Hormel Foods Corporation
Profit after direct costs
Core business profitability
Bottom line profitability
Top line growth rate
Flow of revenue through cost categories to net income
| Item | Trend | 2021 | 2022 | 2023 | 2024 | 2025 | YoY Change |
|---|---|---|---|---|---|---|---|
Total Revenue | 11.39B | 12.46B | 12.11B | 11.92B | 12.11B | 1.6% | |
| Cost of Revenue | (9.46B) | (10.29B) | (10.11B) | (9.90B) | (10.21B) | 3.2% | |
Gross Profit | 1.93B | 2.16B | 2.00B | 2.02B | 1.89B | -6.4% | |
| Operating Expenses | |||||||
| Research & Development | — | — | — | — | — | — | |
| Selling, General & Administrative | (853.07M) | (879.26M) | (942.17M) | (1.01B) | (996.62M) | -0.9% | |
| Depreciation & Amortization | (209.31M) | (235.88M) | (253.31M) | (257.76M) | (263.90M) | 2.4% | |
Operating Income (EBIT) | 1.12B | 1.31B | 1.07B | 1.07B | 718.60M | -32.7% | |
| Non-Operating Items | |||||||
| Interest Income | 46.88M | 28.01M | 14.83M | 48.40M | 24.23M | -49.9% | |
| Interest Expense | (43.31M) | (62.52M) | (73.40M) | (80.89M) | (78.04M) | -3.5% | |
| Other Income/Expenses (Net) | 3.57M | -34.50M | -58.57M | -32.50M | -55.15M | 69.7% | |
Income Before Tax | 1.13B | 1.28B | 1.01B | 1.04B | 663.45M | -35.9% | |
| Income Tax Expense | (217.03M) | (277.88M) | (220.55M) | (230.80M) | (185.69M) | -19.5% | |
Net Income | 908.84M | 999.99M | 793.57M | 805.04M | 478.20M | -40.6% | |
| Per Share Metrics | |||||||
| Earnings Per Share (Basic) | $2 | $2 | $1 | $1 | $1 | -40.8% | |
| Weighted Avg Shares Outstanding | 541.11M | 544.92M | 546.42M | 548.13M | 550.16M | 0.4% | |
| Weighted Avg Shares Outstanding (Diluted) | 547.58M | 549.57M | 548.98M | 548.83M | 550.50M | 0.3% | |
EBITDA | 1.38B | 1.58B | 1.34B | 1.37B | 1.01B | -26.8% |
Explore HRL
HRL in the Consumer Defensive
Large Cap