Hormel Foods Corporation (HRL)
NYSE: HRL · Real-Time Price · USD
21.54
-0.14 (-0.65%)
At close: Sep 4, 2026, 4:00 PM EDT
21.65
+0.11 (0.51%)
After-hours: Sep 4, 2026, 7:57 PM EDT
Hormel Foods Income Statement
Financials in millions USD. Fiscal year is November - October.
Millions USD. Fiscal year is Nov - Oct.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jul '26 Jul 26, 2026 | Oct '25 Oct 26, 2025 | Oct '24 Oct 27, 2024 | Oct '23 Oct 29, 2023 | Oct '22 Oct 30, 2022 | Oct '21 Oct 31, 2021 |
| 12,147 | 12,106 | 11,921 | 12,110 | 12,459 | 11,386 | |
Revenue Growth | 0.73% | 1.55% | -1.56% | -2.80% | 9.42% | 18.50% |
Cost of Revenue | 10,235 | 10,205 | 9,893 | 10,110 | 10,294 | 9,445 |
Gross Profit | 1,912 | 1,901 | 2,028 | 2,000 | 2,165 | 1,941 |
Selling, General & Admin | 883.66 | 905.34 | 896.91 | 908.47 | 844.57 | 789.17 |
Research & Development | 35.2 | 35.2 | 36.1 | 33.7 | 34.7 | 33.6 |
Operating Expenses | 918.86 | 940.54 | 933.01 | 942.17 | 879.27 | 822.77 |
Operating Income | 993.21 | 960.66 | 1,095 | 1,058 | 1,285 | 1,118 |
Interest Expense | -78.79 | -78.04 | -80.89 | -73.4 | -62.52 | -43.31 |
Interest & Investment Income | 25.3 | 24.23 | 40.17 | 23.5 | 28.01 | 46.88 |
Earnings From Equity Investments | -152.51 | -105.84 | 51.09 | 42.75 | 27.19 | 47.76 |
Other Non Operating Income (Expenses) | 14.2 | 11.35 | 8.22 | -8.67 | - | - |
EBT Excluding Unusual Items | 801.41 | 812.36 | 1,113 | 1,042 | 1,278 | 1,169 |
Merger & Restructuring Charges | -79.57 | -77.6 | -53.01 | - | - | -43.2 |
Gain (Loss) on Sale of Assets | -94.91 | -11.32 | 3.92 | - | - | - |
Asset Writedown | -70.75 | -70.75 | - | -28.38 | - | - |
Legal Settlements | -26.5 | 10.76 | -28.75 | - | - | - |
Pretax Income | 521.9 | 663.45 | 1,035 | 1,013 | 1,278 | 1,126 |
Income Tax Expense | 179.44 | 185.68 | 230.8 | 220.55 | 277.88 | 217.03 |
Earnings From Continuing Operations | 342.46 | 477.76 | 804.63 | 792.92 | 1,000 | 909.14 |
Minority Interest in Earnings | 0.25 | 0.43 | 0.41 | 0.65 | -0.24 | -0.3 |
Net Income | 342.71 | 478.2 | 805.04 | 793.57 | 999.99 | 908.84 |
Net Income to Common | 342.71 | 478.2 | 805.04 | 793.57 | 999.99 | 908.84 |
Net Income Growth | -54.58% | -40.60% | 1.44% | -20.64% | 10.03% | 0.08% |
Shares Outstanding (Basic) | 551 | 550 | 548 | 546 | 545 | 541 |
Shares Outstanding (Diluted) | 551 | 550 | 549 | 549 | 550 | 548 |
Shares Change | 0.13% | 0.30% | -0.03% | -0.11% | 0.36% | 0.18% |
EPS (Basic) | 0.62 | 0.87 | 1.47 | 1.45 | 1.84 | 1.68 |
EPS (Diluted) | 0.62 | 0.87 | 1.47 | 1.45 | 1.82 | 1.66 |
EPS Growth | -54.72% | -40.82% | 1.29% | -20.33% | 9.64% | 0% |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jul '26 Jul 26, 2026 | Oct '25 Oct 26, 2025 | Oct '24 Oct 27, 2024 | Oct '23 Oct 29, 2023 | Oct '22 Oct 30, 2022 | Oct '21 Oct 31, 2021 |
Free Cash Flow | 780.87 | 534.35 | 1,010 | 777.64 | 856.06 | 769.52 |
Free Cash Flow Per Share | 1.42 | 0.97 | 1.84 | 1.42 | 1.56 | 1.41 |
Dividend Per Share | 1.167 | 1.160 | 1.130 | 1.100 | 1.040 | 0.980 |
Dividend Growth | 1.30% | 2.66% | 2.73% | 5.77% | 6.12% | 5.38% |
Gross Margin | 15.74% | 15.70% | 17.01% | 16.51% | 17.38% | 17.04% |
Operating Margin | 8.18% | 7.94% | 9.18% | 8.73% | 10.32% | 9.82% |
Profit Margin | 2.82% | 3.95% | 6.75% | 6.55% | 8.03% | 7.98% |
Free Cash Flow Margin | 6.43% | 4.41% | 8.48% | 6.42% | 6.87% | 6.76% |
EBITDA | 1,265 | 1,225 | 1,352 | 1,311 | 1,521 | 1,327 |
EBITDA Margin | 10.41% | 10.12% | 11.34% | 10.83% | 12.21% | 11.66% |
D&A For EBITDA | 271.72 | 263.9 | 257.76 | 253.31 | 235.89 | 209.31 |
EBIT | 993.21 | 960.66 | 1,095 | 1,058 | 1,285 | 1,118 |
EBIT Margin | 8.18% | 7.94% | 9.18% | 8.73% | 10.32% | 9.82% |
Effective Tax Rate | 34.38% | 27.99% | 22.29% | 21.76% | 21.74% | 19.27% |
Advertising Expenses | - | 147.9 | 163.3 | 160.1 | 157.3 | 138.5 |