TTM
$702.73M
YoY change
-32.7%
5Y CAGR
-8.2%
Peak year (2016)
$1.32B
Cumulative operating income
$22.87B
Operating Income history chart for Hormel Foods (HRL) from 1985 to 2025
Latest: $718.60M
Operating Income growth chart for Hormel Foods (HRL) from 1985 to 2025
Latest: -32.7%
Operating Income history table for Hormel Foods (HRL) from 1985 to 2025
| 2025 | $718.60M | -32.7% | −$349.33M | ||
| 2024 | $1.07B | -0.4% | −$4.11M | ||
| 2023 | $1.07B | -18.3% | −$240.56M | ||
| 2022 | $1.31B | +16.9% | +$190.01M | ||
| 2021 | $1.12B | +2.0% | +$22.38M | ||
| 2020 | $1.10B | -8.0% | −$96.05M | ||
| 2019 | $1.20B | +1.4% | +$16.30M | ||
| 2018 | $1.18B | -7.6% | −$96.78M | ||
| 2017 | $1.28B | -3.6% | −$47.15M | ||
| 2016 | $1.32B | +24.0% | +$256.57M | ||
| 2015 | $1.07B | +14.6% | +$135.70M | ||
| 2014 | $931.62M | +15.6% | +$125.63M | ||
| 2013 | $805.99M | +5.4% | +$41.31M | ||
| 2012 | $764.67M | +3.0% | +$22.39M | ||
| 2011 | $742.28M | +14.8% | +$95.71M | ||
| 2010 | $646.58M | +20.5% | +$110.00M | ||
| 2009 | $536.58M | +3.8% | +$19.78M | ||
| 2008 | $516.80M | +6.8% | +$32.88M | ||
| 2007 | $483.92M | +7.4% | +$33.21M | ||
| 2006 | $450.71M | +5.8% | +$24.77M | ||
| 2005 | $425.94M | +12.0% | +$45.56M | ||
| 2004 | $380.38M | +22.5% | +$69.97M | ||
| 2003 | $310.41M | -2.5% | −$7.84M | ||
| 2002 | $318.25M | +4.8% | +$14.45M | ||
| 2001 | $303.80M | +14.6% | +$38.73M | ||
| 2000 | $265.07M | +10.0% | +$24.17M | ||
| 1999 | $240.90M | +31.4% | +$57.50M | ||
| 1998 | $183.40M | +9.0% | +$15.20M | ||
| 1997 | $168.20M | +38.3% | +$46.60M | ||
| 1996 | $121.60M | -33.7% | −$61.80M | ||
| 1995 | $183.40M | -2.0% | −$3.70M | ||
| 1994 | $187.10M | +20.4% | +$31.70M | ||
| 1993 | $155.40M | +6.1% | +$8.90M | ||
| 1992 | $146.50M | +9.7% | +$12.90M | ||
| 1991 | $133.60M | +11.2% | +$13.50M | ||
| 1990 | $120.10M | +9.5% | +$10.40M | ||
| 1989 | $109.70M | +11.1% | +$11.00M | ||
| 1988 | $98.70M | +12.3% | +$10.80M | ||
| 1987 | $87.90M | +18.5% | +$13.70M | ||
| 1986 | $74.20M | -7.4% | −$5.90M | ||
| 1985 | $80.10M | — | — |
- 2025$718.60M-32.7%
- 2024$1.07B-0.4%
- 2023$1.07B-18.3%
- 2022$1.31B+16.9%
- 2021$1.12B+2.0%
- 2020$1.10B-8.0%
- 2019$1.20B+1.4%
- 2018$1.18B-7.6%
- 2017$1.28B-3.6%
- 2016$1.32B+24.0%
- 2015$1.07B+14.6%
- 2014$931.62M+15.6%
- 2013$805.99M+5.4%
- 2012$764.67M+3.0%
- 2011$742.28M+14.8%
- 2010$646.58M+20.5%
- 2009$536.58M+3.8%
- 2008$516.80M+6.8%
- 2007$483.92M+7.4%
- 2006$450.71M+5.8%
- 2005$425.94M+12.0%
- 2004$380.38M+22.5%
- 2003$310.41M-2.5%
- 2002$318.25M+4.8%
- 2001$303.80M+14.6%
- 2000$265.07M+10.0%
- 1999$240.90M+31.4%
- 1998$183.40M+9.0%
- 1997$168.20M+38.3%
- 1996$121.60M-33.7%
- 1995$183.40M-2.0%
- 1994$187.10M+20.4%
- 1993$155.40M+6.1%
- 1992$146.50M+9.7%
- 1991$133.60M+11.2%
- 1990$120.10M+9.5%
- 1989$109.70M+11.1%
- 1988$98.70M+12.3%
- 1987$87.90M+18.5%
- 1986$74.20M-7.4%
- 1985$80.10M—
Operating 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 Operating Income at Hormel Foods (HRL)
According to Hormel Foods's latest reported financial statements, the company's current operating income (TTM) is $702.73M. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Hormel Foods (HRL) most recent annual operating income stands at $718.60M (2025) – plunged 32.7% year-over-year.
Hormel Foods operating income compound annual growth for the 2020–2025 (5 years) window is -8.2%, with a net decline across the window.
Hormel Foods operating income plunged from $1.32B in 2016 to $718.60M in 2025, a 45.7% drawdown.
$1.32B stands as the all-time-high annual operating income, posted in 2016, against a low of $74.20M during 1986.
Hormel Foods Operating Income by Year
Hormel Foods Operating Income 2025: $718.60M
Hormel Foods operating income in 2025 was $718.60M, plunged 32.7% below 2024.
Hormel Foods Operating Income 2024: $1.07B
2024's operating income for Hormel Foods came in at $1.07B, edged down 0.4% below 2023.
Hormel Foods Operating Income 2023: $1.07B
Hormel Foods posted operating income of $1.07B in 2023, declined 18.3% below 2022.
Hormel Foods Operating Income 2022: $1.31B
In 2022, Hormel Foods reported operating income of $1.31B, grew 16.9% from 2021.
Hormel Foods Operating Income 2021: $1.12B
Hormel Foods operating income in 2021 was $1.12B.
See more financial history for Hormel Foods (HRL).
Sector peers by Operating Income
Consumer Defensive peers of Hormel Foods (HRL), ranked by their latest operating income
| $29.82B | |
| $20.45B | |
| $15.06B | |
| $14.93B | |
| $13.76B | |
| $13.49B | |
| $10.38B | |
| $2.42B |
- $29.82B
- $20.45B
- $15.06B
- $13.76B
- $13.49B
- $10.38B
- $2.42B
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