Hormel Foods Corp.
- HRL · NYSE
- Meat Packing Plants
- Austin, MN
- 20,000 employees
- CIK 0000048465
Updated from SEC filings through
Top things to know
Revenue, FY2025$12.1B+1.6% vs FY2024Operating margin5.9%Operating income $719MEmployees20,000As of December 5, 2025Next earningsDecember 3, 202608:30 ETLatest 8-KDeparture or appointment of directors or officers; compensationFiled October 29, 2026Leadership changeItem 5.02 filedOctober 29, 2026, last 90 days
Executives
- John F. Ghingo President and Chief Executive Officer 8-K, 2026-07-28
- Ash Bhumbla Executive VP & CFO 3, 2026-09-18
- Paul R. Kuehneman Interim Chief Financial Officer 8-K, 2026-08-24
- Swen Neufeldt Group Vice President, International 8-K, 2026-06-12
- William W. Bonifant GVP, Chief Supply Chain Ofc. 4, 2026-06-11
- David F. Weber Group Vice President 4, 2025-12-11
Hormel Foods Corp is a U.S. public company in meat packing plants (SIC 2011), headquartered in Austin, MN. It trades as HRL on NYSE. Revenue was $12.1B in the fiscal year ending October 26, 2025, +1.6% from the year before. It reported about 20,000 employees. John F. Ghingo is President and Chief Executive Officer.
Five-year financials
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $12.1B 10-K, 2025-12-05 | $11.9B 10-K, 2025-12-05 | $12.1B 10-K, 2025-12-05 | $12.5B 10-K, 2024-12-05 | $11.4B 10-K, 2023-12-06 |
| Operating income | $719M 10-K, 2025-12-05 | $1.1B 10-K, 2025-12-05 | $1.1B 10-K, 2025-12-05 | $1.3B 10-K, 2024-12-05 | $1.1B 10-K, 2023-12-06 |
| SG&A | $997M 10-K, 2025-12-05 | $1.0B 10-K, 2025-12-05 | $942M 10-K, 2025-12-05 | $879M 10-K, 2024-12-05 | $853M 10-K, 2023-12-06 |
| Net income | $478M 10-K, 2025-12-05 | $805M 10-K, 2025-12-05 | $794M 10-K, 2025-12-05 | $1000M 10-K, 2024-12-05 | $909M 10-K, 2023-12-06 |
Annual figures from XBRL in each company's own filings. Click a figure to open the filing. SG&A marked derived is general and administrative plus selling and marketing.
Leadership and board
| Name | Title | Source |
|---|---|---|
| John F. Ghingo CEO/President/General Manager/Brand Builder/Board Member | President and Chief Executive Officer | 8-K, 2026-07-28 |
| Ash Bhumbla EVP & Chief Financial Officer at Hormel Foods | Executive VP & CFO | 3, 2026-09-18 |
| Paul R. Kuehneman VP & Chief Accounting Officer at Hormel Foods | Interim Chief Financial Officer | 8-K, 2026-08-24 |
| Swen Neufeldt | Group Vice President, International | 8-K, 2026-06-12 |
| William W. Bonifant | GVP, Chief Supply Chain Ofc. | 4, 2026-06-11 |
| David F. Weber Executive Leadership | Board Governance | Profitability & Growth | M&A Specialist | Organizational Transformation | Group Vice President | 4, 2025-12-11 |
| Kevin L. Myers Sr. VP R&D/FSQ at Hormel Foods | SENIOR VICE PRESIDENT | 4, 2025-12-11 |
| Pierre M. Lilly | Senior Vice President | 4, 2025-12-11 |
| Colleen Batcheler | Senior Vice President | 4, 2025-12-11 |
| Katherine M. Losness-Larson | SENIOR VICE PRESIDENT | 4, 2025-12-11 |
| Mary Katherine Clark | Senior Vice President | 4, 2025-12-11 |
| Colleen R. Batcheler | Senior Vice President, External Affairs, General Counsel & Corporate Secretary | 10-K, 2025-12-05 |
| Domenic Borrelli Executive Vice President of Retail at Hormel Foods | EVP, Retail | 4, 2026-06-11 |
| CHRISTOPHER J. POLICINSKI | Board member (per proxy) bio: director | DEF 14A, 2025-12-17 |
| D. SCOTT AAKRE | Board member (per proxy) bio: director | DEF 14A, 2025-12-17 |
| ELSA A. MURANO | Board member (per proxy) bio: director | DEF 14A, 2025-12-17 |
What Hormel Foods Corp does
Hormel Foods Corporation, a Delaware corporation, was founded by George A. Hormel in 1891 in Austin, Minnesota, as Geo. A. Hormel & Company. The Company originated as a processor of meat and food products and continues in this line of business today. The Company has expanded its product portfolio through organic growth and acquisitions to become a global branded food company with more than $12 billion in annual revenue.
Shares and governance
| Public float | $8.6B (as of April 27, 2025) | 10-K, December 5, 2025 |
|---|---|---|
| Reportable segments | 3 (period ending July 26, 2026) | 10-Q, August 27, 2026 |
| Latest proxy statement | Meeting January 27, 2026 (filed December 17, 2025) | DEF 14A, December 17, 2025 |
| Auditor | Ernst & Young LLP (Minneapolis, Minnesota) | Latest 10-K |
Insider trades
Open-market buys and sales by officers and directors, from Forms 4 and 5. One row per filing.
| Date | Insider | Trade | Shares | Value | Source |
|---|---|---|---|---|---|
| October 5, 2026 | William A. Newlands Director | Buy | 10,000 | $201K | Form 4, October 6, 2026 |
| July 8, 2026 | Gary C. Bhojwani Director | Sale | 20,200 | $495K | Form 4, July 10, 2026 |
| December 11, 2025 | Elsa A. Murano Director | Sale | 13,400 | $322K | Form 4, December 15, 2025 |
Recent 8-K events
- 8-K filed 2026-10-29
- Item 5.02 Departure or appointment of directors or officers; compensation
- 8-K filed 2026-10-23
- Item 5.02 Departure or appointment of directors or officers; compensation
- 8-K filed 2026-09-30
- Item 1.01 Entry into a material definitive agreement
- Item 7.01 Regulation FD disclosure
- 8-K filed 2026-08-27
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-08-24
- Item 5.02 Departure or appointment of directors or officers; compensation
- 8-K filed 2026-07-28
- Item 5.02 Departure or appointment of directors or officers; compensation
- 8-K filed 2026-06-12
- Item 5.02 Departure or appointment of directors or officers; compensation
- 8-K filed 2026-05-28
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-02-26
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-02-18
- Item 2.02 Results of operations and financial condition (earnings release)
Frequently asked questions about Hormel Foods Corp
- What does Hormel Foods Corp do?
- In its own words, from Item 1 of its 10-K: "Hormel Foods Corporation, a Delaware corporation, was founded by George A. Hormel in 1891 in Austin, Minnesota, as Geo. A. Hormel & Company. The Company originated as a processor of meat and food products and continues in this line of business today. The Company has expanded its product portfolio through organic growth and acquisitions to become a global branded food company with more than $12 billion in annual revenue."
- What is Hormel Foods Corp's revenue?
- $12.1B for the fiscal year ending October 26, 2025, from its 10-K filed December 5, 2025.
- Is Hormel Foods Corp profitable?
- Hormel Foods Corp reported net income of $478M for the fiscal year ending October 26, 2025.
- How many employees does Hormel Foods Corp have?
- About 20,000 as of December 5, 2025, as stated in its annual report.
- Who is the CEO of Hormel Foods Corp?
- John F. Ghingo, President and Chief Executive Officer, as named in a 8-K filed July 28, 2026.
- Who is the CFO of Hormel Foods Corp?
- Ash Bhumbla, Executive VP & CFO, as named in a 3 filed September 18, 2026.
- Where is Hormel Foods Corp headquartered?
- Austin, MN.
- What is Hormel Foods Corp's stock ticker?
- HRL on NYSE.
- What industry is Hormel Foods Corp in?
- Meat Packing Plants, SIC code 2011.
- What is Hormel Foods Corp's website?
- hormelfoods.com.
- When does Hormel Foods Corp report earnings next?
- December 3, 2026 at 08:30. Source: ir_events_fc.
- Is Hormel Foods Corp a public company?
- Yes. Hormel Foods Corp files with the SEC under CIK 0000048465 and trades as HRL.
- Who audits Hormel Foods Corp?
- Ernst & Young LLP, Minneapolis, Minnesota, as named in its latest annual report (10-K).
- What is Hormel Foods Corp's public float?
- $8.6B as of April 27, 2025, as reported on the cover of its 10-K filed December 5, 2025.
- How many business segments does Hormel Foods Corp report?
- 3 reportable segments for the period ending July 26, 2026, from its 10-Q filed August 27, 2026.
- When is Hormel Foods Corp's annual shareholder meeting?
- January 27, 2026, per its proxy statement (DEF 14A) filed December 17, 2025.
- Have Hormel Foods Corp insiders traded stock recently?
- Since December 11, 2025, officers and directors reported 2 open-market sales worth about $817K and 1 purchase worth about $201K on Forms 4 and 5. The most recent: William A. Newlands (Director) bought 10,000 shares on October 5, 2026.