Hormel Foods Corporation

Packaged FoodsFounded 1891

Market Data Current As Of: September 12, 2026

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Hormel Foods Corporation

Packaged FoodsFounded 1891

Reviewed by Swet Parvadiya

Last reviewed: September 12, 2026

Market Data Current As Of: September 12, 2026

Financial Performance

Hormel Foods Revenue & Financials

Name: Hormel Foods Corporation Annual Revenue History
Creator: CorpDigest
License: https://corpdigest.com/terms

Revenue

$12.1B

Market Cap

$18.5B

Net Income

$478M

Employees

20,000

Financial Analysis

Hormel Foods is battling severe, prolonged commodity inflation and a structural consumer shift away from heavily processed meats. Under CEO Jim Snee, the food processing company generated exactly $12.1 billion in revenue and maintains a $18.5 billion market cap with exactly 20000 employees. The financial narrative in 2026 is defined by aggressive margin defense and brand repositioning; attempting to reduce its reliance on legacy pork products (SPAM) Hormel is intensely pushing its lucrative, premium snacking acquisitions (Planters, Justin's) to survive a challenged center-store grocery environment.

Revenue Trend Analysis

YoY Change

+1.6%

2-Year CAGR

+0%

Peak Year

2023

Trend

Mostly Growing

Hormel Foods Corporation has reported revenue across 3 fiscal years, compounding at +0% annually over 2 years. The most recent year saw a 1.6% increase versus the prior year. Revenue peaked in 2023 at $12.1B. Out of 2 reported periods, 1 showed growth and 1 showed a decline.

Annual Revenue History

Fiscal Year	Revenue	Net Income	YoY Change
FY2025	$12.1B	$478M	+1.6%
FY2024	$11.9B	$805M	-1.6%
FY2023	$12.1B	—	—

Source: SEC EDGAR filings, annual earnings releases, and verified financial disclosures.

Click any row to see year details.

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Hormel Foods Revenue and Financial FAQ

What was Hormel Foods Corporation's reported annual revenue for FY2025?

Hormel Foods Corporation reported approximately $12.1B in fiscal year 2025 with a team of 20,000 employees worldwide.

How does Hormel Foods Corporation allocate capital and manage operating margins?

Hormel Foods Corporation strategically balances reinvestment into core R&D with operational cost discipline, focusing on workflow automation to expand operating margins in 2026.

What is the long-term financial outlook for Hormel Foods Corporation in Packaged Foods?

Financial performance in Packaged Foods is driven by steady cash generation and pricing power, enabling Hormel Foods Corporation to reinvest in high-return strategic initiatives.

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CorpDigest. "Hormel Foods Corporation Revenue & Financials." CorpDigest, https://corpdigest.com/company/hormel/financials.

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<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>Hormel Foods Corporation reported $12B in revenue (FY2025).</strong><br>Source: <a href="https://corpdigest.com/company/hormel/financials" target="_blank" rel="noopener">CorpDigest — Hormel Foods Corporation financials</a></div>

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Explore Hormel Foods

Core profile pages, annual revenue records, and related research hubs for this company.

Financial Analysis

Fiscal Year

Revenue

Net Income

YoY Change

FY2025

$12.1B

$478M

+1.6%

FY2024

$11.9B

$805M

-1.6%

FY2023

$12.1B

—

Hormel Foods Revenue and Financial FAQ

What was Hormel Foods Corporation's reported annual revenue for FY2025?

Hormel Foods Corporation reported approximately $12.1B in fiscal year 2025 with a team of 20,000 employees worldwide.

How does Hormel Foods Corporation allocate capital and manage operating margins?

Hormel Foods Corporation strategically balances reinvestment into core R&D with operational cost discipline, focusing on workflow automation to expand operating margins in 2026.

What is the long-term financial outlook for Hormel Foods Corporation in Packaged Foods?

Financial performance in Packaged Foods is driven by steady cash generation and pricing power, enabling Hormel Foods Corporation to reinvest in high-return strategic initiatives.

Cite or embed this data

Using these figures? Please credit CorpDigest with a link.

Cite this page

CorpDigest. "Hormel Foods Corporation Revenue & Financials." CorpDigest, https://corpdigest.com/company/hormel/financials.

Embed this data

<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>Hormel Foods Corporation reported $12B in revenue (FY2025).</strong><br>Source: <a href="https://corpdigest.com/company/hormel/financials" target="_blank" rel="noopener">CorpDigest — Hormel Foods Corporation financials</a></div>