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HRL (Hormel Foods) Scaled Net Operating Assets : 0.76 (As of Apr. 2025)


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What is Hormel Foods Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Hormel Foods's operating assets for the quarter that ended in Apr. 2025 was $12,723 Mil. Hormel Foods's operating liabilities for the quarter that ended in Apr. 2025 was $2,522 Mil. Hormel Foods's Total Assets for the quarter that ended in Jan. 2025 was $13,403 Mil. Therefore, Hormel Foods's scaled net operating assets (SNOA) for the quarter that ended in Apr. 2025 was 0.76.


Hormel Foods Scaled Net Operating Assets Historical Data

The historical data trend for Hormel Foods's Scaled Net Operating Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Hormel Foods Scaled Net Operating Assets Chart

Hormel Foods Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.74 0.98 0.78 0.77 0.75

Hormel Foods Quarterly Data
Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.76 0.72 0.77 0.75 0.76

Competitive Comparison of Hormel Foods's Scaled Net Operating Assets

For the Packaged Foods subindustry, Hormel Foods's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Hormel Foods's Scaled Net Operating Assets Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Hormel Foods's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Hormel Foods's Scaled Net Operating Assets falls into.


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Hormel Foods Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Hormel Foods's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Oct. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(A: Oct. 2024 )
=(Operating Assets (A: Oct. 2024 )-Operating Liabilities (A: Oct. 2024 ))/Total Assets (A: Oct. 2023 )
=(12668.106-2571.962)/13448.772
=0.75

where

Operating Assets(A: Oct. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=13434.729 - 766.623
=12668.106

Operating Liabilities(A: Oct. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=5430.719 - 2850.944 - 7.813
=2571.962

Hormel Foods's Scaled Net Operating Assets (SNOA) for the quarter that ended in Apr. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Apr. 2025 )
=(Operating Assets (Q: Apr. 2025 )-Operating Liabilities (Q: Apr. 2025 ))/Total Assets (Q: Jan. 2025 )
=(12722.827-2521.921)/13403.483
=0.76

where

Operating Assets(Q: Apr. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=13421.808 - 698.981
=12722.827

Operating Liabilities(Q: Apr. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=5379.867 - 2850.697 - 7.249
=2521.921

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Hormel Foods Scaled Net Operating Assets Related Terms

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Hormel Foods Business Description

Address
1 Hormel Place, Austin, MN, USA, 55912-3680
Historically meat-focused, Hormel Foods broadened its lineup to include other protein offerings and become a branded food company. The firm sells its wares through multiple channels, including US retail (62% of fiscal 2024 sales), US food service (32%), and international (6%). By product, 72% of fiscal 2024 sales were from perishable food and 28% from shelf-stable. Major brands include Hormel, Spam, Jennie-O, Columbus, Applegate, Planters, and Skippy. Many of these hold the number one or two market share in their respective categories.
Executives
Elsa A Murano director 1 HORMEL PLACE, AUSTIN MN 55912-3680
Steven J Lykken officer: Senior Vice President 1 HORMEL PLACE, AUSTIN MN 55912
Kevin L Myers officer: Vice President 1 HORMEL PLACE, AUSTIN MN 55912
Deanna T Brady officer: Vice President 1 HORMEL STREET, AUSTIN MN 55912
Katherine M Losness-larson officer: Senior Vice President 1 HORMEL PLACE, AUSTIN MN 55912
Mark J Ourada officer: Group Vice President 1 HORMEL PLACE, AUSTIN MN 55912
Mark A Coffey officer: Vice President 1 HORMEL PLACE, AUSTIN MN 55912
Susan K Nestegard director AMERICAN CAPITAL, LTD., 2 BETHESDA METRO, 14TH FLOOR, BETHESDA MD 20814
Pierre M Lilly officer: SVP & Chief Compliance Officer 1 HORMEL PLACE, AUSTIN MN 55912
Paul R Kuehneman officer: Vice President and Controller 1 HORMEL PLACE, AUSTIN MN 55912
Prado Becerra Jose Luis director 50 S. LASALLE STREET, CHICAGO IL 60603
Michael Paul Zechmeister director C/O UNITED NATURAL FOODS, INC., 313 IRON HORSE WAY, PROVIDENCE RI 02908
Ray G Young director 77 WEST WACKER DR., SUITE 4600, CHICAGO IL 60601
Patrick J Connor officer: Vice President 1 HORMEL PLACE, AUSTIN MN 55912
James P Snee officer: Vice President 1 HORMEL PLACE, AUSTIN MN 55912