HRLNYSEMeat Packing PlantsFiscal year ends October 25

HORMEL FOODS CORP /DE/

Financials through Q3 FY2026, quarter ended Jul 26, 2026Last filing: 10-Q on Aug 27, 2026

$20.35−0.05 (-0.25%)

Close on Oct 19, 2026

Market cap: $11.21B
P/E (TTM): 32.3
Dividend yield: 5.70%

HORMEL FOODS CORP /DE/ income statement

Annual Quarterly TTM

Millions of USD, except per-share data. Shares in millions.

Line item	FY 2025 2025-10-26	FY 2024 2024-10-27	FY 2023 2023-10-29	FY 2022 2022-10-30	FY 2021 2021-10-31	FY 2020 2020-10-25	FY 2019 2019-10-27	FY 2018 2018-10-28	FY 2017 2017-10-29	FY 2016 2016-10-30	FY 2015 2015-10-25	FY 2014 2014-10-26	FY 2013 2013-10-27	FY 2012 2012-10-28	FY 2011 2011-10-30	FY 2010 2010-10-31	FY 2009 2009-10-25	FY 2008 2008-10-26
Revenue	12,106	11,921	12,110	12,459	11,386	9,608	9,497	9,546	9,168	9,523	9,264	9,316	8,752	8,231	7,895	7,221	6,534	6,755
Cost of Revenue	10,214	9,899	10,110	10,294	9,458	7,782	7,613	7,566	7,171	7,365	7,455	7,751	7,339	6,899	6,561	5,982	5,435	5,693
Gross Profit	1,892	2,022	2,000	2,165	1,928	1,826	1,885	1,979	1,997	2,158	1,809	1,565	1,413	1,332	1,334	1,239	1,099	1,062
Research & Development	35	36	34	35	34	32	33	34	34	35	32	30	30	30	29	28	25	–
Selling, General & Admin	997	1,005	942	879	853	761	728	841	759	872	744	651	627	606	619	605	567	553
Advertising Expenses	148	163	160	157	139	124	131	152	136	204	145	114	90	103	115	112	94	–
Operating Income	719	1,068	1,072	1,313	1,123	1,100	1,196	1,180	1,277	1,324	1,067	932	806	781	–	–	–	–
Interest Expense	78	81	73	63	43	21	18	26	13	13	13	13	12	13	23	27	28	28
Income from Equity Investments	-106	51	43	27	48	36	39	59	40	39	24	18	21	39	27	13	4.79	7.37
Other Non-Operating Income	236	215	214	-99	-113	-52	32	28	15	6.19	2.93	3.24	4.97	6.52	-0.79	4.57	20	-28
Merger & Restructuring Charges	13	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Asset Impairment Charges	71	0	28	0	0	0	0	17	0.18	0.99	22	0	0	0	0	–	–	–
Gain (Loss) on Sale of Assets	-11	4.40	0	-6.70	-3.73	-1.79	0.81	2.87	-0.32	-0.08	5.24	1.67	2.13	0.17	0.63	0.39	-0.13	-1.93
Pretax Income	663	1,035	1,013	1,278	1,126	1,115	1,210	1,181	1,279	1,317	1,057	922	799	758	719	625	528	–
Income Tax Expense	186	231	221	278	217	206	231	169	432	427	370	316	268	253	240	225	182	172
Net Income incl. Noncontrolling Interests	478	805	793	1,000	909	908	979	1,013	847	891	687	606	530	505	479	400	346	289
Minority Interest in Earnings	-0.43	-0.41	-0.65	0.24	0.30	0.27	0.34	0.44	0.37	0.47	1.18	3.35	3.87	4.91	5.00	4.19	3.17	3.14
Net Income	478	805	794	1,000	909	908	979	1,012	847	890	686	603	526	500	474	396	343	286
Net Income to Common	–	–	–	–	–	–	–	–	–	–	–	–	–	–	474	396	343	–
EPS (Basic)(per share)	0.87	1.47	1.45	1.84	1.68	1.69	1.83	1.91	1.60	1.68	1.30	1.14	1.00	0.95	0.89	0.74	0.64	0.53
EPS (Diluted)(per share)	0.87	1.47	1.45	1.82	1.66	1.66	1.80	1.86	1.57	1.64	1.27	1.12	0.98	0.93	0.87	0.73	0.64	0.52
Shares Outstanding (Basic, Weighted)(shares)	550	548	546	545	541	538	535	531	528	529	528	528	529	527	533	533	537	541
Shares Outstanding (Diluted, Weighted)(shares)	550	549	549	550	548	547	545	544	539	542	541	540	540	538	544	541	542	549
Dividend per Share(per share)	1.16	1.13	1.10	1.04	0.98	0.93	0.84	0.75	0.68	0.58	0.50	0.40	0.34	0.30	0.26	0.21	0.19	0.19
EBITDA	983	1,326	1,325	1,548	1,332	1,306	1,361	1,342	1,408	1,456	1,201	1,062	931	901	–	–	–	–

Italic numbers are calculated by StockData (for example Q4 = full year − nine months). Per-share data and share counts are adjusted for stock splits. Hover a number for its source; click it to open the filing on SEC.gov. Click a row to chart it.

Ratios

Latest available, balances at Jul 26, 2026

Profitability, TTM

Gross margin: 15.7%
Operating margin: 4.7%
Net margin: 2.8%
Return on equity, FY2025: 6.0%

Financial strength

Current ratio: 1.88
Debt to equity: 0.36
Debt to assets: 21.5%
Cash to current liabilities: 44.8%

Valuation

P/E ratio: 32.3
Price to sales: 0.92
Price to book: 1.43
Dividend yield: 5.70%