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) 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 1.81%.

Operating margin, annual

Annual

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

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

Against its own ten years

Low 5.06% High 14.4%
Ten-year median 11.8%
Current reading's percentile 9

Operating margin against peers

Company Operating margin
MKC McCormick & Company, Incorporated compare 14.9%
DAR Darling Ingredients Inc. compare 14.5%
SJM The J. M. Smucker Company compare 9.02%
SFD Smithfield Foods, Inc. compare 8.62%
PPC Pilgrim's Pride Corporation compare 5.02%
JBS JBS N.V. compare 3.57%
HRL Hormel Foods Corporation 3.47%
CAG Conagra Brands compare −14.4%
MICC The Magnum Ice Cream Company N.V. compare —
Packaged Foods industry median 0.00%
Consumer Defensive sector median 1.81%
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

The full definition of Operating margin →

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