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Hormel Foods Valuation Multiples
Discover revenue and EBITDA valuation multiples for Hormel Foods and similar public comparables like Almarai, Tata Consumer Products, Smithfield Foods, Mowi and more.
Hormel Foods Overview
About Hormel Foods
Historically meat-focused, Hormel Foods broadened its lineup to include other protein offerings and became a branded food company. The firm sells its wares through multiple channels, including US retail (61.6% of fiscal 2025 sales), US foodservice (32.6%), and international (5.9%). By product, 73% of fiscal 2025 sales were from perishable food and 27% from shelf-stable. Major brands include Hormel, Spam, Jennie-O, Columbus, Applegate, Planters, and Skippy. Many of these hold the number one or two market share in their respective categories.
Founded
1928
HQ

Employees
20.0K
Website
Sectors
Financials (LTM)
EV
$14B
Hormel Foods Financials
Hormel Foods reported last 12-month revenue of $12B and EBITDA of $1B.
In the same LTM period, Hormel Foods generated $2B in gross profit, $1B in EBITDA, and $780M in net income.
Revenue (LTM)
Hormel Foods P&L
In the most recent fiscal year, Hormel Foods reported revenue of $12B and EBITDA of $1B.
Hormel Foods expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $12B | XXX | $12B | XXX | XXX | XXX |
| Gross Profit | $2B | XXX | $2B | XXX | XXX | XXX |
| Gross Margin | 16% | XXX | 16% | XXX | XXX | XXX |
| EBITDA | $1B | XXX | $1B | XXX | XXX | XXX |
| EBITDA Margin | 11% | XXX | 11% | XXX | XXX | XXX |
| EBIT Margin | 9% | XXX | 8% | XXX | XXX | XXX |
| Net Profit | $780M | XXX | $755M | XXX | XXX | XXX |
| Net Margin | 6% | XXX | 6% | XXX | XXX | XXX |
| Net Debt | — | — | $2B | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Hormel Foods Stock Performance
Hormel Foods has current market cap of $12B, and enterprise value of $14B.
Market Cap Evolution
Hormel Foods' stock price is $21.19.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $14B | $12B | 0.0% | XXX | XXX | XXX | $1.37 |
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Start Free TrialHormel Foods Valuation Multiples
Hormel Foods trades at 1.1x EV/Revenue multiple, and 10.3x EV/EBITDA.
EV / Revenue (LTM)
Hormel Foods Financial Valuation Multiples
As of April 20, 2026, Hormel Foods has market cap of $12B and EV of $14B.
Equity research analysts estimate Hormel Foods' 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Hormel Foods has a P/E ratio of 14.9x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $12B | XXX | $12B | XXX | XXX | XXX |
| EV (current) | $14B | XXX | $14B | XXX | XXX | XXX |
| EV/Revenue | 1.1x | XXX | 1.1x | XXX | XXX | XXX |
| EV/EBITDA | 10.3x | XXX | 10.6x | XXX | XXX | XXX |
| EV/EBIT | 13.0x | XXX | 13.4x | XXX | XXX | XXX |
| EV/Gross Profit | 6.8x | XXX | 7.2x | XXX | XXX | XXX |
| P/E | 14.9x | XXX | 15.5x | XXX | XXX | XXX |
| EV/FCF | 18.9x | XXX | 24.6x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Hormel Foods Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.


Hormel Foods Margins & Growth Rates
Hormel Foods' revenue in the last 12 month grew by 2%.
Hormel Foods' revenue per employee in the last FY averaged $0.6M, while opex per employee averaged $0.1M for the same period.
Hormel Foods' rule of 40 is 13% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Hormel Foods' rule of X is 15% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
Hormel Foods Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 2% | XXX | 2% | XXX | XXX | XXX |
| EBITDA Margin | 11% | XXX | 11% | XXX | XXX | XXX |
| EBITDA Growth | 5% | XXX | 6% | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 13% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 15% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.6M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.1M | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 8% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Hormel Foods Public Comps
See public comps and valuation multiples for other Food & Beverages comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Hormel Foods | XXX | XXX | XXX | XXX | XXX | XXX |
| Almarai | XXX | XXX | XXX | XXX | XXX | XXX |
| Tata Consumer Products | XXX | XXX | XXX | XXX | XXX | XXX |
| Smithfield Foods | XXX | XXX | XXX | XXX | XXX | XXX |
| Mowi | XXX | XXX | XXX | XXX | XXX | XXX |
| Busy Ming Group | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Hormel Foods M&A Activity
Hormel Foods acquired XXX companies to date.
Last acquisition by Hormel Foods was on XXXXXXXX, XXXXX. Hormel Foods acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Hormel Foods
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
Get Verified M&A Valuation Multiples
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Start Free TrialHormel Foods Investment Activity
Hormel Foods invested in XXX companies to date.
Hormel Foods made its latest investment on XXXXXXXX, XXXXX. Hormel Foods invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Hormel Foods
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout Hormel Foods
| When was Hormel Foods founded? | Hormel Foods was founded in 1928. |
| Where is Hormel Foods headquartered? | Hormel Foods is headquartered in United States. |
| How many employees does Hormel Foods have? | As of today, Hormel Foods has over 20K employees. |
| Who is the CEO of Hormel Foods? | Hormel Foods' CEO is Jeffrey M. Ettinger. |
| Is Hormel Foods publicly listed? | Yes, Hormel Foods is a public company listed on NYSE. |
| What is the stock symbol of Hormel Foods? | Hormel Foods trades under HRL ticker. |
| When did Hormel Foods go public? | Hormel Foods went public in 1972. |
| Who are competitors of Hormel Foods? | Hormel Foods main competitors are Almarai, Tata Consumer Products, Smithfield Foods, Mowi. |
| What is the current market cap of Hormel Foods? | Hormel Foods' current market cap is $12B. |
| What is the current revenue of Hormel Foods? | Hormel Foods' last 12 months revenue is $12B. |
| What is the current revenue growth of Hormel Foods? | Hormel Foods revenue growth (NTM/LTM) is 2%. |
| What is the current EV/Revenue multiple of Hormel Foods? | Current revenue multiple of Hormel Foods is 1.1x. |
| Is Hormel Foods profitable? | Yes, Hormel Foods is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Hormel Foods? | Hormel Foods' last 12 months EBITDA is $1B. |
| What is Hormel Foods' EBITDA margin? | Hormel Foods' last 12 months EBITDA margin is 11%. |
| What is the current EV/EBITDA multiple of Hormel Foods? | Current EBITDA multiple of Hormel Foods is 10.3x. |
| What is the current FCF of Hormel Foods? | Hormel Foods' last 12 months FCF is $721M. |
| What is Hormel Foods' FCF margin? | Hormel Foods' last 12 months FCF margin is 6%. |
| What is the current EV/FCF multiple of Hormel Foods? | Current FCF multiple of Hormel Foods is 18.9x. |
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