Hormel Net Income From Continuing Ops from 2010 to 2024

HRL Stock  USD 30.67  0.17  0.56%   
Hormel Foods Net Income From Continuing Ops yearly trend continues to be quite stable with very little volatility. The value of Net Income From Continuing Ops is projected to decrease to about 828.7 M. From the period between 2010 and 2024, Hormel Foods, Net Income From Continuing Ops regression line of its data series had standard deviation of  195,083,840 and standard deviation of  195,083,840. View All Fundamentals
 
Net Income From Continuing Ops  
First Reported
2000-01-31
Previous Quarter
189.2 M
Current Value
176.7 M
Quarterly Volatility
104.1 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
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 305.9 M, Interest Expense of 80.2 M or Total Revenue of 14.6 B, as well as many indicators such as Price To Sales Ratio of 2.14, Dividend Yield of 0.0152 or PTB Ratio of 2.3. 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.

Latest Hormel Foods' Net Income From Continuing Ops Growth Pattern

Below is the plot of the Net Income From Continuing Ops of Hormel Foods over the last few years. It is Hormel Foods' Net Income From Continuing Ops historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Hormel Foods' overall financial position and show how it may be relating to other accounts over time.
Net Income From Continuing Ops10 Years Trend
Slightly volatile
   Net Income From Continuing Ops   
       Timeline  

Hormel Net Income From Continuing Ops Regression Statistics

Arithmetic Mean787,244,510
Geometric Mean760,610,082
Coefficient Of Variation24.78
Mean Deviation161,082,606
Median847,103,000
Standard Deviation195,083,840
Sample Variance38057.7T
Range612.8M
R-Value0.75
Mean Square Error17892.3T
R-Squared0.56
Significance0
Slope32,744,034
Total Sum of Squares532807.9T

Hormel Net Income From Continuing Ops History

2024828.7 M
2023911.9 M
2022792.9 M
2021B
2020909.1 M
2019908.4 M
2018979.1 M

About Hormel Foods Financial Statements

Hormel Foods investors utilize fundamental indicators, such as Net Income From Continuing Ops, 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
Net Income From Continuing Ops911.9 M828.7 M

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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 Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
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
Dividend Share
1.123
Earnings Share
1.43
Revenue Per Share
21.882
Quarterly Revenue Growth
(0.02)
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.