HRL
Hormel Foods Corporation
NYSE · Consumer Defensive · Packaged Foods · US
$21.54
−0.65%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 12.1B | 12.1B | 11.9B | 12.1B | 12.5B |
| Cost of Revenue | 10.2B | 10.2B | 9.9B | 10.1B | 10.3B |
| Gross Profit | 1.9B | 1.9B | 2.0B | 2.0B | 2.2B |
| Operating Expenses | |||||
| R&D Expense | — | — | — | — | — |
| SG&A Expense | 1.1B | 996.6M | 1.0B | 942.2M | 879.3M |
| General & Admin Expense | 323.5M | — | — | — | — |
| Selling & Marketing Expense | — | — | — | — | — |
| Other Expenses | 223.3M | 176.6M | (51.1M) | (14.4M) | (27.2M) |
| Total Operating Expenses | 1.3B | 1.2B | 954.2M | 927.8M | 852.1M |
| Cost and Expenses | 11.6B | 11.4B | 10.9B | 11.0B | 11.1B |
| Operating Income (EBIT) | 573.9M | 718.6M | 1.1B | 1.1B | 1.3B |
| Non-Operating | |||||
| Interest Income | 16.8M | 24.2M | 48.4M | 14.8M | 28.0M |
| Interest Expense | 78.8M | 78.0M | 80.9M | 73.4M | 62.5M |
| Net Interest Income | (62.0M) | (53.8M) | (32.5M) | (58.6M) | (34.5M) |
| Other Non-Op Income/Expense | (52.0M) | (55.2M) | (32.5M) | (58.6M) | (34.5M) |
| Non-Operating Income (excl Interest) | (26.7M) | (22.9M) | (48.4M) | (14.8M) | (28.0M) |
| EBT (Pre-Tax Income) | 521.9M | 663.4M | 1.0B | 1.0B | 1.3B |
| Income Tax Expense | 179.4M | 185.7M | 230.8M | 220.6M | 277.9M |
| Bottom Line | |||||
| Net Income | 342.6M | 478.2M | 805.0M | 793.6M | 1000.0M |
| Earnings from Cont. Ops | 342.5M | 477.8M | 804.6M | 792.9M | 1.0B |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | 342.6M | 478.2M | 805.0M | 793.6M | 1000.0M |
| Per Share | |||||
| Basic EPS | $0.63 | $0.87 | $1.47 | $1.45 | $1.84 |
| Diluted EPS | $0.63 | $0.87 | $1.47 | $1.45 | $1.82 |
| Revenue Per Share | $22.06 | $22.00 | $21.75 | $22.16 | $22.86 |
| Shares | |||||
| Basic Shares Outstanding | 550.7M | 550.2M | 548.1M | 546.4M | 544.9M |
| Diluted Shares Outstanding | 551.1M | 550.5M | 548.8M | 549.0M | 549.6M |
| Profitability Metrics | |||||
| EBITDA | 872.4M | 1.0B | 1.4B | 1.3B | 1.6B |
| D&A | 271.7M | 263.9M | 257.8M | 253.3M | 235.9M |
| EBIT | 600.6M | 741.5M | 1.1B | 1.1B | 1.3B |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jul 1, 2026