Income Statement

HORMEL FOODS CORP /DE/

HRL
Annual
Performance Overview Click any row in the table to add it to this chart
in millions USD
Metric Oct 31, 2025 2025 FY Oct 31, 2024 2024 FY Oct 31, 2023 2023 FY Oct 31, 2022 2022 FY Oct 31, 2021 2021 FY Oct 31, 2020 2020 FY Oct 31, 2019 2019 FY Oct 31, 2018 2018 FY Oct 31, 2017 2017 FY Oct 31, 2016 2016 FY Oct 31, 2015 2015 FY Oct 31, 2014 2014 FY Oct 31, 2013 2013 FY Oct 31, 2012 2012 FY Oct 31, 2011 2011 FY Oct 31, 2010 2010 FY
Revenue
- - - - - - - - 9,167.52 9,523.22 9,263.86 9,316.26 8,751.65 8,230.67 7,895.09 7,220.72
Cost of Revenue
10,214.34 9,898.66 10,110.17 10,294.12 9,458.28 7,782.50 7,612.67 7,550.27 - - - - - - - -
Gross Profit
1,891.82 2,022.14 1,999.84 2,164.69 1,927.91 1,825.96 1,884.65 1,995.43 2,003.16 2,158.18 1,808.58 1,564.98 1,412.82 1,331.85 1,334.11 1,238.74
Operating Expenses
996.62 1,005.29 942.17 879.27 853.07 761.32 727.58 838.21 762.10 871.97 743.61 650.95 627.34 605.87 618.59 605.29
Research & Development
- - - - - - - - - - - - - - - -
Selling, General & Administrative
996.62 1,005.29 942.17 879.27 853.07 761.32 727.58 838.21 762.10 871.97 743.61 650.95 627.34 605.87 618.59 605.29
Other Operating Expenses
- - - - - - - - - - - - - - - -
Operating Income
895.19 1,016.84 1,057.67 1,285.42 1,074.84 1,064.65 1,157.06 1,157.23 1,241.06 1,286.20 1,064.97 914.04 785.48 725.98 715.53 633.45
Non-Operating Income
235.52 -215.30 -214.48 -99.30 46.88 35.60 31.52 8.86 10.86 6.19 2.93 3.24 4.97 6.52 -0.79 4.57
Interest Income
- - - - - - - - - - - - - - - -
Interest Expense
- - 73.40 62.52 43.31 21.07 18.07 26.49 12.68 12.87 13.11 12.70 12.45 12.86 22.66 26.59
Other Non-Op Income / Expense
31.04 51.09 42.75 27.19 47.76 35.57 39.20 58.97 39.59 38.69 26.85 17.59 20.51 38.69 26.76 13.13
Income Before Tax
663.45 1,035.43 1,013.47 1,278.10 1,126.17 1,114.75 1,209.72 1,181.28 1,278.65 1,317.22 1,057.14 922.15 798.51 758.34 718.84 -
Income Tax Expense
185.25 230.40 219.90 278.12 217.33 206.67 230.91 169.14 431.91 427.16 371.06 319.48 272.30 258.29 239.64 224.78
Non-Controlling Interest
0.43 -0.41 -0.65 0.24 0.30 0.27 0.34 0.44 0.37 0.47 1.18 3.35 3.87 4.91 5.00 4.19
Net Income
478.20 805.04 793.57 999.99 908.84 908.08 978.81 1,012.14 846.74 890.05 686.09 602.68 526.21 500.05 479.20 395.59
Supplemental Per share data, derived & other items — not part of the income statement
in millions USD unless noted
Metric Oct 31, 2025 2025 FY Oct 31, 2024 2024 FY Oct 31, 2023 2023 FY Oct 31, 2022 2022 FY Oct 31, 2021 2021 FY Oct 31, 2020 2020 FY Oct 31, 2019 2019 FY Oct 31, 2018 2018 FY Oct 31, 2017 2017 FY Oct 31, 2016 2016 FY Oct 31, 2015 2015 FY Oct 31, 2014 2014 FY Oct 31, 2013 2013 FY Oct 31, 2012 2012 FY Oct 31, 2011 2011 FY Oct 31, 2010 2010 FY
Depreciation & Amortization
- - - - - - - - - - - - - - - -
EBITDA
895.19 1,016.84 1,057.67 1,285.42 1,074.84 1,064.65 1,157.06 1,157.23 1,241.06 1,286.20 1,064.97 914.04 785.48 725.98 715.53 633.45
Earnings Per Share (Basic)
0.87 1.47 1.45 1.84 1.68 1.69 1.83 1.91 1.60 1.68 2.60 2.28 1.99 1.90 1.78 2.97
Diluted EPS
0.87 1.47 1.45 1.82 1.66 1.66 1.80 1.86 1.57 1.64 2.54 2.23 1.95 1.86 1.74 2.92
Weighted Average Shares
550.16 548.13 546.42 544.92 541.11 538.01 534.58 530.74 528.36 529.29 264.07 263.81 264.32 263.47 266.39 133.37
Diluted Weighted Avg Shares
550.50 548.83 548.98 549.57 547.58 546.59 545.23 543.87 539.12 542.47 270.50 270.22 270.22 268.89 271.92 135.35
Comprehensive Income
497.88 813.96 776.88 1,021.70 1,026.82 912.33 876.60 1,016.72 894.96 819.42 667.73 544.19 700.57 351.96 - -