FINHUB Insights

Hormel Foods Q4 FY24: where the revenue came from and where it went

The whole income statement of Hormel Foods for this quarter, as one diagram: what earned the revenue, and what it went on.

Period
Jul 29 – Oct 27, 2024
Reported
Dec 5, 2024 10-K accession 0000048465-24-000051

Revenue$3.14B −2% year over year
Gross profit$0.52B 17% margin
Operating profit$0.29B 9% margin
Net profit$0.22B 7% margin
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The numbers

All figures in billions of U.S. dollars, for Q4 FY24 (period ends Oct 27, 2024).
ItemValueShare of revenueYear over year
Revenue 3.14 100% −2%
Perishable meat 2.30 73% +0%
Shelf stable 0.84 27% −8%
Cost of revenue−2.6283%
Gross profit0.5217% margin+1pp
SG&A−0.237%+1pp
Operating profit0.299% margin+1pp
Tax−0.07
Net profit0.22 7% margin+1pp

Source of the numbers: structured XBRL data from the filing (10-K). The diagram is generated automatically and checked against EDGAR before release. The fourth quarter has no column of its own in an annual report, so it is the full year minus the first nine months. How we calculate it → About and methodology.

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