Edwyn
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $11,386 | $12,459 | $12,110 | $11,921 | $12,106 |
| Gross Profit | $1,928 | $2,165 | $2,000 | $2,022 | $1,892 |
| Operating Income | $1,123 | $1,313 | $1,072 | $1,068 | $719 |
| Net Income | $909 | $1,000 | $794 | $805 | $478 |
Over the period from 2021 to 2025, Hormel Foods Corporation’s revenue remained relatively stable, starting at approximately USD 11.4 billion in 2021, peaking at around USD 12.46 billion in 2022, and then fluctuating slightly through 2025 (USD 12.11 billion). Gross profit followed a similar trend, up from about USD 1.93 billion in 2021, reaching roughly USD 2.16 billion in 2022, before tapering slightly in the subsequent years, ending at around USD 1.89 billion in 2025. These relatively moderate revenue and gross profit variations suggest that the company maintained its sales volume and cost of goods sold pattern fairly consistently even as market conditions evolved. A closer look at operating income and net income reveals more pronounced swings. Operating income rose from USD 1.12 billion in 2021 to USD 1.31 billion in 2022, but then experienced a marked decline—dropping to USD 1.07 billion in 2023 and further plunging to USD 718.6 million in 2025, indicating a significant compression of margins. Net income exhibited a similar pattern: a peak of approximately USD 1 billion in 2022 followed by a drop to around USD 793.6 million in 2023, a minor rebound in 2024, and then a steep decline to roughly USD 478.2 million in 2025 (a decline exceeding 20% in key periods). This trend may point to rising operating expenses or other pressures on profitability amid stable revenue. Overall, while Hormel Foods has demonstrated revenue resilience over the five years, the declining profitability metrics warrant close monitoring to ensure long-term financial health and sustainable operations in a competitive food industry.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.