Consumer Staples · Packaged Foods & Meats
Hormel Foods: revenue, profit and dividends
In fiscal 2025, Hormel Foods had revenue of $12.1B, up 2.7% a year on average since 2015, and net income of $478M (4.0% of revenue). Its dividend per share has gone up 17 years in a row, to $1.16.
Revenue, fiscal 2025
average annual revenue growth since 2015 · +1.6% vs 2024
- Ticker
- HRL · NYSE
- Sector
- Consumer Staples
- Sub-industry
- Packaged Foods & Meats
- Headquarters
- Austin, Minnesota
- Founded
- 1891
- In the S&P 500 since
- March 4, 2009
- Latest fiscal year
- 2025, ended October 26, 2025
- SEC filer
- Hormel Foods Corp /De · CIK 0000048465
Revenue and net income
Revenue went from $6.75B in 2008 to $12.1B in 2025.
Diluted earnings per share
Diluted EPS went from $0.52 in 2008 to $0.87 in 2025. Ten-year growth: −3.7% a year.
Dividends per share
Raised every year in the data: 17 years in a row, from 2009 to 2025. Ten-year growth: 8.8% a year.
Shares outstanding
1.8% more shares in 2025 than in 2015 (541M → 550M): new shares outweighed buybacks.
Operating cash flow, capex and free cash flow
Free cash flow (operating cash flow minus capital expenditure) was $534M in 2025, 4.4% of revenue.
The chart data could not be loaded. The table below has the same figures.
Year by year
| Fiscal year | Revenue | Net income | Net margin | Diluted EPS | Dividend | Shares | Operating cash flow | Capex | Free cash flow |
|---|---|---|---|---|---|---|---|---|---|
| 2025 | $12.1B | $478M | 4.0% | $0.87 | $1.16 | 550M | $845M | $311M | $534M |
| 2024 | $11.9B | $805M | 6.8% | $1.47 | $1.13 | 549M | $1.27B | $256M | $1.01B |
| 2023 | $12.1B | $794M | 6.6% | $1.45 | $1.10 | 549M | $1.05B | $270M | $778M |
| 2022 | $12.5B | $1,000M | 8.0% | $1.82 | $1.04 | 550M | $1.13B | $279M | $856M |
| 2021 | $11.4B | $909M | 8.0% | $1.66 | $0.98 | 548M | $1.0B | $232M | $770M |
| 2020 | $9.61B | $908M | 9.5% | $1.66 | $0.93 | 547M | $1.13B | $368M | $761M |
| 2019 | $9.5B | $979M | 10.3% | $1.80 | $0.84 | 545M | $923M | $294M | $629M |
| 2018 | $9.55B | $1.01B | 10.6% | $1.86 | $0.75 | 544M | $1.24B | $390M | $852M |
| 2017 | $9.17B | $847M | 9.2% | $1.57 | $0.68 | 539M | $1.03B | $221M | $813M |
| 2016 | $9.52B | $890M | 9.3% | $1.64 | $0.58 | 542M | $1.04B | $256M | $784M |
| 2015 | $9.26B | $686M | 7.4% | $1.27 | $0.50 | 541M | $992M | $144M | $848M |
| 2014 | $9.32B | $603M | 6.5% | $1.12 | $0.40 | 540M | $747M | $159M | $588M |
| 2013 | $8.75B | $526M | 6.0% | $0.97 | $0.34 | 540M | $638M | $107M | $531M |
| 2012 | $8.23B | $500M | 6.1% | $0.93 | $0.30 | 538M | $518M | $132M | $385M |
| 2011 | $7.9B | $474M | 6.0% | $0.87 | $0.26 | 544M | $490M | $96.9M | $394M |
| 2010 | $7.22B | $396M | 5.5% | $0.73 | $0.21 | 541M | $486M | $89.8M | $396M |
| 2009 | $6.53B | $343M | 5.2% | $0.64 | $0.19 | 542M | $559M | $97M | $462M |
| 2008 | $6.75B | $286M | 4.2% | $0.52 | $0.18 | 549M | $272M | $126M | $146M |
Fiscal years, labelled by the year in which they end. US dollars; per-share figures and share counts adjusted for splits. —: not in the data.
Stock splits
Found in the filings; per-share figures and share counts on this page are on today’s share basis.
- 2-for-1 split · first reflected in a filing of March 4, 2016
- 2-for-1 split · first reflected in a filing of September 9, 2011
About these figures
- Older years are as filed at the time and may predate later restatements, mergers or spin-offs. How the figures are made.
Other Packaged Foods & Meats companies
Source: SEC EDGAR (company filings), data as of November 8, 2026. Sectors, sub-industries, headquarters and index dates: Wikipedia, CC BY-SA 4.0.