Last quarter (Q1 2024), Hormel Foods's total revenue was $3.00B, an increase of 0.87% from the same quarter last year. In Q1, Hormel Foods's net income was $218.86M. See Hormel Foods’s key income statements, including revenue, expenses, profit, and income.

Income Statement	TTM	Oct 23	Oct 22	Oct 21	Oct 20	Oct 19
Total Revenue	$ 12.14B	$ 12.11B	$ 12.46B	$ 11.39B	$ 9.61B	$ 9.50B
Cost of Revenue	$ 10.12B	$ 10.11B	$ 10.29B	$ 9.46B	$ 7.78B	$ 7.61B
Gross Profit	$ 2.01B	$ 2.00B	$ 2.16B	$ 1.93B	$ 1.83B	$ 1.88B
Operating Expense	$ 960.50M	$ 942.17M	$ 879.26M	$ 853.07M	$ 761.32M	$ 727.58M
Operating Income	$ -1.94B	$ 1.07B	$ -11.17B	$ -10.31B	$ 1.06B	$ 1.16B
Net Non Operating Interest Income Expense	$ -62.78M	$ -73.40M	$ -34.50M	$ 3.57M	$ 14.53M	$ 13.45M
Other Income Expense	$ -3.03B	$ -57.58M	$ -12.49B	$ -11.43B	$ 35.57M	$ 39.20M
Pretax Income	$ 1.02B	$ 1.01B	$ 1.28B	$ 1.13B	$ 1.11B	$ 1.21B
Tax Provision	$ 223.82M	$ 220.55M	$ 277.88M	$ 217.03M	$ 206.39M	$ 230.57M
Earnings From Equity Interest Net Of Tax	$ 43.29M	$ 42.75M	$ 27.18M	$ 47.76M	-	-
Net Income Common Stockholders	$ 794.72M	$ 793.57M	$ 999.99M	$ 908.84M	$ 908.08M	$ 978.81M
Basic EPS	$ 1.46	$ 1.45	$ 1.84	$ 1.68	$ 1.69	$ 1.83
Diluted EPS	$ 1.46	$ 1.45	$ 1.82	$ 1.66	$ 1.66	$ 1.80
Basic Average Shares	$ 2.19B	$ 546.42M	$ 544.92M	$ 541.11M	$ 538.01M	$ 534.58M
Diluted Average Shares	$ 2.19B	$ 548.98M	$ 549.57M	$ 547.58M	$ 546.59M	$ 545.23M
Dividend Per Share	$ 1.10	$ 1.10	$ 1.04	$ 0.98	$ 0.93	$ 0.84
Total Operating Income As Reported	-	-	-	-	-	-
Reported Normalized Basic E P S	-	-	-	-	-	-
Reported Normalized Diluted E P S	-	-	-	-	$ 1.66	-
Rent Expense Supplemental	-	-	-	-	-	-
Total Expenses	$ 11.08B	$ 11.05B	$ 11.17B	$ 10.31B	$ 8.54B	$ 8.34B
Net Income From Continuing And Discontinued Operation	$ 794.72M	$ 793.57M	$ 1.00B	$ 909.14M	$ 908.08M	$ 978.81M
Normalized Income	$ 669.29M	$ 829.03M	-	-	$ 908.08M	$ 978.81M
Interest Expense	-	-	-	-	$ 21.07M	$ 18.07M
EBIT	$ 1.03B	$ 1.03B	$ 1.34B	$ 1.14B	$ 1.14B	$ 1.23B
EBITDA	$ 912.64M	$ 1.28B	$ 1.60B	$ 1.37B	$ 1.34B	$ 1.39B

Currency in USD

Hormel Foods Earnings and Revenue History

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