Ticker League

TTM

$466.82M

YoY change

-40.6%

5Y CAGR

-12.0%

Peak year (2018)

$1.01B

Net Income history chart for Hormel Foods (HRL) from 1985 to 2025

Latest: $478.20M

Net Income growth chart for Hormel Foods (HRL) from 1985 to 2025

Latest: -40.6%

Net Income history table for Hormel Foods (HRL) from 1985 to 2025

  • 2025$478.20M-40.6%
  • 2024$805.04M+1.4%
  • 2023$793.57M-20.6%
  • 2022$999.99M+10.0%
  • 2021$908.84M+0.1%
  • 2020$908.08M-7.2%
  • 2019$978.81M-3.3%
  • 2018$1.01B+19.5%
  • 2017$846.74M-4.9%
  • 2016$890.05M+29.7%
  • 2015$686.09M+13.8%
  • 2014$602.68M+14.5%
  • 2013$526.21M+5.2%
  • 2012$500.05M+5.5%
  • 2011$474.19M+19.9%
  • 2010$395.59M+15.4%
  • 2009$342.81M+20.1%
  • 2008$285.50M-5.4%
  • 2007$301.89M+5.5%
  • 2006$286.14M+12.4%
  • 2005$254.60M+9.0%
  • 2004$233.55M+25.7%
  • 2003$185.78M-1.9%
  • 2002$189.32M+3.8%
  • 2001$182.44M+7.2%
  • 2000$170.22M+4.2%
  • 1999$163.40M+17.3%
  • 1998$139.30M+27.2%
  • 1997$109.50M+37.9%
  • 1996$79.40M-34.1%
  • 1995$120.40M+2.0%
  • 1994$118.00M-541.9%
  • 1993−$26.70M-128.0%
  • 1992$95.20M+10.2%
  • 1991$86.40M+12.1%
  • 1990$77.10M+10.0%
  • 1989$70.10M+16.4%
  • 1988$60.20M+31.2%
  • 1987$45.90M+17.4%
  • 1986$39.10M+1.3%
  • 1985$38.60M

Net Income values are taken from Hormel Foods's reported income 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 Net Income at Hormel Foods (HRL)

According to Hormel Foods's latest reported financial statements, the company's current net income (TTM) is $466.82M. Net income is the bottom-line profit after all expenses — cost of goods sold, operating expenses, interest, and taxes — are subtracted from revenue. It is the figure used to compute earnings per share (EPS) and is the residual available to shareholders.

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) net income totalled $478.20M – plunged 40.6% year-over-year.

Hormel Foods net income compound annual growth for the 2020–2025 (5 years) window is -12.0%, with a net decline across the window.

Hormel Foods net income plunged from $1.01B in 2018 to $478.20M in 2025, a 52.8% drawdown.

Across the available history, net income reached its high of $1.01B in 2018 and its low of −$26.70M in 1993.

Hormel Foods Net Income by Year

Hormel Foods Net Income 2025: $478.20M

Hormel Foods net income in 2025 was $478.20M, plunged 40.6% below 2024.

Hormel Foods Net Income 2024: $805.04M

2024's net income for Hormel Foods came in at $805.04M, edged up 1.4% from 2023.

Hormel Foods Net Income 2023: $793.57M

Hormel Foods posted net income of $793.57M in 2023, declined 20.6% below 2022.

Hormel Foods Net Income 2022: $999.99M

In 2022, Hormel Foods reported net income of $999.99M, grew 10.0% from 2021.

Hormel Foods Net Income 2021: $908.84M

Hormel Foods net income in 2021 was $908.84M.

See more financial history for Hormel Foods (HRL).

Sector peers by Net Income

Consumer Defensive peers of Hormel Foods (HRL), ranked by their latest net income

Frequently asked questions