Hormel Foods Past Earnings Performance

Past criteria checks 3/6

Hormel Foods's earnings have been declining at an average annual rate of -3.3%, while the Food industry saw earnings growing at 33.8% annually. Revenues have been growing at an average rate of 6% per year. Hormel Foods's return on equity is 10.1%, and it has net margins of 6.8%.

Key information

-3.3%

Earnings growth rate

-3.8%

EPS growth rate

Food Industry Growth9.9%
Revenue growth rate6.0%
Return on equity10.1%
Net Margin6.8%
Last Earnings Update27 Oct 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Hormel Foods makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

DB:HO7 Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
27 Oct 2411,92180589336
28 Jul 2411,98178189034
28 Apr 2412,04676795034
28 Jan 2412,13679592734
29 Oct 2312,11079490034
30 Jul 2312,19587889735
30 Apr 2312,26793482835
29 Jan 2312,38597884135
30 Oct 2212,4591,00084535
31 Jul 2212,6301,00287034
01 May 2212,45996084334
30 Jan 2211,96992681934
31 Oct 2111,38690978934
25 Jul 2110,35286175132
25 Apr 219,86988873632
24 Jan 219,68588773032
25 Oct 209,60890872932
26 Jul 209,69092972233
26 Apr 209,59992673733
26 Jan 209,52198071433
27 Oct 199,49797971233
28 Jul 199,52198573234
28 Apr 199,58999674734
27 Jan 199,57595078134
28 Oct 189,5461,01280734
29 Jul 189,51496979634
29 Apr 189,36294176134
28 Jan 189,21991573834
29 Oct 179,16884772534
30 Jul 179,30387377735
30 Apr 179,39888680735
29 Jan 179,51189083835
30 Oct 169,52389083735
24 Jul 169,29683377632
24 Apr 169,18278575432
24 Jan 169,16174973232
25 Oct 159,26468671232
26 Jul 159,40767068630
26 Apr 159,50366165430
25 Jan 159,46962163030
26 Oct 149,31660361630
27 Jul 149,09658959530
27 Apr 148,97056459330
26 Jan 148,87855060030

Quality Earnings: HO7 has high quality earnings.

Growing Profit Margin: HO7's current net profit margins (6.8%) are higher than last year (6.6%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: HO7's earnings have declined by 3.3% per year over the past 5 years.

Accelerating Growth: HO7's earnings growth over the past year (1.2%) exceeds its 5-year average (-3.3% per year).

Earnings vs Industry: HO7 earnings growth over the past year (1.2%) did not outperform the Food industry 48.7%.


Return on Equity

High ROE: HO7's Return on Equity (10.1%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 12:36
End of Day Share Price 2024/12/20 00:00
Earnings2024/10/27
Annual Earnings2024/10/27

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Hormel Foods Corporation is covered by 35 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
John StaszakArgus Research Company
Ishan MajumdarBaptista Research
Benjamin TheurerBarclays