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Hormel Foods Corporation (HRL) is a consumer defensive company in the packaged foods industry with $12.15B in trailing revenue trading at a 31.8× trailing P/E — analyst consensus: hold.
Hormel Foods Corporation develops, processes, and distributes various meat, nut, and other food products to foodservice, convenience stores, and commercial customers in the United States and internationally. It operates through three segments: Retail, Foodservice, and International. The company provides perishable products, including fresh meats, frozen items, refrigerated meal solutions, bacon, sausages, hams, guacamole, and other items that require refrigeration, as well as shelf-stable products, such as canned luncheon meats, nut butters, snack nuts, chili, shelf-stable microwaveable meals, hash, stews, tortillas, salsas, tortilla chips, and other items that do not require refrigeration. It sells its products under the HORMEL, ALWAYS TENDER, APPLEGATE, AUSTIN BLUES, BACON 1, BLACK LABEL, BREAD READY, BURKE, CAFÉ H, CERATTI, CHI-CHI'S, COLUMBUS, COMPLEATS, CORN NUTS, CURE 81, DAN'S PRIZE, DI LUSSO, DINTY MOORE, DON MIGUEL, DOÑA MARIA, EMBASA, FAST N EASY, FIRE BRAISED, FONTANINI, HERDEZ, HORMEL GATHERINGS, HOUSE OF TSANG, JENNIE-O, JUSTIN'S, LA VICTORIA, LAYOUT, LLOYD'S, MARY KITCHEN, MR. PEANUT, NATURAL CHOICE, NUT-RITION, OLD SMOKEHOUSE, OVEN READY, PILLOW PACK, PLANTERS, ROSA GRANDE, SADLER'S SMOKEHOUSE, SKIPPY, SPAM, SQUARE TABLE, SPECIAL RECIPE, VALLEY FRESH, and WHOLLY brands 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.
Key Statistics
Market Cap
$10.85B
Revenue (TTM)
$12.15B
EPS (TTM)
$0.62
EPS (Fwd est.)
$1.55
Employees
20,000
Trailing P/E
31.79
Forward P/E
12.69
PEG Ratio
1.40
Price / Sales
0.89
Price / Book
1.38
EV / EBITDA
10.16
Beta (5Y)
0.32
Analyst Consensus
Consensus
Hold
Analyst Price Target
+32.5% upside
Target: $26.12
Annual Revenue & Net Income
RevenueNet Income
'22
$12.46B
$1.00B
'23
$12.11B
$790.00M
'24
$11.92B
$810.00M
'25
$12.11B
$480.00M
Earnings History
Quarter
Actual EPS
Estimate
Result
Aug 2026
$0.37
$0.35
Beat (+4.6%)
May 2026
$0.40
$0.35
Beat (+12.9%)
Feb 2026
$0.34
$0.32
Beat (+6.1%)
Dec 2025
$0.32
$0.30
Beat (+6.0%)
Next Earnings Report
Hormel Foods Corporation is next expected to report earnings on 27 Aug 2026.
Hormel Foods Corporation develops, processes, and distributes various meat, nut, and other food products to foodservice, convenience stores, and commercial customers in the United States and internationally. It operates through three segments: Retail, Foodservice, and International. The company provides perishable products, including fresh meats, frozen items, refrigerated meal solutions, bacon, s…
What is HRL's market cap?
Hormel Foods Corporation has a market capitalization of approximately $10.85B.
What is HRL's P/E ratio?
Hormel Foods Corporation trades at a trailing P/E ratio of 31.8x and a forward P/E of 12.7x, which is above the broad market average of ~25x.
How much revenue does HRL generate?
Hormel Foods Corporation generated $12.15B in trailing 12-month revenue.
What do analysts say about HRL?
The analyst consensus rating for Hormel Foods Corporation is hold, with a mean price target of $26.12. That implies +32.5% upside from the current price.
When does HRL report earnings?
Hormel Foods Corporation is next scheduled to report earnings on 27 Aug 2026.
Does HRL pay a dividend?
Yes. Hormel Foods Corporation pays a dividend with a current yield of 5.94%, at an annual rate of $1.17 per share.
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