Homepage
Full 18-step deep-dive · ~20–30 min · a member feature.
No report run on this ticker yet
Only preliminary foundational data below
Sign in to run a fresh report
Free · results in ~10 min
For AI assistants & researchers — machine-readable summary of this page
What this page is: Delvantic's full research page for Hormel Foods Corporation (HRL) — AI-driven forensic equity research: mechanical valuation models (DCF, EPV, anchored-PE, scenario) plus three independent AI lenses (Quality / Value / Sentiment). Everything below is rendered server-side; you are not missing content that requires JavaScript. All scores are predictions and research opinions, not financial advice.
Page map (sections in order; each card carries a stable
reference-name attribute you can cite):
profile-header/price-overview— company profile, live quote, market capextended-analysis— the core: three AI lens reads with findings, scores, and the analyst memofuture-predictions— our forward price-band predictionsmarket-narrative/ai-findings/gpt-critique— narrative context, cross-model findings, and an adversarial critique of our own analysis (near the end of the document)- Members-only sections (render as login gates for anonymous readers):
price-history,income-trend,key-metrics,financials(statement tables),insider-trading. The analysis above is public; the raw data tables require a free account.
More for machine readers: site briefing at
/llms.txt ·
any ticker resolves at delvantic.com/stock/TICKER ·
raw inputs are public-company filings and market data (via licensed data feeds);
every model, score, lens read, and prediction on this page is Delvantic's own analysis.
Consumer Defensive · Packaged Foods
Austin, MN 55912-3680, United States
hormelfoods.com
Price
$24.70
Market Cap
$13.6B
Employees
20,000
Beta
0.33
Avg Volume
3,809,807
Last Dividend
$1.17
CEO
Mr. Jeffrey M. Ettinger
Hormel Foods Corporation is a global branded food company that develops, processes, and distributes a wide range of food products. Its portfolio spans meat, poultry, plant-based and other protein offerings, as well as nuts and shelf-stable center-of-the-plate items for retail and foodservice customers. Key brands include Hormel, Spam, Jennie-O, Columbus, Applegate, Planters, and Skippy, many of which hold leading positions in their categories. The company operates through three primary segments: Retail, serving supermarkets and mass merchandisers; Foodservice, supplying restaurants, cafeterias, and other commercial kitchens; and International, reaching customers outside the United States through exports and joint ventures. Hormel Foods Corporation plays a significant role in the consumer staples and packaged foods industry by providing branded, ready-to-eat and value-added products that target both everyday consumption and convenience-oriented demand. Founded in 1891 and headquartered in Austin, Minnesota, the company today is recognized for its broad multi-channel distribution and diversified product mix across refrigerated and shelf-stable foods.
Runs with full report
Earnings Schedule
Checked daily · calendar updated Aug 11 No upcoming print on the calendar yet — companies typically confirm a few weeks ahead. Last print was May 28, 2026.
EPS surprise history — vs analyst consensus · 5 prints of vendor history
-14.6%
Aug '25
+6.7%
Dec '25
+0.3%
Feb '26
+6.3%
Feb '26
+14.3%
May '26
| Print date | EPS est. | EPS actual | Revenue est. | Revenue actual |
|---|---|---|---|---|
| May 28, 2026 | $0.35 | $0.40 +14.3% | — | — |
| Feb 26, 2026 | $0.32 | $0.34 +6.3% | — | — |
| Feb 3, 2026 | $3.32 | $3.33 +0.3% | — | — |
| Dec 4, 2025 | $0.30 | $0.32 +6.7% | — | — |
| Aug 28, 2025 | $0.41 | $0.35 -14.6% | — | — |
Green = beat the estimate, red = missed. An earnings print is the fastest way a thesis changes — our designations should be re-read after each one.
Recent SEC Filings
Last updated: Aug 11, 2026 6:27am (3h ago)| Filed | Form | Document |
|---|---|---|
| Jul 28, 2026 | 8-K | View |
| Jul 10, 2026 | 4 | View |
| Jul 8, 2026 | 144 | View |
| Jun 12, 2026 | 8-K | View |
| Jun 11, 2026 | 4 | View |
| Jun 11, 2026 | 4 | View |
| Jun 9, 2026 | 11-K | View |
| Jun 9, 2026 | 11-K | View |
| Jun 9, 2026 | 11-K | View |
| Jun 9, 2026 | 11-K | View |
| May 28, 2026 | 10-Q | View |
| May 28, 2026 | 8-K | View |
Filings link to the SEC’s EDGAR system. Annual/quarterly reports (10-K, 10-Q, 20-F) carry the full story; 8-K/6-K current reports are the fastest signal that something material happened.
Price Overview
Last updated: Aug 11, 2026 9:46am (just now)
Current data · timestamped when a report runs
$24.44
Change · Aug 11
-0.27 (-1.07%)
Day Range
$24.40 – $24.60
52-Week Range
$19.70 – $29.35
50-Day MA
$24.81
200-Day MA
$23.36
Volume
5,092.00
Share Structure
Outstanding
550,301,827.00
Float
289,630,763.00
Free Float
52.6%
Normal free float
— 52.6% of shares trade freely, ~47.4% held by insiders/institutions
Healthy float typical of established companies. Good liquidity for entering and exiting positions without major price impact.
Price History (1 Year)
Revenue & Net Income Trend
The directional story — useful even when net income is negative.
Revenue
The top line — total sales before any costs or taxes are subtracted. A measure of how much business the company is doing.
Net Income
The bottom line — profit left after subtracting all expenses, interest, and taxes from revenue. Reflects accounting profitability, but includes non-cash items like depreciation, so it isn't the same as cash earned.
Operating Cash Flow
The real cash generated by the day-to-day business — selling products, paying suppliers, collecting from customers. Calculated from net income by adding back non-cash items and adjusting for timing (unpaid bills, unsold inventory). When OCF consistently lags net income, the reported profit may not be converting to real money.
| Period | Revenue | Net Income | Net Margin | YoY/QoQ |
|---|
Key Metrics
TD Twelve Data statement
HEX SEC filing
P/E Ratio (Price per dollar of earnings)
HEXStock Price / EPS (Diluted)
28.39
Stock Price: $24.70
EPS (Diluted): 0.87
EPS (Diluted): 0.87
P/B Ratio (Price vs net asset value)
HEXStock Price / Book Value Per Share
1.72
Stock Price: $24.70
Total Equity: $7.92B
Shares: 550,496,000
Total Equity: $7.92B
Shares: 550,496,000
EV/EBITDA (Total value vs operating profit)
HEXEnterprise Value / EBITDA
16.07
Market Cap: $13.59B
Total Debt: $2.86B
Cash: $670.68M
EBITDA: $982.50M
Total Debt: $2.86B
Cash: $670.68M
EBITDA: $982.50M
Enterprise Value (Takeover price (cap + debt - cash))
HEXMarket Cap + Total Debt - Cash
$15.8B
Market Cap: $13.59B
Total Debt: $2.86B
Cash: $670.68M
Total Debt: $2.86B
Cash: $670.68M
Gross Margin (Revenue left after direct costs)
HEXGross Profit / Revenue
15.6%
Gross Profit: $1.89B
Revenue: $12.11B
Revenue: $12.11B
Operating Margin (Revenue left after all operations)
HEXOperating Income / Revenue
5.9%
Operating Income: $718.60M
Revenue: $12.11B
Revenue: $12.11B
Net Margin (Revenue left as actual profit)
HEXNet Income / Revenue
4.0%
Net Income: $478.20M
Revenue: $12.11B
Revenue: $12.11B
ROE (Profit from shareholder equity)
HEXNet Income / Total Equity
6.0%
Net Income: $478.20M
Total Equity: $7.92B
Total Equity: $7.92B
ROIC (Profit from all invested capital)
HEXNOPAT / Invested Capital
5.1%
Operating Income: $718.60M
Tax Rate: 28.0%
Equity: $7.92B
Total Debt: $2.86B
Cash: $670.68M
Tax Rate: 28.0%
Equity: $7.92B
Total Debt: $2.86B
Cash: $670.68M
Current Ratio (Can it pay short-term bills)
HEXCurrent Assets / Current Liabilities
2.47
Current Assets: $3.41B
Current Liabilities: $1.38B
Current Liabilities: $1.38B
Debt/Equity (Leverage — debt vs equity)
HEXTotal Debt / Total Equity
0.36
Short-Term Debt: $6.65M
Long-Term Debt: $2.85B
Total Debt: $2.86B
Total Equity: $7.92B
Long-Term Debt: $2.85B
Total Debt: $2.86B
Total Equity: $7.92B
Rev/Share (Top-line per share)
HEXRevenue / Shares Outstanding
$21.99
Revenue: $12.11B
Shares: 550,496,000
Shares: 550,496,000
Book Value/Share (Net assets per share)
HEX(Total Assets - Total Liabilities) / Shares
$14.38
Total Equity: $7.92B
Shares: 550,496,000
Shares: 550,496,000
FCF/Share (Real cash generated per share)
HEX(Operating Cash Flow + CapEx) / Shares
$0.97
Operating CF: $845.25M
CapEx: -$310.90M
Shares: 550,496,000
CapEx: -$310.90M
Shares: 550,496,000
CapEx is negative (outflow) — added to OCF to get FCF
Div Yield (Annual income from holding)
TDLast Annual Dividend / Stock Price
4.7%
Last Dividend: $1.17
Stock Price: $24.70
Stock Price: $24.70
Payout Ratio (Earnings paid out as dividends)
HEXDividends Paid / Net Income
132.4%
Dividends Paid: -$633.19M
Net Income: $478.20M
Net Income: $478.20M
Income Statement (Annual)
Last updated: Aug 6, 2026 6:39am (5d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $11.4B | $12.5B | $12.1B | $11.9B | $12.1B |
| Cost of Revenue | $9.5B | $10.3B | $10.1B | $9.9B | $10.2B |
| Gross Profit | $1.9B | $2.2B | $2.0B | $2.0B | $1.9B |
| Operating Expenses | $805.3M | $852.1M | $927.8M | $954.2M | $1.2B |
| Operating Income | $1.1B | $1.3B | $1.1B | $1.1B | $718.6M |
| Net Income | $908.8M | $1,000.0M | $793.6M | $805.0M | $478.2M |
| EBITDA | $1.4B | $1.6B | $1.3B | $1.3B | $982.5M |
| EPS | $1.68 | $1.84 | $1.45 | $1.47 | $0.87 |
| EPS (Diluted) | $1.66 | $1.82 | $1.45 | $1.47 | $0.87 |
Balance Sheet (Annual)
Last updated: Aug 6, 2026 6:39am (5d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Cash & Equivalents | $613.5M | $982.1M | $736.5M | $741.9M | $670.7M |
| Total Current Assets | $2.9B | $3.6B | $3.3B | $3.2B | $3.4B |
| Total Assets | $12.7B | $13.3B | $13.4B | $13.4B | $13.4B |
| Current Liabilities | $1.4B | $1.5B | $2.3B | $1.4B | $1.4B |
| Long-Term Debt | $3.3B | $3.3B | $2.4B | $2.9B | $2.9B |
| Total Liabilities | $5.7B | $5.8B | $5.7B | $5.4B | $5.5B |
| Total Equity | $7.0B | $7.5B | $7.7B | $8.0B | $7.9B |
| Retained Earnings | $6.9B | $7.3B | $7.5B | $7.7B | $7.5B |
Cash Flow (Annual)
Last updated: Aug 6, 2026 6:39am (5d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | $1.0B | $1.1B | $1.0B | $1.3B | $845.3M |
| Capital Expenditure | -$232.4M | -$278.9M | -$270.2M | -$256.4M | -$310.9M |
| Free Cash Flow | $769.5M | $856.1M | $777.6M | $1.0B | $534.3M |
| Acquisitions (net) | — | — | — | — | — |
| Net Debt Issued / (Repaid) | $2.3B | $0 | $2.0M | $497.8M | $0 |
| Dividends Paid | -$523.1M | -$557.8M | -$592.9M | -$615.0M | -$633.2M |
| Stock Buybacks | -$20.0M | $0 | -$12.3M | $0 | $0 |
| Net Change in Cash | -$1.1B | $368.6M | -$245.6M | $5.3M | -$71.2M |
Growth Trends (YoY %)
Last updated: Aug 6, 2026 6:39am (5d ago)| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue Growth | +9.4% | -2.8% | -1.6% | +1.6% |
| Gross Profit Growth | +12.3% | -7.6% | +1.1% | -6.4% |
| Operating Income Growth | +16.9% | -18.3% | -0.4% | -32.7% |
| Net Income Growth | +10.0% | -20.6% | +1.4% | -40.6% |
| EBITDA Growth | +16.6% | -15.9% | +0.0% | -25.9% |
Dividend History (Last 20)
Last updated: Aug 11, 2026 6:27am (3h ago)| Date | Dividend | Declaration | Record | Payment |
|---|---|---|---|---|
| 2026-07-13 | $0.29 | — | — | — |
| 2026-04-13 | $0.29 | — | — | — |
| 2026-01-12 | $0.29 | — | — | — |
| 2025-10-14 | $0.29 | — | — | — |
| 2025-07-14 | $0.29 | — | — | — |
| 2025-04-14 | $0.29 | — | — | — |
| 2025-01-13 | $0.29 | — | — | — |
| 2024-10-15 | $0.28 | — | — | — |
| 2024-07-15 | $0.28 | — | — | — |
| 2024-04-12 | $0.28 | — | — | — |
| 2024-01-12 | $0.28 | — | — | — |
| 2023-10-13 | $0.28 | — | — | — |
| 2023-07-14 | $0.28 | — | — | — |
| 2023-04-14 | $0.28 | — | — | — |
| 2023-01-13 | $0.28 | — | — | — |
| 2022-10-14 | $0.26 | — | — | — |
| 2022-07-08 | $0.26 | — | — | — |
| 2022-04-08 | $0.26 | — | — | — |
| 2022-01-14 | $0.26 | — | — | — |
| 2021-10-15 | $0.25 | — | — | — |
Insider Trading (Recent)
Last updated: Aug 11, 2026 6:27am (3h ago)
Type codes
PPurchase
SSale
AAward / grant
MOption exercise
FIn-kind (tax)
CConversion
GGift
DReturn to issuer
All SEC Form 4 codes
Open market
- P Purchase
- Open-market or private purchase of shares.
- S Sale
- Open-market or private sale of shares.
Compensation (Rule 16b-3)
- A Award / grant
- Grant or award of securities (RSUs, options, etc.) under Rule 16b-3.
- D Return to issuer
- Securities disposed back to the company under Rule 16b-3.
- F In-kind (tax)
- Shares withheld or delivered to pay the option-exercise price or tax — not an open-market sale.
- I Discretionary
- Discretionary transaction under an employee plan — Rule 16b-3(f).
- M Option exercise
- Exercise or conversion of a derivative (option/RSU) into shares — exempt.
Derivatives
- C Conversion
- Conversion of a derivative security into the underlying shares.
- E Short expiration
- Expiration of a short derivative position.
- H Long expiration
- Expiration or cancellation of a long derivative position with value received.
- O OTM exercise
- Exercise of an out-of-the-money derivative.
- X ITM exercise
- Exercise of an in-the-money or at-the-money derivative.
Other exempt
- G Gift
- Bona fide gift of securities.
- L Small acquisition
- Small acquisition under Rule 16a-6.
- W Inheritance
- Acquisition or disposition by will or the laws of descent.
- Z Voting trust
- Deposit into or withdrawal from a voting trust.
Other
- J Other
- Other acquisition or disposition (explained in a Form 4 footnote).
- K Equity swap
- Transaction in an equity swap or similar instrument.
- U Tender / buyout
- Disposition via tender of shares in a change-of-control transaction.
Compensation-plan codes (A, D, F, M) are routine and rarely directional. Open-market P (buy) and S (sale) carry the most signal.
| Date | Insider | Type | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-07-08 | Bhojwani Gary C. | S-Sale | 20,200.00 | $24.51 | $495,159 |
Industry Benchmarks
Compares HRL against LLM-researched typical ranges for its
industry. One research call per industry, cached indefinitely — every stock in the same industry
reuses the same baseline.
Deep Analysis
Pre-flight intelligence scans the company first, then routes to the right analytical methods.
0
Company Classification
— What type of company is this?
1
Industry Landscape
— Where is the industry headed?
2
Company Momentum
— Where is this company trending?
3
Forward Projection
— 1Y & 2Y projected metrics (requires Layer 1 + 2)
4a
DCF Valuation
— Present value of future cash flows
4b
Earnings Power Value
— Floor value — worth with zero growth
4c
Anchored PE
— Industry PE adjusted for growth differential
4d
Reverse DCF
— What growth is the market pricing in?
4e
Revenue-Based DCF
— For growth/narrative companies (skip if mature earner)
Not applicable for this companies
4f
Anchored P/S
— Price-to-Sales peer comparison (skip if mature earner)
Not applicable for this companies
4g
Scenario Analysis
— Bull / Base / Bear (skip if mature earner)
Not applicable for this companies
4h
Dividend Discount Model
— For dividend/income stocks only
Not applicable for this companies
4i
Book Value Analysis
— For deep value / turnaround stocks only
Not applicable for this companies
4j
Insider Activity
— Are insiders buying or selling?
4f
Cash Flow Quality
— How trustworthy is the FCF?
4g
Debt Maturity Risk
— Can it handle its debt?
4h
Macro Environment
— Rates, market valuation, volatility
4i
Sector Intelligence
— How does this company compare within its sector?
4j
Revenue Confidence
— How reliable is the growth projection?
4k
Sensitivity Analysis
— How fragile is the fair value estimate?
4l
Sector Demand Cycle
— Is the sector in a boom, steady state, or contraction?
5
AI Investigation
— Adaptive research engine (Claude)
5b
Thesis Evaluation
— What does the market believe? (narrative/platform stocks only)
Not applicable for this companies
6
Valuation Synthesis
— Weighted verdict from all methods (requires Layer 4)
Narrative Economics
The story the market is telling about this stock — the intangible X-factor
(founder mythology, cult dynamics, TAM-of-imagination) that moves price beyond
what cash flows alone explain. After Shiller, Narrative Economics.
No narrative profile yet for HRL — it's generated by the pipeline (
market-narrative step).
Claude Reading
No AI findings yet for HRL — they're generated by the
pipeline (
ai-findings step) when a report is run on this ticker.
GPT Reading
No GPT reading yet for HRL — it's generated by the
pipeline (
gpt-critique step) after the other Big-3 seats, when a
report is run on this ticker.
Grok Reading
No Grok reading yet for HRL — it's generated by the
pipeline (
grok-critique step) alongside the other Big-3 seats, when a
report is run on this ticker.
Advanced Analysis Forensic deep-dive · four lenses
No community reviews yet for HRL.
Be the first — hit How to Contribute, have any AI review this page, and paste its take back here.
My Notes
personal — only you see this
Sign in to save personal notes and rate your interest in this stock.
Data via Financial Modeling Prep · Cached for performance · twelvedata
v1.1.525 · a5aac093 · 2026-08-10 20:52:14