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Hormel Foods HRL Accounts Payable

Accounts Payable at other companies

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$1.18B-8.8%
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$1.39B+19.8%
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$6.39B+3.3%

Other financials

Income statement

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Revenue$3.0B+2.5%
Gross profit$518.5M+7.0%
Operating income$217.1M-12.6%
Net income$157.5M-12.5%
EPS (diluted)$0.29-12.1%

Balance sheet

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Cash & equivalents$826.8M+23.5%
Total debt$2.9B-0.2%
Total equity$7.9B-1.0%
Total assets$13.3B-0.6%

Cash flow

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Operating cash flow$178.9M+217%
CapEx$82.2M+9.4%
Free cash flow$96.8M

Valuation

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Market cap$13.3B
Enterprise value$15.35B
P/E18.9×
P/S1.1×

Profitability

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Gross margin15.7%-0.8pp
Operating margin5.8%-2.7pp
Net margin6.3%-0.3pp
FCF margin5.7%-0.3pp

Returns & leverage

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Return on equity9.5%-0.6pp
Debt / equity0.4×0.0×
Current ratio1.9×-0.5×

Where this comes from

Reported directly by Hormel Foods in its filing.

Tagged under the XBRL concept us-gaap:AccountsPayableCurrent.

The official record: Hormel Foods’s 10-Q, filed May 28, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Hormel Foods's accounts payable?
Hormel Foods (HRL) reported accounts payable of $669.38M in Q1 2026.
How has Hormel Foods's accounts payable changed year-over-year?
Hormel Foods's accounts payable decreased by 6.6% year-over-year, from $716.89M to $669.38M.
What is the long-term trend for Hormel Foods's accounts payable?
Over 5 years (2020 to 2025), Hormel Foods's accounts payable has grown at a 2.6% compound annual growth rate (CAGR), from $644.61M to $731.58M.
What does accounts payable mean?
Money the company owes to its suppliers for items purchased on credit.
How do you interpret accounts payable?
An increase can signal improved cash flow management or extended payment terms, while a decrease may indicate faster payments to suppliers or reduced purchasing activity.
How does accounts payable compare across companies?
Common across all industries; analyzed alongside days payable outstanding to gauge supplier relationship strength.