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

Taxonomy & unit
ratio: %
Description
Return on equity can be defined as the amount of net income returned as a percentage of shareholders equity. Return on equity measures a corporation's profitability by revealing how much profit a company generates with the money shareholders have invested.
Summary
Hormel Foods Corp /De/ quarterly/annual Return On Equity history and growth rate from 2011 to 2023.
  • Hormel Foods Corp /De/ Return On Equity for the quarter ending July 28, 2024 was 9.96 %, a 13.2% decline year-over-year.
  • Hormel Foods Corp /De/ annual Return On Equity for 2023 was 10.3 %, a 24.3% decline from 2022.
  • Hormel Foods Corp /De/ annual Return On Equity for 2022 was 13.6 %, a 1.34% increase from 2021.
  • Hormel Foods Corp /De/ annual Return On Equity for 2021 was 13.5 %, a 7.56% decline from 2020.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 10.3 -3.31 -24.3% Oct 31, 2022 Oct 29, 2023
2022 13.6 +0.18 +1.34% Nov 1, 2021 Oct 30, 2022
2021 13.5 -1.1 -7.56% Oct 26, 2020 Oct 31, 2021
2020 14.6 -2.16 -12.9% Oct 28, 2019 Oct 25, 2020
2019 16.7 -2.16 -11.4% Oct 29, 2018 Oct 27, 2019
2018 18.9 +1.01 +5.65% Oct 30, 2017 Oct 28, 2018
2017 17.9 -2.69 -13.1% Oct 31, 2016 Oct 29, 2017
2016 20.6 +2.87 +16.2% Oct 26, 2015 Oct 30, 2016
2015 17.7 +0.63 +3.69% Oct 27, 2014 Oct 25, 2015
2014 17.1 -0.02 -0.12% Oct 28, 2013 Oct 26, 2014
2013 17.1 -0.67 -3.77% Oct 29, 2012 Oct 27, 2013
2012 17.8 -0.27 -1.5% Oct 31, 2011 Oct 28, 2012
2011 18 Nov 1, 2010 Oct 30, 2011
* An asterisk sign (*) next to the value indicates that the value is likely invalid.