HRL · XBRL financial data

Hormel Foods financial statements, every fiscal year

The same tables from 6 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (HRL's year ends in late October)

In millions of dollars	FY 2020Oct 25, 2020	FY 2021Oct 31, 2021	FY 2022Oct 30, 2022	FY 2023Oct 29, 2023	FY 2024Oct 27, 2024	FY 2025Oct 26, 2025
Cost of goods and services sold	7,782	9,458	10,294	10,110	9,899	10,214
Gross profit	1,826	1,928	2,165	2,000	2,022	1,892
Research and development	32	34	35	34	36	35
Selling, general and administrative	761	853	879	942	1,005	997
Other operating income (expense)	—	—	—	(9)	8	(1)
Operating income (loss)	1,100	1,123	1,313	1,072	1,068	719
Interest expense	21	43	63	73	81	78
Income tax expense (benefit)	206	217	278	221	231	186
Net income (loss)	908	909	1,000	794	805	478
Earnings per share, basic USD per share	1.69	1.68	1.84	1.45	1.47	0.87
Earnings per share, diluted USD per share	1.66	1.66	1.82	1.45	1.47	0.87
Weighted average shares, basic millions of shares	538	541	545	546	548	550
Weighted average shares, diluted millions of shares	547	548	550	549	549	550

Fiscal years (HRL's year ends in late October)

In millions of dollars	FY 2020Oct 25, 2020	FY 2021Oct 31, 2021	FY 2022Oct 30, 2022	FY 2023Oct 29, 2023	FY 2024Oct 27, 2024	FY 2025Oct 26, 2025
Cash and cash equivalents	1,714	614	982	737	742	671
Marketable securities	17	21	16	17	25	33
Accounts receivable	702	896	868	817	818	785
Inventory	1,073	1,369	1,716	1,680	1,576	1,747
Prepaid and other current assets	—	40	48	39	35	73
Total current assets	3,579	2,948	3,637	3,297	3,246	3,406
Right-of-use asset	53	72	74	132	148	163
Goodwill	2,613	4,929	4,926	4,928	4,923	4,924
Total assets	9,908	12,696	13,307	13,449	13,435	13,393
Accounts payable	645	793	817	771	736	732
Accrued liabilities	59	51	59	52	66	56
Current portion of long-term debt	259	9	9	951	8	7
Total current liabilities	1,504	1,416	1,473	2,312	1,399	1,381
Long-term debt	1,045	3,315	3,291	2,359	2,851	2,851
Lease liability, non-current	43	57	56	109	121	133
Retained earnings	6,523	6,882	7,313	7,493	7,678	7,517
Total stockholders' equity	6,426	6,973	7,535	7,735	7,993	7,901
Total liabilities and equity	9,908	12,696	13,307	13,449	13,435	13,393

Fiscal years (HRL's year ends in late October)

In millions of dollars	FY 2020Oct 25, 2020	FY 2021Oct 31, 2021	FY 2022Oct 30, 2022	FY 2023Oct 29, 2023	FY 2024Oct 27, 2024	FY 2025Oct 26, 2025
Net income (loss)	908	909	1,000	794	805	478
Stock-based compensation	22	25	25	24	23	26
Depreciation and amortization	206	228	263	253	258	264
Net cash from operating activities	1,128	1,002	1,135	1,048	1,267	845
Purchases of property and equipment	368	232	279	270	256	311
Net cash from investing activities	(656)	(3,626)	(258)	(690)	(237)	(299)
Share repurchases	12	20	0	12	0	0
Dividends paid	487	523	558	593	615	633
Proceeds from long-term debt	992	2,276	0	2	498	0
Net cash from financing activities	566	1,521	(487)	(600)	(1,030)	(614)
Net change in cash	1,041	(1,101)	369	(246)	5	(71)

SIC 2011 and related industry codes, similar size; rows marked “added: same SIC” fill a short list. Each row is the latest quarter reported.

How peers are chosen

SIC 2011 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Fewer than three companies fall in that range, so the list adds same-SIC (2011) companies nearest in public float, each marked “added: same SIC”.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
A cell reading “year only” links to a 10-K that gives only the full year: without all three earlier quarters there is no fourth quarter to work out, and the year total is never shown as a quarter.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Quarter
Hormel Foods	840	2,961	241*	not reported	Q3 FY26 10-QJul 26, 2026
Tyson Foods	740	13,868	640*	not reported	Q3 FY26 10-QJun 27, 2026
Pilgrims Pride	936	4,653	212*	238.1M	Q3 FY26 10-QSep 27, 2026
Smithfield Foodsadded: same SIC	1,178	3,437	161*	393.8M	Q3 FY26 10-QSep 27, 2026
BRFadded: same SIC	11,165	year only	year only	1.7B	Q4 FY24 20-FDec 31, 2024
JBSadded: same SIC	4,565	year only	year only	not reported	Q4 FY25 20-FDec 31, 2025

Not investment advice. Not affiliated with the U.S. SEC.