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Hormel Foods HRL Gross Profit

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Other financials

Income statement

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Revenue$3.0B+2.5%
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$13.88B+11.2%
Enterprise value$15.93B
P/E19.8×
P/S1.1×

Profitability

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Gross margin15.7%-0.8pp
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.

The source filing: Hormel Foods’s 10-Q, filed May 28, 2026.

Filed
May 28, 2026, 2:14 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000048465-26-000026
In thousands, except per share amountsQuarter Ended / April 26, 2026Quarter Ended / April 27, 2025Six Months Ended / April 26, 2026Six Months Ended / April 27, 2025
Net Sales$2,972,600$2,898,810$5,999,917$5,887,623
Cost of Products Sold2,454,0932,414,3775,011,8354,927,957
Gross Profit518,507484,433988,082959,666
Selling, General, and Administrative318,624251,432560,322514,445
Equity in Earnings of Affiliates17,22915,35033,04931,461
Operating Income217,112248,352460,809476,682
Interest Income6,4796,17613,00713,719
Interest Expense19,82219,51639,55038,977

Item 1. FINANCIAL STATEMENTS

FAQ

What is Hormel Foods's gross profit?
Hormel Foods (HRL) reported gross profit of $518.51M in Q1 2026.
How has Hormel Foods's gross profit changed year-over-year?
Hormel Foods's gross profit increased by 7.0% year-over-year, from $484.43M to $518.51M.
What is the long-term trend for Hormel Foods's gross profit?
Over 4 years (2021 to 2025), Hormel Foods's gross profit has grown at a -0.5% compound annual growth rate (CAGR), from $1.93B to $1.89B.
What does gross profit mean?
Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.

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