Hormel Foods (HRL) Non Operating Income (2009 - 2022)

Hormel Foods' (HRL) quarterly Non Operating Income came in at -$31.4 million in Q2 2022, down 97.66% year-on-year from -$1.3 billion in Q2 2021, and down 37.08% on a QoQ basis from -$22.9 million in Q1 2022.

Hormel Foods (HRL) Non Operating Income (2009 - 2022) Analysis & Trends

Hormel Foods (HRL) has 14 years of Non Operating Income data on file, last reported at -$31.4 million in Q2 2022.

  • On a quarterly basis, Non Operating Income fell 97.66% year-over-year to -$31.4 million in Q2 2022; TTM through May 2022 was -$35.8 million, a 535.3% decrease from a year earlier, with the FY2021 full-year figure at $46.9 million, up 31.69% from the prior year.
  • Non Operating Income for Q2 2022 stood at -$31.4 million, down from -$22.9 million in the prior quarter.
  • Over the last five years, Non Operating Income for HRL reached as high as $15.5 million in Q3 2020 and fell as low as -$31.4 million in Q2 2022.
  • Historically, Non Operating Income has averaged $864055.6 across 5 years, with a median of $6.3 million in 2019.
  • Across the five-year window, Non Operating Income jumped 1134.46% in 2019 and sank 357.8% in 2021, its largest moves.
  • Year by year, Non Operating Income stood at -$560000.0 in 2018, then soared by 1134.46% to $5.8 million in 2019, then surged by 77.92% to $10.3 million in 2020, then dropped by 1.64% to $10.1 million in 2021, then sank by 410.08% to -$31.4 million in 2022.
  • Per Business Quant data, the three most recent Non Operating Income figures were -$31.4 million in Q2 2022, -$22.9 million in Q1 2022, and $10.1 million in Q4 2021.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Non Op. Inc. (Qtr)
1 Kraft Heinz 30.05 Bn 26.07 Bn 2.22 Bn -
2 General Mills 19.11 Bn 18.67 Bn 1.60 Bn -
3 Hormel Foods 13.78 Bn 12.93 Bn 518.51 Mn -
4 Mccormick 13.51 Bn 13.76 Bn 778.20 Mn -
5 Magnum Ice Cream 10.87 Bn 10.35 Bn - -140.85 Mn
6 Smithfield Foods 10.26 Bn 8.88 Bn 511.00 Mn -
7 Darling Ingredients 10.06 Bn 10.02 Bn 404.92 Mn -53.98 Mn
8 Conagra Brands 6.88 Bn 6.66 Bn 704.10 Mn -
9 Lamb Weston Holdings 6.84 Bn 6.78 Bn 361.40 Mn -47.50 Mn
10 Pilgrims Pride 6.64 Bn 6.11 Bn 345.49 Mn -

Historic Data

Download Data
DateValue
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 -560,000.00
Jul 29, 2018 9.48 Mn
Apr 29, 2018 2.14 Mn
Jan 28, 2018 4.60 Mn
Oct 29, 2017 7.94 Mn
Jul 30, 2017 1.38 Mn