Hormel Foods Corp (HRL)

Hormel Foods Corporation develops, processes, and distributes various meat, nut, and other food products to foodservice, convenience stores, and commercial customers in the United States and internationally. It operates through three segments: Retail, Foodservice, and International. The company provides perishable products, including fresh meats, frozen items, refrigerated meal solutions, bacon, sausages, hams, guacamole, and other items that require refrigeration, as well as shelf-stable products, such as canned luncheon meats, nut butters, snack nuts, chili, shelf-stable microwaveable meals, hash, stews, tortillas, salsas, tortilla chips, and other items that do not require refrigeration. It sells its products under the HORMEL, ALWAYS TENDER, APPLEGATE, AUSTIN BLUES, BACON 1, BLACK LABEL, BREAD READY, BURKE, CAFÉ H, CERATTI, CHI-CHI'S, COLUMBUS, COMPLEATS, CORN NUTS, CURE 81, DAN'S PRIZE, DI LUSSO, DINTY MOORE, DON MIGUEL, DOÑA MARIA, EMBASA, FAST ‘N EASY, FIRE BRAISED, FONTANINI, HERDEZ, HORMEL GATHERINGS, HOUSE OF TSANG, JENNIE-O, JUSTIN'S, LA VICTORIA, LAYOUT, LLOYD'S, MARY KITCHEN, MR. PEANUT, NATURAL CHOICE, NUT-RITION, OLD SMOKEHOUSE, OVEN READY, PILLOW PACK, PLANTERS, ROSA GRANDE, SADLER'S SMOKEHOUSE, SKIPPY, SPAM, SQUARE TABLE, SPECIAL RECIPE, VALLEY FRESH, and WHOLLY brands 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.

Symbol
HRL
Exchange
NYSE
Sector
Consumer Defensive
Industry
Packaged Foods
Market cap
$11.15B
52 week range
19.42 - 26.6

Valuation

Share price
$20.25 (close of 2026-10-02)
P/E (TTM)
32.14x
Price to book
1.42x
Price to free cash flow
14.28x
Enterprise value
$13.17B
Book value per share
$14.27

Price performance

PeriodChange
1 day+1.45%
5 days+2.74%
1 month-8.16%
3 months-19.00%
6 months-8.33%
Year to date-14.56%
1 year-17.88%
3 years-46.06%
5 years-50.48%
10 years-46.61%
All time+7688.46%

Members of Congress who disclosed HRL trades

Lisa McClain · Kevin Hern

Super investors holding HRL

Mairs & Power (Mairs & Power Inc) · Bill Gates (Gates Foundation Trust) · Ken Griffin (Citadel) · Ray Dalio (Bridgewater Associates) · Thomas Russo (Gardner Russo & Quinn LLC)

Profitability and growth

Return on equity
6.04%
Return on invested capital
5.28%
Return on assets
3.57%
Return on capital employed
5.98%
Gross margin
15.63%
Net margin
3.95%
EBITDA margin
8.12%
Revenue growth
1.55%
Net income growth
-40.60%
Free cash flow growth
-47.11%

Cash flow and balance sheet

Free cash flow yield (TTM)
7.00%
Current ratio
1.88x
Net debt to EBITDA
2.31x

Latest reported year

Period end
2025-10-26
Fiscal year
2025
Revenue
$12.11B
Cost of revenue
$10.21B
Gross profit
$1.89B
EBITDA
$982.50M
Net income
$478.20M
Earnings per share
$0.87
Research and development
$35.20M
Shares outstanding
550.16M

Income statement by year

Period endRevenueGross profitNet incomeEPS
2025-10-26$12.11B$1.89B$478.20M$0.87
2024-10-27$11.92B$2.02B$805.04M$1.47
2023-10-29$12.11B$2.00B$793.57M$1.45
2022-10-30$12.46B$2.16B$999.99M$1.84
2021-10-31$11.39B$1.93B$908.84M$1.68
2020-10-25$9.61B$1.83B$908.08M$1.69
2019-10-27$9.50B$1.88B$978.81M$1.83
2018-10-28$9.55B$1.98B$1.01B$1.91
2017-10-29$9.17B$2.00B$846.74M$1.60
2016-10-30$9.52B$2.16B$890.05M$1.68

Margins and returns by year

Period endGross marginNet marginReturn on equityReturn on capital
2025-10-2615.63%3.95%6.04%5.28%
2024-10-2716.96%6.75%10.06%8.27%
2023-10-2916.51%6.55%10.25%8.26%
2022-10-3017.37%8.03%13.26%10.50%
2021-10-3116.93%7.98%13.02%9.22%
2020-10-2519.00%9.45%14.12%14.57%
2019-10-2719.84%10.31%16.52%17.55%
2018-10-2820.74%10.60%18.06%17.52%
2017-10-2921.78%9.24%17.14%17.81%
2016-10-3022.66%9.35%19.99%20.93%

Cash and debt by year

Period endCashDebt
2025-10-26$670.68M$2.85B
2024-10-27$741.88M$2.85B
2023-10-29$736.53M$2.36B
2022-10-30$982.11M$3.29B
2021-10-31$613.53M$3.32B
2020-10-25$1.71B$1.04B
2019-10-27$672.90M$250.00M
2018-10-28$459.14M$624.84M
2017-10-29$444.12M$250.00M
2016-10-30$415.14M$250.00M

Free cash flow by year

Period endFree cash flowStock-based compensation
2025-10-26$534.35M$25.60M
2024-10-27$1.01B$23.23M
2023-10-29$777.64M$24.08M
2022-10-30$856.06M$24.94M
2021-10-31$769.52M$24.74M
2020-10-25$760.52M$22.46M
2019-10-27$629.16M$19.71M
2018-10-28$852.12M$20.59M
2017-10-29$812.60M$15.59M
2016-10-30$784.50M$17.83M

Dividend history

Most recent payment
2026-07-13
Paid in the last twelve months
$1.17
Payment dateDividend per share
2026-07-13$0.29
2026-04-13$0.29
2026-01-12$0.29
2025-10-14$0.29
2025-07-14$0.29
2025-04-14$0.29
2025-01-13$0.29
2024-10-15$0.28

Investor relations

Past earnings dates

ReportedFiscal periodEPS estimate
2026-08-27Jul/2026$0.36
2026-05-28Apr/2026$0.35
2026-02-26Jan/2026$0.32
2025-12-04Oct/2025$0.30
2025-08-28Jul/2025$0.41
2025-05-29Apr/2025$0.35
2025-02-27Jan/2025$0.37
2024-12-04Oct/2024$0.43

Filings and sources

Company website
hormelfoods.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

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