Hormel Pretax Profit Margin from 2010 to 2024

HRL Stock  USD 35.39  0.27  0.77%   
Hormel Foods Pretax Profit Margin yearly trend continues to be quite stable with very little volatility. The value of Pretax Profit Margin is projected to decrease to 0.06. From the period between 2010 and 2024, Hormel Foods, Pretax Profit Margin regression line of its data series had standard deviation of  0.02 and standard deviation of  0.02. View All Fundamentals
 
Pretax Profit Margin  
First Reported
2010-12-31
Previous Quarter
0.09890667
Current Value
0.0618
Quarterly Volatility
0.01943268
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Hormel Foods financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Hormel main balance sheet or income statement drivers, such as Depreciation And Amortization of 305.9 M, Interest Expense of 80.2 M or Total Revenue of 14.6 B, as well as many exotic indicators such as Price To Sales Ratio of 2.14, Dividend Yield of 0.0152 or PTB Ratio of 2.3. Hormel financial statements analysis is a perfect complement when working with Hormel Foods Valuation or Volatility modules.
  
This module can also supplement Hormel Foods' financial leverage analysis and stock options assessment as well as various Hormel Foods Technical models . Check out the analysis of Hormel Foods Correlation against competitors.
For more information on how to buy Hormel Stock please use our How to buy in Hormel Stock guide.

Latest Hormel Foods' Pretax Profit Margin Growth Pattern

Below is the plot of the Pretax Profit Margin of Hormel Foods over the last few years. It is Hormel Foods' Pretax Profit Margin historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Hormel Foods' overall financial position and show how it may be relating to other accounts over time.
Pretax Profit Margin10 Years Trend
Slightly volatile
   Pretax Profit Margin   
       Timeline  

Hormel Pretax Profit Margin Regression Statistics

Arithmetic Mean0.10
Geometric Mean0.1
Coefficient Of Variation19.21
Mean Deviation0.02
Median0.11
Standard Deviation0.02
Sample Variance0.0004
Range0.0542
R-Value(0.42)
Mean Square Error0.0003
R-Squared0.17
Significance0.12
Slope(0)
Total Sum of Squares0.01

Hormel Pretax Profit Margin History

2024 0.0618
2023 0.0989
2020 0.0837
2015 0.12
2011 0.11
2010 0.0689

About Hormel Foods Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Hormel Foods income statement, its balance sheet, and the statement of cash flows. Hormel Foods investors use historical funamental indicators, such as Hormel Foods's Pretax Profit Margin, to determine how well the company is positioned to perform in the future. Although Hormel Foods investors may use each financial statement separately, they are all related. The changes in Hormel Foods's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Hormel Foods's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Hormel Foods Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Hormel Foods. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Pretax Profit Margin 0.1  0.06 

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When determining whether Hormel Foods is a strong investment it is important to analyze Hormel Foods' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Hormel Foods' future performance. For an informed investment choice regarding Hormel Stock, refer to the following important reports:
Check out the analysis of Hormel Foods Correlation against competitors.
For more information on how to buy Hormel Stock please use our How to buy in Hormel Stock guide.
You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.

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When running Hormel Foods' price analysis, check to measure Hormel Foods' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hormel Foods is operating at the current time. Most of Hormel Foods' value examination focuses on studying past and present price action to predict the probability of Hormel Foods' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hormel Foods' price. Additionally, you may evaluate how the addition of Hormel Foods to your portfolios can decrease your overall portfolio volatility.
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Is Hormel Foods' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hormel Foods. If investors know Hormel will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hormel Foods listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.004
Dividend Share
1.108
Earnings Share
1.45
Revenue Per Share
22.203
Quarterly Revenue Growth
0.009
The market value of Hormel Foods is measured differently than its book value, which is the value of Hormel that is recorded on the company's balance sheet. Investors also form their own opinion of Hormel Foods' value that differs from its market value or its book value, called intrinsic value, which is Hormel Foods' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hormel Foods' market value can be influenced by many factors that don't directly affect Hormel Foods' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hormel Foods' value and its price as these two are different measures arrived at by different means. Investors typically determine if Hormel Foods is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hormel Foods' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.