EdgarLookup

HORMEL FOODS CORP /DE/ — Financial Data

Annual figures from SEC EDGAR XBRL filings (10-K)

These figures are extracted directly from XBRL-tagged financial statements that HORMEL FOODS CORP /DE/ filed with the SEC as part of its annual 10-K reports. XBRL (eXtensible Business Reporting Language) is a structured data format the SEC requires for machine-readable financial disclosures. Values shown are as reported — negative figures indicate a loss and are shown in red.

Overview All Filings Annual Quarterly Insiders
19.2%
Profit Margin
Net income ÷ revenue
3.6%
Return on Assets
Net income ÷ assets
+12.9%
Revenue Growth
Year over year

Revenue (Net Sales)

Net sales revenue — gross revenue less returns, allowances, and discounts. Used by many manufacturers and retailers as the primary top-line figure.

Fiscal Year Period End Value Filed
FY2017 Oct 29, 2017 $2.49B Dec 20, 2017
FY2017 Jul 30, 2017 $2.21B Dec 20, 2017
FY2017 Apr 30, 2017 $2.19B Dec 20, 2017
FY2017 Jan 29, 2017 $2.28B Dec 20, 2017
FY2016 Oct 30, 2016 $2.63B Dec 21, 2016
FY2016 Jul 24, 2016 $2.30B Dec 21, 2016
FY2016 Apr 24, 2016 $2.30B Dec 21, 2016
FY2016 Jan 24, 2016 $2.29B Dec 21, 2016
FY2015 Oct 25, 2015 $2.40B Dec 16, 2015
FY2015 Jul 26, 2015 $2.19B Dec 16, 2015

Gross Profit

Revenue minus the cost of goods sold (COGS). Gross profit shows how much revenue remains to cover operating expenses, R&D, and administrative costs before calculating operating income.

Fiscal Year Period End Value Filed
FY2025 Oct 26, 2025 $1.89B Dec 5, 2025
FY2025 Oct 27, 2024 $2.02B Dec 5, 2025
FY2025 Oct 29, 2023 $2.00B Dec 5, 2025
FY2024 Oct 30, 2022 $2.16B Dec 5, 2024
FY2023 Oct 31, 2021 $1.93B Dec 6, 2023
FY2020 Oct 25, 2020 $457.77M Dec 4, 2020
FY2020 Jul 26, 2020 $422.43M Dec 4, 2020
FY2020 Apr 26, 2020 $477.35M Dec 4, 2020
FY2020 Jan 26, 2020 $468.42M Dec 4, 2020
FY2020 Oct 27, 2019 $493.72M Dec 4, 2020

Net Income

The bottom-line profit — what remains after all operating expenses, interest, taxes, and other costs are deducted. A negative value means the company reported a net loss for the year.

Fiscal Year Period End Value Filed
FY2025 Oct 26, 2025 $478.20M Dec 5, 2025
FY2025 Oct 27, 2024 $805.04M Dec 5, 2025
FY2025 Oct 29, 2023 $793.57M Dec 5, 2025
FY2024 Oct 30, 2022 $999.99M Dec 5, 2024
FY2023 Oct 31, 2021 $908.84M Dec 6, 2023
FY2020 Oct 25, 2020 $234.36M Dec 4, 2020
FY2020 Jul 26, 2020 $203.12M Dec 4, 2020
FY2020 Apr 26, 2020 $227.73M Dec 4, 2020
FY2020 Jan 26, 2020 $242.87M Dec 4, 2020
FY2020 Oct 27, 2019 $255.50M Dec 4, 2020

Operating Income

Profit from core business operations before interest expense and income taxes (also known as EBIT). Excludes non-operating items, making it a cleaner measure of operational efficiency than net income.

Fiscal Year Period End Value Filed
FY2025 Oct 26, 2025 $718.60M Dec 5, 2025
FY2025 Oct 27, 2024 $1.07B Dec 5, 2025
FY2025 Oct 29, 2023 $1.07B Dec 5, 2025
FY2024 Oct 30, 2022 $1.31B Dec 5, 2024
FY2023 Oct 31, 2021 $1.12B Dec 6, 2023
FY2022 Oct 25, 2020 $1.10B Dec 6, 2022
FY2021 Oct 27, 2019 $1.20B Dec 10, 2021
FY2020 Oct 28, 2018 $1.18B Dec 4, 2020
FY2019 Oct 29, 2017 $1.28B Dec 6, 2019
FY2018 Oct 30, 2016 $1.32B Dec 7, 2018

R&D Expense

Spending on research and development activities — developing new products, improving existing ones, or conducting basic research. High R&D relative to revenue is common in technology and pharmaceutical companies.

Fiscal Year Period End Value Filed
FY2025 Oct 26, 2025 $35.20M Dec 5, 2025
FY2025 Oct 27, 2024 $36.10M Dec 5, 2025
FY2025 Oct 29, 2023 $33.70M Dec 5, 2025
FY2024 Oct 30, 2022 $34.70M Dec 5, 2024
FY2023 Oct 31, 2021 $33.60M Dec 6, 2023
FY2022 Oct 25, 2020 $31.90M Dec 6, 2022
FY2021 Oct 27, 2019 $32.50M Dec 10, 2021
FY2020 Oct 28, 2018 $33.80M Dec 4, 2020
FY2019 Oct 29, 2017 $34.20M Dec 6, 2019
FY2018 Oct 30, 2016 $34.70M Dec 7, 2018

SG&A Expense

Selling, general, and administrative expenses — the overhead costs of running the business, including salaries, marketing, legal fees, and corporate office costs. Excludes COGS and R&D.

Fiscal Year Period End Value Filed
FY2025 Oct 26, 2025 $996.62M Dec 5, 2025
FY2025 Oct 27, 2024 $1.01B Dec 5, 2025
FY2025 Oct 29, 2023 $942.17M Dec 5, 2025
FY2024 Oct 30, 2022 $879.27M Dec 5, 2024
FY2023 Oct 31, 2021 $853.07M Dec 6, 2023
FY2022 Oct 25, 2020 $761.32M Dec 6, 2022
FY2021 Oct 27, 2019 $727.58M Dec 10, 2021
FY2020 Oct 28, 2018 $841.21M Dec 4, 2020
FY2019 Oct 29, 2017 $759.30M Dec 6, 2019
FY2018 Oct 30, 2016 $871.97M Dec 7, 2018

Operating Cash Flow

Cash generated from core business operations — a more reliable measure of financial health than net income because it strips out non-cash items like depreciation and one-time charges.

Fiscal Year Period End Value Filed
FY2025 Oct 26, 2025 $845.25M Dec 5, 2025
FY2025 Oct 27, 2024 $1.27B Dec 5, 2025
FY2025 Oct 29, 2023 $1.05B Dec 5, 2025
FY2024 Oct 30, 2022 $1.13B Dec 5, 2024
FY2023 Oct 31, 2021 $1.00B Dec 6, 2023
FY2022 Oct 25, 2020 $1.13B Dec 6, 2022
FY2021 Oct 27, 2019 $923.00M Dec 10, 2021
FY2020 Oct 28, 2018 $1.24B Dec 4, 2020
FY2019 Oct 29, 2017 $1.03B Dec 6, 2019
FY2018 Oct 30, 2016 $1.04B Dec 7, 2018

Capital Expenditures (Capex)

Cash spent on acquiring or upgrading physical assets — property, equipment, and infrastructure. High capex businesses include manufacturing, telecom, and energy companies.

Fiscal Year Period End Value Filed
FY2025 Oct 26, 2025 $310.90M Dec 5, 2025
FY2025 Oct 27, 2024 $256.44M Dec 5, 2025
FY2025 Oct 29, 2023 $270.21M Dec 5, 2025
FY2024 Oct 30, 2022 $278.92M Dec 5, 2024
FY2023 Oct 31, 2021 $232.42M Dec 6, 2023
FY2022 Oct 25, 2020 $367.50M Dec 6, 2022
FY2021 Oct 27, 2019 $293.84M Dec 10, 2021
FY2020 Oct 28, 2018 $389.61M Dec 4, 2020
FY2019 Oct 29, 2017 $221.29M Dec 6, 2019
FY2018 Oct 30, 2016 $255.52M Dec 7, 2018

Total Assets

The total value of everything the company owns or controls — cash, investments, receivables, property, equipment, and intangibles. Reported as of fiscal year end.

Fiscal Year Period End Value Filed
FY2025 Oct 26, 2025 $13.39B Dec 5, 2025
FY2025 Oct 27, 2024 $13.43B Dec 5, 2025
FY2024 Oct 29, 2023 $13.45B Dec 5, 2024
FY2023 Oct 30, 2022 $13.31B Dec 6, 2023
FY2022 Oct 31, 2021 $12.70B Dec 6, 2022
FY2021 Oct 25, 2020 $9.91B Dec 10, 2021
FY2021 Oct 27, 2019 $8.11B Dec 10, 2021
FY2020 Oct 28, 2018 $8.14B Dec 4, 2020
FY2018 Oct 29, 2017 $6.98B Dec 7, 2018
FY2019 Oct 30, 2016 $6.98B Dec 6, 2019

Stockholders Equity

The net worth attributable to shareholders: total assets minus total liabilities. Also called book value. Can be negative if liabilities exceed assets, which is common in capital-intensive industries.

Fiscal Year Period End Value Filed
FY2025 Oct 26, 2025 $7.90B Dec 5, 2025
FY2025 Oct 27, 2024 $7.99B Dec 5, 2025
FY2024 Oct 29, 2023 $7.73B Dec 5, 2024
FY2023 Oct 30, 2022 $7.54B Dec 6, 2023
FY2022 Oct 31, 2021 $6.97B Dec 6, 2022
FY2021 Oct 25, 2020 $6.43B Dec 10, 2021
FY2020 Oct 27, 2019 $5.92B Dec 4, 2020
FY2019 Oct 28, 2018 $5.60B Dec 6, 2019
FY2018 Oct 29, 2017 $4.94B Dec 7, 2018
FY2017 Oct 30, 2016 $4.45B Dec 20, 2017

Goodwill

An intangible asset representing the premium paid above fair value when acquiring another company. A large goodwill balance signals a history of acquisitions at premium prices.

Fiscal Year Period End Value Filed
FY2025 Oct 26, 2025 $4.92B Dec 5, 2025
FY2025 Oct 27, 2024 $4.92B Dec 5, 2025
FY2025 Oct 29, 2023 $4.93B Dec 5, 2025
FY2024 Oct 30, 2022 $4.93B Dec 5, 2024
FY2023 Oct 31, 2021 $4.93B Dec 6, 2023
FY2022 Oct 25, 2020 $2.61B Dec 6, 2022
FY2021 Oct 27, 2019 $2.48B Dec 10, 2021
FY2020 Oct 28, 2018 $2.71B Dec 4, 2020
FY2019 Oct 29, 2017 $2.12B Dec 6, 2019
FY2018 Oct 30, 2016 $1.83B Dec 7, 2018

Retained Earnings

Cumulative net income kept by the company rather than distributed as dividends. A growing retained earnings balance indicates consistent profitability; a deficit indicates cumulative losses.

Fiscal Year Period End Value Filed
FY2025 Oct 26, 2025 $7.52B Dec 5, 2025
FY2025 Oct 27, 2024 $7.68B Dec 5, 2025
FY2024 Oct 29, 2023 $7.49B Dec 5, 2024
FY2023 Oct 30, 2022 $7.31B Dec 6, 2023
FY2022 Oct 31, 2021 $6.88B Dec 6, 2022
FY2021 Oct 25, 2020 $6.52B Dec 10, 2021
FY2020 Oct 27, 2019 $6.13B Dec 4, 2020
FY2019 Oct 28, 2018 $5.73B Dec 6, 2019
FY2018 Oct 29, 2017 $5.16B Dec 7, 2018
FY2017 Oct 30, 2016 $4.74B Dec 20, 2017

Cash & Equivalents

Highly liquid assets the company holds — cash on hand, bank balances, and short-term investments with maturities of three months or less. A key indicator of short-term financial health.

Fiscal Year Period End Value Filed
FY2025 Oct 26, 2025 $670.68M Dec 5, 2025
FY2025 Oct 27, 2024 $741.88M Dec 5, 2025
FY2024 Oct 29, 2023 $736.53M Dec 5, 2024
FY2023 Oct 30, 2022 $982.11M Dec 6, 2023
FY2022 Oct 31, 2021 $613.53M Dec 6, 2022
FY2021 Oct 25, 2020 $1.71B Dec 10, 2021
FY2020 Oct 27, 2019 $672.90M Dec 4, 2020
FY2019 Oct 28, 2018 $459.14M Dec 6, 2019
FY2018 Oct 29, 2017 $444.12M Dec 7, 2018
FY2018 Oct 30, 2016 $415.14M Dec 7, 2018

EPS (Basic)

Net income divided by the weighted average shares outstanding. Basic EPS does not account for dilutive securities like options or convertible bonds — use diluted EPS for a more conservative view.

Fiscal Year Period End Value Filed
FY2025 Oct 26, 2025 0 Dec 5, 2025
FY2025 Oct 27, 2024 1 Dec 5, 2025
FY2025 Oct 29, 2023 1 Dec 5, 2025
FY2024 Oct 30, 2022 1 Dec 5, 2024
FY2023 Oct 31, 2021 1 Dec 6, 2023
FY2020 Oct 25, 2020 0 Dec 4, 2020
FY2020 Jul 26, 2020 0 Dec 4, 2020
FY2020 Apr 26, 2020 0 Dec 4, 2020
FY2020 Jan 26, 2020 0 Dec 4, 2020
FY2020 Oct 27, 2019 0 Dec 4, 2020

EPS (Diluted)

Net income divided by the fully diluted share count — including all potential shares from options, warrants, and convertible instruments. The more conservative and widely cited EPS figure.

Fiscal Year Period End Value Filed
FY2025 Oct 26, 2025 0 Dec 5, 2025
FY2025 Oct 27, 2024 1 Dec 5, 2025
FY2025 Oct 29, 2023 1 Dec 5, 2025
FY2024 Oct 30, 2022 1 Dec 5, 2024
FY2023 Oct 31, 2021 1 Dec 6, 2023
FY2020 Oct 25, 2020 0 Dec 4, 2020
FY2020 Jul 26, 2020 0 Dec 4, 2020
FY2020 Apr 26, 2020 0 Dec 4, 2020
FY2020 Jan 26, 2020 0 Dec 4, 2020
FY2020 Oct 27, 2019 0 Dec 4, 2020

Dividends Paid

Cash dividends distributed to common shareholders during the period. Shown as a positive value despite being a cash outflow in the SEC filing.

Fiscal Year Period End Value Filed
FY2025 Oct 26, 2025 $633.19M Dec 5, 2025
FY2025 Oct 27, 2024 $614.96M Dec 5, 2025
FY2025 Oct 29, 2023 $592.93M Dec 5, 2025
FY2024 Oct 30, 2022 $557.84M Dec 5, 2024
FY2023 Oct 31, 2021 $523.11M Dec 6, 2023
FY2022 Oct 25, 2020 $487.38M Dec 6, 2022
FY2021 Oct 27, 2019 $437.05M Dec 10, 2021
FY2020 Oct 28, 2018 $388.11M Dec 4, 2020
FY2019 Oct 29, 2017 $346.01M Dec 6, 2019
FY2018 Oct 30, 2016 $296.49M Dec 7, 2018