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)
Austin, US
Size (employees)
21,100 (est)
Hormel Foods Corporation was founded in 1891 and is headquartered in Austin, US

Key People/Management 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 Financials and Metrics

Hormel Foods Corporation Financials

Hormel Foods Corporation's revenue was reported to be $9.5 b in FY, 2016

Revenue (Q3, 2017)

2.2 b

Gross profit (Q3, 2017)

452.4 m

Gross profit margin (Q3, 2017), %


Net income (Q3, 2017)

182.6 m

EBIT (Q3, 2017)

279.7 m

Market capitalization (13-Nov-2017)

17.5 b

Cash (30-Jul-2017)

633.3 m
Hormel Foods Corporation's current market capitalization is $17.5 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016


8.8 b9.3 b9.3 b9.5 b

Revenue growth, %


Cost of goods sold

7.3 b7.5 b7.4 b

Gross profit

1.4 b1.8 b2.2 b
USDQ1, 2014Q2, 2014Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017


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

Cost of goods sold

1.8 b1.9 b1.8 b1.7 b1.8 b1.8 b1.7 b1.7 b1.8 b

Gross profit

398.6 m378.8 m409.4 m558 m526.4 m475.3 m552.3 m486.9 m452.4 m

Gross profit Margin, %

USDFY, 2015FY, 2016


347.2 m415.1 m

Accounts Receivable

605.7 m591.3 m


993.3 m985.7 m

Current Assets

2.1 b2 b
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017


349.2 m375.2 m379.9 m379.6 m609.8 m548.9 m633.3 m

Accounts Receivable

549.1 m554.7 m548.5 m564.9 m530.9 m525.3 m549 m


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

Current Assets

2 b1.9 b2 b2 b2.1 b2.1 b2.2 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


968 m1.1 b
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Net Income

499.8 m235.2 m450.6 m646.3 m235.3 m446.2 m628.7 m

Depreciation and Amortization

99 m31.8 m63.9 m96.5 m31.3 m63.3 m96.1 m

Accounts Receivable

505 m515.2 m536.5 m578.2 m578.7 m79 m51 m57.2 m47.8 m36.5 m42 m18.3 m


924.5 m1.1 b1.1 b1 b963.5 m(47.8 m)(72.6 m)
Show all financial metrics

Hormel Foods Corporation Operating Metrics

FY, 2014FY, 2015FY, 2016Jun, 2017



Patents (foreign)


Patents (US)


SKUs Offered

10 k
Show all operating metrics

Hormel Foods Corporation Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
Columbus ManufacturingOctober 31, 2017$850 m
CerattiAugust 24, 2017$104 m
Fontanini Italian Meats and SausagesAugust 17, 2017$425 m
Justin’sMay 18, 2016$286 m
ApplegateJuly 13, 2015$775 m
CytoSportJuly 01, 2014$450 m
SKIPPYJanuary 03, 2013$700 m
Shedd’s Country Crock Business - UnileverFebruary 04, 2010
Boca Grande Foods, Inc.June 12, 2008$23.3 m
Burke CorporationAugust 22, 2007$110 m
Provena Foods Inc.December 17, 2006$18 m
Saag’s ProductsNovember 26, 2006
Valley FreshApril 02, 2006$78 m
Mark Lynn Foods, Inc.April 03, 2005$42.5 m
Lloyd’s BarbequeMarch 20, 2005
Arriba Foods, Inc.January 30, 2005$47 m
Farmer JohnDecember 30, 2004$186 m
Century Foods InternationalJuly 30, 2003$115 m
Diamond Crystal BrandsApril 29, 2001$65 m
Jennie-O Turkey StoreJanuary 22, 2001$344.4 m

Hormel Foods Corporation Market Value History

Hormel Foods Corporation Revenue Breakdown

Hormel Foods Corporation's Web-traffic and Trends

Hormel Foods Corporation Online and Social Media Presence

Hormel Foods Corporation Company Life and Culture

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