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

HRLNYSE

46.87

USD
-0.18
(-0.38%)
Market Closed
25.75P/E
23Forward P/E
1.29P/E to S&P500
25.600BMarket CAP
2.18%Div Yield
Upcoming Earnings
7 Dec-12 Dec
Shares Short
8/31/22
10.96M
Short % of Float
3.80%
Short % of Shares Outs.
2.01%
% Held by Insiders
47.42%
% Held by Institutions
41.31%
Beta
0.11
PEG Ratio
2.95
52w. high/low
55.11/40.48
Avg. Daily Volume
1.44M
Return %
Stock
S&P 500
1 year
14.93
(16.94)
3 years
9.38
23.82
5 years
49.46
47.73
Scale: |
High
Low
10.45
7.51
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
Currency: USD
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
TTM
Revenue per share
10.42
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
23.22
Earnings per share
0.52
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
0.34
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
1.92
Dividends per share
0.14
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
1.01
CAPEX per share
0.26
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
0.52
Book Value per sh.
3.27
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
13.23
Comm.Shares outs.
551
549
541
537
533
533
527
529
528
528
529
528
531
535
538
541
544
Avg. annual P/E ratio
17.2
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
25.8
P/E to S&P500
0.9
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
1.3
Avg. annual div. yield
1.5%
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)
5,746
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
12,630
Operating margin
7.8%
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%
10.3%
Depreciation (m)
121
127
126
127
126
124
119
125
130
133
132
131
162
165
206
228
257
Net profit (m)
286
302
286
343
396
474
500
526
603
686
890
847
1,012
979
908
909
1,002
Income tax rate
33.5%
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%
21.4%
Net profit margin
5.0%
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%
7.9%
Working capital (m)
557
567
657
890
757
1,220
1,534
1,263
1,178
849
977
968
911
1,256
2,075
1,532
1,984
Long-term debt (m)
350
350
350
350
- -
250
250
250
250
250
250
250
625
250
259
3,315
3,294
Equity (m)
1,803
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
7,367
ROIC
11.6%
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%
6.2%
8.4%
9.5%
Return on capital
14.1%
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%
7.0%
9.2%
10.7%
Return on equity
15.9%
16.0%
14.2%
16.1%
16.5%
17.9%
17.7%
15.9%
16.7%
17.2%
20.0%
17.2%
18.1%
16.5%
14.1%
13.0%
13.6%
Plowback ratio
73.5%
73.1%
66.5%
70.4%
72.4%
72.6%
69.6%
66.9%
66.3%
63.4%
66.7%
59.1%
61.7%
55.3%
46.3%
42.4%
45.2%
Div.&Repurch./FCF
61.0%
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%
53.4%
Capital Structure
1 Sep · 2022 | Q3
All numbers in millions
Total liabilities
$ 5,068
Total assets
$ 13,140
Long-term debt
$ 3,294
Cash and equiv.
$ 850
Goodwill
$ 4,929
Retained earnings
$ 764
Common stock
546
Enterprise Value
$ 28,044
Working Capital
Currency: USD, in millions
2019
2020
2021
Cash & Investments
688
1,732
635
Receivables
594
702
904
Inventory
1,042
1,073
1,369
Other
37
1,114
(19)
Current assets
2,361
3,579
2,948
Acc. Payable
587
645
793
Debt due
- -
259
9
Other
518
601
614
Current liabilities
1,105
1,504
1,416
Annual growth rates
(avg. rate of change)
1 year
5 years
10 years
Revenue
18.50%
5.82%
3.84%
Cash flow
1.18%
0.98%
10.06%
Earnings
0.05%
2.27%
7.51%
Dividends
7.33%
10.91%
14.79%
Book value
8.52%
9.06%
10.63%
Insider Trading
Type
Shares
Date
Myers Kevin L
Exempt
5,000
09/09/22
Myers Kevin L
Sale
5,000
09/09/22
Myers Kevin L
Exempt
5,000
09/09/22
Policinski Christopher J.
Exempt
6,600
06/23/22
Policinski Christopher J.
Sale
2,110
06/23/22
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
- -
- -
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
- -
- -
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
- -
- -
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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