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
DateValue
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%