Hormel Foods Corp.
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.