HRL

Hormel Foods Corp

Exchange: NYSESector: Consumer DefensiveIndustry: Packaged Foods

Hormel Foods Corporation, based in Austin, Minnesota, is a global branded food company with over $12 billion in annual revenue. Its brands include Planters ®, Skippy ®, SPAM ®, Hormel ® Natural Choice ®, Applegate ®, Wholly ®, Hormel ® Black Label ®, Columbus ®, Jennie-O ® and more than 30 other beloved brands. The Company is a member of the S&P 500 Index and the S&P 500 Dividend Aristocrats, was named one of the best companies to work for by U.S. News & World Report and one of America's most responsible companies by Newsweek, was recognized by TIME magazine as one of the World's Best Companies and has received numerous other awards and accolades for its corporate responsibility and community service efforts.

Current Price

$20.96

+0.34%

GoodMoat Value

$28.45

35.7% undervalued

Profile

Valuation (TTM)

Market Cap$11.53B

P/E23.56

EV$14.29B

P/B1.46

Shares Out550.11M

P/Sales0.95

Revenue$12.14B

EV/EBITDA12.64

Hormel Foods Corp (HRL) Financial Statements

GoodMoat Analysis

Based on data as of March 26, 2026

Hormel Foods exhibits a stable but low-growth financial profile with a healthy balance sheet and strong free cash flow generation. However, its profitability and return metrics are below the high-quality thresholds typically sought in the GoodMoat framework, indicating a lack of economic moat strength.

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Hormel Foods' financial quality presents a mixed picture for a value investor. Revenue growth is minimal at 1.3% YoY, indicating stagnation and failing the framework's test for consistent, double-digit growth. Profitability is a key concern: an operating margin of 6.8% and a profit margin of 4.0% are low, especially for a packaged foods company, and the ROE of 6.2% is well below the 15-20% threshold for a high-quality, moat-protected business. The free cash flow picture is more favourable, with a 4.2% FCF yield suggesting solid cash conversion, though the exact FCF margin cannot be confirmed without gross margin data. The balance sheet is a clear strength, with a low Debt/Equity ratio of 0.36, indicating a conservative capital structure and minimal financial risk. Overall, the company scores weakly on core quality indicators like high ROIC and expanding margins but strongly on balance sheet health. The growth assessment is unfavourable, with no evidence of accelerating or high-quality growth drivers. The financial profile is that of a stable, defensive operator rather than a high-quality compounder.

HRL Financial Data

EBITDA$1.07B

Revenue (TTM)$12.14B

Gross Profit (TTM)$1.89B

Gross Margin—

Operating Margin6.81%

ROE6.19%

ROA3.65%

Debt/Equity0.36

Current Ratio2.47

FCF$534.48M

FCF Yield4.64%

Piotroski F-Score—

Rev/Share (TTM)$22.08

50-Day MA$21.24

200-Day MA$23.08

Shares Outstanding0.55B

HRL Computed Insights

FCF$534.48M

FCF Growth Rate-3.61%

EPS Growth (CAGR)-11.25%

WACC10.00%

Income Statement

Balance Sheet

Cash Flow Statement

HRL Financial Statements & Data

Hormel Foods Corp (HRL) financial data including income statement, balance sheet, and cash flow statement. This page provides a comprehensive view of Hormel Foods Corp's financial performance and position as a Consumer Defensive company.

Trailing twelve-month (TTM) revenue is $12.14B. Gross profit (TTM) is $1.89B. EBITDA is $1.07B. Earnings per share (EPS) is $0.87. The P/E ratio is 23.56. Market capitalization is $11.53B.

Free cash flow (FCF) is $534.48M. FCF growth rate is -3.61%. EPS growth CAGR is -11.25%. Weighted average cost of capital (WACC) is 10.00%.

Historical revenue data covers 7 years from FY19 to FY25. Net income history spans 7 years. Free cash flow and capital expenditure data spans 7 years. GoodMoat displays interactive charts for revenue, net income, FCF vs CAPEX, and cash-to-debt ratios to help investors identify financial trends.

Use Hormel Foods Corp's financial data to assess the company's earnings quality, balance sheet health, and cash generation. Compare key metrics across periods to identify trends before making investment decisions with GoodMoat's valuation tools.