Hormel Foods Corporation (HRL)
Profitability ratios
Return on sales
| Oct 27, 2024 | Jul 28, 2024 | Apr 28, 2024 | Jan 28, 2024 | Oct 29, 2023 | Jul 30, 2023 | Apr 30, 2023 | Jan 29, 2023 | Oct 30, 2022 | Jul 31, 2022 | May 1, 2022 | Jan 30, 2022 | Oct 31, 2021 | Jul 25, 2021 | Apr 25, 2021 | Jan 24, 2021 | Oct 25, 2020 | Jul 26, 2020 | Apr 26, 2020 | Jan 26, 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 17.02% | 16.90% | 16.92% | 16.69% | 16.61% | 16.92% | 16.89% | 17.22% | 17.47% | 17.32% | 16.89% | 16.92% | 17.00% | 17.51% | 18.35% | 18.70% | 19.03% | 19.24% | 19.53% | 19.61% |
| Operating profit margin | 8.99% | 8.75% | 8.55% | 8.85% | 8.90% | 9.64% | 10.19% | 10.41% | 10.59% | 10.37% | 9.84% | 9.85% | 9.90% | 10.09% | 11.01% | 11.25% | 11.47% | 11.83% | 12.01% | 12.31% |
| Pretax margin | 8.72% | 8.40% | 8.22% | 8.44% | 8.42% | 9.28% | 9.90% | 10.15% | 10.31% | 10.13% | 9.57% | 9.72% | 9.93% | 10.19% | 11.25% | 11.39% | 11.61% | 11.98% | 12.11% | 12.54% |
| Net profit margin | 6.78% | 6.55% | 6.41% | 6.59% | 6.59% | 7.24% | 7.66% | 7.94% | 8.07% | 7.97% | 7.74% | 7.77% | 8.01% | 8.35% | 9.02% | 9.18% | 9.46% | 9.60% | 9.65% | 10.31% |
Hormel Foods Corporation's profitability ratios have shown some fluctuation over the past few quarters. The gross profit margin has remained relatively stable, ranging from 16.61% to 19.61%, indicating the company's ability to manage production costs and generate profit from sales.
The operating profit margin has also varied, with a downward trend from 10.41% to 8.75%, before experiencing some improvement in the most recent quarter at 8.99%. This indicates fluctuations in the company's operating efficiency and cost management.
The pretax margin has shown a similar pattern, fluctuating between 8.22% and 12.54%. This variability could be influenced by factors such as changes in operating expenses, interest expenses, and other non-operating items impacting the company's profitability.
The net profit margin, representing the bottom-line profitability after all expenses have been deducted, has ranged from 6.41% to 10.31%. Despite some fluctuations, the net profit margin has generally been above 6%, indicating that Hormel Foods Corporation has been able to generate a reasonable level of profitability relative to its revenue.
Overall, while there have been some fluctuations in profitability ratios, Hormel Foods Corporation has generally maintained healthy levels of profitability over the quarters analyzed.
Return on investment
| Oct 27, 2024 | Jul 28, 2024 | Apr 28, 2024 | Jan 28, 2024 | Oct 29, 2023 | Jul 30, 2023 | Apr 30, 2023 | Jan 29, 2023 | Oct 30, 2022 | Jul 31, 2022 | May 1, 2022 | Jan 30, 2022 | Oct 31, 2021 | Jul 25, 2021 | Apr 25, 2021 | Jan 24, 2021 | Oct 25, 2020 | Jul 26, 2020 | Apr 26, 2020 | Jan 26, 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 7.95% | 7.96% | 7.24% | 7.90% | 7.97% | 8.71% | 9.34% | 9.65% | 9.86% | 9.92% | 9.29% | 9.15% | 8.84% | 8.45% | 10.96% | 10.92% | 11.10% | 11.92% | 13.72% | 14.12% |
| Return on assets (ROA) | 5.99% | 5.95% | 5.42% | 5.88% | 5.90% | 6.54% | 7.01% | 7.36% | 7.51% | 7.62% | 7.31% | 7.22% | 7.16% | 6.99% | 8.98% | 8.91% | 9.16% | 9.68% | 11.02% | 11.82% |
| Return on total capital | 10.15% | 9.99% | 9.88% | 10.70% | 10.77% | 11.89% | 11.63% | 12.07% | 12.38% | 12.51% | 11.69% | 11.60% | 11.36% | 10.77% | 14.69% | 14.84% | 15.20% | 16.07% | 18.89% | 18.87% |
| Return on equity (ROE) | 10.07% | 9.92% | 9.72% | 10.13% | 10.26% | 11.38% | 12.15% | 12.85% | 13.27% | 13.61% | 13.08% | 13.04% | 13.03% | 12.69% | 13.25% | 13.55% | 14.13% | 14.83% | 15.02% | 16.09% |
Hormel Foods Corporation's profitability ratios have shown relatively stable performance over the past several quarters.
- Operating return on assets (Operating ROA) has ranged between 7.24% and 9.92%, with a slight downward trend in recent quarters. This ratio indicates the company's ability to generate profits from its operating assets, and the current level suggests efficient asset utilization.
- Return on assets (ROA) has consistently been in the range of 5.42% to 9.68%, with a gradual increase in the most recent quarters. ROA reflects the overall profitability of the company's assets and indicates a positive trend in generating profits relative to total assets.
- Return on total capital has fluctuated between 9.88% and 18.89%, showcasing some variability in the company's ability to generate returns for both debt and equity holders. Despite fluctuations, the ratio remains at healthy levels, indicating effective capital allocation.
- Return on equity (ROE) has ranged from 9.72% to 16.09%, with a relatively consistent performance. ROE signifies the return generated for equity shareholders and shows a stable trend in profitability relative to shareholders' investments.
Overall, Hormel Foods Corporation's profitability ratios reflect a solid performance with consistent profitability levels across various measures over the quarters analyzed.