Hormel Foods Corporation (HRL)

Hormel Foods Income Statement

Financials in millions USD. Fiscal year is November - October.

Fiscal Quarter	Q3 2026	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
Period Ending	Jul 26, 2026	Apr 26, 2026	Jan 25, 2026	Oct 26, 2025	Jul 27, 2025	Apr 27, 2025	Jan 26, 2025	Oct 27, 2024	Jul 28, 2024	Apr 28, 2024	Jan 28, 2024	Oct 29, 2023	Jul 30, 2023	Apr 30, 2023	Jan 29, 2023	Oct 30, 2022	Jul 31, 2022	May 1, 2022	Jan 30, 2022	Oct 31, 2021
Revenue	2,961	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
Revenue Growth (YoY)	-2.36%	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%
Cost of Revenue	2,489	2,453	2,557	2,735	2,545	2,412	2,513	2,616	2,409	2,382	2,487	2,683	2,465	2,486	2,475	2,717	2,528	2,543	2,506	2,877
Gross Profit	471.96	519.9	469.96	450.25	488.32	487.21	475.42	522.14	489.59	505.63	510.33	515.37	498.05	491.42	495.95	566.42	506.05	553.47	538.75	578.08
Selling, General & Admin	216.86	243.42	246.19	184.97	245.23	237.66	237.48	189.97	230.37	244.9	231.67	174.45	291.07	212.49	222.06	171.79	222.15	224.66	225.97	196.84
Research & Development	-	-	-	35.2	-	-	-	36.1	-	-	-	33.7	-	-	-	34.7	-	-	-	33.6
Operating Expenses	216.86	243.42	246.19	220.17	245.23	237.66	237.48	226.07	230.37	244.9	231.67	208.15	291.07	212.49	222.06	206.49	222.15	224.66	225.97	230.44
Operating Income	255.11	276.48	223.77	230.07	243.09	249.55	237.94	296.07	259.22	260.73	278.66	307.22	206.98	278.93	273.89	359.93	283.9	328.81	312.78	347.64
Interest Expense	-19.64	-19.82	-19.73	-22.46	-19.46	-19.52	-19.46	-22.67	-21.46	-21.68	-18.33	-24.23	-18.37	-18.32	-18.35	-17.6	-15.62	-14.66	-14.64	-15.59
Interest & Investment Income	6.66	6.48	6.53	-	4.88	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
Earnings From Equity Investments	-37.11	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
Other Non Operating Income (Expenses)	5.23	2.29	3.81	11.36	11.35	-4.52	1.66	8.22	0	0	0	-0	-	-	-	-	-0	-0	0	-0
EBT Excluding Unusual Items	210.25	282.66	230.2	70.52	251.01	247.04	243.79	293.46	256.23	267.73	295.86	283.53	207.63	278.84	281.2	357.5	289.84	321.87	308.9	352.23
Merger & Restructuring Charges	-12.21	-15.56	-19.4	-32.4	-14.5	-16.55	-14.15	-17.35	-13.51	-11.84	-10.31	-9.34	-	-	-	-	-	-	-	-
Gain (Loss) on Sale of Assets	-57.38	-61.04	23.51	-	-	-	-11.32	3.92	-	-	-	-	-	-	-	-	-	-	-	-
Asset Writedown	-	-	-	-70.75	-	-	-	-	-	-	-	-28.38	-	-	-	-	-	-	-	-
Legal Settlements	-37.5	-	-	11	-	-	-0.24	-	-17	-11.75	-	-	-	-	-	-	-	-	-	-
Pretax Income	103.16	206.06	234.31	-21.63	236.51	230.49	218.07	280.03	225.72	244.14	285.55	245.8	207.63	278.84	281.2	357.5	289.84	321.87	308.9	352.23
Income Tax Expense	43.64	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
Earnings From Continuing Operations	59.52	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
Minority Interest in Earnings	0.06	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
Net Income	59.57	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
Net Income to Common	59.57	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
Net Income Growth (YoY)	-67.58%	-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%
Shares Outstanding (Basic)	551	551	550	551	550	550	549	549	549	548	547	547	546	546	546	546	546	545	543	542
Shares Outstanding (Diluted)	551	551	551	551	551	551	550	549	549	549	548	548	549	549	550	550	550	550	548	547
Shares Change (YoY)	0.06%	0.06%	0.15%	0.19%	0.27%	0.35%	0.35%	0.22%	0.11%	-0.06%	-0.38%	-0.34%	-0.28%	-0.19%	0.38%	0.52%	0.38%	0.46%	0.09%	-0.14%
EPS (Basic)	0.11	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
EPS (Diluted)	0.11	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
EPS Growth (YoY)	-67.22%	-12.57%	6.45%	-	3.13%	-3.78%	-22.50%	11.56%	7.47%	-14.48%	0.38%	-29.69%	-25.56%	-17.17%	-9.44%	-0.03%	25.00%	14.29%	7.32%	18.63%

Additional Metrics

Fiscal Quarter	Q3 2026	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
Period Ending	Jul 26, 2026	Apr 26, 2026	Jan 25, 2026	Oct 26, 2025	Jul 27, 2025	Apr 27, 2025	Jan 26, 2025	Oct 27, 2024	Jul 28, 2024	Apr 28, 2024	Jan 28, 2024	Oct 29, 2023	Jul 30, 2023	Apr 30, 2023	Jan 29, 2023	Oct 30, 2022	Jul 31, 2022	May 1, 2022	Jan 30, 2022	Oct 31, 2021
Free Cash Flow	172.44	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
Free Cash Flow Per Share	0.31	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
Dividend Per Share	0.292	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
Dividend Growth (YoY)	0.86%	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%
Gross Margin	15.94%	17.49%	15.52%	14.13%	16.10%	16.81%	15.91%	16.64%	16.89%	17.51%	17.03%	16.11%	16.81%	16.50%	16.69%	17.25%	16.68%	17.87%	17.70%	16.73%
Operating Margin	8.62%	9.30%	7.39%	7.22%	8.02%	8.61%	7.96%	9.44%	8.94%	9.03%	9.30%	9.61%	6.98%	9.37%	9.22%	10.96%	9.36%	10.62%	10.27%	10.06%
Profit Margin	2.01%	5.30%	6.00%	-1.76%	6.06%	6.21%	5.71%	7.02%	6.10%	6.55%	7.30%	6.13%	5.49%	7.30%	7.33%	8.52%	7.21%	8.45%	7.87%	8.15%
Free Cash Flow Margin	5.82%	3.26%	9.26%	7.27%	2.79%	-0.64%	7.93%	10.35%	5.26%	6.10%	11.91%	6.80%	8.07%	5.19%	5.61%	8.59%	4.12%	3.71%	10.97%	13.64%
EBITDA	321.53	345.31	290.87	299.45	307.78	313.52	303.81	362.47	322.88	324.36	342.73	373.21	271.06	340.67	335.4	404.25	349.04	390.97	377.06	413.56
EBITDA Margin	10.86%	11.62%	9.61%	9.40%	10.15%	10.81%	10.17%	11.55%	11.14%	11.23%	11.44%	11.67%	9.15%	11.44%	11.29%	12.31%	11.50%	12.63%	12.38%	11.97%
D&A For EBITDA	66.43	68.83	67.1	69.37	64.69	63.96	65.87	66.4	63.66	63.63	64.07	65.99	64.08	61.74	61.5	44.32	65.13	62.16	64.28	65.92
EBIT	255.11	276.48	223.77	230.07	243.09	249.55	237.94	296.07	259.22	260.73	278.66	307.22	206.98	278.93	273.89	359.93	283.9	328.81	312.78	347.64
EBIT Margin	8.62%	9.30%	7.39%	7.22%	8.02%	8.61%	7.96%	9.44%	8.94%	9.03%	9.30%	9.61%	6.98%	9.37%	9.22%	10.96%	9.36%	10.62%	10.27%	10.06%
Effective Tax Rate	42.30%	23.63%	22.42%	-	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%
Advertising Expenses	34	34	41	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

SEC Filings: 10-K · 10-Q

Data Source: S&P Global Market Intelligence Last updated: Aug 27, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Sep 2, 2026

Data Sources Report a data error