How Does Hormel Foods (HRL) Make Money?

Price: $29.98
Market Cap: $16.49B
Avg Volume: 2.96M
Country: US
Industry: Packaged Foods
Sector: Consumer Defensive
Beta: 0.21
52W Range: $27.59-36.86
Website: Hormel Foods

Revenue Breakdown Overview

Hormel Foods generates revenue through various business segments and geographic regions. Here's a comprehensive breakdown of how the company makes money:

Product & Service Revenue Segments

Hormel Foods's revenue comes from the following main product/service categories (Total Revenue: $11.92B):

  • Foodservice Segment: $3.85B (32.3% of total)
  • Shelf Stable: $- (0.0% of total)
  • Poultry: $- (0.0% of total)
  • Retail Segment: $7.37B (61.9% of total)
  • Perishable Meat: $- (0.0% of total)
  • Other Products: $- (0.0% of total)
  • International Segment: $701.53M (5.9% of total)

Geographic Revenue Distribution

The company's revenue is distributed across these geographic regions (Total Revenue: $11.92B):

  • United States: $11.28B (94.7% of total)
  • Non-US: $636.82M (5.3% of total)

Revenue by Product Segment (2024)

Foodservice Segment: $3.85B (32.3%)
Shelf Stable: $0.00 (0.0%)
Poultry: $0.00 (0.0%)
Retail Segment: $7.37B (61.9%)
Perishable Meat: $0.00 (0.0%)
Other Products: $0.00 (0.0%)
International Segment: $701.53M (5.9%)
Foodservice Segment $3.85BRetail Segment $7.37BInternational Segment $701.53M

Revenue by Geographic Region (2024)

United States: $11.28B (94.7%)
Non-US: $636.82M (5.3%)
United States $11.28BNon-US $636.82M

Revenue Segments Over Time

Foodservice Segment
International Segment
Other Products
Perishable Meat
Poultry
Retail Segment
Shelf Stable
$14.00B$14.00B$12.60B$12.60B$11.20B$11.20B$9.80B$9.80B$8.40B$8.40B$7.00B$7.00B$5.60B$5.60B$4.20B$4.20B$2.80B$2.80B$1.40B$1.40B$0.00$0.00$3.85B$701.53M$448.48M$353.48M$380.40M$5.37B$5.33B$6.27B$6.55B$8.51B$1.85B$1.89B$2.10B$2.12B$7.37B$1.83B$9.50B$2.09B$9.61B$2.66B$11.39B$3.40B$12.46B$3.60B$12.11B$11.92B201920192020202020212021202220222023202320242024

Historical Revenue by Product Segment

Year Total Revenue Foodservice Segment International Segment Other Products Perishable Meat Poultry Retail Segment Shelf Stable
2024 $11.92B $3.85B $701.53M $- $- $- $7.37B $-
2023 $12.11B $- $- $- $8.51B $- $- $3.60B
2022 $12.46B $- $- $380.40M $6.55B $2.12B $- $3.40B
2021 $11.39B $- $- $353.48M $6.27B $2.10B $- $2.66B
2020 $9.61B $- $- $300.81M $5.33B $1.89B $- $2.09B
2019 $9.50B $- $- $448.48M $5.37B $1.85B $- $1.83B

Geographic Revenue Over Time

Non-US
United States
$15.00B$15.00B$13.50B$13.50B$12.00B$12.00B$10.50B$10.50B$9.00B$9.00B$7.50B$7.50B$6.00B$6.00B$4.50B$4.50B$3.00B$3.00B$1.50B$1.50B$0.00$0.00$588.39M$562.41M$602.45M$733.10M$681.92M$594.91M$636.82M$8.96B$9.55B$8.93B$9.50B$9.01B$9.61B$10.65B$11.39B$11.78B$12.46B$11.52B$12.11B$11.28B$11.92B20182018201920192020202020212021202220222023202320242024

Historical Revenue by Geographic Region

Year Total Revenue Non-US United States
2024 $11.92B $636.82M $11.28B
2023 $12.11B $594.91M $11.52B
2022 $12.46B $681.92M $11.78B
2021 $11.39B $733.10M $10.65B
2020 $9.61B $602.45M $9.01B
2019 $9.50B $562.41M $8.93B
2018 $9.55B $588.39M $8.96B

Related Metrics

Explore detailed financial metrics and analysis for HRL.

Financial Analysis
Financial Statements Stock Forecast Price Target Technical Analysis Stock Splits Employee Count
Company Intelligence
Ownership Insider Trading SEC Filings Congress Trading News Earnings Call Transcripts
Income & Revenue
Earnings Revenue Revenue Growth Profit Net Income Profit Margin EBITDA Free Cash Flow Revenue Segments
Valuation
Valuation Market Cap Enterprise Value P/E Ratio PEG Ratio P/S Ratio P/B Ratio Book Value
Returns & Ratios
ROIC ROE ROA Current Ratio Quick Ratio Debt/Equity Ratio Earnings Per Share
Balance Sheet
Assets Debt Cash On Hand Shares Outstanding
Dividends
Dividends Dividend Yield Payout Ratio