FFilingLens
Quarterly TTM Annual
Income Balance Cash flow
8Y

Three-Statement Breakdown

HRL
2026-07-26 · figures in $M

FCF DOWN

Free cash flow fell 47% to $534.3M — the lowest of its last 8 readings, and covered net income 1.12×.

CASH FROM OPS -33.3%
845 7.0% MGN
CAPITAL EXPENDITURE +21.2%
311
FREE CASH FLOW -47.1%
534
FCF / NET INCOME -11.0%
1.12× TARGET >1.0×
Cash flow FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 YoY TTM 8Q
Net income
1,012 979 908 909 1,000 794 805 478 -40.6% 343 2024-10-27 · $220.2M2025-01-26 · $170.6M2025-04-27 · $180.0M2025-07-27 · $183.7M2025-10-26 · -$56.1M2026-01-25 · $181.8M2026-04-26 · $157.5M2026-07-26 · $59.6M
Depreciation & amortization
162 165 206 209 236 253 258 264 +2.4% 272
Stock-based comp
21 20 22 25 25 24 23 26 +10.2% 26
Cash from operations
1,242 923 1,128 1,002 1,135 1,048 1,267 845 -33.3% 1,092 2024-10-27 · $408.6M2025-01-26 · $309.2M2025-04-27 · $56.4M2025-07-27 · $156.7M2025-10-26 · $322.9M2026-01-25 · $349.2M2026-04-26 · $178.9M2026-07-26 · $240.6M
Cash conversion
1.23× 0.94× 1.24× 1.10× 1.13× 1.32× 1.57× 1.77× +12.3% 3.19×
Capital expenditures
(390) (294) (368) (232) (279) (270) (256) (311) +21.2% (311)
Free cash flow
852 629 761 770 856 778 1,010 534 -47.1% 781 2024-10-27 · $324.8M2025-01-26 · $237.0M2025-04-27 · -$18.6M2025-07-27 · $84.5M2025-10-26 · $231.4M2026-01-25 · $280.2M2026-04-26 · $96.8M2026-07-26 · $172.4M
FCF margin
8.9% 6.6% 7.9% 6.8% 6.9% 6.4% 8.5% 4.4% -47.9% 6.4%
Cash from investing
-1,235 220 -656 -3,626 -258 -690 -237 -299 — -206
Dividends paid
388 437 487 523 558 593 615 633 +3.0% 641
Share repurchases
47 174 12 20 0 12 0 0 — —
Debt repayment
NOT DISCLOSED
0 375 — — — — — — — —
Cash from financing
12 -926 566 1,521 -487 -600 -1,030 -614 — -647
Net change in cash
15 214 1,041 -1,101 369 -246 5 -71 — 245
Ending cash balance
459 673 1,714 614 982 737 742 671 -9.6% 840

Click a line to select it — Enter or the EXPAND pill folds out its quarter-by-quarter history.

SELECTED · FREE CASH FLOW · QoQ BRIDGE
FROM1,010 CASH FROM OPERATIONS-421 CAPITAL EXPENDITURES-54 ROUNDING-1 TO534
↹ CLICK A LINE TO SELECT · ⌘F FIND LINE ITEM SRC 10-Q FILED 2026-08-27 ↗