Hormel Foods (HRL) Non Operating Income (2009 - 2022)
Hormel Foods (HRL) posted quarterly Non Operating Income of -$31.4 million for Q2 2022, down 97.66% year-over-year from -$1.3 billion in Q2 2021, and down 37.08% quarter-over-quarter from -$22.9 million in Q1 2022.
Hormel Foods (HRL) Non Operating Income (2009 - 2022) Analysis & Trends
Hormel Foods (HRL) has reported Non Operating Income for 14 consecutive years, with -$31.4 million the latest figure, recorded in Q2 2022.
- In Q2 2022, Non Operating Income fell 97.66% year-over-year to -$31.4 million; the TTM figure through May 2022 stood at -$35.8 million (down 535.3% YoY), while the FY2021 annual figure was $46.9 million, up 31.69% from the prior year.
- Non Operating Income fell to -$31.4 million in Q2 2022 per HRL's latest filing, from -$22.9 million in the prior quarter.
- Across five years, Non Operating Income topped out at $15.5 million in Q3 2020 and bottomed at -$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.
- Annual changes were most pronounced in 2019 — Non Operating Income soared 1134.46% — and 2021, when it tumbled 357.8%.
- Hormel Foods' Non Operating Income stood at -$560000.0 in 2018, then jumped by 1134.46% to $5.8 million in 2019, then soared by 77.92% to $10.3 million in 2020, then decreased by 1.64% to $10.1 million in 2021, then sank by 410.08% to -$31.4 million in 2022.
- Business Quant data shows HRL's Non Operating Income at -$31.4 million in Q2 2022, -$22.9 million in Q1 2022, and $10.1 million in Q4 2021.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Op. Inc. (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 30.37 Bn | 27.69 Bn | 2.03 Bn | - |
| 2 | General Mills | 21.49 Bn | 21.03 Bn | 1.60 Bn | - |
| 3 | Mccormick | 14.93 Bn | 14.60 Bn | 778.20 Mn | - |
| 4 | Jbs | 14.80 Bn | 11.34 Bn | 4.91 Bn | - |
| 5 | J M Smucker | 13.21 Bn | 13.15 Bn | 862.10 Mn | - |
| 6 | Hormel Foods | 13.14 Bn | 12.28 Bn | 518.51 Mn | - |
| 7 | Magnum Ice Cream | 12.22 Bn | 11.50 Bn | - | - |
| 8 | Darling Ingredients | 10.40 Bn | 10.24 Bn | 503.37 Mn | -57.24 Mn |
| 9 | Smithfield Foods | 8.75 Bn | 7.40 Bn | 478.00 Mn | - |
| 10 | Conagra Brands | 7.86 Bn | 7.64 Bn | 704.10 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 |