Hormel Foods Corporation, doing business as Hormel Foods or simply Hormel, is an American multinational food processing company founded in 1891 in Austin, Minnesota, by George A. Hormel as George A. Hormel & Company. The company originally focused on the packaging and selling of ham, sausage and other pork, chicken, beef and lamb products to consumers, adding Spam in 1937. By the 1980s, Hormel began offering a wider range of packaged and refrigerated foods. The company changed its name to Hormel Foods Corporation in 1993 and uses the Hormel brand on many of its products; the company's other brands include Planters, Columbus Craft Meats, Dinty Moore, Jennie-O, and Skippy. The company's products are available in over 80 countries.
| trading_symbol | registrant_name | time | price | change | percentage_change |
|---|---|---|---|---|---|
| HRL | HORMEL FOODS CORP /DE/ | 2025-12-31 19:45:08 | 23.86 | 0.16 | 0.68 |
| trading_symbol | central_index_key | registrant_name | isin_number | lei_number | ein_number | exchange | sic_code | sic_description | fiscal_year_end | state_of_incorporation | address_street | address_city | address_state | address_zip_code | address_country | address_country_code | phone_number | mailing_address | business_address | former_name | industry | founding_date | chief_executive_officer | number_of_employees | website | market_cap | shares_issued | shares_outstanding | description | update_time |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| HRL | 0000048465 | HORMEL FOODS CORP /DE/ | US4404521001 | MSD54751OJP1FS2ND863 | 410319970 | NYSE | 2011 | Meat Packing Plants | 1026 | DE | 1 HORMEL PL | AUSTIN | MN | 55912-3680 | UNITED STATES | US | (507) 437-5611 | 1 HORMEL PLACE, AUSTIN, MN, 55912-3680 | 1 HORMEL PL, AUSTIN, MN, 55912-3680 | HORMEL GEO A & CO | Food processing | 1891 | Jeff Ettinger | 20,000 | http://hormelfoods.com | 8,637,339,615 | — | — | Hormel Foods Corporation, doing business as Hormel Foods or simply Hormel, is an American multinational food processing company founded in 1891 in Austin, Minnesota, by George A. Hormel as George A. Hormel & Company. The company originally focused on the packaging and selling of ham, sausage and other pork, chicken, beef and lamb products to consumers, adding Spam in 1937. By the 1980s, Hormel began offering a wider range of packaged and refrigerated foods. The company changed its name to Hormel Foods Corporation in 1993 and uses the Hormel brand on many of its products; the company's other brands include Planters, Columbus Craft Meats, Dinty Moore, Jennie-O, and Skippy. The company's products are available in over 80 countries. | 2025-12-25 16:00:04 |
| Fiscal Year | Market Cap | Change In Market Cap | Percentage Change In Market Cap | Shares Outstanding | Change In Shares Outstanding | Percentage Change In Shares Outstanding |
|---|---|---|---|---|---|---|
| 2025 | 8,637,339,615 | -1,612,803,921 | -15.7345 | — | — | — |
| 2024 | 10,250,143,536 | -1,411,247,449 | -12.1019 | — | — | — |
| 2023 | 11,661,390,985 | -3,434,523,693 | -22.7513 | — | — | — |
| Executive Name | Executive Position | Fiscal Year | Salary | Bonus | Stock Awards | Incentive Plan Compensation | Other Compensation | Total Compensation |
|---|---|---|---|---|---|---|---|---|
| Jacinth C. Smiley | Executive Vice President, Chief Financial Officer | 2025 | 606,731 | 0 | 715,018 | 521,800 | 84,181 | 2,730,149 |
| John F. Ghingo | President | 2025 | 561,923 | 0 | 515,424 | 534,474 | 168,774 | 2,401,213 |
| James P. Snee | President, Chief Executive Officer | 2025 | 1,050,000 | 0 | 2,000,013 | 1,453,000 | 341,315 | 7,395,224 |
| Jeffrey M. Ettinger | Chief Executive Officer | 2025 | 323,077 | 0 | 1,800,022 | 380,769 | 64,819 | 6,428,699 |
| Colleen R. Batcheler | Senior Vice President, General Counsel, Corporate Secretary | 2025 | 561,346 | 0 | 485,032 | 437,600 | 180,289 | 2,195,864 |
| Fiscal Year | Employee Count |
|---|---|
| 2023 | 20,000 |
| 2022 | 20,000 |
| 2021 | 20,000 |
| Fiscal Year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Revenue | 12,106,160,000 | 11,920,797,000 | 12,110,010,000 |
| Cost Of Revenue | 10,214,344,000 | 9,898,659,000 | 10,110,169,000 |
| Gross Profit | 1,891,816,000 | 2,022,138,000 | 1,999,841,000 |
| Research And Development Expenses | 35,200,000 | 36,100,000 | 33,700,000 |
| General And Administrative Expenses | 996,624,000 | 1,005,294,000 | 942,167,000 |
| Operating Expenses | — | — | — |
| Operating Income | 718,603,000 | 1,067,932,000 | 1,072,046,000 |
| Net Income | 478,197,000 | 805,038,000 | 793,572,000 |
| Earnings Per Share Basic | 0.87 | 1.47 | 1.45 |
| Earnings Per Share Diluted | 0.87 | 1.47 | 1.45 |
| Weighted Average Shares Outstanding Basic | 550,164,000 | 548,129,000 | 546,421,000 |
| Weighted Average Shares Outstanding Diluted | 550,496,000 | 548,832,000 | 548,982,000 |
| Fiscal Year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Cash And Cash Equivalents | 670,679,000 | 741,881,000 | 736,532,000 |
| Marketable Securities Current | 32,909,000 | 24,742,000 | 16,664,000 |
| Accounts Receivable | 784,812,000 | 817,908,000 | 817,391,000 |
| Inventories | 1,747,279,000 | 1,576,300,000 | 1,680,406,000 |
| Non Trade Receivables | 96,791,000 | 50,380,000 | 7,242,000 |
| Other Assets Current | — | — | — |
| Total Assets Current | 3,405,656,000 | 3,246,476,000 | 3,297,249,000 |
| Marketable Securities Non Current | — | — | — |
| Property Plant And Equipment | — | — | — |
| Other Assets Non Current | 431,500,000 | 411,889,000 | 370,252,000 |
| Total Assets Non Current | 9,987,463,000 | 10,188,253,000 | 10,151,523,000 |
| Total Assets | 13,393,119,000 | 13,434,729,000 | 13,448,772,000 |
| Accounts Payable | 731,578,000 | 735,604,000 | 771,397,000 |
| Deferred Revenue | — | — | — |
| Short Term Debt | 6,646,000 | 7,813,000 | 950,529,000 |
| Other Liabilities Current | 55,772,000 | 66,380,000 | 51,679,000 |
| Total Liabilities Current | 1,380,796,000 | 1,399,299,000 | 2,311,776,000 |
| Long Term Debt | 2,850,778,000 | 2,850,944,000 | 2,358,719,000 |
| Other Liabilities Non Current | 225,397,000 | 211,219,000 | 191,917,000 |
| Total Liabilities Non Current | — | — | — |
| Total Liabilities | — | — | — |
| Common Stock | 0 | 0 | 0 |
| Retained Earnings | 7,516,690,000 | 7,677,537,000 | 7,492,952,000 |
| Accumulated Other Comprehensive Income | -243,646,000 | -263,331,000 | -272,252,000 |
| Total Shareholders Equity | 7,901,171,000 | 7,993,420,000 | 7,734,885,000 |
| Fiscal Year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Depreciation And Amortization | 22,727,000 | 23,929,000 | 25,980,000 |
| Share Based Compensation Expense | 25,602,000 | 23,233,000 | 24,077,000 |
| Other Non Cash Income Expense | -3,067,000 | -16,292,000 | -20,034,000 |
| Change In Accounts Receivable | -32,730,000 | -1,899,000 | -48,998,000 |
| Change In Inventories | 172,274,000 | -95,283,000 | -35,714,000 |
| Change In Non Trade Receivables | — | — | — |
| Change In Other Assets | — | — | — |
| Change In Accounts Payable | -69,325,000 | -27,200,000 | -140,519,000 |
| Change In Other Liabilities | — | — | — |
| Cash From Operating Activities | 845,251,000 | 1,266,738,000 | 1,047,847,000 |
| Purchases Of Marketable Securities | 6,936,000 | 6,088,000 | 42,000 |
| Sales Of Marketable Securities | — | — | — |
| Acquisition Of Property Plant And Equipment | 310,902,000 | 256,441,000 | 270,211,000 |
| Acquisition Of Business | — | — | — |
| Other Investing Activities | — | — | — |
| Cash From Investing Activities | -298,592,000 | -236,907,000 | -689,544,000 |
| Tax Withholding For Share Based Compensation | — | — | — |
| Payments Of Dividends | 637,789,000 | 619,370,000 | 601,072,000 |
| Issuance Of Common Stock | — | — | — |
| Repurchase Of Common Stock | 0 | 0 | 12,303,000 |
| Issuance Of Long Term Debt | 0 | 497,765,000 | 1,980,000 |
| Repayment Of Long Term Debt | 7,830,000 | 959,017,000 | 8,827,000 |
| Other Financing Activities | — | — | — |
| Cash From Financing Activities | -613,996,000 | -1,030,096,000 | -600,064,000 |
| Change In Cash | -71,203,000 | 5,349,000 | -245,575,000 |
| Cash At End Of Period | 670,679,000 | 741,881,000 | 736,532,000 |
| Income Taxes Paid | 183,500,000 | 186,400,000 | 205,000,000 |
| Interest Paid | 74,579,000 | 70,300,000 | 57,100,000 |
| Fiscal Year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Earnings Per Share | 0.87 | 1.47 | 1.45 |
| Price To Earnings Ratio | 27.2874 | 21.0476 | 22.1103 |
| Earnings Growth Rate | -40.8163 | 1.3793 | -21.1957 |
| Price Earnings To Growth Ratio | -0.6685 | 15.2595 | -1.0432 |
| Book Value Per Share | 21.8341 | 21.9573 | 20.3817 |
| Price To Book Ratio | 1.0873 | 1.4091 | 1.573 |
| Ebitda | 762,462,000 | 1,096,261,000 | 1,097,954,000 |
| Enterprise Value | 15,247,638,360 | 19,075,987,260 | 20,090,973,260 |
| Dividend Yield | 0.0488 | 0.0365 | 0.0343 |
| Dividend Payout Ratio | 1.3337 | 0.7694 | 0.7574 |
| Debt To Equity Ratio | 0.3616 | 0.3576 | 0.4278 |
| Capital Expenditures | — | — | — |
| Free Cash Flow | — | — | — |
| Return On Equity | 0.0605 | 0.1007 | 0.1026 |
| One Year Beta | 0.088 | 0.1749 | 0.2529 |
| Three Year Beta | 0.162 | 0.226 | 0.1997 |
| Five Year Beta | 0.1697 | 0.3305 | 0.3535 |
| Insider Name | Relationship To Issuer | Transaction Date | Amount Of Securities | Acquired Or Disposed | Securities Owned Following Transaction |
|---|---|---|---|---|---|
| Murano Elsa A | Director | 2025-12-11 | 13,400 | D | 82,088 |
| Clark Mary Katherine | Senior Vice President | 2025-12-09 | 3,598 | A | 12,590 |
| Clark Mary Katherine | Senior Vice President | 2025-12-09 | 23,200 | A | 23,200 |
| Batcheler Colleen | Senior Vice President | 2025-12-09 | 21,160 | A | 49,602 |
| Batcheler Colleen | Senior Vice President | 2025-12-09 | 136,200 | A | 136,200 |
| Name Of Reporting Person | Type Of Reporting Person | Report Date | Transaction Type | Transaction Date | Owner Type | Amount |
|---|---|---|---|---|---|---|
| Thomas R Carper | Senator | 2017-09-06 | Purchase | 2017-08-31 | Spouse | $1,001 - $15,000 |
| Name Of Reporting Person | Report Date | State | Transaction Type | Transaction Date | Owner Type | Amount |
|---|---|---|---|---|---|---|
| Lisa McClain | 2025-10-22 | MI09 | Sale | 2025-09-25 | Spouse | $1,001 - $15,000 |
| Lisa McClain | 2025-10-22 | MI09 | Purchase | 2025-09-11 | Spouse | $1,001 - $15,000 |
| Lisa McClain | 2025-08-13 | MI09 | Purchase | 2025-07-16 | Spouse | $1,001 - $15,000 |
| Lisa McClain | 2025-08-13 | MI09 | Sale | 2025-07-22 | Spouse | $1,001 - $15,000 |
| Jared Moskowitz | 2024-08-21 | FL23 | Purchase | 2023-07-14 | — | $1,001 - $15,000 |
| Investor Name | Period Of Report | Market Value | Amount Of Securities | Price Per Security |
|---|---|---|---|---|
| Cape Investment Advisory, Inc. | 2025-09-30 | 322 | 13 | 24.7692 |
| NEW MEXICO EDUCATIONAL RETIREMENT BOARD | 2025-09-30 | 325,000 | 13,146 | 24.7223 |
| TUDOR INVESTMENT CORP ET AL | 2025-09-30 | 779,310 | 31,500 | 24.74 |
| TUDOR INVESTMENT CORP ET AL | 2025-09-30 | 1,157,832 | 46,800 | 24.74 |
| Strategic Investment Solutions, Inc. /IL | 2025-09-30 | 3,464 | 140 | 24.7429 |
| Registrant Name | Period Of Report | Fund Name | Fund Symbol | Amount Of Units | Value In Usd | Percentage Value Compared To Assets |
|---|---|---|---|---|---|---|
| ETF Series Solutions | 2025-10-31 | Aptus Large Cap Enhanced Yield ETF | DUBS | 1,812 | 39,121.08 | 0.0145 |
| INVESCO EXCHANGE-TRADED FUND TRUST | 2025-10-31 | Invesco S&P 500 BuyWrite ETF | PBP | 1,582 | 34,155.38 | 0.0112 |
| INVESCO ACTIVELY MANAGED EXCHANGE-TRADED FUND TRUST | 2025-10-31 | Invesco S&P 500 Downside Hedged ETF | PHDG | 265 | 5,721.35 | 0.0079 |
| INVESCO EXCHANGE-TRADED FUND TRUST | 2025-10-31 | Invesco S&P 500 Equal Weight ETF | RSP | 5,777,485 | 124,735,901.15 | 0.1717 |
| Pacer Funds Trust | 2025-10-31 | Pacer Trendpilot US Large Cap ETF | PTLC | 17,182 | 370,959.38 | 0.0107 |