Hormel Foods Corporation (HRL) Financial Statements
Historical financial data — 43 statements covering FY2016–FY2025
Historically meat-focused, Hormel Foods broadened its lineup to include other protein offerings and became a branded food company. The firm sells its wares through multiple channels, including US r...
Hormel Foods Corporation's revenue increased 1.6% year over year, from $11.92B to $12.11B.
Net income decreased 40.6% over the same period, from $805.0M to $478.2M.
Over the 9-year period from FY2016 to FY2025, revenue grew by 27% in total.
Total debt remained relatively stable at $2.85B.
The debt-to-equity ratio stands at 0.36, indicating a moderate leverage profile.
Operating cash flow declined 33.3% to $845.3M.
Hormel Foods Corporation maintains a moderate net profit margin of 4.0%.
Recent Financial Statements
Quarterly figures are standalone quarters, de-cumulated from YTD filings (Q4 = FY − Q3 YTD when not reported).
| Period | Revenue | Net Income | Gross Profit | EBIT | Op. Cash Flow | Total Assets | Total Debt | Equity |
|---|---|---|---|---|---|---|---|---|
| Q4 FY2024 | $3.14B+8.3% | $220.2M | $521.2M | $262.0M | $408.6M | $13.43B | $2.85B | $7.99B |
| Q1 FY2025 | $2.99B-4.8% | $170.6M | $475.2M | $228.3M | $309.2M | $13.40B | $2.85B | $8.03B |
| Q2 FY2025 | $2.90B-3.0% | $180.0M | $484.4M | $248.4M | $56.4M | $13.42B | $2.85B | $8.03B |
| Q3 FY2025 | $3.03B+4.6% | $183.7M | $487.3M | $239.7M | $156.7M | $13.50B | $2.85B | $8.08B |
| Q4 FY2025 | $3.19B+5.0% | $-56.1M | $444.8M | $-53.0M | $322.9M | $13.39B | $2.85B | $7.90B |
| Q1 FY2026 | $3.03B-5.0% | $181.8M | $469.6M | $243.7M | $349.2M | $13.32B | $2.85B | $7.94B |
| Q2 FY2026 | $2.97B-1.8% | $157.5M | $518.5M | $217.1M | $178.9M | $13.34B | $2.86B | $7.96B |
| Q3 FY2026 | $2.96B-0.4% | $59.6M | $471.5M | $110.9M | $240.6M | $13.29B | $2.86B | $7.86B |
Balance Sheet Summary (Q3 FY2026)
Hormel Foods Corporation (HRL) Financial Statements & Revenue History
Hormel Foods Corporation (HRL) is a US-listed stock operating in the Consumer Defensive sector, specifically the Meat Packing Plants industry trading at $20.40 with a market capitalization of $11. This page provides 43 historical financial statements for Hormel Foods Corporation, including income statement, balance sheet, and cash flow data across multiple reporting periods. Most recently, Hormel Foods Corporation reported revenue of $12.1 billion, representing 1.6% year-over-year growth. The net profit margin of 4.0% suggests thin margins. The debt-to-equity ratio of 0.36 shows conservative leverage.
HRL Income Statement, Balance Sheet & Cash Flow
The financial statements table above shows Hormel Foods Corporation's revenue, net income, gross profit, EBIT, operating cash flow, total assets, total debt, and shareholders' equity across the most recent reporting periods. Year-over-year growth rates help identify whether HRL is accelerating or decelerating in terms of top-line revenue and bottom-line profitability.
- Revenue trend: Track HRL's top-line growth across quarters and fiscal years to identify acceleration or deceleration in the business.
- Profitability: Net income and gross profit margins reveal how efficiently Hormel Foods Corporation converts revenue into earnings.
- Balance sheet health: Total assets, liabilities, debt, and equity provide a snapshot of HRL's financial position and leverage.
- Cash flow: Operating cash flow shows how much cash the business generates from its core operations, which is critical for funding dividends, buybacks, and growth.
How to Use HRL Financial Data
Investors use Hormel Foods Corporation's financial statements to assess the company's financial health, growth trajectory, and valuation. Key metrics to focus on include:
- Revenue growth rate: Consistent double-digit revenue growth suggests a strong business; declining revenue may signal competitive pressure.
- Net profit margin: Higher margins indicate a more efficient business with pricing power. Compare HRL's margins to sector peers for context.
- Debt levels: High debt-to-equity ratios increase financial risk, especially in rising-rate environments. Low debt provides flexibility.
- Valuation multiples: See how HRL's P/E, P/S, and EV/EBITDA ratios compare to historical levels.
- Full analysis: View HRL's financial health score, earnings, and pre-market pricing.
Financial data is sourced from Hormel Foods Corporation's SEC filings (10-K, 10-Q) via Polygon.io and Finnhub.HRL trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.

