Hormel Foods (HRL) Payables (2009 - 2026)
Hormel Foods (HRL) posted quarterly Payables of $669.4 million for Q2 2026, down 6.63% year-over-year from $716.9 million in Q2 2025, and little changed quarter-over-quarter from $670.9 million in Q1 2026.
Hormel Foods (HRL) Payables (2009 - 2026) Analysis & Trends
Hormel Foods (HRL) has reported Payables for 18 consecutive years, with $669.4 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Payables fell 6.63% year-over-year to $669.4 million; the TTM figure through Apr 2026 stood at $669.4 million (down 6.63% YoY), while the FY2025 annual figure was $731.6 million, down 0.55% from the prior year.
- Payables held at $669.4 million in Q2 2026 per HRL's latest filing, from $670.9 million in the prior quarter.
- Across five years, Payables topped out at $826.7 million in Q2 2022 and bottomed at $669.4 million in Q2 2026.
- Historically, Payables has averaged $738.0 million across 5 years, with a median of $733.6 million in 2024.
- Annual changes were most pronounced in 2022 — Payables jumped 43.19% — and 2023, when it decreased 11.99%.
- Hormel Foods' Payables stood at $816.6 million in 2022, then slipped by 5.54% to $771.4 million in 2023, then decreased by 4.64% to $735.6 million in 2024, then declined by 0.55% to $731.6 million in 2025, then dropped by 8.5% to $669.4 million in 2026.
- Business Quant data shows HRL's Payables at $669.4 million in Q2 2026, $670.9 million in Q1 2026, and $731.6 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 30.23 Bn | 27.54 Bn | 2.03 Bn | 4.48 Bn |
| 2 | General Mills | 21.36 Bn | 20.90 Bn | 1.60 Bn | 3.80 Bn |
| 3 | Mccormick | 14.89 Bn | 14.56 Bn | 778.20 Mn | 2.84 Bn |
| 4 | Jbs | 14.54 Bn | 11.07 Bn | 4.91 Bn | 7.19 Bn |
| 5 | Hormel Foods | 13.26 Bn | 12.40 Bn | 518.51 Mn | 669.38 Mn |
| 6 | J M Smucker | 13.17 Bn | 13.11 Bn | 862.10 Mn | 1.71 Bn |
| 7 | Magnum Ice Cream | 12.10 Bn | 11.38 Bn | - | 4.98 Bn |
| 8 | Darling Ingredients | 10.78 Bn | 10.62 Bn | 503.37 Mn | 413.29 Mn |
| 9 | Smithfield Foods | 8.77 Bn | 7.42 Bn | 478.00 Mn | 461.00 Mn |
| 10 | Conagra Brands | 7.80 Bn | 7.58 Bn | 704.10 Mn | 1.55 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 26, 2026 | 669.38 Mn |
| Jan 25, 2026 | 670.94 Mn |
| Oct 26, 2025 | 731.58 Mn |
| Jul 27, 2025 | 707.75 Mn |
| Apr 27, 2025 | 716.89 Mn |
| Jan 26, 2025 | 709.19 Mn |
| Oct 27, 2024 | 735.60 Mn |
| Jul 28, 2024 | 675.17 Mn |
| Apr 28, 2024 | 691.50 Mn |
| Jan 28, 2024 | 744.12 Mn |
| Oct 29, 2023 | 771.40 Mn |
| Jul 30, 2023 | 703.41 Mn |
| Apr 30, 2023 | 750.30 Mn |
| Jan 29, 2023 | 764.53 Mn |
| Oct 30, 2022 | 816.60 Mn |
| Jul 31, 2022 | 799.20 Mn |
| May 1, 2022 | 826.73 Mn |
| Jan 30, 2022 | 799.37 Mn |
| Oct 31, 2021 | 793.31 Mn |
| Jul 25, 2021 | 654.16 Mn |