• Hormel Foods average return on investment for 2023 was 8.37, a 11.52% decline from 2022.
• Hormel Foods average return on investment for 2022 was 9.46, a 15.54% decline from 2021.
• Hormel Foods average return on investment for 2021 was 11.2, a 22.87% decline from 2020.

Roi - return on investment can be defined as an indicator of how profitable a company is relative to its assets invested by shareholders and long-term bond holders. Calculated by dividing a company's operating earnings by its long-term debt and shareholders equity.