Hormel

American food processing company

HRL NYSE ISIN US4404521001 SEC CIK 48465 LEI MSD54751OJP1FS2ND863
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Financials

Reported figures only · latest: Q3 2026 USD · US GAAP
Revenue, last quarter $3B −2.4% vs same quarter last year
Net income $59.6M −67.6% vs same quarter last year
EPS, diluted $0.11 −66.7% vs same quarter last year
Operating cash flow $240.6M +53.5% vs same quarter last year
Revenue by quarter
$3.1B
$3B
$2.9B
$3B
$3.2B
$3B
$3B
$3B
Q4 24 Q1 25 Q2 25 Q3 25 Q4 25 Q1 26 Q2 26 Q3 26

Source: SEC XBRL filings · latest filing

The long view

Fiscal years as reported · SEC XBRL filings, US GAAP
Revenue and net income15 fiscal years
  • Revenue
  • Net income
$0$5B$10B$15BFY11FY13FY15FY17FY19FY21FY23FY25
Show the numbers
YearRevenueNet income
FY25$12.1B$478.2M
FY24$11.9B$805M
FY23$12.1B$793.6M
FY22$12.5B$1000M
FY21$11.4B$908.8M
FY20$9.6B$908.1M
FY19$9.5B$978.8M
FY18$9.5B$1B
FY17$9.2B$846.7M
FY16$9.5B$890.1M
FY15$9.3B$686.1M
FY14$9.3B$602.7M
FY13$8.8B$526.2M
FY12$8.2B$500.1M
FY11$7.9B$474.2M
MarginsShare of revenue
  • Gross margin
  • Operating margin
  • Net margin
0%10%20%30%FY11FY13FY15FY17FY19FY21FY23FY25
Show the numbers
YearGross marginOperating marginNet margin
FY2515.6%5.9%4%
FY2417%9%6.8%
FY2316.5%8.9%6.6%
FY2217.4%10.5%8%
FY2116.9%9.9%8%
FY2019%11.5%9.5%
FY1919.8%12.6%10.3%
FY1820.7%12.4%10.6%
FY1721.8%13.9%9.2%
FY1622.7%13.9%9.3%
FY1519.5%11.5%7.4%
FY1416.8%10%6.5%
FY1316.1%9.2%6%
FY1216.2%9.5%6.1%
FY1116.9%-6%
Free cash flowOperating cash flow minus capital expenditure
$0$500M$1B$1.5BFY11FY13FY15FY17FY19FY21FY23FY25
Show the numbers
YearFree cash flow
FY25$534.3M
FY24$1B
FY23$777.6M
FY22$856.1M
FY21$769.5M
FY20$760.5M
FY19$629.2M
FY18$852.1M
FY17$812.6M
FY16$784.5M
FY15$847.9M
FY14$587.7M
FY13$531M
FY12$385.5M
FY11$393.6M
Returned to shareholdersDividends paid and shares bought back
  • Dividends
  • Buybacks
$0$200M$400M$600M$800MFY11FY13FY15FY17FY19FY21FY23FY25
Show the numbers
YearDividendsBuybacks
FY25$633.2M$0
FY24$615M$0
FY23$592.9M$12.3M
FY22$557.8M$0
FY21$523.1M$20M
FY20$487.4M$12.4M
FY19$437.1M$174.2M
FY18$388.1M$46.9M
FY17$346M$94.5M
FY16$296.5M$87.9M
FY15$250.8M$24.9M
FY14$203.2M$58.9M
FY13$174.3M$70.8M
FY12$152.2M$61.4M
FY11$130M$152.9M
Net margin vs the sectorMedian of Consumer companies filing with the SEC
  • Hormel
  • Consumer median
0%5%10%15%FY11FY13FY15FY17FY19FY21FY23FY25
Show the numbers
YearHormelConsumer median
FY254%1.7%
FY246.8%2.3%
FY236.6%2.3%
FY228%2.7%
FY218%2.8%
FY209.5%1.3%
FY1910.3%2.2%
FY1810.6%2.8%
FY179.2%2.6%
FY169.3%3.5%
FY157.4%3.4%
FY146.5%2.3%
FY136%3.4%
FY126.1%3.1%
FY116%2.5%

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