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 $9.5 b in FY, 2016 which is a 3% increase from the previous period.
Numbers are in $, USD

Revenue (FY, 2016)

9.5 b

Revenue growth (FY, 2015 - FY, 2016), %

3%

Gross profit (FY, 2016)

2.2 b

Gross profit margin (FY, 2016), %

23%

Net income (FY, 2016)

890.5 m

EBIT (FY, 2016)

1.3 b

Market capitalization (25-May-2017)

17.5 b

Closing share price (25-May-2017)

35.4

Cash (30-Oct-2016)

415.1 m

EV

17.1 b
Hormel Foods Corporation's current market capitalization is $17.5 b.
Numbers are in $, 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

Gross profit Margin, %

16%20%23%

EBIT

806 m1.1 b1.3 b

EBIT margin, %

9%12%14%

Pre tax profit

798.5 m1.1 b1.3 b

Net Income

530.1 m687.3 m890.5 m
Numbers are in $, USDFY, 2013FY, 2014FY, 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

PP&E

1 b1.1 b

Goodwill

1.7 b1.8 b

Total Assets

6.1 b6.4 b

Accounts Payable

495.3 m481.8 m

Total Debt

Current Liabilities

1.2 b1.1 b

Retained Earnings

4.2 b4.7 b
Numbers are in $, USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

530.1 m687.3 m890.5 m

Accounts Receivable

551.5 m609.5 m22.5 m21.4 m

Inventories

968 m1.1 b

Accounts Payable

387.3 m484 m

Cash From Operating Activities

992 m992.8 m

Cash From Investing Activities

(900.9 m)(409 m)

Cash From Financing Activities

(70.6 m)(509.6 m)
Numbers are in $, USDY, 2016

EV/EBIT

12.9 x

EV/CFO

17.2 x

Revenue/Employee

455.7 k

Hormel Foods Corporation Market Value History

Hormel Foods Corporation Online and Social Media Presence

Hormel Foods Corporation Company Life and Culture

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