Hormel Foods (HRL) Non Operating Income (2009 - 2022)
Hormel Foods' Non Operating Income was -$31.44 million in fiscal Q2 2022 (quarter ended May 1, 2022), compared with -$15.9 million a year earlier.
Hormel Foods (HRL) Non Operating Income (2009 - 2022) Analysis & Trends
On a trailing twelve-month basis, Hormel Foods' Non Operating Income was -$35.77 million through May 1, 2022; for FY2021 (ended Oct 31, 2021), it was $46.88 million, up 31.7% from FY2020.
- Non Operating Income has now increased for five consecutive fiscal years, with a five-year compound annual growth rate of 49.9% (FY2016 to FY2021).
- In earlier fiscal years, Non Operating Income was $35.6 million in FY2020 (+12.9%), $31.52 million in FY2019 (+13.3%), $27.82 million in FY2018 (+90.7%) and $14.59 million in FY2017 (+135.6%).
- The fiscal Q2 2022 figure marks the lowest quarterly Non Operating Income in data going back to fiscal Q3 2009.
- Compared with a year earlier, Non Operating Income was higher in two of the last four quarters, with growth averaging 34.0%.
- The best year-over-year quarter for Non Operating Income over five years was fiscal Q3 2018 (growth of 588.7%); the worst was fiscal Q3 2021 (a decline of 45.5%).
- Per Business Quant data, HRL's Non Operating Income in the three fiscal quarters before Q2 2022 was -$22.93 million (Q1 2022), $10.14 million (Q4 2021) and $8.46 million (Q3 2021).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Op. Inc. (Qtr) |
|---|---|---|---|---|---|
| 1 | Unilever | 132.43 Bn | 107.80 Bn | - | - |
| 2 | Mondelez International | 73.80 Bn | 67.12 Bn | 3.99 Bn | -74.00 Mn |
| 3 | Hershey | 31.86 Bn | 28.11 Bn | 1.26 Bn | -215.12 Mn |
| 4 | Kraft Heinz | 26.96 Bn | 13.49 Bn | 2.03 Bn | - |
| 5 | General Mills | 17.20 Bn | 14.85 Bn | 1.49 Bn | - |
| 6 | J M Smucker | 12.70 Bn | 12.49 Bn | 979.60 Mn | - |
| 7 | Mccormick | 12.49 Bn | 12.36 Bn | 778.20 Mn | - |
| 8 | Hormel Foods | 10.97 Bn | 7.66 Bn | 471.52 Mn | - |
| 9 | Chewy | 7.31 Bn | 4.59 Bn | 1.01 Bn | - |
| 10 | Conagra Brands | 6.43 Bn | 5.74 Bn | 618.70 Mn | - |
Historic Data
| Date | Value |
|---|---|
| May 1, 2022 | -31.44 Mn |
| Jan 30, 2022 | -22.93 Mn |
| Oct 31, 2021 | 10.14 Mn |
| Jul 25, 2021 | 8.46 Mn |
| Apr 25, 2021 | -15.90 Mn |
| Jan 24, 2021 | -15.55 Mn |
| Oct 25, 2020 | 10.31 Mn |
| Jul 26, 2020 | 15.51 Mn |
| Apr 26, 2020 | -3.47 Mn |
| Jan 26, 2020 | 13.25 Mn |
| Oct 27, 2019 | 5.79 Mn |
| Jul 28, 2019 | 7.56 Mn |
| Apr 28, 2019 | 11.30 Mn |
| Jan 27, 2019 | 6.87 Mn |
| Oct 28, 2018 | 8.26 Mn |
| Jul 29, 2018 | 9.48 Mn |
| Apr 29, 2018 | 2.14 Mn |
| Jan 28, 2018 | 7.94 Mn |
| Oct 29, 2017 | 7.94 Mn |
| Jul 30, 2017 | 1.38 Mn |
Hormel Foods Non Operating Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=non-operating-income&ticker=HRL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-operating-income", "ticker": "HRL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=non-operating-income&ticker=HRL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();