HORMEL FOODS CORP /DE/ Annual Return On Assets in % from 2011 to 2023

Taxonomy & unit
ratio: %
Description
Return on assets can be defined as an indicator of how profitable a company is relative to its total assets. Calculated by dividing a company's operating earnings by its total assets.
Summary
Hormel Foods Corp /De/ quarterly/annual Return On Assets history and growth rate from 2011 to 2023.
  • Hormel Foods Corp /De/ Return On Assets for the quarter ending April 28, 2024 was 5.63 %, a 20.2% decline year-over-year.
  • Hormel Foods Corp /De/ annual Return On Assets for 2023 was 5.94 %, a 22.3% decline from 2022.
  • Hormel Foods Corp /De/ annual Return On Assets for 2022 was 7.63 %, a 5.8% decline from 2021.
  • Hormel Foods Corp /De/ annual Return On Assets for 2021 was 8.1 %, a 19.2% decline from 2020.
Return On Assets, Annual (%)
Return On Assets, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 5.94 -1.7 -22.3% Oct 31, 2022 Oct 29, 2023
2022 7.63 -0.47 -5.8% Nov 1, 2021 Oct 30, 2022
2021 8.1 -1.93 -19.2% Oct 26, 2020 Oct 31, 2021
2020 10 -2.14 -17.6% Oct 28, 2019 Oct 25, 2020
2019 12.2 -0.58 -4.55% Oct 29, 2018 Oct 27, 2019
2018 12.8 -0.15 -1.16% Oct 30, 2017 Oct 28, 2018
2017 12.9 -1.04 -7.45% Oct 31, 2016 Oct 29, 2017
2016 14 +2.23 +19% Oct 26, 2015 Oct 30, 2016
2015 11.7 +0.13 +1.12% Oct 27, 2014 Oct 25, 2015
2014 11.6 +0.49 +4.42% Oct 28, 2013 Oct 26, 2014
2013 11.1 -0.31 -2.72% Oct 29, 2012 Oct 27, 2013
2012 11.4 +0.23 +2.06% Oct 31, 2011 Oct 28, 2012
2011 11.2 Nov 1, 2010 Oct 30, 2011
* An asterisk sign (*) next to the value indicates that the value is likely invalid.