Hormel Financial Statements From 2010 to 2022

HRL
 Stock
  

USD 49.86  0.25  0.50%   

Hormel Foods financial statements provide useful quarterly and yearly information to potential Hormel Foods Corp investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Hormel Foods financial statements helps investors assess Hormel Foods' valuation, profitability, and current liquidity needs.
There are over one hundred six available fundamental trends for Hormel Foods Corp, which can be analyzed over time and compared to other ratios. Please make sure you confirm all of Hormel Foods Corp regular fundamentals over time between 2010 and 2022 to make sure the company is sustainable down the road.
Hormel Foods Invested Capital is relatively stable at the moment as compared to the past year. The company's current value of Invested Capital is estimated at 8.98 Billion. Invested Capital Average is expected to hike to about 7.3 B this year, although the value of Net Income Per Employee will most likely fall to nearly 36.5 K.
  
Check Hormel Foods financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Hormel main balance sheet or income statement drivers, such as Direct Expenses of 7.6 B, Consolidated Income of 990 M or Cost of Revenue of 10.1 B, as well as many exotic indicators such as Interest Coverage of 26.57, Long Term Debt to Equity of 0.46 or Calculated Tax Rate of 29.26. Hormel financial statements analysis is a perfect complement when working with Hormel Foods Valuation or Volatility modules. It can also supplement Hormel Foods' financial leverage analysis and stock options assessment as well as various Hormel Foods Technical models . Please check the analysis of Hormel Foods Correlation against competitors.

Hormel Foods Revenues

12.27 Billion

Hormel Foods Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets11.8 B14.6 B9.2 B
Increasing
Slightly volatile
Cash and Equivalents717.7 M705.6 M949.6 M
Increasing
Slightly volatile
Investments275.5 M288.2 M292.9 M
Increasing
Slightly volatile
Investments Current27.4 M19 M18.5 M
Increasing
Slightly volatile
Investments Non Current340.4 M343.9 M293.9 M
Increasing
Slightly volatile
Property Plant and Equipment NetB2.4 B1.6 B
Increasing
Slightly volatile
Inventory1.4 B1.6 B1.1 B
Increasing
Slightly volatile
Tax Assets7.7 M7.5 M53.5 M
Decreasing
Slightly volatile
Trade and Non Trade Receivables895.7 MB720.2 M
Increasing
Slightly volatile
Trade and Non Trade Payables961.9 M1.1 B754.4 M
Increasing
Slightly volatile
Goodwill and Intangible Assets8.4 B7.8 B4.2 B
Increasing
Slightly volatile
Total Liabilities7.1 B6.6 B3.7 B
Increasing
Slightly volatile
Shareholders Equity6.9 BB5.7 B
Increasing
Slightly volatile
Accumulated Retained Earnings Deficit6.9 B7.9 B5.8 B
Increasing
Slightly volatile
Current Assets3.1 B3.4 B2.9 B
Increasing
Slightly volatile
Assets Non Current12.1 B11.2 B6.5 B
Increasing
Slightly volatile
Current Liabilities1.5 B1.6 B1.4 B
Increasing
Slightly volatile
Liabilities Non Current5.3 B4.9 B2.2 B
Increasing
Slightly volatile
Tax Liabilities374.3 M347 M198.7 M
Increasing
Slightly volatile
Total Debt4.1 B3.8 B1.5 B
Increasing
Slightly volatile
Debt Current8.1 M7.9 M172.6 M
Decreasing
Slightly volatile
Debt Non Current4.1 B3.8 B1.4 B
Increasing
Slightly volatile
Shareholders Equity USD6.9 BB5.7 B
Increasing
Slightly volatile
Cash and Equivalents USD717.7 M705.6 M949.6 M
Increasing
Slightly volatile
Total Debt USD4.1 B3.8 B1.5 B
Increasing
Slightly volatile
Accounts Payable592.8 M714 M600 M
Increasing
Slightly volatile
Receivables675.1 M806.1 M686 M
Increasing
Slightly volatile
Inventories1.1 B1.2 B1.1 B
Increasing
Slightly volatile

Hormel Foods Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Revenues12.3 B13.1 B10.1 B
Increasing
Slightly volatile
Cost of Revenue10.1 B10.9 B8.2 B
Increasing
Slightly volatile
Selling General and Administrative Expense940.6 M981 M792.3 M
Increasing
Slightly volatile
Operating Expenses942.7 M981 M800.7 M
Increasing
Slightly volatile
Interest Expense53.7 M49.8 M24.4 M
Increasing
Slightly volatile
Income Tax Expense222.5 M195.3 M270.5 M
Decreasing
Slightly volatile
Consolidated Income990 MB840.2 M
Increasing
Slightly volatile
Net Income to Non Controlling Interests278 K270.9 K622.3 K
Decreasing
Slightly volatile
Net Income988.7 MB839.5 M
Increasing
Slightly volatile
Net Income Common Stock988.7 MB839.5 M
Increasing
Slightly volatile
Weighted Average Shares635.2 M622.3 M548.4 M
Increasing
Slightly volatile
Weighted Average Shares Diluted645.6 M629.7 M558.5 M
Increasing
Slightly volatile
Earning Before Interest and Taxes EBIT1.3 B1.3 B1.1 B
Increasing
Slightly volatile
Revenues USD12.3 B13.1 B10.1 B
Increasing
Slightly volatile
Net Income Common Stock USD988.7 MB839.5 M
Increasing
Slightly volatile
Earning Before Interest and Taxes USD1.3 B1.3 B1.1 B
Increasing
Slightly volatile
Gross Profit2.2 B2.2 B1.9 B
Increasing
Slightly volatile
Operating Income1.2 B1.2 B1.1 B
Increasing
Slightly volatile
Direct Expenses7.6 B8.5 B7.8 B
Increasing
Slightly volatile

Hormel Foods Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Net Cash Flow from Financing1.9 B1.7 B587.2 M
Increasing
Slightly volatile
Issuance Repayment of Debt Securities 2.5 B2.3 B975.9 M
Increasing
Slightly volatile
Issuance Purchase of Equity Shares32.2 M29.9 M27.9 M
Increasing
Slightly volatile
Net Cash Flow from Operations1.1 B1.2 B1.1 B
Increasing
Slightly volatile
Effect of Exchange Rate Changes on Cash 3.2 MM(792.2 K)
Increasing
Slightly volatile
Net Cash Flow or Change in Cash and Cash Equivalents(1 B)(990.7 M)166.5 M
Decreasing
Stable
Share Based Compensation30.7 M28.5 M12.3 M
Increasing
Slightly volatile
Depreciation Amortization and Accretion225.4 M262.7 M185.6 M
Increasing
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Earnings per Basic Share1.841.931.569
Increasing
Slightly volatile
Earnings per Diluted Share1.821.911.5412
Increasing
Slightly volatile
Earnings per Basic Share USD1.841.931.569
Increasing
Slightly volatile
Dividends per Basic Common Share0.941.130.7848
Increasing
Slightly volatile
Return on Average Equity0.140.120.1544
Decreasing
Slightly volatile
Return on Average Assets0.08890.07290.1021
Decreasing
Slightly volatile
Return on Invested Capital0.250.180.3274
Decreasing
Slightly volatile
Gross Margin0.210.190.1919
Decreasing
Stable
Profit Margin0.09520.0920.0856
Increasing
Slightly volatile
EBITDA Margin0.140.140.1347
Increasing
Slightly volatile
Return on Sales0.120.120.1158
Increasing
Very volatile
Asset Turnover1.110.911.2504
Decreasing
Slightly volatile
Payout Ratio0.590.670.5013
Increasing
Slightly volatile
Enterprise Value over EBITDA19.2821.3917.9749
Increasing
Slightly volatile
Enterprise Value over EBIT22.4725.320.7518
Increasing
Slightly volatile
Price to Earnings Ratio28.0628.9727.7233
Increasing
Slightly volatile
Sales per Share22.8524.218.853
Increasing
Slightly volatile
Price to Sales Ratio2.262.312.3242
Increasing
Slightly volatile
Price to Book Value4.123.794.203
Decreasing
Slightly volatile
Debt to Equity Ratio0.790.940.6104
Increasing
Slightly volatile
Dividend Yield0.02470.02650.0188
Increasing
Slightly volatile
Current Ratio1.921.872.0202
Increasing
Slightly volatile
Free Cash Flow per Share1.611.641.5355
Decreasing
Slightly volatile
Book Value per Share12.8214.8210.6221
Increasing
Slightly volatile
Tangible Assets Book Value per Share11.2612.649.7612
Increasing
Slightly volatile
Total Assets Per Share22.7321.0716.6976
Increasing
Slightly volatile
Cash Flow Per Share1.541.661.9141
Decreasing
Stable
Return on Investment20.0713.7119.091
Decreasing
Slightly volatile
Operating Margin8.988.510.6644
Decreasing
Slightly volatile
Calculated Tax Rate29.2623.1426.7027
Decreasing
Slightly volatile
Receivables Turnover17.7616.1215.3691
Increasing
Slightly volatile
Inventory Turnover9.18.917.6121
Increasing
Slightly volatile
PPandE Turnover7.946.437.1852
Decreasing
Slightly volatile
Cash and Equivalents Turnover16.2911.0716.4364
Decreasing
Slightly volatile
Accounts Payable Turnover20.3717.9217.4429
Decreasing
Slightly volatile
Accrued Expenses Turnover20.8721.7621.7354
Increasing
Slightly volatile
Interest Coverage26.5725.8965.0222
Decreasing
Slightly volatile
Long Term Debt to Equity0.460.430.1919
Increasing
Slightly volatile
Quick Ratio0.980.971.1554
Increasing
Slightly volatile
Net Current Assets as percentage of Total Assets18.4613.8816.7893
Increasing
Slightly volatile
Revenue to Assets1.391.031.2084
Decreasing
Slightly volatile

Hormel Foods Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Earnings before Tax1.3 B1.3 B1.1 B
Increasing
Slightly volatile
Earnings Before Interest Taxes and Depreciation Amortization EBITDA1.5 B1.6 B1.3 B
Increasing
Slightly volatile
Earnings Before Interest Taxes and Depreciation Amortization USD1.5 B1.6 B1.3 B
Increasing
Slightly volatile
Market Capitalization23.8 B26.4 B22.9 B
Increasing
Slightly volatile
Enterprise Value25.8 B29.9 B23.5 B
Increasing
Slightly volatile
Invested CapitalB8.3 B4.5 B
Increasing
Slightly volatile
Average Equity6.7 B7.8 B5.5 B
Increasing
Slightly volatile
Average Assets10.7 B12.9 B8.4 B
Increasing
Slightly volatile
Invested Capital Average7.3 B6.8 B3.9 B
Increasing
Slightly volatile
Tangible Asset Value6.1 B6.8 B5.2 B
Increasing
Slightly volatile
Free Cash Flow859.9 M887.5 M820.3 M
Decreasing
Slightly volatile
Working Capital1.7 B1.8 B1.5 B
Increasing
Slightly volatile
Revenue Per Employee457.9 K504.1 K483.7 K
Increasing
Slightly volatile
Net Income Per Employee36.5 K40.2 K40.5 K
Increasing
Slightly volatile

Hormel Fundamental Market Drivers

Forward Price Earnings23.87
Short Percent Of Float3.76%
Average Daily Volume Last 10 Day1.2M
Shares Short Prior Month10.79M
Average Daily Volume In Three Month1.66M
Date Short Interest15th of July 2022
Fifty Day Average47.33
Two Hundred Day Average47.99

Hormel Upcoming Events

Upcoming Quarterly Report17th of February 2022
Next Financial Report19th of May 2022
Next Fiscal Quarter End31st of January 2022
Next Fiscal Year End8th of December 2022
Last Quarter Report31st of October 2021
Last Financial Announcement31st of January 2021

About Hormel Foods Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Hormel Foods income statement, its balance sheet, and the statement of cash flows. Hormel Foods investors use historical funamental indicators, such as Hormel Foods's revenue or net income, to determine how well the company is positioned to perform in the future. Although Hormel Foods investors may use each financial statement separately, they are all related. The changes in Hormel Foods's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Hormel Foods's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Hormel Foods Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Hormel Foods. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2022
Cost of Revenue10.9 B10.1 B
Revenues13.1 B12.3 B
Revenue to Assets 1.03  1.39 
Revenue Per Employee504.1 K457.9 K
Hormel Foods Corporation develops, processes, and distributes various meat, nuts, and food products to retail, foodservice, deli, and commercial customers in the United States and internationally. Hormel Foods Corporation was founded in 1891 and is headquartered in Austin, Minnesota. Hormel Foods operates under Packaged Foods classification in the United States and is traded on New York Stock Exchange. It employs 20000 people.

Hormel Foods Investors Sentiment

The influence of Hormel Foods' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Hormel. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to Hormel Foods' public news can be used to forecast risks associated with investment in Hormel. The trend in average sentiment can be used to explain how an investor holding Hormel can time the market purely based on public headlines and social activities around Hormel Foods Corp. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Hormel Foods' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Hormel Foods' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Hormel Foods' news discussions. The higher the estimate score, the more favorable is the investor's outlook on Hormel Foods.

Hormel Foods Implied Volatility

    
  18.07  
Hormel Foods' implied volatility exposes the market's sentiment of Hormel Foods Corp stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Hormel Foods' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Hormel Foods stock will not fluctuate a lot when Hormel Foods' options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Hormel Foods in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Hormel Foods' short interest history, or implied volatility extrapolated from Hormel Foods options trading.

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Please check the analysis of Hormel Foods Correlation against competitors. Note that the Hormel Foods Corp information on this page should be used as a complementary analysis to other Hormel Foods' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Piotroski F Score module to get Piotroski F Score based on binary analysis strategy of nine different fundamentals.

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When running Hormel Foods Corp price analysis, check to measure Hormel Foods' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hormel Foods is operating at the current time. Most of Hormel Foods' value examination focuses on studying past and present price action to predict the probability of Hormel Foods' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Hormel Foods' price. Additionally, you may evaluate how the addition of Hormel Foods to your portfolios can decrease your overall portfolio volatility.
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Is Hormel Foods' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hormel Foods. If investors know Hormel will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hormel Foods listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
0.14
Market Capitalization
27.2 B
Quarterly Revenue Growth YOY
0.19
Return On Assets
0.0679
Return On Equity
0.14
The market value of Hormel Foods Corp is measured differently than its book value, which is the value of Hormel that is recorded on the company's balance sheet. Investors also form their own opinion of Hormel Foods' value that differs from its market value or its book value, called intrinsic value, which is Hormel Foods' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hormel Foods' market value can be influenced by many factors that don't directly affect Hormel Foods' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hormel Foods' value and its price as these two are different measures arrived at by different means. Investors typically determine Hormel Foods value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hormel Foods' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.