Hormel Foods Overview
- Year Founded
-
1891
- Status
-
Public
- Employees
-
20,000
- Stock Symbol
-
HRL
- Investments
-
29
- Share Price
-
$30.16
- (As of Wednesday Closing)
Hormel Foods General Information
Description
Historically meat-focused, Hormel Foods broadened its lineup to include other protein offerings and become a branded food company. The firm sells its wares through multiple channels, including US retail (62% of fiscal 2024 sales), US food service (32%), and international (6%). By product, 72% of fiscal 2024 sales were from perishable food and 28% from shelf-stable. Major brands include Hormel, Spam, Jennie-O, Columbus, Applegate, Planters, and Skippy. Many of these hold the number one or two market share in their respective categories.
Contact Information
Website
www.hormelfoods.comCorporate Office
- 1 Hormel Place
- Austin, MN 55912
- United States
Corporate Office
- 1 Hormel Place
- Austin, MN 55912
- United States
Hormel Foods Stock Performance
As of 18-Jun-2025, Hormel Foods’s stock price is $30.16. Its current market cap is $16.6B with 550M shares.
(As of Wednesday Closing)
| Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
|---|---|---|---|---|---|---|
| $30.16 | $30.06 | $27.59 - $33.80 | $16.6B | 550M | 3.08M | $1.36 |
Hormel Foods Financials Summary
As of 30-Apr-2025, Hormel Foods has a trailing 12-month revenue of $11.9B.
|
In Thousands, USD |
TTM 30-Apr-2025 | FY 2024 31-Oct-2024 | FY 2023 31-Oct-2023 | FY 2022 31-Oct-2022 |
|---|---|---|---|---|
| EV | 18,443,464 | 19,060,538 | 20,413,373 | 27,810,587 |
| Revenue | 11,924,157 | 11,920,797 | 12,110,010 | 12,458,806 |
| EBITDA | 1,267,750 | 1,325,688 | 1,325,357 | 1,548,491 |
| Net Income | 747,489 | 805,038 | 793,572 | 999,987 |
| Total Assets | 13,421,808 | 13,434,729 | 13,448,772 | 13,306,919 |
| Total Debt | 2,857,946 | 2,858,757 | 3,309,248 | 3,299,345 |
Hormel Foods Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Hormel Foods Comparisons
Industry
Financing
Details
Hormel Foods Competitors (71)
One of Hormel Foods’s 71 competitors is The Hershey, a Corporation company based in Hershey, PA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| The Hershey | Corporation | Hershey, PA | ||||
| General Mills (Food Products) | Corporation | Minneapolis, MN | ||||
| Treehouse Foods | Corporation | Oak Brook, IL | ||||
| The J. M. Smucker | Corporation | Orrville, OH | ||||
| Perdue Farms | Corporation | Kings Mountain, NC |
Hormel Foods Patents
Hormel Foods Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20250134112-A1 | Oven ready tray | Pending | 25-Oct-2023 | ||
| US-20200138069-A1 | Coated snacks | Pending | 01-Nov-2018 | ||
| US-20210403222-A1 | Microwaveable packaged food product | Inactive | 28-Jun-2017 | ||
| US-20190002183-A1 | Microwaveable packaged food product | Inactive | 28-Jun-2017 | ||
| CA-3068300-A1 | Microwaveable packaged food product | Inactive | 28-Jun-2017 | B65D81/3461 |
Hormel Foods Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Hormel Foods Investments & Acquisitions (29)
Hormel Foods’s most recent deal was a Secondary Transaction - Private with Garudafood Putra Putri Jaya. The deal was made on 15-Dec-2022.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Garudafood Putra Putri Jaya | 15-Dec-2022 | Secondary Transaction - Private | Food Products | ||
| Tudung Putra Putri Jaya | 15-Dec-2022 | Merger/Acquisition | Food Products | ||
| Kraft Heinz (Planters Peanuts & Snacks Business) | 07-Jun-2021 | Merger/Acquisition | Food Products | ||
| Planters | 07-Jun-2021 | Merger/Acquisition | Food Products | ||
| Sadler's Smokehouse | 02-Mar-2020 | Merger/Acquisition | Food Products |
Hormel Foods ESG
Risk Overview
Risk Rating
Updated April, 18, 2025
25.66 | 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
Management
Management is related to actions taken to manage ESG issues
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
of 14,673
Rank
Percentile
Food Products
Industry
of 546
Rank
Percentile
Packaged Foods
Subindustry
of 316
Rank
Percentile
Hormel Foods Exits (4)
Hormel Foods’s most recent exit was on 01-May-2019 from Egg Innovations. The exit was categorized as .
| Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
|---|---|---|---|---|---|
| Egg Innovations | 01-May-2019 | Completed |
|
||
| Muscle Milk | 12-Aug-2014 | Completed |
|
||
| Clougherty Packing | 30-Dec-2004 | Completed |
|
||
| DYMA Brands | 30-Dec-2002 | Merger/Acquisition | Completed |
Hormel Foods Affiliates
Subsidiaries (12)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| Hormel Foods Asia Pacific | Singapore, Singapore | 2017 | |
| Tudung Putra Putri Jaya | Jakarta Selatan, Indonesia | 2006 | |
| Justin's | Boulder, CO | 2002 | |
| Campoco | Austin, MN | 1998 | |
| Applegate Farms | Bridgewater, NJ | 1987 |
Hormel Foods FAQs
-
When was Hormel Foods founded?
Hormel Foods was founded in 1891.
-
Where is Hormel Foods headquartered?
Hormel Foods is headquartered in Austin, MN.
-
What is the size of Hormel Foods?
Hormel Foods has 20,000 total employees.
-
What industry is Hormel Foods in?
Hormel Foods’s primary industry is Food Products.
-
Is Hormel Foods a private or public company?
Hormel Foods is a Public company.
-
What is Hormel Foods’s stock symbol?
The ticker symbol for Hormel Foods is HRL.
-
What is the current stock price of Hormel Foods?
As of 18-Jun-2025 the stock price of Hormel Foods is $30.16.
-
What is the current market cap of Hormel Foods?
The current market capitalization of Hormel Foods is $16.6B.
-
What is Hormel Foods’s current revenue?
The trailing twelve month revenue for Hormel Foods is $11.9B.
-
Who are Hormel Foods’s competitors?
The Hershey, General Mills (Food Products), Treehouse Foods, The J. M. Smucker, and Perdue Farms are some of the 71 competitors of Hormel Foods.
-
What is Hormel Foods’s annual earnings per share (EPS)?
Hormel Foods’s EPS for 12 months was $1.36.
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