Hormel Foods Corporation
Hormel Foods Corporation develops, processes, and distributes various meat, nuts, and food products to retail, foodservice, deli, and commercial customers in the United States and internationally. The company operates through four segments: Grocery Produ…
Packaged Foods
US, Austin [HQ]
HRL/Financial Reporting
Income Statements
15 Sheets · Starting from 2023In Million USD. Margins, Growth Rates In %
| Metric | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 6,533.00 | 7,220.00 | 7,895.00 | 8,230.00 | 8,751.00 | 9,316.00 | 9,263.00 | 9,523.00 | 9,167.00 | 9,545.00 | 9,497.00 | 9,608.00 | 11,386.00 | 12,458.00 | 12,110.00 | |
|
EPS
|
0.64 | 0.74 | 0.89 | 0.95 | 1.00 | 1.14 | 1.30 | 1.68 | 1.60 | 1.91 | 1.83 | 1.69 | 1.68 | 1.84 | 1.45 | |
| Diluted in mil. | 0.63 | 0.73 | 0.87 | 0.93 | 0.98 | 1.12 | 1.27 | 1.64 | 1.57 | 1.86 | 1.80 | 1.66 | 1.66 | 1.82 | 1.45 | |
|
Profit
|
1,098.00 | 1,238.00 | 1,334.00 | 1,331.00 | 1,412.00 | 1,564.00 | 1,808.00 | 2,158.00 | 2,003.00 | 1,995.00 | 1,884.00 | 1,825.00 | 1,927.00 | 2,164.00 | 1,999.00 | |
| Gross Margin | 16.82 | 17.16 | 16.90 | 16.18 | 16.14 | 16.80 | 19.52 | 22.66 | 21.85 | 20.90 | 19.84 | 19.00 | 16.93 | 17.37 | 16.51 | |
| Pre Tax | 524.00 | 624.00 | 718.00 | 758.00 | 798.00 | 922.00 | 1,057.00 | 1,317.00 | 1,278.00 | 1,181.00 | 1,209.00 | 1,114.00 | 1,126.00 | 1,278.00 | 1,013.00 | |
| Profit Margin | 8.04 | 8.65 | 9.10 | 9.21 | 9.12 | 9.90 | 11.41 | 13.83 | 13.95 | 12.38 | 12.74 | 11.60 | 9.89 | 10.26 | 8.37 | |
| ETR | 34.70 | 35.99 | 33.34 | 33.41 | 33.62 | 34.28 | 34.99 | 32.39 | 33.75 | 14.28 | 19.06 | 18.51 | 19.27 | 21.74 | 21.76 | |
| Net | 342.00 | 395.00 | 474.00 | 500.00 | 526.00 | 602.00 | 686.00 | 890.00 | 846.00 | 1,012.00 | 978.00 | 908.00 | 908.00 | 999.00 | 793.00 | |
| Profit Margin | 5.25 | 5.48 | 6.01 | 6.08 | 6.01 | 6.47 | 7.41 | 9.35 | 9.24 | 10.60 | 10.31 | 9.45 | 7.98 | 8.03 | 6.55 | |
| EBITDA | 681.00 | 789.00 | 866.00 | 890.00 | 935.00 | 1,064.00 | 1,225.00 | 1,463.00 | 1,422.00 | 1,386.00 | 1,392.00 | 1,341.00 | 1,397.00 | 1,603.00 | 1,368.00 | |
| EBITDA Margin | 10.43 | 10.94 | 10.97 | 10.82 | 10.69 | 11.43 | 13.23 | 15.36 | 15.52 | 14.53 | 14.67 | 13.96 | 12.28 | 12.87 | 11.30 | |
| Operating Income | 533.00 | 646.00 | 742.00 | 764.00 | 805.00 | 931.00 | 1,067.00 | 1,323.00 | 1,280.00 | 1,198.00 | 1,196.00 | 1,100.00 | 1,122.00 | 1,312.00 | 1,072.00 | |
| Operating Margin | 8.16 | 8.95 | 9.40 | 9.29 | 9.21 | 10.00 | 11.52 | 13.90 | 13.97 | 12.56 | 12.60 | 11.45 | 9.86 | 10.54 | 8.85 | |
| Interest Income | 19.00 | 4.00 | - - | 6.00 | 4.00 | 3.00 | 2.00 | 6.00 | 10.00 | 8.00 | 31.00 | 35.00 | 46.00 | 28.00 | 14.00 | |
| Loss | -6,001.00 | -6,587.00 | -7,152.00 | -7,504.00 | -7,966.00 | -8,402.00 | -8,198.00 | -8,237.00 | -7,926.00 | -8,388.00 | -8,340.00 | -8,543.00 | -10,311.00 | -11,173.00 | -11,052.00 | |
| Cost of Revenue | -5,434.00 | -5,981.00 | -6,560.00 | -6,898.00 | -7,338.00 | -7,751.00 | -7,455.00 | -7,365.00 | -7,164.00 | -7,550.00 | -7,612.00 | -7,782.00 | -9,458.00 | -10,294.00 | -10,110.00 | |
|
Operating Expenses
|
-567.00 | -605.00 | -591.00 | -605.00 | -627.00 | -650.00 | -743.00 | -871.00 | -762.00 | -838.00 | -727.00 | -761.00 | -853.00 | -879.00 | -942.00 | |
| R&D | - - | - - | - - | -29.00 | -29.00 | -29.00 | -32.00 | -34.00 | -34.00 | -33.00 | -32.00 | -31.00 | -33.00 | -34.00 | -33.00 | |
| G&A | - - | - - | - - | -502.00 | -537.00 | -536.00 | -598.00 | -667.00 | -626.00 | -686.00 | -596.00 | -637.00 | -714.00 | -721.00 | -782.00 | |
| SG&A | -567.00 | -605.00 | -618.00 | -605.00 | -627.00 | -650.00 | -743.00 | -871.00 | -762.00 | -838.00 | -727.00 | -761.00 | -853.00 | -879.00 | -942.00 | |
| S&M | - - | - - | - - | -103.00 | -89.00 | -114.00 | -145.00 | -204.00 | -135.00 | -151.00 | -131.00 | -123.00 | -138.00 | -157.00 | -160.00 | |
| Depreciation and Amortization | -127.00 | -125.00 | -124.00 | -119.00 | -124.00 | -130.00 | -133.00 | -131.00 | -130.00 | -161.00 | -165.00 | -205.00 | -228.00 | -262.00 | -253.00 | |
| Interest Expenses | -27.00 | -26.00 | -23.00 | -12.00 | -12.00 | -12.00 | -13.00 | -12.00 | -12.00 | -26.00 | -18.00 | -21.00 | -43.00 | -62.00 | -73.00 | |
| Other Expenses | -1.00 | -13.00 | - - | -38.00 | -20.00 | -17.00 | -2.00 | -37.00 | -39.00 | -41.00 | -13.00 | -14.00 | -3.00 | -34.00 | -14.00 | |
|
WA Shares Outstanding
|
536.00 | 533.00 | 532.00 | 526.00 | 528.00 | 527.00 | 528.00 | 529.00 | 528.00 | 530.00 | 534.00 | 538.00 | 541.00 | 544.00 | 546.00 | |
| Diluted | 541.00 | 541.00 | 543.00 | 537.00 | 540.00 | 540.00 | 541.00 | 542.00 | 539.00 | 543.00 | 545.00 | 546.00 | 547.00 | 549.00 | 548.00 |