Hormel Foods

The food company based in Austin, Minn., has a portfolio of brands that includes Spam, Skippy, and Dinty Moore.
F500-2020-337-Hormel-Foods
SeongJoon Cho—Bloomberg via Getty Images

Company Information

As of 6/5/23
Country
U.S.
Headquarters
Austin, Minn.
Industry
Food Consumer Products
CEO
James P. Snee
Company Type
Public
Ticker
HRL
Revenues ($M)
$12,459
Profits ($M)
$1,000
Market Value ($M)
$21,796
Employees
20,000
Figures are for fiscal year ended Oct. 31, 2022. Market value as of March 31, 2023.

Key Financials (Last Fiscal Year)

$ millions
% change
Revenues ($M)
$12,458.8
9.4%
Profits ($M)
$1,000
10%
Assets ($M)
$13,306.9
-
Total Stockholder Equity ($M)
$7,535.3
-

Profit Ratios

Profit as % of Revenues
8%
Profits as % of Assets
7.5%
Profits as % of Stockholder Equity
13.3%

Earnings Per Share (Last Fiscal Year)

Earnings Per Share ($)
1.82
EPS % Change (from 2021)
9.6%
EPS % Change (5 year annual rate)
3%
EPS % Change (10 year annual rate)
6.9%

Total Return

Total Return to Investors (2022)
-4.7%
Total Return to Investors (5 year, annualized)
6.7%
Total Return to Investors (10 year, annualized)
13.4%

World's Most Admired Companies

Sector
Consumer Products
Industry
Consumer Food Products
Current All-Star Rank
-
Previous All-Star Rank
-
Industry Rank
5
Previous Industry Rank
7
Overall Score
5.86
Innovation
8
People Management
6
Use of Corporate Assets
5
Social Responsibility
6
Quality of Management
5
Financial Soundness
5
Long-Term Investment Value
5
Quality of Products/Services
8
Global Competitiveness
8
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