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 revenue | 12,106 | 11,921 | 12,110 | 12,459 | 11,386 | 9,608 | 9,497 | 9,546 | 9,168 | 9,523 |
| Cost of revenue | 10,214 | 9,899 | 10,110 | 10,294 | 9,458 | 7,782 | 7,613 | 7,566 | 7,171 | 7,365 |
| Gross profit | 1,892 | 2,022 | 2,000 | 2,165 | 1,928 | 1,826 | 1,885 | 1,979 | 1,997 | 2,158 |
| Selling, general and administrative | 905 | 897 | 908 | 845 | 789 | — | — | — | — | — |
| Research and development | 35.2 | 36.1 | 33.7 | 34.7 | 33.6 | 31.9 | 32.5 | 33.8 | 34.2 | 34.7 |
| Operating income | 719 | 1,068 | 1,072 | 1,313 | 1,123 | 1,100 | 1,196 | 1,180 | 1,277 | 1,324 |
| EBIT | 961 | 1,095 | 1,058 | 1,285 | 1,118 | — | — | — | — | — |
| EBITDA | 1,225 | 1,352 | 1,311 | 1,521 | 1,327 | — | — | — | — | — |
| Interest expense | 78.0 | 80.9 | 73.4 | 62.5 | 43.3 | 21.1 | 18.1 | 26.5 | 12.7 | 12.9 |
| Pre-tax income | 663 | 1,035 | 1,013 | 1,278 | 1,126 | — | — | — | — | — |
| Income tax | 186 | 231 | 221 | 278 | 217 | 206 | 231 | 169 | 432 | 427 |
| Net income | 478 | 805 | 794 | 1,000 | 909 | 908 | 979 | 1,012 | 847 | 890 |
| Net income to common shareholders | 478 | 805 | 794 | 1,000 | 909 | — | — | — | — | — |
| Basic EPS | 0.87 | 1.47 | 1.45 | 1.84 | 1.68 | 1.69 | 1.83 | 1.91 | 1.60 | 1.68 |
| Diluted EPS | 0.87 | 1.47 | 1.45 | 1.82 | 1.66 | 1.66 | 1.80 | 1.86 | 1.57 | 1.64 |
| Average shares (basic) | 550 | 548 | 546 | 545 | 541 | — | — | — | — | — |
| Average shares (diluted) | 550 | 549 | 549 | 550 | 548 | 547 | 545 | 544 | 539 | 542 |
| Dividend per share | 1.16 | 1.13 | 1.10 | 1.04 | 0.98 | — | — | — | — | — |