Skip to content

Hormel Foods HRL Specialty Foods — Goodwill

Discontinued — last reported Q4 '17

Similar metrics at other companies

PFG
PFGCSpecialty — Goodwill
$133.4M0.0%
Tyson Foods logo
TSNPrepared Foods — Goodwill
$5.78B-5.7%
Tyson Foods logo
TSNPrepared Foods — Goodwill, net
$5.89B0.0%
CSL
CSLFood Service Products — Goodwill
$149.7M+148%
Tyson Foods logo
TSNPrepared Foods — Goodwill, Acquired During Period
$29.5M
General Mills logo
GISConvenience Stores And Foodservice — Goodwill
$803.1M+23.8%

Other financials

Income statement

See full
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

See full
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

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

Valuation

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

Profitability

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

Returns & leverage

See full
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:Goodwill.

The official record: Hormel Foods’s 10-K, filed December 20, 2017, on SEC EDGAR. View the filing →

Questions, answered.

What does specialty foods — goodwill mean?
The value of intangible assets like brand reputation acquired through past purchases within the Specialty Foods segment.
How do you interpret specialty foods — goodwill?
A high balance indicates significant historical M&A activity; a sudden decrease suggests impairment testing has identified a loss in value.
How does specialty foods — goodwill compare across companies?
Common in companies that grow through acquisition; comparable to goodwill balances in other consumer packaged goods segments.