Hormel Foods Corporation (HRL)
NYSE: HRL · Real-Time Price · USD
20.90
+0.24 (1.16%)
At close: Apr 16, 2026, 4:00 PM EDT
21.02
+0.12 (0.57%)
After-hours: Apr 16, 2026, 6:19 PM EDT
Hormel Foods Income Statement
Financials in millions USD. Fiscal year is November - October.
Millions USD. Fiscal year is Nov - Oct.
Fiscal Quarter | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jan '26 Jan 25, 2026 | Oct '25 Oct 26, 2025 | Jul '25 Jul 27, 2025 | Apr '25 Apr 27, 2025 | Jan '25 Jan 26, 2025 | Oct '24 Oct 27, 2024 | Jul '24 Jul 28, 2024 | Apr '24 Apr 28, 2024 | Jan '24 Jan 28, 2024 | Oct '23 Oct 29, 2023 | Jul '23 Jul 30, 2023 | Apr '23 Apr 30, 2023 | Jan '23 Jan 29, 2023 | Oct '22 Oct 30, 2022 | Jul '22 Jul 31, 2022 | May '22 May 1, 2022 | Jan '22 Jan 30, 2022 | Oct '21 Oct 31, 2021 | Jul '21 Jul 25, 2021 | Apr '21 Apr 25, 2021 |
| 3,027 | 3,186 | 3,033 | 2,899 | 2,989 | 3,138 | 2,898 | 2,887 | 2,997 | 3,198 | 2,963 | 2,978 | 2,971 | 3,283 | 3,034 | 3,097 | 3,044 | 3,455 | 2,864 | 2,607 | |
Revenue Growth (YoY) | 1.29% | 1.52% | 4.64% | 0.40% | -0.27% | -1.88% | -2.19% | -3.03% | 0.87% | -2.60% | -2.34% | -3.84% | -2.41% | -4.96% | 5.96% | 18.80% | 23.70% | 42.75% | 20.25% | 7.60% |
Cost of Revenue | 2,558 | 2,741 | 2,546 | 2,414 | 2,514 | 2,617 | 2,410 | 2,384 | 2,488 | 2,684 | 2,465 | 2,486 | 2,475 | 2,717 | 2,528 | 2,543 | 2,506 | 2,877 | 2,440 | 2,130 |
Gross Profit | 469.58 | 444.84 | 487.31 | 484.43 | 475.23 | 521.23 | 488.37 | 503.81 | 508.73 | 514.42 | 498.05 | 491.42 | 495.95 | 566.42 | 506.05 | 553.47 | 538.75 | 578.08 | 423.35 | 476.31 |
Selling, General & Admin | 241.7 | 223.47 | 258.71 | 251.43 | 263.01 | 238.59 | 259.65 | 266.67 | 240.39 | 216.55 | 291.07 | 212.49 | 222.06 | 206.49 | 222.15 | 224.66 | 225.97 | 230.44 | 226.28 | 199.97 |
Other Operating Expenses | - | 70.75 | - | - | - | - | - | - | - | 28.38 | - | - | - | - | - | - | - | - | - | - |
Total Operating Expenses | 241.7 | 294.22 | 258.71 | 251.43 | 263.01 | 238.59 | 259.65 | 266.67 | 240.39 | 244.93 | 291.07 | 212.49 | 222.06 | 206.49 | 222.15 | 224.66 | 225.97 | 230.44 | 226.28 | 199.97 |
Operating Income | 243.7 | 2.17 | 239.75 | 248.35 | 228.33 | 294.48 | 236.69 | 252.32 | 284.44 | 270.04 | 216.76 | 295.8 | 289.45 | 367.16 | 291.04 | 334.73 | 319.68 | 357.68 | 207.48 | 289.42 |
Interest Income | 22.35 | -142.82 | 27.38 | 17 | 23.65 | 18.35 | 18.46 | 28.68 | 35.53 | -5.33 | 19.02 | 18.24 | 25.66 | 23.1 | 21.55 | 7.72 | 10.77 | 20.18 | 18.88 | 31.85 |
Interest Expense | -19.73 | -19.6 | -19.46 | -19.52 | -19.46 | -19.43 | -21.46 | -21.68 | -18.33 | -18.36 | -18.37 | -18.32 | -18.35 | -17.6 | -15.62 | -14.66 | -14.64 | -15.59 | -11.7 | - |
Other Non-Operating Income (Expense) | -3.82 | 9.83 | - | - | -1.66 | 1.53 | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Total Non-Operating Income (Expense) | -1.2 | -152.59 | 7.92 | -2.51 | 2.53 | 0.45 | -3 | 7 | 17.2 | -23.69 | 0.65 | -0.09 | 7.31 | 5.5 | 5.93 | -6.94 | -3.87 | 4.59 | 7.17 | 31.85 |
Pretax Income | 234.31 | -21.63 | 236.51 | 230.49 | 218.07 | 280.03 | 225.72 | 244.14 | 285.55 | 245.81 | 207.63 | 278.84 | 281.2 | 357.5 | 289.84 | 321.87 | 308.9 | 352.23 | 204.24 | 292.62 |
Provision for Income Taxes | 52.54 | 34.58 | 52.82 | 50.75 | 47.54 | 60.07 | 48.98 | 54.93 | 66.82 | 50.32 | 45.06 | 61.62 | 63.55 | 77.48 | 71.01 | 60.19 | 69.19 | 70.48 | 27.16 | 64.7 |
Net Income | 181.8 | -56.14 | 183.74 | 180.02 | 170.58 | 220.2 | 176.7 | 189.28 | 218.86 | 195.94 | 162.68 | 217.24 | 217.72 | 279.88 | 218.92 | 261.62 | 239.57 | 281.74 | 176.92 | 227.9 |
Minority Interest in Earnings | -0.03 | -0.07 | -0.05 | -0.28 | -0.05 | -0.24 | 0.03 | -0.07 | -0.13 | -0.45 | -0.11 | -0.02 | -0.07 | 0.13 | -0.09 | 0.06 | 0.14 | 0.01 | 0.16 | 0.02 |
Net Income to Common | 181.8 | -56.14 | 183.74 | 180.02 | 170.58 | 220.2 | 176.7 | 189.28 | 218.86 | 195.94 | 162.68 | 217.24 | 217.72 | 279.88 | 218.92 | 261.62 | 239.57 | 281.74 | 176.92 | 227.9 |
Net Income Growth | 6.58% | - | 3.98% | -4.89% | -22.06% | 12.38% | 8.62% | -12.87% | 0.53% | -29.99% | -25.69% | -16.96% | -9.12% | -0.66% | 23.74% | 14.79% | 7.78% | 20.22% | -12.90% | 0.07% |
Shares Outstanding (Basic) | 550 | 551 | 550 | 550 | 549 | 549 | 549 | 548 | 547 | 547 | 546 | 546 | 546 | 546 | 546 | 545 | 543 | 542 | 542 | 540 |
Shares Outstanding (Diluted) | 551 | 551 | 551 | 551 | 550 | 549 | 549 | 549 | 548 | 548 | 549 | 549 | 550 | 550 | 550 | 545 | 548 | 547 | 548 | 548 |
Shares Change (YoY) | 0.15% | 0.24% | 0.27% | 0.35% | 0.35% | 0.22% | 0.11% | -0.06% | -0.38% | -0.34% | -0.28% | 0.73% | 0.38% | 0.52% | 0.38% | -0.46% | 0.09% | -0.14% | 0.17% | 0.21% |
EPS (Basic) | 0.33 | -0.10 | 0.33 | 0.33 | 0.31 | 0.40 | 0.32 | 0.35 | 0.40 | 0.36 | 0.30 | 0.40 | 0.40 | 0.51 | 0.40 | 0.48 | 0.44 | 0.52 | 0.33 | 0.42 |
EPS (Diluted) | 0.33 | -0.10 | 0.33 | 0.33 | 0.31 | 0.40 | 0.32 | 0.34 | 0.40 | 0.36 | 0.30 | 0.40 | 0.40 | 0.51 | 0.40 | 0.48 | 0.44 | 0.51 | 0.32 | 0.42 |
EPS Growth | 6.45% | - | 3.13% | -2.94% | -22.50% | 11.11% | 6.67% | -15.00% | - | -29.41% | -25.00% | -16.67% | -9.09% | - | 25.00% | 14.29% | 7.32% | 18.61% | -13.51% | - |
Shares Outstanding | 550.48 | 550.16 | 550 | 549.91 | 549.79 | 548.61 | 548.31 | 548.03 | 546.6 | 546.6 | 546.27 | 546.26 | 546.47 | 546.24 | 546.06 | 546.05 | 543.01 | 542.56 | 542.08 | 540.41 |
Free Cash Flow | 280.22 | 231.45 | 84.51 | -18.64 | 237.04 | 324.84 | 152.51 | 176.18 | 356.77 | 217.41 | 239.05 | 154.6 | 166.58 | 282.09 | 125.08 | 114.89 | 334.01 | 378.34 | 22.71 | 110.39 |
Free Cash Flow Growth | 18.22% | -28.75% | -44.59% | - | -33.56% | 49.41% | -36.20% | 13.96% | 114.18% | -22.93% | 91.13% | 34.56% | -50.13% | -25.44% | 450.75% | 4.07% | 102.03% | - | -90.60% | -60.51% |
Free Cash Flow Per Share | 0.51 | 0.42 | 0.15 | -0.03 | 0.43 | 0.59 | 0.28 | 0.32 | 0.65 | 0.40 | 0.44 | 0.28 | 0.30 | 0.51 | 0.23 | 0.21 | 0.61 | 0.69 | 0.04 | 0.20 |
Dividends Per Share | 0.292 | 0.290 | 0.290 | 0.290 | 0.290 | 0.282 | 0.282 | 0.282 | 0.282 | 0.275 | 0.275 | 0.275 | 0.275 | 0.260 | 0.260 | 0.260 | 0.260 | 0.245 | 0.245 | 0.245 |
Dividend Growth | 0.86% | 2.66% | 2.66% | 2.66% | 2.66% | 2.73% | 2.73% | 2.73% | 2.73% | 5.77% | 5.77% | 5.77% | 5.77% | 6.12% | 6.12% | 6.12% | 6.12% | 5.38% | 5.38% | 5.38% |
Gross Margin | 15.51% | 13.96% | 16.07% | 16.71% | 15.90% | 16.61% | 16.85% | 17.45% | 16.98% | 16.09% | 16.81% | 16.50% | 16.69% | 17.25% | 16.68% | 17.87% | 17.70% | 16.73% | 14.78% | 18.27% |
Operating Margin | 8.05% | 0.07% | 7.90% | 8.57% | 7.64% | 9.38% | 8.17% | 8.74% | 9.49% | 8.44% | 7.31% | 9.93% | 9.74% | 11.18% | 9.59% | 10.81% | 10.50% | 10.35% | 7.25% | 11.10% |
Profit Margin | 6.00% | -1.76% | 6.06% | 6.20% | 5.71% | 7.01% | 6.10% | 6.55% | 7.30% | 6.11% | 5.49% | 7.29% | 7.33% | 8.53% | 7.21% | 8.45% | 7.87% | 8.16% | 6.18% | 8.74% |
FCF Margin | 9.26% | 7.27% | 2.79% | -0.64% | 7.93% | 10.35% | 5.26% | 6.10% | 11.90% | 6.80% | 8.07% | 5.19% | 5.61% | 8.59% | 4.12% | 3.71% | 10.97% | 10.95% | 0.79% | 4.24% |
EBITDA | 310.79 | 71.55 | 304.44 | 312.32 | 294.2 | 360.88 | 300.35 | 315.95 | 348.51 | 336.02 | 280.84 | 357.54 | 350.96 | 429.57 | 356.17 | 396.88 | 383.96 | 423.6 | 266.67 | 341.07 |
EBITDA Margin | 10.27% | 2.25% | 10.04% | 10.77% | 9.84% | 11.50% | 10.36% | 10.94% | 11.63% | 10.51% | 9.48% | 12.01% | 11.81% | 13.08% | 11.74% | 12.82% | 12.61% | 12.26% | 9.31% | 13.08% |
EBIT | 243.7 | 2.17 | 239.75 | 248.35 | 228.33 | 294.48 | 236.69 | 252.32 | 284.44 | 270.04 | 216.76 | 295.8 | 289.45 | 367.16 | 291.04 | 334.73 | 319.68 | 357.68 | 207.48 | 289.42 |
EBIT Margin | 8.05% | 0.07% | 7.90% | 8.57% | 7.64% | 9.38% | 8.17% | 8.74% | 9.49% | 8.44% | 7.31% | 9.93% | 9.74% | 11.18% | 9.59% | 10.81% | 10.50% | 10.35% | 7.25% | 11.10% |
Effective Tax Rate | 22.42% | -159.88% | 22.33% | 22.02% | 21.80% | 21.45% | 21.70% | 22.50% | 23.40% | 20.47% | 21.70% | 22.10% | 22.60% | 21.67% | 24.50% | 18.70% | 22.40% | 20.01% | 13.30% | 22.11% |
Updated Feb 26, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.