Hormel Foods revenue and financials
$19.88Change from previous close: −1.00%Absolute change: −$0.20
In the fiscal year ended October 2025, Hormel Foods reported revenue of $12.11B (+1.55% year over year). Net income was $478.2M, a net margin of 4.0%.
Fiscal year ending in October. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +1.55%
- FY to Oct 2025 vs FY to Oct 2024
- Net income growth
- −40.60%
- FY to Oct 2025 vs FY to Oct 2024
- Net margin
- 4.0%
- FY to Oct 2024: 6.8%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | FY to Oct 2025 | FY to Oct 2024 | FY to Oct 2023 | FY to Oct 2022 | FY to Oct 2021 | FY to Oct 2020 | FY to Oct 2019 | FY to Oct 2018 | FY to Oct 2017 | FY to Oct 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 13,393 | 13,435 | 13,449 | 13,307 | 12,696 | 9,908 | 8,109 | 8,142 | 6,976 | 6,976 |
| Current assets | 3,406 | 3,246 | 3,297 | 3,637 | 2,948 | 3,579 | 2,361 | 2,050 | 2,027 | 2,030 |
| Cash and equivalents | 671 | 742 | 737 | 982 | 614 | 1,714 | 673 | 459 | 444 | 415 |
| Short-term investments | 32.9 | 24.7 | 16.7 | 16.1 | 21.2 | — | — | — | — | — |
| Receivables | 882 | 868 | 825 | 875 | 904 | — | — | — | — | — |
| Inventory | 1,747 | 1,576 | 1,680 | 1,716 | 1,369 | — | — | — | — | — |
| Net property, plant and equipment | 2,402 | 2,342 | 2,298 | 2,215 | 2,181 | — | — | — | — | — |
| Goodwill | 4,924 | 4,923 | 4,928 | 4,926 | 4,929 | 2,613 | 2,482 | 2,714 | 2,120 | 1,834 |
| Other intangible assets | 1,647 | 1,733 | 1,757 | 1,803 | 1,822 | — | — | — | — | — |
| Long-term investments | 534 | 719 | 725 | 271 | 299 | — | — | — | — | — |
| Current liabilities | 1,381 | 1,399 | 2,312 | 1,473 | 1,416 | 1,504 | 1,105 | 1,139 | 1,058 | 1,053 |
| Accounts payable | 732 | 736 | 771 | 817 | 793 | — | — | — | — | — |
| Long-term debt | 2,857 | 2,859 | 3,309 | 3,299 | 3,324 | 1,304 | 250 | 625 | 250 | 250 |
| Total liabilities | 5,477 | 5,431 | 5,710 | 5,767 | 5,718 | — | — | — | — | — |
| Total equity (incl. minority) | 7,916 | 8,004 | 7,739 | 7,540 | 6,978 | — | — | — | — | — |
| Retained earnings | 7,517 | 7,678 | 7,493 | 7,313 | 6,882 | — | — | — | — | — |
| Minority interest | 14.6 | 10.6 | 4.1 | 4.9 | 5.5 | — | — | — | — | — |