CEO Total Pay
$8.1M
FY2024 Summary Compensation, below median
HRL FY2024 SEC EDGAR DEF 14A
Hormel Foods Corp /de/ CEO pay ratio
The CEO earned $8.1M in FY2024 against median worker pay of $57,789 · Food & Beverages.
- State
- DE
- Filing date
- 2025-12-17
- Industry
- Food & Beverages
- Fiscal year
- FY2024
Data updated August 2026
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CEO-to-worker pay ratio
141:1
Moderate (Scale: 0–1000:1)
CEO pay
$8.1M
Median worker
$57,789
Latest filing FY2024. This company's newest DEF 14A on file is for FY2024, not FY2025, so the figures on this page are from that earlier year and are not ranked against the FY2025 industry benchmark. Industry pages mark issuers like this one with a "Latest filing" label.
Answer first
Hormel Foods Corp /de/ reported a 141:1 CEO-to-worker pay ratio in FY2024 - at or below the Food & Beverages median of 141:1 across 27 filers.
Figures come from Section 953(b) Dodd-Frank DEF 14A disclosures - not estimates. View all Food & Beverages companies.
- Pay ratio
- 141:1
- FY2024 disclosed
- CEO total
- $8.1M
- Summary Compensation Table total
- Median worker
- $57,789
- Dodd-Frank median employee
Ratio bands among Food & Beverages peers
Exclusive CEO-to-median-worker bands across 24 complete latest-FY filings in SIC 20. Segments sum to the peer set, not this company's compensation pillar.
CEO Compensation Breakdown, FY2024
A component-level pay breakdown is not reported in Hormel Foods Corp /de/'s structured SEC pay-ratio disclosure. See our methodology →
Filing-year trail · Hormel Foods Corp /de/
Complete DEF 14A pay-ratio filings for this CIK across FY2021–2024. Year-over-year deltas compare adjacent filing years only; incomplete dollar rows are omitted (same completeness gate as the hero figures).
- Latest ratio
- 141:1
- FY2024
- vs prior FY
- -7:1
- from FY2023 148:1
- CEO $ YoY
- +0.2%
- $8.1M latest
- Filings shown
- 4
- FY2021–2024
| FY | CEO pay | Δ pay | Median worker | Pay ratio | Δ ratio |
|---|---|---|---|---|---|
| 2021 | $9.5M | - | $50,369 | 188:1 | - |
| 2022 | $6.8M | -28% | $52,099 | 130:1 | -58:1 |
| 2023 | $8.1M | +20% | $54,929 | 148:1 | +18:1 |
| 2024 | $8.1M | +0.2% | $57,789 | 141:1 | -7:1 |
Source: SEC EDGAR DEF 14A pay-ratio disclosures for CIK 48465, FY2021–2024. Adjacent-year deltas only.
Industry Comparison - Food & Beverages
This Company's Ratio
141:1
Industry Median Ratio
141:1
Industry Median CEO Pay
$9.4M
This CEO's Pay
$8.1M
Companies in Industry
27
vs. Industry Median
Below
Hormel Foods Corp /de/: MID · HEAVY pay ratio
Hormel Foods Corp /de/ disclosed 141:1 CEO-to-worker pay and $8.1M CEO total in FY2024. the CEO earned 141× the median employee ($57,789) in FY2024.
Median employee $57,789 (PAR-MED); MID · HEAVY stamps put about 141 median-wage years per CEO year.
Pay Ratio
141:1
Near industry median
What FY2024 shows for Hormel Foods Corp /de/
Hormel Foods Corp /de/ disclosed 141:1 CEO-to-worker pay and $8.1M CEO total in FY2024. The structured pay-ratio disclosure reports the total without line-item components. Food & Beverages (SIC 20) median ratio is 141:1 across 27 FY2025 filers; Hormel Foods Corp /de/'s $8.1M CEO total is at or below the $9.4M industry median CEO pay.
Hormel Foods Corp /de/ stamps MID · HEAVY · PAR-MED; grant-date fair value (not realized pay) is what the DEF 14A reports. Open Food & Beverages peers.
Key Data, FY2024
- Total Compensation
- $8.1M
- Median Employee Pay
- $57,789
- Pay Ratio
- 141:1
- Filing Date
- 2025-12-17
Company Info
- Ticker
- HRL
- CIK
- 48465
- Industry
- Food & Beverages
- SIC Code
- 2011
- State
- DE
SEC EDGAR DEF 14A for CIK 48465, FY2024. Informational only, not investment advice. Verify on EDGAR.
Read our methodology - how this data is sourced, computed, and verified. Hormel Foods Corp /de/ disclosed 141:1 CEO-to-worker pay and $8.1M CEO total in FY2024.
Read with Hormel Foods Corp /de/
ABS(ceo_total_comp) peers first, then a SIC pole and a stamp-branched guide - not a fixed Related strip. This page stamps MID · HEAVY · PAR-MED.
Green Dot Corp · HEAVY
ABS(ceo_total_comp) peer at $8.1M (Δ $3K lighter vs Hormel Foods Corp /de/); MID · HIGH-MED vs this page's MID · HEAVY · PAR-MED.
Southwest Gas Holdings, Inc. · HEAVY
ABS(ceo_total_comp) peer at $8.2M (Δ $5K heavier vs Hormel Foods Corp /de/); MID · HIGH-MED vs this page's MID · HEAVY · PAR-MED.
Green Brick Partners, Inc. · HEAVY
ABS(ceo_total_comp) peer at $8.1M (Δ $23K lighter vs Hormel Foods Corp /de/); MODEST · ELITE-MED vs this page's MID · HEAVY · PAR-MED.
Shoals Technologies Group, Inc. · HEAVY
ABS(ceo_total_comp) peer at $8.1M (Δ $28K lighter vs Hormel Foods Corp /de/); MID · PAR-MED vs this page's MID · HEAVY · PAR-MED.
Food & Beverages benchmark
Hormel Foods Corp /de/ stamps MID · HEAVY · PAR-MED inside SIC 20 - open the industry median board after the ABS peers.
Pay-ratio rankings · MID
See where MID · HEAVY packages sit on the national leaderboard after reading Hormel Foods Corp /de/.
Comp structure · HEAVY
Hormel Foods Corp /de/'s HEAVY CEO total is equity-sensitive - read what grant-date fair value does and does not mean.
Data sourced from SEC EDGAR DEF 14A for Hormel Foods Corp /de/ (CIK 48465), FY2024. See our methodology. Aggregated by PlainCEOPay as of August 2026.
Data currency: Executive compensation from SEC EDGAR DEF 14A proxy statements through fiscal year 2025, compiled and last refreshed August 2026. See our methodology for source dates and refresh cadence. Spot a figure that looks wrong? Report a correction.