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
Hormel Foods Corporation (HRL) - Total Assets
Latest total assets as of October 2025: $13.39 Billion USD
Based on the latest financial reports, Hormel Foods Corporation (HRL) holds total assets worth $13.39 Billion USD as of October 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Hormel Foods Corporation - Total Assets Trend (1985–2025)
This chart illustrates how Hormel Foods Corporation’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Hormel Foods Corporation - Asset Composition Analysis
Current Asset Composition (October 2025)
Hormel Foods Corporation's total assets of $13.39 Billion consist of 25.4% current assets and 74.6% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $670.68 Million | 5.0% |
| Accounts Receivable | $881.60 Million | 6.6% |
| Inventory | $1.75 Billion | 13.1% |
| Property, Plant & Equipment | $2.24 Billion | 16.7% |
| Intangible Assets | $1.65 Billion | 12.3% |
| Goodwill | $4.92 Billion | 36.8% |
Asset Composition Trend (1985–2025)
This chart illustrates how Hormel Foods Corporation's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Hormel Foods Corporation's current assets represent 25.4% of total assets in 2025, a decrease from 51.4% in 1985.
- Cash Position: Cash and equivalents constituted 5.0% of total assets in 2025, down from 12.3% in 1985.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 48.0% of total assets, an increase from 0.0% in 1985.
- Asset Diversification: The largest asset category is goodwill at 36.8% of total assets.
Hormel Foods Corporation Competitors by Total Assets
Key competitors of Hormel Foods Corporation based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
General Mills Inc
NYSE:GIS
|
USA | $32.55 Billion |
|
Maniker F & G Co. Ltd
KQ:195500
|
Korea | ₩123.42 Billion |
|
Xiwang Foodstuffs Co Ltd
SHE:000639
|
China | CN¥6.08 Billion |
|
Nanfang Black Sesame Group Co Ltd
SHE:000716
|
China | CN¥4.57 Billion |
|
CNFC Overseas Fishery Co Ltd
SHE:000798
|
China | CN¥5.88 Billion |
|
Henan Shuanghui Investment & Development Co Ltd
SHE:000895
|
China | CN¥40.64 Billion |
|
Xinjiang Chalkis Co Ltd
SHE:000972
|
China | CN¥1.25 Billion |
|
Daehan Flour Mills Co Ltd
KO:001130
|
Korea | ₩1.61 Trillion |
Hormel Foods Corporation - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - Hormel Foods Corporation generates 0.90x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Hormel Foods Corporation generates $ 3.57 in net profit.
Hormel Foods Corporation - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 2.47 | 2.32 | 2.54 |
| Quick Ratio | 1.20 | 1.19 | 1.77 |
| Cash Ratio | 0.49 | 0.53 | 0.00 |
| Working Capital | $2.02 Billion | $ 1.85 Billion | $ 2.18 Billion |
Hormel Foods Corporation - Advanced Valuation Insights
This section examines the relationship between Hormel Foods Corporation's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.63 |
| Latest Market Cap to Assets Ratio | 0.50 |
| Asset Growth Rate (YoY) | -0.3% |
| Total Assets | $13.39 Billion |
| Market Capitalization | $6.66 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Hormel Foods Corporation's assets below their book value (0.50 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Hormel Foods Corporation's assets decreased by 0.3% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Hormel Foods Corporation (1985–2025)
The table below shows the annual total assets of Hormel Foods Corporation from 1985 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-10-31 | $13.39 Billion | -0.31% |
| 2024-10-31 | $13.43 Billion | -0.10% |
| 2023-10-31 | $13.45 Billion | +1.07% |
| 2022-10-31 | $13.31 Billion | +4.81% |
| 2021-10-31 | $12.70 Billion | +28.14% |
| 2020-10-31 | $9.91 Billion | +22.19% |
| 2019-10-31 | $8.11 Billion | -0.41% |
| 2018-10-31 | $8.14 Billion | +16.72% |
| 2017-10-31 | $6.98 Billion | +9.51% |
| 2016-10-31 | $6.37 Billion | +3.75% |
| 2015-10-31 | $6.14 Billion | +12.54% |
| 2014-10-31 | $5.46 Billion | +10.98% |
| 2013-10-31 | $4.92 Billion | +7.71% |
| 2012-10-31 | $4.56 Billion | +7.53% |
| 2011-10-31 | $4.24 Billion | +4.70% |
| 2010-10-31 | $4.05 Billion | +9.80% |
| 2009-10-31 | $3.69 Billion | +2.09% |
| 2008-10-31 | $3.62 Billion | +6.57% |
| 2007-10-31 | $3.39 Billion | +10.89% |
| 2006-10-31 | $3.06 Billion | +7.51% |
| 2005-10-31 | $2.85 Billion | +12.34% |
| 2004-10-31 | $2.53 Billion | +5.89% |
| 2003-10-31 | $2.39 Billion | +7.79% |
| 2002-10-31 | $2.22 Billion | +2.66% |
| 2001-10-31 | $2.16 Billion | +31.72% |
| 2000-10-31 | $1.64 Billion | -2.59% |
| 1999-10-31 | $1.69 Billion | +8.34% |
| 1998-10-31 | $1.56 Billion | +1.79% |
| 1997-10-31 | $1.53 Billion | +6.43% |
| 1996-10-31 | $1.44 Billion | +17.34% |
| 1995-10-31 | $1.22 Billion | +2.27% |
| 1994-10-31 | $1.20 Billion | +9.43% |
| 1993-10-31 | $1.09 Billion | +19.78% |
| 1992-10-31 | $913.00 Million | +6.56% |
| 1991-10-31 | $856.80 Million | +7.18% |
| 1990-10-31 | $799.40 Million | +9.90% |
| 1989-10-31 | $727.40 Million | +2.96% |
| 1988-10-31 | $706.50 Million | +1.22% |
| 1987-10-31 | $698.00 Million | +19.38% |
| 1986-10-31 | $584.70 Million | +4.24% |
| 1985-10-31 | $560.90 Million | -- |