Hormel Foods Overview

  • Founded
  • 1891

Founded
  • Status
  • Public

  • Employees
  • 20,000

Employees
  • Stock Symbol
  • HRL

Stock Symbol
  • Investments
  • 27

  • Share Price
  • $44.89

  • (As of Friday Closing)

Hormel Foods General Information

Description

Hormel Foods is a protein-focused branded food company. Its brands include its namesake Hormel, Spam, Jennie-O, Dinty Moore, Applegate, Wholly Guacamole, Planters, and Skippy. The vast majority of the company's revenue is U.S.-based: 62% U.S. retail, 31% U.S. food service, and 6% international. By product type, in fiscal 2022, 17% of revenue was shelf-stable foods, 27% was poultry (branded and commodity), 53% was other perishable food, and 3% was other, primarily nutritional products. The company holds the number-one market position in shelf-stable meat, shelf-stable ready meals, pepperoni, natural/organic deli meat, and guacamole and the number-two position in turkey, bacon, chilled ready meals, and peanut butter.

Contact Information

Ownership Status
Publicly Held
Financing Status
Corporation
Primary Industry
Food Products
Stock Exchange
NYS
Primary Office
  • 1 Hormel Place
  • Austin, MN 55912
  • United States
+1 (507) 000-0000

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Hormel Foods Stock Performance

(As of Friday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$44.89 $44.76 $44.08 - $55.11 $24.5B 546M 1.71M $1.84

Hormel Foods Financials Summary

In Thousands,
USD
TTM 31-Oct-2022 FY 2022 31-Oct-2022 FY 2021 31-Oct-2021 FY 2020 31-Oct-2020
EV 27,810,587 27,810,587 25,981,713 25,836,412
Revenue 12,458,806 12,458,806 11,386,189 9,608,462
EBITDA 1,575,359 1,575,359 1,351,005 1,306,001
Net Income 999,987 999,987 908,839 908,082
Total Assets 13,306,919 13,306,919 12,696,329 9,908,282
Total Debt 3,299,345 3,299,345 3,323,903 1,303,627
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Hormel Foods Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Hormel Foods Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Hormel Foods is a protein-focused branded food company. Its brands include its namesake Hormel, Spam, Jennie-O, Dinty Mo
Food Products
Austin, MN
20,000 As of 2022
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Hershey, PA
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0000 00000000
Minneapolis, MN
00000 As of 0000
00.000
00000000000 00.000
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Hormel Foods Competitors (45)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Hershey Corporation Hershey, PA 00000 00000000000
0000000 00000 Corporation Minneapolis, MN 00000 00.000 00000000000 00.000
000000000 00000 Corporation Oak Brook, IL 00000 000000000
0000000 000000 Corporate Backed or Acquired Chicago, IL 00000 000000 - 000
00000 00000 Corporation Springdale, AR 000000 000.00 000000000 000.00
You’re viewing 5 of 45 competitors. Get the full list »

Hormel Foods Patents

Hormel Foods Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20200138069-A1 Coated snacks Pending 01-Nov-2018 000000000
CA-3068300-A1 Microwaveable packaged food product Pending 28-Jun-2017 00000000000
US-20190002183-A1 Microwaveable packaged food product Inactive 28-Jun-2017 00000000000 00
US-20210403222-A1 Microwaveable packaged food product Pending 28-Jun-2017 00000000000 0
US-20200115139-A1 Microwaveable packaged food product Inactive 28-Jun-2017 B65D81/3461
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Hormel Foods Executive Team (40)

Name Title Board Seat Contact Info
James Snee President, Chief Executive Officer and Chairman of the Board
Jacinth Smiley Executive Vice President and Chief Financial Officer
James Sheehan Vice President & Controller
Paul Kuehneman Vice President and Controller, Finance
Pierre Lilly Senior Vice President & Chief Compliance Officer, Legal
You’re viewing 5 of 40 executive team members. Get the full list »

Hormel Foods Board Members (15)

Name Representing Role Since
00000000000 000000 Hormel Foods Board Member 000 0000
0000 000000 00.0 Self Board Member 000 0000
0000 00000000 Self Board Member 000 0000
00000 0000 Hormel Foods President, Chief Executive Officer and Chairman of the Board 000 0000
0000 00000 0000000 Hormel Foods Board Member 000 0000
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Hormel Foods Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Hormel Foods Investments & Acquisitions (27)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
0000000000 00 15-Dec-2022 000000000 Food Products 000 00000
00000 00000 ( 07-Jun-2021 0000000000 00.00 Food Products 00000 000
00000000 07-Jun-2021 0000000000 00.00 Food Products 00000 000
000000'0 0000 02-Mar-2020 0000000000 00000 Food Products 00000 000
Columbus Manufacturing 27-Nov-2017 Merger/Acquisition 00000 Food Products 00000 000
You’re viewing 5 of 27 investments and acquisitions. Get the full list »

Hormel Foods Subsidiaries (11)

Company Name Industry Location Founded
Justin's Food Products Boulder, CO 2002
000000 00000 00000 Corporate Pension Austin, MN 0000
000000000 00000 Food Products Bridgewater, NJ 0000
00000 00000 Food Products Nevada, IA 0000
000000'0 000000000 Food Products Henderson, TX 0000
You’re viewing 5 of 11 subsidiaries. Get the full list »

Hormel Foods ESG

Risk Overview

Risk Rating

Updated September, 13, 2022

29.91 | Med Risk

Risk Scale

A lower score indicates better sustainability

Negl

0-10

Low

10-20

Med

20-30

High

30-40

Severe

40+

Exposure

Exposure refers to the extent to which a company is exposed to different material ESG issues

00.00

Management

Management is related to actions taken to manage ESG issues

00.00

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

00 of 15,613

Rank

00.00

Percentile

Food Products

Industry

00 of 605

Rank

00.00

Percentile

Packaged Foods

Subindustry

00 of 356

Rank

00.00

Percentile

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Hormel Foods Exits (3)

Company Name Exit Date Exit Type Exit Size Status Buyers
000000000 12-Aug-2014 000000000000000000 00000 Completed
  • 000000 00000
0000000000 0000000 30-Dec-2004 000000000000000000 00000 Completed
  • 000000 00000
DYMA Brands 30-Dec-2002 Merger/Acquisition 00000 Completed
To view Hormel Foods’s complete exits history, request access »