Hormel Foods (HRL) Gross Margin (2009 - 2026)
Hormel Foods (HRL) reported Gross Margin of 15.51% for Q1 2026, down 39.0% year-over-year from 25.43% in Q1 2025, and up 11.08% on a QoQ basis from 13.96% in Q4 2025.
Hormel Foods (HRL) has 18 years of Gross Margin data on file, last reported at 15.51% in Q1 2026.
- Quarterly Gross Margin fell 39.0% year-over-year to 15.51% in Q1 2026, while the trailing twelve-month figure through Jan 2026 was 15.53% (down 116.0% YoY) and the FY2025 annual result came in at 15.63%, down 134.0% from the prior year.
- Gross Margin grew to 15.51% in Q1 2026 per HRL's latest filing, from 13.96% in the prior quarter.
- Across five years, Gross Margin topped out at 17.87% in Q2 2022 and bottomed at 13.96% in Q4 2025.
- The 5-year median for Gross Margin is 16.69% (2023), against an average of 16.57%.
- The widest annual swing landed in 2022, when Gross Margin jumped 189 bps; it then sank 265 bps in 2025.
- Tracing HRL's Gross Margin over 5 years: stood at 17.25% in 2022, then slipped by 7 bps to 16.09% in 2023, then grew by 3 bps to 16.61% in 2024, then retreated by 16 bps to 13.96% in 2025, then rose by 11 bps to 15.51% in 2026.
- Per Business Quant, the three latest HRL Gross Margin figures stand at 15.51% (Q1 2026), 13.96% (Q4 2025), and 16.07% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Paranovus Entertainment Technology | 94,654.50 Bn | 94,654.50 Bn | - | - |
| 2 | Kraft Heinz | 28.03 Bn | 23.95 Bn | 2.22 Bn | 36.70% |
| 3 | Jbs | 19.23 Bn | 14.67 Bn | 2.32 Bn | 10.76% |
| 4 | General Mills | 18.04 Bn | 17.27 Bn | 1.37 Bn | 30.81% |
| 5 | Hormel Foods | 12.87 Bn | 11.99 Bn | 518.51 Mn | 17.44% |
| 6 | Mccormick | 12.46 Bn | 12.86 Bn | 708.90 Mn | 37.83% |
| 7 | Magnum Ice Cream | 11.56 Bn | 11.08 Bn | - | - |
| 8 | J M Smucker | 10.74 Bn | 10.69 Bn | 827.80 Mn | 35.39% |
| 9 | Smithfield Foods | 10.23 Bn | 9.16 Bn | 511.00 Mn | 13.45% |
| 10 | Darling Ingredients | 9.59 Bn | 9.63 Bn | 404.92 Mn | 26.11% |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 26, 2026 | 17.44% |
| Jan 25, 2026 | 15.51% |
| Oct 26, 2025 | 13.96% |
| Jul 27, 2025 | 16.07% |
| Apr 27, 2025 | 16.71% |
| Jan 26, 2025 | 15.90% |
| Oct 27, 2024 | 16.61% |
| Jul 28, 2024 | 16.85% |
| Apr 28, 2024 | 17.45% |
| Jan 28, 2024 | 16.98% |
| Oct 29, 2023 | 16.09% |
| Jul 30, 2023 | 16.81% |
| Apr 30, 2023 | 16.50% |
| Jan 29, 2023 | 16.69% |
| Oct 30, 2022 | 17.25% |
| Jul 31, 2022 | 16.68% |
| May 1, 2022 | 17.87% |
| Jan 30, 2022 | 17.70% |
| Oct 31, 2021 | 16.73% |
| Jul 25, 2021 | 14.78% |
| Apr 25, 2021 | 18.27% |
| Jan 24, 2021 | 18.29% |
| Oct 25, 2020 | 18.92% |
| Jul 26, 2020 | 17.74% |
| Apr 26, 2020 | 19.71% |
| Jan 26, 2020 | 19.64% |
| Oct 27, 2019 | 19.74% |
| Jul 28, 2019 | 18.92% |
| Apr 28, 2019 | 20.01% |
| Jan 27, 2019 | 20.69% |
| Oct 28, 2018 | 21.12% |
| Jul 29, 2018 | 19.29% |
| Apr 29, 2018 | 21.15% |
| Jan 28, 2018 | 21.37% |
| Oct 29, 2017 | 20.52% |
| Jul 30, 2017 | 20.50% |
| Apr 30, 2017 | 22.26% |
| Jan 29, 2017 | 24.22% |
| Oct 30, 2016 | 22.78% |
| Jul 24, 2016 | 20.64% |
| Apr 24, 2016 | 22.88% |
| Jan 24, 2016 | 24.34% |
| Oct 25, 2015 | 20.62% |
| Jul 26, 2015 | 18.71% |
| Apr 26, 2015 | 20.16% |
| Jan 25, 2015 | 18.56% |
| Oct 26, 2014 | 16.65% |
| Jul 27, 2014 | 15.93% |
| Apr 27, 2014 | 16.87% |
| Jan 26, 2014 | 17.78% |
| Oct 27, 2013 | 16.59% |
| Jul 28, 2013 | 15.30% |
| Apr 28, 2013 | 16.39% |
| Jan 27, 2013 | 16.26% |
| Oct 28, 2012 | 16.21% |
| Jul 29, 2012 | 15.29% |
| Apr 29, 2012 | 16.67% |
| Jan 29, 2012 | 16.54% |
| Oct 30, 2011 | 15.97% |
| Jul 31, 2011 | 15.59% |
| May 1, 2011 | 16.65% |
| Jan 30, 2011 | 19.46% |
| Oct 31, 2010 | 17.21% |
| Jul 25, 2010 | 16.46% |
| Apr 25, 2010 | 16.50% |
| Jan 24, 2010 | 18.43% |
| Oct 25, 2009 | 18.16% |
| Jul 26, 2009 | 16.53% |