HRL · Hormel Foods Corp /De/ - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - |
| Cost of Revenue | $2.56B | - | $2.55B | $2.41B | $2.51B | - | $2.41B | $2.38B | $2.49B | - |
| Gross Profit | $469.57M | - | $487.31M | $484.43M | $475.23M | - | $488.37M | $503.81M | $508.73M | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $241.70M | - | $258.71M | $251.43M | $263.01M | - | $259.65M | $266.67M | $240.39M | - |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | $67.09M | - | - | - | $65.87M | - | - | - | $64.07M | - |
| Operating Income | $243.70M | - | $239.75M | $248.35M | $228.33M | - | $236.69M | $252.32M | $284.44M | - |
| Interest Expense | $19.73M | - | $19.46M | $19.52M | $18.33M | - | $21.46M | $21.68M | $18.33M | - |
| Income Tax | $52.54M | - | $52.82M | $50.75M | $47.54M | - | $48.98M | $54.93M | $66.82M | - |
| Net Income | $181.80M | - | $183.74M | $180.02M | $170.57M | - | $176.70M | $189.28M | $218.86M | - |
| EPS - Basic | $0.33 | - | $0.33 | $0.33 | $0.31 | - | $0.32 | $0.35 | $0.40 | - |
| EPS - Diluted | $0.33 | - | $0.33 | $0.33 | $0.31 | - | $0.32 | $0.34 | $0.40 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $867.91M | $670.68M | $599.19M | $669.69M | $840.40M | $741.88M | $537.48M | $1.49B | $963.21M | $736.53M |
| Accounts Receivable | $696.25M | $784.81M | $764.34M | $743.98M | $767.80M | $817.91M | $727.05M | $731.98M | $751.05M | $817.39M |
| Inventory | $1.65B | $1.75B | $1.82B | $1.73B | $1.52B | $1.58B | $1.65B | $1.67B | $1.58B | $1.68B |
| Accounts Payable | $670.94M | $731.58M | $707.75M | $716.89M | $709.19M | $735.60M | $675.17M | $691.50M | - | $771.40M |
| Current Assets | $3.39B | $3.41B | $3.32B | $3.28B | $3.27B | $3.25B | $3.00B | $3.98B | $3.37B | $3.30B |
| Total Assets | $13.32B | $13.39B | $13.50B | $13.42B | $13.40B | $13.43B | $13.11B | $14.14B | $13.51B | $13.45B |
| Current Liabilities | $1.27B | $1.38B | $1.35B | $1.33B | $1.33B | $1.40B | $1.31B | $2.30B | $2.26B | $2.31B |
| Long-term Debt | $2.85B | $2.85B | $2.85B | $2.85B | $2.85B | $2.85B | $2.85B | $2.85B | $2.36B | $2.36B |
| Total Liabilities | - | - | - | - | - | - | - | - | - | - |
| Stockholders' Equity | $7.94B | $7.90B | $8.08B | $8.03B | $8.03B | $7.99B | $7.87B | $7.89B | $7.84B | $7.73B |
| Retained Earnings | $7.54B | $7.52B | $7.73B | $7.71B | $7.69B | $7.68B | $7.61B | $7.59B | $7.56B | $7.49B |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $349.21M | - | - | - | $309.21M | - | - | - | $403.98M | - |
| Investing Cash Flow | $7.95M | - | - | - | ($60.33M) | - | - | - | ($48.15M) | - |
| Financing Cash Flow | ($162.43M) | - | - | - | ($143.06M) | - | - | - | ($133.37M) | - |
| CapEx | $68.99M | - | - | - | $72.17M | - | - | - | $47.21M | - |
| Free Cash Flow | $280.22M | - | - | - | $237.04M | - | - | - | $356.77M | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | - | - | - | - | - | - | - | - | - | - |
| EBITDA margin | - | - | - | - | - | - | - | - | - | - |
| Net margin | - | - | - | - | - | - | - | - | - | - |
| Free cash flow margin | - | - | - | - | - | - | - | - | - | - |
| FCF / Net income | 1.54 | - | - | - | 1.39 | - | - | - | 1.63 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - | - | - | - | - |
| Effective tax rate | 22.4% | - | 22.3% | 22.0% | 21.8% | - | 21.7% | 22.5% | 23.4% | - |
| Return on assets | 1.4% | - | 1.4% | 1.3% | 1.3% | - | 1.3% | 1.3% | 1.6% | - |
| Return on equity | 2.3% | - | 2.3% | 2.2% | 2.1% | - | 2.2% | 2.4% | 2.8% | - |
| Return on invested capital | 1.8% | - | 1.7% | 1.8% | 1.6% | - | 1.7% | 1.8% | 2.1% | - |
| Liquidity | ||||||||||
| Current ratio | 2.66 | 2.47 | 2.47 | 2.47 | 2.45 | 2.32 | 2.29 | 1.73 | 1.49 | 1.43 |
| Quick ratio | 1.37 | 1.20 | 1.12 | 1.17 | 1.31 | 1.19 | 1.03 | 1.00 | 0.79 | 0.70 |
| Cash ratio | 0.68 | 0.49 | 0.45 | 0.50 | 0.63 | 0.53 | 0.41 | 0.64 | 0.43 | 0.32 |
| Leverage | ||||||||||
| Debt / Equity | 0.36 | 0.36 | 0.35 | 0.35 | 0.36 | 0.36 | 0.36 | 0.36 | 0.30 | 0.30 |
| Debt / Assets | 0.21 | 0.21 | 0.21 | 0.21 | 0.21 | 0.21 | 0.22 | 0.20 | 0.17 | 0.18 |
| Debt / EBITDA | 9.17 | - | - | - | 9.69 | - | - | - | 6.76 | - |
| Interest coverage | 12.4x | - | 12.3x | 12.7x | 12.5x | - | 11.0x | 11.6x | 15.5x | - |
| Equity multiplier | 1.68 | 1.70 | 1.67 | 1.67 | 1.67 | 1.68 | 1.67 | 1.79 | 1.72 | 1.74 |
| Liabilities / Assets | - | - | - | - | - | - | - | - | - | - |
| Efficiency | ||||||||||
| Asset turnover | - | - | - | - | - | - | - | - | - | - |
| Inventory turnover | 1.55 | - | 1.40 | 1.40 | 1.66 | - | 1.46 | 1.42 | 1.58 | - |
| Days sales outstanding | - | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | 235d | - | 261d | 261d | 220d | - | 250d | 256d | 232d | - |
| Days payable outstanding | 96d | - | 101d | 108d | 103d | - | 102d | 106d | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | 74.5x | - | 88.6x | 90.0x | 99.6x | - | 100.0x | 103.9x | 77.5x | - |
| P / B | 1.7x | - | 2.0x | 2.0x | 2.1x | - | 2.2x | 2.5x | 2.2x | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | 50.0x | - | - | - | 64.5x | - | - | - | 52.7x | - |
| Growth | ||||||||||
| Revenue growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | -1.2% | - | -0.2% | -3.8% | -6.6% | - | -1.9% | 2.5% | 2.6% | - |
| Operating income growth (YoY) | 6.7% | - | 1.3% | -1.6% | -19.7% | - | 9.2% | -14.7% | -1.7% | - |
| Net income growth (YoY) | 6.6% | - | 4.0% | -4.9% | -22.1% | - | 8.6% | -12.9% | 0.5% | - |
| EPS growth (YoY) | 6.5% | - | 3.1% | -2.9% | -22.5% | - | 6.7% | -15.0% | 0.0% | - |
| EPS CAGR (3y) | -6.2% | - | -6.2% | -11.7% | -11.0% | - | 0.0% | -6.8% | -0.8% | - |
| EPS CAGR (5y) | -4.2% | - | -2.3% | -4.7% | -7.2% | - | -2.9% | -8.1% | -1.9% | - |
| FCF growth (YoY) | 18.2% | - | - | - | -33.6% | - | - | - | 114.2% | - |
| FCF CAGR (5y) | 11.1% | - | - | - | 12.7% | - | - | - | 19.2% | - |
| Book value growth (YoY) | -1.1% | -1.2% | 2.7% | 1.9% | 2.3% | 3.3% | 2.0% | 2.6% | 3.0% | 2.6% |
Peer comparison
Same SIC group: Meat Packing Plants
Comparing HORMEL FOODS CORP /DE/ against the 2 most active filers in the same SIC group.
Dividends
$1.17/share trailing 12 months · +1.7% YoY
| Ex-date | Per share |
|---|---|
| Apr 13, 2026 | $0.2930 |
| Jan 12, 2026 | $0.2930 |
| Oct 14, 2025 | $0.2900 |
| Jul 14, 2025 | $0.2900 |
| Apr 14, 2025 | $0.2900 |
| Jan 13, 2025 | $0.2900 |
| Oct 15, 2024 | $0.2830 |
| Jul 15, 2024 | $0.2830 |
| Apr 12, 2024 | $0.2830 |
| Jan 12, 2024 | $0.2830 |
| Oct 13, 2023 | $0.2750 |
| Jul 14, 2023 | $0.2750 |
| Apr 14, 2023 | $0.2750 |
| Jan 13, 2023 | $0.2750 |
| Oct 14, 2022 | $0.2600 |
| Jul 8, 2022 | $0.2600 |
| Apr 8, 2022 | $0.2600 |
| Jan 14, 2022 | $0.2600 |
| Oct 15, 2021 | $0.2450 |
| Jul 9, 2021 | $0.2450 |
| Apr 9, 2021 | $0.2450 |
| Jan 8, 2021 | $0.2450 |
| Oct 16, 2020 | $0.2330 |
| Jul 10, 2020 | $0.2330 |