XNYSHRL
Market cap17bUSD
Dec 24, Last price
31.61USD
1D
0.19%
1Q
1.61%
Jan 2017
-9.19%
Name
Hormel Foods Corp
Chart & Performance
Profile
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.
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|---|
2024‑10 | 2023‑10 | 2022‑10 | 2021‑10 | 2020‑10 | 2019‑10 | 2018‑10 | 2017‑10 | 2016‑10 | 2015‑10 | |
Income | ||||||||||
Revenues | 11,920,797 -1.56% | 12,110,010 -2.80% | 12,458,806 9.42% | |||||||
Cost of revenue | 9,898,659 | 11,052,336 | 11,208,085 | |||||||
Unusual Expense (Income) | ||||||||||
NOPBT | 2,022,138 | 1,057,674 | 1,250,721 | |||||||
NOPBT Margin | 16.96% | 8.73% | 10.04% | |||||||
Operating Taxes | 230,803 | 220,552 | 277,877 | |||||||
Tax Rate | 11.41% | 20.85% | 22.22% | |||||||
NOPAT | 1,791,335 | 837,122 | 972,844 | |||||||
Net income | 805,038 1.44% | 793,572 -20.64% | 999,987 10.03% | |||||||
Dividends | (614,960) | (592,932) | (557,838) | |||||||
Dividend yield | 3.61% | 3.44% | 2.16% | |||||||
Proceeds from repurchase of equity | (12,303) | 79,827 | ||||||||
BB yield | 0.07% | -0.31% | ||||||||
Debt | ||||||||||
Debt current | 7,813 | 950,529 | 8,796 | |||||||
Long-term debt | 2,850,944 | 2,604,681 | 3,382,202 | |||||||
Deferred revenue | ||||||||||
Other long-term liabilities | 591,110 | 431,949 | 527,673 | |||||||
Net debt | 1,372,653 | 2,076,893 | 2,121,684 | |||||||
Cash flow | ||||||||||
Cash from operating activities | 1,266,738 | 1,047,847 | 1,134,977 | |||||||
CAPEX | (256,441) | (270,211) | (277,694) | |||||||
Cash from investing activities | (236,907) | (689,544) | (258,037) | |||||||
Cash from financing activities | (1,030,096) | (600,064) | (486,684) | |||||||
FCF | 1,982,080 | 608,870 | 695,712 | |||||||
Balance | ||||||||||
Cash | 766,623 | 753,196 | 998,256 | |||||||
Long term investments | 719,481 | 725,121 | 271,058 | |||||||
Excess cash | 890,064 | 872,816 | 646,374 | |||||||
Stockholders' equity | 7,432,833 | 7,232,807 | 7,070,751 | |||||||
Invested Capital | 10,563,813 | 10,716,602 | 10,692,874 | |||||||
ROIC | 16.84% | 7.82% | 9.13% | |||||||
ROCE | 16.79% | 8.75% | 10.59% | |||||||
EV | ||||||||||
Common stock shares outstanding | 548,832 | 548,982 | 549,566 | |||||||
Price | 31.06 -1.05% | 31.39 -33.16% | 46.96 10.96% | |||||||
Market cap | 17,046,722 -1.08% | 17,232,545 -33.23% | 25,807,619 11.37% | |||||||
EV | 18,429,965 | 19,313,538 | 27,934,239 | |||||||
EBITDA | 2,279,894 | 1,310,985 | 1,513,474 | |||||||
EV/EBITDA | 8.08 | 14.73 | 18.46 | |||||||
Interest | 80,894 | 73,402 | 62,515 | |||||||
Interest/NOPBT | 4.00% | 6.94% | 5.00% |