Hormel Foods Corporation (HRL)
NYSE: HRL · Real-Time Price · USD
24.40
-0.06 (-0.25%)
Jul 14, 2026, 11:18 AM EDT - Market open
Hormel Foods Income Statement
Financials in millions USD. Fiscal year is November - October.
Millions USD. Fiscal year is Nov - Oct.
Fiscal Quarter | Q2 2026 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Apr '26 Apr 26, 2026 | 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 |
| 2,973 | 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 | |
Revenue Growth (YoY) | 2.55% | 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% |
Cost of Revenue | 2,454 | 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 |
Gross Profit | 518.51 | 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 |
Selling, General & Admin | 318.62 | 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 |
Other Operating Expenses | -17.23 | -15.82 | 148.45 | -11.15 | -15.35 | -16.11 | -11.84 | -7.98 | -15.18 | -16.09 | -0.54 | -9.78 | -16.87 | -15.56 | -7.23 | -7.14 | -5.92 | -6.9 | -10.04 | -10.42 |
Total Operating Expenses | 301.4 | 225.88 | 371.92 | 247.56 | 236.08 | 246.9 | 226.75 | 251.68 | 251.49 | 224.3 | 216.01 | 281.29 | 195.62 | 206.5 | 199.25 | 215.01 | 218.74 | 219.07 | 220.4 | 215.86 |
Operating Income | 217.11 | 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 |
Interest Income | 6.48 | 6.53 | - | 16.23 | 6.18 | 7.54 | - | 10.48 | 13.5 | 19.43 | - | 9.24 | 1.37 | 10.1 | 7.93 | 14.41 | 1.8 | 3.87 | 10.14 | 8.46 |
Interest Expense | -19.82 | -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) | 2.29 | 3.82 | - | - | -4.52 | 1.66 | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Total Non-Operating Income (Expense) | -11.05 | -9.39 | -19.6 | -3.23 | -17.86 | -10.26 | -19.43 | -10.98 | -8.18 | 1.11 | -18.36 | -9.13 | -16.96 | -8.25 | -9.67 | -1.2 | -12.86 | -10.77 | -5.45 | -3.25 |
Pretax Income | 206.06 | 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 |
Provision for Income Taxes | 48.69 | 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 |
Net Income | 157.38 | 181.77 | -56.2 | 183.7 | 179.74 | 170.53 | 219.96 | 176.74 | 189.21 | 218.73 | 195.48 | 162.57 | 217.22 | 217.65 | 280.01 | 218.83 | 261.68 | 239.71 | 281.75 | 177.07 |
Minority Interest in Earnings | -0.1 | -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 |
Net Income to Common | 157.47 | 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 |
Net Income Growth | -12.52% | 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% |
Shares Outstanding (Basic) | 551 | 550 | 551 | 550 | 550 | 549 | 549 | 549 | 548 | 547 | 547 | 546 | 546 | 546 | 546 | 546 | 545 | 543 | 542 | 542 |
Shares Outstanding (Diluted) | 551 | 551 | 551 | 551 | 551 | 550 | 549 | 549 | 549 | 548 | 548 | 549 | 549 | 550 | 550 | 550 | 545 | 548 | 547 | 548 |
Shares Change (YoY) | 0.06% | 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% |
EPS (Basic) | 0.29 | 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 |
EPS (Diluted) | 0.29 | 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 |
EPS Growth | -12.12% | 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% |
Free Cash Flow | 96.77 | 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 | 471.09 | 22.71 |
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% | -40.12% | 450.75% | 4.07% | 102.03% | 331.14% | -90.60% |
Free Cash Flow Per Share | 0.18 | 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 | 0.86 | 0.04 |
Dividends Per Share | 0.292 | 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 |
Dividend Growth | 0.86% | 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% |
Gross Margin | 17.44% | 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% |
Operating Margin | 7.30% | 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% |
Profit Margin | 5.29% | 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% |
FCF Margin | 3.26% | 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% | 13.64% | 0.79% |
EBITDA | 285.94 | 310.79 | 2.17 | 304.44 | 312.32 | 294.2 | 294.48 | 300.35 | 315.95 | 348.51 | 270.04 | 280.84 | 357.54 | 350.96 | 367.16 | 356.17 | 396.88 | 383.96 | 357.68 | 266.67 |
EBITDA Margin | 9.62% | 10.27% | 0.07% | 10.04% | 10.77% | 9.84% | 9.38% | 10.36% | 10.94% | 11.63% | 8.44% | 9.48% | 12.01% | 11.81% | 11.18% | 11.74% | 12.82% | 12.61% | 10.35% | 9.31% |
EBIT | 217.11 | 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 |
EBIT Margin | 7.30% | 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% |
Effective Tax Rate | 23.63% | 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% |