Hormel Foods (HRL) Revenue & Revenue Breakdown

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Hormel Foods Revenue Highlights

Latest Revenue (Y)

$11.92B

Latest Revenue (Q)

$2.90B

Main Segment (Y)

Retail Segment

Main Geography (Y)

UNITED STATES

Hormel Foods Revenue by Period

Hormel Foods Revenue by Year

Date	Revenue	Change
2024-10-27	$11.92B	-1.56%
2023-10-29	$12.11B	-2.80%
2022-10-30	$12.46B	9.42%
2021-10-31	$11.39B	18.50%
2020-10-25	$9.61B	1.17%
2019-10-27	$9.50B	-0.51%
2018-10-28	$9.55B	4.13%
2017-10-29	$9.17B	-3.74%
2016-10-30	$9.52B	2.80%
2015-10-25	$9.26B	-0.56%
2014-10-26	$9.32B	6.45%
2013-10-27	$8.75B	6.33%
2012-10-28	$8.23B	4.25%
2011-10-30	$7.90B	9.34%
2010-10-31	$7.22B	10.52%
2009-10-25	$6.53B	-3.28%
2008-10-26	$6.75B	9.07%
2007-10-28	$6.19B	7.79%
2006-10-29	$5.75B	6.12%
2005-10-30	$5.41B	13.27%
2004-10-30	$4.78B	13.80%
2003-10-25	$4.20B	7.42%
2002-10-26	$3.91B	-5.18%
2001-10-27	$4.12B	12.22%
2000-10-28	$3.68B	9.45%
1999-10-30	$3.36B	2.97%
1998-10-31	$3.26B	0.14%
1997-10-26	$3.26B	5.10%
1996-10-26	$3.10B	1.72%
1995-10-31	$3.05B	-0.61%
1994-10-31	$3.06B	7.39%
1993-10-31	$2.85B	-

Hormel Foods generated $11.92B in revenue during NA 2024, up -1.56% compared to the previous quarter, and up 125.52% compared to the same period a year ago.

Hormel Foods Revenue by Quarter

Date	Revenue	Change
2024-07-28	$2.90B	0.38%
2024-04-28	$2.89B	-3.66%
2024-01-28	$3.00B	-6.29%
2023-10-29	$3.20B	7.92%
2023-07-30	$2.96B	-0.48%
2023-04-30	$2.98B	0.22%
2023-01-29	$2.97B	-9.52%
2022-10-30	$3.28B	8.21%
2022-07-31	$3.03B	-2.01%
2022-05-01	$3.10B	1.71%
2022-01-30	$3.04B	-11.88%
2021-10-31	$3.45B	20.64%
2021-07-25	$2.86B	9.86%
2021-04-25	$2.61B	5.91%
2021-01-24	$2.46B	1.70%
2020-10-25	$2.42B	1.62%
2020-07-26	$2.38B	-1.69%
2020-04-26	$2.42B	1.59%
2020-01-26	$2.38B	-4.68%
2019-10-27	$2.50B	9.20%
2019-07-28	$2.29B	-2.30%
2019-04-28	$2.34B	-0.66%
2019-01-27	$2.36B	-6.51%
2018-10-28	$2.52B	7.02%
2018-07-29	$2.36B	1.23%
2018-04-29	$2.33B	-0.03%
2018-01-28	$2.33B	-6.47%
2017-10-29	$2.49B	12.92%
2017-07-30	$2.21B	0.92%
2017-04-30	$2.19B	-4.07%
2017-01-29	$2.28B	-13.23%
2016-10-30	$2.63B	14.14%
2016-07-24	$2.30B	0.09%
2016-04-24	$2.30B	0.33%
2016-01-24	$2.29B	-4.51%
2015-10-25	$2.40B	9.70%
2015-07-26	$2.19B	-3.98%
2015-04-26	$2.28B	-4.83%
2015-01-25	$2.40B	-5.85%
2014-10-26	$2.54B	11.33%
2014-07-27	$2.28B	1.79%
2014-04-27	$2.24B	0.10%
2014-01-26	$2.24B	-3.47%
2013-10-27	$2.32B	7.58%
2013-07-28	$2.16B	0.32%
2013-04-28	$2.15B	1.72%
2013-01-27	$2.12B	-2.49%
2012-10-28	$2.17B	8.07%
2012-07-29	$2.01B	-0.23%
2012-04-29	$2.01B	-1.30%
2012-01-29	$2.04B	-3.06%
2011-10-30	$2.10B	10.12%
2011-07-31	$1.91B	-2.47%
2011-05-01	$1.96B	1.95%
2011-01-30	$1.92B	-6.86%
2010-10-31	$2.06B	19.22%
2010-07-25	$1.73B	1.80%
2010-04-25	$1.70B	-1.60%
2010-01-24	$1.73B	3.12%
2009-10-25	$1.68B	6.39%
2009-07-26	$1.57B	-1.29%
2009-04-26	$1.60B	-5.57%
2009-01-25	$1.69B	-9.26%
2008-10-26	$1.86B	10.93%
2008-07-27	$1.68B	5.27%
2008-04-27	$1.59B	-1.67%
2008-01-27	$1.62B	-

Hormel Foods generated $2.90B in revenue during Q3 2024, up 0.38% compared to the previous quarter, and up 97.34% compared to the same period a year ago.

Hormel Foods Revenue Breakdown

Hormel Foods Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Oct 24	Oct 23	Oct 22	Oct 21	Oct 20
International Segment	$701.53M	-	-	-	-
Retail Segment	$7.37B	-	-	-	-
Foodservice Segment	$3.85B	-	-	-	-
Perishable Meat	-	$8.51B	$6.55B	$6.27B	$5.33B
Shelf Stable	-	$3.60B	$3.40B	$2.66B	$2.09B
Poultry	-	-	$2.12B	$2.10B	$1.89B
Other Products	-	-	$380.40M	$353.48M	$300.81M

Hormel Foods's latest annual revenue breakdown by segment (product or service), as of Oct 24: Retail Segment (61.86%), Foodservice Segment (32.26%), and International Segment (5.88%).

Quarterly Revenue by Product

Product/Service	Jul 24	Apr 24	Jan 24	Oct 23	Jul 23	Apr 23	Jan 23	Oct 22	Jul 22	May 22	Jan 22	Oct 21	Jul 21	Apr 21	Jan 21	Oct 20	Jul 20	Apr 20	Jan 20	Oct 19
Shelf Stable	$783.36M	$857.93M	$890.34M	$908.77M	$894.51M	$904.40M	$890.53M	$1.49B	$649.85M	$629.41M	$635.24M	$899.31M	$670.45M	$567.50M	$523.94M	$510.76M	$511.73M	$619.35M	$450.70M	$529.88M
Perishable Meat	$2.12B	$2.03B	$2.11B	$2.29B	$2.07B	$2.07B	$2.08B	$1.18B	$1.81B	$1.78B	$1.77B	$1.83B	$1.61B	$1.45B	$1.38B	$1.31B	$1.37B	$1.25B	$1.40B	$1.36B
Poultry	-	-	-	-	-	-	-	$549.48M	$470.21M	$565.53M	$536.60M	$631.40M	$500.12M	$494.19M	$474.65M	$517.98M	$426.35M	$482.96M	$459.08M	$552.62M
Other Products	-	-	-	-	-	-	-	$61.79M	$100.84M	$118.45M	$99.31M	$93.22M	$82.73M	$91.79M	$85.74M	$78.89M	$77.64M	$69.82M	$74.45M	$62.98M

Hormel Foods's latest quarterly revenue breakdown by segment (product or service), as of Jul 24: Perishable Meat (72.97%), and Shelf Stable (27.03%).

Hormel Foods Revenue Breakdown by Country

Annual Revenue by Country

Country	Oct 24	Oct 23	Oct 22	Oct 21	Oct 20
Non-US	$636.82M	$594.91M	$681.92M	$733.10M	$602.45M
UNITED STATES	$11.28B	$11.52B	$11.78B	$10.65B	$9.01B

Hormel Foods's latest annual revenue breakdown by geography, as of Oct 24: UNITED STATES (94.66%), and Non-US (5.34%).

Quarterly Revenue by Country

Country	Jan 23
Perishable Meat	$2.08B
Shelf Stable	$890.53M

Hormel Foods's latest quarterly revenue breakdown by geography, as of Jan 23: Perishable Meat (70.03%), and Shelf Stable (29.97%).

Hormel Foods Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
KHC	Kraft Heinz	$26.64B	$6.38B
GIS	General Mills	$19.86B	$4.85B
K	Kellogg	$13.12B	$3.23B
CAG	Conagra Brands	$12.05B	$2.79B
HRL	Hormel Foods	$11.92B	$2.90B
CPB	Campbell Soup	$9.64B	$2.77B
SJM	J. M. Smucker	$8.18B	$2.27B
LW	Lamb Weston	$6.47B	$1.65B

HRL Revenue FAQ

What is Hormel Foods’s yearly revenue?

Hormel Foods's yearly revenue for 2024 was $11.92B, representing a decrease of -1.56% compared to 2023. The company's yearly revenue for 2023 was $12.11B, representing a decrease of -2.80% compared to 2022. HRL's yearly revenue for 2022 was $12.46B, representing an increase of 9.42% compared to 2021.

What is Hormel Foods’s quarterly revenue?

Hormel Foods's quarterly revenue for Q3 2024 was $2.9B, a 0.38% increase from the previous quarter (Q2 2024), and a -2.19% decrease year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $2.89B, a -3.66% decrease from the previous quarter (Q1 2024), and a -3.03% decrease year-over-year (Q2 2023). HRL's quarterly revenue for Q1 2024 was $3B, a -6.29% decrease from the previous quarter (Q4 2023), and a 0.87% increase year-over-year (Q1 2023).

What is Hormel Foods’s revenue growth rate?

Hormel Foods's revenue growth rate for the last 3 years (2022-2024) was -4.32%, and for the last 5 years (2020-2024) was 24.07%.

What are Hormel Foods’s revenue streams?

Hormel Foods's revenue streams in t 24 are International Segment, Retail Segment, and Foodservice Segment. International Segment generated $701.53M in revenue, accounting 5.88% of the company's total revenue Retail Segment generated $7.37B in revenue, accounting 61.86% of the company's total revenue Foodservice Segment generated $3.85B in revenue, accounting 32.26% of the company's total revenue

What is Hormel Foods’s main source of revenue?

For the fiscal year ending Oct 24, the largest source of revenue of Hormel Foods was Retail Segment. This segment made a revenue of $7.37B, representing 61.86% of the company's total revenue.