Hormel Foods (HRL) Operating Income (2009 - 2026)
Hormel Foods (HRL) posted quarterly Operating Income of $217.1 million for Q2 2026, down 12.58% year-over-year from $248.4 million in Q2 2025, and down 10.91% quarter-over-quarter from $243.7 million in Q1 2026.
Hormel Foods (HRL) Operating Income (2009 - 2026) Analysis & Trends
Hormel Foods (HRL) has reported Operating Income for 18 consecutive years, with $217.1 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Operating Income fell 12.58% year-over-year to $217.1 million; the TTM figure through Apr 2026 stood at $702.7 million (down 30.27% YoY), while the FY2025 annual figure was $718.6 million, down 32.71% from the prior year.
- Operating Income declined to $217.1 million in Q2 2026 per HRL's latest filing, from $243.7 million in the prior quarter.
- Across five years, Operating Income topped out at $367.2 million in Q4 2022 and bottomed at $2.2 million in Q4 2025.
- Historically, Operating Income has averaged $257.3 million across 5 years, with a median of $261.2 million in 2023.
- Annual changes were most pronounced in 2022 — Operating Income jumped 40.27% — and 2025, when it plunged 99.26%.
- Hormel Foods' Operating Income stood at $367.2 million in 2022, then retreated by 26.45% to $270.0 million in 2023, then increased by 9.05% to $294.5 million in 2024, then slumped by 99.26% to $2.2 million in 2025, then surged by 9891.35% to $217.1 million in 2026.
- Business Quant data shows HRL's Operating Income at $217.1 million in Q2 2026, $243.7 million in Q1 2026, and $2.2 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 30.37 Bn | 27.69 Bn | 2.03 Bn | -6.43 Bn |
| 2 | General Mills | 21.49 Bn | 21.03 Bn | 1.60 Bn | -2.09 Bn |
| 3 | Mccormick | 14.93 Bn | 14.60 Bn | 778.20 Mn | 276.40 Mn |
| 4 | Jbs | 14.80 Bn | 11.34 Bn | 4.91 Bn | 1.08 Bn |
| 5 | J M Smucker | 13.21 Bn | 13.15 Bn | 862.10 Mn | 444.50 Mn |
| 6 | Hormel Foods | 13.14 Bn | 12.28 Bn | 518.51 Mn | 217.11 Mn |
| 7 | Magnum Ice Cream | 12.22 Bn | 11.50 Bn | - | - |
| 8 | Darling Ingredients | 10.40 Bn | 10.24 Bn | 503.37 Mn | 555.24 Mn |
| 9 | Smithfield Foods | 8.75 Bn | 7.40 Bn | 478.00 Mn | 290.00 Mn |
| 10 | Conagra Brands | 7.86 Bn | 7.64 Bn | 704.10 Mn | -1.66 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 26, 2026 | 217.11 Mn |
| Jan 25, 2026 | 243.70 Mn |
| Oct 26, 2025 | 2.17 Mn |
| Jul 27, 2025 | 239.75 Mn |
| Apr 27, 2025 | 248.35 Mn |
| Jan 26, 2025 | 228.33 Mn |
| Oct 27, 2024 | 294.48 Mn |
| Jul 28, 2024 | 236.69 Mn |
| Apr 28, 2024 | 252.32 Mn |
| Jan 28, 2024 | 284.44 Mn |
| Oct 29, 2023 | 270.04 Mn |
| Jul 30, 2023 | 216.76 Mn |
| Apr 30, 2023 | 295.80 Mn |
| Jan 29, 2023 | 289.45 Mn |
| Oct 30, 2022 | 367.16 Mn |
| Jul 31, 2022 | 291.04 Mn |
| May 1, 2022 | 334.73 Mn |
| Jan 30, 2022 | 319.68 Mn |
| Oct 31, 2021 | 357.68 Mn |
| Jul 25, 2021 | 207.48 Mn |