See more : Kogi Iron Limited (KFE.AX) Income Statement Analysis – Financial Results
Complete financial analysis of Hormel Foods Corporation (HRL) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Hormel Foods Corporation, a leading company in the Packaged Foods industry within the Consumer Defensive sector.
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Hormel Foods Corporation (HRL)
About Hormel Foods Corporation
Hormel Foods Corporation develops, processes, and distributes various meat, nuts, and food products to retail, foodservice, deli, and commercial customers in the United States and internationally. The company operates through four segments: Grocery Products, Refrigerated Foods, Jennie-O Turkey Store, and International & Other. It provides various perishable products that include fresh meats, frozen items, refrigerated meal solutions, sausages, hams, guacamoles, and bacons; and shelf-stable products comprising canned luncheon meats, nut butters, snack nuts, chilies, shelf-stable microwaveable meals, hashes, stews, tortillas, salsas, tortilla chips, and others. The company also engages in the processing, marketing, and sale of branded and unbranded pork, beef, poultry, and turkey products, as well as offers nutritional food products and supplements, desserts and drink mixes, and industrial gelatin products. It sells its products primarily under the SKIPPY, SPAM, Hormel, Natural Choice, Applegate, Justin's, Jennie-O, Café H, Herdez, Black Label, Sadler's, Columbus, Gatherings, Herdez, Wholly, Columbus, Planters, NUT-rition, Planters Cheez Balls, Corn Nuts, etc. brand names through sales personnel, independent brokers, and distributors. The company was formerly known as Geo. A. Hormel & Company and changed its name to Hormel Foods Corporation in January 1995. Hormel Foods Corporation was founded in 1891 and is headquartered in Austin, Minnesota.
| Metric | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 11.92B | 12.11B | 12.46B | 11.39B | 9.61B | 9.50B | 9.55B | 9.17B | 9.52B | 9.26B | 9.32B | 8.75B | 8.23B | 7.90B | 7.22B | 6.53B | 6.75B | 6.19B | 5.75B | 5.41B | 4.78B | 4.20B | 3.91B | 4.12B | 3.68B | 3.36B | 3.26B | 3.26B | 3.10B | 3.05B | 3.06B | 2.85B | 2.81B | 2.84B | 2.68B | 2.34B | 2.29B | 2.31B | 1.96B | 1.50B |
| Cost of Revenue | 9.90B | 10.11B | 10.29B | 9.46B | 7.78B | 7.61B | 7.55B | 7.16B | 7.37B | 7.46B | 7.75B | 7.34B | 6.90B | 6.56B | 5.98B | 5.43B | 5.23B | 4.78B | 4.36B | 4.13B | 3.66B | 3.19B | 2.95B | 2.99B | 2.61B | 2.32B | 2.34B | 2.44B | 2.36B | 2.26B | 2.31B | 2.17B | 2.16B | 2.24B | 2.12B | 1.82B | 1.82B | 1.90B | 1.58B | 1.16B |
| Gross Profit | 2.02B | 2.00B | 2.16B | 1.93B | 1.83B | 1.88B | 2.00B | 2.00B | 2.16B | 1.81B | 1.56B | 1.41B | 1.33B | 1.33B | 1.24B | 1.10B | 1.52B | 1.41B | 1.38B | 1.28B | 1.12B | 1.01B | 962.85M | 1.13B | 1.07B | 1.04B | 920.90M | 811.80M | 743.10M | 789.10M | 755.90M | 679.30M | 655.80M | 597.80M | 561.70M | 522.50M | 477.50M | 412.00M | 376.20M | 345.20M |
| Gross Profit Ratio | 16.96% | 16.51% | 17.37% | 16.93% | 19.00% | 19.84% | 20.90% | 21.85% | 22.66% | 19.52% | 16.80% | 16.14% | 16.18% | 16.90% | 17.16% | 16.82% | 22.53% | 22.84% | 24.07% | 23.69% | 23.45% | 24.12% | 24.62% | 27.52% | 29.01% | 31.06% | 28.24% | 24.93% | 23.98% | 25.90% | 24.66% | 23.80% | 23.31% | 21.08% | 20.95% | 22.32% | 20.83% | 17.80% | 19.19% | 22.98% |
| Research & Development | 0.00 | 33.70M | 34.70M | 33.60M | 31.90M | 32.50M | 33.80M | 34.20M | 34.70M | 32.00M | 29.90M | 29.90M | 29.80M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 0.00 | 748.37M | 721.97M | 714.57M | 637.72M | 596.48M | 686.71M | 626.50M | 667.87M | 598.31M | 536.55M | 537.44M | 502.47M | 0.00 | 0.00 | 0.00 | 178.03M | 162.48M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 0.00 | 160.10M | 157.30M | 138.50M | 123.60M | 131.10M | 151.50M | 135.60M | 204.10M | 145.30M | 114.40M | 89.90M | 103.40M | 0.00 | 0.00 | 0.00 | 834.29M | 771.60M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 1.01B | 908.47M | 879.27M | 853.07M | 761.32M | 727.58M | 838.21M | 762.10M | 871.97M | 743.61M | 650.95M | 627.34M | 605.87M | 618.59M | 605.29M | 567.09M | 1.01B | 934.08M | 937.03M | 864.03M | 768.18M | 708.63M | 652.34M | 834.47M | 737.65M | 737.20M | 677.20M | 590.70M | 578.80M | 568.50M | 532.20M | 491.70M | 475.00M | 429.50M | 407.30M | 377.10M | 344.50M | 291.60M | 271.30M | 237.00M |
| Other Expenses | -51.09M | -14.37M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -26.76M | 0.00 | 0.00 | 0.00 | 0.00 | -4.55M | 9.99B | -24.52M | -5.89M | -7.74M | 0.00 | 65.89M | 64.70M | 60.30M | 52.90M | 42.70M | 37.20M | 36.60M | 32.20M | 34.30M | 34.70M | 34.30M | 35.70M | 34.30M | 32.50M | 30.70M | 28.10M |
| Operating Expenses | 959.76M | 927.80M | 879.27M | 853.07M | 761.32M | 727.58M | 838.21M | 762.10M | 871.97M | 743.61M | 650.95M | 627.34M | 605.87M | 591.83M | 605.29M | 567.09M | 1.01B | 934.08M | 932.48M | 10.86B | 743.66M | 702.74M | 644.60M | 834.47M | 803.54M | 801.90M | 737.50M | 643.60M | 621.50M | 605.70M | 568.80M | 523.90M | 509.30M | 464.20M | 441.60M | 412.80M | 378.80M | 324.10M | 302.00M | 265.10M |
| Cost & Expenses | 10.85B | 11.04B | 11.17B | 10.31B | 8.54B | 8.34B | 8.39B | 7.93B | 8.24B | 8.20B | 8.40B | 7.97B | 7.50B | 7.15B | 6.59B | 6.00B | 6.25B | 5.71B | 5.29B | 14.99B | 4.40B | 3.89B | 3.59B | 3.82B | 3.41B | 3.12B | 3.08B | 3.09B | 2.98B | 2.86B | 2.88B | 2.70B | 2.67B | 2.70B | 2.56B | 2.23B | 2.19B | 2.23B | 1.89B | 1.42B |
| Interest Income | 48.40M | 14.83M | 28.01M | 46.88M | 35.60M | 31.52M | 8.86M | 10.86M | 6.19M | 2.93M | 3.24M | 4.97M | 6.52M | 0.00 | 4.57M | 19.56M | 0.00 | 13.62M | 0.00 | 8.53M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 80.89M | 73.40M | 62.52M | 43.31M | 21.07M | 18.07M | 26.49M | 12.68M | 12.87M | 13.11M | 12.70M | 12.45M | 12.86M | 23.45M | 26.59M | 28.00M | 56.13M | 27.71M | 20.17M | 27.74M | 0.00 | 21.08M | 24.28M | 15.29M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 114.50M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 6.50M | 0.00 | 5.40M |
| Depreciation & Amortization | 257.76M | 253.31M | 262.75M | 228.41M | 205.78M | 165.21M | 161.86M | 130.98M | 131.97M | 133.43M | 130.04M | 124.85M | 119.49M | 124.17M | 125.59M | 127.14M | 126.19M | 126.74M | 121.10M | 115.19M | 94.75M | 88.02M | 83.24M | 90.19M | 65.89M | 64.70M | 60.30M | 52.90M | 42.70M | 37.20M | 36.60M | 32.20M | 34.30M | 34.70M | 34.30M | 35.70M | 34.30M | 32.50M | 30.70M | 28.10M |
| EBITDA | 1.36B | 1.31B | 1.60B | 1.40B | 1.34B | 1.39B | 1.30B | 1.37B | 1.42B | 1.21B | 1.06B | 935.81M | 890.69M | 866.45M | 776.73M | 680.12M | 639.85M | 624.28M | 577.28M | 551.79M | 475.12M | 398.43M | 401.49M | 390.50M | 330.96M | 305.60M | 243.70M | 221.10M | 164.30M | 220.60M | 223.70M | 187.60M | 180.80M | 168.30M | 154.40M | 145.40M | 133.00M | 120.40M | 104.90M | 108.20M |
| EBITDA Ratio | 11.38% | 10.83% | 12.87% | 12.28% | 13.96% | 14.67% | 14.53% | 15.52% | 15.36% | 13.23% | 11.43% | 10.69% | 10.82% | 10.97% | 10.94% | 10.43% | 9.47% | 10.08% | 9.95% | -174.75% | 9.50% | 9.49% | 10.27% | 9.47% | 8.93% | 8.89% | 6.02% | 6.24% | 5.13% | 6.82% | 7.09% | 6.32% | 6.13% | 5.69% | 5.59% | 6.01% | 5.57% | 5.13% | 5.12% | 7.00% |
| Operating Income | 1.07B | 1.07B | 1.31B | 1.12B | 1.10B | 1.20B | 1.20B | 1.28B | 1.32B | 1.07B | 931.62M | 805.99M | 764.67M | 742.28M | 646.58M | 533.41M | 513.66M | 483.92M | 450.71M | 424.10M | 377.34M | 310.41M | 318.25M | 300.31M | 262.61M | 240.90M | 183.40M | 168.20M | 121.60M | 183.40M | 187.10M | 155.40M | 146.50M | 133.60M | 120.10M | 109.70M | 98.70M | 87.90M | 74.20M | 80.10M |
| Operating Income Ratio | 8.96% | 8.85% | 10.54% | 9.86% | 11.45% | 12.60% | 12.56% | 13.97% | 13.90% | 11.52% | 10.00% | 9.21% | 9.29% | 9.40% | 8.95% | 8.16% | 7.60% | 7.81% | 7.84% | 7.83% | 7.89% | 7.39% | 8.14% | 7.28% | 7.15% | 7.17% | 5.62% | 5.16% | 3.92% | 6.02% | 6.10% | 5.44% | 5.21% | 4.71% | 4.48% | 4.69% | 4.30% | 3.80% | 3.79% | 5.33% |
| Total Other Income/Expenses | -32.50M | -58.57M | -34.50M | 3.57M | 14.53M | 13.45M | -17.64M | 1.90M | -6.68M | -10.18M | -9.47M | -7.48M | 32.35M | 13.36M | -34.06M | -11.60M | -56.13M | -27.41M | -19.31M | -19.21M | -12.78M | -21.08M | -24.28M | -18.79M | -689.00K | 10.50M | 33.90M | 2.70M | 3.90M | 11.20M | 4.00M | 5.80M | 4.60M | 4.30M | 1.20M | 1.10M | -3.30M | -8.10M | -3.30M | -8.40M |
| Income Before Tax | 1.04B | 1.01B | 1.28B | 1.13B | 1.11B | 1.21B | 1.18B | 1.28B | 1.32B | 1.06B | 922.15M | 798.51M | 758.34M | 718.84M | 624.55M | 524.98M | 457.54M | 469.84M | 430.54M | 404.89M | 364.57M | 289.33M | 293.97M | 285.01M | 264.38M | 251.40M | 217.30M | 170.90M | 125.50M | 194.60M | 191.10M | 161.20M | 151.10M | 137.90M | 121.30M | 110.80M | 95.40M | 79.80M | 70.90M | 71.70M |
| Income Before Tax Ratio | 8.69% | 8.37% | 10.26% | 9.89% | 11.60% | 12.74% | 12.38% | 13.95% | 13.83% | 11.41% | 9.90% | 9.12% | 9.21% | 9.10% | 8.65% | 8.04% | 6.77% | 7.59% | 7.49% | 7.48% | 7.63% | 6.89% | 7.52% | 6.91% | 7.19% | 7.49% | 6.66% | 5.25% | 4.05% | 6.39% | 6.24% | 5.65% | 5.37% | 4.86% | 4.52% | 4.73% | 4.16% | 3.45% | 3.62% | 4.77% |
| Income Tax Expense | 230.80M | 220.55M | 277.88M | 217.03M | 206.39M | 230.57M | 168.70M | 431.54M | 426.70M | 369.88M | 316.13M | 268.43M | 253.37M | 239.64M | 224.78M | 182.17M | 172.04M | 167.95M | 144.40M | 151.43M | 132.90M | 103.55M | 104.65M | 102.57M | 94.16M | 88.00M | 78.00M | 61.40M | 46.10M | 74.20M | 73.10M | 60.40M | 55.90M | 51.50M | 44.20M | 40.70M | 35.20M | 33.90M | 31.80M | 33.10M |
| Net Income | 805.04M | 793.57M | 999.99M | 908.84M | 908.08M | 978.81M | 1.01B | 846.74M | 890.05M | 686.09M | 602.68M | 526.21M | 500.05M | 474.20M | 395.59M | 342.81M | 285.50M | 301.89M | 286.14M | 253.46M | 231.66M | 185.78M | 189.32M | 182.44M | 170.22M | 163.40M | 139.30M | 109.50M | 79.40M | 120.40M | 118.00M | -26.70M | 95.20M | 86.40M | 77.10M | 70.10M | 60.20M | 45.90M | 39.10M | 38.60M |
| Net Income Ratio | 6.75% | 6.55% | 8.03% | 7.98% | 9.45% | 10.31% | 10.60% | 9.24% | 9.35% | 7.41% | 6.47% | 6.01% | 6.08% | 6.01% | 5.48% | 5.25% | 4.23% | 4.87% | 4.98% | 4.68% | 4.85% | 4.42% | 4.84% | 4.42% | 4.63% | 4.87% | 4.27% | 3.36% | 2.56% | 3.95% | 3.85% | -0.94% | 3.38% | 3.05% | 2.88% | 3.00% | 2.63% | 1.98% | 1.99% | 2.57% |
| EPS | 1.47 | 1.45 | 1.84 | 1.68 | 1.69 | 1.83 | 1.91 | 1.60 | 1.68 | 1.30 | 1.14 | 1.00 | 0.95 | 0.89 | 0.74 | 0.64 | 0.53 | 0.55 | 0.52 | 0.46 | 0.42 | 0.34 | 0.34 | 0.33 | 0.30 | 0.28 | 0.23 | 0.18 | 0.13 | 0.20 | 0.19 | -0.04 | 0.16 | 0.14 | 0.13 | 0.12 | 0.10 | 0.08 | 0.07 | 0.07 |
| EPS Diluted | 1.47 | 1.45 | 1.82 | 1.66 | 1.66 | 1.80 | 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 | 0.30 | 0.28 | 0.23 | 0.18 | 0.13 | 0.20 | 0.19 | -0.04 | 0.16 | 0.14 | 0.13 | 0.12 | 0.10 | 0.08 | 0.07 | 0.07 |
| Weighted Avg Shares Out | 548.13M | 546.42M | 544.92M | 541.11M | 538.01M | 534.58M | 530.74M | 528.36M | 529.29M | 528.14M | 527.62M | 528.63M | 526.93M | 532.79M | 533.46M | 536.91M | 541.44M | 548.86M | 551.38M | 552.16M | 554.38M | 553.76M | 554.82M | 552.85M | 562.70M | 583.57M | 599.14M | 608.33M | 610.77M | 609.62M | 612.99M | 628.24M | 614.19M | 606.32M | 604.71M | 609.57M | 602.00M | 612.00M | 601.54M | 593.85M |
| Weighted Avg Shares Out (Dil) | 548.83M | 548.98M | 549.57M | 547.58M | 546.59M | 545.23M | 543.87M | 539.12M | 542.47M | 541.00M | 540.43M | 540.45M | 537.78M | 543.83M | 541.40M | 541.96M | 548.51M | 556.60M | 558.24M | 558.31M | 560.72M | 558.84M | 561.17M | 561.36M | 567.39M | 588.83M | 602.38M | 608.33M | 610.77M | 609.62M | 612.99M | 628.24M | 614.19M | 617.14M | 616.80M | 609.57M | 602.00M | 612.00M | 601.54M | 593.85M |
Insights Into Hormel (HRL) Q4: Wall Street Projections for Key Metrics
Besides Wall Street's top -and-bottom-line estimates for Hormel (HRL), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended October 2024.
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Two students with military backgrounds awarded $10,000 scholarships to pursue careers in culinary arts, foodservice management AUSTIN, Minn. , Nov. 11, 2024 /PRNewswire/ -- Hormel Foods Corporation, a Fortune 500 global branded food company, is today announcing the recipients of this year's...
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AUSTIN, Minn. , Nov. 8, 2024 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, invites interested parties to participate in a webcast and conference call with Jim Snee, chairman of the board, president and...
Hormel Foods Named a Best for Vets Employer for 12th Year in a Row
AUSTIN, Minn. , Nov. 7, 2024 /PRNewswire/ -- Hormel Foods Corporation, a Fortune 500 global branded food company, today announced it has been named on Military Times' 2024 Best for Vets employer list for the 12th consecutive year.
Source: https://incomestatements.info
Category: Stock Reports