Hormel Foods Corporation HRL

19.71 (0.13) (0.66%) as of 25 Sep
Market cap
$11.0B
P/E
31.3×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

Hormel Foods Corporation (HRL) Gross margin

Hormel Foods Corporation's gross margin over the twelve months to 31 July 2026 was 15.7%, up 0.1 percentage points from fiscal 2025 (15.6%). Over the past ten years it has ranged from 15.6% (fiscal 2025) to 22.7% (fiscal 2016) — the current reading is the lowest in ten years. That is below the Packaged Foods industry median of 27.5% and below the Consumer Defensive sector median of 34.8%.

Gross margin, annual

Annual

Period Gross margin Change (points)
FY2025 15.6% (1.33)
FY2024 17.0% 0.45
FY2023 16.5% (0.86)
FY2022 17.4% 0.44
FY2021 16.9% (2.07)
FY2020 19.0% (0.84)
FY2019 19.8% (0.90)
FY2018 20.7% (1.04)
FY2017 21.8% (0.88)
FY2016 22.7% 3.14

Quarterly

Period Gross margin Change (points)
Jul 2026 15.9% (1.52)
Apr 2026 17.4% 1.93
Jan 2026 15.5% 1.55
Oct 2025 14.0% (2.11)
43 more quarters

Against its own ten years

Low 15.6% High 22.7%
Ten-year median 19.0%
Current reading's percentile 9

Gross margin against peers

Company Gross margin
SJM The J. M. Smucker Company compare 38.7%
MKC McCormick & Company, Incorporated compare 38.6%
DAR Darling Ingredients Inc. compare 26.3%
CAG Conagra Brands compare 23.9%
HRL Hormel Foods Corporation 15.7%
SFD Smithfield Foods, Inc. compare 13.4%
JBS JBS N.V. compare 11.8%
PPC Pilgrim's Pride Corporation compare 9.62%
MICC The Magnum Ice Cream Company N.V. compare —
Packaged Foods industry median 27.5%
Consumer Defensive sector median 34.8%
Market median 46.3%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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