Latest period
$315M
YoY change
+21.2%
5Y CAGR
-3.3%
Peak year (FY2018)
$380M
Cumulative CapEx
$5.48B
CapEx history chart for Hormel Foods (HRL) from 2016 to 2025
Latest: $311M
CapEx growth chart for Hormel Foods (HRL) from 2016 to 2025
Latest: +21.2%
CapEx history table for Hormel Foods (HRL) from 1992 to 2025
| FY2025 | $311M | +21.2% | +$54.5M | ||
| FY2024 | $256M | -5.1% | -$13.8M | ||
| FY2023 | $270M | -2.7% | -$7.48M | ||
| FY2022 | $278M | +20.6% | +$47.5M | ||
| FY2021 | $230M | -37.4% | -$137M | ||
| FY2020 | $368M | +43.3% | +$111M | ||
| FY2019 | $256M | -32.5% | -$123M | ||
| FY2018 | $380M | +74.8% | +$163M | ||
| FY2017 | $217M | -12.8% | -$32M | ||
| FY2016 | $249M | +98.5% | +$124M | ||
| FY2015 | $126M | -15.6% | -$23.3M | ||
| FY2014 | $149M | +54.1% | +$52.3M | ||
| FY2013 | $96.6M | -24.4% | -$31.1M | ||
| FY2012 | $128M | +38.1% | +$35.2M | ||
| FY2011 | $92.5M | +9.0% | +$7.62M | ||
| FY2010 | $84.9M | -7.7% | -$7.05M | ||
| FY2009 | $92M | -27.0% | -$33.9M | ||
| FY2008 | $126M | +0.1% | +$95K | ||
| FY2007 | $126M | -11.1% | -$15.7M | ||
| FY2006 | $142M | +32.1% | +$34.4M | ||
| FY2005 | $107M | +33.3% | +$26.7M | ||
| FY2004 | $80.4M | -66.7% | -$161M | ||
| FY2003 | $241M | +273.8% | +$177M | ||
| FY2002 | $64.5M | -16.4% | -$12.7M | ||
| FY2001 | $77.1M | -23.0% | -$23M | ||
| FY2000 | $100M | +26.6% | +$21M | ||
| FY1999 | $79.1M | +4.4% | +$3.3M | ||
| FY1998 | $75.8M | -34.9% | -$40.6M | ||
| FY1997 | $116M | -5.3% | -$6.5M | ||
| FY1996 | $123M | +18.9% | +$19.5M | ||
| FY1995 | $103M | +58.1% | +$38M | ||
| FY1994 | $65.4M | -30.1% | -$28.1M | ||
| FY1993 | $93.5M | +308.3% | +$70.6M | ||
| FY1992 | $22.9M | — | — |
- FY2025$311M+21.2%
- FY2024$256M-5.1%
- FY2023$270M-2.7%
- FY2022$278M+20.6%
- FY2021$230M-37.4%
- FY2020$368M+43.3%
- FY2019$256M-32.5%
- FY2018$380M+74.8%
- FY2017$217M-12.8%
- FY2016$249M+98.5%
- FY2015$126M-15.6%
- FY2014$149M+54.1%
- FY2013$96.6M-24.4%
- FY2012$128M+38.1%
- FY2011$92.5M+9.0%
- FY2010$84.9M-7.7%
- FY2009$92M-27.0%
- FY2008$126M+0.1%
- FY2007$126M-11.1%
- FY2006$142M+32.1%
- FY2005$107M+33.3%
- FY2004$80.4M-66.7%
- FY2003$241M+273.8%
- FY2002$64.5M-16.4%
- FY2001$77.1M-23.0%
- FY2000$100M+26.6%
- FY1999$79.1M+4.4%
- FY1998$75.8M-34.9%
- FY1997$116M-5.3%
- FY1996$123M+18.9%
- FY1995$103M+58.1%
- FY1994$65.4M-30.1%
- FY1993$93.5M+308.3%
- FY1992$22.9M—
CapEx values are taken from Hormel Foods's reported cash flow statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About CapEx at Hormel Foods (HRL)
According to Hormel Foods's latest reported financial statements, the company's current CapEx (TTM) is $315M. Capital expenditures (CapEx) are cash outlays for property, plant, and equipment and other long-lived productive assets — reported on the cash flow statement under investing activities. CapEx funds future capacity (factories, data centers, software, machinery), so rising spend can signal investment in growth, while heavy CapEx reduces free cash flow available to shareholders. We display CapEx as a positive amount (the absolute cash outflow); compare with revenue to gauge capital intensity and with total assets for the asset-base context.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
In 2025, Hormel Foods (HRL) CapEx totalled $311M – grew 21.2% year-over-year.
Across 2020–2025 (5 years), Hormel Foods CapEx produced a CAGR of -3.3% – with a net decline across the window.
Hormel Foods CapEx declined from $380M in 2018 to $311M in 2025, a 18.2% drawdown.
The record annual CapEx stands at $380M, reached in 2018; the historical low of $22.9M was recorded in 1992.
Hormel Foods Capital Expenditures by Year
Hormel Foods Capital Expenditures 2025: $311M
Hormel Foods CapEx in 2025 was $311M, grew 21.2% from 2024.
Hormel Foods Capital Expenditures 2024: $256M
2024's CapEx for Hormel Foods came in at $256M, declined 5.1% below 2023.
Hormel Foods Capital Expenditures 2023: $270M
Hormel Foods posted CapEx of $270M in 2023, edged down 2.7% below 2022.
Hormel Foods Capital Expenditures 2022: $278M
In 2022, Hormel Foods reported CapEx of $278M, grew 20.6% from 2021.
Hormel Foods Capital Expenditures 2021: $230M
Hormel Foods CapEx in 2021 was $230M.
See more financial history for Hormel Foods (HRL).
Sector peers by CapEx
Consumer Defensive peers of Hormel Foods (HRL), ranked by their latest CapEx
| $26.6B | |
| $5.5B | |
| $4.42B | |
| $4.41B | |
| $2.11B | |
| $1.57B | |
| $216M | |
| $132M |
- $26.6B
- $5.5B
- $4.42B
- $4.41B
- $2.11B
- $216M
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