Hormel Foods (HRL) Gross Margin (2009 - 2026)

Hormel Foods (HRL) reported Gross Margin of 17.44% for Q2 2026, up 73.0% year-over-year from 10.08% in Q2 2025, and up 12.45% quarter-over-quarter from 15.51% in Q1 2026.

Hormel Foods (HRL) Gross Margin (2009 - 2026) Analysis & Trends

Hormel Foods (HRL) has 18 years of Gross Margin data on file, last reported at 17.44% in Q2 2026.

  • Gross Margin for Q2 2026 came in at 17.44%, up 73.0% year-over-year; the trailing twelve-month figure through Apr 2026 was 15.72% (down 80.0% YoY), and the FY2025 annual result was 15.63%, down 134.0% from the prior year.
  • Gross Margin advanced to 17.44% in Q2 2026 per HRL's latest filing, from 15.51% in the prior quarter.
  • Over five years, Gross Margin peaked at 17.87% in Q2 2022 and troughed at 13.96% in Q4 2025.
  • A 5-year average of 16.61% and a median of 16.7% in 2023 frame the typical range for Gross Margin.
  • The sharpest annual moves came in 2022 and 2025: Gross Margin soared 189 bps in 2022, then tumbled 265 bps in 2025.
  • A 5-year view of Gross Margin shows it stood at 17.25% in 2022, then declined by 7 bps to 16.09% in 2023, then rose by 3 bps to 16.61% in 2024, then slipped by 16 bps to 13.96% in 2025, then increased by 25 bps to 17.44% in 2026.
  • Business Quant data shows HRL's Gross Margin at 17.44% in Q2 2026, 15.51% in Q1 2026, and 13.96% in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Paranovus Entertainment Technology 12,507.92 Bn 12,507.92 Bn - -
2 Kraft Heinz 27.05 Bn 22.98 Bn 2.22 Bn 36.70%
3 General Mills 17.93 Bn 17.16 Bn 1.37 Bn 30.81%
4 Jbs 13.56 Bn 8.99 Bn 2.32 Bn -
5 Hormel Foods 13.29 Bn 12.44 Bn 518.51 Mn 17.44%
6 Mccormick 12.45 Bn 12.85 Bn 708.90 Mn 37.83%
7 Magnum Ice Cream 11.94 Bn 11.47 Bn - -
8 J M Smucker 11.83 Bn 11.77 Bn 862.10 Mn 38.01%
9 Smithfield Foods 9.80 Bn 8.73 Bn 511.00 Mn 13.45%
10 Darling Ingredients 8.51 Bn 8.55 Bn 404.92 Mn 26.11%

Historic Data

Download Data
DateValue
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%