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Hormel Foods (STU:HO7) Pre-Tax Income : €937 Mil (TTM As of Jan. 2024)


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What is Hormel Foods Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Hormel Foods's pretax income for the three months ended in Jan. 2024 was €262 Mil. Its pretax income for the trailing twelve months (TTM) ended in Jan. 2024 was €937 Mil. Hormel Foods's pretax margin was 9.53%.

During the past 13 years, Hormel Foods's highest Pretax Margin was 13.95%. The lowest was 8.37%. And the median was 11.51%.


Hormel Foods Pre-Tax Income Historical Data

The historical data trend for Hormel Foods's Pre-Tax 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.

* Premium members only.

Hormel Foods Pre-Tax Income Chart

Hormel Foods Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,093.58 947.54 970.76 1,297.28 959.76

Hormel Foods Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Pre-Tax 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 260.96 254.30 187.69 232.78 262.13

Competitive Comparison of Hormel Foods's Pre-Tax Income

For the Packaged Foods subindustry, Hormel Foods's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Hormel Foods's Pre-Tax Income Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Hormel Foods's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Hormel Foods's Pre-Tax Income falls into.



Hormel Foods Pre-Tax Income Calculation

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

Hormel Foods's Pretax Income for the fiscal year that ended in Oct. 2023 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=1001.617+13.609+-69.512+14.042+0.0019999999999527
=960

Hormel Foods's Pretax Income for the quarter that ended in Jan. 2024 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=246.343+14.772+-16.823+17.84+5.6843418860808E-14
=262

Pre-Tax Income 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 €937 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.


Hormel Foods  (STU:HO7) Pre-Tax Income Explanation

Hormel Foods's Pretax Margin for the quarter that ended in Jan. 2024 is calculated as

Pretax Margin=Pretax Income/Revenue
=262.132/2751.164
=9.53%

During the past 13 years, Hormel Foods's highest Pretax Margin was 13.95%. The lowest was 8.37%. And the median was 11.51%.

* 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 Pre-Tax Income Related Terms

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Hormel Foods (STU:HO7) 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 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.

Hormel Foods (STU:HO7) Headlines

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