Hormel Foods (HRL) Cost of Revenue (2009 - 2026)
Hormel Foods' Cost of Revenue was $2.49 billion in fiscal Q3 2026 (quarter ended Jul 26, 2026), down 2.2% from $2.55 billion a year earlier but up 1.5% from the prior quarter.
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Analysis
Hormel Foods (HRL) Cost of Revenue (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Hormel Foods' Cost of Revenue was $10.24 billion through Jul 26, 2026, up 1.5% year-over-year; for FY2025 (ended Oct 26, 2025), it was $10.21 billion, up 3.2% from FY2024.
- Cost of Revenue shows a five-year compound annual growth rate of 5.6% (FY2020 to FY2025).
- In earlier fiscal years, Cost of Revenue was $9.9 billion in FY2024 (-2.1%), $10.11 billion in FY2023 (-1.8%), $10.29 billion in FY2022 (+8.8%) and $9.46 billion in FY2021 (+21.5%).
- Quarterly Cost of Revenue has moved between $2.38 billion (fiscal Q2 2024) and $2.88 billion (fiscal Q4 2021) over five years.
- Compared with a year earlier, Cost of Revenue was higher in six of the last eight quarters, with growth averaging 1.4%.
- The best year-over-year quarter for Cost of Revenue over five years was fiscal Q4 2021 (growth of 46.6%); the worst was fiscal Q4 2022 (a decline of 5.5%).
- Per Business Quant data, HRL's Cost of Revenue in the three fiscal quarters before Q3 2026 was $2.45 billion (Q2 2026), $2.56 billion (Q1 2026) and $2.74 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Unilever | 139.34 Bn | 90.80 Bn | - | - |
| 2 | Mondelez International | 80.33 Bn | 73.60 Bn | 3.99 Bn | 5.37 Bn |
| 3 | Hershey | 33.19 Bn | 29.44 Bn | 1.26 Bn | 1.52 Bn |
| 4 | Kraft Heinz | 26.86 Bn | 13.28 Bn | 2.03 Bn | 4.23 Bn |
| 5 | General Mills | 17.22 Bn | 14.87 Bn | 1.49 Bn | 2.90 Bn |
| 6 | J M Smucker | 13.01 Bn | 12.79 Bn | 979.60 Mn | 1.24 Bn |
| 7 | Mccormick | 12.02 Bn | 11.09 Bn | 794.90 Mn | 1.23 Bn |
| 8 | Hormel Foods | 10.90 Bn | 7.56 Bn | 471.52 Mn | 2.49 Bn |
| 9 | Chewy | 8.45 Bn | 5.74 Bn | 1.01 Bn | 2.32 Bn |
| 10 | Lamb Weston Holdings | 7.28 Bn | 6.91 Bn | 266.50 Mn | 1.40 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 26, 2026 | 2.49 Bn |
| Apr 26, 2026 | 2.45 Bn |
| Jan 25, 2026 | 2.56 Bn |
| Oct 26, 2025 | 2.74 Bn |
| Jul 27, 2025 | 2.55 Bn |
| Apr 27, 2025 | 2.41 Bn |
| Jan 26, 2025 | 2.51 Bn |
| Oct 27, 2024 | 2.62 Bn |
| Jul 28, 2024 | 2.41 Bn |
| Apr 28, 2024 | 2.38 Bn |
| Jan 28, 2024 | 2.49 Bn |
| Oct 29, 2023 | 2.68 Bn |
| Jul 30, 2023 | 2.47 Bn |
| Apr 30, 2023 | 2.49 Bn |
| Jan 29, 2023 | 2.48 Bn |
| Oct 30, 2022 | 2.72 Bn |
| Jul 31, 2022 | 2.53 Bn |
| May 1, 2022 | 2.54 Bn |
| Jan 30, 2022 | 2.51 Bn |
| Oct 31, 2021 | 2.88 Bn |
API Access
Hormel Foods Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=HRL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "HRL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=HRL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();