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Hormel Foods Corporation HRL SPX

Consumer Defensive · Packaged Foods · United States
https://www.hormelfoods.com

Hormel Foods Corporation develops, processes, and distributes various meat, nuts, and other food products to foodservice, convenience store, and commercial customers in the United States and internationally. It operates through three segments: Retail, Foodservice, and International segments. The company provides various perishable products, including resh meats, frozen items, refrigerated meal solutions, bacon, sausages, hams, guacamole, and other items that require refrigeration; and shelf-stable products, such as canned luncheon meats, nut butters, snack nuts, chili, shelf-stable microwaveable meals, hash, stews, tortillas, salsas, tortilla chips, and other items that do not require refrigeration. It sells its products under the HORMEL, ALWAYS TENDER, APPLEGATE, AUSTIN BLUES, BACON 1, BLACK LABEL, BREAD READY, BURKE, CAFÉ H, CERATTI, CHI-CHI'S, COLUMBUS, COMPLEATS, CORN NUTS, CURE 81, DAN'S PRIZE, DI LUSSO, DINTY MOORE, DON MIGUEL, DOÑA MARIA, EMBASA, FAST ‘N EASY, FIRE BRAISED, FONTANINI, HERDEZ, HORMEL GATHERINGS, HOUSE OF TSANG, JENNIE-O, JUSTIN'S, LA VICTORIA, LAYOUT, LLOYD'S, MARY KITCHEN, MR. PEANUT, NATURAL CHOICE, NUT-RITION, OLD SMOKEHOUSE, OVEN READY, PILLOW PACK, PLANTERS, ROSA GRANDE, SADLER'S SMOKEHOUSE, SKIPPY, SPAM, SQUARE TABLE, SPECIAL RECIPE, VALLEY FRESH, and WHOLLY brands through sales personnel, independent brokers, and distributors. The company was formerly known as Geo. A. Hormel & Company and changed its name to Hormel Foods Corporation in January 1995. Hormel Foods Corporation was founded in 1891 and is headquartered in Austin, Minnesota.

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$23.23
-20.50% 1Y

Market & Price

Market Cap
$12.78B
Current Price
$23.23
High / Low (52W)
$30.04 / $19.74
Beta
0.31

Valuation

Stock P/E
27.33
Industry PE
18.88
Forward P/E
14.81
PEG Ratio
1.74
Book Value
$14.45
Price to Book
1.61
P/S
1.05
EV/EBITDA
9.96
Dividend Yield
5.04%

Profitability & Returns

ROCE
6.17%
ROE
5.83%
ROA
4.58%
Profit Margin
3.82%
Op Margin
11.06%
EPS (Latest Qtr)
$0.29
EPS (TTM)
$0.85

Balance Sheet & Liquidity

Debt/Equity
4.24
Quick Ratio
0.93
Current Ratio
1.94
Debt
$250.00M
Total Assets
$13.39B
Current Assets
$3.41B
Working Capital
$2.02B

Ownership

Promoter Holding
0.47%
Chg in Prom Hold
-
FII / Inst Holding
93.85%
Chg in FII Hold
0.00%

Financial Snapshot

Enterprise Value
$12.46B
Total Revenue (TTM)
$12.22B
EBITDA
$1.25B
Free Cash Flow
$471.17M
Operating Cash Flow
$1.01B
Shares Outstanding
550.28M
Gross Margin
15.78%
Payout Ratio
137.06%

Growth (CAGR)

Revenue 5Y
-0.95%
Profit 5Y
-21.80%
Revenue (YoY)
-2.90%
Earnings (YoY)
-5.10%

PROS

  • Attractive dividend yield of 5.04%.
  • Generates positive free cash flow.

CONS

  • Revenue declined at -1.0% CAGR over 5 years.
  • Earnings shrank at -21.8% CAGR over 5 years.
  • In a downtrend (50-DMA below 200-DMA).

* The pros and cons are auto-generated from financial metrics.

Price Chart

Robinhood TradingView StockAnalysis

Fundamental Growth

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Consumer Defensive).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 HRL Hormel Foods Corporation SPX 23.23 27.33 $12.78B 5.04% 6.17% 5.83% -0.95% -21.80%
2 WMT Walmart Inc. SPX 115.75 40.76 $922.64B 0.86% 18.21% 24.13% 5.27% 23.30%
3 COST Costco Wholesale Corporation NDXSPX 956.32 49.76 $424.27B 0.61% 27.44% 29.65% 6.64% 11.49%
4 KO The Coca-Cola Company SPX 79.01 24.85 $339.94B 2.68% 21.13% 43.37% 3.69% 11.16%
5 PG The Procter & Gamble Company SPX 143.56 21.02 $334.29B 2.97% 23.63% 31.11% 1.67% 2.71%
6 PM Philip Morris International Inc. SPX 177.38 24.98 $276.46B 3.31% 35.35% - 8.57% 7.84%
7 PEP PepsiCo, Inc. NDXSPX 144.19 22.64 $197.10B 4.11% 15.23% 43.88% 2.83% -2.57%
8 MO Altria Group, Inc. SPX 69.58 14.53 $116.19B 6.09% 40.85% - -0.89% 6.42%
9 MNST Monster Beverage Corporation NDXSPX 88.08 42.55 $86.14B - 28.33% 26.65% 9.54% 16.94%
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Quarterly Results

Figures in USD.

Metric Jul 2015Oct 2015Jan 2016Apr 2016Jul 2016Oct 2016Jan 2017Apr 2017Jul 2017Oct 2017Jan 2018Apr 2018Jul 2018Oct 2018Jan 2019Apr 2019Jul 2019Oct 2019Jan 2020Apr 2020Jul 2020Oct 2020Jan 2021Apr 2021Jul 2021Jan 2022May 2022Jul 2022Jan 2023Apr 2023Jul 2023Jan 2024Apr 2024Jul 2024Jan 2025Apr 2025Jul 2025Oct 2025Jan 2026Apr 2026
Revenue 2.19B2.40B2.29B2.30B2.30B2.63B2.28B2.19B2.21B2.49B2.33B2.33B2.36B----------------------2.90B3.03B3.19B3.03B2.97B
Cost of Revenue -----------------------------------2.41B2.55B2.74B2.56B2.45B
Gross Profit 409.39M495.03M558.01M526.36M475.29M598.52M552.28M486.92M452.41M511.55M498.30M492.80M455.05M533.33M488.33M469.15M433.44M493.72M468.42M477.35M422.43M457.76M450.17M476.31M423.35M538.75M553.47M506.05M495.95M491.42M498.05M508.73M503.81M488.37M-484.43M487.31M444.84M469.57M518.51M
Operating Expenses -----------------------------------251.43M258.71M223.47M241.70M318.62M
Operating Income 231.16M-359.54M323.82M274.79M-355.36M316.03M279.70M-301.95M301.74M256.69M-306.25M312.36M256.66M-280.49M293.46M249.58M-268.02M289.42M207.48M319.68M334.73M291.04M289.45M295.80M216.76M284.44M252.32M236.69M-233.00M228.60M221.38M227.88M199.88M
EBITDA -----------------------------------313.97M320.67M67.35M321.13M294.71M
Interest Expense -----------------------------------19.52M19.46M19.60M19.73M19.82M
Pretax Income -----------------------------------230.49M236.51M-21.63M234.31M206.06M
Tax Provision -----------------------------------50.75M52.82M34.58M52.54M48.69M
Net Income 146.94M187.23M235.06M215.40M195.65M243.94M235.15M210.93M182.51M218.15M303.11M237.38M210.24M261.41M241.43M282.43M199.45M255.50M242.87M227.73M203.12M234.36M222.28M227.90M176.92M239.57M261.62M218.91M217.72M217.24M162.68M218.86M189.28M176.70M-180.02M183.74M-56.14M181.80M157.47M
Diluted EPS 0.270.350.430.400.360.450.440.390.340.410.560.440.390.480.440.520.370.470.450.420.370.430.410.420.320.440.480.400.400.400.300.400.340.32-0.330.33-0.100.330.29

Profit & Loss (Annual)

Figures in USD.

Metric Oct 2008Oct 2009Oct 2010Oct 2011Oct 2012Oct 2013Oct 2014Oct 2015Oct 2016Oct 2017Oct 2018Oct 2019Oct 2020Oct 2021Oct 2022Oct 2023Oct 2024Oct 2025
Revenue 6.75B6.53B7.22B7.90B8.23B8.75B9.32B9.26B9.52B9.17B----12.46B12.11B11.92B12.11B
Cost of Revenue --------------10.29B10.11B9.90B10.21B
Gross Profit 1.06B1.10B1.24B1.33B1.33B1.41B1.56B1.81B2.16B2.00B1.98B1.88B1.83B-2.16B2.00B2.02B1.89B
Operating Expenses --------------879.26M942.17M1.01B996.62M
Operating Income ----781.19M805.99M931.62M1.07B1.32B1.28B1.18B1.20B1.10B-1.29B1.06B1.02B895.19M
EBITDA --------------1.58B1.34B1.37B1.01B
Interest Expense --------------62.52M73.40M80.89M78.04M
Pretax Income --------------1.28B1.01B1.04B663.45M
Tax Provision --------------277.88M220.55M230.80M185.68M
Net Income 285.50M342.81M395.59M474.19M500.05M526.21M602.68M686.09M890.05M846.74M1.01B978.81M908.08M-999.99M793.57M805.04M478.20M
Diluted EPS 2.081.271.461.741.861.951.121.271.641.571.861.801.66-1.821.451.470.87
R&D Expense -25.40M27.60M29.40M29.80M29.90M29.90M32.00M34.70M34.20M33.80M32.50M31.90M33.60M34.70M33.70M36.10M35.20M

Compounded Sales Growth

5 Years:-0.95%
1 Year:-2.90%

Compounded Profit Growth

5 Years:-21.80%
1 Year:-5.10%

Stock Price Performance

1 Year:-20.50%
6 Months:+3.84%
3 Months:-7.97%
1 Month:+11.36%

Balance Sheet (Annual)

Figures in USD.

Metric Oct 2007Oct 2008Oct 2009Oct 2010Oct 2011Oct 2012Oct 2013Oct 2014Oct 2015Oct 2016Oct 2017Oct 2018Oct 2019Oct 2020Oct 2021Oct 2022Oct 2023Oct 2024Oct 2025
Total Assets --3.69B4.05B4.24B4.56B4.92B5.46B6.14B6.98B6.98B8.14B8.11B9.91B-13.31B13.45B13.43B13.39B
Current Assets ---------------3.64B3.30B3.25B3.41B
Cash & Equivalents 149.75M154.78M385.25M467.85M463.13M682.39M434.01M334.17M347.24M415.14M444.12M459.14M672.90M1.71B-982.11M736.53M741.88M670.68M
Inventory ---------------1.72B1.68B1.58B1.75B
Receivables ---------------867.59M817.39M817.91M784.81M
Total Liabilities ---------------5.77B5.71B5.43B5.48B
Current Liabilities --685.03M1.10B778.19M786.30M784.01M954.69M1.21B1.05B1.06B1.14B1.11B1.50B-1.47B2.31B1.40B1.38B
Long Term Debt --350.00M0250.00M250.00M250.00M250.00M250.00M250.00M250.00M624.84M250.00M1.04B-3.29B2.36B2.85B2.85B
Total Debt ---------------3.30B3.31B2.86B2.86B
Total Equity --2.12B2.40B2.66B2.82B3.31B3.61B4.00B4.45B4.94B5.60B5.92B6.43B-7.54B7.73B7.99B7.90B
Shares Outstanding ---------------546.24M546.60M548.61M550.11M

Cash Flows (Annual)

Figures in USD.

Metric Oct 2008Oct 2009Oct 2010Oct 2011Oct 2012Oct 2013Oct 2014Oct 2015Oct 2016Oct 2017Oct 2018Oct 2019Oct 2020Oct 2021Oct 2022Oct 2023Oct 2024Oct 2025
Operating Cash Flow 271.62M558.77M485.53M----991.99M1.04B1.03B1.24B923.00M1.13B-1.13B1.05B1.27B845.25M
Investing Cash Flow -154.22M-85.23M-258.48M-----900.95M-408.47M-587.18M-1.24B220.15M-656.32M--258.04M-689.54M-236.91M-298.59M
Financing Cash Flow -112.37M-243.07M-144.46M-----70.63M-557.30M-418.77M11.64M-926.24M566.17M--486.68M-600.06M-1.03B-614.00M
Capital Expenditure -125.89M-96.96M-89.82M-96.91M-132.30M-106.76M-159.14M-144.06M-255.52M-221.29M-389.61M-293.84M-367.50M--278.92M-270.21M-256.44M-310.90M
Free Cash Flow 145.73M461.81M395.71M----847.93M784.50M812.60M852.12M629.16M760.52M-856.06M777.64M1.01B534.35M
Net Change in Cash --------------390.26M-241.76M-265.00K-67.34M
Share Buybacks 69.55M38.15M69.57M152.93M61.37M70.82M58.94M24.93M87.89M94.49M46.90M174.25M12.36M19.96M012.30M00

Ratios (Annual)

Figures in %.

Metric Oct 2008Oct 2009Oct 2010Oct 2011Oct 2012Oct 2013Oct 2014Oct 2015Oct 2016Oct 2017Oct 2018Oct 2019Oct 2020Oct 2021Oct 2022Oct 2023Oct 2024Oct 2025
Gross Margin % 15.7%16.8%17.2%16.9%16.2%16.1%16.8%19.5%22.7%21.8%----17.4%16.5%17.0%15.6%
Operating Margin % ----9.5%9.2%10.0%11.5%13.9%13.9%----10.3%8.7%8.5%7.4%
Net Margin % 4.2%5.2%5.5%6.0%6.1%6.0%6.5%7.4%9.3%9.2%----8.0%6.6%6.8%4.0%
ROE % -16.2%16.5%17.8%17.7%15.9%16.7%17.2%20.0%17.2%18.1%16.5%14.1%-13.3%10.3%10.1%6.1%
ROCE % ----20.7%19.5%20.7%21.7%22.4%21.6%16.8%17.1%13.1%-10.9%9.5%8.4%7.5%

Shareholding Pattern

Insiders
0.47%
Institutions
93.85%
Public Float
94.30%

Top Institutional Holders

#Holder% HeldSharesValue
1 State Street Corporation 4.99% 27.48M $638.32M
2 Blackrock Inc. 4.31% 23.71M $550.81M
3 Vanguard Capital Management LLC 3.50% 19.27M $447.72M
4 Invesco Ltd. 2.71% 14.92M $346.55M
5 Vanguard Portfolio Management LLC 2.67% 14.68M $341.09M
6 Two Sigma Investments, LP 2.18% 11.99M $278.45M
7 Geode Capital Management, LLC 1.48% 8.17M $189.75M
8 Morgan Stanley 1.30% 7.14M $165.89M
9 ProShare Advisors, LLC 1.24% 6.82M $158.50M
10 Dimensional Fund Advisors LP 1.24% 6.85M $159.11M

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