HORMEL FOODS CORP /DE/

HRL · XNYS

CIK 48465fmd_01CAAGQ5V4KXBD19APCB2KHAVWManufacturing · Meat Packing PlantsTemplate: Standard

Coverage: Oct 29, 2007 to Jul 26, 2026, 71 periods

Income Statement · Annual · Millions · USD
Line item	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Total revenues	9,523	9,168	9,546	9,497	9,608	11,386	12,459	12,110	11,921	12,106
Cost of revenue	7,365	7,171	7,566	7,613	7,782	9,458	10,294	10,110	9,899	10,214
Gross profit	2,158	1,997	1,979	1,885	1,826	1,928	2,165	2,000	2,022	1,892
Research and development	35	34	34	33	32	34	35	34	36	35
Selling, general and administrative	872	759	841	728	761	853	879	942	1,005	997
Operating income	1,324	1,277	1,180	1,196	1,100	1,123	1,313	1,072	1,068	719
Interest expense	13	13	26	18	21	43	63	73	81	78
Other non-operating income (expense)	6	15	28	32	(52)	(113)	(99)	214	215	236
Income before taxes	1,317	1,279	1,181	1,210	1,115	1,126	1,278	1,013	1,035	663
Income tax expense	427	432	169	231	206	217	278	221	231	186
Net income from continuing operations	891	847	1,013	979	908	909	1,000	793	805	478
Net income	890	847	1,012	979	908	909	1,000	794	805	478
Net income to common shareholders	–	–	–	–	–	–	–	–	–	–