← HORMEL FOODS CORP /DE/
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $9.5b | $9.2b | $9.5b | $9.5b | $9.6b | $11.4b | $12.5b | $12.1b | $11.9b | $12.1b | |
| Revenue from Contract with Customer, Including Assessed Tax | $9.5b | $9.2b | $9.5b | $9.5b | $9.6b | $11.4b | $12.5b | $12.1b | $11.9b | $12.1b | |
| Cost of Revenue | $7.4b | $7.2b | $7.6b | $7.6b | $7.8b | $9.5b | $10.3b | $10.1b | $9.9b | $10.2b | |
| Gross Profit | $2.2b | $2.0b | $2.0b | $1.9b | $1.8b | $1.9b | $2.2b | $2.0b | $2.0b | $1.9b | |
| Operating Income (Loss) | $1.3b | $1.3b | $1.2b | $1.2b | $1.1b | $1.1b | $1.3b | $1.1b | $1.1b | $718.6m | |
| Additional Financial Items | |||||||||||
| Amortization of Intangible Assets | $8.4m | $8.4m | $12.7m | $11.6m | $14.3m | $17.5m | $19.3m | $18.4m | $16.4m | $14.9m | |
| Goodwill, Impairment Loss | $991k | $0 | — | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Income (Loss) from Equity Method Investments | $38.7m | $39.6m | $59.0m | $39.2m | $35.6m | $47.8m | $27.2m | $42.8m | $51.1m | ($105.8m) | |
| Reclassification from AOCI, Current Period, before Tax, Attributable to Parent | — | — | — | — | — | $8.8m | $45.1m | ($991k) | ($31.8m) | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $1.3b | $1.3b | $1.2b | $1.2b | $1.1b | $1.1b | $1.3b | $1.0b | $1.0b | $663.4m | |
| Investment Income, Net | — | — | — | — | — | — | $28.0m | $14.8m | $48.4m | — | |
| Net Income (Loss) Attributable to Parent | $890.1m | $846.7m | $1.0b | $978.8m | $908.1m | $908.8m | $1,000.0m | $793.6m | $805.0m | $478.2m | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $465k | $368k | $442k | $342k | $272k | $301k | $239k | ($653k) | ($407k) | ($433k) | |
| Earnings Per Share, Basic | $1.68 | $1.60 | $1.91 | $1.83 | $1.69 | $1.68 | $1.84 | $1.45 | $1.47 | $0.87 | |
| Earnings Per Share, Diluted | $1.64 | $1.57 | $1.86 | $1.80 | $1.66 | $1.66 | $1.82 | $1.45 | $1.47 | $0.87 | |
| Common Stock, Dividends, Per Share, Declared | $0.58 | $0.68 | $0.75 | $0.84 | $0.93 | $0.98 | $1.04 | $1.10 | $1.13 | $1.16 | |
| Weighted Average Number of Shares Outstanding, Basic | 529.3m | 528.4m | 530.7m | 534.6m | 538.0m | 541.1m | 544.9m | 546.4m | 548.1m | 550.2m | |
| Weighted Average Number of Shares Outstanding, Diluted | 542.5m | 539.1m | 543.9m | 545.2m | 546.6m | 547.6m | 549.6m | 549.0m | 548.8m | 550.5m | |
| Selling, General and Administrative Expense | $872.0m | $762.1m | $838.2m | $727.6m | $761.3m | $853.1m | $879.3m | $942.2m | $1.0b | $996.6m | |
| Interest Expense | $12.9m | $12.7m | $26.5m | $18.1m | $21.1m | $43.3m | $62.5m | $73.4m | $80.9m | $78.0m | |
| Interest Expense (non-operating) | — | — | — | — | — | — | — | — | $80.9m | $78.0m | |
| Current Income Tax Expense (Benefit) | $382.4m | $369.4m | $176.1m | $201.9m | $174.4m | $188.4m | $100.9m | $188.8m | $143.1m | $132.8m | |
| Research and Development Expense | $34.7m | $34.2m | $33.8m | $32.5m | $31.9m | $33.6m | $34.7m | $33.7m | $36.1m | $35.2m | |
| Income Tax Expense (Benefit) | $426.7m | $431.5m | $168.7m | $230.6m | $206.4m | $217.0m | $277.9m | $220.6m | $230.8m | $185.7m | |
| Other Operating Income (Expense), Net | $1.3b | $1.3b | $1.2b | $1.2b | $1.1b | $1.1b | $1.3b | $1.1b | $1.1b | ($1.3m) |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.