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Hormel Foods HRL Goodwill And Intangible Asset Impairment

Goodwill And Intangible Asset Impairment at other companies

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Flowers FoodsFLO
$34M
US Foods logo
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$0

Segments

By segment

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Retail$70.75M
Foodservice$0
International$0

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:GoodwillAndIntangibleAssetImpairment.

The source filing: Hormel Foods’s 10-K, filed December 5, 2025.

Filed
Dec 5, 2025
Fiscal year
FY2025
Accession
0000048465-25-000059
In thousands, except per share amountsFiscal Year Ended / October 26, 2025Fiscal Year Ended / October 27, 2024Fiscal Year Ended / October 29, 2023
Gross Profit1,891,8162,022,1381,999,841
Selling, General, and Administrative996,6241,005,294942,167
Equity in Earnings of Affiliates(105,839)51,08842,754
Goodwill and Intangible Impairment70,75128,383
Operating Income718,6031,067,9321,072,046
Interest Income24,22740,17223,501
Interest Expense78,03880,89473,402
Other Income (Expense), Net(1,344)8,224(8,673)

Item 8. Financial Statements and Supplemental Data

FAQ

What is Hormel Foods's goodwill and intangible asset impairment?
Hormel Foods (HRL) reported goodwill and intangible asset impairment of $17.69M in Q3 2025.
What does goodwill and intangible asset impairment mean?
This represents a non-cash charge taken when the carrying value of goodwill or intangible assets exceeds their fair market value. It typically signals that previous acquisitions have not met expected performance targets.

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