US stock · Consumer Defensive sector · Packaged Foods
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Hormel Foods Corporation

HRLNYSE

45.24

USD
-0.10
(-0.22%)
Market Closed
24.86P/E
22Forward P/E
1.13P/E to S&P500
24.720BMarket CAP
2.29%Div Yield
Upcoming Earnings
27 Feb-3 Mar
Shares Short
1/13/23
9.65M
Short % of Float
3.34%
Short % of Shares Outs.
1.77%
% Held by Insiders
47.16%
% Held by Institutions
41.39%
Beta
0.18
PEG Ratio
4.36
52w. high/low
55.11/44.08
Avg. Daily Volume
1.73M
Return %
Stock
S&P 500
1 year
(4.19)
(7.99)
3 years
(4.96)
24.38
5 years
36.68
53.16
Scale: |
High
Low
10.69
6.20
10.11
7.29
13.07
9.44
15.25
12.26
15.81
13.64
23.09
15.73
27.70
21.41
40.39
25.07
45.72
33.18
38.00
29.75
46.26
31.71
45.84
37.00
52.97
39.01
50.86
40.48
55.11
44.21
47.03
44.08
Currency: USD
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
Revenue per share
11.28
12.48
12.17
13.54
14.82
15.62
16.56
17.66
17.54
17.99
17.35
17.99
17.77
17.86
21.04
22.86
Earnings per share
0.55
0.53
0.64
0.74
0.89
0.95
1.00
1.14
1.30
1.68
1.60
1.91
1.83
1.69
1.68
1.84
FCF per share
0.38
0.27
0.85
0.74
0.74
0.73
1.00
1.11
1.61
1.39
1.49
1.61
1.18
1.41
1.42
1.57
Dividends per share
0.15
0.18
0.19
0.21
0.24
0.29
0.33
0.39
0.47
0.56
0.65
0.73
0.82
0.91
0.97
1.02
CAPEX per share
0.23
0.23
0.18
0.17
0.18
0.25
0.20
0.30
0.27
0.48
0.42
0.73
0.55
0.68
0.43
0.51
Book Value per sh.
3.43
3.71
3.95
4.50
4.99
5.35
6.26
6.83
7.57
8.40
9.34
10.55
11.08
11.94
12.89
13.83
Comm.Shares outs.
549
541
537
533
533
527
529
528
528
529
528
531
535
538
541
545
Avg. annual P/E ratio
16.9
17.1
13.5
14.5
15.8
15.5
20.4
21.4
23.4
22.7
21.3
19.8
23.0
28.4
27.4
26.4
P/E to S&P500
1.0
0.8
0.2
0.7
1.0
1.0
1.2
1.2
1.2
1.0
0.9
0.8
1.0
0.8
0.9
1.2
Avg. annual div. yield
1.6%
2.0%
2.2%
1.9%
1.7%
2.0%
1.6%
1.6%
1.6%
1.5%
1.9%
1.9%
1.9%
1.9%
2.1%
2.1%
Revenue (m)
6,193
6,755
6,534
7,221
7,895
8,231
8,752
9,316
9,264
9,523
9,168
9,546
9,497
9,608
11,386
12,459
Operating margin
7.8%
7.6%
8.2%
9.0%
9.4%
9.3%
9.2%
10.0%
11.5%
13.9%
14.0%
12.6%
12.6%
11.5%
9.9%
10.5%
Depreciation (m)
127
126
127
126
124
119
125
130
133
132
131
162
165
206
228
263
Net profit (m)
302
286
343
396
474
500
526
603
686
890
847
1,012
979
908
909
1,000
Income tax rate
35.7%
37.6%
34.7%
36.0%
33.3%
33.4%
33.6%
34.3%
35.0%
32.4%
33.7%
14.3%
19.1%
18.5%
19.3%
21.7%
Net profit margin
4.9%
4.2%
5.2%
5.5%
6.0%
6.1%
6.0%
6.5%
7.4%
9.3%
9.2%
10.6%
10.3%
9.5%
8.0%
8.0%
Working capital (m)
567
657
890
757
1,220
1,534
1,263
1,178
849
977
968
911
1,256
2,075
1,532
2,164
Long-term debt (m)
350
350
350
- -
250
250
250
250
250
250
250
625
250
1,045
3,315
3,291
Equity (m)
1,885
2,008
2,123
2,401
2,657
2,819
3,311
3,606
3,998
4,448
4,936
5,601
5,921
6,426
6,973
7,535
ROIC
11.7%
11.3%
12.0%
14.1%
14.2%
13.5%
13.0%
13.6%
14.1%
16.9%
14.5%
14.8%
14.2%
11.0%
8.4%
8.9%
Return on capital
14.7%
14.2%
15.0%
16.0%
17.4%
16.8%
16.4%
17.1%
17.4%
20.9%
18.5%
14.8%
15.1%
11.5%
9.2%
10.1%
Return on equity
16.0%
14.2%
16.1%
16.5%
17.8%
17.7%
15.9%
16.7%
17.2%
20.0%
17.2%
18.1%
16.5%
14.1%
13.0%
13.3%
Plowback ratio
73.1%
66.5%
70.4%
72.6%
72.9%
69.9%
67.1%
66.5%
63.5%
66.7%
59.2%
61.7%
55.4%
46.3%
42.5%
44.2%
Div.&Repurch./FCF
79.5%
113.3%
30.7%
45.2%
71.9%
55.4%
46.2%
44.6%
32.5%
52.1%
55.8%
51.0%
97.2%
65.7%
70.6%
65.2%
Capital Structure
6 Dec · 2022 | Q4
All numbers in millions
Total liabilities
$ 5,767
Total assets
$ 13,307
Long-term debt
$ 3,291
Cash and equiv.
$ 982
Goodwill
$ 4,926
Retained earnings
$ 7,313
Common stock
546
Enterprise Value
$ 27,029
Working Capital
Currency: USD, in millions
2020
2021
2022
Cash & Investments
1,732
635
998
Receivables
744
904
875
Inventory
1,073
1,369
1,716
Other
31
(1,061)
(684)
Current assets
3,579
2,948
3,637
Acc. Payable
645
793
817
Debt due
259
9
9
Other
601
614
648
Current liabilities
1,504
1,416
1,473
Annual growth rates
(avg. rate of change)
1 year
5 years
10 years
Revenue
9.42%
7.15%
4.18%
Cash flow
11.25%
1.79%
7.12%
Earnings
10.03%
(0.10)%
8.04%
Dividends
6.64%
9.52%
13.91%
Book value
8.07%
7.71%
9.59%
Insider Trading
Type
Shares
Date
Bhatt Prama
Award
3,529
02/01/23
Bhojwani Gary C
Award
3,529
02/01/23
Lacy Stephen M
Award
3,529
02/01/23
Murano Elsa A
Award
3,529
02/01/23
Newlands William A
Award
3,529
02/01/23
Quarterly Revenue
Currency: USD, in millions
Year
1Q
2Q
3Q
4Q
Total
2020
2,384
2,422
2,381
2,420
9,608
2021
2,461
2,607
2,864
3,455
11,386
2022
3,044
3,097
3,034
3,283
12,459
Earnings per share
Currency: USD
Year
1Q
2Q
3Q
4Q
Total
2020
0.45
0.42
0.38
0.44
1.69
2021
0.41
0.42
0.33
0.52
1.68
2022
0.44
0.48
0.40
0.51
1.84
Quarterly dividends paid
Currency: USD
Year
1Q
2Q
3Q
4Q
Total
2020
0.21
0.23
0.23
0.23
0.91
2021
0.23
0.24
0.24
0.25
0.97
2022
0.24
0.26
0.26
0.26
1.02
Company Description
Sector:
Consumer Defensive
Industry:
Packaged Foods
CEO:
Mr. James Snee
Full-time employees:
20,000
City:
Austin
Address:
1 Hormel Pl
IPO:
Jan 16, 1990
Hormel Foods Corporation develops, processes, and distributes various meat, nuts, and food products to retail, foodservice, deli, and commercial customers in the United States and internationally. The company operates through four segments: Grocery Products, Refrigerated Foods, Jennie-O Turkey Store, and International & Other. It provides various perishable products that include fresh meats, frozen items, refrigerated meal solutions, sausages, hams, guacamoles, and bacons; and shelf-stable products comprising canned luncheon meats, nut butters, snack nuts, chilies, shelf-stable microwaveable meals, hashes, stews, tortillas, salsas, tortilla chips, and others. The company also engages in the processing, marketing, and sale of branded and unbranded pork, beef, poultry, and turkey products, as well as offers nutritional food products and supplements, desserts and drink mixes, and industrial gelatin products. It sells its products primarily under the SKIPPY, SPAM, Hormel, Natural Choice, Applegate, Justin's, Jennie-O, Café H, Herdez, Black Label, Sadler's, Columbus, Gatherings, Herdez, Wholly, Columbus, Planters, NUT-rition, Planters Cheez Balls, Corn Nuts, etc. brand names through sales personnel, independent brokers, and distributors. The company was formerly known as Geo. A. Hormel & Company and changed its name to Hormel Foods Corporation in January 1995. Hormel Foods Corporation was founded in 1891 and is headquartered in Austin, Minnesota.
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