Hormel Foods (HRL) Net Margin (2009 - 2026)
Hormel Foods (HRL) reported Net Margin of 5.29% for Q2 2026, down 91.0% year-over-year from 58.83% in Q2 2025, and down 11.83% quarter-over-quarter from 6.0% in Q1 2026.
Hormel Foods (HRL) Net Margin (2009 - 2026) Analysis & Trends
Hormel Foods (HRL) has 18 years of Net Margin data on file, last reported at 5.29% in Q2 2026.
- Net Margin for Q2 2026 came in at 5.29%, down 91.0% year-over-year; the trailing twelve-month figure through Apr 2026 was 3.82% (down 245.0% YoY), and the FY2025 annual result was 3.95%, down 280.0% from the prior year.
- Net Margin fell to 5.29% in Q2 2026 per HRL's latest filing, from 6.0% 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 6.26% and a median of 6.38% in 2024 frame the typical range for Net Margin.
- The sharpest annual moves came in 2022 and 2025: Net Margin jumped 103 bps in 2022, then sank 877 bps in 2025.
- A 5-year view of Net Margin shows it stood at 8.53% in 2022, then decreased by 28 bps to 6.11% in 2023, then gained by 15 bps to 7.01% in 2024, then sank by 125 bps to 1.76% in 2025, then surged by 400 bps to 5.29% in 2026.
- Business Quant data shows HRL's Net Margin at 5.29% in Q2 2026, 6.0% in Q1 2026, and 1.76% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net 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 | 13.21% |
| 3 | General Mills | 17.93 Bn | 17.16 Bn | 1.37 Bn | 6.71% |
| 4 | Jbs | 13.56 Bn | 8.99 Bn | 2.32 Bn | - |
| 5 | Hormel Foods | 13.29 Bn | 12.44 Bn | 518.51 Mn | 5.29% |
| 6 | Mccormick | 12.45 Bn | 12.85 Bn | 708.90 Mn | -23.45% |
| 7 | Magnum Ice Cream | 11.94 Bn | 11.47 Bn | - | - |
| 8 | J M Smucker | 11.83 Bn | 11.77 Bn | 862.10 Mn | 17.11% |
| 9 | Smithfield Foods | 9.80 Bn | 8.73 Bn | 511.00 Mn | 6.61% |
| 10 | Darling Ingredients | 8.51 Bn | 8.55 Bn | 404.92 Mn | 8.84% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jul 25, 2021 | 6.18% |