Hormel Foods Corporation
HRLNYSECIK 48465Consumer Defensive / Packaged Foods & Farm Productsfiscal year ends October69 quarters since 2009
Latest quarter Q3 FY2026, filed August 27, 2026. Trailing figures sum the latest four quarters. Market values at the latest close, from a market data vendor.
Share price
Daily candlesticks from November 11, 2024 to November 6, 2026, with each earnings release marked; a release after the close marks the day it came out, so its reaction is the next candle. See this earnings season for every company’s reaction.
The last 16 quarters
Q4 FY2022 to Q3 FY2026, through the filing of August 27, 2026.
Net income losses drawn in red.
Operating cash flow less capital expenditures; negative quarters in red.
Positions at each quarter end, as filed; short-term investments are not included.
Income statement
Last eight quarters, newest first, through Q3 FY2026 filed August 27, 2026.
| Millions of dollars | Q3 FY2026ended Jul 26, 2026filed Aug 27, 2026 | Q2 FY2026ended Apr 26, 2026filed May 28, 2026 | Q1 FY2026ended Jan 25, 2026filed Feb 26, 2026 | Q4 FY2025ended Oct 26, 2025filed Dec 5, 2025 | Q3 FY2025ended Jul 27, 2025filed Aug 28, 2025 | Q2 FY2025ended Apr 27, 2025filed May 29, 2025 | Q1 FY2025ended Jan 26, 2025filed Feb 27, 2025 | Q4 FY2024ended Oct 27, 2024filed Dec 5, 2024 | YoYQ3 FY2026vs Q3 FY2025 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2,961 | 2,973 | 3,027 | 3,186 | 3,033 | 2,899 | 2,989 | 3,138 | −2.4% |
| Cost of revenue | 2,490 | 2,454 | 2,558 | 2,741 | 2,546 | 2,414 | 2,514 | 2,617 | −2.2% |
| Gross profit | 472 | 519 | 470 | 445 | 487 | 484 | 475 | 521 | −3.2% |
| Research and development | — | — | — | — | — | — | — | — | — |
| Selling, general and administrative | 324 | 319 | 242 | 223 | 259 | 251 | 263 | 239 | +25.0% |
| Operating income | 111 | 217 | 244 | 2 | 240 | 248 | 228 | 294 | −53.7% |
| Other income (expense) | 130 | 127 | 41 | 64 | 46 | 65 | 61 | 377 | +185.0% |
| Pretax income | 103 | 206 | 234 | (22) | 237 | 230 | 218 | 280 | −56.4% |
| Income tax | 44 | 49 | 53 | 35 | 53 | 51 | 48 | 60 | −17.4% |
| Net income | 60 | 157 | 182 | (56) | 184 | 180 | 171 | 220 | −67.6% |
| Diluted EPS ($) | 0.11 | 0.29 | 0.33 | — | 0.33 | 0.33 | 0.31 | — | −66.7% |
| Diluted shares (millions) | 551 | 551 | 551 | — | 551 | 551 | 550 | — | — |
Fourth quarters are the fiscal year less the first nine months when the filer reports no discrete fourth quarter, and are marked. Diluted EPS is never derived, so a derived quarter shows none. Italic figures are derived.
Balance sheet
Last eight quarters, newest first, through Q3 FY2026 filed August 27, 2026.
| Millions of dollars | Q3 FY2026ended Jul 26, 2026filed Aug 27, 2026 | Q2 FY2026ended Apr 26, 2026filed May 28, 2026 | Q1 FY2026ended Jan 25, 2026filed Feb 26, 2026 | Q4 FY2025ended Oct 26, 2025filed Dec 5, 2025 | Q3 FY2025ended Jul 27, 2025filed Aug 28, 2025 | Q2 FY2025ended Apr 27, 2025filed May 29, 2025 | Q1 FY2025ended Jan 26, 2025filed Feb 27, 2025 | Q4 FY2024ended Oct 27, 2024filed Dec 5, 2024 | YoYQ3 FY2026vs Q3 FY2025 |
|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | 840 | 827 | 868 | 671 | 599 | 670 | 840 | 742 | +40.1% |
| Short-term investments | 29 | 33 | 33 | 33 | 31 | 29 | 26 | 25 | −8.5% |
| Total current assets | 3,526 | 3,494 | 3,388 | 3,406 | 3,322 | 3,282 | 3,266 | 3,246 | +6.1% |
| Total assets | 13,292 | 13,344 | 13,316 | 13,393 | 13,497 | 13,422 | 13,403 | 13,435 | −1.5% |
| Total current liabilities | 1,874 | 1,803 | 1,273 | 1,381 | 1,346 | 1,328 | 1,332 | 1,399 | +39.3% |
| Long-term debt | 2,349 | 2,351 | 2,851 | 2,851 | 2,850 | 2,851 | 2,850 | 2,851 | −17.6% |
| Total liabilities | — | — | — | — | — | — | — | — | — |
| Stockholders’ equity | 7,843 | 7,949 | 7,939 | 7,901 | 8,083 | 8,032 | 8,028 | 7,993 | −3.0% |
| Shares outstanding (millions) | — | — | — | — | — | — | — | — | — |
Positions at each period end. Nothing on this statement is derived. Long-term debt is the filed noncurrent line only; no total-debt composite is constructed across filers. Italic figures are derived.
Cash flow statement
Last eight quarters, newest first, through Q3 FY2026 filed August 27, 2026.
| Millions of dollars | Q3 FY2026ended Jul 26, 2026filed Aug 27, 2026 | Q2 FY2026ended Apr 26, 2026filed May 28, 2026 | Q1 FY2026ended Jan 25, 2026filed Feb 26, 2026 | Q4 FY2025ended Oct 26, 2025filed Dec 5, 2025 | Q3 FY2025ended Jul 27, 2025filed Aug 28, 2025 | Q2 FY2025ended Apr 27, 2025filed May 29, 2025 | Q1 FY2025ended Jan 26, 2025filed Feb 27, 2025 | Q4 FY2024ended Oct 27, 2024filed Dec 5, 2024 | YoYQ3 FY2026vs Q3 FY2025 |
|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 241 | 179 | 349 | 323 | 157 | 56 | 309 | 409 | +53.5% |
| Capital expenditures | 68 | 82 | 69 | 91 | 72 | 75 | 72 | 84 | −5.6% |
| Free cash flow (CFO − capex) | 172 | 97 | 280 | 231 | 85 | (19) | 237 | 325 | +104.1% |
| Depreciation and amortization | 66 | 69 | 67 | 69 | 65 | 64 | 66 | 66 | +2.7% |
| Share repurchases | — | — | — | — | — | — | — | 0 | — |
| Dividends paid | 161 | 161 | 160 | 160 | 159 | 159 | 155 | 155 | +0.9% |
10-Qs file cash flows as year-to-date totals, so quarterly figures are differenced from consecutive filings and marked. Free cash flow is operating cash flow less capital expenditures, computed from the two filed lines. Italic figures are derived.
Annual statements
Every fiscal year filed, newest first, through FY2025 filed December 5, 2025.
Income statement
| Millions of dollars | FY2025ended Oct 26, 2025filed Dec 5, 2025 | FY2024ended Oct 27, 2024filed Dec 5, 2024 | FY2023ended Oct 29, 2023filed Dec 6, 2023 | FY2022ended Oct 30, 2022filed Dec 6, 2022 | FY2021ended Oct 31, 2021filed Dec 10, 2021 | FY2020ended Oct 25, 2020filed Dec 4, 2020 | FY2019ended Oct 27, 2019filed Dec 6, 2019 | FY2018ended Oct 28, 2018filed Dec 7, 2018 | FY2017ended Oct 29, 2017filed Dec 20, 2017 | FY2016ended Oct 30, 2016filed Dec 21, 2016 | FY2015ended Oct 25, 2015filed Dec 16, 2015 | FY2014ended Oct 26, 2014filed Dec 17, 2014 | FY2013ended Oct 27, 2013filed Dec 18, 2013 | FY2012ended Oct 28, 2012filed Dec 19, 2012 | FY2011ended Oct 30, 2011filed Dec 21, 2011 | FY2010ended Oct 31, 2010filed Dec 21, 2010 | FY2009ended Oct 25, 2009filed Sep 3, 2010 | FY2008ended Oct 26, 2008filed Sep 3, 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 12,106 | 11,921 | 12,110 | 12,459 | 11,386 | 9,608 | 9,497 | 9,546 | 9,168 | 9,523 | 9,264 | 9,316 | 8,752 | 8,231 | 7,895 | 7,221 | 6,534 | 6,755 |
| 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 | 1,809 | 1,565 | 1,413 | 1,332 | 1,334 | 1,239 | 1,099 | 1,062 |
| Research and development | 35 | 36 | 34 | 35 | 34 | 32 | 33 | 34 | 34 | 35 | 32 | 30 | 30 | 30 | 29 | 28 | 25 | — |
| Selling, general and administrative | 997 | 1,005 | 942 | 879 | 853 | 761 | 728 | 841 | 759 | 872 | 744 | 651 | 627 | 606 | 619 | 605 | 567 | 553 |
| Operating income | 719 | 1,068 | 1,072 | 1,313 | 1,123 | 1,100 | 1,196 | 1,180 | 1,277 | 1,324 | 1,067 | 932 | 806 | 781 | — | — | — | — |
| Other income (expense) | 236 | 215 | 214 | (99) | (113) | (52) | 32 | 28 | 15 | 6 | 3 | 3 | 5 | 7 | (1) | 5 | 20 | (28) |
| Pretax income | 663 | 1,035 | 1,013 | 1,278 | 1,126 | 1,115 | 1,210 | 1,181 | 1,279 | 1,317 | 1,057 | 922 | 799 | 758 | 719 | 625 | 528 | — |
| Income tax | 186 | 231 | 221 | 278 | 217 | 206 | 231 | 169 | 432 | 427 | 370 | 316 | 268 | 253 | 240 | 225 | 182 | 172 |
| Net income | 478 | 805 | 794 | 1,000 | 909 | 908 | 979 | 1,012 | 847 | 890 | 686 | 603 | 526 | 500 | 474 | 396 | 343 | 286 |
| Diluted EPS ($) | 0.87 | 1.47 | 1.45 | 1.82 | 1.66 | 1.66 | 1.80 | 1.86 | 1.57 | 1.64 | 1.27 | 1.12 | 0.97* | 0.93* | 0.87* | 0.73* | 0.64* | 0.52* |
| Diluted shares (millions) | 550 | 549 | 549 | 550 | 548 | 547 | 545 | 544 | 539 | 542 | 541 | 540 | 540* | 538* | 544* | 541* | 542* | 549* |
Balance sheet
| Millions of dollars | FY2025ended Oct 26, 2025filed Dec 5, 2025 | FY2024ended Oct 27, 2024filed Dec 5, 2024 | FY2023ended Oct 29, 2023filed Dec 6, 2023 | FY2022ended Oct 30, 2022filed Dec 6, 2022 | FY2021ended Oct 31, 2021filed Dec 10, 2021 | FY2020ended Oct 25, 2020filed Dec 4, 2020 | FY2019ended Oct 27, 2019filed Dec 6, 2019 | FY2018ended Oct 28, 2018filed Dec 7, 2018 | FY2017ended Oct 29, 2017filed Dec 20, 2017 | FY2016ended Oct 30, 2016filed Dec 21, 2016 | FY2015ended Oct 25, 2015filed Dec 16, 2015 | FY2014ended Oct 26, 2014filed Dec 17, 2014 | FY2013ended Oct 27, 2013filed Dec 18, 2013 | FY2012ended Oct 28, 2012filed Dec 19, 2012 | FY2011ended Oct 30, 2011filed Dec 21, 2011 | FY2010ended Oct 31, 2010filed Dec 21, 2010 | FY2009ended Oct 25, 2009filed Sep 3, 2010 | FY2008ended Oct 26, 2008filed Sep 3, 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | 671 | 742 | 737 | 982 | 614 | 1,714 | 673 | 459 | 444 | 415 | 347 | 334 | 434 | 682 | 463 | 468 | 385 | 155 |
| Short-term investments | 33 | 25 | 17 | 16 | 21 | 17 | 15 | 0 | — | — | — | — | — | 77 | 76 | 51 | 0 | — |
| Total current assets | 3,406 | 3,246 | 3,297 | 3,637 | 2,948 | 3,579 | 2,361 | 2,050 | 2,027 | 2,030 | 2,063 | 2,133 | 2,047 | 2,321 | 1,998 | 1,858 | 1,575 | — |
| Total assets | 13,393 | 13,435 | 13,449 | 13,307 | 12,696 | 9,908 | 8,109 | 8,142 | 6,976 | 6,976 | 6,140 | 5,456 | 4,916 | 4,564 | 4,244 | 4,054 | 3,692 | — |
| Total current liabilities | 1,381 | 1,399 | 2,312 | 1,473 | 1,416 | 1,504 | 1,105 | 1,139 | 1,058 | 1,053 | 1,214 | 955 | 784 | 786 | 778 | 1,101 | 685 | — |
| Long-term debt | 2,851 | 2,851 | 2,359 | 3,291 | 3,315 | 1,045 | 250 | 625 | 250 | 250 | 250 | 250 | 250 | 250 | 250 | 0 | 350 | — |
| Total liabilities | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Stockholders’ equity | 7,901 | 7,993 | 7,735 | 7,535 | 6,973 | 6,426 | 5,921 | 5,601 | 4,936 | 4,448 | 3,998 | 3,606 | 3,311 | 2,819 | 2,657 | 2,401 | 2,123 | — |
| Shares outstanding (millions) | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Cash flow statement
| Millions of dollars | FY2025ended Oct 26, 2025filed Dec 5, 2025 | FY2024ended Oct 27, 2024filed Dec 5, 2024 | FY2023ended Oct 29, 2023filed Dec 6, 2023 | FY2022ended Oct 30, 2022filed Dec 6, 2022 | FY2021ended Oct 31, 2021filed Dec 10, 2021 | FY2020ended Oct 25, 2020filed Dec 4, 2020 | FY2019ended Oct 27, 2019filed Dec 6, 2019 | FY2018ended Oct 28, 2018filed Dec 7, 2018 | FY2017ended Oct 29, 2017filed Dec 20, 2017 | FY2016ended Oct 30, 2016filed Dec 21, 2016 | FY2015ended Oct 25, 2015filed Dec 16, 2015 | FY2014ended Oct 26, 2014filed Dec 17, 2014 | FY2013ended Oct 27, 2013filed Dec 18, 2013 | FY2012ended Oct 28, 2012filed Dec 19, 2012 | FY2011ended Oct 30, 2011filed Dec 21, 2011 | FY2010ended Oct 31, 2010filed Dec 21, 2010 | FY2009ended Oct 25, 2009filed Sep 3, 2010 | FY2008ended Oct 26, 2008filed Sep 3, 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 845 | 1,267 | 1,048 | 1,135 | 1,002 | 1,128 | 923 | 1,242 | 1,034 | 1,040 | 992 | — | — | — | — | 486 | 559 | 272 |
| Capital expenditures | 311 | 256 | 270 | 279 | 232 | 368 | 294 | 390 | 221 | 256 | 144 | 159 | 107 | 132 | 97 | 90 | 97 | 126 |
| Free cash flow (CFO − capex) | 534 | 1,010 | 778 | 856 | 770 | 761 | 629 | 852 | 813 | 784 | 848 | — | — | — | — | 396 | 462 | 146 |
| Depreciation and amortization | 264 | 258 | 253 | 236 | 209 | 206 | 165 | 162 | 131 | 132 | 133 | 130 | 125 | 119 | 124 | 126 | 127 | — |
| Share repurchases | 0 | 0 | 12 | 0 | 20 | 12 | 174 | 47 | 94 | 88 | 25 | 59 | 71 | 61 | 153 | 70 | 38 | 70 |
| Dividends paid | 633 | 615 | 593 | 558 | 523 | 487 | 437 | 388 | 346 | 296 | 251 | 203 | 174 | 152 | 130 | 109 | 101 | 96 |
Insider activity
Form 4 filings by officers, directors and 10% owners, November 9, 2024 to November 9, 2026. Only open-market purchases and sales count as buys and sells; awards, exercises, tax withholding and gifts are listed in grey and never counted.
The last 25 transactions
| Traded | Insider | Role | Transaction | Shares | Price | Value | Held after | Filed |
|---|---|---|---|---|---|---|---|---|
| Oct 25, 2026 | Aakre D Scott | Director | tax withholding | 2,308 | $21.06 | $49K | 45,924 | Oct 27, 2026 |
| Oct 25, 2026 | Ettinger Jeffrey M | Director | tax withholding | 15,094 | $21.06 | $318K | 57,230 | Oct 27, 2026 |
| Oct 13, 2026 | Bhumbla Ash | Executive VP & CFO | award | 62,468 | $0.00 | — | 62,468 | Oct 15, 2026 |
| Oct 5, 2026 | Newlands William A | Director | open-market buy | 10,000 | $20.10 | $201K | 76,375 | Oct 6, 2026 |
| Oct 3, 2026 | Myers Kevin L | SENIOR VICE PRESIDENT | tax withholding | 864 | $20.25 | $17K | 57,042 | Oct 6, 2026 |
| Sep 30, 2026 | Policinski Christopher J. | Director | award | 2,830 | $19.94 | $56K | 128,982 | Oct 2, 2026 |
| Sep 30, 2026 | Schoneman Debbra L. | Director | award | 1,514 | $19.94 | $30K | 17,370 | Oct 2, 2026 |
| Sep 30, 2026 | White Steven Andrew | Director | award | 3,028 | $19.94 | $60K | 46,613 | Oct 2, 2026 |
| Sep 30, 2026 | Newlands William A | Director | award | 7,635 | $19.94 | $152K | 66,375 | Oct 2, 2026 |
| Sep 30, 2026 | Bhojwani Gary C. | Director | award | 3,028 | $19.94 | $60K | 33,205 | Oct 2, 2026 |
| Jul 8, 2026 | Bhojwani Gary C. | Director | open-market saleindirect | 20,200 | $24.51 | $495K | 32,002 | Jul 10, 2026 |
| Jun 9, 2026 | Bonifant William W. | GVP, Chief Supply Chain Ofc. | award | 5,734 | $0.00 | — | 17,954 | Jun 11, 2026 |
| Jun 9, 2026 | Borrelli Domenic | EVP, Retail | award | 8,341 | $0.00 | — | 8,341 | Jun 11, 2026 |
| Apr 27, 2026 | Aakre D Scott | Director | tax withholding | 1,722 | $21.47 | $37K | 47,945 | Apr 29, 2026 |
| Apr 14, 2026 | Bonifant William W. | GVP, Chief Supply Chain Ofc. | award | 12,043 | $0.00 | — | 12,043 | Apr 16, 2026 |
| Mar 31, 2026 | Schoneman Debbra L. | Director | award | 1,333 | $22.65 | $30K | 15,820 | Apr 2, 2026 |
| Mar 31, 2026 | Bhojwani Gary C. | Director | award | 2,666 | $22.65 | $60K | 77,426 | Apr 2, 2026 |
| Mar 31, 2026 | Newlands William A | Director | award | 6,722 | $22.65 | $152K | 58,134 | Apr 2, 2026 |
| Mar 31, 2026 | White Steven Andrew | Director | award | 2,666 | $22.65 | $60K | 42,605 | Apr 2, 2026 |
| Mar 31, 2026 | Policinski Christopher J. | Director | award | 2,492 | $22.65 | $56K | 124,912 | Apr 2, 2026 |
| Mar 18, 2026 | White Steven Andrew | Director | giftindirect | 5,405 | $0.00 | — | 52,532 | Mar 20, 2026 |
| Mar 18, 2026 | White Steven Andrew | Director | gift | 5,405 | $0.00 | — | 39,528 | Mar 20, 2026 |
| Feb 2, 2026 | Ghingo John F | President, Director | award | 32,707 | $0.00 | — | 64,001 | Feb 4, 2026 |
| Feb 2, 2026 | Bhojwani Gary C. | Director | award | 6,541 | $0.00 | — | 74,506 | Feb 4, 2026 |
| Feb 2, 2026 | Aakre D Scott | Director | award | 6,541 | $0.00 | — | 49,598 | Feb 4, 2026 |
Full insider history for Hormel Foods Corporation, or insider activity across all companies. A record of filings, not a recommendation.
Tracked funds holding it
1 of the tracked managers held HRL in their latest 13F filing, through August 14, 2026. Weight is the share of the fund’s reported portfolio. How the funds have traded HRL by quarter.
| Fund | Manager | Quarter | Value | Shares | Weight | Move |
|---|---|---|---|---|---|---|
| Gates Foundation Trust | Michael Larson | Q2 2026 | $52M | 2M | 0.15% | held |
Sources
Fiscal year ends in month 10; periods are labeled with the issuer's own fiscal calendar. Values are as most recently filed (restatements apply; per-share values are on current split basis per the connector's split table, flagged in adjusted). Flow items flagged in `derived` were computed (Q4 = FY − nine months; quarterly cash flow differenced from year-to-date filings) rather than read from a filing. `reconciliation.repaired` lists periods where a full-year figure was filed in a quarter slot: that row was dropped and the quarter rebuilt from the annual figure. `reconciliation.quarantined` lists periods where four filed quarters do not sum to the filed year — those quarterly values are withheld, so a blank there is a withholding rather than an absence of reporting.
- Filer
- HORMEL FOODS CORPORATION, CIK 48465 on EDGAR
- Extract generated
- November 8, 2026
- Withheld
- none
- Repaired
- none
XBRL concepts behind each line
Income statement
RevenueFromContractWithCustomerIncludingAssessedTax, SalesRevenueNetCostOfGoodsAndServicesSoldGrossProfitResearchAndDevelopmentExpenseSellingGeneralAndAdministrativeExpenseOperatingIncomeLossNonoperatingIncomeExpenseIncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterestIncomeTaxExpenseBenefitNetIncomeLossEarningsPerShareDilutedWeightedAverageNumberOfDilutedSharesOutstandingBalance sheet
CashAndCashEquivalentsAtCarryingValueMarketableSecuritiesCurrentAssetsCurrentAssetsLiabilitiesCurrentLongTermDebtNoncurrentStockholdersEquityCash flow statement
NetCashProvidedByUsedInOperatingActivitiesPaymentsToAcquirePropertyPlantAndEquipmentDepreciationDepletionAndAmortizationPaymentsForRepurchaseOfCommonStockPaymentsOfDividendsCommonStockThe data
The statements on this page as files, generated November 8, 2026.
- JSON file
/data/financials/HRL.json