 452.5 | 3 135.3 | 2 824.3 | 2 568.8 | 2 318.4 | 2 112.9 | 1 978.6 | 1 821.2 | 1 588.2 | 1 414.7 | 1 265.7 | 1 140.1 | 1 010.5 | 886.7 | 839.1 | 810.3 | 793.3 | 744.8 | 710.3 | 640.0 | 551.5 | 629.4 | 570.7 | 503.9 | 461.3 | 408.8 | 362.4 | 328.2 | 299.8 |
| Other Accumulative Comprehensive Income/Loss | (272.3) | (255.6) | (277.3) | (395.2) | (399.5) | (243.5) | (248.1) | (296.3) | (225.7) | (207.7) | (149.2) | (323.6) | (175.5) | (175.9) | (202.8) | (113.2) | (101.8) | (18.0) | (24.9) | (23.5) | (25.1) | (33.0) | (25.9) | (20.9) | (6.3) | (451.7) | (431.2) | (407.1) | (388.8) | (366.3) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Equity | 7 739.0 | 7 545.2 | 6 983.8 | 6 435.1 | 5 929.6 | 5 608.8 | 4 943.5 | 4 454.8 | 4 004.6 | 3 618.4 | 3 322.1 | 2 830.4 | 2 659.8 | 2 412.6 | 2 123.5 | 2 007.6 | 1 884.8 | 1 802.9 | 1 574.6 | 1 399.2 | 1 252.7 | 1 115.3 | 995.9 | 873.9 | 841.1 | 813.3 | 802.2 | 785.6 | 732.0 | 661.1 | 570.9 | 644.3 | 583.4 | 513.8 | 470.9 | 418.7 | 373.1 | 339.9 | 311.6 |
| Total Liabilities and Equity | 13 448.8 | 13 311.9 | 12 701.8 | 9 913.1 | 8 109.0 | 8 142.3 | 6 975.9 | 6 370.1 | 6 139.8 | 5 455.6 | 4 915.9 | 4 564.0 | 4 244.4 | 4 053.9 | 3 692.1 | 3 616.5 | 3 393.7 | 3 060.3 | 2 822.4 | 2 534.0 | 2 393.1 | 2 220.2 | 2 162.7 | 1 641.9 | 1 685.6 | 1 555.9 | 1 528.5 | 1 436.1 | 1 223.9 | 1 196.7 | 1 093.6 | 913.0 | 856.8 | 799.4 | 727.4 | 706.5 | 698.0 | 584.7 | 560.9 |
| SHARES OUTSTANDING | |||||||||||||||||||||||||||||||||||||||
| Common Shares Outstanding | 546.4 | 544.9 | 541.1 | 538.0 | 534.6 | 530.7 | 528.4 | 529.3 | 528.1 | 527.6 | 528.6 | 526.9 | 532.8 | 533.5 | 536.9 | 541.4 | 548.9 | 551.4 | 552.2 | 554.4 | 553.8 | 554.8 | 552.9 | 562.7 | 583.6 | 599.1 | 608.3 | 610.8 | 609.6 | 613.0 | 628.2 | 614.2 | 606.3 | 604.7 | 609.6 | 602.0 | 612.0 | 601.5 | 593.8 |