Hormel Foods Corporation (HRL)

Fixed asset turnover

Oct 31, 2025 Oct 31, 2024 Oct 27, 2024 Oct 31, 2023 Oct 29, 2023
Revenue US$ in thousands 12,106,200 11,920,800 11,920,800 12,110,000 12,036,600
Property, plant and equipment US$ in thousands 2,238,770 2,342,430 2,164,240 2,297,740 2,127,820
Fixed asset turnover 5.41 5.09 5.51 5.27 5.66

October 31, 2025 calculation

Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $12,106,200K ÷ $2,238,770K
= 5.41