Hormel Foods Corporation Net Assets
Hormel Foods Corporation net assets. Based on the latest financial reports, Hormel Foods Corporation (HRL) has net assets worth $7.96 Billion USD as of April 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($13.34 Billion) and total liabilities ($5.38 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore HRL shareholders equity momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $7.96 Billion |
| % of Total Assets | 59.68% |
| Annual Growth Rate | 8.42% |
| 5-Year Change | 13.43% |
| 10-Year Change | 77.83% |
| Growth Volatility | 5.28 |
Net Assets of Hormel Foods Corporation (1985–2025)
Net assets of Hormel Foods Corporation from 1985 to 2025. This chart illustrates how Hormel Foods Corporation's net assets have evolved over time, based on quarterly financial data. See debt-free asset ratio of Hormel Foods Corporation to measure how much of total assets are equity-financed.
Annual Net Assets for Hormel Foods Corporation (1985–2025)
The table below shows the annual net assets of Hormel Foods Corporation from 1985 to 2025. For live market cap and overall valuation, see Hormel Foods Corporation market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-10-31 | $7.92 Billion | -1.10% |
| 2024-10-31 | $8.00 Billion | +3.42% |
| 2023-10-31 | $7.74 Billion | +2.64% |
| 2022-10-31 | $7.54 Billion | +8.05% |
| 2021-10-31 | $6.98 Billion | +8.52% |
| 2020-10-31 | $6.43 Billion | +8.52% |
| 2019-10-31 | $5.93 Billion | +5.72% |
| 2018-10-31 | $5.60 Billion | +13.46% |
| 2017-10-31 | $4.94 Billion | +10.97% |
| 2016-10-31 | $4.45 Billion | +11.25% |
| 2015-10-31 | $4.00 Billion | +10.78% |
| 2014-10-31 | $3.61 Billion | +8.91% |
| 2013-10-31 | $3.32 Billion | +17.40% |
| 2012-10-31 | $2.82 Billion | +6.21% |
| 2011-10-31 | $2.66 Billion | +10.52% |
| 2010-10-31 | $2.41 Billion | +13.29% |
| 2009-10-31 | $2.12 Billion | +5.82% |
| 2008-10-31 | $2.01 Billion | +6.51% |
| 2007-10-31 | $1.88 Billion | +4.54% |
| 2006-10-31 | $1.80 Billion | +12.77% |
| 2005-10-31 | $1.60 Billion | +14.26% |
| 2004-10-31 | $1.40 Billion | +11.70% |
| 2003-10-31 | $1.25 Billion | +12.33% |
| 2002-10-31 | $1.12 Billion | +11.99% |
| 2001-10-31 | $995.88 Million | +13.96% |
| 2000-10-31 | $873.88 Million | +3.90% |
| 1999-10-31 | $841.10 Million | +3.42% |
| 1998-10-31 | $813.30 Million | +1.38% |
| 1997-10-31 | $802.20 Million | +2.11% |
| 1996-10-31 | $785.60 Million | +7.32% |
| 1995-10-31 | $732.00 Million | +10.72% |
| 1994-10-31 | $661.10 Million | +15.80% |
| 1993-10-31 | $570.90 Million | -11.39% |
| 1992-10-31 | $644.30 Million | +10.44% |
| 1991-10-31 | $583.40 Million | +13.55% |
| 1990-10-31 | $513.80 Million | +9.11% |
| 1989-10-31 | $470.90 Million | +12.47% |
| 1988-10-31 | $418.70 Million | +12.22% |
| 1987-10-31 | $373.10 Million | +9.77% |
| 1986-10-31 | $339.90 Million | +9.08% |
| 1985-10-31 | $311.60 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hormel Foods Corporation's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 2407.2% over the analyzed period, indicating profitable operations and earnings retention.
Hormel Foods Corporation Net Assets Breakdown (October 2025)
Hormel Foods Corporation net assets breakdown by equity component as of October 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $7.52 Billion | 95.13% |
| Common Stock | $8.06 Million | 0.10% |
| Other Comprehensive Income | $-243.65 Million | -3.08% |
| Other Components | $620.07 Million | 7.85% |
| Total Equity | $7.90 Billion | 100.00% |
Hormel Foods Corporation Competitors by Market Cap
The table below lists competitors of Hormel Foods Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Demant A/S
CO:DEMANT
|
$12.44 Billion |
|
Bankinter
MC:BKT
|
$12.50 Billion |
|
XCMG Construction Machinery Co Ltd
SHE:000425
|
$12.50 Billion |
|
Trimble Inc
NASDAQ:TRMB
|
$12.51 Billion |
|
ZTO Express (Cayman) Inc
F:ZTOA
|
$12.43 Billion |
|
United States Steel Corporation
NYSE:X
|
$12.42 Billion |
|
WILMAR INTL ADR/10 SD-50
F:RTH
|
$12.42 Billion |
|
Bureau Veritas SA
PA:BVI
|
$12.38 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hormel Foods Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 7,993,420,000 to 7,901,171,000, a change of -92,249,000 (-1.2%).
- Net income of 478,197,000 contributed positively to equity growth.
- Dividend payments of 633,192,000 reduced retained earnings.
- Share repurchases of 27,025,000 reduced equity.
- Other comprehensive income increased equity by 19,685,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $478.20 Million | +6.05% |
| Dividends Paid | $633.19 Million | -8.01% |
| Share Repurchases | $27.02 Million | -0.34% |
| Other Comprehensive Income | $19.68 Million | +0.25% |
| Other Changes | $70.09 Million | +0.89% |
| Total Change | $- | -1.15% |
Book Value vs Market Value Analysis
This analysis compares Hormel Foods Corporation's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.57x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 43.07x to 1.57x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1985-10-31 | $0.52 | $22.60 | x |
| 1986-10-31 | $0.57 | $22.60 | x |
| 1987-10-31 | $0.61 | $22.60 | x |
| 1988-10-31 | $0.70 | $22.60 | x |
| 1989-10-31 | $0.77 | $22.60 | x |
| 1990-10-31 | $0.83 | $22.60 | x |
| 1991-10-31 | $0.95 | $22.60 | x |
| 1992-10-31 | $1.05 | $22.60 | x |
| 1993-10-31 | $0.91 | $22.60 | x |
| 1994-10-31 | $1.08 | $22.60 | x |
| 1995-10-31 | $1.20 | $22.60 | x |
| 1996-10-31 | $1.29 | $22.60 | x |
| 1997-10-31 | $1.32 | $22.60 | x |
| 1998-10-31 | $1.35 | $22.60 | x |
| 1999-10-31 | $1.43 | $22.60 | x |
| 2000-10-31 | $1.54 | $22.60 | x |
| 2001-10-31 | $1.77 | $22.60 | x |
| 2002-10-31 | $1.99 | $22.60 | x |
| 2003-10-31 | $2.24 | $22.60 | x |
| 2004-10-31 | $2.50 | $22.60 | x |
| 2005-10-31 | $2.86 | $22.60 | x |
| 2006-10-31 | $3.23 | $22.60 | x |
| 2007-10-31 | $3.39 | $22.60 | x |
| 2008-10-31 | $3.66 | $22.60 | x |
| 2009-10-31 | $3.92 | $22.60 | x |
| 2010-10-31 | $4.43 | $22.60 | x |
| 2011-10-31 | $4.88 | $22.60 | x |
| 2012-10-31 | $5.24 | $22.60 | x |
| 2013-10-31 | $6.13 | $22.60 | x |
| 2014-10-31 | $6.68 | $22.60 | x |
| 2015-10-31 | $7.39 | $22.60 | x |
| 2016-10-31 | $8.21 | $22.60 | x |
| 2017-10-31 | $9.16 | $22.60 | x |
| 2018-10-31 | $10.30 | $22.60 | x |
| 2019-10-31 | $10.86 | $22.60 | x |
| 2020-10-31 | $11.76 | $22.60 | x |
| 2021-10-31 | $12.73 | $22.60 | x |
| 2022-10-31 | $13.71 | $22.60 | x |
| 2023-10-31 | $14.09 | $22.60 | x |
| 2024-10-31 | $14.56 | $22.60 | x |
| 2025-10-31 | $14.35 | $22.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hormel Foods Corporation utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 6.05%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.95%
- • Asset Turnover: 0.90x
- • Equity Multiplier: 1.70x
- Recent ROE (6.05%) is below the historical average (14.75%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1985 | 12.39% | 2.57% | 2.68x | 1.80x | $7.44 Million |
| 1986 | 11.50% | 1.99% | 3.35x | 1.72x | $5.11 Million |
| 1987 | 12.30% | 1.98% | 3.32x | 1.87x | $8.59 Million |
| 1988 | 14.38% | 2.63% | 3.25x | 1.69x | $18.33 Million |
| 1989 | 14.89% | 3.00% | 3.22x | 1.54x | $23.01 Million |
| 1990 | 15.01% | 2.88% | 3.35x | 1.56x | $25.72 Million |
| 1991 | 14.81% | 3.05% | 3.31x | 1.47x | $28.06 Million |
| 1992 | 14.78% | 3.38% | 3.08x | 1.42x | $30.77 Million |
| 1993 | -4.68% | -0.94% | 2.61x | 1.92x | $-83.79 Million |
| 1994 | 17.85% | 3.85% | 2.56x | 1.81x | $51.89 Million |
| 1995 | 16.45% | 3.95% | 2.49x | 1.67x | $47.20 Million |
| 1996 | 10.11% | 2.56% | 2.16x | 1.83x | $840.00K |
| 1997 | 13.65% | 3.36% | 2.13x | 1.91x | $29.28 Million |
| 1998 | 17.13% | 4.27% | 2.10x | 1.91x | $57.97 Million |
| 1999 | 19.43% | 4.87% | 1.99x | 2.00x | $79.29 Million |
| 2000 | 19.48% | 4.90% | 2.12x | 1.88x | $82.83 Million |
| 2001 | 18.32% | 4.70% | 1.80x | 2.17x | $82.85 Million |
| 2002 | 16.98% | 4.84% | 1.76x | 1.99x | $77.80 Million |
| 2003 | 14.83% | 4.42% | 1.76x | 1.91x | $60.51 Million |
| 2004 | 16.69% | 4.89% | 1.89x | 1.81x | $93.63 Million |
| 2005 | 15.93% | 4.70% | 1.90x | 1.78x | $94.73 Million |
| 2006 | 15.87% | 4.98% | 1.88x | 1.70x | $105.85 Million |
| 2007 | 16.02% | 4.87% | 1.82x | 1.80x | $113.41 Million |
| 2008 | 14.22% | 4.23% | 1.87x | 1.80x | $84.74 Million |
| 2009 | 16.15% | 5.25% | 1.77x | 1.74x | $130.55 Million |
| 2010 | 16.48% | 5.48% | 1.78x | 1.69x | $155.52 Million |
| 2011 | 17.85% | 6.01% | 1.86x | 1.60x | $208.54 Million |
| 2012 | 17.74% | 6.08% | 1.80x | 1.62x | $218.10 Million |
| 2013 | 15.89% | 6.01% | 1.78x | 1.48x | $195.11 Million |
| 2014 | 16.69% | 6.47% | 1.71x | 1.51x | $241.47 Million |
| 2015 | 17.16% | 7.41% | 1.51x | 1.54x | $286.27 Million |
| 2016 | 19.99% | 9.35% | 1.49x | 1.43x | $444.91 Million |
| 2017 | 17.14% | 9.24% | 1.31x | 1.41x | $352.77 Million |
| 2018 | 18.07% | 10.60% | 1.17x | 1.45x | $452.06 Million |
| 2019 | 16.53% | 10.31% | 1.17x | 1.37x | $386.66 Million |
| 2020 | 14.13% | 9.45% | 0.97x | 1.54x | $265.53 Million |
| 2021 | 13.03% | 7.98% | 0.90x | 1.82x | $211.55 Million |
| 2022 | 13.27% | 8.03% | 0.94x | 1.77x | $246.46 Million |
| 2023 | 10.26% | 6.55% | 0.90x | 1.74x | $20.08 Million |
| 2024 | 10.07% | 6.75% | 0.89x | 1.68x | $5.70 Million |
| 2025 | 6.05% | 3.95% | 0.90x | 1.70x | $-311.92 Million |
Industry Comparison
This section compares Hormel Foods Corporation's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $314,781,939
- Average return on equity (ROE) among peers: -24.89%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hormel Foods Corporation (HRL) | $7.96 Billion | 12.39% | 0.68x | $12.44 Billion |
| Above Food Ingredients Inc. Common Stock (ABVE) | $29.11 Million | -156.27% | 0.05x | $4.86 Million |
| Agape ATP Corporation Common Stock (ATPC) | $4.38 Million | -47.98% | 0.31x | $1.29 Million |
| B&G Foods Inc (BGS) | $58.07 Million | 3.88% | 7.21x | $198.62 Million |
| BioHarvest Sciences Inc. Common Stock (BHST) | $45.63K | 0.00% | 0.17x | $33.78 Million |
| BranchOut Food Inc. Common Stock (BOF) | $-1.62 Million | 0.00% | 0.00x | $27.97 Million |
| Bellring Brands LLC (BRBR) | $-65.50 Million | 0.00% | 0.00x | $1.14 Billion |
| BRC Inc. (BRCC) | $-149.49 Million | 0.00% | 0.00x | $216.27 Million |
| BRF SA ADR (BRFS) | $3.23 Billion | 9.96% | 1.03x | $5.38 Billion |
| Bridgford Foods Corporation (BRID) | $32.53 Million | -38.26% | 0.60x | $47.83 Million |
| Borealis Foods Inc. (BRLS) | $14.56 Million | -20.21% | 0.51x | $24.04 Million |
About Hormel Foods Corporation
Hormel Foods Corporation develops, processes, and distributes various meat, nut, and other food products to foodservice, convenience stores, and commercial customers in the United States and internationally. It operates through three segments: Retail, Foodservice, and International. The company provides perishable products, including fresh meats, frozen items, refrigerated meal solutions, bacon, … Read more