Hormel Foods (HRL) revenue breakdown
By segment, Retail is the largest at 62% of fiscal 2025 revenue; Foodservice grew fastest, 6% a year over 4 years.
By product, Perishable is the largest at 73% of fiscal 2025 revenue, growing 8% a year over 8 years.
Revenue by segment
Fiscal years, as Hormel Foods reports them in its 10-K filings; fiscal 2025 total $12.1B.
| Segments | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Retail | — | — | — | — | — | $7.4B | $8.0B | $7.7B | $7.4B | $7.5B | 62% |
| Foodservice | — | — | — | — | — | $3.1B | $3.7B | $3.6B | $3.8B | $3.9B | 33% |
| International | $511M | $545M | $624M | $593M | $619M | $838M | $780M | $721M | $702M | $709M | 6% |
| Refrigerated Foods | $4.6B | $4.8B | $5.1B | $5.2B | $5.3B | — | — | — | — | — | — |
| Grocery Products | $2.6B | $2.5B | $2.5B | $2.4B | $2.4B | — | — | — | — | — | — |
| Jennie-O Turkey Store | $1.7B | $1.4B | $1.3B | $1.3B | $1.3B | — | — | — | — | — | — |
Revenue by product
Fiscal years, as Hormel Foods reports them in its 10-K filings; fiscal 2025 total $12.1B.
| Products | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|---|---|---|---|---|
| Perishable | $4.9B | $5.3B | $5.4B | $5.3B | $8.4B | $8.7B | $8.5B | $8.5B | $8.8B | 73% |
| Shelf-stable | $1.9B | $1.8B | $1.8B | $2.1B | $2.9B | $3.7B | $3.6B | $3.4B | $3.3B | 27% |
| Poultry | $1.8B | $1.8B | $1.8B | $1.9B | — | — | — | — | — | — |
| Miscellaneous | $642M | $601M | $448M | $301M | — | — | — | — | — | — |
Revenue by region
Fiscal years, as Hormel Foods reports them in its 10-K filings; fiscal 2025 total $12.1B.
| Regions | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|---|---|---|---|---|---|
| U.S. | $9.0B | $8.6B | $9.0B | $8.9B | $9.0B | $10.7B | $11.8B | $11.5B | $11.3B | $11.4B | 94% |
| Foreign | $510M | $536M | $588M | $562M | $602M | $733M | $682M | $595M | $637M | $669M | 6% |
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Where does Hormel Foods make its money?
In fiscal 2025, by segment: Retail $7.5B, Foodservice $3.9B, International $709M.
From Hormel Foods's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.