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) Operating margin
Hormel Foods Corporation's operating margin over the twelve months to 31 July 2026 was 3.47%, down 1.6 percentage points from fiscal 2025 (5.06%). Over the past ten years it has ranged from 5.06% (fiscal 2025) to 14.4% (fiscal 2017) — the current reading is the lowest in ten years. That is above the Packaged Foods industry median of 0.00% and above the Consumer Defensive sector median of 1.55%.
Operating margin, annual
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Annual newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| FY2025 | 5.06% | (4.33) |
| FY2024 | 9.39% | 0.18 |
| FY2023 | 9.21% | (1.54) |
| FY2022 | 10.8% | 0.47 |
| FY2021 | 10.3% | (1.54) |
| FY2020 | 11.8% | (1.19) |
| FY2019 | 13.0% | 0.03 |
| FY2018 | 13.0% | (1.38) |
| FY2017 | 14.4% | 0.05 |
| FY2016 | 14.3% | 2.53 |
Quarterly newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| Jul 2026 | 2.49% | (5.39) |
| Apr 2026 | 7.88% | (0.69) |
| Jan 2026 | 8.57% | 13.16 |
| Oct 2025 | −4.59% | (12.86) |
| 43 more quarters | Free account |
Against its own ten years
Operating margin against peers
| Company | Operating margin |
|---|---|
| DAR Darling Ingredients Inc. compare | 14.5% |
| MKC McCormick & Company, Incorporated compare | 13.4% |
| SJM The J. M. Smucker Company compare | 9.02% |
| SFD Smithfield Foods, Inc. compare | 8.62% |
| LW Lamb Weston compare | 7.80% |
| JBS JBS N.V. compare | 3.57% |
| HRL Hormel Foods Corporation | 3.47% |
| GIS General Mills, Inc. compare | −1.13% |
| MICC The Magnum Ice Cream Company N.V. compare | — |
| Packaged Foods industry median | 0.00% |
| Consumer Defensive sector median | 1.55% |
| Market median | 0.00% |
What Operating margin is
EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.
EBIT ÷ Revenue
More on HRL
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross 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
- Altman Z-score
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- The full statement