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

Hormel Foods (HRL) has 18 years of Operating Margin data on file, last reported at 7.3% in Q2 2026.

• On a quarterly basis, Operating Margin fell 126.0% year-over-year to 7.3% in Q2 2026; TTM through Apr 2026 was 5.75%, a 270.0% decrease from a year earlier, with the FY2025 full-year figure at 5.94%, down 302.0% from the prior year.
• Operating Margin for Q2 2026 stood at 7.3%, down from 8.05% in the prior quarter.
• Over the last five years, Operating Margin for HRL reached as high as 11.18% in Q4 2022 and fell as low as 0.07% in Q4 2025.
• Historically, Operating Margin has averaged 8.49% across 5 years, with a median of 8.65% in 2025.
• Across the five-year window, Operating Margin surged 235 bps in 2022 and slumped 932 bps in 2025, its largest moves.
• Year by year, Operating Margin stood at 11.18% in 2022, then slipped by 24 bps to 8.44% in 2023, then advanced by 11 bps to 9.38% in 2024, then sank by 99 bps to 0.07% in 2025, then jumped by 10607 bps to 7.3% in 2026.
• Per Business Quant data, the three most recent Operating Margin figures were 7.3% in Q2 2026, 8.05% in Q1 2026, and 0.07% in Q4 2025.