For the twelve months ended Jul 26, 2026, Hormel Foods Corporation reported $12.15B of revenue and $342.71M of net income.
HRL revenue was $2.96B in fiscal Q3 2026 (ended Jul 26, 2026), down 2.4% from a year earlier and down 0.4% from the prior quarter. For the full fiscal 2025 it was $12.11B, up 1.6% from fiscal 2024. Compound annual growth was +4.7% over 5 years and +2.7% over 10 years. It rose in 6 of the last 10 fiscal years.
HRL net income was $59.57M in fiscal Q3 2026 (ended Jul 26, 2026), down 67.6% from a year earlier and down 62.2% from the prior quarter. For the full fiscal 2025 it was $478.20M, down 40.6% from fiscal 2024. Compound annual growth was -12.0% over 5 years and -3.5% over 10 years. It rose in 5 of the last 10 fiscal years.
HRL diluted EPS was $0.11 in fiscal Q3 2026 (ended Jul 26, 2026), down 66.7% from a year earlier and down 62.1% from the prior quarter. For the full fiscal 2025 it was $0.87, down 40.8% from fiscal 2024. Compound annual growth was -12.1% over 5 years and -3.7% over 10 years.
HRL free cash flow was $172.44M in fiscal Q3 2026 (ended Jul 26, 2026), up 104.1% from a year earlier and up 78.2% from the prior quarter. For the full fiscal 2025 it was $534.35M, down 47.1% from fiscal 2024. Compound annual growth was -6.8% over 5 years and -4.5% over 10 years. It rose in 6 of the last 10 fiscal years.
| Line item | Oct 26, 2025 | Oct 27, 2024 | Oct 29, 2023 | Oct 30, 2022 | Oct 31, 2021 | Oct 25, 2020 | Oct 27, 2019 | Oct 28, 2018 | Oct 29, 2017 | Oct 30, 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $12.11B | $11.92B | $12.11B | $12.46B | $11.39B | $9.61B | $9.50B | $9.55B | $9.17B | $9.52B |
| Cost of revenue | $10.21B | $9.90B | $10.11B | $10.29B | $9.46B | $7.78B | $7.61B | $7.57B | $7.17B | $7.37B |
| Gross profit | $1.89B | $2.02B | $2.00B | $2.16B | $1.93B | $1.83B | $1.88B | $1.98B | $2.00B | $2.16B |
| Research and development | $35.20M | $36.10M | $33.70M | $34.70M | $33.60M | $31.90M | $32.50M | $33.80M | $34.20M | $34.70M |
| Selling, general and admin | $996.62M | $1.01B | $942.17M | $879.26M | $853.07M | $761.32M | $727.58M | $841.21M | $759.30M | $871.97M |
| Operating income | $718.60M | $1.07B | $1.07B | $1.31B | $1.12B | $1.10B | $1.20B | $1.18B | $1.28B | $1.32B |
| Interest expense | $78.04M | $80.89M | $73.40M | $62.52M | $43.31M | $21.07M | $18.07M | $26.49M | $12.68M | $12.87M |
| Pre-tax income | $663.45M | $1.04B | $1.01B | $1.28B | $1.13B | $1.11B | $1.21B | $1.18B | $1.28B | $1.32B |
| Income tax | $185.68M | $230.80M | $220.55M | $277.88M | $217.03M | $206.39M | $230.57M | $168.70M | $431.54M | $426.70M |
| Net income | $478.20M | $805.04M | $793.57M | $999.99M | $908.84M | $908.08M | $978.81M | $1.01B | $846.74M | $890.05M |
| EPS, basic | $0.87 | $1.47 | $1.45 | $1.84 | $1.68 | $1.69 | $1.83 | $1.91 | $1.60 | $1.68 |
| EPS, diluted | $0.87 | $1.47 | $1.45 | $1.82 | $1.66 | $1.66 | $1.80 | $1.86 | $1.57 | $1.64 |
| Diluted shares | 550.5M | 548.8M | 549.0M | 549.6M | 547.6M | 546.6M | 545.2M | 543.9M | 539.1M | 542.5M |
| Line item | Oct 26, 2025 | Oct 27, 2024 | Oct 29, 2023 | Oct 30, 2022 | Oct 31, 2021 | Oct 25, 2020 | Oct 27, 2019 | Oct 28, 2018 | Oct 29, 2017 | Oct 30, 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $670.68M | $741.88M | $736.53M | $982.11M | $613.53M | $1.71B | $672.90M | $459.14M | $444.12M | $415.14M |
| Short-term investments | $32.91M | $24.74M | $16.66M | $16.15M | $21.16M | $17.34M | $14.74M | $0 | - | - |
| Receivables | $784.81M | $817.91M | $817.39M | $867.59M | $895.72M | $702.42M | $574.40M | $600.44M | $618.35M | $591.31M |
| Inventory | $1.75B | $1.58B | $1.68B | $1.72B | $1.37B | $1.07B | $1.04B | $963.53M | $921.02M | $985.68M |
| Current assets | $3.41B | $3.25B | $3.30B | $3.64B | $2.95B | $3.58B | $2.36B | $2.05B | $2.03B | $2.03B |
| Goodwill | $4.92B | $4.92B | $4.93B | $4.93B | $4.93B | $2.61B | $2.48B | $2.71B | $2.12B | $1.83B |
| Total assets | $13.39B | $13.43B | $13.45B | $13.31B | $12.70B | $9.91B | $8.11B | $8.14B | $6.98B | $6.98B |
| Current liabilities | $1.38B | $1.40B | $2.31B | $1.47B | $1.42B | $1.50B | $1.11B | $1.14B | $1.06B | $1.05B |
| Short-term debt | $6.65M | $7.81M | $950.53M | $8.80M | $8.76M | $258.69M | $0 | $0 | $0 | - |
| Long-term debt | $2.85B | $2.85B | $2.36B | $3.29B | $3.32B | $1.04B | $250.00M | $624.84M | $250.00M | $250.00M |
| Total debt | $2.86B | $2.86B | $3.31B | $3.30B | $3.32B | $1.30B | $250.00M | $624.84M | $250.00M | $250.00M |
| Total liabilities | $5.48B | $5.43B | $5.71B | $5.77B | $5.72B | $3.48B | $2.18B | $2.54B | $2.04B | $1.92B |
| Shareholders' equity | $7.90B | $8.00B | $7.74B | $7.54B | $6.98B | $6.43B | $5.93B | $5.60B | $4.94B | $4.45B |
| Line item | Oct 26, 2025 | Oct 27, 2024 | Oct 29, 2023 | Oct 30, 2022 | Oct 31, 2021 | Oct 25, 2020 | Oct 27, 2019 | Oct 28, 2018 | Oct 29, 2017 | Oct 30, 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $845.25M | $1.27B | $1.05B | $1.13B | $1.00B | $1.13B | $923.00M | $1.24B | $1.03B | $1.04B |
| Capital expenditures | $310.90M | $256.44M | $270.21M | $278.92M | $232.42M | $367.50M | $293.84M | $389.61M | $221.29M | $255.52M |
| Free cash flow | $534.35M | $1.01B | $777.64M | $856.06M | $769.52M | $760.52M | $629.16M | $852.12M | $812.60M | $784.50M |
| Investing cash flow | -$298.59M | -$236.91M | -$689.54M | -$258.04M | -$3.63B | -$656.32M | $220.15M | -$1.24B | -$587.18M | -$408.47M |
| Financing cash flow | -$614.00M | -$1.03B | -$600.06M | -$486.68M | $1.52B | $566.17M | -$926.24M | $11.64M | -$418.77M | -$557.30M |
| Dividends paid | $633.19M | $614.96M | $592.93M | $557.84M | $523.11M | $487.38M | $437.05M | $388.11M | $346.01M | $296.49M |
| Share repurchases | $0 | $0 | $12.30M | $0 | $19.96M | $12.36M | $174.25M | $46.90M | $94.49M | $87.89M |
| Stock-based compensation | $25.60M | $23.23M | $24.08M | $24.94M | $24.74M | $22.46M | $19.71M | $20.59M | $15.59M | $17.83M |
| Depreciation and amortization | $263.90M | $257.76M | $253.31M | $235.88M | $209.31M | $205.78M | $165.21M | $161.86M | $130.98M | $131.97M |
| Line item | Oct 26, 2025 | Oct 27, 2024 | Oct 29, 2023 | Oct 30, 2022 | Oct 31, 2021 | Oct 25, 2020 | Oct 27, 2019 | Oct 28, 2018 | Oct 29, 2017 | Oct 30, 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue growth, YoY | 1.6% | -1.6% | -2.8% | 9.4% | 18.5% | 1.2% | -0.5% | 4.1% | -3.7% | 2.8% |
| Net income growth, YoY | -40.6% | 1.4% | -20.6% | 10.0% | 0.1% | -7.2% | -3.3% | 19.5% | -4.9% | 29.7% |
| EPS growth, YoY | -40.8% | 1.4% | -20.3% | 9.6% | 0.0% | -7.8% | -3.2% | 18.5% | -4.3% | 29.1% |
| Gross margin | 15.6% | 17.0% | 16.5% | 17.4% | 16.9% | 19.0% | 19.8% | 20.7% | 21.8% | 22.7% |
| Operating margin | 5.9% | 9.0% | 8.9% | 10.5% | 9.9% | 11.5% | 12.6% | 12.4% | 13.9% | 13.9% |
| Net margin | 4.0% | 6.8% | 6.6% | 8.0% | 8.0% | 9.5% | 10.3% | 10.6% | 9.2% | 9.3% |
| Free cash flow margin | 4.4% | 8.5% | 6.4% | 6.9% | 6.8% | 7.9% | 6.6% | 8.9% | 8.9% | 8.2% |
| Return on equity | 6.1% | 10.1% | 10.3% | 13.3% | 13.0% | 14.1% | 16.5% | 18.1% | 17.1% | 20.0% |
| Return on assets | 3.6% | 6.0% | 5.9% | 7.5% | 7.2% | 9.2% | 12.1% | 12.4% | 12.1% | 12.8% |
| Current ratio | 2.47 | 2.32 | 1.43 | 2.47 | 2.08 | 2.38 | 2.14 | 1.80 | 1.92 | 1.93 |
| Debt to equity | 0.36 | 0.36 | 0.43 | 0.44 | 0.48 | 0.20 | 0.04 | 0.11 | 0.05 | 0.06 |
| Line item | Jul 26, 2026 | Apr 26, 2026 | Jan 25, 2026 | Oct 26, 2025 | Jul 27, 2025 | Apr 27, 2025 | Jan 26, 2025 | Oct 27, 2024 | Jul 28, 2024 | Apr 28, 2024 | Jan 28, 2024 | Oct 29, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.96B | $2.97B | $3.03B | $3.19B | $3.03B | $2.90B | $2.99B | $3.14B | $2.90B | $2.89B | $3.00B | $3.20B |
| Cost of revenue | $2.49B | $2.45B | $2.56B | $2.74B | $2.55B | $2.41B | $2.51B | $2.62B | $2.41B | $2.38B | $2.49B | $2.68B |
| Gross profit | $471.51M | $518.51M | $469.57M | $444.84M | $487.31M | $484.43M | $475.23M | $521.23M | $488.37M | $503.81M | $508.73M | $514.42M |
| Selling, general and admin | $323.50M | $318.62M | $241.70M | $223.47M | $258.71M | $251.43M | $263.01M | $238.59M | $259.65M | $266.67M | $240.39M | $216.55M |
| Operating income | $110.90M | $217.11M | $243.70M | $2.17M | $239.75M | $248.35M | $228.33M | $294.48M | $236.69M | $252.32M | $284.44M | $270.04M |
| Interest expense | $19.64M | $19.82M | $19.73M | $19.60M | $19.46M | $19.52M | $19.46M | $19.43M | $21.46M | $21.68M | $18.33M | $18.36M |
| Pre-tax income | $103.16M | $206.06M | $234.31M | -$21.63M | $236.51M | $230.49M | $218.07M | $280.03M | $225.72M | $244.14M | $285.55M | $245.81M |
| Income tax | $43.64M | $48.69M | $52.54M | $34.58M | $52.82M | $50.75M | $47.54M | $60.07M | $48.98M | $54.93M | $66.82M | $50.32M |
| Net income | $59.57M | $157.47M | $181.80M | -$56.14M | $183.74M | $180.02M | $170.57M | $220.20M | $176.70M | $189.28M | $218.86M | $195.94M |
| EPS, basic | $0.11 | $0.29 | $0.33 | -$0.10 | $0.33 | $0.33 | $0.31 | $0.40 | $0.32 | $0.35 | $0.40 | $0.35 |
| EPS, diluted | $0.11 | $0.29 | $0.33 | -$0.10 | $0.33 | $0.33 | $0.31 | $0.41 | $0.32 | $0.34 | $0.40 | $0.35 |
| Diluted shares | 551.1M | 550.9M | 550.7M | - | 550.7M | 550.6M | 549.9M | - | 549.3M | 548.7M | 547.9M | - |
| Line item | Jul 26, 2026 | Apr 26, 2026 | Jan 25, 2026 | Oct 26, 2025 | Jul 27, 2025 | Apr 27, 2025 | Jan 26, 2025 | Oct 27, 2024 | Jul 28, 2024 | Apr 28, 2024 | Jan 28, 2024 | Oct 29, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $839.64M | $826.75M | $867.91M | $670.68M | $599.19M | $669.69M | $840.40M | $741.88M | $537.48M | $1.49B | $963.21M | $736.53M |
| Short-term investments | $28.81M | $33.11M | $33.30M | $32.91M | $31.48M | $29.29M | $26.02M | $24.74M | $24.45M | $23.07M | $18.71M | $16.66M |
| Receivables | - | - | $696.25M | $784.81M | $764.34M | $743.98M | $767.80M | $817.91M | $727.05M | $731.98M | $751.05M | $817.39M |
| Inventory | $1.80B | $1.75B | $1.65B | $1.75B | $1.82B | $1.73B | $1.52B | $1.58B | $1.65B | $1.67B | $1.58B | $1.68B |
| Current assets | $3.53B | $3.49B | $3.39B | $3.41B | $3.32B | $3.28B | $3.27B | $3.25B | $3.00B | $3.98B | $3.37B | $3.30B |
| Goodwill | $4.87B | $4.87B | $4.89B | $4.92B | $4.92B | $4.92B | $4.92B | $4.92B | $4.92B | $4.93B | $4.93B | $4.93B |
| Total assets | $13.29B | $13.34B | $13.32B | $13.39B | $13.50B | $13.42B | $13.40B | $13.43B | $13.11B | $14.14B | $13.51B | $13.45B |
| Current liabilities | $1.87B | $1.80B | $1.27B | $1.38B | $1.35B | $1.33B | $1.33B | $1.40B | $1.31B | $2.30B | $2.26B | $2.31B |
| Short-term debt | $505.63M | $505.33M | $6.49M | $6.65M | $6.74M | $7.25M | $7.19M | $7.81M | $8.23M | $957.29M | $954.03M | $950.53M |
| Long-term debt | $2.35B | $2.35B | $2.85B | $2.85B | $2.85B | $2.85B | $2.85B | $2.85B | $2.85B | $2.85B | $2.36B | $2.36B |
| Total debt | $2.86B | $2.86B | $2.86B | $2.86B | $2.86B | $2.86B | $2.86B | $2.86B | $2.86B | $3.81B | $3.31B | $3.31B |
| Total liabilities | $5.43B | $5.38B | $5.36B | $5.48B | $5.40B | $5.38B | $5.37B | $5.43B | $5.24B | $6.24B | $5.66B | $5.71B |
| Shareholders' equity | $7.84B | $7.96B | $7.95B | $7.90B | $8.09B | $8.04B | $8.04B | $8.00B | $7.88B | $7.90B | $7.85B | $7.74B |
| Line item | Jul 26, 2026 | Apr 26, 2026 | Jan 25, 2026 | Oct 26, 2025 | Jul 27, 2025 | Apr 27, 2025 | Jan 26, 2025 | Oct 27, 2024 | Jul 28, 2024 | Apr 28, 2024 | Jan 28, 2024 | Oct 29, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $240.60M | $178.94M | $349.21M | $322.91M | $156.70M | $56.44M | $309.21M | $408.62M | $217.99M | $236.15M | $403.98M | $319.09M |
| Capital expenditures | $68.16M | $82.17M | $68.99M | $91.46M | $72.19M | $75.08M | $72.17M | $83.78M | $65.48M | $59.97M | $47.21M | $101.68M |
| Free cash flow | $172.44M | $96.77M | $280.22M | $231.45M | $84.50M | -$18.64M | $237.04M | $324.84M | $152.51M | $176.18M | $356.77M | $217.41M |
| Investing cash flow | -$61.52M | -$58.69M | $7.95M | -$93.60M | -$66.32M | -$78.33M | -$60.33M | -$60.01M | -$64.18M | -$64.56M | -$48.15M | -$101.06M |
| Financing cash flow | -$163.02M | -$162.98M | -$162.43M | -$158.11M | -$163.25M | -$149.57M | -$143.06M | -$150.27M | -$1.10B | $354.44M | -$133.37M | -$149.09M |
| Dividends paid | $160.96M | $160.94M | $159.50M | $159.50M | $159.47M | $159.25M | $154.98M | $154.98M | $154.94M | $154.74M | $150.29M | $150.37M |
| Share repurchases | - | - | - | - | - | - | - | $0 | $0 | - | - | $0 |
| Stock-based compensation | $4.85M | $9.53M | $6.92M | $4.21M | $4.85M | $11.08M | $5.45M | $3.12M | $5.11M | $10.56M | $4.44M | $3.13M |
| Depreciation and amortization | $66.43M | $68.83M | $67.09M | $69.37M | $64.69M | $63.96M | $65.87M | $66.40M | $63.66M | $63.63M | $64.07M | $65.98M |
| Line item | Jul 26, 2026 | Apr 26, 2026 | Jan 25, 2026 | Oct 26, 2025 | Jul 27, 2025 | Apr 27, 2025 | Jan 26, 2025 | Oct 27, 2024 | Jul 28, 2024 | Apr 28, 2024 | Jan 28, 2024 | Oct 29, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue growth, YoY | -2.4% | 2.5% | 1.3% | 1.5% | 4.6% | 0.4% | -0.3% | -1.9% | -2.2% | -3.0% | 0.9% | -2.6% |
| Net income growth, YoY | -67.6% | -12.5% | 6.6% | - | 4.0% | -4.9% | -22.1% | 12.4% | 8.6% | -12.9% | 0.5% | -30.0% |
| EPS growth, YoY | -66.7% | -12.1% | 6.5% | - | 3.1% | -2.9% | -22.5% | 17.1% | 6.7% | -15.0% | 0.0% | -30.0% |
| Gross margin | 15.9% | 17.4% | 15.5% | 14.0% | 16.1% | 16.7% | 15.9% | 16.6% | 16.8% | 17.4% | 17.0% | 16.1% |
| Operating margin | 3.7% | 7.3% | 8.0% | 0.1% | 7.9% | 8.6% | 7.6% | 9.4% | 8.2% | 8.7% | 9.5% | 8.4% |
| Net margin | 2.0% | 5.3% | 6.0% | -1.8% | 6.1% | 6.2% | 5.7% | 7.0% | 6.1% | 6.6% | 7.3% | 6.1% |
| Free cash flow margin | 5.8% | 3.3% | 9.3% | 7.3% | 2.8% | -0.6% | 7.9% | 10.4% | 5.3% | 6.1% | 11.9% | 6.8% |
| Current ratio | 1.88 | 1.94 | 2.66 | 2.47 | 2.47 | 2.47 | 2.45 | 2.32 | 2.29 | 1.73 | 1.49 | 1.43 |
| Debt to equity | 0.36 | 0.36 | 0.36 | 0.36 | 0.35 | 0.36 | 0.36 | 0.36 | 0.36 | 0.48 | 0.42 | 0.43 |
Source: XBRL data Hormel Foods Corporation files with the SEC, latest filing dated Aug 27, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.
* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.
Per-share figures and share counts are restated for stock splits the filings show: 2-for-1, first reported Sep 9, 2011; 2-for-1, first reported Mar 4, 2016.
EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.
| Company | Revenue | Growth | Net income | Net margin | Market cap |
|---|---|---|---|---|---|
| HRL | $12.15B | +0.7% | $342.71M | 2.8% | $12.22B |
| TSN | $55.69B | +2.9% | $574.00M | 1.0% | $21.21B |
| JBS | $86.18B | +11.7% | $2.02B | 2.3% | $13.28B |
| SFD | $15.16B | -0.6% | $900.00M | 5.9% | $7.58B |
| PPC | $18.33B | -0.1% | $320.40M | 1.7% | $6.72B |
| AQB | - | - | -$18.46M | - | $12.4M |