Hormel Foods (HRL) Market Cap
Market Cap: $16.49B
Avg Volume: 2.96M
Industry: Packaged Foods
Sector: Consumer Defensive
Market Cap Overview
Market Cap
$16.49B
Share Price
$29.98
Shares Outstanding
549.91M
What is Hormel Foods's Market Cap?
Hormel Foods's current Market Cap as of today is $16.49B.
Understanding Market Capitalization
Market Capitalization (Market Cap) is the total value of a company's outstanding shares of stock. It is calculated by multiplying the current market price of one share by the total number of outstanding shares.
- It provides a straightforward method of gauging a company's size.
- Market Cap can be used to compare companies within the same industry.
How is Market Cap calculated?
Market Cap is calculated by multiplying the current share price by the total number of outstanding shares:
Market Cap = Current Share Price × Total Shares Outstanding
In the case of Hormel Foods, the market cap is calculated as $29.98 x 549.91M shares = $16.49B.
As a Large Cap company, Hormel Foods is considered a large, well-established company.
Hormel Foods Historical Market Cap
Hormel Foods Market Cap vs Enterprise Value
Understanding Market Cap vs. Enterprise Value
While market cap represents the equity value of Hormel Foods, enterprise value provides a more complete picture of the company's total value by including debt and cash:
Enterprise Value = Market Cap + Total Debt - Cash and Equivalents
Hormel Foods's enterprise value as of January 26, 2025 (Q1 2025) is calculated as:
- Market Cap: $16.49B
- Total Debt: $2.86B
- Cash and Equivalents: $840.40M
- Enterprise Value: $19.30B
The difference between market cap and enterprise value can indicate the company's financial leverage and cash position. A higher enterprise value suggests significant debt levels.
Hormel Foods Annual Market Cap History
| Year | Market Cap | Change |
|---|---|---|
| 2025 | $16.49B | -2.79% |
| 2024 | $16.96B | -3.19% |
| 2023 | $17.52B | -30.79% |
| 2022 | $25.31B | 8.91% |
| 2021 | $23.24B | -12.64% |
| 2020 | $26.60B | 22.91% |
| 2019 | $21.65B | -4.45% |
| 2018 | $22.65B | 42.20% |
| 2017 | $15.93B | -21.83% |
| 2016 | $20.38B | 14.12% |
| 2015 | $17.86B | 28.83% |
| 2014 | $13.86B | 20.38% |
| 2013 | $11.51B | 48.95% |
| 2012 | $7.73B | -1.57% |
| 2011 | $7.85B | 28.91% |
| 2010 | $6.09B | 25.10% |
| 2009 | $4.87B | 27.39% |
| 2008 | $3.82B | -23.38% |
| 2007 | $4.99B | 0.09% |
| 2006 | $4.98B | 13.55% |
| 2005 | $4.39B | 12.63% |
| 2004 | $3.90B | 19.29% |
| 2003 | $3.27B | -5.63% |
| 2002 | $3.46B | 7.97% |
| 2001 | $3.21B | 35.68% |
| 2000 | $2.36B | -24.86% |
| 1999 | $3.15B | 28.99% |
| 1998 | $2.44B | 11.97% |
| 1997 | $2.18B | 20.06% |
| 1996 | $1.81B | 3.32% |
| 1995 | $1.76B | -6.40% |
| 1994 | $1.88B | 4.40% |
| 1993 | $1.80B | 9.98% |
| 1992 | $1.63B | 10.43% |
| 1991 | $1.48B | 31.53% |
| 1990 | $1.12B | 1.38% |
| 1989 | $1.11B | 41.76% |
| 1988 | $782.60M | -0.87% |
| 1987 | $789.48M | 39.99% |
| 1986 | $563.94M | 41.34% |
| 1985 | $398.99M | N/A |
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