Ticker
HRL

Price
35.11
Stock movement up
+0.41 (1.18%)
Company name
Hormel Foods Corporation
Exchange
(NYSE
,
Currency
USD
)
Sector
Consumer Defensive >
Packaged Foods
Market cap
19.19B
Ent value
23.73B
Price/Sales
1.55
Price/Book
2.36
Div yield
3.22%
Div growth
7.96%
Growth years
54
FCF payout
81.73%
Trailing P/E
19.62
Forward P/E
18.78
PEG
2.76
EPS growth
2.99%
1 year return
-12.90%
3 year return
-9.95%
5 year return
-3.33%
10 year return
3.78%
Last updated: 2024-04-08

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DIVIDENDS

Dividend yield - 5y

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Dividend yield data
Dividend per share1.13
Dividend yield3.22%
Payout frequencyQuarterly
Maximum yield3.93%
Average yield2.33%
Minimum yield1.76%
Discount to avg yield27.73%
Upside potential38.37%
Yield as % of max yield81.80%

Yield distribution (inverse percentile) - 5y

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Yield distribution data
Dividend yield3.22%
Current yield distribution9.44%
Yield at 100% (Min)1.76%
Yield at 90%1.94%
Yield at 80%2.00%
Yield at 50% (Median)2.13%
Yield at 20%2.71%
Yield at 10%2.98%
Yield at 0% (Max)3.93%

Dividend per share

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Dividend per share data
Years of growth54 years
CCC statusDividend Champion
Dividend per share1.13
Payout frequencyQuarterly
Ex-div date12 Apr 2024
EPS (TTM)1.78
EPS (1y forward)1.87
EPS growth (5y)2.99%
EPS growth (5y forward)7.10%

Dividend growth

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Dividend growth data
HRLS&P500
DGR MR2.73%-16.32%
DGR TTM4.21%4.05%
DGR 3 years5.76%5.24%
DGR 5 years7.96%5.40%
DGR 10 years12.46%7.07%
DGR 15 years12.63%6.12%
Time since last change announced152 days
EPS growth (5y)2.99%
EPS growth (5y forward)7.10%

Payout ratio

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Payout ratio data
EPS coverageFCF coverage
TTM57.96%81.73%
Average--
Forward60.43%-

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VALUATION

Valuation Ratios

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Valuation Ratios data
Trailing P/E19.62
Price to OCF20.10
Price to FCF27.66
Price to EBITDA12.10
EV to EBITDA14.96

Valuation (Sales/Book Value)

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Valuation (Sales/Book Value) data
Price to Sales1.55
Price to Book2.36
EV to Sales1.92

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FINANCIALS

Per share

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Per share data
Current share count546.53M
EPS (TTM)1.78
FCF per share (TTM)1.26

Income statement

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Income statement data
Revenue (TTM)12.39B
Gross profit (TTM)2.12B
Operating income (TTM)1.28B
Net income (TTM)978.13M
EPS (TTM)1.78
EPS (1y forward)1.87

Margins

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Margins data
Gross margin (TTM)17.13%
Operating margin (TTM)10.35%
Profit margin (TTM)7.90%

Balance Sheet

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Balance Sheet data
Cash599.79M
Net receivables794.36M
Total current assets3.20B
Goodwill4.93B
Intangible assets1.80B
Property, plant and equipment0.00
Total assets13.28B
Accounts payable764.52M
Short/Current long term debt3.29B
Total current liabilities1.37B
Total liabilities5.14B
Shareholder's equity8.15B
Net tangible assets887.25M

Cash flow

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Cash flow data
Operating cash flow (TTM)954.85M
Capital expenditures (TTM)261.21M
Free cash flow (TTM)693.69M
Dividends paid (TTM)566.95M

Financial returns

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Financial returns data
Return on Equity12.01%
Return on Assets7.36%
Return on Invested Capital8.54%
Cash Return on Invested Capital6.06%

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STOCK INFORMATION

Stock chart

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Stock price data
Open34.69
Daily high35.21
Daily low34.61
Daily Volume2.54M
All-time high54.81
1y analyst estimate43.24
Beta0.17
EPS (TTM)1.78
Dividend per share1.13
Ex-div date12 Apr 2024
Next earnings date30 May 2024

Downside potential

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Downside potential data
HRLS&P500
Current price drop from All-time high-35.94%-0.85%
Highest price drop-47.60%-56.47%
Date of highest drop13 Feb 20249 Mar 2009
Avg drop from high-10.77%-11.35%
Avg time to new high21 days13 days
Max time to new high689 days1805 days

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COMPANY DETAILS
HRL (Hormel Foods Corporation) company logo
Marketcap
19.19B
Marketcap category
Large-cap
Description
Hormel Foods Corporation develops, processes, and distributes various meat, nuts, and food products to retail, foodservice, deli, and commercial customers in the United States and internationally. The company operates through four segments: Grocery Products, Refrigerated Foods, Jennie-O Turkey Store, and International & Other. It provides various perishable products that include fresh meats, frozen items, refrigerated meal solutions, sausages, hams, guacamoles, and bacons; and shelf-stable products comprising canned luncheon meats, nut butters, snack nuts, chilies, shelf-stable microwaveable meals, hashes, stews, tortillas, salsas, tortilla chips, and others. The company also engages in the processing, marketing, and sale of branded and unbranded pork, beef, poultry, and turkey products, as well as offers nutritional food products and supplements, desserts and drink mixes, and industrial gelatin products. It sells its products primarily under the SKIPPY, SPAM, Hormel, Natural Choice, Applegate, Justin's, Jennie-O, Café H, Herdez, Black Label, Sadler's, Columbus, Gatherings, Herdez, Wholly, Columbus, Planters, NUT-rition, Planters Cheez Balls, Corn Nuts, etc. brand names 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.
Employees
20000
SEC filings
CEO
Jeffrey Ettinger
Country
USA
City
Austin
Stock type
Common stock
CCC status
Dividend Champion
Dividend Frequency
Quarterly
EVENTS AND PRESENTATIONS
EventsPresentations
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UNDERSTAND THE BUSINESS
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