$25.24
+0.48%
N/A+$0.12
Consumer Defensive
Packaged Foods
NYSE
Active Trading
Hormel Foods Corporation is a prominent global food company that specializes in the creation, preparation, and supply of a diverse array of ...
Financial highlights
Latest / TTM · 6 periods
Snapshot
Latest / TTM: 2026-07-22
Gross Margin
—
Net Margin
—
P/E Ratio
—
Debt / Equity
—
Profitability
Profitability table
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Gross MarginGross profit as a percentage of revenue. | 16.9% | 17.4% | 16.5% | 17.0% | 15.6% | — |
| Operating MarginOperating income as a percentage of revenue. | 9.9% | 10.5% | 8.9% | 9.0% | 5.9% | — |
| Net MarginNet income as a percentage of revenue. | 8.0% | 8.0% | 6.6% | 6.8% | 4.0% | — |
| EBITDA MarginEBITDA divided by revenue. | 12.1% | 12.7% | 11.1% | 11.5% | 8.3% | — |
| Pre-tax MarginPre-tax profit as a percentage of revenue. | 9.9% | 10.3% | 8.4% | 8.7% | 5.5% | — |
Liquidity & leverage
Liquidity & leverage table
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Current RatioCurrent assets divided by current liabilities. | 2.08 | 2.47 | 1.43 | 2.32 | 2.47 | — |
| Quick RatioLiquid assets divided by current liabilities. | 1.12 | 1.30 | 0.70 | 1.19 | 1.20 | — |
| Cash RatioCash and equivalents divided by current liabilities. | 0.43 | 0.67 | 0.32 | 0.53 | 0.49 | — |
| Debt / AssetsDebt as a share of total assets. | 26.2% | 24.8% | 24.6% | 21.3% | 21.3% | — |
| Debt / EquityDebt compared with shareholder equity. | 0.48 | 0.44 | 0.43 | 0.36 | 0.36 | — |
Operating efficiency
Operating efficiency table
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Receivables TurnoverHow often receivables are collected in a year. | 12.60x | 14.24x | 14.69x | 13.73x | 13.73x | — |
| Inventory TurnoverHow often inventory is sold in a year. | 6.91x | 6.00x | 6.02x | 6.28x | 5.85x | — |
| Payables TurnoverHow often payables are paid in a year. | 11.92x | 12.61x | 13.11x | 13.46x | 13.96x | — |
| Asset TurnoverRevenue generated per dollar of assets. | 0.90x | 0.94x | 0.90x | 0.89x | 0.90x | — |
| Working Capital TurnoverRevenue generated per dollar of working capital. | 6.31x | 6.74x | 7.69x | 8.42x | 6.25x | — |
Valuation ratios
Valuation ratios table
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| P/E RatioPrice paid for each dollar of earnings. | 25.57x | 25.24x | 22.45x | 20.78x | 27.29x | — |
| P/B RatioPrice paid for each dollar of book value. | 3.33x | 3.36x | 2.30x | 2.09x | 1.65x | — |
| P/S RatioPrice paid for each dollar of sales. | 2.04x | 2.03x | 1.47x | 1.40x | 1.08x | — |
| P/FCF RatioPrice paid for each dollar of free cash flow. | 30.12x | 29.53x | 22.87x | 16.57x | 24.44x | — |
| Dividend YieldAnnual dividend divided by current share price. | 2.3% | 2.2% | 3.3% | 3.7% | 4.8% | — |