Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the gross margin high or low?
The gross margin of 17.44% is in line with its 5-year average of 16.53%, near the high end of its 5-year range (13.96%–17.87%).
As of the fiscal period ended Sunday, April 26, 2026. 9.43% above its 12-month average of 15.94%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
17.44%
GROSS MARGIN AVG TTM
15.94%
GROSS MARGIN AVG 3Y
16.58%
GROSS MARGIN AVG 5Y
16.66%
GROSS MARGIN AVG 10Y
18.41%
GROSS MARGIN AVG 15Y
18.14%
GROSS MARGIN AVG 20Y
18.53%
CURRENT VS TTM AVG
+9.43%
CURRENT VS 3Y AVG
+5.23%
CURRENT VS 5Y AVG
+4.67%
CURRENT VS 10Y AVG
-5.27%
CURRENT VS 15Y AVG
-3.84%
CURRENT VS 20Y AVG
-5.88%
SECTOR MEDIAN · CONSUMER DEFENSIVE
35.73%
median of 48 covered companies
CURRENT VS SECTOR MEDIAN
-51.18%
vs the sector median at left
Hormel Foods Corporation
Market Cap
$13.92B
Gross Margin
17.44%
TTM Avg
15.94%
3Y Avg
16.58%
5Y Avg
16.66%
Market Cap
$13.43B
Gross Margin
38.62%
TTM Avg
38.22%
3Y Avg
37.45%
5Y Avg
38.40%
Market Cap
$12.65B
Gross Margin
33.53%
TTM Avg
36.16%
3Y Avg
35.81%
5Y Avg
36.04%
Market Cap
$12.16B
Gross Margin
60.54%
TTM Avg
59.74%
3Y Avg
59.73%
5Y Avg
60.04%
Market Cap
$10.33B
Gross Margin
13.44%
TTM Avg
13.43%
3Y Avg
10.54%
5Y Avg
10.53%
Market Cap
$19.23B
Gross Margin
33.44%
TTM Avg
33.49%
3Y Avg
34.32%
5Y Avg
33.85%
Market Cap
$7.68B
Gross Margin
37.83%
TTM Avg
38.28%
3Y Avg
37.02%
5Y Avg
37.75%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Hormel Foods Corporation (HRL) | $13.92B | 17.44% | 15.94% | 16.58% | 16.66% |
| McCormick & Company, Incorporated (MKC)vs › | $13.43B | 38.62% | 38.22% | 37.45% | 38.40% |
| The J. M. Smucker Company (SJM)vs › | $12.65B | 33.53% | 36.16% | 35.81% | 36.04% |
| Brown-Forman Corporation (BF-B)vs › | $12.16B | 60.54% | 59.74% | 59.73% | 60.04% |
| The Clorox Company (CLX)vs › | $11.55B | 43.85% | 44.10% | 40.84% | 42.09% |
| Smithfield Foods, Inc. (SFD)vs › | $10.33B | 13.44% | 13.43% | 10.54% | 10.53% |
| General Mills, Inc. (GIS)vs › | $19.23B | 33.44% | 33.49% | 34.32% | 33.85% |
| Molson Coors Beverage Company (TAP)vs › | $7.68B | 37.83% | 38.28% | 37.02% | 37.75% |
| Tyson Foods, Inc. (TSN)vs › | $20.45B | 6.55% | 6.67% | 7.71% | 9.53% |
| Conagra Brands, Inc. (CAG)vs › | $7.07B | 23.92% | 23.92% | 25.81% | 25.73% |
Gross Margin
17.4%
(Revenue - COGS) / Revenue
Gross Margin = Gross Profit / Revenue
Gross margin is the percentage of revenue remaining after the cost of goods sold, reflecting core product profitability.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | GROSS MARGIN |
|---|---|
| 2026-04-26 | 17.44% |
| 2026-01-25 | 15.51% |
| 2025-10-26 | 13.96% |
| 2025-07-27 | 16.07% |
| 2025-04-27 | 16.71% |
| 2025-01-26 | 15.90% |
| 2024-10-31 | 16.61% |
| 2024-07-28 | 16.85% |
| 2024-04-28 | 17.45% |
| 2024-01-28 | 16.98% |
| 2023-10-31 | 16.09% |
| 2023-07-30 | 16.81% |
| 2023-04-30 | 16.50% |
| 2023-01-29 | 16.69% |
| 2022-10-31 | 17.25% |
| 2022-07-31 | 16.68% |
| 2022-05-01 | 17.87% |
| 2022-01-30 | 17.70% |
| 2021-10-31 | 16.73% |
| 2021-07-25 | 14.78% |
| 2021-04-25 | 18.27% |
| 2021-01-24 | 18.29% |
| 2020-10-31 | 18.92% |
| 2020-07-26 | 17.74% |
| 2020-04-26 | 19.71% |
| 2020-01-26 | 19.64% |
| 2019-10-31 | 19.74% |
| 2019-07-28 | 18.92% |
| 2019-04-28 | 20.01% |
| 2019-01-27 | 20.69% |
| 2018-10-31 | 21.29% |
| 2018-07-29 | 19.29% |
| 2018-04-29 | 21.15% |
| 2018-01-28 | 21.37% |
| 2017-10-31 | 20.52% |
| 2017-07-30 | 20.50% |
| 2017-04-30 | 22.26% |
| 2017-01-29 | 24.22% |
| 2016-10-31 | 22.78% |
| 2016-07-24 | 20.64% |
| 2016-04-24 | 22.88% |
| 2016-01-24 | 24.34% |
| 2015-10-31 | 20.62% |
| 2015-07-26 | 18.71% |
| 2015-04-26 | 20.16% |
| 2015-01-25 | 18.56% |
| 2014-10-31 | 16.65% |
| 2014-07-27 | 15.93% |
| 2014-04-27 | 16.87% |
| 2014-01-26 | 17.78% |
| 2013-10-31 | 16.59% |
| 2013-07-28 | 15.30% |
| 2013-04-28 | 16.39% |
| 2013-01-27 | 16.26% |
| 2012-10-31 | 16.21% |
| 2012-07-29 | 15.29% |
| 2012-04-29 | 16.67% |
| 2012-01-29 | 16.54% |
| 2011-10-31 | 15.97% |
| 2011-07-31 | 15.59% |
| 2011-05-01 | 16.65% |
| 2011-01-30 | 19.46% |
| 2010-10-31 | 17.21% |
| 2010-07-25 | 16.46% |
| 2010-04-25 | 16.50% |
| 2010-01-24 | 18.43% |
| 2009-10-31 | 18.16% |
| 2009-07-26 | 16.53% |
| 2009-04-26 | 16.43% |
| 2009-01-25 | 16.12% |
| 2008-10-31 | 21.35% |
| 2008-07-27 | 13.65% |
| 2008-04-27 | 23.63% |
| 2008-01-27 | 18.05% |
| 2007-10-31 | 23.18% |
| 2007-07-29 | 21.27% |
| 2007-04-29 | 22.99% |
| 2007-01-28 | 23.90% |
| 2006-10-31 | 24.18% |
| 2006-07-30 | 22.90% |
| 2006-04-30 | 24.28% |
| 2006-01-29 | 24.93% |
| 2005-10-31 | 24.86% |
| 2005-07-31 | 22.23% |
| 2005-05-01 | 23.13% |
| 2005-01-30 | 24.54% |
| 2004-10-31 | 23.70% |
| 2004-07-24 | 22.23% |
| 2004-04-24 | 23.92% |
| 2004-01-24 | 23.93% |
| 2003-10-31 | 25.25% |
| 2003-07-26 | 22.51% |
| 2003-04-26 | 23.78% |
| 2003-01-25 | 24.76% |
| 2002-10-31 | 25.58% |
| 2002-07-27 | 24.29% |