Growth Metrics

Hormel Foods (HRL) Gross Margin (2016 - 2026)

Hormel Foods (HRL) has disclosed Gross Margin for 18 consecutive years, with 15.51% as the latest value for Q1 2026.

  • On a quarterly basis, Gross Margin fell 39.0% to 15.51% in Q1 2026 year-over-year; TTM through Jan 2026 was 15.53%, a 116.0% decrease, with the full-year FY2025 number at 15.63%, down 134.0% from a year prior.
  • Gross Margin was 15.51% for Q1 2026 at Hormel Foods, up from 13.96% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 17.87% in Q2 2022 to a low of 13.96% in Q4 2025.
  • A 5-year average of 16.57% and a median of 16.69% in 2023 define the central range for Gross Margin.
  • Peak YoY movement for Gross Margin: soared 189bps in 2022, then plummeted -265bps in 2025.
  • Hormel Foods' Gross Margin stood at 17.25% in 2022, then fell by -7bps to 16.09% in 2023, then grew by 3bps to 16.61% in 2024, then dropped by -16bps to 13.96% in 2025, then rose by 11bps to 15.51% in 2026.
  • Per Business Quant, the three most recent readings for HRL's Gross Margin are 15.51% (Q1 2026), 13.96% (Q4 2025), and 16.07% (Q3 2025).