HRL · Hormel Foods Corp /De/
$25.31
+0.29 (+1.16%)
At close · Jul 24
View the 10-Q filed May 28, 2026
Customer concentration
— top customer 10% of receivables
One customer — 10% of receivables (April 26, 2026)
“As of April 26, 2026, one customer accounted for more than 10 percent of net accounts receivable.”
Market Cap
$13.93B
Shares
550.31M
Income-statement, balance-sheet and cash-flow figures extracted from the company's SEC filings — 10-K annual and 10-Q quarterly reports — and standardised for comparison across periods.
Revenue
$12.11B
+1.6%
FY2025
Net Income
$478.2M
-40.6%
FY2025
Gross Margin
15.63%
-1.3pp
FY2025
Operating Margin
5.94%
-3pp
FY2025
Diluted EPS
$0.87
-40.8%
FY2025
Operating Cash Flow
$845.25M
-33.3%
FY2025
Chart any reported metric, KPI or segment over time — the full statement history lives here
Search above to add metrics — fundamentals, product and segment revenue, company KPIs, valuation.
| Line Item | FY2026 (G) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $12.2B – $12.5B | $12.22B | $12.11B | $11.92B | $12.11B | $12.46B | $11.39B | $9.61B | $9.5B | $9.55B | $9.17B | $9.52B | $9.26B | $9.32B | $8.75B | $8.23B | $7.9B | $7.22B | |
| — | $10.3B | $10.21B | $9.9B | $10.11B | $10.29B | $9.46B | $7.78B | $7.61B | $7.55B | $7.16B | $7.37B | $7.46B | $7.75B | $7.34B | $6.9B | $6.56B | $5.98B | |
| — | $1.92B | $1.89B | $2.02B | $2B | $2.16B | $1.93B | $1.83B | $1.88B | $2B | $2B | $2.16B | $1.81B | $1.56B | $1.41B | $1.33B | $1.33B | $1.24B | |
| — | — | 15.63% | 16.96% | 16.51% | 17.37% | 16.93% | 19% | 19.84% | 20.9% | 21.85% | 22.66% | 19.52% | 16.8% | 16.14% | 16.18% | 16.9% | 17.16% | |
| — | — | $35.2M | $36.1M | $33.7M | $34.7M | $33.6M | $31.9M | $32.5M | $33.8M | $34.2M | $34.7M | $32M | $29.9M | $29.9M | $29.8M | $29.4M | — | |
| — | $1.04B | $996.62M | $1.01B | $942.17M | $879.27M | $853.07M | $761.32M | $727.58M | $838.21M | $762.1M | $871.97M | $743.61M | $650.95M | $627.34M | $605.87M | $618.59M | $605.29M | |
| — | $13.52M | $14.85M | $16.37M | $18.39M | $19.27M | $17.52M | $14.25M | $11.6M | $12.65M | $8.38M | $8.39M | $8.14M | $9.35M | $9.48M | $8.98M | $9.48M | $10.53M | |
| — | — | $263.9M | $257.76M | $253.31M | $262.75M | $228.41M | $205.78M | $165.21M | $161.86M | $130.98M | $131.97M | $133.43M | $130.04M | $124.85M | $119.49M | $124.17M | — | |
| — | — | $13.29M | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |
| — | $702.73M | $718.6M | $1.07B | $1.07B | $1.31B | $1.12B | $1.1B | $1.2B | $1.2B | $1.28B | $1.32B | $1.07B | $961.71M | — | — | — | — | |
| — | — | 5.94% | 8.96% | 8.85% | 10.54% | 9.86% | 11.45% | 12.6% | 12.56% | 13.97% | 13.9% | 11.52% | 10.32% | — | — | — | — | |
| — | — | $982.5M | $1.33B | $1.33B | $1.58B | $1.35B | $1.31B | $1.36B | $1.36B | $1.41B | $1.46B | $1.2B | $1.09B | — | — | — | — | |
| — | $78.61M | $78.04M | $80.89M | $73.4M | $62.52M | $43.31M | $21.07M | $18.07M | $26.49M | $12.68M | $12.87M | $13.11M | $12.7M | $12.45M | $12.86M | $22.66M | $26.59M | |
| — | $278.11M | $235.52M | -$215.3M | -$214.48M | -$99.3M | $46.88M | $35.6M | $31.52M | $8.86M | $10.86M | $6.19M | $2.93M | $3.24M | $4.97M | $6.52M | -$786K | $4.57M | |
| — | -$104.25M | -$105.84M | $51.09M | $42.75M | $27.19M | $47.76M | $35.57M | $39.2M | $58.97M | $39.59M | $38.69M | $23.89M | $17.59M | $20.51M | $38.69M | $26.76M | $13.13M | |
| — | $655.26M | $663.45M | $1.04B | $1.01B | $1.28B | $1.13B | $1.11B | $1.21B | $1.18B | $1.28B | $1.32B | $1.06B | $922.15M | $798.51M | $758.34M | $718.84M | — | |
| — | $188.62M | $185.68M | $230.8M | $220.55M | $277.88M | $217.03M | $206.39M | $230.57M | $168.7M | $431.54M | $426.7M | $369.88M | $316.13M | $268.43M | $253.37M | $239.64M | $224.78M | |
| — | $466.88M | $478.2M | $805.04M | $793.57M | $999.99M | $908.84M | $908.08M | $978.81M | $1.01B | $846.74M | $890.05M | $686.09M | $602.68M | $526.21M | $500.05M | $479.2M | $395.59M | |
| — | — | 3.95% | 6.75% | 6.55% | 8.03% | 7.98% | 9.45% | 10.31% | 10.6% | 9.24% | 9.35% | 7.41% | 6.47% | 6.01% | 6.08% | 6.07% | 5.48% | |
| — | -$241K | -$433K | -$407K | -$653K | $239K | $301K | $272K | $342K | $442K | $368K | $465K | $1.18M | $3.35M | $3.87M | $4.91M | $5M | $4.19M | |
| — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | $474.2M | — | |
| — | $537.49M | $497.88M | $813.96M | $776.88M | $1.02B | $1.03B | $912.33M | $876.6M | $1.02B | $894.96M | $819.42M | $667.73M | $544.19M | $700.57M | $351.96M | — | — | |
| USD/shares | — | — | $0.87 | $1.47 | $1.45 | $1.84 | $1.68 | $1.69 | $1.83 | $1.91 | $1.60 | $1.68 | $2.60 | $2.28 | $1.99 | $1.90 | $1.78 | $2.97 |
| USD/shares | $1.28 – $1.37 | — | $0.87G | $1.47 | $1.45 | $1.82 | $1.66 | $1.66 | $1.80 | $1.86 | $1.57 | $1.64 | $2.54 | $2.23 | $1.95 | $1.86 | $1.74 | $2.92 |
| shares | — | — | 550.16M | 548.13M | 546.42M | 544.92M | 541.11M | 538.01M | 534.58M | 530.74M | 528.36M | 529.29M | 264.07M | 263.81M | 264.32M | 263.47M | 266.39M | 133.37M |
| shares | — | — | 550.5M | 548.83M | 548.98M | 549.57M | 547.58M | 546.59M | 545.23M | 543.87M | 539.12M | 542.47M | 270.5M | 270.22M | 270.22M | 268.89M | 271.92M | 135.35M |
Italic rows are computed from reported lines — open a row's info icon for its formula. Values reflect the latest filing (restatements included); per-share figures on today's split basis. Click a value for its source filing.
TTM: trailing twelve months through the latest reported quarter — flows sum the last four quarters, balances take the latest. 3Y/5Y/10Y columns are trailing CAGR from the newest fiscal year; blank where an endpoint is missing or negative. (G): the company's own guidance — a (G) column is a guided period not yet reported; a G marker shows how the reported figure landed against the guided range. Non-GAAP-basis guidance (*) is shown as stated and never judged against GAAP actuals.
Capital Returned to Shareholders
Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2010–FY2025: $886.69M in buybacks, $5.9B in dividends.
Price & Valuation
Multiples computed on the strict TTM/EV methodology — today's snapshot against the industry, and each ratio recomputed as of past filing dates.
Valuation
EV/Revenue
1.30×
Packaged Foods median 1.24×
EV/EBIT
22.66×
Packaged Foods median 15.14×
P/E (TTM)
29.78×
Packaged Foods median 15.23×
Valuation over time computed as of each quarter's filing date
Revenue Breakdown
Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.
Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.
By Segment (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Retail Segment | $7,455,218,000 | $7,374,149,000 | $7,749,039,000 | $7,987,598,000 | $7,418,079,000 | — | — | — |
| Foodservice Segment | $3,941,795,000 | $3,845,118,000 | $3,639,492,000 | $3,691,408,000 | $3,130,174,000 | — | — | — |
| International Segment | $709,146,000 | $701,529,000 | $721,479,000 | $779,799,000 | $837,936,000 | — | — | — |
| Grocery Products | — | — | — | — | — | $2,385,291,000 | $2,369,317,000 | $2,480,367,000 |
| Jennie O Turkey Store | — | — | — | — | — | $1,333,459,000 | $1,323,783,000 | $1,331,013,000 |
| Refrigerated Foods | — | — | — | — | — | $5,271,061,000 | $5,210,741,000 | $5,109,881,000 |
| All Other Segments | — | — | — | — | — | $618,650,000 | $593,476,000 | $624,439,000 |
By Geography (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| United States | $11,437,051,000 | $11,283,978,000 | $11,515,094,000 | $11,776,883,000 | $10,653,088,000 | $9,006,007,000 | $8,934,911,000 | $8,957,305,000 |
| Non Us | $669,109,000 | $636,819,000 | $594,915,000 | $681,923,000 | $733,101,000 | $602,454,000 | $562,406,000 | $588,395,000 |
By Product & Service (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Perishable Meat | $8,823,022,000 | $8,548,802,000 | $8,511,795,000 | $8,737,486,000 | $8,437,851,000 | $5,328,738,000 | $5,370,409,000 | $5,336,046,000 |
| Shelf Stable | $3,283,138,000 | $3,371,995,000 | $3,598,215,000 | $3,721,320,000 | $2,948,338,000 | $2,092,551,000 | $1,829,138,000 | $1,765,955,000 |
| Other Products | — | — | — | — | — | $300,806,000 | $448,476,000 | $601,379,000 |
| Poultry | — | — | — | — | — | $1,886,367,000 | $1,849,294,000 | $1,842,320,000 |
Segment Operating Income
Annual operating income by business segment, as tagged in the company's own XBRL filings. Segments need not sum to the consolidated figure — corporate costs and eliminations are typically unallocated.
By Segment (USD)
| Component | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|
| Foodservice Segment | $596,292,000 | $595,682,000 | $547,686,000 | $431,992,000 | — | — | — |
| Retail Segment | $562,768,000 | $577,690,000 | $721,832,000 | $690,127,000 | — | — | — |
| International Segment | $92,084,000 | $55,234,000 | $107,642,000 | $116,585,000 | — | — | — |
| Grocery Products | — | — | $367,642,000 | $382,197,000 | $358,008,000 | $339,497,000 | $353,266,000 |
| Jennie O Turkey Store | — | — | $218,860,000 | $76,006,000 | $105,585,000 | $117,962,000 | $131,846,000 |
| Refrigerated Foods | — | — | $685,394,000 | $664,558,000 | $609,406,000 | $681,763,000 | $670,948,000 |
| All Other Segments | — | — | $105,264,000 | $115,943,000 | $93,782,000 | $75,513,000 | $88,953,000 |
Operating Margin by Segment (%)
| Component | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|
| Retail Segment | 7.6% | 7.5% | 9% | 9.3% | — | — | — |
| Foodservice Segment | 15.5% | 16.4% | 14.8% | 13.8% | — | — | — |
| International Segment | 13.1% | 7.7% | 13.8% | 13.9% | — | — | — |
| Grocery Products | — | — | — | — | 15% | 14.3% | 14.2% |
| Jennie O Turkey Store | — | — | — | — | 7.9% | 8.9% | 9.9% |
| Refrigerated Foods | — | — | — | — | 11.6% | 13.1% | 13.1% |
| All Other Segments | — | — | — | — | 15.2% | 12.7% | 14.2% |
Key facts
CIK
48465
CUSIP
440452100
13F (30d)
157 filings
151 filers
Visit website
Investor relations