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Hormel Foods - Stock

Hormel Foods Net Income 2024

Hormel Foods Net Income

876.16 M USD

Ticker

HRL

ISIN

US4404521001

WKN

850875

In 2024, Hormel Foods's profit amounted to 876.16 M USD, a 10.41% increase from the 793.57 M USD profit recorded in the previous year.

The Hormel Foods Net Income history

YEARNET INCOME (undefined USD)
2028e1.25
2027e1.2
2026e1.02
2026e1.01
2025e0.93
2024e0.88
20230.79
20221
20210.91
20200.91
20190.98
20181.01
20170.85
20160.89
20150.69
20140.6
20130.53
20120.5
20110.47
20100.4
20090.34
20080.29
20070.3
20060.29
20050.26
20040.23

Hormel Foods Aktienanalyse

What does Hormel Foods do?

Hormel Foods Corp is an American company headquartered in Austin, Minnesota. The company was founded in 1891 and has been steadily growing since then. Today, it is one of the largest meat producers in the USA and distributes its products worldwide. The business model of Hormel Foods is based on manufacturing and marketing high-quality meat products. The company places great importance on quality and sustainability. Hormel Foods works with local farmers and suppliers to ensure that animals are treated ethically and that the company upholds ethical standards. Hormel Foods operates various divisions, including Refrigerated Foods, Grocery Products, Jennie-O Turkey Store, Specialty Foods, and International & Other. Each division specializes in different products and serves different markets. Refrigerated Foods is the largest division of Hormel Foods. It produces fresh meat products such as pork, beef, and poultry. Some of the most well-known products from this division include Spam, Hormel Pepperoni, and Hormel Natural Choice. Grocery Products is another important division of Hormel Foods. It manufactures non-perishable foods that are sold in supermarkets and other retail stores. Some of the most well-known products include Skippy Peanut Butter, Dinty Moore Beef Stew, and Hormel Chili. Jennie-O Turkey Store is another important part of Hormel Foods. It produces poultry products such as turkey breast, turkey leg, and turkey burgers. The company specializes in these products and offers a wide range of poultry products that are sold in supermarkets and restaurants. Specialty Foods is another division of Hormel Foods that specializes in niche markets. It produces high-quality foods that target specific demographics. Some of the most well-known products from this division include Justin's Nut Butter, Applegate Naturals, and Hormel Gatherings. International & Other is the smallest division of Hormel Foods, focusing on international markets. It manufactures and markets products for sale in international markets. Overall, Hormel Foods offers a wide range of products ranging from meat products to peanut butter and gourmet salads. Hormel Foods has built a long history over the years and has become one of the largest food manufacturers in the USA. The company has achieved success by manufacturing high-quality products and adhering to ethical and sustainable standards. The various divisions of Hormel Foods allow the company to offer a wide range of products and serve different target groups. Hormel Foods ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Net Income Details

Understanding Hormel Foods's Profit Margins

The profit margins of Hormel Foods represent the net income earned after deducting all operational expenses, costs, and taxes from the revenue. This figure is a clear indicator of Hormel Foods's financial health, operational efficiency, and profitability. Higher profit margins signify better cost management and income generation capabilities.

Year-to-Year Comparison

Evaluating Hormel Foods's profit on a yearly basis can offer significant insights into its financial growth, stability, and trends. A consistent increase in profit suggests improved operational efficiency, cost management, or increased revenue, while a decrease may indicate rising costs, declining sales, or operational challenges.

Impact on Investments

Hormel Foods's profit figures are critical for investors who are aiming to understand the company's financial standing and future growth prospects. Increased profits often lead to higher stock valuations, boosting investor confidence and attracting more investments.

Interpreting Profit Fluctuations

When Hormel Foods’s profit increases, it often indicates enhanced operational efficiency or increased sales. In contrast, a decline in profit can signal operational inefficiencies, increased costs, or competitive pressures, necessitating strategic interventions to boost profitability.

Frequently Asked Questions about Hormel Foods Stock

How much profit has Hormel Foods made this year?

Hormel Foods has made 876.16 M USD this year.

How has the profit developed compared to last year?

The profit has increased by 10.41% compared to last year increased

What impact do the earnings have on the shareholders?

An increase in earnings is usually seen as a positive indicator for shareholders as it means that the company is generating profits.

How does Hormel Foods publish its earnings?

Hormel Foods publishes its earnings in the form of quarterly or annual reports.

Which financial indicators are included in the quarterly or annual reports?

The quarterly or annual reports contain information about sales and profit, cash flow, balance sheet, and other fundamentals.

Why is it important for investors to know the earnings of Hormel Foods?

The profits of Hormel Foods are an important indicator of the financial health of the company and can help investors decide whether they want to invest in the company or not.

How can one learn more about the earnings of Hormel Foods?

You can learn more about the earnings of Hormel Foods by reviewing the quarterly or annual reports or following the company presentations.

How much dividend does Hormel Foods pay?

Over the past 12 months, Hormel Foods paid a dividend of 1.1 USD . This corresponds to a dividend yield of about 3.59 %. For the coming 12 months, Hormel Foods is expected to pay a dividend of 1.16 USD.

What is the dividend yield of Hormel Foods?

The current dividend yield of Hormel Foods is 3.59 %.

When does Hormel Foods pay dividends?

Hormel Foods pays a quarterly dividend. This is distributed in the months of November, February, May, August.

How secure is the dividend of Hormel Foods?

Hormel Foods paid dividends every year for the past 97 years.

What is the dividend of Hormel Foods?

For the upcoming 12 months, dividends amounting to 1.16 USD are expected. This corresponds to a dividend yield of 3.79 %.

In which sector is Hormel Foods located?

Hormel Foods is assigned to the 'Non-cyclical consumption' sector.

Wann musste ich die Aktien von Hormel Foods kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Hormel Foods from 8/15/2024 amounting to 0.283 USD, you needed to have the stock in your portfolio before the ex-date on 7/15/2024.

When did Hormel Foods pay the last dividend?

The last dividend was paid out on 8/15/2024.

What was the dividend of Hormel Foods in the year 2023?

In the year 2023, Hormel Foods distributed 1.04 USD as dividends.

In which currency does Hormel Foods pay out the dividend?

The dividends of Hormel Foods are distributed in USD.

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Andere Kennzahlen von Hormel Foods

Our stock analysis for Hormel Foods Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Hormel Foods Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.