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Hormel Foods Corp. /DE/ (HRL) Stock Fundamental Analysis & AI Rating 2026

HRL NYSE Meat Packing Plants DE CIK: 0000048465
Updated This Month • Analysis: Mar 19, 2026 • SEC Data: 2026-01-25
Combined AI Rating
HOLD
72% Confidence
STRONG AGREEMENT
HOLD
62% Conf
HOLD
82% Conf

📊 HRL Key Takeaways

Revenue: $3.0B
Net Margin: 6.0%
Free Cash Flow: $280.2M
Current Ratio: 2.66x
Debt/Equity: 0.36x
EPS: $0.33
AI Rating: HOLD with 62% confidence
Hormel Foods Corp. /DE/ (HRL) receives a HOLD rating with 72% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $3.0B, net profit margin of 6.0%, and return on equity (ROE) of 2.3%, Hormel Foods Corp. /DE/ demonstrates mixed fundamentals in the Market sector. Below is our complete HRL stock analysis for 2026.

Is Hormel Foods Corp. /DE/ (HRL) a Good Investment?

Claude

Hormel demonstrates solid financial stability with strong liquidity (2.66x current ratio), healthy debt management (0.36x D/E), and consistent cash generation (280.2M FCF). However, profitability is stagnant with minimal net income growth (0.1% YoY) and declining EPS (-40.8% YoY), indicating margin compression and potential operational challenges despite flat revenue growth.

ChatGPT

Hormel Foods shows solid financial health, with strong liquidity, manageable leverage, and positive free cash flow generation. However, growth quality is mixed: revenue is only modestly higher, net income is essentially flat, and the sharp decline in diluted EPS suggests pressure from costs, mix, or share-related factors. The fundamentals support stability more than acceleration, making the company look resilient but not especially strong on current profitability trends.

Why Buy Hormel Foods Corp. /DE/ Stock? HRL Key Strengths

Claude
  • + Excellent liquidity position with 2.66x current ratio and 867.9M cash reserves
  • + Conservative leverage at 0.36x debt-to-equity with 6.1x interest coverage ratio
  • + Solid free cash flow generation of 280.2M representing 9.3% FCF margin
  • + Stable balance sheet with 7.9B equity and manageable 2.9B long-term debt
ChatGPT
  • + Strong liquidity with a 2.66x current ratio and 1.37x quick ratio
  • + Manageable leverage with debt/equity of 0.36x and adequate 6.1x interest coverage
  • + Positive free cash flow of $280.22M with a healthy 9.3% FCF margin

HRL Stock Risks: Hormel Foods Corp. /DE/ Investment Risks

Claude
  • ! Significant EPS decline of 40.8% YoY despite stable net income indicates share dilution or unfavorable income distribution
  • ! Stagnant profitability with minimal net income growth (0.1% YoY) and flat operating margins at 8.0%
  • ! Weak returns on capital with ROE of 2.3% and ROA of 1.4% suggesting inefficient asset utilization
  • ! Low net margin of 6.0% in competitive food processing industry limits pricing power
  • ! Muted revenue growth of 1.6% YoY signals limited top-line momentum in mature market
ChatGPT
  • ! Diluted EPS fell 40.8% year over year despite slight revenue growth, indicating weaker earnings quality
  • ! Low ROE of 2.3% and ROA of 1.4% point to weak capital efficiency
  • ! Margins remain relatively thin, leaving limited cushion if input costs or demand weaken

Key Metrics to Watch

Claude
  • * Gross margin trends - monitor for cost inflation pressures in commodity meat inputs
  • * Operating cash flow sustainability and FCF conversion quality
  • * Debt levels and interest coverage as economic conditions evolve
  • * EPS trajectory and share count changes
  • * Operating margin expansion potential and overhead cost management
ChatGPT
  • * Operating margin and gross margin trend
  • * EPS recovery relative to revenue growth

Hormel Foods Corp. /DE/ (HRL) Financial Metrics & Key Ratios

Revenue
$3.0B
Net Income
$181.8M
EPS (Diluted)
$0.33
Free Cash Flow
$280.2M
Total Assets
$13.3B
Cash Position
$867.9M

💡 AI Analyst Insight

Strong liquidity with a 2.66x current ratio provides a solid financial cushion.

HRL Profit Margin, ROE & Profitability Analysis

Gross Margin 15.5%
Operating Margin 8.0%
Net Margin 6.0%
ROE 2.3%
ROA 1.4%
FCF Margin 9.3%

HRL vs Market Sector: How Hormel Foods Corp. /DE/ Compares

How Hormel Foods Corp. /DE/ compares to Market sector averages

Net Margin
HRL 6.0%
vs
Sector Avg 12.0%
HRL Sector
ROE
HRL 2.3%
vs
Sector Avg 15.0%
HRL Sector
Current Ratio
HRL 2.7x
vs
Sector Avg 1.8x
HRL Sector
Debt/Equity
HRL 0.4x
vs
Sector Avg 0.7x
HRL Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Hormel Foods Corp. /DE/ Stock Overvalued? HRL Valuation Analysis 2026

Based on fundamental analysis, Hormel Foods Corp. /DE/ has mixed fundamental signals relative to the Market sector in 2026.

Return on Equity
2.3%
Sector avg: 15%
Net Profit Margin
6.0%
Sector avg: 12%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.36x
Sector avg: 0.7x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Hormel Foods Corp. /DE/ Balance Sheet: HRL Debt, Cash & Liquidity

Current Ratio
2.66x
Quick Ratio
1.37x
Debt/Equity
0.36x
Debt/Assets
0.0%
Interest Coverage
6.09x
Long-term Debt
$2.9B

HRL Revenue & Earnings Growth: 5-Year Financial Trend

HRL 5-year financial data: Year 2021: Revenue $11.4B, Net Income $978.8M, EPS $1.80. Year 2022: Revenue $12.5B, Net Income $908.1M, EPS $1.66. Year 2023: Revenue $12.5B, Net Income $908.8M, EPS $1.66. Year 2024: Revenue $12.5B, Net Income $1,000.0M, EPS $1.82. Year 2025: Revenue $12.1B, Net Income $793.6M, EPS $1.45.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Hormel Foods Corp. /DE/'s revenue has shown modest growth of 6% over the 5-year period. The most recent EPS of $1.45 reflects profitable operations.

HRL Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
9.3%
Free cash flow / Revenue

HRL Quarterly Earnings & Performance

Quarterly financial performance data for Hormel Foods Corp. /DE/ including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q1 2026 $3.0B $170.6M $0.31
Q3 2025 $2.9B $176.7M $0.32
Q2 2025 $2.9B $180.0M $0.33
Q1 2025 $3.0B $170.6M $0.31
Q3 2024 $2.9B $162.7M $0.30
Q2 2024 $2.9B $189.3M $0.34
Q1 2024 $3.0B $217.7M $0.40
Q3 2023 $3.0B $162.7M $0.30

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Hormel Foods Corp. /DE/ Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$349.2M
Cash generated from operations
Capital Expenditures
$69.0M
Investment in assets
Dividends Paid
$159.5M
Returned to shareholders

HRL SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Hormel Foods Corp. /DE/ (CIK: 0000048465)

📋 Recent SEC Filings

Date Form Document Action
Apr 2, 2026 4 xslF345X06/wk-form4_1775162367.xml View →
Apr 2, 2026 4 xslF345X06/wk-form4_1775162337.xml View →
Apr 2, 2026 4 xslF345X06/wk-form4_1775162310.xml View →
Apr 2, 2026 4 xslF345X06/wk-form4_1775162278.xml View →
Apr 2, 2026 4 xslF345X06/wk-form4_1775162248.xml View →

Frequently Asked Questions about HRL

What is the AI rating for HRL?

Hormel Foods Corp. /DE/ (HRL) has a Combined AI Rating of HOLD from Claude (HOLD) and ChatGPT (HOLD) with 72% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are HRL's key strengths?

Claude: Excellent liquidity position with 2.66x current ratio and 867.9M cash reserves. Conservative leverage at 0.36x debt-to-equity with 6.1x interest coverage ratio. ChatGPT: Strong liquidity with a 2.66x current ratio and 1.37x quick ratio. Manageable leverage with debt/equity of 0.36x and adequate 6.1x interest coverage.

What are the risks of investing in HRL?

Claude: Significant EPS decline of 40.8% YoY despite stable net income indicates share dilution or unfavorable income distribution. Stagnant profitability with minimal net income growth (0.1% YoY) and flat operating margins at 8.0%. ChatGPT: Diluted EPS fell 40.8% year over year despite slight revenue growth, indicating weaker earnings quality. Low ROE of 2.3% and ROA of 1.4% point to weak capital efficiency.

What is HRL's revenue and growth?

Hormel Foods Corp. /DE/ reported revenue of $3.0B.

Does HRL pay dividends?

Hormel Foods Corp. /DE/ pays dividends, with $159.5M distributed to shareholders in the trailing twelve months.

Where can I find HRL SEC filings?

Official SEC filings for Hormel Foods Corp. /DE/ (CIK: 0000048465) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is HRL's EPS?

Hormel Foods Corp. /DE/ has a diluted EPS of $0.33.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is HRL a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Hormel Foods Corp. /DE/ has a HOLD rating with 72% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is HRL stock overvalued or undervalued?

Valuation metrics for HRL: ROE of 2.3% (sector avg: 15%), net margin of 6.0% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.

Should I buy HRL stock in 2026?

Our dual AI analysis gives Hormel Foods Corp. /DE/ a combined HOLD rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is HRL's free cash flow?

Hormel Foods Corp. /DE/'s operating cash flow is $349.2M, with capital expenditures of $69.0M. FCF margin is 9.3%.

How does HRL compare to other Market stocks?

Vs Default sector averages: Net margin 6.0% (avg: 12%), ROE 2.3% (avg: 15%), current ratio 2.66 (avg: 1.8).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Mar 19, 2026 | Data as of: 2026-01-25 | Powered by Claude AI