Hormel Foods ROA - Return on Assets 2010-2024 | HRL
- Hormel Foods average return on assets for 2023 was 6.75, a 12.11% decline from 2022.
- Hormel Foods average return on assets for 2022 was 7.68, a 11.42% decline from 2021.
- Hormel Foods average return on assets for 2021 was 8.67, a 21.75% decline from 2020.
Roa - 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.