Hormel Foods's EBIT per Share for the
three
months ended in Jan. 2024 was $0.56.
Its EBIT per Share for the trailing twelve months (TTM) ended in Jan. 2024 was $1.99.
During the past 12 months, the average EBIT per Share Growth Rate of Hormel Foods was -15.40% per year.
During the past 3 years, the average EBIT per Share Growth Rate was -0.40% per year.
During the past 5 years, the average EBIT per Share Growth Rate was -0.30% per year.
During the past 10 years, the average EBIT per Share Growth Rate was 2.10% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EBIT per Share growth rate using EBIT per Share data.
The historical rank and industry rank for Hormel Foods's EBIT per Share or its related term are showing as below:
HRL'
s 3-Year EBIT Growth Rate Range Over the Past 10 Years
Min: -6.9 Med: 8.7 Max: 27.1
Current: -0.4
During the past 13 years, the highest 3-Year average EBIT per Share Growth Rate of Hormel Foods was 27.10% per year. The lowest was -6.90% per year. And the median was 8.70% per year.
HRL's 3-Year EBIT Growth Rate is ranked worse than 61.8% of 1513
companies
in the Consumer Packaged Goods industry
Industry Median: 7.3
vs HRL: -0.40
Hormel Foods's EBIT for the
three
months ended in Jan. 2024 was $304 Mil.
Hormel Foods EBIT per Share Historical Data
The historical data trend for Hormel Foods's EBIT per Share can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
EBIT per Share for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.99
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Hormel Foods (NYSE:HRL) EBIT per Share Explanation
EBIT is a company's earnings before interest and tax expenses are deducted. It measures a company's profit generates from operating, ignoring tax burden and capital structure. As the tax expense are not deducted, EBIT is helpful when comparing companies in the same industry but with different tax situations. Also, the interest expense are included in EBIT, making it useful to compare companies that have high interest expenses due to large amount of debt.
Hormel Foods EBIT per Share Related Terms
Thank you for viewing the detailed overview of Hormel Foods's EBIT per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
Historically meat-focused, Hormel Foods broadened its lineup to include other protein offerings and become a branded food company. The firm sells its wares through multiple channels, including U.S. retail (64% of fiscal 2023 sales), U.S. food service (30%), and international (6%). By product, 53% of fiscal 2022 sales were from perishable food, 27% from shelf-stable, 17% from poultry, and 3% from other products. Major brands include Hormel, Spam, Jennie-O, Columbus, Applegate, Planters, and Skippy. Many of these hold the number one or two market share in their respective categories.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
HRL has been successfully added to your 