HORMEL FOODS CORPHRL

Market cap

$12.5B

P/E ratio

	Oct 31, 2010	Oct 30, 2011	Oct 28, 2012	Oct 27, 2013	Oct 26, 2014	Oct 25, 2015	Oct 30, 2016	Oct 29, 2017	Oct 28, 2018	Oct 27, 2019	Oct 25, 2020	Oct 31, 2021	Oct 30, 2022	Oct 29, 2023	Oct 27, 2024
Cash and Cash Equivalents	468	463	682	434	334	347	415	444	459	673	1,714	614	982	737	742
Marketable Securities, Current	51	76	77	-	-	-	-	-	-	15	17	21	16	17	25
Accounts Receivable, after Allowance for Credit Loss, Current	431	461	507	552	610	606	591	618	600	574	702	896	868	817	818
Inventories	794	886	951	968	1,055	993	986	921	964	1,042	1,073	1,369	1,716	1,680	1,576
Taxes Receivable	9	24	16	-	26	6	18	22	4	20	41	8	7	7	50
Prepaid Expenses and Other Current Assets	-	-	-	-	-	-	-	-	-	-	-	-	48	39	35
Total Current Assets	1,858	1,998	2,321	2,047	2,133	2,063	2,030	2,027	2,050	2,361	3,579	2,948	3,637	3,297	3,246
Goodwill	629	631	631	934	1,226	1,699	1,834	2,120	2,714	2,482	2,613	4,929	4,926	4,928	4,923
Other Intangibles	142	132	123	378	555	827	903	1,027	1,207	1,034	1,076	1,822	1,803	1,757	1,733
Pension Assets	61	80	0	163	130	133	69	172	195	136	183	289	246	205	206
Investments in Affiliates	214	296	287	271	264	259	240	242	273	289	308	299	271	725	719
Other Assets	155	140	134	142	145	146	182	185	190	178	250	300	283	370	412
Land	54	56	56	59	62	71	68	51	50	50	63	72	74	75	75
Buildings	-	-	-	-	-	-	-	-	-	-	1,251	1,333	1,398	1,458	1,504
Equipment	-	-	-	-	-	-	-	-	-	-	2,085	2,415	2,637	2,782	2,905
Construction in Progress	45	50	82	86	120	80	218	148	332	256	369	316	216	196	229
Less: Allowance for Depreciation	-	-	-	-	-	-	-	-	-	-	1,869	2,027	2,184	2,345	2,518
Net Property, Plant, and Equipment	-	-	-	-	-	-	-	-	-	-	1,898	2,109	2,141	2,166	2,195
Total Assets	4,054	4,244	4,564	4,916	5,456	6,140	6,370	6,976	8,142	8,109	9,908	12,696	13,307	13,449	13,435
Accounts Payable	361	390	386	387	484	495	482	553	619	590	645	793	817	771	736
Accrued Expenses	46	41	50	21	77	72	82	77	48	62	59	51	59	52	66
Accrued Marketing Expenses	-	-	79	91	90	119	120	102	119	96	109	115	113	87	108
Employee-related Expenses	-	-	-	-	-	-	-	-	-	-	253	242	279	263	283
Interest and Dividends Payable	37	35	40	46	53	67	77	90	101	113	133	155	164	172	176
Taxes Payable	9	8	5	9	6	7	4	1	2	6	22	24	33	15	22
Long-Term Debt, Current Maturities	350	-	-	-	-	-	-	-	-	-	259	9	9	951	8
Total Current Liabilities	1,101	778	786	784	955	1,214	1,053	1,058	1,139	1,105	1,504	1,416	1,473	2,312	1,399
Long-term Debt Less Current Maturities	-	250	250	250	250	250	250	250	625	250	1,045	3,315	3,291	2,359	2,851
Pension and Post-retirement Benefits	455	474	615	481	503	509	522	530	478	536	553	546	386	349	380
Deferred Income Taxes	-	-	-	-	-	-	-	-	197	177	219	278	475	498	589
Other Long-term Liabilities	91	83	87	84	112	101	93	99	99	115	157	163	142	192	211
Common Stock, Nonvoting	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common Stock	-	8	8	8	8	8	8	8	8	-	-	-	8	8	8
Common Stock	-	-	-	-	-	-	-	-	-	8	8	8	-	-	-
Additional Paid-in Capital	-	-	-	-	-	-	-	14	107	185	290	360	469	506	571
Accumulated Other Comprehensive Loss	-176	-175	-324	-149	-208	-226	-296	-248	-243	-399	-395	-277	-256	-272	-263
Retained Earnings	2,569	2,824	3,135	3,453	3,806	4,216	4,737	5,163	5,730	6,128	6,523	6,882	7,313	7,493	7,678
Hormel Foods Corporation Shareholders’ Investment	2,407	2,660	2,825	3,317	3,612	4,001	4,451	4,940	5,605	5,926	6,430	6,978	7,540	7,739	8,004
Noncontrolling Interest	6	3	5	6	6	3	3	4	4	4	5	5	5	4	11
Total Shareholders’ Investment	2,407	2,660	2,825	3,317	3,612	4,001	4,451	4,940	5,605	5,926	6,430	6,978	7,540	7,739	8,004
Total Liabilities and Shareholders’ Investment	4,054	4,244	4,564	4,916	5,456	6,140	6,370	6,976	8,142	8,109	9,908	12,696	13,307	13,449	13,435