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Hormel Foods HRL Intangibles (Net)

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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$13.88B+11.2%
Enterprise value$15.93B
P/E19.8×
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:IntangibleAssetsNetExcludingGoodwill.

The source filing: Hormel Foods’s 10-Q, filed May 28, 2026.

Filed
May 28, 2026, 2:14 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000048465-26-000026
In thousands, except share and per share amountsApril 26, 2026October 26, 2025
Prepaid Expenses and Other Current Assets64,00644,010
Total Current Assets3,493,6103,405,656
Goodwill4,871,9354,924,087
Intangible Assets1,585,6311,647,297
Pension Assets206,699211,826
Investments in Affiliates568,549533,984
Other Assets451,769431,500
Property, Plant, and Equipment, Net2,166,0932,238,770

Item 1. FINANCIAL STATEMENTS

FAQ

What is Hormel Foods's intangibles (net)?
Hormel Foods (HRL) reported intangibles (net) of $1.59B in Q1 2026.
How has Hormel Foods's intangibles (net) changed year-over-year?
Hormel Foods's intangibles (net) decreased by 8.1% year-over-year, from $1.72B to $1.59B.
What is the long-term trend for Hormel Foods's intangibles (net)?
Over 5 years (2020 to 2025), Hormel Foods's intangibles (net) has grown at a 8.9% compound annual growth rate (CAGR), from $1.08B to $1.65B.
What does intangibles (net) mean?
Identifiable intangible assets (patents, trademarks, customer relationships, technology) net of accumulated amortization — excluding goodwill.

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