HORMEL FOODS CORP /DE/

Meat Packing Plants·AUSTIN, MN·FY end 10/25·CIK 48465

CEO Pay Ratio

141:1

Interim CEO

CEO Total Comp

$6.4M

Interim CEO

Median Employee

$57,789

Revenue

—

FY 2025

Net Income

$478.2M

FY 2025

Free Cash Flow

$534.3M

FY 2025

Net Margin

—

Insider Net (180d)

-$321.6K

0 buys / 1 sales

CEO Pay Accountability

CEO comp as % of net income

1.34%

For every $1,000 of profit, $13.44 flows to the CEO.

CEO comp as % of buybacks

—

No buyback data for the most recent fiscal year.

5-year history · USD

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	Trend
Revenue	—	—	—	—	—	—
Gross Profit	$1.9B	$2.0B	$2.0B	$2.2B	$1.9B
Operating Income	$718.6M	$1.1B	$1.1B	$1.3B	$1.1B
Net Income	$478.2M	$805.0M	$793.6M	$1000.0M	$908.8M
Operating CF	$845.3M	$1.3B	$1.0B	$1.1B	$1.0B
Capex	$310.9M	$256.4M	$270.2M	$278.9M	$232.4M
Free Cash Flow	$534.3M	$1.0B	$777.6M	$856.1M	$769.5M
Buybacks	$0	$0	$12.3M	$0	$20.0M
Dividends	$633.2M	$615.0M	$592.9M	$557.8M	$523.1M

Gross Margin	—	—	—	—	—	—
Operating Margin	—	—	—	—	—	—
Net Margin	—	—	—	—	—	—
FCF Margin	—	—	—	—	—	—
R&D / Revenue	—	—	—	—	—	—
Effective Tax	28.0%	22.3%	21.8%	21.7%	19.3%
Debt / Equity	0.36	0.36	0.30	0.44	0.48
Buybacks / FCF	0.0%	0.0%	1.6%	0.0%	2.6%

FY 2025

Executive	Salary	Stock	Options	Bonus / Inc.	Other	Total
Prior CEO	—	—	—	—	—	$7.4M
James P. SneeFormer President and	$1.1M	$2.0M	$2.0M	$1.5M	$892.4K	$7.4M
Interim CEO · CEO	—	—	—	—	—	$6.4M
Jeffrey M. Ettinger	$323.1K	$1.8M	$3.8M	$380.8K	$99.8K	$6.4M
Jacinth C. SmileyFormer Executive Vice President and	$606.7K	$715.0K	$715.1K	$521.8K	$171.5K	$2.7M
John F. Ghingo	$561.9K	$515.4K	$515.5K	$534.5K	$273.9K	$2.4M
Colleen R. BatchelerSenior Vice President, External	$561.3K	$485.0K	$484.9K	$437.6K	$227.0K	$2.2M
Swen Neufeldt	$363.1K	$475.1K	$325.1K	$276.7K	$143.1K	$1.6M