Hormel Financial Statements From 2010 to 2024

HRL Stock  USD 31.92  0.30  0.95%   
Hormel Foods financial statements provide useful quarterly and yearly information to potential Hormel Foods investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Hormel Foods financial statements helps investors assess Hormel Foods' valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Hormel Foods' valuation are summarized below:
Gross Profit
B
Profit Margin
0.0652
Market Capitalization
17.3 B
Enterprise Value Revenue
1.6304
Revenue
12 B
There are over one hundred nineteen available fundamental trends for Hormel Foods, which can be analyzed over time and compared to other ratios. We recommend to confirm Hormel Foods' regular fundamental drivers against the all of the trends between 2010 and 2024. The value of Market Cap is estimated to slide to about 1.4 B. The Enterprise Value is projected to slide to about 1.3 B

Hormel Foods Total Revenue

14.62 Billion

Check Hormel Foods financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Hormel Foods' main balance sheet or income statement drivers, such as Depreciation And Amortization of 305.9 M, Interest Expense of 80.2 M or Total Revenue of 14.6 B, as well as many indicators such as Price To Sales Ratio of 2.14, Dividend Yield of 0.0152 or PTB Ratio of 2.3. Hormel financial statements analysis is a perfect complement when working with Hormel Foods Valuation or Volatility modules.
  
Check out the analysis of Hormel Foods Correlation against competitors.
For more information on how to buy Hormel Stock please use our How to buy in Hormel Stock guide.

Hormel Foods Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets16.2 B15.5 B8.8 B
Slightly volatile
Short and Long Term Debt TotalB3.8 B1.5 B
Slightly volatile
Other Current Liabilities353.2 M670.7 M564.5 M
Pretty Stable
Total Current Liabilities2.8 B2.7 B1.4 B
Slightly volatile
Total Stockholder Equity9.3 B8.9 B5.5 B
Slightly volatile
Property Plant And Equipment Net2.8 B2.6 B1.6 B
Slightly volatile
Retained EarningsB8.6 B5.5 B
Slightly volatile
Cash889.4 M847 M642.7 M
Slightly volatile
Non Current Assets Total12.3 B11.7 B6.2 B
Slightly volatile
Non Currrent Assets Other535 M509.5 M322.2 M
Slightly volatile
Cash And Short Term Investments909.5 M866.2 M656.2 M
Slightly volatile
Net Receivables995.7 M948.3 M678 M
Slightly volatile
Common Stock Shares Outstanding457.6 M494.1 M537.9 M
Slightly volatile
Liabilities And Stockholders Equity16.2 B15.5 B8.8 B
Slightly volatile
Non Current Liabilities Total4.1 B3.9 BB
Slightly volatile
InventoryB1.9 B1.2 B
Slightly volatile
Other Current Assets27.2 M44.9 M20 M
Slightly volatile
Other Stockholder Equity611.2 M582.1 M210.9 M
Slightly volatile
Total Liabilities6.9 B6.6 B3.4 B
Slightly volatile
Total Current AssetsB3.8 B2.6 B
Slightly volatile
Intangible Assets2.1 BB1.7 B
Slightly volatile
Accounts Payable931.5 M887.1 M594.9 M
Slightly volatile
Good WillB5.7 B2.8 B
Slightly volatile
Common Stock Total Equity6.5 M7.2 M7.8 M
Slightly volatile
Property Plant And Equipment Gross5.4 B5.2 B2.3 B
Slightly volatile
Common Stock6.5 M7.2 M7.8 M
Slightly volatile
Other Liabilities637.8 M1.1 B747.6 M
Slightly volatile
Other Assets262.9 M509.5 M256.8 M
Very volatile
Long Term Debt2.8 B2.7 B1.2 B
Slightly volatile
Property Plant Equipment2.8 B2.6 B1.4 B
Slightly volatile
Net Tangible Assets1.3 B944.3 M1.6 B
Slightly volatile
Noncontrolling Interest In Consolidated Entity3.7 M4.4 M4.7 M
Slightly volatile
Retained Earnings Total Equity5.3 B8.4 B5.4 B
Slightly volatile
Long Term Investments875.6 M833.9 M376.8 M
Slightly volatile
Non Current Liabilities Other164.1 M172.7 M506.8 M
Slightly volatile
Deferred Long Term Asset Charges21.4 M22.6 M35.8 M
Slightly volatile
Long Term Debt TotalB3.8 B1.4 B
Slightly volatile
Short and Long Term Debt1.1 B1.1 B431.5 M
Slightly volatile
Cash And Equivalents833.1 M1.1 B688.1 M
Slightly volatile
Net Invested CapitalB12.7 B7.4 B
Slightly volatile
Net Working Capital1.6 B1.1 B1.2 B
Slightly volatile
Capital Stock8.7 M9.2 MM
Slightly volatile

Hormel Foods Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization305.9 M291.3 M180.3 M
Slightly volatile
Interest Expense80.2 M84.4 M32.8 M
Slightly volatile
Total Revenue14.6 B13.9 B9.9 B
Slightly volatile
Gross Profit1.3 B2.3 B1.7 B
Slightly volatile
Other Operating Expenses13.3 B12.7 B8.9 B
Slightly volatile
Operating Income1.3 B1.2 B1.1 B
Slightly volatile
EBIT1.3 B1.2 B1.1 B
Slightly volatile
EBITDA1.6 B1.5 B1.2 B
Slightly volatile
Cost Of Revenue12.2 B11.6 B8.1 B
Slightly volatile
Total Operating ExpensesB1.1 B773.3 M
Slightly volatile
Income Before Tax1.2 B1.2 BB
Slightly volatile
Net Income958.2 M912.6 M770.8 M
Slightly volatile
Income Tax Expense169.7 M253.6 M256.2 M
Very volatile
Selling General Administrative559.6 M860.6 M635.2 M
Slightly volatile
Research Development28.2 M38.8 M31.2 M
Slightly volatile
Net Income Applicable To Common Shares593.6 M912.6 M755.3 M
Slightly volatile
Selling And Marketing Expenses275.7 M144.1 M166.4 M
Very volatile
Net Income From Continuing Ops828.7 M911.9 M787.2 M
Slightly volatile
Non Operating Income Net Other25.9 M32.2 M24.4 M
Pretty Stable
Non Recurring9.8 M15.6 M15.9 M
Pretty Stable
Tax Provision233.1 M198.5 M302.2 M
Slightly volatile
Interest Income13.4 M17.1 M12 M
Slightly volatile
Reconciled Depreciation221.3 M291.3 M180.5 M
Slightly volatile
Extraordinary Items58.3 M65.6 M71.4 M
Slightly volatile

Hormel Foods Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Free Cash Flow939 M894.3 M704.7 M
Slightly volatile
Begin Period Cash Flow1.2 B1.1 B670 M
Slightly volatile
Depreciation305.9 M291.3 M178.6 M
Slightly volatile
Dividends Paid716 M681.9 M388.9 M
Slightly volatile
Capital Expenditures163.6 M310.7 M216.3 M
Slightly volatile
Total Cash From Operating Activities1.3 B1.2 B931.8 M
Slightly volatile
Net Income477.9 M911.9 M743.6 M
Slightly volatile
End Period Cash Flow889.4 M847 M653.2 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio2.142.04112.0569
Pretty Stable
Dividend Yield0.01520.02250.0203
Slightly volatile
PTB Ratio2.33.33043.5713
Slightly volatile
Days Sales Outstanding27.3628.979426.263
Slightly volatile
Book Value Per Share13.5512.906410.7545
Slightly volatile
Free Cash Flow Yield0.03450.03320.0361
Very volatile
Operating Cash Flow Per Share1.941.85161.8666
Slightly volatile
Stock Based Compensation To Revenue0.00160.00220.002
Pretty Stable
Capex To Depreciation1.541.00791.4119
Pretty Stable
PB Ratio2.33.33043.5713
Slightly volatile
EV To Sales2.392.27922.1251
Pretty Stable
Free Cash Flow Per Share1.51.42621.3899
Pretty Stable
ROIC0.110.0880.1168
Slightly volatile
Inventory Turnover9.816.90797.2646
Pretty Stable
Net Income Per Share1.761.67961.4512
Slightly volatile
Days Of Inventory On Hand34.3552.838150.7628
Pretty Stable
Payables Turnover18.511.922613.7726
Pretty Stable
Sales General And Administrative To Revenue0.04680.06280.0633
Slightly volatile
Research And Ddevelopement To Revenue0.00370.0030.0033
Slightly volatile
Capex To Revenue0.02590.02020.0277
Very volatile
Cash Per Share1.231.17291.6959
Pretty Stable
POCF Ratio12.523.19619.2453
Very volatile
Interest Coverage29.5825.921946.7179
Slightly volatile
Payout Ratio0.60.57560.5247
Slightly volatile
Capex To Operating Cash Flow0.420.22980.3007
Pretty Stable
PFCF Ratio31.5430.115143.5094
Slightly volatile
Days Payables Outstanding18.0430.614226.8526
Pretty Stable
Income Quality1.41.10211.3208
Slightly volatile
ROE0.120.13020.1399
Slightly volatile
EV To Operating Cash Flow27.225.901120.881
Slightly volatile
PE Ratio13.0325.57224.8672
Pretty Stable
Return On Tangible Assets0.0960.15270.1459
Slightly volatile
EV To Free Cash Flow32.6433.627246.0172
Slightly volatile
Earnings Yield0.06070.03910.0411
Pretty Stable
Intangibles To Total Assets0.560.53150.4202
Slightly volatile
Current Ratio2.452.08231.9581
Pretty Stable
Tangible Book Value Per Share0.410.42962.9769
Slightly volatile
Receivables Turnover11.8612.595213.8715
Slightly volatile
Graham Number23.1822.076118.664
Slightly volatile
Shareholders Equity Per Share13.5412.896310.7487
Slightly volatile
Debt To Equity0.50.47630.2681
Slightly volatile
Capex Per Share0.220.42540.462
Pretty Stable
Revenue Per Share22.0921.042118.4442
Slightly volatile
Interest Debt Per Share6.536.22273.1739
Slightly volatile
Debt To Assets0.270.26170.1583
Slightly volatile
Enterprise Value Over EBITDA19.4918.564716.6671
Slightly volatile
Short Term Coverage Ratios17511423.6075
Slightly volatile
Price Earnings Ratio13.0325.57224.8672
Pretty Stable
Operating Cycle54.2581.817476.5285
Pretty Stable
Price Book Value Ratio2.33.33043.5713
Slightly volatile
Days Of Payables Outstanding18.0430.614226.8526
Pretty Stable
Dividend Payout Ratio0.60.57560.5247
Slightly volatile
Price To Operating Cash Flows Ratio12.523.19619.2453
Very volatile
Price To Free Cash Flows Ratio31.5430.115143.5094
Slightly volatile
Pretax Profit Margin0.06180.09890.1011
Slightly volatile
Ebt Per Ebit1.091.00320.9926
Pretty Stable
Operating Profit Margin0.06260.09860.1023
Slightly volatile
Effective Tax Rate0.370.19270.2599
Slightly volatile
Company Equity Multiplier1.881.82021.6448
Slightly volatile
Long Term Debt To Capitalization0.340.32210.1687
Slightly volatile
Total Debt To Capitalization0.340.32260.2024
Slightly volatile
Return On Capital Employed0.20.09950.1512
Slightly volatile
Debt Equity Ratio0.50.47630.2681
Slightly volatile
Ebit Per Revenue0.06260.09860.1023
Slightly volatile
Quick Ratio1.451.11511.1648
Very volatile
Dividend Paid And Capex Coverage Ratio1.391.331.6234
Slightly volatile
Net Income Per E B T0.510.8070.7318
Pretty Stable
Cash Ratio0.590.43340.603
Pretty Stable
Cash Conversion Cycle54.2351.203250.8772
Slightly volatile
Operating Cash Flow Sales Ratio0.0580.0880.0987
Slightly volatile
Days Of Inventory Outstanding34.3552.838150.7628
Pretty Stable
Days Of Sales Outstanding27.3628.979426.263
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.50.77020.694
Very volatile
Cash Flow Coverage Ratios0.290.30141.0412
Slightly volatile
Price To Book Ratio2.33.33043.5713
Slightly volatile
Fixed Asset Turnover8.575.39866.5136
Slightly volatile
Capital Expenditure Coverage Ratio2.934.35254.4611
Slightly volatile
Price Cash Flow Ratio12.523.19619.2453
Very volatile
Enterprise Value Multiple19.4918.564716.6671
Slightly volatile
Debt Ratio0.270.26170.1583
Slightly volatile
Cash Flow To Debt Ratio0.290.30141.0412
Slightly volatile
Price Sales Ratio2.142.04112.0569
Pretty Stable
Return On Assets0.0720.07160.0869
Slightly volatile
Asset Turnover0.850.89641.139
Slightly volatile
Net Profit Margin0.0410.07980.0754
Very volatile
Gross Profit Margin0.240.16930.1918
Slightly volatile
Price Fair Value2.33.33043.5713
Slightly volatile
Return On Equity0.120.13020.1399
Slightly volatile

Hormel Foods Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap1.4 B2.2 B2.3 B
Pretty Stable
Enterprise Value1.3 B2.2 B2.3 B
Pretty Stable

Hormel Fundamental Market Drivers

Forward Price Earnings18.4843
Cash And Short Term Investments753.2 M

Hormel Upcoming Events

7th of March 2024
Upcoming Quarterly Report
View
6th of June 2024
Next Financial Report
View
31st of January 2024
Next Fiscal Quarter End
View
4th of December 2024
Next Fiscal Year End
View
31st of October 2023
Last Quarter Report
View
31st of October 2023
Last Financial Announcement
View

About Hormel Foods Financial Statements

Hormel Foods investors utilize fundamental indicators, such as revenue or net income, to predict how Hormel Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue678.3 M712.2 M
Total Revenue13.9 B14.6 B
Cost Of Revenue11.6 B12.2 B
Sales General And Administrative To Revenue 0.06  0.05 
Capex To Revenue 0.02  0.03 
Revenue Per Share 21.04  22.09 
Ebit Per Revenue 0.10  0.06 

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When determining whether Hormel Foods is a strong investment it is important to analyze Hormel Foods' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Hormel Foods' future performance. For an informed investment choice regarding Hormel Stock, refer to the following important reports:
Check out the analysis of Hormel Foods Correlation against competitors.
For more information on how to buy Hormel Stock please use our How to buy in Hormel Stock guide.
You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Is Packaged Foods & Meats space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hormel Foods. If investors know Hormel will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hormel Foods listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.075
Dividend Share
1.123
Earnings Share
1.43
Revenue Per Share
21.882
Quarterly Revenue Growth
(0.02)
The market value of Hormel Foods is measured differently than its book value, which is the value of Hormel that is recorded on the company's balance sheet. Investors also form their own opinion of Hormel Foods' value that differs from its market value or its book value, called intrinsic value, which is Hormel Foods' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hormel Foods' market value can be influenced by many factors that don't directly affect Hormel Foods' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hormel Foods' value and its price as these two are different measures arrived at by different means. Investors typically determine if Hormel Foods is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hormel Foods' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.