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Hormel Foods HRL Other operating expenses

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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:OtherOperatingIncomeExpenseNet.

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 per share amountsQuarter Ended / April 26, 2026Quarter Ended / April 27, 2025Six Months Ended / April 26, 2026Six Months Ended / April 27, 2025
Operating Income217,112248,352460,809476,682
Interest Income6,4796,17613,00713,719
Interest Expense19,82219,51639,55038,977
Other Income (Expense), Net2,294(4,523)6,109(2,862)
Earnings Before Income Taxes206,063230,489440,375448,561
Provision for Income Taxes48,68550,747101,22798,289
Net Earnings157,378179,742339,147350,272
Less: Net Earnings (Loss) Attributable to Noncontrolling Interest(96)(275)(127)(320)

Item 1. FINANCIAL STATEMENTS

FAQ

What is Hormel Foods's other operating expenses?
Hormel Foods (HRL) reported other operating expenses of $2.29M in Q1 2026.
How has Hormel Foods's other operating expenses changed year-over-year?
Hormel Foods's other operating expenses increased by 150.7% year-over-year, from -$4.52M to $2.29M.
What does other operating expenses mean?
Residual operating expenses not classified into specific categories, serving as a catch-all for miscellaneous operating costs.

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