Similar companies
| Company | Revenue | |
|---|---|---|
| No data for previous quarter available yet. | ||
Income Statement (USD)
| Q4 '24 | QoQ | |
|---|---|---|
| Revenue | 3.14B | 8.3% |
| Gross Profit | 521M | 6.7% |
| Cost of Revenue | 2.87B | 7.2% |
| Operating expense | 286M | 8.6% |
| Net Income | 220M | 24.6% |
| EBITDA | 306M | 27.1% |
Balance Sheet (USD)
| Q4 '24 | QoQ | |
|---|---|---|
| Total Assets | 13.4B | 2.4% |
| Total Liabilities | 5.44B | 3.7% |
| Total Equity | 7.99B | 1.6% |
| Shares Outstanding | 549M | 0% |
Cash Flow (USD)
| Q4 '24 | QoQ | |
|---|---|---|
| Cash from operations | 409M | 87.4% |
| Cash from investing | -60M | 6.5% |
| Cash from financing | -150M | 86.3% |
EPS
Financial Highlights for Hormel Foods in Q4 '24
Hormel Foods reported a revenue of 3.14B, which is a 8.3% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 521M, marking a 6.7% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 2.87B, a 7.2% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 286M, showing a 8.6% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was 220M, showing a 24.6% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was 306M, showing a 27.1% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
It was a positive quarter for Hormel Foods with growth in revenue, gross profit, and net income. Higher operating expenses might indicate increased investments or potential inefficiencies.
