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Hormel Foods Corp
$31.57
After Hours:
$31.57
(0.00%)0.00
Closed: Sep 26, 5:06:01 PM GMT-4 · USD · NYSE · Disclaimer
StockUS listed securityUS headquartered
Previous close
$31.11
Day range
$31.00 - $31.61
Year range
$28.51 - $38.95
Market cap
17.31B USD
Avg Volume
2.45M
P/E ratio
22.18
Dividend yield
3.58%
Primary exchange
NYSE
CDP Climate Change Score
B
Financials
Income Statement
Revenue
Net income
(USD)Jul 2024Y/Y change
Revenue
2.90B-2.19%
Operating expense
230.37M-20.85%
Net income
176.70M8.62%
Net profit margin
6.1011.11%
Earnings per share
0.37-7.50%
EBITDA
322.88M19.12%
Effective tax rate
21.70%
Total assets
Total liabilities
(USD)Jul 2024Y/Y change
Cash and short-term investments
561.93M-18.15%
Total assets
13.11B-2.33%
Total liabilities
5.24B-8.27%
Total equity
7.88B
Shares outstanding
548.36M
Price to book
2.17
Return on assets
4.76%
Return on capital
5.77%
Net change in cash
(USD)Jul 2024Y/Y change
Net income
176.70M8.62%
Cash from operations
217.99M-31.23%
Cash from investing
-64.18M17.10%
Cash from financing
-1.10B-663.25%
Net change in cash
-948.89M-1,170.65%
Free cash flow
132.33M-25.54%
About
Hormel Foods Corporation, doing business as Hormel Foods or simply Hormel, is an American multinational food processing company founded in 1891 in Austin, Minnesota, by George A. Hormel as George A. Hormel & Company. The company originally focused on the packaging and selling of ham, sausage and other pork, chicken, beef and lamb products to consumers, adding Spam in 1937. By the 1980s, Hormel began offering a wider range of packaged and refrigerated foods. The company changed its name to Hormel Foods Corporation in 1993 and uses the Hormel brand on many of its products; the company's other brands include Planters, Columbus Craft Meats, Dinty Moore, Jennie-O, and Skippy. The company's products are available in over 80 countries worldwide. Wikipedia
Founded
1891
Employees
20,000
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