Hormel Foods (HRL) Return on Capital Employed [ROCE] (2010 - 2026)
Hormel Foods (HRL) posted Return on Capital Employed [ROCE] of 5.01% for fiscal Q3 2026 (quarter ended Jul 26, 2026), down 3.33 percentage points from 8.35% a year earlier and down 1.08 percentage points from the prior quarter.
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Analysis
Hormel Foods (HRL) Return on Capital Employed [ROCE] (2010 - 2026) Analysis & Trends
For FY2025 (ended Oct 26, 2025), Hormel Foods' Return on Capital Employed [ROCE] came in at 5.97%, down 2.90 percentage points from FY2024.
- Annual Return on Capital Employed [ROCE] has declined for three consecutive fiscal years, with a five-year change of -8.69 percentage points (FY2020 to FY2025).
- In prior fiscal years, Hormel Foods' Return on Capital Employed [ROCE] was 8.87% in FY2024 (-0.82 pp), 9.69% in FY2023 (-1.70 pp), 11.39% in FY2022 (+0.03 pp) and 11.35% in FY2021 (-3.31 pp).
- The fiscal Q3 2026 figure stands as the lowest quarterly Return on Capital Employed [ROCE] in data going back to fiscal Q4 2010.
- On a year-over-year basis, Return on Capital Employed [ROCE] has declined in each of the last 14 quarters, with an average year-over-year change of -1.67 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Return on Capital Employed [ROCE] in the past five years was fiscal Q4 2022, with a gain of 1.06 percentage points; the weakest was fiscal Q3 2026, with a drop of 3.33 percentage points.
- According to Business Quant data, Return on Capital Employed [ROCE] for the three prior fiscal quarters was 6.10% (Q2 2026), 6.07% (Q1 2026) and 5.96% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Unilever | 130.23 Bn | 105.59 Bn | - | - |
| 2 | Mondelez International | 74.27 Bn | 67.59 Bn | 3.99 Bn | 8.97% |
| 3 | Hershey | 32.39 Bn | 28.63 Bn | 1.26 Bn | 20.49% |
| 4 | Kraft Heinz | 26.34 Bn | 12.87 Bn | 2.03 Bn | -4.62% |
| 5 | General Mills | 17.12 Bn | 14.77 Bn | 1.49 Bn | -0.89% |
| 6 | J M Smucker | 12.52 Bn | 12.30 Bn | 979.60 Mn | 5.93% |
| 7 | Mccormick | 12.03 Bn | 11.67 Bn | 794.90 Mn | 8.50% |
| 8 | Hormel Foods | 11.14 Bn | 7.83 Bn | 471.52 Mn | 5.01% |
| 9 | Chewy | 7.29 Bn | 4.58 Bn | 1.01 Bn | 24.87% |
| 10 | Conagra Brands | 6.38 Bn | 5.69 Bn | 618.70 Mn | -11.84% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 26, 2026 | 5.01% |
| Apr 26, 2026 | 6.10% |
| Jan 25, 2026 | 6.07% |
| Oct 26, 2025 | 5.96% |
| Jul 27, 2025 | 8.35% |
| Apr 27, 2025 | 8.34% |
| Jan 26, 2025 | 8.37% |
| Oct 27, 2024 | 8.99% |
| Jul 28, 2024 | 8.47% |
| Apr 28, 2024 | 8.89% |
| Jan 28, 2024 | 9.51% |
| Oct 29, 2023 | 9.64% |
| Jul 30, 2023 | 10.58% |
| Apr 30, 2023 | 10.37% |
| Jan 29, 2023 | 10.76% |
| Oct 30, 2022 | 11.17% |
| Jul 31, 2022 | 11.13% |
| May 1, 2022 | 10.61% |
| Jan 30, 2022 | 10.35% |
| Oct 31, 2021 | 10.11% |
API Access
Hormel Foods Return on Capital Employed [ROCE] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-capital-employed-%5Broce%5D&ticker=HRL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "HRL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=return-on-capital-employed-%5Broce%5D&ticker=HRL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();