Hormel Foods profit margin HRL
Gross, operating and net profit as a share of revenue over the last twelve months, from 2010.
- Net margin, 12 months
- 2.8%
- Operating margin, 12 months
- 4.7%
- Net margin on a year earlier
- −3.4 pts
- Peer median
- 5.5%
Over the twelve months to Jul 26, 2026, Hormel Foods kept 2.8% of its revenue as net profit, with an operating margin of 4.7% and a gross margin of 15.7%.
Five years earlier its net margin was 8.3%.
The median for 10 packaged Foods stocks of a similar size is 5.5%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 4.0% | 5.9% | 15.6% |
| FY2024 | 6.8% | 9.0% | 17.0% |
| FY2023 | 6.6% | 8.9% | 16.5% |
| FY2022 | 8.0% | 10.5% | 17.4% |
| FY2021 | 8.0% | 9.9% | 16.9% |
| FY2020 | 9.5% | 11.5% | 19.0% |
| FY2019 | 10.3% | 12.6% | 19.8% |
| FY2018 | 10.6% | 12.4% | 20.7% |
| FY2017 | 9.2% | 14.0% | 21.9% |
| FY2016 | 9.3% | 13.9% | 22.7% |
| FY2015 | 7.4% | 11.5% | 19.5% |
| FY2014 | 6.5% | 10.0% | 16.8% |
| FY2013 | 6.0% | 9.2% | 16.1% |
| FY2012 | 6.1% | 9.3% | 16.2% |
| FY2011 | 6.0% | 9.4% | 16.9% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q3 FY26 | 2.8% | −3.4 pts | 4.7% | |
| Q2 FY26 | 3.8% | −2.4 pts | 5.8% | |
| Q1 FY26 | 4.0% | −2.3 pts | 6.0% | |
| Q4 FY25 | 4.0% | −2.8 pts | 5.9% | |
| Q3 FY25 | 6.3% | −0.3 pts | 8.4% | |
| Q2 FY25 | 6.3% | −0.1 pts | 8.5% | |
| Q1 FY25 | 6.4% | −0.2 pts | 8.5% | |
| Q4 FY24 | 6.8% | +0.2 pts | 9.0% | |
| Q3 FY24 | 6.5% | −0.7 pts | 8.7% | |
| Q2 FY24 | 6.4% | −1.2 pts | 8.5% | |
| Q1 FY24 | 6.5% | −1.3 pts | 8.8% | |
| Q4 FY23 | 6.6% | −1.5 pts | 8.9% |
Against its peers
Companies in Packaged Foods nearest Hormel Foods' size, closest first, today.
| Company | Profit margin |
|---|---|
| HRLHormel Foods | 2.8% |
| MKCMccormick | 19.4% |
| SJMJ M SMUCKER | 2.5% |
| LWLamb Weston | 3.8% |
| SFDSmithfield Foods | 6.8% |
| CPBCAMPBELL'S | 4.1% |
| INGRIngredion | 8.2% |
| KHCKraft Heinz | −13.6% |
| POSTPost | 3.5% |
| FRPTFreshpet | 17.3% |
| MZTIMarzetti | 9.9% |
| Peer median | 5.5% |
Where Hormel Foods ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Hormel Foods
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.