HORMEL FOODS CORPORATION financials

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HRL CIK 0000048465

Source: EDGAR filings · raw companyfacts JSON · Built 2026-04-25T10:06:01Z

Key metrics by reporting period

Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.

Derived Metrics

Concept FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Free Cash Flow 534.35M 1.01B 777.64M 856.06M 769.52M 760.52M
EBITDA 982.50M 1.33B 1.33B 1.55B 1.33B 1.31B
Working Capital 2.02B 1.85B 985.47M 2.16B 1.53B 2.08B
Net Debt 2.35B 2.30B 2.74B 2.39B 2.79B -355.53M
Gross Margin 15.63% 16.96% 16.51% 17.37% 16.93% 19.00%
Operating Margin 5.94% 8.96% 8.85% 10.54% 9.86% 11.45%
Net Margin 3.95% 6.75% 6.55% 8.03% 7.98% 9.45%
Return on Equity (ROE) 6.05% 10.07% 10.26% 13.27% 13.03% 14.13%
Return on Assets (ROA) 3.57% 5.99% 5.90% 7.51% 7.16% 9.16%
Current Ratio 2.4664 2.3201 1.4263 2.4687 2.0823 2.3798
Debt-to-Equity 0.3829 0.3803 0.45 0.448 0.4875 0.2115
Effective Tax Rate 27.99% 22.29% 21.76% 21.74% 19.27% 18.51%
Cash Conversion Ratio 1.7676 1.5735 1.3204 1.135 1.1024 1.2422
Accruals Ratio -0.0274 -0.0344 -0.0189 -0.0101 -0.0073 -0.0222
SBC % of Revenue 0.21% 0.19% 0.20% 0.20% 0.22% 0.23%
CapEx Coverage 2.7187 4.9397 3.8779 4.0692 4.311 3.0694
Free Cash Flow Per Share $0.97 $1.84 $1.42 $1.56 $1.41 $1.39

Valuation Metrics

Concept FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
P/E Trailing (Diluted) 27.3908 21.1293 21.6483 25.8022 25.494 29.8855
P/FCF 24.5493 16.8731 22.1603 30.147 30.1146 35.6547
FCF Yield 4.07% 5.93% 4.51% 3.32% 3.32% 2.80%
EV / EBITDA 15.7486 14.592 15.0728 18.2123 19.4901 20.4907
P/S 1.0836 1.43 1.423 2.0714 2.0352 2.8221
P/B 1.6603 2.1326 2.2279 3.4249 3.3234 4.2201

Income Statement

Concept FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Cost of Goods and Services Sold 10.21B 9.90B 10.11B 10.29B 9.46B 7.78B
Gross Profit 1.89B 2.02B 2.00B 2.16B 1.93B 1.83B
Research and Development Expense 35.20M 36.10M 33.70M 34.70M 33.60M 31.90M
Selling, General and Administrative Expense 996.62M 1.01B 942.17M 879.26M 853.07M 761.32M
Operating Income (Loss) 718.60M 1.07B 1.07B 1.31B 1.12B 1.10B
Income Tax Expense (Benefit) 185.68M 230.80M 220.55M 277.88M 217.03M 206.39M
Net Income (Loss) Attributable to Parent 478.20M 805.04M 793.57M 999.99M 908.84M 908.08M
Earnings Per Share, Basic $0.87 $1.47 $1.45 $1.84 $1.68 $1.69
Weighted Average Number of Shares Outstanding, Basic 550.16M 548.13M 546.42M 544.92M 541.11M 538.01M
Earnings Per Share, Diluted $0.87 $1.47 $1.45 $1.82 $1.66 $1.66
Weighted Average Number of Shares Outstanding, Diluted 550.50M 548.83M 548.98M 549.57M 547.58M 546.59M

Balance Sheet

Concept FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Cash and Cash Equivalents, at Carrying Value 670.68M 741.88M 736.53M 982.11M 613.53M 1.71B
Assets, Current 3.41B 3.25B 3.30B 3.64B 2.95B 3.58B
Assets 13.39B 13.43B 13.45B 13.31B 12.70B 9.91B
Liabilities, Current 1.38B 1.40B 2.31B 1.47B 1.42B 1.50B
Long-term Debt, Excluding Current Maturities 2.85B 2.85B 2.36B 3.29B 3.32B 1.04B
Stockholders' Equity Attributable to Parent 7.90B 7.99B 7.73B 7.54B 6.97B 6.43B

Cash Flow Statement

Concept FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Net Cash Provided by (Used in) Operating Activities 845.25M 1.27B 1.05B 1.13B 1.00B 1.13B
Payments to Acquire Property, Plant, and Equipment 310.90M 256.44M 270.21M 278.92M 232.42M 367.50M
Net Cash Provided by (Used in) Investing Activities -298.59M -236.91M -689.54M -258.04M -3.63B -656.32M
Payments for Repurchase of Common Stock 0 0 12.30M 0 19.96M 12.36M
Net Cash Provided by (Used in) Financing Activities -614.00M -1.03B -600.06M -486.68M 1.52B 566.17M

Raw XBRL tagging for a single filing

Every us-gaap and custom concept the filer tagged for one fiscal period, grouped by statement. Start here when a number in the trend table above surprises you and you want to see the exact tag behind it. Derived and valuation rows are omitted here because they already appear in the trend table.

Most recent filing shown by default.

Compare filings side-by-side

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Immaterial rows are USD line items under 1% of the period's revenue — the noise floor below which a single tag rarely moves the investment thesis. Revenue is read from the filer's top-line concept (Revenues / RevenueFromContractWithCustomerExcludingAssessedTax, with a fallback chain). Non-USD rows, rows without a numeric value, and every row on a filing with no identifiable revenue anchor stay visible. Flip the switch off to see every tag the filer reported for the period.

Income Statement

25 concepts 3 units
Unit US$ · 18 concepts
Label Value Period
Other Operating Income (Expense), Net 3.81M 2025-10-27 → 2026-01-25
Revenue from Contract with Customer, Including Assessed Tax 3.03B 2025-10-27 → 2026-01-25
Cost of Goods and Services Sold 2.56B 2025-10-27 → 2026-01-25
Gross Profit 469.57M 2025-10-27 → 2026-01-25
Amortization of Intangible Assets 3.07M 2025-10-27 → 2026-01-25
Restructuring Charges 8.48M 2025-10-27 → 2026-01-25
Selling, General and Administrative Expense 241.70M 2025-10-27 → 2026-01-25
Gain (Loss) on Disposition of Business 23.51M 2025-10-27 → 2026-01-25
Operating Income (Loss) 243.70M 2025-10-27 → 2026-01-25
Investment Income, Nonoperating 6.53M 2025-10-27 → 2026-01-25
Nonoperating Income (Expense) 41.30M 2025-10-27 → 2026-01-25
InterestExpenseNonoperating 19.73M 2025-10-27 → 2026-01-25
Income (Loss) from Equity Method Investments 15.82M 2025-10-27 → 2026-01-25
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 234.31M 2025-10-27 → 2026-01-25
Income Tax Expense (Benefit) 52.54M 2025-10-27 → 2026-01-25
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest 181.77M 2025-10-27 → 2026-01-25
Net Income (Loss) Attributable to Noncontrolling Interest -32.00K 2025-10-27 → 2026-01-25
Net Income (Loss) Attributable to Parent 181.80M 2025-10-27 → 2026-01-25
Unit shares · 4 concepts
Label Value Period
Weighted Average Number of Shares Outstanding, Basic 550.48M 2025-10-27 → 2026-01-25
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount 17.73M 2025-10-27 → 2026-01-25
Weighted Average Number of Shares Outstanding, Diluted 550.71M 2025-10-27 → 2026-01-25
Weighted Average Number Diluted Shares Outstanding Adjustment 229,000 2025-10-27 → 2026-01-25
Unit US$ / share · 3 concepts
Label Value Period
Earnings Per Share, Basic $0.33 2025-10-27 → 2026-01-25
Earnings Per Share, Diluted $0.33 2025-10-27 → 2026-01-25
Common Stock, Dividends, Per Share, Declared $0.29 2025-10-27 → 2026-01-25

Comprehensive Income

8 concepts 1 unit
Unit US$ · 8 concepts
Label Value Period
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax 2.49M 2025-10-27 → 2026-01-25
Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, after Tax -1.49M 2025-10-27 → 2026-01-25
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), after Reclassification and Tax 6.95M 2025-10-27 → 2026-01-25
OCI, Equity Method Investment, after Tax -210.00K 2025-10-27 → 2026-01-25
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 192.42M 2025-10-27 → 2026-01-25
Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest 63.00K 2025-10-27 → 2026-01-25
Other Comprehensive Income (Loss), Net of Tax 10.72M 2025-10-27 → 2026-01-25
Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest 192.49M 2025-10-27 → 2026-01-25

Balance Sheet

51 concepts 3 units
Unit US$ · 48 concepts
Label Value Period
Cash and Cash Equivalents, at Carrying Value 867.91M as of 2026-01-25
Marketable Securities, Current 33.30M as of 2026-01-25
Accounts Receivable, Allowance for Credit Loss, Current 3.78M as of 2026-01-25
Accounts Receivable, after Allowance for Credit Loss, Current 696.25M as of 2026-01-25
Debt Securities, Available-for-sale 33.30M as of 2026-01-25
Derivative Asset 12.63M as of 2026-01-25
Inventory, Net 1.65B as of 2026-01-25
Derivative Asset, Current 19.48M as of 2026-01-25
Assets, Current 3.39B as of 2026-01-25
Land 74.97M as of 2026-01-25
Construction in Progress, Gross 283.25M as of 2026-01-25
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures 577.06M as of 2026-01-25
Long-term Debt and Lease Obligation, Including Current Maturities 2.86B as of 2026-01-25
Goodwill 4.89B as of 2026-01-25
Indefinite-lived Intangible Assets (Excluding Goodwill) 1.51B as of 2026-01-25
Finite-Lived Intangible Assets, Gross 166.74M as of 2026-01-25
Finite-Lived Intangible Assets, Accumulated Amortization 85.24M as of 2026-01-25
Finite-Lived Intangible Assets, Net 81.50M as of 2026-01-25
Intangible Assets, Net (Excluding Goodwill) 1.59B as of 2026-01-25
Derivative Liability 0 as of 2026-01-25
Other Assets, Noncurrent 423.75M as of 2026-01-25
Unrecognized Tax Benefits, Income Tax Penalties and Interest Accrued 2.90M as of 2026-01-25
Assets Held-in-trust, Noncurrent 222.36M as of 2026-01-25
Assets for Plan Benefits, Defined Benefit Plan 209.26M as of 2026-01-25
Restructuring Reserve 961.00K as of 2026-01-25
Assets 13.32B as of 2026-01-25
Accounts Payable, Current 670.94M as of 2026-01-25
Taxes Payable, Current 4.98M as of 2026-01-25
Interest and Dividends Payable, Current 175.87M as of 2026-01-25
Accrued Liabilities, Current 60.35M as of 2026-01-25
Finance Lease, Liability 22.38M as of 2026-01-25
Long-term Debt, Current Maturities 6.49M as of 2026-01-25
Derivative Liability, Current 4.36M as of 2026-01-25
Liabilities, Current 1.27B as of 2026-01-25
Other Long-term Debt, Noncurrent 2.81M as of 2026-01-25
Long-term Debt, Excluding Current Maturities 2.85B as of 2026-01-25
Long-term Debt and Lease Obligation 2.85B as of 2026-01-25
Liability, Defined Benefit Plan, Noncurrent 356.11M as of 2026-01-25
Deferred Income Tax Liabilities, Net 663.85M as of 2026-01-25
Other Liabilities, Noncurrent 219.34M as of 2026-01-25
Preferred Stock, Value, Issued 0 as of 2026-01-25
Additional Paid in Capital 625.98M as of 2026-01-25
Accumulated Other Comprehensive Income (Loss), Net of Tax -233.02M as of 2026-01-25
Retained Earnings (Accumulated Deficit) 7.54B as of 2026-01-25
Stockholders' Equity Attributable to Parent 7.94B as of 2026-01-25
Stockholders' Equity Attributable to Noncontrolling Interest 14.71M as of 2026-01-25
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 7.95B as of 2026-01-25
Liabilities and Equity 13.32B as of 2026-01-25
Unit shares · 2 concepts
Label Value Period
Preferred Stock, Shares Authorized 160.00M as of 2026-01-25
Preferred Stock, Shares Issued 0 as of 2026-01-25
Unit US$ / share · 1 concept
Label Value Period
Preferred Stock, Par or Stated Value Per Share $0.01 as of 2026-01-25

Cash Flow Statement

26 concepts 1 unit
Unit US$ · 26 concepts
Label Value Period
Depreciation, Depletion and Amortization 67.09M 2025-10-27 → 2026-01-25
Share-based Payment Arrangement, Noncash Expense 6.92M 2025-10-27 → 2026-01-25
Payments for Restructuring 8.11M 2025-10-27 → 2026-01-25
Unrealized Gain (Loss) on Investments 3.24M 2025-10-27 → 2026-01-25
Proceeds from Equity Method Investment, Distribution 13.05M 2025-10-27 → 2026-01-25
Deferred Income Tax Expense (Benefit) 139.00K 2025-10-27 → 2026-01-25
Other Noncash Income (Expense) -1.47M 2025-10-27 → 2026-01-25
Increase (Decrease) in Accounts Receivable -90.90M 2025-10-27 → 2026-01-25
Capital Expenditures Incurred but Not yet Paid 26.21M 2025-10-27 → 2026-01-25
Increase (Decrease) in Inventories -91.29M 2025-10-27 → 2026-01-25
Increase (Decrease) in Prepaid Expense and Other Assets -833.00K 2025-10-27 → 2026-01-25
Increase (Decrease) in Obligation, Pension and Other Postretirement Benefits 1.73M 2025-10-27 → 2026-01-25
Increase (Decrease) in Accounts Payable and Accrued Liabilities -97.03M 2025-10-27 → 2026-01-25
Increase (Decrease) in Income Taxes Payable, Net of Income Taxes Receivable 22.79M 2025-10-27 → 2026-01-25
Net Cash Provided by (Used in) Operating Activities 349.21M 2025-10-27 → 2026-01-25
Payments to Acquire Property, Plant, and Equipment 68.99M 2025-10-27 → 2026-01-25
Proceeds from Sale of Productive Assets 5.00K 2025-10-27 → 2026-01-25
Payments to Acquire Marketable Securities 323.00K 2025-10-27 → 2026-01-25
Proceeds from Divestiture of Businesses 78.85M 2025-10-27 → 2026-01-25
Proceeds from Life Insurance Policy 0 2025-10-27 → 2026-01-25
Net Cash Provided by (Used in) Investing Activities 7.95M 2025-10-27 → 2026-01-25
Payments of Ordinary Dividends, Common Stock 159.50M 2025-10-27 → 2026-01-25
Net Cash Provided by (Used in) Financing Activities -162.43M 2025-10-27 → 2026-01-25
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 2.50M 2025-10-27 → 2026-01-25
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 197.23M 2025-10-27 → 2026-01-25
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 867.91M as of 2026-01-25

Notes

26 concepts 3 units
Unit US$ · 24 concepts
Label Value Period
Accrued Marketing Costs, Current 129.82M as of 2026-01-25
Prepaid Expense and Other Assets, Current 84.70M as of 2026-01-25
Property, Plant, and Equipment and Finance Lease Right-of-Use Asset, Accumulated Depreciation and Amortization 2.71B as of 2026-01-25
Property, Plant, and Equipment and Finance Lease Right-of-Use Asset, after Accumulated Depreciation and Amortization 2.24B as of 2026-01-25
Other Employee-related Liabilities, Current 224.47M as of 2026-01-25
Deferred Compensation Cash-based Arrangements, Liability, Classified, Noncurrent 63.04M as of 2026-01-25
Long-term Debt, Fair Value 2.50B as of 2026-01-25
Inventory, Finished Goods, Net of Reserves 952.51M as of 2026-01-25
Inventory, Supplies, Net of Reserves 141.22M as of 2026-01-25
Inventory, Work in Process and Raw Materials, Net of Reserves 413.01M as of 2026-01-25
Inventory, Parts and Components, Net of Reserves 140.53M as of 2026-01-25
Dividends, Common Stock 160.91M 2025-10-27 → 2026-01-25
Derivative Liability, Fair Value, Gross Asset 4.34M as of 2026-01-25
Goodwill, Written off Related to Sale of Business Unit 34.90M 2025-10-27 → 2026-01-25
Goodwill, Foreign Currency Translation Gain (Loss) -655.00K 2025-10-27 → 2026-01-25
Operating Lease, Cost 10.82M 2025-10-27 → 2026-01-25
Derivative, Collateral, Obligation to Return Cash 4.40M as of 2026-01-25
Derivative Asset, Collateral, Obligation to Return Cash, Offset 2.50M as of 2026-01-25
Assets, Fair Value Disclosure 275.15M as of 2026-01-25
Financial and Nonfinancial Liabilities, Fair Value Disclosure 67.40M as of 2026-01-25
Gain (Loss) on Fair Value Hedges Recognized in Earnings 2.12M 2025-10-27 → 2026-01-25
Debt Issuance Costs, Net 12.06M as of 2026-01-25
Unrecognized Tax Benefits that Would Impact Effective Tax Rate 16.80M as of 2026-01-25
Income Taxes Receivable, Current 58.81M as of 2026-01-25
Unit pure · 1 concept
Label Value Period
Effective Income Tax Rate Reconciliation, Percent 0.224 2025-10-27 → 2026-01-25
Unit segment · 1 concept
Label Value Period
Number of Reportable Segments 3 2025-10-27 → 2026-01-25

Other

1 concepts 1 unit
Unit US$ · 1 concept
Label Value Period
Shares Issued, Value, Share-based Payment Arrangement, after Forfeiture -1.11M 2025-10-27 → 2026-01-25

Methodology

All facts on this page come straight from SEC EDGAR XBRL company-facts filings (HRL CIK 0000048465), grouped by financial statement using FASB's base us-gaap presentation taxonomy. Filers may re-parent concepts onto different statements in their own extension taxonomy, so a handful of rows can show up under a different statement than on the actual 10-K / 10-Q; custom concepts and any we couldn't map fall into Other. Hover a cell to see the fully-qualified concept name and the filer's description.

For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.