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Hormel Foods HRL Prepaid & Other Current

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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$13.77B+10.3%
Enterprise value$15.82B
P/E19.6×
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:PrepaidExpenseAndOtherAssetsCurrent.

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
Accounts and Other Receivables, Net760,073813,989
Inventories1,750,9141,747,279
Taxes Receivable58,76096,791
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

Item 1. FINANCIAL STATEMENTS

FAQ

What is Hormel Foods's prepaid & other current?
Hormel Foods (HRL) reported prepaid & other current of $64.01M in Q1 2026.
How has Hormel Foods's prepaid & other current changed year-over-year?
Hormel Foods's prepaid & other current increased by 7.9% year-over-year, from $59.34M to $64.01M.
What is the long-term trend for Hormel Foods's prepaid & other current?
Over 5 years (2020 to 2025), Hormel Foods's prepaid & other current has grown at a 19.1% compound annual growth rate (CAGR), from $18.35M to $44.01M.
What does prepaid & other current mean?
Advance payments for expenses (rent, insurance, subscriptions) plus miscellaneous current assets not classified elsewhere.

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