Hormel Foods Income Statement
HRL / Consumer Staples|15 years of annual SEC 10-K data (FY2011-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 15 fiscal years. All figures from audited SEC 10-K filings.
Revenue has declined at a 18.7% compound annual rate over the past 6 years.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score 0.88 (distress zone, below 1.8 threshold)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | $2.3B | $9.5B | $9.3B | $9.3B | $8.8B | $8.2B | $7.9B |
| Cost of Revenue | $10.2B | $9.9B | $10.1B | $10.3B | $9.5B | $7.8B | $7.6B | $7.6B | $7.2B | $7.4B | $7.5B | $7.8B | $7.3B | $6.9B | $6.6B |
| Gross Profit | $1.9B | $2.0B | $2.0B | $2.2B | $1.9B | $1.8B | $1.9B | $2.0B | $2.0B | $2.2B | $1.8B | $1.6B | $1.4B | $1.3B | $1.3B |
| SG&A Expense | $996.6M | $1.0B | $942.2M | $879.3M | $853.1M | $761.3M | $727.6M | $841.2M | $759.3M | $872.0M | $743.6M | $650.9M | $627.3M | $605.9M | $618.6M |
| R&D Expense | $35.2M | $36.1M | $33.7M | $34.7M | $33.6M | $31.9M | $32.5M | $33.8M | $34.2M | $34.7M | $32.0M | $29.9M | $29.9M | $29.8M | $29.4M |
| Operating Income | $718.6M | $1.1B | $1.1B | $1.3B | $1.1B | $1.1B | $1.2B | $1.2B | $1.3B | $1.3B | $1.1B | $931.6M | $806.0M | $781.2M | - |
| Interest Expense | - | - | $73.4M | $62.5M | $43.3M | $21.1M | $18.1M | $26.5M | $12.7M | $12.9M | $13.1M | $12.7M | $12.5M | $12.9M | $22.7M |
| Income Tax | $185.7M | $230.8M | $220.6M | $277.9M | $217.0M | $206.4M | $230.6M | $168.7M | $431.5M | $426.7M | $369.9M | $316.1M | $268.4M | $253.4M | $239.6M |
| Net Income | $478.2M | $805.0M | $793.6M | $1000.0M | $908.8M | $908.1M | $978.8M | $1.0B | $846.7M | $890.1M | $686.1M | $602.7M | $526.2M | $500.1M | $474.2M |
| EPS (Basic) | $0.87 | $1.47 | $1.45 | $1.84 | $1.68 | $1.69 | $1.83 | $1.91 | $1.30 | $1.14 | $1.99 | $1.90 | $1.78 | $1.48 | $1.28 |
| EPS (Diluted) | $0.87 | $1.47 | $1.45 | $1.82 | $1.66 | $1.66 | $1.80 | $1.86 | $1.27 | $1.12 | $1.95 | $1.86 | $1.74 | $1.46 | $1.27 |
| Shares Outstanding | 550.5M | 548.8M | 549.0M | 549.6M | 547.6M | 546.6M | 545.2M | 543.9M | 541.0M | 540.4M | 270.2M | 268.9M | 271.9M | 270.7M | 271.0M |
| Gross Margin | - | - | - | - | - | - | - | - | 87.6% | 22.7% | 19.5% | 16.8% | 16.1% | 16.2% | 16.9% |
| Operating Margin | - | - | - | - | - | - | - | - | 56.0% | 13.9% | 11.5% | 10.0% | 9.2% | 9.5% | - |
| Profit Margin | - | - | - | - | - | - | - | - | 37.1% | 9.3% | 7.4% | 6.5% | 6.0% | 6.1% | 6.0% |