
Hormel Foods Corporation
NYSE:HRL
30.68 (USD) • At close May 30, 2025
Overview | Financials
Numbers are in millions (except for per share data and ratios) USD.
2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 | 1991 | 1990 | 1989 | 1988 | 1987 | 1986 | 1985 | |
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Revenue
| 11,920.797 | 12,110.01 | 12,458.806 | 11,386.189 | 9,608.462 | 9,497.317 | 9,545.7 | 9,167.519 | 9,523.224 | 9,263.863 | 9,316.256 | 8,751.654 | 8,230.67 | 7,895.089 | 7,220.719 | 6,533.671 | 6,754.903 | 6,193.032 | 5,745.481 | 5,413.997 | 4,779.875 | 4,200.328 | 3,910.314 | 3,885.244 | 3,473.849 | 3,357.8 | 3,261 | 3,256.6 | 3,098.7 | 3,046.2 | 3,064.8 | 2,854 | 2,813.7 | 2,836.2 | 2,681.2 | 2,340.5 | 2,292.8 | 2,314.1 | 1,960.2 | 1,502.2 |
Cost of Revenue
| 9,898.659 | 10,110.169 | 10,294.12 | 9,458.283 | 7,782.498 | 7,612.669 | 7,566.227 | 7,170.883 | 7,365.049 | 7,455.282 | 7,751.273 | 7,338.838 | 6,898.819 | 6,560.976 | 5,981.977 | 5,434.8 | 5,692.974 | 5,190.231 | 4,362.291 | 4,129.549 | 3,655.837 | 3,187.175 | 2,947.461 | 2,989.337 | 2,674.874 | 2,315 | 2,340.1 | 2,444.8 | 2,355.6 | 2,257.1 | 2,308.9 | 2,174.7 | 2,157.9 | 2,238.4 | 2,119.5 | 1,818 | 1,815.3 | 1,902.1 | 1,584 | 1,157 |
Gross Profit
| 2,022.138 | 1,999.841 | 2,164.686 | 1,927.906 | 1,825.963 | 1,884.648 | 1,979.473 | 1,996.636 | 2,158.175 | 1,808.581 | 1,564.983 | 1,412.816 | 1,331.851 | 1,334.113 | 1,238.742 | 1,098.871 | 1,061.929 | 1,002.801 | 1,383.19 | 1,284.448 | 1,124.038 | 1,013.153 | 962.853 | 895.907 | 798.975 | 1,042.8 | 920.9 | 811.8 | 743.1 | 789.1 | 755.9 | 679.3 | 655.8 | 597.8 | 561.7 | 522.5 | 477.5 | 412 | 376.2 | 345.2 |
Gross Profit Ratio
| 0.17 | 0.165 | 0.174 | 0.169 | 0.19 | 0.198 | 0.207 | 0.218 | 0.227 | 0.195 | 0.168 | 0.161 | 0.162 | 0.169 | 0.172 | 0.168 | 0.157 | 0.162 | 0.241 | 0.237 | 0.235 | 0.241 | 0.246 | 0.231 | 0.23 | 0.311 | 0.282 | 0.249 | 0.24 | 0.259 | 0.247 | 0.238 | 0.233 | 0.211 | 0.209 | 0.223 | 0.208 | 0.178 | 0.192 | 0.23 |
Reseach & Development Expenses
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
General & Administrative Expenses
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 178.029 | 162.48 | 182.891 | 172.242 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling & Marketing Expenses
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 834.292 | 771.597 | 754.143 | 691.792 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
SG&A
| 1,005.294 | 942.167 | 879.265 | 853.071 | 761.315 | 727.584 | 841.205 | 759.304 | 871.974 | 743.611 | 650.948 | 627.34 | 605.868 | 618.586 | 605.293 | 567.085 | 552.503 | 522.351 | 937.034 | 864.034 | 768.182 | 708.629 | 652.344 | 595.601 | 536.368 | 737.2 | 677.2 | 590.7 | 578.8 | 568.5 | 532.2 | 491.7 | 475 | 429.5 | 407.3 | 377.1 | 344.5 | 291.6 | 271.3 | 237 |
Other Expenses
| -51.088 | -14.372 | -27.186 | -47.764 | -35.571 | -39.201 | -41.693 | -39.41 | -37.694 | -2.35 | -17.585 | -20.513 | -38.691 | -26.757 | -13.126 | -4.793 | -7.37 | -3.47 | -4.553 | -5.525 | -24.521 | -5.886 | -7.741 | -3.498 | -2.463 | 64.7 | 60.3 | 52.9 | 42.7 | 37.2 | 36.6 | 32.2 | 34.3 | 34.7 | 34.3 | 35.7 | 34.3 | 32.5 | 30.7 | 28.1 |
Operating Expenses
| 954.206 | 927.795 | 852.079 | 805.307 | 725.744 | 688.383 | 799.512 | 719.894 | 834.28 | 741.261 | 633.363 | 606.827 | 567.177 | 591.829 | 592.167 | 562.292 | 545.133 | 518.881 | 932.481 | 858.509 | 743.661 | 702.743 | 644.603 | 592.103 | 533.905 | 801.9 | 737.5 | 643.6 | 621.5 | 605.7 | 568.8 | 523.9 | 509.3 | 464.2 | 441.6 | 412.8 | 378.8 | 324.1 | 302 | 265.1 |
Operating Income
| 1,067.932 | 1,072.046 | 1,312.607 | 1,122.599 | 1,100.22 | 1,196.265 | 1,179.961 | 1,276.742 | 1,323.895 | 1,067.32 | 931.62 | 805.989 | 764.674 | 742.284 | 646.575 | 536.579 | 516.796 | 483.92 | 450.709 | 425.939 | 380.377 | 310.41 | 318.25 | 303.804 | 265.07 | 240.9 | 183.4 | 168.2 | 121.6 | 183.4 | 187.1 | 155.4 | 146.5 | 133.6 | 120.1 | 109.7 | 98.7 | 87.9 | 74.2 | 80.1 |
Operating Income Ratio
| 0.09 | 0.089 | 0.105 | 0.099 | 0.115 | 0.126 | 0.124 | 0.139 | 0.139 | 0.115 | 0.1 | 0.092 | 0.093 | 0.094 | 0.09 | 0.082 | 0.077 | 0.078 | 0.078 | 0.079 | 0.08 | 0.074 | 0.081 | 0.078 | 0.076 | 0.072 | 0.056 | 0.052 | 0.039 | 0.06 | 0.061 | 0.054 | 0.052 | 0.047 | 0.045 | 0.047 | 0.043 | 0.038 | 0.038 | 0.053 |
Total Other Income Expenses Net
| -32.498 | -58.574 | -34.504 | 3.571 | 14.527 | 13.45 | 1.323 | 1.903 | -6.68 | -10.177 | -9.468 | -7.482 | -6.339 | -23.448 | -22.024 | -8.432 | -56.125 | -14.083 | -20.166 | -19.213 | -12.779 | -21.079 | -24.28 | -18.79 | -0.689 | 10.5 | 33.9 | 2.7 | 3.9 | 11.2 | 4 | 5.8 | 4.6 | 4.3 | 1.2 | 1.1 | -3.3 | -8.1 | -3.3 | -8.4 |
Income Before Tax
| 1,035.434 | 1,013.472 | 1,278.103 | 1,126.17 | 1,114.747 | 1,209.715 | 1,181.284 | 1,278.645 | 1,317.215 | 1,057.143 | 922.152 | 798.507 | 758.335 | 718.836 | 624.551 | 528.147 | 460.671 | 469.837 | 430.543 | 406.726 | 367.598 | 289.331 | 293.97 | 285.014 | 264.381 | 251.4 | 217.3 | 170.9 | 125.5 | 194.6 | 191.1 | 161.2 | 151.1 | 137.9 | 121.3 | 110.8 | 95.4 | 79.8 | 70.9 | 71.7 |
Income Before Tax Ratio
| 0.087 | 0.084 | 0.103 | 0.099 | 0.116 | 0.127 | 0.124 | 0.139 | 0.138 | 0.114 | 0.099 | 0.091 | 0.092 | 0.091 | 0.086 | 0.081 | 0.068 | 0.076 | 0.075 | 0.075 | 0.077 | 0.069 | 0.075 | 0.073 | 0.076 | 0.075 | 0.067 | 0.052 | 0.041 | 0.064 | 0.062 | 0.056 | 0.054 | 0.049 | 0.045 | 0.047 | 0.042 | 0.034 | 0.036 | 0.048 |
Income Tax Expense
| 230.803 | 220.552 | 277.877 | 217.029 | 206.393 | 230.567 | 168.702 | 431.542 | 426.698 | 369.879 | 316.126 | 268.431 | 253.374 | 239.64 | 224.775 | 182.169 | 172.036 | 167.945 | 144.404 | 152.123 | 134.048 | 103.552 | 104.648 | 102.573 | 94.164 | 88 | 78 | 61.4 | 46.1 | 74.2 | 73.1 | 60.4 | 55.9 | 51.5 | 44.2 | 40.7 | 35.2 | 33.9 | 31.8 | 33.1 |
Net Income
| 805.038 | 793.572 | 999.987 | 908.839 | 908.082 | 978.806 | 1,012.14 | 846.735 | 890.052 | 686.088 | 602.677 | 526.211 | 500.05 | 474.195 | 395.587 | 342.813 | 285.5 | 301.892 | 286.139 | 254.603 | 233.55 | 185.779 | 189.322 | 182.441 | 170.217 | 163.4 | 139.3 | 109.5 | 79.4 | 120.4 | 118 | -26.7 | 95.2 | 86.4 | 77.1 | 70.1 | 60.2 | 45.9 | 39.1 | 38.6 |
Net Income Ratio
| 0.068 | 0.066 | 0.08 | 0.08 | 0.095 | 0.103 | 0.106 | 0.092 | 0.093 | 0.074 | 0.065 | 0.06 | 0.061 | 0.06 | 0.055 | 0.052 | 0.042 | 0.049 | 0.05 | 0.047 | 0.049 | 0.044 | 0.048 | 0.047 | 0.049 | 0.049 | 0.043 | 0.034 | 0.026 | 0.04 | 0.039 | -0.009 | 0.034 | 0.03 | 0.029 | 0.03 | 0.026 | 0.02 | 0.02 | 0.026 |
EPS
| 1.47 | 1.45 | 1.84 | 1.68 | 1.69 | 1.83 | 1.91 | 1.6 | 1.68 | 1.3 | 1.14 | 1 | 0.95 | 0.89 | 0.74 | 0.64 | 0.53 | 0.55 | 0.52 | 0.46 | 0.42 | 0.34 | 0.34 | 0.33 | 0.3 | 0.28 | 0.23 | 0.18 | 0.13 | 0.2 | 0.19 | -0.043 | 0.16 | 0.14 | 0.13 | 0.12 | 0.1 | 0.075 | 0.065 | 0.065 |
EPS Diluted
| 1.47 | 1.45 | 1.82 | 1.66 | 1.66 | 1.8 | 1.86 | 1.57 | 1.64 | 1.27 | 1.12 | 0.98 | 0.93 | 0.87 | 0.73 | 0.63 | 0.52 | 0.54 | 0.51 | 0.46 | 0.42 | 0.33 | 0.34 | 0.33 | 0.3 | 0.28 | 0.23 | 0.18 | 0.13 | 0.2 | 0.19 | -0.043 | 0.16 | 0.14 | 0.13 | 0.12 | 0.1 | 0.075 | 0.065 | 0.065 |
EBITDA
| 1,374.084 | 1,340.185 | 1,576.503 | 1,378.786 | 1,341.597 | 1,392.994 | 1,369.636 | 1,422.305 | 1,462.054 | 1,203.688 | 1,064.9 | 935.81 | 890.688 | 866.449 | 776.731 | 683.28 | 642.985 | 624.282 | 577.28 | 549.659 | 475.122 | 398.43 | 401.488 | 393.997 | 330.956 | 305.6 | 243.7 | 221.1 | 164.3 | 220.6 | 223.7 | 187.6 | 180.8 | 168.3 | 154.4 | 145.4 | 133 | 120.4 | 104.9 | 108.2 |
EBITDA Ratio
| 0.115 | 0.111 | 0.127 | 0.121 | 0.14 | 0.147 | 0.143 | 0.155 | 0.154 | 0.13 | 0.114 | 0.107 | 0.108 | 0.11 | 0.108 | 0.105 | 0.095 | 0.101 | 0.1 | 0.102 | 0.099 | 0.095 | 0.103 | 0.101 | 0.095 | 0.091 | 0.075 | 0.068 | 0.053 | 0.072 | 0.073 | 0.066 | 0.064 | 0.059 | 0.058 | 0.062 | 0.058 | 0.052 | 0.054 | 0.072 |