Hormel Foods vs Hershey
Hormel Foods and Hershey are similar in size: $12.11bn and $11.69bn of revenue in their latest fiscal years. Hershey grew faster (4.4% against 1.6%). Hershey kept more of each dollar of sales as profit: a net margin of 7.6% against 4.0%. Hormel Foods carries less debt relative to equity (36.2% against 116.5%).
| Latest fiscal year | Hormel FoodsHRL, 2025 | HersheyHSY, 2025 |
|---|---|---|
| Revenue | $12.11bn | $11.69bn |
| Revenue growth | 1.6% | 4.4% |
| Net income | $478m | $883m |
| Operating margin | 5.9% | 12.3% |
| Net margin | 4.0% | 7.6% |
| Return on equity | 6.0% | 18.9% |
| Free cash flow | $534m | $1.82bn |
| Cash | $671m | $926m |
| Total debt | $2.86bn | $5.40bn |
| Debt to equity | 36.2% | 116.5% |
| Dividend per share | $1.16 | — |
| Dividend yield | 5.4% | 4.5% |
| Share buybacks | $0 | $0 |
| Employees | 20,000 | — |
| Market value | $11.71bn | $24.58bn |
| Price vs our value range | Within our value range | Below our value range |
| Moat score | 64 (Moderate) | 87 (Strong) |
| Insider trades, 12 months | 1 buys, 2 sales | 3 buys, 794 sales |