Hormel Foods (HRL) | Financial Analysis & Statements

Hormel Foods Corporation | Large-cap | Consumer Defensive

$30.28

-0.98%

| Hormel Foods Stock Comparison:

Hormel Foods vs Kraft Heinz Hormel Foods vs General Mills Hormel Foods vs Kellanova Hormel Foods vs McCormick & Company Hormel Foods vs McCormick & Company Hormel Foods vs S&P 500 | Market

Overview Income Statement Balance Sheet Cash Flow Key Ratios Comparison

Financial Overview

Latest Annual: 2024

Income Metrics

Revenue 11.9B

Gross Profit 2.0B 16.96%

Operating Income 1.0B 8.53%

Net Income 804.6M 6.75%

EPS (Diluted) $1.47

Balance Sheet Metrics

Total Assets 13.4B

Total Liabilities 5.4B

Shareholders Equity 8.0B

Debt to Equity 0.68

Cash Flow Metrics

Operating Cash Flow 1.3B

Free Cash Flow 1.0B

Revenue & Profitability Trend

Income Statement

Metric	2024	2023	2022	2021	2020
Revenue	11.9B	12.1B	12.5B	11.4B	9.6B
Cost of Goods Sold	9.9B	10.1B	10.3B	9.5B	7.8B
Gross Profit	2.0B	2.0B	2.2B	1.9B	1.8B
Operating Expenses	1.0B	942.2M	879.3M	853.1M	761.3M
Operating Income	1.0B	1.1B	1.3B	1.1B	1.1B
Pre-tax Income	1.0B	1.0B	1.3B	1.1B	1.1B
Income Tax	230.8M	220.6M	277.9M	217.0M	206.4M
Net Income	804.6M	792.9M	1.0B	909.1M	908.4M
EPS (Diluted)	$1.47	$1.45	$1.82	$1.66	$1.66

Income Statement Trend

Balance Sheet

Metric	2024	2023	2022	2021	2020
Assets
Current Assets	3.2B	3.3B	3.6B	2.9B	3.6B
Non-Current Assets	10.2B	10.2B	9.7B	9.7B	6.3B
Total Assets	13.4B	13.4B	13.3B	12.7B	9.9B
Liabilities
Current Liabilities	1.4B	2.3B	1.5B	1.4B	1.5B
Non-Current Liabilities	4.0B	3.4B	4.3B	4.3B	2.0B
Total Liabilities	5.4B	5.7B	5.8B	5.7B	3.5B
Equity
Total Shareholders Equity	8.0B	7.7B	7.5B	7.0B	6.4B

Balance Sheet Composition

Cash Flow Statement

Metric	2024	2023	2022	2021	2020
Operating Activities
Net Income	804.6M	792.9M	1.0B	909.1M	908.4M
Operating Cash Flow	1.3B	1.1B	1.1B	957.5M	1.1B
Investing Activities
Capital Expenditures	-256.0M	-264.9M	-277.7M	-230.2M	-365.6M
Investing Cash Flow	-230.8M	-689.5M	-260.5M	-3.6B	-652.5M
Financing Activities
Dividends Paid	-615.0M	-592.9M	-557.8M	-523.1M	-487.4M
Financing Cash Flow	-1.1B	-612.1M	-566.5M	1.5B	1.5B
Free Cash Flow	1.0B	777.6M	856.1M	769.5M	760.5M

Cash Flow Trend

Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 22.49

Forward P/E 18.09

Price to Book 2.09

Price to Sales 1.41

PEG Ratio 18.09

Profitability Ratios

Profit Margin 6.27%

Operating Margin 8.61%

Return on Equity 9.37%

Return on Assets 4.75%

Financial Health

Current Ratio 2.47

Debt to Equity 35.54

Beta 0.34

Per Share Data

EPS (TTM) $1.36

Book Value per Share $14.61

Revenue per Share $21.71

Peer Financial Comparison

Company	Market Cap	P/E Ratio	P/B Ratio	ROE	Profit Margin	Debt/Equity
hrl	16.8B	22.49	2.09	9.37%	6.27%	35.54
Kraft Heinz	30.9B	11.91	0.63	5.35%	10.44%	43.55
General Mills	29.3B	11.77	3.17	26.83%	13.02%	149.14
Kellanova	27.7B	20.12	7.08	38.15%	10.93%	155.53
McCormick & Company	19.8B	25.52	3.66	14.66%	11.67%	79.05
McCormick & Company	19.8B	25.22	3.62	14.66%	11.67%	79.05

Financial data is updated regularly. All figures are in the company's reporting currency.