Hormel Foods Corporation

Hormel Foods is a Fortune 500, multinational manufacturer and marketer of consumer-branded food and meat products, many of which are among the best known and trusted in the food industry. The company leverages its extensive expertise, innovation and high competencies in pork and turkey processing and marketing to bring quality, value-added brands to the global marketplace. The company enjoys a strong reputation among consumers, retail grocers, foodservice and industrial customers for products highly regarded for quality, taste, nutrition, convenience and value.

Company Growth (employees)
Type
Public
HQ
Austin, US
Founded
1891
Size (employees)
21,100 (est)
Hormel Foods Corporation was founded in 1891 and is headquartered in Austin, US

Key People at Hormel Foods Corporation

James P. Snee

James P. Snee

President & Chief Executive Officer

Hormel Foods Corporation Office Locations

Hormel Foods Corporation has an office in Austin
Austin, US (HQ)
1 Hormel Pl

Hormel Foods Corporation Data and Metrics

Hormel Foods Corporation Financial Metrics

Hormel Foods Corporation's revenue was reported to be $2.2 b in Q2, 2017
USD

Revenue (Q2, 2017)

2.2 b

Gross profit (Q2, 2017)

486.9 m

Gross profit margin (Q2, 2017), %

22%

Net income (Q2, 2017)

446.2 m

EBIT (Q2, 2017)

316 m

Market capitalization (21-Sep-2017)

16.8 b

Cash (30-Apr-2017)

548.9 m
Hormel Foods Corporation's current market capitalization is $16.8 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

8.8 b9.3 b9.3 b9.5 b

Revenue growth, %

6%(1%)3%

Cost of goods sold

7.3 b7.5 b7.4 b

Gross profit

1.4 b1.8 b2.2 b
USDQ3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Revenue

2.2 b2.3 b2.3 b2.3 b2.3 b2.2 b

Cost of goods sold

1.8 b1.7 b1.8 b1.8 b1.7 b1.7 b

Gross profit

409.4 m558 m526.4 m475.3 m552.3 m486.9 m

Gross profit Margin, %

19%24%23%21%24%22%
USDFY, 2015FY, 2016

Cash

347.2 m415.1 m

Accounts Receivable

605.7 m591.3 m

Inventories

993.3 m985.7 m

Current Assets

2.1 b2 b
USDQ3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Cash

349.2 m375.2 m379.9 m379.6 m609.8 m548.9 m

Accounts Receivable

549.1 m554.7 m548.5 m564.9 m530.9 m525.3 m

Inventories

984.5 m994.8 m1 b1 b958.1 m988.4 m

Current Assets

2 b1.9 b2 b2 b2.1 b2.1 b
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

530.1 m687.3 m890.5 m

Depreciation and Amortization

132 m

Accounts Receivable

551.5 m609.5 m22.5 m21.4 m

Inventories

968 m1.1 b
USDQ3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Net Income

499.8 m235.2 m450.6 m646.3 m235.3 m446.2 m

Depreciation and Amortization

99 m31.8 m63.9 m96.5 m31.3 m63.3 m

Accounts Receivable

536.5 m578.2 m578.7 m79 m51 m57.2 m47.8 m36.5 m42 m

Inventories

1.1 b1 b963.5 m(47.8 m)
Show all financial metrics

Hormel Foods Corporation Market Value History

Traffic Overview of Hormel Foods Corporation

Hormel Foods Corporation Online and Social Media Presence

Hormel Foods Corporation Company Life and Culture

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