HRL (Hormel Foods) Net Income: $467 Mil (TTM As of Apr. 2026)

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HRL Hormel Foods Corp HRL
72 GF Score
Price $25.08
GF Value $31.24
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Hormel Foods Net Income?

Hormel Foods HRL -2.79% 72 Net Income is $467 Mil as of Apr. 2026. GuruFocus rates HRL with a GF Score™ of 72/100 and a GF Value™ of $31.24 (Modestly Undervalued). The stock has 6 warning signs investors should review.

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Hormel Foods's Net Income for the three months ended in Apr. 2026 was $157 Mil. Its Net Income for the trailing twelve months (TTM) ended in Apr. 2026 was $467 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Hormel Foods's Earnings per Share (Diluted) for the three months ended in Apr. 2026 was $0.29.


Hormel Foods  (NYSE:HRL) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Hormel Foods's Earnings per Share (Diluted) (EPS) for the quarter that ended in Apr. 2026 is calculated as

* 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.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Hormel Foods Net Income Related Terms


Hormel Foods Net Income Historical Data

* Premium members only.

The historical data trend for Hormel Foods's Net Income 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.

Hormel Foods Net Income Chart

Hormel Foods Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 908.84 999.99 793.57 805.04 478.20

Hormel Foods Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 180.02 183.74 -56.14 181.80 157.47
HRL
72GF Score
Hormel Foods Corp HRL
Net Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Hormel Foods Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Hormel Foods's Net Income for the fiscal year that ended in Oct. 2025 is calculated as

Net Income(A: Oct. 2025 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=663.449+-185.684+0+0.43200000000002
=478

Hormel Foods's Net Income for the quarter that ended in Apr. 2026 is calculated as

Net Income(Q: Apr. 2026 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=206.063+-48.685+0+0.096000000000004
=157

Net Income for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $467 Mil.

* 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.

Frequently Asked Questions Learn more about Net Income →
What does a Net Income of $467 Mil mean?
Hormel Foods (HRL) has a Net Income of $467 Mil as of Apr. 2026. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Hormel Foods and its competitors.
Is Hormel Foods' Net Income too high?
Hormel Foods' current Net Income is $467 Mil. Overall, Hormel Foods has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hormel Foods' Net Income compare to MKC and JBS?
Hormel Foods' Net Income of $467 Mil can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Income for a Consumer Packaged Goods company?
A good Net Income depends on the Consumer Packaged Goods industry context. However, Net Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Income mean?
A high Net Income can signal that a stock is expensive relative to its fundamentals. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Hormel Foods and its competitors. Hormel Foods's current Net Income is $467 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hormel Foods stock overvalued right now?
Based on GuruFocus' analysis, Hormel Foods (HRL) is currently considered Modestly Undervalued. The stock's GF Value™ is $31.24, compared to a current price of $25.08 — trading 19.7% below its estimated fair value. The current Net Income is $467 Mil. Hormel Foods' overall GF Score™ is 72/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Income calculated?
Net Income is calculated from a company's financial statements. For Hormel Foods (HRL), the current Net Income is $467 Mil as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Hormel Foods (HRL) Overvalued in 2026?

Based on GuruFocus' analysis, Hormel Foods stock appears to be undervalued. The current stock price of $25.08 is trading 19.7% below its estimated GF Value™ of $31.24. GuruFocus considers Hormel Foods to be Modestly Undervalued.

Key valuation signals for HRL:

  • Net Income: $467 Mil
  • GF Value™: $31.24 vs. price of $25.08 (19.7% below fair value)
  • GF Score™: 72/100 with 6 warning signs

No single metric tells the full story. See the HRL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hormel Foods Business Description

Address 1 Hormel Place, Austin, MN, USA, 55912-3680
Historically meat-focused, Hormel Foods broadened its lineup to include other protein offerings and became a branded food company. The firm sells its wares through multiple channels, including US retail (61.6% of fiscal 2025 sales), US foodservice (32.6%), and international (5.9%). By product, 73% of fiscal 2025 sales were from perishable food and 27% from shelf-stable. 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.
72GF Score

Get the complete analysis for HRL

Net Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$25.08
Price
$31.24
GF Value