Is Hormel Foods (HRL) overvalued or fairly valued?

MarketChacha shows Hormel Foods's valuation in context — a trailing P/E of about 18.8, a forward P/E of about 15.4, a price-to-book of about 1.7 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

Does Hormel Foods's reported profit turn into cash?

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash. MarketChacha computes this cash-conversion check (1.52×) from reported figures — education, not a rating.

What is Hormel Foods's revenue?

Hormel Foods reported revenue of $12.1B for FY2025, with net profit of $478.2M, per official filings.

What is the share price of Hormel Foods (HRL)?

Hormel Foods last traded at $24.02 (-1.7% on the day), as of 8/17/2026 — a delayed quote shown for education, not investment advice.

Hormel Foods

HRL · NYSE · Consumer Staples · United States

Snapshot

TickerHRL

ExchangeNYSE

SectorConsumer Staples

IndustryPackaged Foods

CountryUnited States

Employees20,000

HeadquartersAustin, United States

Websitewww.hormelfoods.com

Filings tracked16

About Hormel Foods

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.

Who owns it

Insiders0.5%
Institutions91.3%
Public & other8.2%

846 institutional holders

Ownership breakdown from public market data.

Top holders

State Street Corporation4.70%
Blackrock Inc.3.58%
Vanguard Capital Management LLC3.52%
Invesco Ltd.2.71%
Vanguard Portfolio Management LLC2.69%
Two Sigma Investments, LP2.24%
Dimensional Fund Advisors LP1.70%
Geode Capital Management, LLC1.49%

Largest institutional holders — last updated 6/30/2026.

Forensic scorecard

Margin has compressed by about 2.6 points over the period — profitability is trending down.

Cash conversion1.52×

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash.

Net margin trend6.6% → 4.0%

Margin has compressed by about 2.6 points over the period — profitability is trending down.

Return on equity6.1%

Latest ROE of 6.1% is on the low side — the business earns a modest return on shareholder capital.

Growth qualityrev -0% · PAT -22%

Profit growth is broadly tracking revenue growth — the earnings trend looks operational rather than one-off.

Computed by MarketChacha from reported figures (SEC XBRL). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev $3.2B · EPS 0.40

Est. earnings growth +24.5%

Next fiscal year

Rev $12.4B · EPS 1.56

Est. earnings growth +4.3%

Analyst consensus estimates — not the company's own guidance.

New to these terms?

P/E ROE ROCE Margins Market cap

Browse the Learn hub →

Financials at a glance

Source: SEC XBRL

Annual

Quarterly · last 8

Revenue (FY2025)

$12.1B

Net margin

4.0%

ROE

6.1%

Revenue CAGR (2y)

-0.0%

Profit CAGR (2y)

-22.4%

EPS (FY2025)

0.87

Net profit (FY2025)

$478.2M

Ask MarketChacha about HRL

Get a cited, plain-English answer — the “why”, not just data. Finance research only, never buy/sell advice.

Financials

Yearly

Period	Revenue	Net profit	EPS	Net margin	ROE
FY2025	$12.1B	$478.2M	0.87	4.0%	6.1%
FY2024	$11.9B	$805.0M	1.47	6.8%	10.1%
FY2023	$12.1B	$793.6M	1.45	6.6%	10.3%

Quarterly

Period	Revenue	Net profit	EPS	Net margin
2026Q2	$3.0B	$157.5M	0.29	5.3%
2026Q1	$3.0B	$181.8M	0.33	6.0%
2025Q3	$3.0B	$183.7M	0.33	6.1%
2025Q2	$2.9B	$180.0M	0.33	6.2%
2025Q1	$3.0B	$170.6M	0.31	5.7%
2024Q3	$2.9B	$176.7M	0.32	6.1%
2024Q2	$2.9B	$189.3M	0.34	6.6%
2024Q1	$3.0B	$218.9M	0.40	7.3%
2023Q3	$3.0B	$162.7M	0.30	5.5%
2023Q2	$3.0B	$217.2M	0.40	7.3%
2023Q1	$3.0B	$217.7M	0.40	7.3%

Figures as reported, in reporting currency. Source: SEC XBRL.

Filings & announcements

2026

8-K — Executive/director change
SEC7/28/2026material
8-K — Executive/director change, Exhibits
SEC6/12/2026material
8-K — Results of operations, Exhibits
SEC5/28/2026material
10-Q filing
SEC5/28/2026
8-K — Results of operations, Exhibits
SEC2/26/2026material
10-Q filing
SEC2/26/2026
8-K — Results of operations, Exhibits
SEC2/18/2026material
8-K/A — Executive/director change, Exhibits
SEC2/13/2026
8-K — Executive/director change, Shareholder vote results, Exhibits
SEC2/2/2026material

2025

10-K filing
SEC12/5/2025
8-K — Results of operations, Exhibits
SEC12/4/2025material
8-K — Costs from exit/disposal, Reg FD disclosure, Exhibits
SEC11/4/2025material
8-K/A — Executive/director change
SEC10/31/2025
8-K — Results of operations, Executive/director change, Exhibits
SEC10/29/2025material
8-K — Results of operations, Exhibits
SEC8/28/2025material
10-Q filing
SEC8/28/2025

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed market data) are delayed and shown for reference only. Verify with the linked sources before acting.