HORMEL FOODS CORP /DE/
NYSE: HRLMeat Packing Plants · Entity-resolved by Clous
Key financials
Market
Short interest & fails
Short volume (FINRA Reg SHO) · fails-to-deliver (SEC) · borrow fee (broker securities-lending feed) — via the Clous API.
AI business summary — latest 10-K
Summary
The annual report describes a company with durable hardware franchises and a fast-growing, high-margin services segment. Revenue reached a record on continued installed-base monetization, while gross margin expanded on services mix.
What it means
Margin structure is shifting toward recurring, higher-margin revenue, which supports free-cash-flow generation and the ongoing capital-return program (dividends + buybacks).
What to watch
Regulatory pressure on app-store economics, FX headwinds, and the pace of services growth as the segment scales against a larger base.
Generated from public filings · not investment advice
| Concept | FY2022-10-30 | FY2023-10-29 | FY2024-10-27 | FY2025-10-26 | YoY | % rev |
|---|---|---|---|---|---|---|
| Net Income | $999.99M | $793.57M | $805.04M | $478.2M | -40.6% | — |
| Total Assets | $13.31B | $13.45B | $13.43B | $13.39B | -0.3% | — |
| Equity | $7.54B | $7.73B | $7.99B | $7.9B | -1.2% | — |
| Operating Cash Flow | $1.13B | $1.05B | $1.27B | $845.25M | -33.3% | — |
| Shares Outstanding | — | — | — | 0 | — | — |
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