Hormel Foods (HRL) Gross Margin (2009 - 2026)
Hormel Foods (HRL) posted Gross Margin of 15.92% for fiscal Q3 2026 (quarter ended Jul 26, 2026), down 0.15 percentage points from 16.07% a year earlier and down 1.52 percentage points from the prior quarter.
Hormel Foods (HRL) Gross Margin (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jul 26, 2026, Gross Margin at Hormel Foods was 15.68%, down 0.64 percentage points year-over-year; for FY2025 (ended Oct 26, 2025), it was 15.63%, down 1.34 percentage points from FY2024.
- Annual Gross Margin shows a five-year change of -3.38 percentage points (FY2020 to FY2025).
- In prior fiscal years, Hormel Foods' Gross Margin was 16.96% in FY2024 (+0.45 pp), 16.51% in FY2023 (-0.86 pp), 17.37% in FY2022 (+0.44 pp) and 16.93% in FY2021 (-2.07 pp).
- Quarterly Gross Margin has run from a low of 13.96% in fiscal Q4 2025 to a high of 17.87% in fiscal Q2 2022 over five years.
- On a year-over-year basis, Gross Margin increased in two of the last eight quarters, with an average year-over-year change of -0.56 percentage points.
- The strongest year-over-year quarter for Gross Margin in the past five years was fiscal Q3 2022, with a gain of 1.89 percentage points; the weakest was fiscal Q4 2025, with a drop of 2.65 percentage points.
- According to Business Quant data, Gross Margin for the three prior fiscal quarters was 17.44% (Q2 2026), 15.51% (Q1 2026) and 13.96% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Unilever | 136.33 Bn | 111.70 Bn | - | - |
| 2 | Mondelez International | 76.81 Bn | 70.13 Bn | 3.99 Bn | 42.61% |
| 3 | Hershey | 33.25 Bn | 29.49 Bn | 1.26 Bn | 45.32% |
| 4 | Kraft Heinz | 27.93 Bn | 14.46 Bn | 2.03 Bn | 32.39% |
| 5 | General Mills | 17.97 Bn | 15.62 Bn | 1.49 Bn | 33.88% |
| 6 | Mccormick | 13.05 Bn | 12.93 Bn | 778.20 Mn | 40.18% |
| 7 | J M Smucker | 12.89 Bn | 12.67 Bn | 979.60 Mn | 44.14% |
| 8 | Hormel Foods | 10.99 Bn | 7.67 Bn | 471.52 Mn | 15.92% |
| 9 | Chewy | 7.48 Bn | 4.77 Bn | 1.01 Bn | 30.36% |
| 10 | Conagra Brands | 6.78 Bn | 5.76 Bn | 704.10 Mn | 24.43% |
Historic Data
| Date | Value |
|---|---|
| Jul 26, 2026 | 15.92% |
| 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% |
Hormel Foods Gross Margin 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=gross-margin&ticker=HRL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "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=gross-margin&ticker=HRL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();