• Hormel Foods average return on equity for 2023 was 11.82, a 13.47% decline from 2022.
• Hormel Foods average return on equity for 2022 was 13.66, a 1.04% decline from 2021.
• Hormel Foods average return on equity for 2021 was 13.52, a 12.21% increase from 2020.

Roe - 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.