HORMEL FOODS CORPHRL

Market cap

$12.5B

P/E ratio

	Oct 31, 2010	Oct 30, 2011	Oct 28, 2012	Oct 27, 2013	Oct 26, 2014	Oct 25, 2015	Oct 30, 2016	Oct 29, 2017	Oct 28, 2018	Oct 27, 2019	Oct 25, 2020	Oct 31, 2021	Oct 30, 2022	Oct 29, 2023	Oct 27, 2024
Net Sales	-	-	-	-	-	-	-	-	9,546	9,497	9,608	11,386	12,459	12,110	11,921
Cost of Products Sold	-	-	-	-	-	-	-	-	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
Selling, General, and Administrative	605	619	606	627	-	744	872	762	838	728	761	853	879	942	1,005
Equity in Earnings of Affiliates	13	27	39	21	-	24	39	40	59	39	36	48	27	43	51
Goodwill and Intangible Impairment	-	-	-	-	-	-	-	0	17	-	-	-	-	28	-
Operating Income	-	-	-	-	-	1,067	1,324	1,280	1,199	1,196	1,100	1,123	1,313	1,072	1,068
Investment Income, Net	-	-	-	-	-	-	-	-	-	-	-	-	28	15	48
Interest Expense	-	-	-	-	-	-	-	-	-	-	-	-	-	-	81
Earnings Before Income Taxes	-	719	758	799	-	1,057	1,317	1,279	1,181	1,210	1,115	1,126	1,278	1,013	1,035
Provision for Income Taxes	225	240	253	268	-	370	427	432	169	231	206	217	278	221	231
Net Earnings	400	479	505	530	606	687	891	847	1,013	979	908	909	1,000	793	805
Net Income (Loss) Attributable to Noncontrolling Interest	4	5	5	4	-	1	0	0	0	0	0	0	0	-1	-0
Net Earnings Attributable to Hormel Foods Corporation	400	479	505	530	606	687	891	847	1,013	979	908	909	1,000	794	805
Earnings Per Share, Basic	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
Earnings Per Share, Diluted	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