Hormel Foods Corporation (HRL) - Net Assets
Based on the latest financial reports, Hormel Foods Corporation (HRL) has net assets worth $7.92 Billion USD as of October 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($13.39 Billion) and total liabilities ($5.48 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. Check Hormel Foods Corporation (HRL) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $7.92 Billion |
| % of Total Assets | 59.1% |
| Annual Growth Rate | 8.42% |
| 5-Year Change | 13.43% |
| 10-Year Change | 77.83% |
| Growth Volatility | 5.28 |
Hormel Foods Corporation - Net Assets Trend (1985–2025)
This chart illustrates how Hormel Foods Corporation's net assets have evolved over time, based on quarterly financial data. Also explore Hormel Foods Corporation balance sheet assets for the complete picture of this company's asset base.
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 valuation and market cap data, see market cap of Hormel Foods Corporation.
| 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.
Current Equity Component Breakdown (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 |
|---|---|
|
Grupo Aeroportuario del Pacifico SAB De CV ADR
NYSE:PAC
|
$11.25 Billion |
|
Barito Pacific Tbk
JK:BRPT
|
$11.26 Billion |
|
ACM Research Shanghai Inc
SHG:688082
|
$11.26 Billion |
|
China Southern Airlines Co Ltd Class A
SHG:600029
|
$11.26 Billion |
|
Chongqing Changan Automobile Co Ltd
SHE:000625
|
$11.24 Billion |
|
DIETEREN GR. UNSP.ADR 1/2
F:DJD
|
$11.24 Billion |
|
Industrivarden AB ser. C
ST:INDU-C
|
$11.23 Billion |
|
BUDWEISER BREW.UNSP.ADR/4
F:4BB1
|
$11.20 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: 1.42x
- 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 38.95x to 1.42x 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 | $20.44 | x |
| 1986-10-31 | $0.57 | $20.44 | x |
| 1987-10-31 | $0.61 | $20.44 | x |
| 1988-10-31 | $0.70 | $20.44 | x |
| 1989-10-31 | $0.77 | $20.44 | x |
| 1990-10-31 | $0.83 | $20.44 | x |
| 1991-10-31 | $0.95 | $20.44 | x |
| 1992-10-31 | $1.05 | $20.44 | x |
| 1993-10-31 | $0.91 | $20.44 | x |
| 1994-10-31 | $1.08 | $20.44 | x |
| 1995-10-31 | $1.20 | $20.44 | x |
| 1996-10-31 | $1.29 | $20.44 | x |
| 1997-10-31 | $1.32 | $20.44 | x |
| 1998-10-31 | $1.35 | $20.44 | x |
| 1999-10-31 | $1.43 | $20.44 | x |
| 2000-10-31 | $1.54 | $20.44 | x |
| 2001-10-31 | $1.77 | $20.44 | x |
| 2002-10-31 | $1.99 | $20.44 | x |
| 2003-10-31 | $2.24 | $20.44 | x |
| 2004-10-31 | $2.50 | $20.44 | x |
| 2005-10-31 | $2.86 | $20.44 | x |
| 2006-10-31 | $3.23 | $20.44 | x |
| 2007-10-31 | $3.39 | $20.44 | x |
| 2008-10-31 | $3.66 | $20.44 | x |
| 2009-10-31 | $3.92 | $20.44 | x |
| 2010-10-31 | $4.43 | $20.44 | x |
| 2011-10-31 | $4.88 | $20.44 | x |
| 2012-10-31 | $5.24 | $20.44 | x |
| 2013-10-31 | $6.13 | $20.44 | x |
| 2014-10-31 | $6.68 | $20.44 | x |
| 2015-10-31 | $7.39 | $20.44 | x |
| 2016-10-31 | $8.21 | $20.44 | x |
| 2017-10-31 | $9.16 | $20.44 | x |
| 2018-10-31 | $10.30 | $20.44 | x |
| 2019-10-31 | $10.86 | $20.44 | x |
| 2020-10-31 | $11.76 | $20.44 | x |
| 2021-10-31 | $12.73 | $20.44 | x |
| 2022-10-31 | $13.71 | $20.44 | x |
| 2023-10-31 | $14.09 | $20.44 | x |
| 2024-10-31 | $14.56 | $20.44 | x |
| 2025-10-31 | $14.35 | $20.44 | 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: $1,728,413,106
- Average return on equity (ROE) among peers: -50.07%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hormel Foods Corporation (HRL) | $7.92 Billion | 12.39% | 0.69x | $11.24 Billion |
| Above Food Ingredients Inc. Common Stock (ABVE) | $199.86 Million | -2.89% | 0.00x | $32.25 Million |
| Agape ATP Corporation Common Stock (ATPC) | $-24.99K | 0.00% | 0.00x | $2.37 Million |
| B&G Foods Inc (BGS) | $58.07 Million | 3.88% | 7.21x | $430.20 Million |
| BranchOut Food Inc. Common Stock (BOF) | $-1.62 Million | 0.00% | 0.00x | $49.58 Million |
| Bellring Brands LLC (BRBR) | $486.40 Million | 25.31% | 0.22x | $1.21 Billion |
| BRC Inc. (BRCC) | $-1.25 Million | 0.00% | 0.00x | $145.60 Million |
| BRF SA ADR (BRFS) | $16.50 Billion | 19.48% | 2.80x | $5.38 Billion |
| Bridgford Foods Corporation (BRID) | $38.91 Million | 19.97% | 1.24x | $68.08 Million |
| Borealis Foods Inc. (BRLS) | $4.64 Million | -566.46% | 12.96x | $31.34 Million |
| Better Choice Company Inc (BTTR) | $-57.67K | 0.00% | 0.00x | $5.13 Million |
About Hormel Foods Corporation
Hormel Foods Corporation develops, processes, and distributes various meat, nuts, and other food products to foodservice, convenience store, and commercial customers in the United States and internationally. It operates through three segments: Retail, Foodservice, and International segments. The company provides various perishable products, including resh meats, frozen items, refrigerated meal so… Read more