HORMEL FOODS CORPORATION financials

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HRL CIK 0000048465

Source: EDGAR filings · Built 2026-06-02T03:14:41Z

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 526.58M 1.00B 769.23M 847.57M 760.92M 752.33M
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 2.47× 2.32× 1.43× 2.47× 2.08× 2.38×
Debt-to-Equity 0.38× 0.38× 0.45× 0.45× 0.49× 0.21×
Effective Tax Rate 27.99% 22.29% 21.76% 21.74% 19.27% 18.51%
Cash Conversion Ratio 1.77× 1.57× 1.32× 1.14× 1.10× 1.24×
Accruals Ratio -0.03× -0.03× -0.02× -0.01× -0.01× -0.02×
SBC % of Revenue 0.21% 0.19% 0.20% 0.20% 0.22% 0.23%
CapEx Coverage 2.65× 4.78× 3.76× 3.95× 4.16× 3.00×
Free Cash Flow Per Share $0.96 $1.83 $1.40 $1.54 $1.39 $1.38

Valuation Metrics

Concept FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
P/E Trailing (Diluted) 27.39× 21.13× 21.65× 25.80× 25.49× 29.89×
P/FCF 24.91× 17.02× 22.40× 30.45× 30.45× 36.04×
FCF Yield 4.01% 5.88% 4.46% 3.28% 3.28% 2.77%
EV / EBITDA 15.75× 14.59× 15.07× 18.21× 19.49× 20.49×
P/S 1.08× 1.43× 1.42× 2.07× 2.04× 2.82×
P/B 1.66× 2.13× 2.23× 3.42× 3.32× 4.22×

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

Diff any two filings with deltas and added / removed tags.

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.

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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.

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