For the year ending 2025-10-26, HRL had -$71,203K decrease in cash & cash equivalents over the period. $534,349K in free cash flow.
| Cash Flow | 2025-10-26 | 2024-10-27 | 2023-10-29 | 2022-10-30 |
|---|---|---|---|---|
| Net earnings | 477,764 | 804,631 | 792,920 | 1,000,226 |
| Depreciation | 241,174 | 233,827 | 227,331 | 213,026 |
| Amortization | 22,727 | 23,929 | 25,980 | 49,727 |
| Equity in earnings of affiliates | -105,839 | 51,088 | 42,754 | 27,185 |
| Distributions received from equity method investees | 50,097 | 46,055 | 38,160 | 43,039 |
| Provision for deferred income taxes | 52,872 | 87,670 | 31,794 | 177,000 |
| Non-cash investment activities | 14,015 | 23,557 | 2,392 | - |
| Stock-based compensation expense | 25,602 | 23,233 | 24,077 | 24,943 |
| Operating lease cost | 41,903 | 37,590 | 29,072 | - |
| Goodwill and intangible impairment | 70,751 | 0 | 28,383 | - |
| Loss (gain) on property/equipment sales and plant facilities | - | - | - | -6,695 |
| Loss (gain) on sale of business | -10,800 | - | - | - |
| Other non-cash, net | -3,067 | -16,292 | -20,034 | -19,298 |
| Decrease (increase) in accounts receivable | -32,730 | -1,899 | -48,998 | -28,365 |
| Decrease (increase) in inventories | 172,274 | -95,283 | -35,714 | 351,663 |
| Decrease (increase) in prepaid expenses and other assets | 18,599 | -13,143 | 68,666 | 15,460 |
| Increase (decrease) in pension and postretirement benefits | 31,760 | 24,350 | 18,272 | -29,392 |
| Increase (decrease) in accounts payable and accrued expenses | -69,325 | -27,200 | -140,519 | -14,511 |
| Increase (decrease) in net income taxes payable | -47,620 | -39,317 | -18,557 | 10,869 |
| Net cash provided by (used in) operating activities | 845,251 | 1,266,738 | 1,047,847 | 1,134,977 |
| Net (purchase) sale of securities | - | - | - | 2,493 |
| Net sale (purchase) of securities | 6,936 | 6,088 | 42 | - |
| Acquisitions of businesses and intangibles | - | - | 0 | 0 |
| Proceeds from sale of business | 13,139 | 25,006 | - | - |
| Purchases of property, plant, and equipment | 310,902 | 256,441 | 270,211 | 278,918 |
| Proceeds from sales of property, plant, and equipment | 132 | 474 | 5,322 | 1,224 |
| Proceeds from (purchases of) affiliates and other investments | 4,702 | 7,970 | 427,709 | -2,404 |
| Proceeds from company-owned life insurance | 10,676 | 8,112 | 3,096 | 14,761 |
| Net cash provided by (used in) investing activities | -298,592 | -236,907 | -689,544 | -258,037 |
| Proceeds from long-term debt | 0 | 497,765 | 1,980 | 0 |
| Payment of debt issuance costs | 0 | 1,105 | - | - |
| Repayments of long-term debt and finance leases | 7,830 | 959,017 | 8,827 | 8,673 |
| Dividends paid on common stock | 633,192 | 614,960 | 592,932 | 557,839 |
| Share repurchase | 0 | 0 | 12,303 | 0 |
| Proceeds from stock-based compensation plans, net of withholding taxes | 22,056 | 40,713 | 12,018 | 79,827 |
| Proceeds from noncontrolling interest | 4,969 | 6,508 | - | 0 |
| Net cash provided by (used in) financing activities | -613,996 | -1,030,096 | -600,064 | -486,684 |
| Effect of exchange rate changes on cash | -3,866 | 5,614 | -3,814 | -21,679 |
| Increase (decrease) in cash and cash equivalents | -71,203 | 5,349 | -245,575 | 368,577 |
| Cash and cash equivalents at beginning of period | 741,881 | 736,532 | 982,107 | 613,530 |
| Cash and cash equivalents at end of period | 670,679 | 741,881 | 736,532 | 982,107 |
HORMEL FOODS CORP DE (HRL)
HORMEL FOODS CORP DE (HRL)