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HORMEL FOODS CORP /DE/ HRL

NYSE · stock · Meat Packing Plants · website · IPO 1990-01-16

HORMEL FOODS CORP /DE/ statistics & valuation

Market cap$14.6B
P / E30.5×
P / S1.2×
P / B1.8×
P / FCF27.3×
Dividend yield4.34%
Net margin4.0%
Return on equity6.0%
FCF margin4.4%
Net debt$2.2B
Net debt / EBITDA2.2×
Enterprise value USD$16.8B
EV / EBITDA17.1×
Earnings yield EBIT/EV4.3%
Return on capital6%
Graham number -31.2%$16.78

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($16.78); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
9.30% 9.20% 10.60% 10.30% 9.50% 8.00% 8.00% 6.60% 6.80% 4.00% 2016201720182019202020212022202320242025
Gross margin (%)
22.70% 21.80% 20.70% 19.80% 19.00% 16.90% 17.40% 16.50% 17.00% 15.60% 2016201720182019202020212022202320242025
Operating margin (%)
13.90% 13.90% 12.40% 12.60% 11.50% 9.90% 10.50% 8.90% 9.00% 5.90% 2016201720182019202020212022202320242025
Return on equity (%)
20.00% 17.10% 18.10% 16.50% 14.10% 13.00% 13.30% 10.30% 10.10% 6.00% 2016201720182019202020212022202320242025
Shares outstanding
542.5M 539.1M 543.9M 545.2M 546.6M 547.6M 549.6M 549.0M 548.8M 550.5M 2016201720182019202020212022202320242025
Net debt ($)
-$165.1M -$194.1M $165.7M -$422.9M -$669.4M $2.70B $2.31B $1.62B $2.11B $2.18B 2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
12.80% 12.10% 12.40% 12.10% 9.20% 7.20% 7.50% 5.90% 6.00% 3.60% 2016201720182019202020212022202320242025
Free cash flow margin (%)
8.20% 8.90% 8.90% 6.60% 7.90% 6.80% 6.90% 6.40% 8.50% 4.40% 2016201720182019202020212022202320242025
Debt / equity (×)
0.06× 0.05× 0.11× 0.04× 0.16× 0.48× 0.44× 0.30× 0.36× 0.36× 2016201720182019202020212022202320242025
EPS ($)
$1.64 $1.57 $1.86 $1.80 $1.66 $1.66 $1.82 $1.45 $1.47 $0.87 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

HORMEL FOODS CORP /DE/ trades at about 28× earnings — above its 10-year norm (10-year range 20.9×–28.4×, median 24.7×).

20.9× 28.4×

Shaded band = 10-year range (20.9×–28.4×); dot = today's 28×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Gross margin15.6%17.0%16.5%17.4%16.9%19.0%19.8%20.7%21.8%22.7%
Operating margin5.9%9.0%8.9%10.5%9.9%11.5%12.6%12.4%13.9%13.9%
Net margin4.0%6.8%6.6%8.0%8.0%9.5%10.3%10.6%9.2%9.3%
FCF margin4.4%8.5%6.4%6.9%6.8%7.9%6.6%8.9%8.9%8.2%
Return on assets3.6%6.0%5.9%7.5%7.2%9.2%12.1%12.4%12.1%12.8%
Return on equity6.0%10.1%10.3%13.3%13.0%14.1%16.5%18.1%17.1%20.0%
Debt / equity0.36×0.36×0.30×0.44×0.48×0.16×0.04×0.11×0.05×0.06×
Current ratio2.472.321.432.472.082.382.141.801.921.93

Computed from company filings · US · as of 2025-10-26. Facts plus Stocktoria's own computed scores — not investment advice.