Hormel Foods Past Earnings Performance
Past criteria checks 4/6
Hormel Foods has been growing earnings at an average annual rate of 0.1%, while the Food industry saw earnings growing at 7.5% annually. Revenues have been growing at an average rate of 6.2% per year. Hormel Foods's return on equity is 13.3%, and it has net margins of 8%.
Key information
0.1%
Earnings growth rate
-0.5%
EPS growth rate
| Food Industry Growth | 9.9% |
| Revenue growth rate | 6.2% |
| Return on equity | 13.3% |
| Net Margin | 8.0% |
| Last Earnings Update | 30 Oct 2022 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Hormel Foods makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Oct 22 | 12,459 | 1,000 | 845 | 35 |
| 31 Jul 22 | 12,630 | 1,002 | 870 | 34 |
| 01 May 22 | 12,459 | 960 | 843 | 34 |
| 30 Jan 22 | 11,969 | 926 | 819 | 34 |
| 31 Oct 21 | 11,386 | 909 | 789 | 34 |
| 25 Jul 21 | 10,352 | 861 | 751 | 32 |
| 25 Apr 21 | 9,869 | 888 | 736 | 32 |
| 24 Jan 21 | 9,685 | 887 | 730 | 32 |
| 25 Oct 20 | 9,608 | 908 | 729 | 32 |
| 26 Jul 20 | 9,690 | 929 | 722 | 33 |
| 26 Apr 20 | 9,599 | 926 | 737 | 33 |
| 26 Jan 20 | 9,521 | 980 | 714 | 33 |
| 27 Oct 19 | 9,497 | 979 | 712 | 33 |
| 28 Jul 19 | 9,521 | 985 | 732 | 34 |
| 28 Apr 19 | 9,589 | 996 | 747 | 34 |
| 27 Jan 19 | 9,575 | 950 | 781 | 34 |
| 28 Oct 18 | 9,546 | 1,012 | 807 | 34 |
| 29 Jul 18 | 9,514 | 969 | 796 | 34 |
| 29 Apr 18 | 9,362 | 941 | 761 | 34 |
| 28 Jan 18 | 9,219 | 915 | 738 | 34 |
| 29 Oct 17 | 9,168 | 847 | 725 | 34 |
| 30 Jul 17 | 9,303 | 873 | 777 | 35 |
| 30 Apr 17 | 9,398 | 886 | 807 | 35 |
| 29 Jan 17 | 9,511 | 890 | 838 | 35 |
| 30 Oct 16 | 9,523 | 890 | 837 | 35 |
| 24 Jul 16 | 9,296 | 833 | 776 | 32 |
| 24 Apr 16 | 9,182 | 785 | 754 | 32 |
Quality Earnings: HO7 has high quality earnings.
Growing Profit Margin: HO7's current net profit margins (8%) are higher than last year (8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: HO7's earnings have grown by 0.1% per year over the past 5 years.
Accelerating Growth: HO7's earnings growth over the past year (10.1%) exceeds its 5-year average (0.1% per year).
Earnings vs Industry: HO7 earnings growth over the past year (10.1%) did not outperform the Food industry 12.4%.
Return on Equity
High ROE: HO7's Return on Equity (13.3%) is considered low.