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

Hormel Foods (HRL) has reported Gross Margin for 18 consecutive years, with 15.92% the latest figure, recorded in Q3 2026.

• On a quarterly basis, Gross Margin fell 15.0% year-over-year to 15.92% in Q3 2026; TTM through Jul 2026 was 15.68%, a 64.0% decrease from a year earlier, with the FY2025 full-year figure at 15.63%, down 134.0% from the prior year.
• Gross Margin was 15.92% for Q3 2026 at Hormel Foods, down from 17.44% 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 16.58% and a median of 16.69% in 2023 frame the typical range for Gross Margin.
• Across the five-year window, Gross Margin surged 189 bps in 2022 and plunged 265 bps in 2025, its largest moves.
• Over 5 years, Gross Margin stood at 17.25% in 2022, then dropped by 7 bps to 16.09% in 2023, then increased by 3 bps to 16.61% in 2024, then decreased by 16 bps to 13.96% in 2025, then rose by 14 bps to 15.92% in 2026.
• The last three Gross Margin figures came in at 15.92% (Q3 2026), 17.44% (Q2 2026), and 15.51% (Q1 2026), per Business Quant data.