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Hormel Foods Corp (NYSE:HRL)
Pretax Income
$1,242 Mil (TTM As of Jul. 2016)

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. 2016 was $274 Mil. Its pretax income for the trailing twelve months (TTM) ended in Jul. 2016 was $1,242 Mil. Hormel Foods Corp's pretax margin was 11.91%.

During the past 13 years, Hormel Foods Corp's highest Pretax Margin was 11.41%. The lowest was 6.77%. And the median was 8.88%.


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. 2015 is calculated as

Pretax Income=Operating Income+Non-Recurring Items+Interest Expense+Interest Income+Other
=1067.32+0+-13.111+2.934+2.27373675443E-13
=1,057

Hormel Foods Corp's Pretax Income for the quarter that ended in Jul. 2016 is calculated as

Pretax Income=Operating Income+Non-Recurring Items+Interest Expense+Interest Income+Other
=274.79+0+-3.147+2.474+0
=274

Hormel Foods Corp Pre-Tax Income for the trailing twelve months (TTM) ended in Jul. 2016 was 289.156 (Oct. 2015 ) + 354.168 (Jan. 2016 ) + 324.197 (Apr. 2016 ) + 274.117 (Jul. 2016 ) = $1,242 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. 2016 is calculated as

Pretax Margin=Pretax Income/Revenue
=274.117/2302.376
=11.91%

During the past 13 years, Hormel Foods Corp's highest Pretax Margin was 11.41%. The lowest was 6.77%. And the median was 8.88%.

* 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

Oct06Oct07Oct08Oct09Oct10Oct11Oct12Oct13Oct14Oct15
Pretax Income 4314704585286257197587999221,057

Hormel Foods Corp Quarterly Data

Apr14Jul14Oct14Jan15Apr15Jul15Oct15Jan16Apr16Jul16
Pretax Income 213213261264276228289354324274
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