Hormel Foods (HRL) Operating Margin (2009 - 2026)
Hormel Foods (HRL) reported Operating Margin of 8.05% for Q1 2026, up 41.0% year-over-year from 5.71% in Q1 2025, and up 11701.36% on a QoQ basis from 0.07% in Q4 2025.
Hormel Foods (HRL) Operating Margin (2009 - 2026) Analysis & Trends
Hormel Foods (HRL) has 18 years of Operating Margin data on file, last reported at 8.05% in Q1 2026.
- Quarterly Operating Margin rose 41.0% year-over-year to 8.05% in Q1 2026, while the trailing twelve-month figure through Jan 2026 was 6.04% (down 245.0% YoY) and the FY2025 annual result came in at 5.94%, down 302.0% from the prior year.
- Operating Margin grew to 8.05% in Q1 2026 per HRL's latest filing, from 0.07% in the prior quarter.
- Across five years, Operating Margin topped out at 11.18% in Q4 2022 and bottomed at 0.07% in Q4 2025.
- The 5-year median for Operating Margin is 8.74% (2024), against an average of 8.56%.
- The widest annual swing landed in 2022, when Operating Margin surged 235 bps; it then slumped 932 bps in 2025.
- Tracing HRL's Operating Margin over 5 years: stood at 11.18% in 2022, then dropped by 24 bps to 8.44% in 2023, then climbed by 11 bps to 9.38% in 2024, then slumped by 99 bps to 0.07% in 2025, then jumped by 11701 bps to 8.05% in 2026.
- Per Business Quant, the three latest HRL Operating Margin figures stand at 8.05% (Q1 2026), 0.07% (Q4 2025), and 7.9% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Paranovus Entertainment Technology | 94,654.50 Bn | 94,654.50 Bn | - | - |
| 2 | Kraft Heinz | 28.03 Bn | 23.95 Bn | 2.22 Bn | 18.94% |
| 3 | Jbs | 19.23 Bn | 14.67 Bn | 2.32 Bn | 2.24% |
| 4 | General Mills | 18.04 Bn | 17.27 Bn | 1.37 Bn | 11.82% |
| 5 | Hormel Foods | 12.87 Bn | 11.99 Bn | 518.51 Mn | 7.30% |
| 6 | Mccormick | 12.46 Bn | 12.86 Bn | 708.90 Mn | 12.14% |
| 7 | Magnum Ice Cream | 11.56 Bn | 11.08 Bn | - | - |
| 8 | J M Smucker | 10.74 Bn | 10.69 Bn | 827.80 Mn | -23.44% |
| 9 | Smithfield Foods | 10.23 Bn | 9.16 Bn | 511.00 Mn | 8.76% |
| 10 | Darling Ingredients | 9.59 Bn | 9.63 Bn | 404.92 Mn | 14.62% |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 26, 2026 | 7.30% |
| Jan 25, 2026 | 8.05% |
| Oct 26, 2025 | 0.07% |
| Jul 27, 2025 | 7.90% |
| Apr 27, 2025 | 8.57% |
| Jan 26, 2025 | 7.64% |
| Oct 27, 2024 | 9.38% |
| Jul 28, 2024 | 8.17% |
| Apr 28, 2024 | 8.74% |
| Jan 28, 2024 | 9.49% |
| Oct 29, 2023 | 8.44% |
| Jul 30, 2023 | 7.31% |
| Apr 30, 2023 | 9.93% |
| Jan 29, 2023 | 9.74% |
| Oct 30, 2022 | 11.18% |
| Jul 31, 2022 | 9.59% |
| May 1, 2022 | 10.81% |
| Jan 30, 2022 | 10.50% |
| Oct 31, 2021 | 10.35% |
| Jul 25, 2021 | 7.25% |