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.

Revenue
−2.36%
EPS
−66.7%
Free cash flow
+107.2%
Total debt
−0.06%

Quarter to July 2026, against a year earlier

21.94 0.66 −2.92%
Market cap
$12.4B
P/E
35.8×
Fwd P/E
16.8×
Dividend yield
5.19%
F-score
5/9
Altman Z
3.32
Beneish M
−2.58
Dividend safety
35/100

Hormel Foods Corporation (HRL) Operating margin

Alert me on 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 2.53% and above the Consumer Defensive sector median of 1.70%.

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

Against its own ten years

Low 5.06% High 14.4%
Ten-year median 11.8%
Current reading's percentile 2

Operating margin against peers

Company Operating margin
DAR Darling Ingredients Inc. compare 17.9%
MKC McCormick & Company, Incorporated compare 13.4%
SJM The J. M. Smucker Company compare 9.02%
LW Lamb Weston compare 7.80%
SFD Smithfield Foods, Inc. compare 7.59%
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 2.53%
Consumer Defensive sector median 1.70%
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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