See more : New Hua Du Supercenter Co.,Ltd. (002264.SZ) 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.
You may be interested
- Easun Reyrolle Limited (EASUNREYRL.NS) Income Statement Analysis – Financial Results
- Inland Printers Limited (INLANPR.BO) Income Statement Analysis – Financial Results
- Asian Phytoceuticals Public Company Limited (APCO.BK) Income Statement Analysis – Financial Results
- Ambow Education Holding Ltd. (AMBO) Income Statement Analysis – Financial Results
- Concord Control Systems Limite (CNCRD.BO) Income Statement Analysis – Financial Results
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 |
Buy 10 Sustainable Dividend Dogs Of Barron's August 100
Barron's seventh annual (2024) ranking of Sustainable companies started with the 1,000 largest publicly traded companies by market value, then ranked each by performance for five key constituencies: shareholders, employees, customers, community, and planet. Home-products company Clorox sits at the...
53 August Dividend Kings: Buy 7, Watch 9 More
“What is a Dividend King? A stock with 50 or more consecutive years of dividend increases.”—suredividend.com. The 53 Dividend Kings, screened as of August 6, represented 8 of 11 Morningstar Sectors. Broker-targeted top-ten net-gains ranged 9.36%-31.67% topped-by PPG, and Target....
The Makers of the SPAM® Brand Unwrap Limited-Edition SPAM® Musubi Day Merch Collection Benefiting Maui
Proceeds from the limited-edition merchandise will be donated to Aloha United Way in support of restoration efforts of Maui one year after the Lahaina wildfires AUSTIN, Minn. , Aug. 8, 2024 /PRNewswire/ -- Today is National SPAM® Musubi Day, and...
In New Short Film, Hormel Foods Spotlights the World's Biggest Fans of MR. PEANUT®
The Peanut Pals' passion for the iconic MR. PEANUT® is simply unmatched AUSTIN, Minn.
Hormel Foods Showcases Meaningful Progress in its 18th Annual Global Impact Report
The company continues to advance its environmental and social impact goals and commitments AUSTIN, Minn. , Aug. 7, 2024 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global-branded food company, today announced the release of its 18th Global Impact...
4 Dividend Aristocrats To Buy In August And More To Watch
“Dividend Aristocrats… in the S&P 500 Index… have raised their annual payouts every year for at least 25 consecutive years.“- Kiplinger.. 67 Aristocrats, screened as of August 2, 2024, represented all eleven Morningstar Sectors. Broker estimated-top-ten net-gains ranged 8.12%-27.1% topped...
Hormel Foods Corporation to Hold Third Quarter Earnings Conference Call
AUSTIN, Minn. , Aug. 5, 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...
Makers of the HORMEL® BLACK LABEL® Brand Showcase Non-Breakfast Potential of Bacon With Latest Limited-Edition Flavor: Garlic Rosemary
HORMEL® BLACK LABEL® bacon brand team to consumers: Think beyond breakfast AUSTIN, Minn. , Aug. 1, 2024 /PRNewswire/ -- The makers of the HORMEL® BLACK LABEL® brand offer the widest selection of flavored bacon in the industry, and today, they...
My Best Dividend Aristocrats For August 2024
The ProShares S&P 500 Dividend Aristocrats ETF slumps to end the first half of 2024, posting a loss of 1.40% in June. I present 3 strategies that can theoretically beat the dividend aristocrat index in the long term. After 36...
Hormel Foods Announces 2024 Class of 10 Under 20 Food Heroes
Young changemakers from across the United States will soon travel to the company's global headquarters for a day of recognition and celebration AUSTIN, Minn. , July 30, 2024 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded...
Source: https://incomestatements.info
Category: Stock Reports