HORMEL FOODS CORP【HRL】Income statement

Market cap

$12.8B

P/E ratio

	2010/10	2011/10	2012/10	2013/10	2014/10	2015/10	2016/10	2017/10	2018/10	2019/10	2020/10	2021/10	2022/10	2023/10	2024/10
Revenue	7,221	7,895	8,231	8,752	-	9,264	9,523	9,168	9,546	9,497	9,608	11,386	12,459	12,110	11,921
Revenue growth (%)	-				-	-
Cost of revenue	5,982	6,561	6,899	7,339	-	7,455	7,365	7,164	7,550	7,613	7,782	9,458	10,294	10,110	9,899
Gross profit	1,239	1,334	1,332	1,413	-	1,809	2,158	2,003	1,995	1,885	1,826	1,928	2,165	2,000	2,022
Gross margin (%)					-
Selling, general & administrative	605	619	606	627	-	744	872	762	838	728	761	853	879	942	1,005
Operating margin (%)	-	-	-	-	-
Operating income	-	-	-	-	-	1,067	1,324	1,280	1,199	1,196	1,100	1,123	1,313	1,072	1,068
Income before tax	-	719	758	799	-	1,057	1,317	1,279	1,181	1,210	1,115	1,126	1,278	1,013	1,035
Pretax margin (%)	-	9.1	9.2	9.1	-	11.4	13.8	13.9	12.4	12.7	11.6	9.9	10.3	8.4	8.7
Provision for income taxes	225	240	253	268	-	370	427	432	169	231	206	217	278	221	231
Effective tax rate (%)	-				-
Net income	400	479	505	530	606	687	891	847	1,013	979	908	909	1,000	794	805
Net income margin (%)					-
Earnings per share	2.97	1.78	1.9	1.99	-	2.6	1.68	1.6	1.91	1.83	1.69	1.68	1.84	1.45	1.47
Diluted EPS	2.92	1.74	1.86	1.95	-	2.54	1.64	1.57	1.86	1.8	1.66	1.66	1.82	1.45	1.47
Dividend payout ratio (%)					-
Dividend per share	0.84	0.51	0.6	0.68	0.8	1	0.58	0.68	0.75	0.84	0.93	0.98	1.04	1.1	1.13