Hormel Foods Corp
NYSE:HRL

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Hormel Foods Corp
NYSE:HRL
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Price: 31.7 USD 0.28%
Market Cap: 17.4B USD
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Hormel Foods Corp
Tax Provision

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
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Hormel Foods Corp
Tax Provision Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Tax Provision CAGR 3Y CAGR 5Y CAGR 10Y
Hormel Foods Corp
NYSE:HRL
Tax Provision
-$230.8m
CAGR 3-Years
-2%
CAGR 5-Years
0%
CAGR 10-Years
3%
Hershey Co
NYSE:HSY
Tax Provision
-$296.9m
CAGR 3-Years
-2%
CAGR 5-Years
-4%
CAGR 10-Years
4%
General Mills Inc
NYSE:GIS
Tax Provision
-$637.5m
CAGR 3-Years
-2%
CAGR 5-Years
-11%
CAGR 10-Years
1%
Kellogg Co
NYSE:K
Tax Provision
-$177m
CAGR 3-Years
24%
CAGR 5-Years
5%
CAGR 10-Years
14%
Kraft Heinz Co
NASDAQ:KHC
Tax Provision
-$673m
CAGR 3-Years
19%
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Mondelez International Inc
NASDAQ:MDLZ
Tax Provision
-$1.5B
CAGR 3-Years
-5%
CAGR 5-Years
N/A
CAGR 10-Years
-18%
No Stocks Found

Hormel Foods Corp
Glance View

Market Cap
17.4B USD
Industry
Food Products
Economic Moat
None

Nestled in the heart of Austin, Minnesota, Hormel Foods Corp. has carved a distinctive niche in the global food industry since its inception in 1891. Originally founded by George A. Hormel as a fresh meat processing and packing business, it quickly evolved, adapting to shifts in consumer preferences and technological advancements. Today, Hormel stands as a testament to adaptation and longevity, leveraging an extensive portfolio of brands that include household names like Spam, Skippy, and Jennie-O. The company’s business model hinges on processing and selling a wide variety of food products, ranging from pork and turkey to refrigerated and shelf-stable goods, providing convenience for the ever-busy modern consumer. The magic of Hormel lies in its ability to balance tradition with innovation. Through careful management of its supply chain and strategic acquisitions, such as the purchase of Planters in 2021, Hormel has diversified its offerings, ensuring a steady stream of revenue. While retail sales constitute the backbone of its earnings, Hormel also thrives in the foodservice sector, supplying restaurants and institutions with quality ingredients. Their revenue model is further buoyed by a prudent approach to marketing and branding, which keeps their iconic products relevant and in demand. In essence, Hormel crafts its business narrative through a harmonious blend of trusted brands, strategic expansion, and an unwavering commitment to adapting in the ever-evolving food landscape.

HRL Intrinsic Value
34.7 USD
Undervaluation 9%
Intrinsic Value
Price

See Also

What is Hormel Foods Corp's Tax Provision?
Tax Provision
-230.8m USD

Based on the financial report for Oct 27, 2024, Hormel Foods Corp's Tax Provision amounts to -230.8m USD.

What is Hormel Foods Corp's Tax Provision growth rate?
Tax Provision CAGR 10Y
3%

Over the last year, the Tax Provision growth was -5%. The average annual Tax Provision growth rates for Hormel Foods Corp have been -2% over the past three years , and 3% over the past ten years .

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