Revenue
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $12.11B | $11.92B | $12.11B | $12.46B | $11.39B | $9.61B | $9.50B | $9.55B | $9.17B | $9.52B | $9.26B | $9.32B | $8.75B | $8.23B | $7.90B | $7.22B | $6.53B | $6.75B |
| Gross profit | $1.89B | $2.02B | $2.00B | $2.16B | $1.93B | $1.83B | $1.88B | $1.98B | $2.00B | $2.16B | $1.81B | $1.56B | $1.41B | $1.33B | $1.33B | $1.24B | $1.10B | $1.06B |
| Gross margin | 15.63% | 16.96% | 16.51% | 17.37% | 16.93% | 19.00% | 19.84% | 20.74% | 21.78% | 22.66% | 19.52% | 16.80% | 16.14% | 16.18% | 16.90% | 17.16% | 16.82% | 15.72% |
| Research & development | $35.2M | $36.1M | $33.7M | $34.7M | $33.6M | $31.9M | $32.5M | $33.8M | $34.2M | $34.7M | $32.0M | $29.9M | $29.9M | $29.8M | $29.4M | $27.6M | $25.4M | — |
| Operating expenses | $1.17B | $954.2M | $927.8M | $852.1M | $805.3M | $725.7M | $688.4M | $799.5M | $719.9M | $834.3M | $741.3M | $633.4M | $606.8M | $550.7M | — | — | — | — |
| Operating income | $718.6M | $1.07B | $1.07B | $1.31B | $1.12B | $1.10B | $1.20B | $1.18B | $1.28B | $1.32B | $1.07B | $931.6M | $806.0M | $781.2M | — | — | — | — |
| Operating margin | 5.94% | 8.96% | 8.85% | 10.54% | 9.86% | 11.45% | 12.60% | 12.36% | 13.93% | 13.90% | 11.52% | 10.00% | 9.21% | 9.49% | — | — | — | — |
| EBITDA | $982.5M | $1.33B | $1.33B | $1.55B | $1.33B | $1.31B | $1.36B | $1.34B | $1.41B | $1.46B | $1.20B | $1.06B | $930.8M | $900.7M | — | — | — | — |
| EBITDA margin | 8.12% | 11.12% | 10.94% | 12.43% | 11.70% | 13.59% | 14.34% | 14.06% | 15.36% | 15.29% | 12.96% | 11.40% | 10.64% | 10.94% | — | — | — | — |
| Net income | $478.2M | $805.0M | $793.6M | $1000.0M | $908.8M | $908.1M | $978.8M | $1.01B | $846.7M | $890.1M | $686.1M | $602.7M | $526.2M | $500.1M | $474.2M | $395.6M | $342.8M | $285.5M |
| Net profit margin | 3.95% | 6.75% | 6.55% | 8.03% | 7.98% | 9.45% | 10.31% | 10.60% | 9.24% | 9.35% | 7.41% | 6.47% | 6.01% | 6.08% | 6.01% | 5.48% | 5.25% | 4.23% |
| Basic EPSper basic share | $0.87 | $1.47 | $1.45 | $1.84 | $1.68 | $1.69 | $1.83 | $1.91 | $1.60 | $1.68 | $1.30 | $1.14 | $1.99 | $1.90 | $1.78 | $1.48 | $1.28 | $2.11 |
| Diluted EPSper diluted share | $0.87 | $1.47 | $1.45 | $1.82 | $1.66 | $1.66 | $1.80 | $1.86 | $1.57 | $1.64 | $1.27 | $1.12 | $1.95 | $1.86 | $1.74 | $1.46 | $1.27 | $2.08 |
Reported shareholders
| Holder | % owned |
|---|---|
STATE STREET CORP | ≈4.70%25.87M shares |
BlackRock, Inc. | ≈3.58%19.71M shares |
VANGUARD CAPITAL MANAGEMENT LLC | ≈3.52%19.39M shares |
Invesco Ltd. | ≈2.76%15.17M shares |
VANGUARD PORTFOLIO MANAGEMENT LLC | ≈2.69%14.8M shares |
TWO SIGMA INVESTMENTS, LP | ≈2.24%12.33M shares |
DIMENSIONAL FUND ADVISORS LP | ≈1.70%9.37M shares |
GEODE CAPITAL MANAGEMENT, LLC | ≈1.49%8.19M shares |
ProShare Advisors LLC | ≈1.39%7.63M shares |
MORGAN STANLEY | ≈1.12%6.19M shares |
NORGES BANK | ≈1.04%5.7M shares |
GOLDMAN SACHS GROUP INC | ≈0.98%5.37M shares |
Nuveen, LLC | ≈0.78%4.3M shares |
MAIRS & POWER INC | ≈0.62%3.4M shares |
NORTHERN TRUST CORP | ≈0.48%2.66M shares |
Epoch Investment Partners, Inc. | ≈0.45%2.46M shares |
CHARLES SCHWAB INVESTMENT MANAGEMENT INC | ≈0.43%2.34M shares |
FIRST TRUST ADVISORS LP | ≈0.42%2.32M shares |
Vest Financial, LLC | ≈0.42%2.29M shares |
UBS Group AG | ≈0.41%2.24M shares |
Percentages use 550.31M shares of this listed class outstanding on May 24, 2026. ≈ compares the latest reported holding with a share total from a different date; it is not a confirmed current stake.
Gray completes the 100% scale. Reported positions may overlap; holders have different reporting dates.
| Transaction | Insider | Type | Shares | Price | Value | Owned after |
|---|---|---|---|---|---|---|
| Dec 11, 2025Form 4 | Murano Elsa ADirector | SellCommon Stock | 13.4K | $24.00 | $321.6K | 82.1K |
| Mar 27, 2025Form 4 | Murano Elsa ADirector | SellCommon Stock | 4.5K | $30.40 | $136.8K | 95.5K |
| Dec 6, 2024Form 4 | LYKKEN STEVEN JGROUP VICE PRESIDENT | BuyCommon Stock · indirect | 4.9K | $32.47 | $159.2K | 7.1K |
| Sep 27, 2024Form 4 | LYKKEN STEVEN JGROUP VICE PRESIDENT | SellCommon Stock | 9.8K | $31.91 | $312.7K | 30.6K |
| Sep 18, 2024Form 4 | Myers Kevin LSENIOR VICE PRESIDENT | SellCommon Stock | 10.0K | $32.70 | $327.0K | 39.0K |
Hormel Foods ($HRL) signed a definitive agreement to acquire family-owned Brakebush for approximately $1.055 billion. The value-added chicken producer generated around $1.2 billion of sales over the latest twelve months and operates five pr ...