Hormel Foods Corporation

HRL Consumer Defensive Packaged Foods

Hormel Foods Corporation’s revenue for fiscal 2025 (year ended October 2025) was $12.1 billion, up 1.55% from fiscal 2024. In the quarter to July 2026, revenue fell 2.36%, EPS fell 66.7%, free cash flow grew 107.2% and total debt was flat, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years; insiders bought in the last twelve months.

20.40 0.21 +1.04%
Market cap
$11.1B
P/E
32.4×
Fwd P/E
16.1×
Dividend yield
5.74%
F-score
5/9
Altman Z
3.32
Beneish M
−2.58
Dividend safety
35/100

Hormel Foods Corporation (HRL) Gross margin

Alert me on 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

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Annual newest first

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 newest first

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 7

Gross margin against peers

Company Gross margin
MKC McCormick & Company, Incorporated compare 39.1%
SJM The J. M. Smucker Company compare 38.7%
GIS General Mills, Inc. compare 33.6%
DAR Darling Ingredients Inc. compare 26.3%
LW Lamb Weston compare 19.4%
HRL Hormel Foods Corporation 15.7%
SFD Smithfield Foods, Inc. compare 13.4%
JBS JBS N.V. compare 11.8%
MICC The Magnum Ice Cream Company N.V. compare —
Packaged Foods industry median 27.5%
Consumer Defensive sector median 34.8%
Market median 46.2%

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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