Hormel Foods (FRA:HO7) Accumulated Depreciation: €-2,365 Mil (As of Jul. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:HO7 Hormel Foods Corp FRA:HO7
74 GF Score
Price €18.63
GF Value €26.38
Valuation Significantly Undervalued
! 6 Warning Signs
View Full Analysis

What is Hormel Foods Accumulated Depreciation?

Hormel Foods FRA:HO7 -1.01% 74 Accumulated Depreciation is €-2,365 Mil as of Jul. 2026. GuruFocus rates FRA:HO7 with a GF Score™ of 74/100 and a GF Value™ of €26.38 (Significantly Undervalued). The stock has 6 warning signs investors should review.

Note: A negative number here means the assets are depreciated. When depricates more, the absolute value gets bigger.

Hormel Foods's quarterly accumulated depreciation declined from Jan. 2026 (€-2,307 Mil) to Apr. 2026 (€-2,289 Mil) but then increased from Apr. 2026 (€-2,289 Mil) to Jul. 2026 (€-2,365 Mil).

Hormel Foods's annual accumulated depreciation increased from Oct. 2023 (€-2,220 Mil) to Oct. 2024 (€-2,311 Mil) but then stayed the same from Oct. 2024 (€-2,311 Mil) to Oct. 2025 (€-2,297 Mil).


Hormel Foods Accumulated Depreciation Related Terms


Hormel Foods Accumulated Depreciation Historical Data

* Premium members only.

The historical data trend for Hormel Foods's Accumulated Depreciation 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.

Hormel Foods Accumulated Depreciation Chart

Hormel Foods Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Accumulated Depreciation
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1,747.63 -2,217.08 -2,220.30 -2,311.28 -2,297.27

Hormel Foods Quarterly Data
Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26 Jul26
Accumulated Depreciation 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 -2,261.24 -2,297.27 -2,307.19 -2,289.35 -2,364.77
FRA:HO7
74GF Score
Hormel Foods Corp FRA:HO7
Accumulated Depreciation is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hormel Foods Accumulated Depreciation Calculation

The cumulative depreciation of an asset up to a single point in its life. Regardless of the method used to calculate it, the depreciation of an asset during a single period is added to the previous period's accumulated depreciation to get the current accumulated depreciation.

What does a Accumulated Depreciation of €-2,365 Mil mean?
Hormel Foods (FRA:HO7) has a Accumulated Depreciation of €-2,365 Mil as of Jul. 2026. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on Hormel Foods and its competitors.
Is Hormel Foods' Accumulated Depreciation too high?
Hormel Foods' current Accumulated Depreciation is €-2,365 Mil. Overall, Hormel Foods has a GF Score™ of 74/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hormel Foods' Accumulated Depreciation compare to DAR and SJM?
Hormel Foods' Accumulated Depreciation of €-2,365 Mil can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accumulated Depreciation for a Consumer Packaged Goods company?
A good Accumulated Depreciation depends on the Consumer Packaged Goods industry context. However, Accumulated Depreciation should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accumulated Depreciation mean?
A high Accumulated Depreciation can signal that a stock is expensive relative to its fundamentals. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on Hormel Foods and its competitors. Hormel Foods's current Accumulated Depreciation is €-2,365 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hormel Foods stock overvalued right now?
Based on GuruFocus' analysis, Hormel Foods (FRA:HO7) is currently considered Significantly Undervalued. The stock's GF Value™ is €26.38, compared to a current price of €18.63 — trading 29.4% below its estimated fair value. The current Accumulated Depreciation is €-2,365 Mil. Hormel Foods' overall GF Score™ is 74/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accumulated Depreciation calculated?
Accumulated Depreciation is calculated from a company's financial statements. For Hormel Foods (FRA:HO7), the current Accumulated Depreciation is €-2,365 Mil as of Jul. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Hormel Foods (FRA:HO7) Overvalued in 2026?

Based on GuruFocus' analysis, Hormel Foods stock appears to be undervalued. The current stock price of €18.63 is trading 29.4% below its estimated GF Value™ of €26.38. GuruFocus considers Hormel Foods to be Significantly Undervalued.

Key valuation signals for FRA:HO7:

  • Accumulated Depreciation: €-2,365 Mil
  • GF Value™: €26.38 vs. price of €18.63 (29.4% below fair value)
  • GF Score™: 74/100 with 6 warning signs

No single metric tells the full story. See the FRA:HO7 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


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 became a branded food company. The firm sells its wares through multiple channels, including US retail (61.6% of fiscal 2025 sales), US foodservice (32.6%), and international (5.9%). By product, 73% of fiscal 2025 sales were from perishable food and 27% 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.
74GF Score

Get the complete analysis for FRA:HO7

Accumulated Depreciation is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€18.63
Price
€26.38
GF Value