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.
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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
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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 | Free account |
Against its own ten years
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
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- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
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- The full statement