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Companies / Consumer Staples / Hormel Foods
HRL

Hormel Foods

Consumer StaplesFood ProductsS&P 500
Ticker HRLAUSTIN, MNFiscal year ends OctoberBook value per share $14.24Diluted shares 550.9M

Hormel Foods Corporation (NYSE: HRL) develops, processes, markets, and distributes branded meat, nut, and other food products to retail and foodservice customers in the United States and internationally. Its Retail segment serves grocery, mass merchandise, club, natural-food, drug, discount, and e-commerce channels… From the company’s description.

In fiscal 2025, Hormel Foods reported revenue of $12.11B, up 1.6% from fiscal 2024, and net income of $477.76M. Its operating margin was 5.9%, and operations generated $845.25M in cash. Over the twelve months to Jul 26, 2026, revenue was $12.15B.

Fiscal year 2025 · ends 10-25Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-07-26
Sales & profitability
$12.11BFY2025
+1.6% year over year
Last 12 mo $12.15B
5.94%FY2025
−3 percentage points
Last 12 mo 4.72%
$477.76MFY2025
−40.6% year over year
Last 12 mo $342.46M
6.70%FY2025
−3.4 percentage points
Last 12 mo 4.37%
Cash & financing
$845.25MFY2025
−33.3% year over year
Last 12 mo $1.09B
$534.35MFY2025
−47.1% year over year
Last 12 mo $780.87M
0.36FY2025
Was 0.36× a year earlier
Last 12 mo 0.36
550.5MFY2025
+0.3% year over year
Last 12 mo 550.9M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Hormel Foods does

In the company’s own words

Hormel Foods Corporation (NYSE: HRL) develops, processes, markets, and distributes branded meat, nut, and other food products to retail and foodservice customers in the United States and internationally. Its Retail segment serves grocery, mass merchandise, club, natural-food, drug, discount, and e-commerce channels and includes its MegaMex Foods joint venture; Foodservice sells to distributors and operators serving restaurants, hospitality, healthcare, schools, universities, and convenience stores; and International serves retail and foodservice markets abroad, including through joint ventures, investments, and royalty arrangements. The company’s brands include SPAM, Planters, Jennie-O, Skippy, Applegate, Wholly, Hormel Black Label, and Fontanini. Founded in 1891 as a meat and food processor, Hormel has expanded through organic growth and acquisitions into a global branded food company. It sells products in all 50 U.S. states and operates in international markets including Australia, Brazil, Canada, China, Japan, Mexico, and the Philippines. Hormel had approximately 20,000 active employees as of October 26, 2025, and annual revenue exceeding $12 billion. Its website is hormelfoods.com.

Company details
Sector
Consumer Staples
Industry (SIC)
Food Products
Headquarters
AUSTIN, MN
Fiscal year end
October
CIK
48465
SIC
2011

Financial performance, year by year

Fiscal 2013–2025 · USD
$-1.25B$2.49B$6.23B$9.97B$13.70B2013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Hormel Foods — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

476
funds hold it
1 of 35
superinvestors hold it
$2.69B
held by funds, at market
4
bond issues held by funds

Superinvestors in Hormel Foods · what they did last quarter

Tom RussoDECREASED -2.6%
Gardner Russo & Quinn
<0.1%of 13F portfolio

Share of each manager’s reported 13F portfolio. Change is in shares held, since the previous quarter.

Largest fund holders · Hormel Foods’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.01%of fund net assets
VANGUARD 500 INDEX FUND
VOO · VANGUARD INDEX FUNDS
0.01%of fund net assets
1.60%of fund net assets
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.09%of fund net assets
Invesco S&P 500 Equal Weight ETF
RSP · Invesco Exchange-Traded Fund Trust
—of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Hormel Foods’s bonds, as funds hold them

Funds report holding 4 issues of Hormel Foods’s debt, $207.67M at market value — what funds hold, not the company’s total debt. Weighted-average coupon 2.28%, maturing 2027 to 2051.

Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do Hormel Foods and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of Hormel Foods's earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in Hormel Foods's last four quarterly filings that the numbers alone won't show?”
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