Hormel Foods (HRL) financials
Hormel Foods revenue and earnings by year
Hormel Foods's revenue was $12.1 billion in the fiscal year to October 26, 2025, up 1.6% from the year before. Net income was $478 million, 4.0% of revenue. Since the fiscal year to October 30, 2016, revenue has grown 2.7% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 10 fiscal years
| Fiscal year to | Oct 2025 | Oct 2024 | Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 12.1 | 11.9 | 12.1 | 12.5 | 11.4 | 9.6 | 9.5 | 9.5 | 9.2 | 9.5 |
| Revenue growth | 1.6% | -1.6% | -2.8% | 9.4% | 18.5% | 1.2% | -0.5% | 4.1% | -3.7% | — |
| Gross profit | 1.9 | 2.0 | 2.0 | 2.2 | 1.9 | 1.8 | 1.9 | 2.0 | 2.0 | 2.2 |
| Gross margin | 15.6% | 17.0% | 16.5% | 17.4% | 16.9% | 19.0% | 19.8% | 20.7% | 21.8% | 22.7% |
| Operating income | 0.8 | 1.0 | 1.0 | 1.3 | 1.1 | 1.1 | 1.2 | 1.1 | 1.2 | 1.3 |
| Operating margin | 6.8% | 8.5% | 8.5% | 10.3% | 9.4% | 11.1% | 12.2% | 11.7% | 13.5% | 13.5% |
| Net income | 0.5 | 0.8 | 0.8 | 1.0 | 0.9 | 0.9 | 1.0 | 1.0 | 0.8 | 0.9 |
| Net margin | 4.0% | 6.8% | 6.6% | 8.0% | 8.0% | 9.5% | 10.3% | 10.6% | 9.2% | 9.3% |
| Diluted EPS | $0.87 | $1.47 | $1.45 | $1.82 | $1.66 | $1.67 | $1.80 | $1.87 | $1.58 | $1.64 |
| Free cash flow | 0.5 | 1.0 | 0.8 | 0.9 | 0.8 | 0.8 | 0.7 | 0.9 | 0.8 | 0.8 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open HRL in Markets.
How Hormel Foods makes money
Revenue by segment in the quarter to July 26, 2026, as the company reports it.
| Segment | Revenue | Share |
|---|---|---|
| Perishable Meat | $2.19B | 73.9% |
| Shelf Stable | $773M | 26.1% |
See also: HRL valuation and P/E history · HRL returns
No forecast, no recommendation. This page describes Hormel Foods from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.