Hormel Foods

Austin, United States Founded: 1891 • Age: 135 yrs
Food products are manufactured and distributed internationally.
Annual revenue $12.1B Latest available
Total funding - 1 rounds
Employees 20000 Tracked headcount
Investors 1 Known backers
Products 4 Services tracked
Competitors 10 Brand Intelligence

About Hormel Foods

Hormel Foods is a company based in Austin (United States) founded in 1891. It operates as a Direct-to-Consumer (D2C) and Reseller / Distribution. The company has 20,000 employees as of October 31, 2024. Hormel Foods has completed 15 acquisitions, including Applegate, Applegate Farms and Century Foods International. Hormel Foods offers products and services including HORMEL® Pepperoni, PLANTERS® Trail Mix, SPAM® Brand, and HORMEL GATHERINGS®. Hormel Foods operates in a competitive market with competitors including Panera Bread, Mars, HumanCo, Belgian Boys and Nona Lim, among others.

  • Headquarter Austin, United States
  • Employees 20000 as on 31 Oct, 2024
  • Stage Public
  • Sectors
    Consumer
  • Email
    Locked
  • Phone
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  • Website
    Locked
  • Social
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  • Legal Name Hormel Foods Corporation
Operational Areas
Consumer → Food, Beverage & Nutrition Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $12.11 B (USD)
    1.55
    as on Oct 31, 2025
  • Net Profit
    $478.2 M (USD)
    -40.6
    as on Oct 31, 2025
  • EBITDA
    $1.14 B (USD)
    -13.86
    as on Oct 31, 2025
  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    20000

    as on Oct 31, 2024

  • Investments & Acquisitions
    Applegate

    & 14 more

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IPO & Listings of Hormel Foods

Hormel Foods is a publicly listed company on the NYSE with ticker symbol HRL in USA, operating in the Consumer non-durables sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NYSE · Ticker: HRL · Sector: Consumer non-durables · USA

Products & Services of Hormel Foods

Hormel Foods offers a comprehensive portfolio of products and services, including HORMEL® Pepperoni, PLANTERS® Trail Mix, SPAM® Brand, and HORMEL GATHERINGS®.

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Primary

Pepperoni products are offered for pizza and snacks.

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Trail mix blends are provided with premium nuts.

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Canned meat products are sold as global staples.

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Snacking and entertaining products are widely distributed.

Funding Insights of Hormel Foods

Investors in Hormel Foods

Hormel Foods has secured backing from 1 investor. Prominent investors backing the company include ACA Group.

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Investor Description Founded Year Domain Location
Regulatory software and compliance services are provided for financial institutions.
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Investor details for Hormel Foods

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Investments & Acquisitions by Hormel Foods

Hormel Foods has strategically engaged in corporate development activities, having acquired 15 companies. Notable acquisitions include Applegate, Applegate Farms and Century Foods International.

Investments
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Investment portfolio details for Hormel Foods

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Peanut butter products are manufactured and sold by Justin's.
Locked Locked 2004 Locked
Dairy proteins, nutritional products, and powder blends are manufactured.
Locked Locked 1998 Locked
Sports-oriented nutritional products and supplements are manufactured and distributed.
Locked Locked 1998 Locked
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Complete acquisition details for Hormel Foods

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Financial Statements - Hormel Foods

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Detailed financials for Hormel Foods

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Hormel Foods Comparisons

Hormel Foods Primary company
Description
Food products are manufactured and distributed international...
Location
Austin, United States
Founded Year
1891
Annual Revenue
$12.11 B (USD)
Net Profit
$478.2 M (USD)
EBITDA
$1.14 B (USD)
Employees
20,000
As of 2024
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Peer comparison for Hormel Foods

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Competitors of Hormel Foods

Hormel Foods operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Panera Bread, Mars, HumanCo, Belgian Boys and Nona Lim, among others.

Company Name Domain Founded year HQ Location Description
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Provider of bakery-cafe services and a loyalty program
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Grains, legumes, snacks, pet care, and confectionery products are produced.
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Venture capital investments are directed across multiple sectors by HumanCo.
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Internet first brand of cookies, desserts, and chocolate products
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Dairy-free and gluten-free convenience foods are produced by Nona Lim.
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Detailed competitors of Hormel Foods

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Latest news on Hormel Foods

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Complete news archive for Hormel Foods

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Frequently Asked Questions about Hormel Foods

Hormel Foods was founded in 1891 and raised its 1st funding round 133 years after it was founded.

Hormel Foods is headquartered in Austin, United States. It is registered at Austin, Texas, United States.

As of Oct 31, 2024, the latest employee count at Hormel Foods is 20,000.

Annual revenue of Hormel Foods is $12.11B as on Oct 31, 2025.

Hormel Foods is established as a global branded food company with over 40 leading brands in categories like meat, proteins, and snacks. Operations are conducted in more than 80 countries, including key markets such as China, Japan, and Australia. Products are developed to be flavorful, nutritious, and convenient, catering to diverse consumer needs. The company is committed to sustainability and community impact through its Good Feeds Us All framework. Innovation is prioritized with new product launches and modern twists on staples. A workforce of over 20,000 employees worldwide is united by a shared purpose.

Hormel Foods's top competitors include Panera Bread, HumanCo and Belgian Boys.

Hormel Foods offers HORMEL® Pepperoni, PLANTERS® Trail Mix, SPAM® Brand, and HORMEL GATHERINGS®.

Yes, Hormel Foods is publicly traded on NYSE under the ticker symbol HRL.

Hormel Foods has made 15 acquisitions, including Applegate, Applegate Farms, and Century Foods International.

Hormel Foods has 1 investor. Key investors include ACA Group.

The ticker symbol of Hormel Foods is HRL on NYSE.

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