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Hormel Foods HRL Gross margin

Gross margin at other companies

The J.M. Smucker Company logo
The J.M. Smucker CompanySJM
33.5%-5.3pp
Tyson Foods logo
Tyson FoodsTSN
6.5%-0.2pp
The Kraft Heinz Company logo
The Kraft Heinz CompanyKHC
33.9%-0.7pp
General Mills logo
General MillsGIS
33%-2.3pp
PFG
Performance Food GroupPFGC
11.9%+0.2pp
McCormick & Company, Incorporated logo
McCormick & Company, IncorporatedMKC
37.9%-0.6pp

Other financials

Income statement

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Revenue$3.0B+2.5%
Gross profit$518.5M+7.0%
Operating income$217.1M-12.6%
Net income$157.5M-12.5%
EPS (diluted)$0.29-12.1%

Balance sheet

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Cash & equivalents$826.8M+23.5%
Total debt$2.9B-0.2%
Total equity$7.9B-1.0%
Total assets$13.3B-0.6%

Cash flow

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Operating cash flow$178.9M+217%
CapEx$82.2M+9.4%
Free cash flow$96.8M

Valuation

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Market cap$13.3B
Enterprise value$15.35B
P/E18.9×
P/S1.1×

Profitability

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Operating margin5.8%-2.7pp
Net margin6.3%-0.3pp
FCF margin5.7%-0.3pp

Returns & leverage

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Return on equity9.5%-0.6pp
Debt / equity0.4×0.0×
Current ratio1.9×-0.5×

Where this comes from

Calculated from Hormel Foods’s reported figures.

Based on trailing twelve months.

The official record: Hormel Foods’s 10-Q, filed May 28, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Hormel Foods's gross margin?
Hormel Foods (HRL) reported gross margin of 15.7% in Q1 2026.
How has Hormel Foods's gross margin changed year-over-year?
Hormel Foods's gross margin decreased by 4.8% year-over-year, from 16.5% to 15.7%.
What is the long-term trend for Hormel Foods's gross margin?
Over 5 years (2020 to 2025), Hormel Foods's gross margin has grown at a -3.8% compound annual growth rate (CAGR), from 19% to 15.6%.
What does gross margin mean?
How much of every sales dollar is left after the direct cost of what was sold.
How do you interpret gross margin?
Higher and stable gross margins indicate pricing power and a durable cost structure. A declining trend signals input-cost pressure, pricing competition, or a shift toward lower-margin products.
How does gross margin compare across companies?
Highly comparable within an industry, less so across industries — software runs 70%+ while distributors run in single digits. Track the trend more than the absolute level across sectors.