Hormel Foods Overview

  • Year Founded
  • 1891

Year Founded

  • Status
  • Public

  • Employees
  • 20,000

Employees

  • Stock Symbol
  • HRL

Stock Symbol

  • 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

Formerly Known As
Geo A. Hormel & Company, Geo. A. Hormel & Company., Hormel Geo A & Co
Ownership Status
Publicly Held
Financing Status
Corporation
Corporate Office
  • 1 Hormel Place
  • Austin, MN 55912
  • United States
+1 (507)
Primary Industry
Food Products
Stock Exchange
NYS
Corporate Office
  • 1 Hormel Place
  • Austin, MN 55912
  • United States
+1 (507)

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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
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
Historically meat-focused, Hormel Foods broadened its lineup to include other protein offerings and become a branded foo
Food Products
Austin, MN
20,000 As of 2024

Hershey, PA
 

Minneapolis, MN
 
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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
You’re viewing 5 of 71 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-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
To view Hormel Foods’s complete patent history, request access »

Hormel Foods Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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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
You’re viewing 5 of 29 investments and acquisitions. Get the full list »

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

To view Hormel Foods’s complete esg history, request access »

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
To view Hormel Foods’s complete exits history, request access »

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
You’re viewing 5 of 12 affiliates. Get the full list.  »

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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