Hormel Foods Corporation (HRL)

Exchange
NYSE
Symbol
HRL
Sector
Manufacturing
Industry
Meat Packing Plants
Description
Hormel Foods Corporation is an American company founded in 1891 in Austin, Minnesota, by George A. Hormel as George A. Hormel & Company. Originally focusing on the packaging and selling of ham, Spam, sausage and other pork, chicken, beef and lamb products to consumers; by the 1980s, Hormel began offering a wider range of packaged and refrigerated foods.
Country
USA

Stock price

At close: October 3, 2024

  • Open
    31.40
  • High
    31.40
  • Low
    30.88
  • Close
    31.11
  • Volume
    2,163,620

Financial ratios

Jan 28, 2024

Activity ratios
Inventory turnover
7.06
Receivables turnover
16.06
Payables turnover
—
Working capital turnover
10.90
Days of inventory on hand (DOH)
51.72
Days of sales outstanding (DSO)
22.73
Number of days of payables
—
Fixed asset turnover
5.60
Total asset turnover
0.89
 Liquidity ratios
Current ratio
1.49
Quick ratio
0.77
Cash ratio
0.43
Cash conversion cycle
74.44
 Solvency ratios
Debt-to-assets ratio
0.17
Debt-to-capital ratio
0.23
Debt-to-equity ratio
0.30
Financial leverage ratio
1.72
Interest coverage
14.88
 Profitability ratios
Gross profit margin
16.69%
Operating profit margin
8.85%
Pretax margin
8.44%
Net profit margin
6.59%
Operating return on assets (Operating ROA)
7.90%
Return on assets (ROA)
5.88%
Return on total capital
10.70%
Return on equity (ROE)
10.13%