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Jerod Harris — Getty Images for SPAM brand


Hormel Foods


The food company based in Austin, Minn. has a portfolio of brands that includes Spam, Muscle Milk, and Dinty Moore. For more on Hormel, read Hormel Finds a New Recipe for Success.


James P. Snee


Food, Beverages & Tobacco


Food Consumer Products

HQ Location

Austin, MN

Years on Fortune 500 List




Figures are for fiscal year ended Oct. 31, 2015.
Key Financials (last fiscal year)
$ millions% change
Revenues ($M)$9,264-0.6%
Profits ($M)$68613.8%
Assets ($M)$6,140
Total Stockholder Equity ($M)$3,998
Market Value — as of March 31, 2016 ($M)$22,914
Profit Ratios
Profit as % of Revenues7.4%
Profits as % of Assets11.2%
Profits as % of Stockholder Equity17.2%
Earnings Per Share (Last Fiscal Year)
Earnings Per Share ($)1.27
EPS % Change (from 2014)13.9%
EPS % Change (5 year annual rate)11.7%
EPS % Change (10 year annual rate)10.8%
Total Return
Total Return to Investors (2015)54.3%
Total Return to Investors (5 year, annualized)27.4%
Total Return to Investors (10 year, annualized)19.2%
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News about Hormel Foods

Oscar Mayer Has Ditched Some Controversial Ingredients From Its Hot Dogs

Kraft Heinz removes artificial preservatives, nitrates, and nitrites.

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Why the Danone Sale Puts Stonyfield at Risk

Big changes are fermenting in the yogurt world.

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Muscle Milk Maker Sees Green in Plant-Based Protein

New brand avoids dairy to lure in lactose-wary consumers.

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Videos about Hormel Foods

Fortune Live for September 1, 2016: Fortune 500 Special Edition

We're out this week, so here's a look back at our Fortune 500 special episode. Enjoy!

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Fortune Live for June 9, 2016: Fortune 500 Special Edition

From newcomers to the list like Veritiv, to companies like Monsanto, we talk to the CEOs of the Fortune 500.

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What is the ultimate test of leadership?

Hormel Foods CEO Jeffrey M. Ettinger evaluates what it means to be a great leader.

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How the makers of Spam in the can are going healthy

Jeffrey Ettinger, CEO of Hormel Foods, discusses his company's shift towards healthier products with Fortune's Susie Gharib.

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