Hormel Foods Corporation (HRL) Stock

Hormel Foods Corporation (HRL) is a Consumer Staples stock trading at $23.89 (as of 2026-08-21), with a market capitalization of $13.16B and a trailing P/E of 28.2. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

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.

Understand Hormel Foods Corporation: how it makes money

Hormel Foods develops, processes, and distributes meat, nuts, and food products sold to retail, foodservice, deli, and commercial customers, earning money through product sales across grocery, refrigerated foods, turkey, and international offerings.

Profit performance is structurally tied to moving enough volume in its core categories while offsetting headwinds using Transform and Modernize value projects execution.

Business quality (Weak): The provided facts show the main business and several operating KPIs tied to volume and value-project execution, but segment-level revenue detail is not available here.

Valuation: At 28× earnings, HRL trades in line with the Food Products average (26×). Note: one-time items can distort reported P/E.

Bull case

  • Value initiatives are actively being executed: Hormel reported 90 Transform and Modernize Value Projects Executed.
  • Product mix spans multiple formats and channels: The company operates across Grocery Products, Refrigerated Foods, Jennie-O Turkey Store, and International & Other.

Bear case

  • Volume weakness in international and other: International and Other Volume Decline was reported at 11 percent.
  • Broader organic volume softness: Organic Volume Decline was reported at 11 percent, alongside Volume Reduction of 6 percent.
Valuation — source: SEC EDGAR (first-party)
Price$23.89
Market Cap$13.16B
P/E Ratio28.2
EV / EBITDA15.6
Price / Book1.65
Price / Sales1.08
FCF Yield5.3%
DCF Value (model)$5.54
DCF Upside vs Price-76.8%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$12.11B
Net Margin4.0%
Revenue Growth (YoY)2.5%
EPS Growth (YoY)-12.1%
FCF Growth (YoY)-619.0%
Financial Health — source: SEC EDGAR
Altman Z-Score3.49 (safe)
Piotroski F-Score5/9 (moderate)
Valuation vs Sector & Industry
Stock P/E28.2
Sector P/E (Consumer Staples)26.7
Industry P/E (Food Products)26.1
vs Sector5.5%
vs Industry8.1%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderVANGUARD GROUP INC ($880.08M)
Institutional Holders Tracked10
Congressional Trades (recent)10
Company
SectorConsumer Staples
IndustryFood Products
CEOJeffrey Ettinger
Employees20,000
CountryUS
IPO Date1980-03-17

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HRL earnings history · HRL institutional & insider holders · HRL KPIs & operating metrics · HRL financials · HRL investor presentations & press releases · HRL SEC filings · HRL peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-21.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.