Hormel Foods

Photograph by Floto + Warner for Fortune Magazine
  • Previous Rank
    304
  • Revenues ($M)
    9523
  • Revenue Percent Change
    2.8
  • Profits ($M)
    890.1
  • Profits Percent Change
    29.7
  • Assets ($M)
    6370
  • Employees
    21100
  • Market Value — as of March 31, 2017 ($M)
    18316

The food company based in Austin, Minn. has a portfolio of brands that includes Spam, Muscle Milk, and Dinty Moore.

Company Info

CEOJames P. Snee
CEO TitleChief Executive Officer & Director
SectorFood, Beverages & Tobacco
IndustryFood Consumer Products
HQ LocationAustin, MN
Websitewww.hormelfoods.com
Years on Fortune 500 List23
Employees21,100

Key Financials (Last Fiscal Year)

Revenues ($M)$9,523
Profits ($M)$890.1
Assets ($M)$6,370
Total Stockholder Equity ($M)$4,448
Market Value — as of March 31, 2017 ($M)$18,316

Profit Ratios

Profit as % of Revenues9.3%
Profits as % of Assets14%
Profits as % of Stockholder Equity20%

Earnings Per Share (Last Fiscal Year)

Earnings Per Share ($)164
EPS % Change (from 2015)29.1%
EPS % Change (5 year annual rate)13.5%
EPS % Change (10 year annual rate)12.3%

Total Return

Total Return to Investors (2016)-10.6%
Total Return to Investors (5 year, annualized)20.9%
Total Return to Investors (10 year, annualized)16.1%