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Hormel Foods Corp
$30.46
After Hours:
$30.46
(0.00%)0.00
Closed: Jan 28, 4:02:39 PM GMT-5 · USD · NYSE · Disclaimer
StockUS listed securityUS headquartered
Previous close
$31.45
Day range
$30.36 - $31.45
Year range
$28.51 - $36.86
Market cap
16.72B USD
Avg Volume
2.42M
P/E ratio
20.77
Dividend yield
3.81%
Primary exchange
NYSE
CDP Climate Change Score
B
Financials
Income Statement
Revenue
Net income
(USD)Oct 2024Y/Y change
Revenue
3.14B-1.88%
Operating expense
222.15M6.72%
Net income
220.20M12.38%
Net profit margin
7.0214.52%
Earnings per share
0.420.00%
EBITDA
366.40M-1.82%
Effective tax rate
21.45%—
Total assets
Total liabilities
(USD)Oct 2024Y/Y change
Cash and short-term investments
766.62M1.78%
Total assets
13.43B-0.10%
Total liabilities
5.43B-4.89%
Total equity
8.00B—
Shares outstanding
549.01M—
Price to book
2.16—
Return on assets
5.65%—
Return on capital
6.90%—
Net change in cash
(USD)Oct 2024Y/Y change
Net income
220.20M12.38%
Cash from operations
408.62M28.06%
Cash from investing
-60.01M40.62%
Cash from financing
-150.27M-0.80%
Net change in cash
204.41M203.24%
Free cash flow
174.66M34.52%
About
Hormel Foods Corporation, doing business as Hormel Foods or simply Hormel, is an American multinational food processing company founded in 1891 in Austin, Minnesota, by George A. Hormel as George A. Hormel & Company. The company originally focused on the packaging and selling of ham, sausage and other pork, chicken, beef and lamb products to consumers, adding Spam in 1937. By the 1980s, Hormel began offering a wider range of packaged and refrigerated foods. The company changed its name to Hormel Foods Corporation in 1993 and uses the Hormel brand on many of its products; the company's other brands include Planters, Columbus Craft Meats, Dinty Moore, Jennie-O, and Skippy. The company's products are available in over 80 countries worldwide. Wikipedia
Founded
1891
Employees
20,000
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