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Hormel Foods Corp.

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Key Metrics

Previous Close
$24.41
52-Week Range
$19.70 – $29.35
Market Cap
P/E (TTM)
28.67
EPS (TTM)
0.84
Dividend Yield
4.79%
Advanced Metrics
Price/Book
1.67
PEG Ratio
1.72
Return on Equity
5.83%
Return on Assets
4.58%
Gross Margin
15.78%
Operating Margin
11.06%
Profit Margin
3.82%
Current Ratio
1.94
Debt/Equity
0.04
Total Debt
$250.00M
Free Cash Flow
$471.17M
Revenue Growth
-2.90%
Earnings Growth
-5.10%
Enterprise Value
$12.93B

Market Snapshot

About

Hormel Foods Corporation manufactures and markets branded food products worldwide, operating through four segments: Retail, Foodservice, International, and Deli. Headquartered in Austin, Minnesota, the company employs approximately 19,000 people and generates annual revenues exceeding $12 billion. Hormel's portfolio includes well-known brands such as SPAM, Skippy peanut butter, Hormel Black Label bacon, Jennie-O turkey products, Applegate natural and organic meats, and Columbus craft meats. The company operates over 30 production facilities across the United States and maintains a significant international presence in China and other markets. Hormel holds leading market positions in multiple categories, including refrigerated meats, shelf-stable proteins, and turkey products. Recent strategic initiatives include the 2021 acquisition of the Planters snack nuts business from Kraft Heinz for $3.35 billion, significantly expanding its presence in the growing snacking category. The company continues to focus on innovation in protein products, plant-based offerings through its Happy Little Plants brand, and expansion of its premium deli and foodservice operations. Founded in 1891, Hormel maintains a dividend aristocrat status, having increased its dividend for over 55 consecutive years, reflecting consistent financial performance across changing market conditions.