HRL

Hormel Foods Corp /de/ Consumer Staples Meat Packing Plants S&P 500Russell 3000
$21.28Close $18.90 – $26.2052-week range Dec 3, 2026Next report

Highlights

Cautions

  • Not in an uptrend 2 of 8 trend conditions
  • Lagging the market RS 30 · weaker than 70% of stocks over 12 months
  • Earnings shrinking EPS −68% year on year

Price

Filing Results Screen pick 52-week high and low Adjusted prices

Key figures

FY to Oct 26, 2025 · filed Aug 27, 2026
Off 12-month high 19%
1wk up 1.0% price change
1mo up 8.4% price change
12-month return up 4% market up 11% · its own down 8%
F-score — — Not assessed
Altman Z — Unknown
P/E — price / earnings
PEG — P/E / EPS growth
P/B — price / book
Earnings yield — EBIT / enterprise value
Cheaper than — of the market · not assessed
Revenue growth up 2% year on year
EPS growth down 68% latest quarter · -55 pts
Sales growth down 2% latest quarter · -5 pts
ROE up 6% return on equity
Free cash margin up 4% $534.3M FCF
D/E 0.36 long-term debt / equity
Net debt / EBITDA 2.2×
Interest cover —EBIT / interest
Piotroski tests

Repair signals

  • Revenue reaccelerating (-2% then +2%)

Trade setup

ATR% 2.1% $0.45 a day · 2×ATR $20.39
RS 30 / 99 vs the universe
Trend 2 / 8 trend template
Relative volume 2.0× vs 50-day average
Up/down volume 0.77 50 sessions
Implied move 7.3% by Dec 4, 2026 · report Dec 3, 2026
Trend template · 2 of 8
  • Price above the 50-day average: passes
  • Within 25% of the 52-week high: passes

Screen verdict

Did not qualify for any screen.

Warning signs

1 flagged
  • Gross margin narrowing Gross margin fell from 17.0% to 15.6%. The company is keeping less of each dollar of sales than it did a year ago.
Last reported Aug 27, 2026
Last shock Aug 27, 2026-10% in one session4.3× volumeon results+2% since
Options $195,48228.9% IV · activity

Financials

6 fiscal years · from filings
Revenue What customers paid the company over its fiscal year, before any cost, as filed in its annual report. The change is against the year before. Methodology $12.1B +2% on FY2024
$0 $20B FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $9.6B FY2021 · $11.4B FY2022 · $12.5B FY2023 · $12.1B FY2024 · $11.9B FY2025 · $12.1B
Net income Profit left after every cost, interest and tax for the year. A column below the line is a loss. Methodology $478.2M -41% on FY2024
$0 $1B FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $908.1M FY2021 · $908.8M FY2022 · $1,000.0M FY2023 · $793.6M FY2024 · $805.0M FY2025 · $478.2M
Free cash flow Cash from running the business less what it spent on equipment and buildings: the cash a year actually left behind, which profit alone does not show. Not shown for banks and insurers, whose cash moves with their loans. Methodology $534.3M -47% on FY2024
$0 $2B FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $760.5M FY2021 · $769.5M FY2022 · $856.1M FY2023 · $777.6M FY2024 · $1.0B FY2025 · $534.3M
Margins Each as a share of revenue. Gross: left after the direct cost of what was sold. Net: left after every cost. Free cash: free cash flow over revenue. A margin rising over years means the business keeps more of each dollar it sells. Methodology
  • Gross 16%
  • Net 4%
  • Free cash 4%
0% 20% FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Gross 19% · Net 9% · Free cash 8% FY2021 · Gross 17% · Net 8% · Free cash 7% FY2022 · Gross 17% · Net 8% · Free cash 7% FY2023 · Gross 17% · Net 7% · Free cash 6% FY2024 · Gross 17% · Net 7% · Free cash 8% FY2025 · Gross 16% · Net 4% · Free cash 4%
Cash and long-term debt Cash on the balance sheet at the year's end beside debt due after a year. Net cash is cash less that debt; net debt is the shortfall. Debt some filers do not tag shows as a gap, not as zero. Methodology $2.2B net debt
  • Cash
  • Long-term debt
$0 $5B FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Cash $1.7B · Long-term debt $1.0B FY2021 · Cash $613.5M · Long-term debt $3.3B FY2022 · Cash $982.1M · Long-term debt $3.3B FY2023 · Cash $736.5M · Long-term debt $2.4B FY2024 · Cash $741.9M · Long-term debt $2.9B FY2025 · Cash $670.7M · Long-term debt $2.9B
  FY2020Oct 25, 2020 FY2021Oct 31, 2021 FY2022Oct 30, 2022 FY2023Oct 29, 2023 FY2024Oct 27, 2024 FY2025Oct 26, 2025
Revenue $9.6B $11.4B $12.5B $12.1B $11.9B $12.1B
Gross margin 19% 17% 17% 17% 17% 16%
Operating income $1.1B $1.1B $1.3B $1.1B $1.1B $718.6M
Net income $908.1M $908.8M $1,000.0M $793.6M $805.0M $478.2M
Net margin 9% 8% 8% 7% 7% 4%
Earnings per share $1.66 $1.66 $1.82 $1.45 $1.47 $0.87
Free cash flow $760.5M $769.5M $856.1M $777.6M $1.0B $534.3M
Free cash margin 8% 7% 7% 6% 8% 4%
Cash $1.7B $613.5M $982.1M $736.5M $741.9M $670.7M
Long-term debt $1.0B $3.3B $3.3B $2.4B $2.9B $2.9B
Shareholders' equity $6.4B $7.0B $7.5B $7.7B $8.0B $7.9B

Next report

Dec 3, 2026

Expected move The move, either way, the option market prices in through the next scheduled report: the at-the-money straddle for the first expiry that contains it, over the price. It includes the days around the report, so it slightly overstates the report alone. Methodology ±7.3% $20 – $23 by Dec 4, 2026
Usual move The median, over the company's last four reports, of how far the stock moved either way from the close before the filing to the close of the session after it. Methodology ±6.9% last 4: -9.0% · +10.8% · +1.1% · +4.7%
Expected against usual The move the options price through this report over the move the last four reports delivered. Above 1 the event is priced bigger than the company's own record; below 1, smaller. A price, not a forecast: it says what protection through the report costs, not which way the stock will go. Methodology About usual 1.1× the usual move

What options price now

Expected 1-month range The at-the-money straddle for the expiry nearest a month out, as a share of the price: the move, either way, the option market is pricing by then. The range is the price plus and minus that move; the stock ends inside it a little more often than not. Methodology
$20 – $23 ±5.4% by Nov 27, 2026
Swings expected vs recent The daily swings the options are priced for (implied volatility) against the swings the stock actually had over the last 20 sessions (realised volatility). Bigger means options charge for more movement than the stock has been delivering; smaller, less. On a contract row, that contract's own implied volatility over the stock's realised. Methodology
Bigger 28.9% priced · 25.6% recent
Next month vs later At-the-money implied volatility for 8-45 day expiries over 46-90 day ones: whether options price the coming month as choppier or calmer than the two after it. Ahead of a report it usually reads choppier, and the extra comes out once the report is out. Methodology
About the same
Crash protection What options that pay off in a fall cost against options that pay off in a rise (the 25-delta skew), compared with this company's own normal - the median of its stored nightly readings, once there are 20 - and with five sessions ago. Protection costs a little more than upside on most shares. More than usual means readers of the chain are paying up to insure against a drop; it does not say which way the stock will go. Methodology
past week: costs less
Positioning
Premium traded
$195,482 calls $178,349 · puts $17,133 · latest session
Puts against calls, by premium Money spent on puts divided by money spent on calls. Measured in dollars rather than contracts on purpose: counting contracts treats a hundred cheap lottery tickets as more meaningful than one large position, which is backwards. Methodology
0.10× -0.13 over the week
Open interest added The change over five sessions in option positions left open overnight, calls and puts. A rise means positions were added. It cannot say whether they were bought or sold, so more calls is not a vote for a rise: a call is as often sold against shares already held. Methodology
calls -1.77k · puts -373 past week

For options traders: ATM IV 28.9% (+5.7% 1w) · 1m ÷ 3m IV 1.01 · 25Δ skew 6.1 pts · Net GEX $1.2M

Most traded contracts

No contract passed the liquidity filters this week.

Filings

SEC EDGAR
FiledReportPeriod to Lag
Aug 27, 2026 Quarterly ↗ Jul 26, 2026 32d
May 28, 2026 Quarterly ↗ Apr 26, 2026 32d
Feb 26, 2026 Quarterly ↗ Jan 25, 2026 32d
Dec 5, 2025 Annual ↗ Oct 26, 2025 40d
Aug 28, 2025 Quarterly ↗ Jul 27, 2025 32d
May 29, 2025 Quarterly ↗ Apr 27, 2025 32d
Feb 27, 2025 Quarterly ↗ Jan 26, 2025 32d
Dec 5, 2024 Annual ↗ Oct 27, 2024 39d
Sep 4, 2024 Quarterly ↗ Jul 28, 2024 38d
May 30, 2024 Quarterly ↗ Apr 28, 2024 32d
Feb 29, 2024 Quarterly ↗ Jan 28, 2024 32d
Dec 6, 2023 Annual ↗ Oct 29, 2023 38d

Current reports