Halal Rating :
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Last Price $37.72 Last updated:
Market Cap $20.78b
7D Change -2.91%
1 Year Change -18.35%

Company Overview

  • Consumer Non-Durables
  • Food: Meat/Fish/Dairy
  • Manufacturing
  • Animal (except Poultry) Slaughtering
Exchange NYSE
Next Earnings Date Nov. 30, 2023

Hormel Foods Corporation is an American company founded in 1891 in Austin, Minnesota, by George A. Hormel as George A. Hormel & Company. Originally focusing on the packaging and selling of ham, Spam, sausage and other pork, chicken, beef and lamb products to consumers; by the 1980s, Hormel began offering a wider range of packaged and refrigerated foods.

Use of Interest

Reporting Date Total Revenue Total Operating Expense Interest Income Interest Expense Interest Income Ratio Interest Expense Ratio
July 30, 2023 $2.94b $295.68m $9.13m $18.37m 0.31% 6.21%
April 30, 2023 $2.96b $217.09m $1.36m $18.32m 0.05% 8.44%
Jan. 29, 2023 $2.96b $224.16m $8.25m $18.35m 0.28% 8.18%

Company Impact

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Justification for our Halal Rating

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