Hormel Foods (HRL) Net Margin (2009 - 2026)
Hormel Foods' (HRL) quarterly Net Margin came in at 2.01% in Q3 2026, down 405.0% year-over-year from 0.66% in Q3 2025, and down 62.04% quarter-over-quarter from 5.29% in Q2 2026.
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Hormel Foods (HRL) Net Margin (2009 - 2026) Analysis & Trends
Hormel Foods (HRL) has reported Net Margin for 18 consecutive years, with 2.01% the latest figure, recorded in Q3 2026.
- On a quarterly basis, Net Margin fell 405.0% year-over-year to 2.01% in Q3 2026; TTM through Jul 2026 was 2.82%, a 343.0% decrease from a year earlier, with the FY2025 full-year figure at 3.95%, down 280.0% from the prior year.
- Net Margin was 2.01% for Q3 2026 at Hormel Foods, down from 5.29% in the prior quarter.
- Over five years, Net Margin peaked at 8.53% in Q4 2022 and troughed at 1.76% in Q4 2025.
- A 5-year average of 6.04% and a median of 6.2% in 2025 frame the typical range for Net Margin.
- Across the five-year window, Net Margin soared 103 bps in 2022 and slumped 877 bps in 2025, its largest moves.
- Over 5 years, Net Margin stood at 8.53% in 2022, then retreated by 28 bps to 6.11% in 2023, then rose by 15 bps to 7.01% in 2024, then slumped by 125 bps to 1.76% in 2025, then surged by 214 bps to 2.01% in 2026.
- The last three Net Margin figures came in at 2.01% (Q3 2026), 5.29% (Q2 2026), and 6.0% (Q1 2026), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 28.93 Bn | 26.25 Bn | 2.03 Bn | -87.19% |
| 2 | General Mills | 19.30 Bn | 18.85 Bn | 1.60 Bn | -43.20% |
| 3 | Mccormick | 13.76 Bn | 13.43 Bn | 778.20 Mn | 8.09% |
| 4 | J M Smucker | 12.92 Bn | 12.88 Bn | 979.60 Mn | 14.61% |
| 5 | Hormel Foods | 11.47 Bn | 10.60 Bn | 471.52 Mn | 2.01% |
| 6 | Chewy | 8.74 Bn | 8.22 Bn | 1.01 Bn | 2.82% |
| 7 | Conagra Brands | 7.04 Bn | 6.82 Bn | 704.10 Mn | -42.68% |
| 8 | Lamb Weston Holdings | 6.57 Bn | 6.50 Bn | 361.40 Mn | 6.07% |
| 9 | Campbell'S | 6.23 Bn | 5.83 Bn | 650.00 Mn | 5.24% |
| 10 | Post Holdings | 3.62 Bn | 3.36 Bn | 566.30 Mn | 3.26% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 26, 2026 | 2.01% |
| Apr 26, 2026 | 5.29% |
| Jan 25, 2026 | 6.00% |
| Oct 26, 2025 | -1.76% |
| Jul 27, 2025 | 6.06% |
| Apr 27, 2025 | 6.20% |
| Jan 26, 2025 | 5.71% |
| Oct 27, 2024 | 7.01% |
| Jul 28, 2024 | 6.10% |
| Apr 28, 2024 | 6.55% |
| Jan 28, 2024 | 7.30% |
| Oct 29, 2023 | 6.11% |
| Jul 30, 2023 | 5.49% |
| Apr 30, 2023 | 7.29% |
| Jan 29, 2023 | 7.33% |
| Oct 30, 2022 | 8.53% |
| Jul 31, 2022 | 7.21% |
| May 1, 2022 | 8.45% |
| Jan 30, 2022 | 7.87% |
| Oct 31, 2021 | 8.16% |