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| 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 | -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 |