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

Hormel Foods' (HRL) quarterly Net Margin came in at 5.29% in Q2 2026, down 91.0% year-on-year from 58.83% in Q2 2025, and down 11.83% on a QoQ basis 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.

  • On a quarterly basis, Net Margin fell 91.0% year-over-year to 5.29% in Q2 2026; TTM through Apr 2026 was 3.82%, a 245.0% decrease from a year earlier, with the FY2025 full-year figure at 3.95%, down 280.0% from the prior year.
  • Net Margin for Q2 2026 stood at 5.29%, down from 6.0% in the prior quarter.
  • Over the last five years, Net Margin for HRL reached as high as 8.53% in Q4 2022 and fell as low as 1.76% in Q4 2025.
  • Historically, Net Margin has averaged 6.26% across 5 years, with a median of 6.38% in 2024.
  • Across the five-year window, Net Margin surged 103 bps in 2022 and tumbled 877 bps in 2025, its largest moves.
  • Year by year, Net Margin stood at 8.53% in 2022, then declined by 28 bps to 6.11% in 2023, then grew by 15 bps to 7.01% in 2024, then slumped by 125 bps to 1.76% in 2025, then surged by 400 bps to 5.29% in 2026.
  • Per Business Quant data, the three most recent Net Margin figures were 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 Kraft Heinz 30.29 Bn 26.20 Bn 2.22 Bn 13.21%
2 General Mills 19.35 Bn 18.90 Bn 1.60 Bn -43.20%
3 Hormel Foods 13.90 Bn 13.04 Bn 518.51 Mn 5.29%
4 Mccormick 13.45 Bn 13.12 Bn 778.20 Mn 8.09%
5 Magnum Ice Cream 10.95 Bn 10.43 Bn - -
6 Smithfield Foods 10.34 Bn 8.95 Bn 511.00 Mn 6.61%
7 Darling Ingredients 9.92 Bn 9.80 Bn 404.92 Mn 8.84%
8 Oatly Group AB 8.23 Bn 8.23 Bn 76.34 Mn -5.26%
9 Conagra Brands 7.07 Bn 6.85 Bn 704.10 Mn -39.62%
10 Lamb Weston Holdings 6.87 Bn 6.81 Bn 331.60 Mn 3.28%

Historic Data

Download Data
DateValue
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%