HORMEL FOODS CORP /DE/
HRL · Meat Packing Plants · 549.0M shares · +0%/yr ↑ shares · EDGAR filings ↗
Net buyback after stock comp: -$12M (gross $12M, SBC $24M)
Reference price $24.00 · est. market cap ~$13.2B — last insider sale, 2025-12-11 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
C68Durable branded-protein franchise with a strong balance sheet but mediocre, declining returns.
Strengths
- Solid ROA 3.57% (73rd pct), low leverage (D/E 0.36), strong FCF (85th pct) and 60 years of dividend increases
- Resilient brands (SPAM, Jennie-O, Applegate) with steady net-sales growth across all three segments
Risks
- ROE only 6% (52nd pct) and net earnings down 41% on $163.7M Garudafood and trade-name impairments
- Persistent input-cost inflation pressuring margins; International unit and Justin's/Planters trade names flagged for impairment risk
Notable findings
- Exec changeRecent 8-K item 5.02 8-K ↗
- Strong balance sheetStrong balance sheet — $704M cash & investments
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Return on equity
6.1%
Return on assets
3.6%
ROIC
5.3%
Revenue growth (QoQ)
1.2%
Net-income growth
-40.6%
Debt / equity
0.4×
Net debt / EBITDA
2.2×
Current ratio
2.5×
Free cash flow
$534M
EBITDA
$983M
Tangible book value
$1.3B
Cash & investments
$704M
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-06-09 | Bonifant William W. | Grant | 5.7K | — |
| 2026-06-09 | Borrelli Domenic | Grant | 8.3K | — |
| 2026-04-27 | Aakre D Scott | Tax withheld | 1.7K | $21.47 |
| 2026-04-14 | Bonifant William W. | Grant | 12K | — |
| 2026-03-31 | Schoneman Debbra L. | Grant | 1.3K | $22.65 |
| 2026-03-31 | Policinski Christopher J. | Grant | 2.5K | $22.65 |
| 2026-03-31 | White Steven Andrew | Grant | 2.7K | $22.65 |
| 2026-03-31 | Bhojwani Gary C. | Grant | 2.7K | $22.65 |
| 2026-03-31 | Newlands William A | Grant | 6.7K | $22.65 |
| 2026-03-18 | White Steven Andrew | Gift | 5.4K | — |
| 2026-03-18 | White Steven Andrew | Gift | 5.4K | — |
| 2026-02-02 | Policinski Christopher J. | Grant | 6.5K | — |
| 2026-02-02 | Bhojwani Gary C. | Grant | 6.5K | — |
| 2026-02-02 | Ghingo John F | Grant | 33K | — |
| 2026-02-02 | Zechmeister Michael Paul | Grant | 6.5K | — |
| 2026-02-02 | White Steven Andrew | Grant | 6.5K | — |
| 2026-02-02 | Newlands William A | Grant | 6.5K | — |
| 2026-02-02 | Schoneman Debbra L. | Grant | 6.5K | — |
| 2026-02-02 | Murano Elsa A | Grant | 6.5K | — |
| 2026-02-02 | Aakre D Scott | Grant | 6.5K | — |
| 2026-02-02 | SMITH SALLY J | Grant | 6.5K | — |
| 2026-02-02 | LACY STEPHEN M | Grant | 6.5K | — |
| 2026-01-02 | Aakre D Scott | Grant | 5.6K | — |
| 2025-12-11 | Murano Elsa A | Sell | 13K | $24.00 |
| 2025-12-09 | Weber David F | Grant | 5.9K | — |
| 2025-12-09 | Clark Mary Katherine | Grant | 3.6K | — |
| 2025-12-09 | Losness-Larson Katherine M | Grant | 8.5K | — |
| 2025-12-09 | Kuehneman Paul R | Grant | 13K | — |
| 2025-12-09 | Lilly Pierre M | Grant | 4.2K | — |
| 2025-12-09 | Lilly Pierre M | Grant | 4.2K | — |
| 2025-12-09 | Neufeldt Swen | Grant | 7.6K | — |
| 2025-12-09 | Myers Kevin L | Grant | 11K | — |
| 2025-12-09 | Batcheler Colleen | Grant | 21K | — |
| 2025-12-06 | Kuehneman Paul R | Tax withheld | 619 | $24.34 |
| 2025-12-06 | Weber David F | Tax withheld | 538 | $24.34 |
| 2025-12-06 | Losness-Larson Katherine M | Tax withheld | 672 | $24.34 |
| 2025-12-06 | Lilly Pierre M | Tax withheld | 619 | $24.34 |
| 2025-12-06 | Neufeldt Swen | Tax withheld | 1.1K | $24.34 |
| 2025-12-06 | Myers Kevin L | Tax withheld | 1.3K | $24.34 |
| 2025-12-06 | Aakre D Scott | Tax withheld | 605 | $24.34 |
| 2025-09-30 | White Steven Andrew | Grant | 2.5K | $24.74 |
| 2025-09-30 | Bhojwani Gary C. | Grant | 2.7K | $24.74 |
| 2025-09-30 | Newlands William A | Grant | 3.1K | $24.74 |
| 2025-09-30 | Policinski Christopher J. | Grant | 2.3K | $24.74 |
| 2025-08-05 | Ghingo John F | Grant | 4.1K | — |
| 2025-08-05 | Aakre D Scott | Grant | 7.1K | — |
| 2025-08-05 | ETTINGER JEFFREY M | Grant | 64K | — |
| 2025-06-10 | Myers Kevin L | Grant | 482 | — |
| 2025-06-10 | Neufeldt Swen | Grant | 4.8K | — |
| 2025-06-10 | Weber David F | Grant | 643 | — |
| 2025-06-07 | Kuehneman Paul R | Tax withheld | 136 | $30.66 |
| 2025-03-31 | Bhojwani Gary C | Grant | 2.1K | $30.94 |
| 2025-03-31 | White Steven Andrew | Grant | 2.0K | $30.94 |
| 2025-03-31 | Newlands William A | Grant | 2.5K | $30.94 |
| 2025-03-31 | Policinski Christopher J. | Grant | 1.8K | $30.94 |
| 2025-03-27 | Murano Elsa A | Sell | 4.5K | $30.40 |
| 2025-03-21 | ETTINGER JEFFREY M | Grant | 5.3K | $29.98 |
| 2025-03-04 | White Steven Andrew | Gift | 5.2K | — |
| 2025-03-04 | White Steven Andrew | Gift | 5.2K | — |
| 2025-02-03 | LACY STEPHEN M | Grant | 5.4K | — |
| 2025-02-03 | Newlands William A | Grant | 5.4K | — |
| 2025-02-03 | Policinski Christopher J. | Grant | 5.4K | — |
| 2025-02-03 | Schoneman Debbra L. | Grant | 5.4K | — |
| 2025-02-03 | SMITH SALLY J | Grant | 5.4K | — |
| 2025-02-03 | Zechmeister Michael Paul | Grant | 5.4K | — |
| 2025-02-03 | White Steven Andrew | Grant | 5.4K | — |
| 2025-02-03 | Snee James P | Grant | 68K | — |
| 2025-02-03 | Murano Elsa A | Grant | 5.4K | — |
| 2025-02-03 | Bhojwani Gary C | Grant | 5.4K | — |
| 2025-02-01 | Snee James P | Tax withheld | 13K | $29.98 |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-06-12 | Exec/director changeExhibits | filing ↗ |
| 2026-05-28 | ResultsExhibits | filing ↗ |
| 2026-02-26 | ResultsExhibits | filing ↗ |
| 2026-02-18 | ResultsExhibits | filing ↗ |
| 2026-02-13 | Exec/director changeExhibits | filing ↗ |
| 2026-02-02 | Exec/director changeShareholder voteExhibits | filing ↗ |
| 2025-12-04 | ResultsExhibits | filing ↗ |
| 2025-11-04 | 2.05Reg FDExhibits | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-06-12 | 2026-06-09 | 0000048465-26-000044 ↗ |
| 10-Q | 2026-05-28 | 2026-04-26 | 0000048465-26-000026 ↗ |
| 8-K | 2026-05-28 | 2026-05-28 | 0000048465-26-000024 ↗ |
| 10-Q | 2026-02-26 | 2026-01-25 | 0000048465-26-000020 ↗ |
| 8-K | 2026-02-26 | 2026-02-26 | 0000048465-26-000018 ↗ |
| 8-K | 2026-02-18 | 2026-02-17 | 0000048465-26-000013 ↗ |
| 8-K/A | 2026-02-13 | 2025-10-23 | 0000048465-26-000010 ↗ |
| 8-K | 2026-02-02 | 2026-01-27 | 0000048465-26-000006 ↗ |
| 10-K | 2025-12-05 | 2025-10-26 | 0000048465-25-000059 ↗ |
| 8-K | 2025-12-04 | 2025-12-04 | 0000048465-25-000056 ↗ |
| 8-K | 2025-11-04 | 2025-11-04 | 0000048465-25-000053 ↗ |
| 8-K/A | 2025-10-31 | 2025-10-23 | 0000048465-25-000049 ↗ |