Hormel Foods (HRL): financials, SEC filings and peers

Hormel Foods (HRL) is a packaged foods & meats company in the Consumer Staples sector of the S&P 500, headquartered in Austin, Minnesota.

It was founded in 1891 and joined the S&P 500 on March 4, 2009.

Its fiscal year ends in October, and its shares trade on the NYSE.

In its SEC filings it is classified as “Meat Packing Plants”.

Hormel Foods at a glance

Revenue (12 months): $12.1B
Revenue growth: +0.7%
Operating margin: 4.7%
Net income (12 months): $343M
Free cash flow (12 months): $781M
Cash: $840M
Debt: $2.9B
Diluted EPS (12 months): $0.63

Twelve months to July 26, 2026, from the 10-Q filed August 27, 2026.

Latest twelve months

Over the twelve months to July 26, 2026, Hormel Foods reported revenue of $12.1 billion, about the same as a year earlier (+0.7%).

Its operating margin was 4.7%, down 3.7 percentage points from a year earlier: for every $100 of sales, about $5 was left as operating profit.

Net income was $343 million (2.8% of revenue), 54.6% lower than a year earlier.

Operating cash flow was $1.1 billion and capital spending $311 million, leaving free cash flow of $781 million (6.4% of revenue).

At the end of the period it held $840 million in cash and $2.9 billion in debt, a net debt position of $2.0 billion.

Five-year trend

Revenue went from $9.6 billion in fiscal 2020 to $12.1 billion in fiscal 2025, about 4.7% a year.
Operating margin narrowed from 11.5% to 5.9% over the same years.
Free cash flow was positive in each of the last 6 fiscal years.

Fiscal year	2021	2022	2023	2024	2025
Revenue	$11.4B	$12.5B	$12.1B	$11.9B	$12.1B
Revenue growth	18.5%	9.4%	-2.8%	-1.6%	1.6%
Operating margin	9.9%	10.5%	8.9%	9.0%	5.9%
Net income	$909M	$1000M	$794M	$805M	$478M
Free cash flow	$770M	$856M	$778M	$1.0B	$534M
Diluted EPS	$1.66	$1.82	$1.45	$1.47	$0.87

Fiscal years as reported in Hormel Foods’s 10-K filings. Free cash flow is operating cash flow minus capital spending.

Recent SEC filings

10-Q filed August 27, 2026 — quarterly report
8-K filed August 27, 2026 — Earnings results
8-K filed August 24, 2026 — Executive or director change
8-K filed July 28, 2026 — Executive or director change
8-K filed June 12, 2026 — Executive or director change
10-Q filed May 28, 2026 — quarterly report
8-K filed May 28, 2026 — Earnings results
10-Q filed February 26, 2026 — quarterly report

All Hormel Foods filings on SEC EDGAR

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Questions about Hormel Foods

Is Hormel Foods's revenue growing?

Yes. Revenue for the twelve months to July 26, 2026 was $12.1 billion, up 0.7% from a year earlier, according to its SEC filings.

Is Hormel Foods profitable?

Yes. It earned $343 million in net income over the twelve months to July 26, 2026, a net margin of 2.8%.

Does Hormel Foods have more cash or more debt?

At July 26, 2026 it had $840 million in cash and $2.9 billion in debt, so more debt than cash.

When did Hormel Foods last file financial results?

Its latest quarterly report (10-Q) was filed with the SEC on August 27, 2026.

Which companies are similar to Hormel Foods?

In the S&P 500, Hormel Foods is grouped in Packaged Foods & Meats within the Consumer Staples sector. General Mills (GIS), Hershey Company (The) (HSY), Kraft Heinz (KHC), Mondelez International (MDLZ), McCormick & Company (MKC) are in the same group.

Understand the numbers

Source: Hormel Foods’s filings with the U.S. Securities and Exchange Commission (EDGAR), retrieved September 27, 2026. Figures are as reported by the company and may be restated. This page is for information only and is not financial advice.