# Hormel Foods Corporation (HRL) — Stock CV

Hormel Foods Corporation is a $10.6B consumer staples company. Revenue grew 0.7% over the last year, it keeps 3¢ of every dollar of sales as profit, and its net debt equals ~2.7 years of free cash flow. It trades at 30.8× earnings — near the highest of its own history.

> Historically meat-focused, Hormel Foods broadened its lineup to include other protein offerings and became a branded food company. The firm sells its wares through multiple channels, including US retail (61.6% of fiscal 2025 sales), US foodservice (32.6%), and international (5.9%).

## Identity

- **Ticker**: HRL
- **Sector**: Consumer Defensive
- **Industry**: Meat Packing Plants
- **Headquarters**: AUSTIN, MN
- **Employees**: 20 000
- **Website**: https://www.hormelfoods.com
- **Market cap**: $10.6B
- **Last price**: $19.27
- **Financial profile**: Mixed

## Vitals (TTM)

- **Revenue**: $12.1B
- **Net income**: $343M
- **Free cash flow**: $781M
- **Net debt**: $2.15B
- **P/E**: 30.8
- **Revenue growth (YoY)**: 0.7%

## Skills (profile scores, 0–100)

| Pillar | Score |
|---|---|
| Valuation | 57 |
| Growth | 31 |
| Profitability | 21 |
| Health | 48 |
| Quality | 90 |
| Moat | 56 |

## Qualifications (beginner checklist) — 9 of 11 passed

- [x] Revenue growing — +0.7% YoY
- [x] Profitable — $343M TTM
- [ ] Profit growing — -21.8% YoY
- [x] Generates cash — $781M TTM
- [x] Debt under control — ~2.7y of cash flow to repay
- [x] Established company — $10.6B market cap
- [x] Not printing shares — +0.7% shares over ~5y
- [x] Proven track record — 10/10 profitable years
- [ ] Financially stable — health score 36/100
- [x] Pays a dividend — yield 6.07%
- [x] Valuation not extreme — P/E 30.8

## Experience (career milestones)

- **2026** — Hormel Foods announced an agreement to acquire Brakebush Brothers, a family-owned value-added…
- **FY2021** — Revenue crossed $10B: $11.4B for the year
- **FY2019** — Became debt-free: cash now exceeds total debt
- **FY2018** — Best year on record: $1.01B net income
- **FY2016** — Profitable every year on record: 10 consecutive profitable years in our data
- **FY2016** — Revenue already above $1B: $9.52B in first reported year
- **FY2016** — Positive free cash flow every year since: 10-year streak
- **2015** — The Hormel Health Labs division of Hormel Foods launched its Hormel Vital Cuisine line of packaged ready to…
- **2009** — Hormel and Herdez del Fuerte created the joint venture MegaMex Foods to market and distribute Mexican food…
- **2007** — Corporate Responsibility Report, Hormel Foods stated that all suppliers are expected to comply with…
- **1993** — The company changed its name to Hormel Foods Corporation in 1993 and uses the Hormel brand on many of its products
- **1986** — Hormel Foods acquired Jennie-O Foods and also began an exclusive licensing arrangement to produce Chi-Chi's…
- **1984** — Hormel introduced the Frank 'n Stuff brand of stuffed hot dogs
- **1936** — Hormel Chili and Spam were introduced in 1936 and 1937 respectively
- **1926** — The company introduced Hormel Flavor-Sealed Ham, America's first canned ham
- **1891** — Hormel Foods Corporation, doing business as Hormel Foods or simply Hormel, is an American multinational food…

## Strengths

- Interest covered 5.2× by operating earnings

## Watch-outs

- None stand out in the data.

## Track record

| Year | Revenue | Net income | Free cash flow |
|---|---|---|---|
| FY2021 | $11.4B | $909M | $770M |
| FY2022 | $12.5B | $1000M | $856M |
| FY2023 | $12.1B | $794M | $778M |
| FY2024 | $11.9B | $805M | $1.01B |
| FY2025 | $12.1B | $478M | $534M |

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Source: https://stockcv.com/HRL — derived from company filings; may be delayed or incomplete. Information, not investment advice.