← HORMEL FOODS CORP /DE/
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | $890.1m |
$846.7m
-4.87%
|
$1.0b
+19.53%
|
$978.8m
-3.29%
|
$908.1m
-7.23%
|
$908.8m
+0.08%
|
$1,000.0m
+10.03%
|
$793.6m
-20.64%
|
$805.0m
+1.44%
|
$478.2m
-40.60%
|
— | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $890.5m | $847.1m | $1.0b | $979.1m | $908.4m | $909.1m | $1.0b | $792.9m | $804.6m | $477.8m | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $465k | $368k | $442k | $342k | $272k | $301k | $239k | ($653k) | ($407k) | ($433k) | — | |
| Depreciation, Depletion and Amortization | $132.0m | $131.0m | $161.9m | $165.2m | $205.8m | $228.4m | $262.8m | $253.3m | $257.8m | $263.9m | $270.0m | |
| Amortization | — | $8.4m | $12.7m | $12.0m | $40.1m | $44.6m | $49.7m | $26.0m | $23.9m | $22.7m | $22.7m | |
| Amortization of Intangible Assets | $8.4m | $8.4m | $12.7m | $11.6m | $14.3m | $17.5m | $19.3m | $18.4m | $16.4m | $14.9m | — | |
| Depreciation | $123.6m | $122.6m | $149.2m | $153.2m | $165.7m | $183.8m | $213.0m | $227.3m | $233.8m | $241.2m | $241.2m | |
| Deferred Income Tax Expense (Benefit) | $44.3m | $62.2m | ($7.4m) | $28.6m | $32.0m | $28.7m | $177.0m | $31.8m | $87.7m | $52.9m | $45.5m | |
| Share-based Payment Arrangement, Noncash Expense | $17.8m | $15.6m | $20.6m | $19.7m | $22.5m | $24.7m | $24.9m | $24.1m | $23.2m | $25.6m | $25.5m | |
| Share-based Payment Arrangement, Expense | $17.8m | $15.6m | $20.6m | $19.7m | $22.5m | $24.7m | $24.9m | $24.1m | $23.2m | $25.6m | $25.5m | |
| Equity Method Investment, Other than Temporary Impairment | — | — | — | — | — | $0 | $0 | — | $0 | — | — | |
| Goodwill and Intangible Asset Impairment | $991k | $180k | $17.3m | $0 | $0 | $0 | $0 | $28.4m | $0 | $70.8m | — | |
| Goodwill, Impairment Loss | $991k | $0 | — | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Impairment of Intangible Assets, Finite-lived | — | — | — | $0 | $0 | $0 | $0 | $0 | $0 | — | — | |
| Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) | $0 | $180k | $17.3m | $0 | $0 | $0 | $0 | $28.4m | $0 | $70.8m | — | |
| Income (Loss) from Equity Method Investments | $38.7m | $39.6m | $59.0m | $39.2m | $35.6m | $47.8m | $27.2m | $42.8m | $51.1m | ($105.8m) | — | |
| Nonoperating Income (Expense) | $6.2m | $10.9m | $8.9m | $31.5m | $35.6m | $46.9m | ($99.3m) | ($214.5m) | ($215.3m) | $235.5m | — | |
| Income (Loss) from Equity Method Investments, Net of Dividends or Distributions | ($7.5m) | $12.1m | $59.0m | $39.2m | $37.5m | $45.0m | $43.0m | $38.2m | $46.1m | $50.1m | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts Receivable | ($21.4m) | $28.1m | ($36.1m) | $11.1m | $119.5m | $191.6m | ($28.4m) | ($49.0m) | ($1.9m) | ($32.7m) | $26.2m | |
| Increase (Decrease) in Inventories | $12.3m | ($41.3m) | $8.3m | $123.8m | $1.8m | $145.2m | $351.7m | ($35.7m) | ($95.3m) | $172.3m | ($39.5m) | |
| Other Operating Income (Expense), Net | — | — | — | — | — | — | — | — | — | ($1.3m) | — | |
| Net Cash Provided by (Used in) Operating Activities | $992.8m |
$1.0b
+1.75%
|
$1.2b
+22.92%
|
$923.0m
-25.67%
|
$1.1b
+22.21%
|
$1.0b
-11.18%
|
$1.1b
+13.28%
|
$1.0b
-7.68%
|
$1.3b
+20.89%
|
$845.3m
-33.27%
|
$1.0b
+19.23%
|
|
| Cash flows from investing activities: | ||||||||||||
| Gain (Loss) on Disposition of Property Plant Equipment | ($80k) | ($322k) | $2.9m | $811k | ($1.8m) | ($3.7m) | ($6.7m) | ($270.2m) | ($256.4m) | ($310.9m) | $120.4m | |
| Payments to Acquire Property, Plant, and Equipment | $255.5m | $221.3m | $389.6m | $293.8m | $367.5m | $232.4m | $278.9m | $270.2m | $256.4m | $310.9m | ($314.8m) | |
| Unrealized Gain (Loss) on Investments | — | — | — | — | — | — | — | $2.4m | $23.6m | $14.0m | — | |
| Net Cash Provided by (Used in) Investing Activities | ($409.0m) | ($593.0m) | ($1.2b) | $220.2m | ($656.3m) | ($3.6b) | ($258.0m) | ($689.5m) | ($236.9m) | ($298.6m) | ($210.7m) | |
| Cash flows from financing activities: | ||||||||||||
| Repayments of Long-term Debt | — | — | $160k | $374.8m | $8.4m | $258.6m | $8.7m | $8.8m | $959.0m | $7.8m | ($7.2m) | |
| Proceeds from Issuance of Long-term Debt | $0 | $0 | $375.0m | $0 | $992.4m | $2.3b | $0 | $2.0m | $497.8m | $0 | $992.4m | |
| Payments for Repurchase of Common Stock | $87.9m | $94.5m | $46.9m | $174.2m | $12.4m | $20.0m | $0 | $12.3m | $0 | $0 | — | |
| Payments of Ordinary Dividends, Common Stock | $296.5m | $346.0m | $388.1m | $437.1m | $487.4m | $523.1m | $557.8m | $592.9m | $615.0m | $633.2m | ($639.4m) | |
| Payments of Dividends | $296.5m | $346.0m | $388.1m | $437.1m | $487.4m | $523.1m | $557.8m | $592.9m | $615.0m | $633.2m | ($639.4m) | |
| Net Cash Provided by (Used in) Financing Activities | ($509.6m) |
($389.3m)
+23.62%
|
$11.6m
+102.99%
|
($926.2m)
-8058.79%
|
$566.2m
+161.13%
|
$1.5b
+168.56%
|
($486.7m)
-132.01%
|
($600.1m)
-23.30%
|
($1.0b)
-71.66%
|
($614.0m)
+40.39%
|
($646.8m)
-5.34%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | ($6.3m) | $1.0m | ($3.0m) | $213.8m | $1.0b | ($1.1b) | $368.6m | ($245.6m) | $5.3m | ($71.2m) | $820.0m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | $672.9m | $1.7b | $613.5m | $982.1m | $736.5m | $741.9m | $670.7m | $820.0m | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | ($6.3m) | $1.0m | ($3.0m) | ($3.1m) | $3.5m | $2.6m | ($21.7m) | ($3.8m) | $5.6m | ($3.9m) | $6.8m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Proceeds from Stock Options Exercised | $12.1m | $21.7m | $71.8m | $59.9m | $81.8m | $45.9m | $79.8m | $12.0m | $40.7m | $22.1m | — | |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | — | $25.6m | $19.0m | $14.5m | $25.1m | $57.0m | $57.1m | $70.3m | $74.6m | — | |
| Additional Financial Items | ||||||||||||
| Gain (Loss) on Disposition of Business | — | $0 | $0 | $16.5m | $0 | $0 | — | $0 | ($4.4m) | ($10.8m) | — | |
| Goodwill | $1.8b | $2.1b | $2.7b | $2.5b | $2.6b | $4.9b | $4.9b | $4.9b | $4.9b | $4.9b | $0 | |
| Income Tax Expense (Benefit) | $426.7m | $431.5m | $168.7m | $230.6m | $206.4m | $217.0m | $277.9m | $220.6m | $230.8m | $185.7m | — | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $80.9m | $78.0m | — | |
| Proceeds from Noncontrolling Interests | — | — | — | — | $77k | $0 | $0 | — | $6.5m | $5.0m | — | |
| Revenue from Contract with Customer, Including Assessed Tax | — | — | $9.5b | $9.5b | $9.6b | $11.4b | $12.5b | $12.1b | $11.9b | $12.1b | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.