Hormel Financial Statements From 2010 to 2025

HRL Stock  USD 30.43  0.25  0.83%   
Hormel Foods financial statements provide useful quarterly and yearly information to potential Hormel Foods investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Hormel Foods financial statements helps investors assess Hormel Foods' valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Hormel Foods' valuation are summarized below:
Gross Profit
B
Profit Margin
0.0652
Market Capitalization
16.6 B
Enterprise Value Revenue
1.5783
Revenue
12 B
There are over one hundred nineteen available fundamental trends for Hormel Foods, which can be analyzed over time and compared to other ratios. We recommend to confirm Hormel Foods' regular fundamental drivers against the all of the trends between 2010 and 2025. The value of Market Cap is estimated to slide to about 1.4 B. The Enterprise Value is projected to slide to about 1.3 B

Hormel Foods Total Revenue

14.39 Billion

Check Hormel Foods financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Hormel Foods' main balance sheet or income statement drivers, such as Depreciation And Amortization of 311.2 M, Interest Expense of 88.4 M or Total Revenue of 14.4 B, as well as many indicators such as Price To Sales Ratio of 2.14, Dividend Yield of 0.0156 or PTB Ratio of 2.29. Hormel financial statements analysis is a perfect complement when working with Hormel Foods Valuation or Volatility modules.
  
Check out the analysis of Hormel Foods Correlation against competitors.
For more information on how to buy Hormel Stock please use our How to buy in Hormel Stock guide.

Hormel Foods Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets16.2 B15.4 B9.1 B
Slightly volatile
Short and Long Term Debt Total3.5 B3.3 B1.5 B
Slightly volatile
Other Current Liabilities765.5 M729.1 M597.7 M
Slightly volatile
Total Current Liabilities1.7 B1.6 B1.2 B
Slightly volatile
Total Stockholder Equity9.7 B9.2 B5.7 B
Slightly volatile
Property Plant And Equipment Net2.7 B2.5 B1.6 B
Slightly volatile
Retained Earnings9.3 B8.8 B5.7 B
Slightly volatile
Cash895.8 M853.2 M649.7 M
Slightly volatile
Non Current Assets Total12.3 B11.7 B6.5 B
Slightly volatile
Non Currrent Assets Other746.1 M710.5 M366.4 M
Slightly volatile
Cash And Short Term Investments925.7 M881.6 M665.1 M
Slightly volatile
Net Receivables987.6 M940.6 M685.8 M
Slightly volatile
Common Stock Shares Outstanding457.2 M493.9 M538.6 M
Slightly volatile
Liabilities And Stockholders Equity16.2 B15.4 B9.1 B
Slightly volatile
Non Current Liabilities Total4.9 B4.6 B2.2 B
Slightly volatile
Inventory1.9 B1.8 B1.2 B
Slightly volatile
Other Current Assets103.4 M98.5 M32.2 M
Slightly volatile
Other Stockholder Equity689.7 M656.9 M243 M
Slightly volatile
Total Liabilities6.6 B6.2 B3.4 B
Slightly volatile
Total Current Assets3.9 B3.7 B2.6 B
Slightly volatile
Intangible Assets2.1 BB1.7 B
Slightly volatile
Accounts Payable888.2 M845.9 M598.4 M
Slightly volatile
Good Will5.9 B5.7 BB
Slightly volatile
Common Stock Total Equity6.5 M7.2 M7.8 M
Slightly volatile
Property Plant And Equipment Gross5.7 B5.4 B2.5 B
Slightly volatile
Common Stock6.5 M7.2 M7.8 M
Slightly volatile
Other Liabilities637.8 M1.1 B759 M
Slightly volatile
Other Assets262.9 M509.5 M268.4 M
Pretty Stable
Long Term Debt3.4 B3.3 B1.4 B
Slightly volatile
Property Plant Equipment2.8 B2.6 B1.4 B
Slightly volatile
Net Tangible Assets1.3 B944.3 M1.5 B
Slightly volatile
Noncontrolling Interest In Consolidated Entity3.7 M4.4 M4.7 M
Slightly volatile
Retained Earnings Total Equity5.3 B8.4 B5.5 B
Slightly volatile
Long Term Investments868.8 M827.4 M397.4 M
Slightly volatile
Non Current Liabilities Other180.6 M190.1 M490.5 M
Slightly volatile
Deferred Long Term Asset Charges21.4 M22.6 M35.1 M
Slightly volatile
Long Term Debt TotalB3.8 B1.5 B
Slightly volatile
Short and Long Term Debt6.7 MM265.9 M
Pretty Stable
Cash And Equivalents833.1 M1.1 B706.5 M
Slightly volatile
Net Invested Capital9.4 B12.5 B7.6 B
Slightly volatile
Net Working Capital1.6 B2.1 B1.3 B
Slightly volatile
Capital Stock8.7 M9.2 MM
Slightly volatile

Hormel Foods Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization311.2 M296.4 M185.8 M
Slightly volatile
Interest Expense88.4 M93 M36.8 M
Slightly volatile
Total Revenue14.4 B13.7 B10 B
Slightly volatile
Gross Profit1.3 B2.3 B1.8 B
Slightly volatile
Other Operating Expenses13.1 B12.5 BB
Slightly volatile
Operating Income1.3 B1.2 B1.1 B
Slightly volatile
EBIT1.3 B1.3 B1.1 B
Slightly volatile
EBITDA1.6 B1.6 B1.3 B
Slightly volatile
Cost Of Revenue12 B11.4 B8.2 B
Slightly volatile
Total Operating ExpensesB1.1 B787.3 M
Slightly volatile
Income Before Tax1.3 B1.2 BB
Slightly volatile
Net Income972.1 M925.8 M774.7 M
Slightly volatile
Income Tax Expense171.8 M265.4 M255.5 M
Very volatile
Selling General Administrative1.2 B1.2 B717.7 M
Slightly volatile
Research Development28.2 M38.8 M31.3 M
Slightly volatile
Net Income Applicable To Common Shares593.6 M912.6 M757.7 M
Slightly volatile
Selling And Marketing Expenses275.7 M144.1 M166 M
Very volatile
Net Income From Continuing Ops832.5 M925.3 M789.4 M
Slightly volatile
Non Operating Income Net Other25.9 M32.2 M24.6 M
Slightly volatile
Non Recurring9.8 M15.6 M16 M
Pretty Stable
Tax Provision228.2 M207.7 M298 M
Slightly volatile
Interest Income58.4 M55.7 M19.5 M
Slightly volatile
Reconciled Depreciation229.1 M296.4 M186.1 M
Slightly volatile
Extraordinary Items58.3 M65.6 M71.5 M
Slightly volatile

Hormel Foods Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Free Cash Flow1.2 B1.2 B758.1 M
Slightly volatile
Begin Period Cash Flow889.4 M847 M637.9 M
Slightly volatile
Depreciation311.2 M296.4 M184.2 M
Slightly volatile
Capital Expenditures167.2 M294.9 M218 M
Slightly volatile
Total Cash From Operating Activities1.5 B1.5 B985 M
Slightly volatile
Net Income490.2 M925.3 M749 M
Slightly volatile
End Period Cash Flow434.5 M853.2 M630.7 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio2.142.04112.0128
Very volatile
Dividend Yield0.01560.02250.0218
Slightly volatile
PTB Ratio2.293.33043.4533
Slightly volatile
Days Sales Outstanding27.3628.979426.2221
Slightly volatile
Book Value Per Share13.5512.906411.0774
Slightly volatile
Free Cash Flow Yield0.03490.03320.0404
Slightly volatile
Operating Cash Flow Per Share1.941.85161.9681
Slightly volatile
Stock Based Compensation To Revenue0.00160.00220.002
Pretty Stable
Capex To Depreciation1.531.00791.3718
Pretty Stable
PB Ratio2.293.33043.4533
Slightly volatile
EV To Sales2.392.27922.0813
Pretty Stable
Free Cash Flow Per Share1.51.42621.4969
Slightly volatile
ROIC0.0880.08030.1004
Slightly volatile
Inventory Turnover9.746.90797.248
Pretty Stable
Net Income Per Share1.761.67961.4553
Slightly volatile
Days Of Inventory On Hand34.6652.838150.7656
Pretty Stable
Payables Turnover18.3911.922613.8116
Pretty Stable
Sales General And Administrative To Revenue0.04680.05650.0629
Slightly volatile
Research And Ddevelopement To Revenue0.00370.00340.0033
Slightly volatile
Capex To Revenue0.02570.02020.0272
Pretty Stable
Cash Per Share1.231.17291.6811
Pretty Stable
POCF Ratio12.4523.19618.2517
Pretty Stable
Interest Coverage28.8525.921944.3143
Slightly volatile
Payout Ratio0.60.57560.5428
Slightly volatile
Capex To Operating Cash Flow0.420.22980.2841
Pretty Stable
PFCF Ratio31.1430.115140.7377
Slightly volatile
Days Payables Outstanding18.1530.614226.7406
Pretty Stable
Income Quality1.411.10211.3847
Very volatile
ROE0.120.13020.1371
Slightly volatile
EV To Operating Cash Flow27.225.901119.7457
Slightly volatile
PE Ratio13.1425.57224.4473
Slightly volatile
Return On Tangible Assets0.0960.15270.1445
Slightly volatile
EV To Free Cash Flow32.2733.627242.9941
Slightly volatile
Earnings Yield0.06050.03910.0419
Slightly volatile
Intangibles To Total Assets0.560.53150.4246
Slightly volatile
Current Ratio2.452.08232.1483
Slightly volatile
Tangible Book Value Per Share0.410.42963.0442
Slightly volatile
Receivables Turnover11.8612.595213.8947
Slightly volatile
Graham Number23.1822.076118.953
Slightly volatile
Shareholders Equity Per Share13.5412.896311.0686
Slightly volatile
Debt To Equity0.50.47630.2614
Slightly volatile
Capex Per Share0.220.42540.4574
Pretty Stable
Revenue Per Share22.0921.042118.573
Slightly volatile
Interest Debt Per Share6.536.22273.168
Slightly volatile
Debt To Assets0.270.26170.1559
Slightly volatile
Enterprise Value Over EBITDA19.4918.564716.2679
Slightly volatile
Short Term Coverage Ratios17311462.3265
Slightly volatile
Price Earnings Ratio13.1425.57224.4473
Slightly volatile
Operating Cycle54.5581.817476.5208
Pretty Stable
Price Book Value Ratio2.293.33043.4533
Slightly volatile
Days Of Payables Outstanding18.1530.614226.7406
Pretty Stable
Dividend Payout Ratio0.60.57560.5428
Slightly volatile
Price To Operating Cash Flows Ratio12.4523.19618.2517
Pretty Stable
Price To Free Cash Flows Ratio31.1430.115140.7377
Slightly volatile
Pretax Profit Margin0.0620.09890.1009
Slightly volatile
Ebt Per Ebit1.091.00320.9957
Slightly volatile
Operating Profit Margin0.06280.09860.1017
Slightly volatile
Effective Tax Rate0.370.19270.2586
Slightly volatile
Company Equity Multiplier1.881.82021.6362
Slightly volatile
Long Term Debt To Capitalization0.340.32210.1805
Slightly volatile
Total Debt To Capitalization0.340.32260.1999
Slightly volatile
Return On Capital Employed0.20.09950.1459
Slightly volatile
Debt Equity Ratio0.50.47630.2614
Slightly volatile
Ebit Per Revenue0.06280.09860.1017
Slightly volatile
Quick Ratio1.451.11511.2593
Slightly volatile
Dividend Paid And Capex Coverage Ratio1.381.331.6571
Slightly volatile
Net Income Per E B T0.510.8070.7336
Pretty Stable
Cash Ratio0.590.43340.6381
Pretty Stable
Cash Conversion Cycle54.4251.203250.9065
Slightly volatile
Operating Cash Flow Sales Ratio0.05880.0880.103
Pretty Stable
Days Of Inventory Outstanding34.6652.838150.7656
Pretty Stable
Days Of Sales Outstanding27.3628.979426.2221
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.50.77020.7109
Pretty Stable
Cash Flow Coverage Ratios0.290.30141.0269
Slightly volatile
Price To Book Ratio2.293.33043.4533
Slightly volatile
Fixed Asset Turnover8.55.39866.4718
Slightly volatile
Capital Expenditure Coverage Ratio2.964.35254.6919
Slightly volatile
Price Cash Flow Ratio12.4523.19618.2517
Pretty Stable
Enterprise Value Multiple19.4918.564716.2679
Slightly volatile
Debt Ratio0.270.26170.1559
Slightly volatile
Cash Flow To Debt Ratio0.290.30141.0269
Slightly volatile
Price Sales Ratio2.142.04112.0128
Very volatile
Return On Assets0.07140.07160.0853
Slightly volatile
Asset Turnover0.850.89641.1208
Slightly volatile
Net Profit Margin0.04130.07980.0753
Pretty Stable
Gross Profit Margin0.240.16930.1913
Slightly volatile
Price Fair Value2.293.33043.4533
Slightly volatile
Return On Equity0.120.13020.1371
Slightly volatile

Hormel Foods Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap1.4 B2.2 B2.3 B
Pretty Stable
Enterprise Value1.3 B2.2 B2.3 B
Pretty Stable

Hormel Fundamental Market Drivers

Forward Price Earnings18.4502
Cash And Short Term Investments766.6 M

Hormel Upcoming Events

7th of March 2024
Upcoming Quarterly Report
View
6th of June 2024
Next Financial Report
View
31st of January 2024
Next Fiscal Quarter End
View
4th of December 2024
Next Fiscal Year End
View
31st of October 2023
Last Quarter Report
View
31st of October 2023
Last Financial Announcement
View

About Hormel Foods Financial Statements

Hormel Foods investors utilize fundamental indicators, such as revenue or net income, to predict how Hormel Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue678.3 M712.2 M
Total Revenue13.7 B14.4 B
Cost Of Revenue11.4 B12 B
Sales General And Administrative To Revenue 0.06  0.05 
Capex To Revenue 0.02  0.03 
Revenue Per Share 21.04  22.09 
Ebit Per Revenue 0.10  0.06 

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When determining whether Hormel Foods is a strong investment it is important to analyze Hormel Foods' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Hormel Foods' future performance. For an informed investment choice regarding Hormel Stock, refer to the following important reports:
Check out the analysis of Hormel Foods Correlation against competitors.
For more information on how to buy Hormel Stock please use our How to buy in Hormel Stock guide.
You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Is Packaged Foods & Meats space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hormel Foods. If investors know Hormel will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hormel Foods listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.075
Earnings Share
1.47
Revenue Per Share
21.882
Quarterly Revenue Growth
(0.02)
Return On Assets
0.0516
The market value of Hormel Foods is measured differently than its book value, which is the value of Hormel that is recorded on the company's balance sheet. Investors also form their own opinion of Hormel Foods' value that differs from its market value or its book value, called intrinsic value, which is Hormel Foods' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hormel Foods' market value can be influenced by many factors that don't directly affect Hormel Foods' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hormel Foods' value and its price as these two are different measures arrived at by different means. Investors typically determine if Hormel Foods is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hormel Foods' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.