Financials in USD. Standardized financial statements.
A compact view of how Hormel Foods Corporation turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $12.11B | $11.92B | $12.11B | $12.46B | $11.39B | $9.61B | $9.50B | $9.55B | $9.17B | $9.52B |
| Revenue Growth? | +1.6% | -1.6% | -2.8% | +9.4% | +18.5% | +1.2% | -0.5% | +4.1% | -3.7% | 0.0% |
| Cost of Revenue? | $10.21B | $9.90B | $10.11B | $10.29B | $9.46B | $7.78B | $7.61B | $7.57B | $7.17B | $7.37B |
| Gross Profit? | $1.89B | $2.02B | $2.00B | $2.16B | $1.93B | $1.83B | $1.88B | $1.98B | $2.00B | $2.16B |
| Gross Margin? | +15.6% | +17.0% | +16.5% | +17.4% | +16.9% | +19.0% | +19.8% | +20.7% | +21.8% | +22.7% |
| Operating Expenses? | $1.17B | $954.21M | $927.79M | $852.08M | $805.31M | $725.74M | $688.38M | $799.51M | $719.89M | $834.28M |
| Operating Income? | $718.60M | $1.07B | $1.07B | $1.31B | $1.12B | $1.10B | $1.20B | $1.18B | $1.28B | $1.32B |
| EBITDA? | $1.01B | $1.37B | $1.34B | $1.58B | $1.38B | $1.34B | $1.39B | $1.37B | $1.42B | $1.46B |
| Income Before Tax | $663.45M | $1.04B | $1.01B | $1.28B | $1.13B | $1.11B | $1.21B | $1.18B | $1.28B | $1.32B |
| Income Tax Expense | $185.69M | $230.80M | $220.55M | $277.88M | $217.03M | $206.39M | $230.57M | $168.70M | $431.54M | $426.70M |
| Net Income? | $478.20M | $805.04M | $793.57M | $999.99M | $908.84M | $908.08M | $978.81M | $1.01B | $846.74M | $890.05M |
| EPS? | $0.87 | $1.47 | $1.45 | $1.84 | $1.68 | $1.69 | $1.83 | $1.91 | $1.60 | $1.68 |
| Diluted EPS? | $0.87 | $1.47 | $1.45 | $1.82 | $1.66 | $1.66 | $1.80 | $1.86 | $1.57 | $1.64 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality