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Hormel Foods Corp (NYSE:HRL)
Pretax Income
$901 Mil (TTM As of Jul. 2014)

Pretax income is the income that a company earns before paying income taxes. Hormel Foods Corp's pretax income for the three months ended in Jul. 2014 was $213 Mil. Its pretax income for the trailing twelve months (TTM) ended in Jul. 2014 was $901 Mil. Hormel Foods Corp's pretax margin was 9.32%.

During the past 13 years, Hormel Foods Corp's highest Pretax Margin was 9.21%. The lowest was 4.05%. And the median was 7.50%.


Definition

This is the income that a company earns before paying income taxes.

Hormel Foods Corp's Pretax Income for the fiscal year that ended in Oct. 2013 is calculated as

Pretax Income=Operating Income+Non-Recurring Items+Interest Expense+Interest Income+Other
=785.476+20.513+-12.453+4.971+-1.13686837722E-13
=799

Hormel Foods Corp's Pretax Income for the quarter that ended in Jul. 2014 is calculated as

Pretax Income=Operating Income+Non-Recurring Items+Interest Expense+Interest Income+Other
=214.504+0+-3.125+1.603+0
=213

Hormel Foods Corp Pre-Tax Income for the trailing twelve months (TTM) ended in Jul. 2014 was 239.607 (Oct. 2013 ) + 235.271 (Jan. 2014 ) + 213.157 (Apr. 2014 ) + 212.982 (Jul. 2014 ) = $901 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Explanation

Hormel Foods Corp's Pretax Margin for the quarter that ended in Jul. 2014 is calculated as

Pretax Margin=Pretax Income/Revenue
=212.982/2284.947
=9.32%

During the past 13 years, Hormel Foods Corp's highest Pretax Margin was 9.21%. The lowest was 4.05%. And the median was 7.50%.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Operating Income, Interest Expense, Interest Income, Non-Recurring Items, Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Hormel Foods Corp Annual Data

Oct04Oct05Oct06Oct07Oct08Oct09Oct10Oct11Oct12Oct13
Pretax Income 368407431470458528625719758799

Hormel Foods Corp Quarterly Data

Apr12Jul12Oct12Jan13Apr13Jul13Oct13Jan14Apr14Jul14
Pretax Income 194169201197185177240235213213
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