Hormel Foods Corporation (HRL) Financial Statements
Hormel Foods financial statements at a glance
Hormel Foods reported revenue of $12.11 billion for fiscal year 2025 (ended October 26, 2025), up 1.6% from fiscal year 2024. Net income was $478.20 million, a net margin of 4.0%.
At the end of fiscal year 2025 it had total assets of $13.39 billion, total liabilities of $5.49 billion and shareholders' equity of $7.90 billion, with total debt of $2.86 billion.
Its operations brought in $845.25 million of cash.
The tables below show the income statement, balance sheet and cash flow statement; the key figures of the last 5 fiscal years are at the bottom of the page.
Figures from company filings, in USD; latest fiscal year ended October 26, 2025.
Hormel Foods Corporation
Income Statement
Annual • USD
Hormel Foods key figures by fiscal year
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Revenue | $12.1B | $11.9B | $12.1B | $12.5B | $11.4B |
| Gross profit | $1.9B | $2.0B | $2.0B | $2.2B | $1.9B |
| Operating income | $705.9M | $1.1B | $1.1B | $1.3B | $1.1B |
| Net income | $478.2M | $805.0M | $793.6M | $1,000.0M | $908.8M |
| Diluted EPS | – | – | – | – | $1.66 |
| Total assets | $13.4B | $13.4B | $13.4B | $13.3B | $12.7B |
| Total liabilities | $5.5B | $5.4B | $5.7B | $5.8B | $5.7B |
| Shareholders' equity | $7.9B | $8.0B | $7.7B | $7.5B | $7.0B |
| Cash | – | – | – | – | $613.5M |
| Total debt | $2.9B | $2.9B | $3.3B | $3.3B | $3.3B |
| Operating cash flow | $845.3M | $1.3B | $1.0B | $1.1B | $1.0B |
| Capital spending | – | – | – | – | $232.4M |
| Free cash flow | – | – | – | – | $769.5M |
In USD. Fiscal years as reported by the company; statements on this page go back to fiscal year 2020.
Questions and answers
What was Hormel Foods's revenue in fiscal year 2025?
$12.11 billion, up 1.6% from $11.92 billion in fiscal year 2024.
How much profit does Hormel Foods make?
Hormel Foods reported net income of $478.20 million for fiscal year 2025 (4.0% of revenue); operating income was $705.91 million.
How much cash and debt does Hormel Foods have?
At the end of fiscal year 2025: total debt of $2.86 billion.
